The Day After & the Era of Transformation

Here is our take on the articles summarized below: The energy transition marches on. To begin our summaries this week, we examine how one of the key elements of the renewable energy shift – cobalt – has become a critical issue in the US China rivalry, with...

Weekly Market Update

Global Market News Global equities mixedGlobal equities were a mixed bag this week. The S&P 500 and Nasdaq closed the week up 0.32% and 1.24%, respectively, while the Dow Jones dropped 1.38%. The yield on the US 10-year Treasury note decreased slightly to 1.54%,...

Geopolitical Challenges and Statecraft

Due to the Thanksgiving holiday, we will not be posting The Day After & the Era of Transformation next Thursday. The world of geopolitics has become increasingly polarized to the extremes. The US- China rivalry has begun taking on aspects of the Cold War’s nuclear...

Disruption and the Second Derivative

“Fish where the fish are” – Charlie Munger There’s an old story from the birth of the Norwegian oil market that has always stuck with me. In the 1960s the Norwegian economy was not a place that attracted a lot of capital. It was a subsistence economy built...