Market Share

Goldman Asks "Have We Reached Peak Cash?"

The three key stakeholders in this argument, governments, businesses and consumers, all have varied benefits from shifting away from cash... although the advantages of moving away from cash are perhaps the most pronounced for governments.

The "Retail Apocalypse" Is Officially Descending Upon America

“What’s going on is the customers don’t have the fucking money. That’s it. This isn’t rocket science.” Consumerism has long been a defining element of American society, but retail giants are now shutting down thousands of their locations amid a long-anticipated "retail apocalypse."

An OPEC Deal Extension Isn't As Simple As It Sounds

OPEC’s deal now is trying to send a unified message that the members are making every effort to rebalance the market, so it’s unlikely that OPEC will correct Iraq’s insistence that the deal was forged over export figures rather than production figures.

How OPEC Lost The War Against Shale, In One Chart

Goldman presents a chart which shows just as graphically how exactly OPEC lost the war against US shale: in one word: the cost curve has massively flattened and extended as a result of "shale productivity" driving oil breakeven in the US from $80 to $50-$55, in the process sweeping Saudi Arabia away from the post of global oil price setter

Retail Sales Decelerate, Rise 0.1% As Expected; Control Group Disappoints

Perhaps courtesy of the traditional aggressive seasonal adjustments, the Census Bureau announced that retail sales printed largely in line, and above the Bank of America suggested "whisper" decline, rising 0.1% in February, in line with consensus, but below last month's 0.4% growth. Similarly retail sales ex autos rose 0.2%, also on top of expectations, although the rate of increase slowed down from last month's 0.8%.

Fasanara Capital: This Is The Bear Case For Oil

"We reiterate our view that Oil is defying gravity at current levels and is set to revisit lows in the not so distant future, due to overwhelming structural factors such as exponential technologies, shale oil/shale gas/nat gas, substitution effects. Long-term prospects have little bearing in the short-term for price-discovery, but do provide a magnet for prices over time."

Reggie Middleton's picture

The Winkelvoss Bitcoin ETF just might be salvageable. There were some fairly egregious misconceptions and dated understandings in the SEC's reasoning to reject the application. I can show those who are interested how to construct a stronger application that overcomes the objections. The demand is there, we just need to get the vehicle correct.