Sunday, April 28, 2013

Oddly Relevant Apr-28-2013


What if we never run out of oil? [Note: good long piece on the Atlantic about the relationship amongst shale gas, oil, coal, and methane hydrate. The point is, pay attention to the methane ice close to the coast of Japan—no country wants to be dependent on Saudi and the U.S., and the economic retrieval of such resources could spell another round of industrial revolution]…Source: http://www.theatlantic.com/magazine/archive/2013/05/what-if-we-never-run-out-of-oil/309294/

The short supply of assets: Fantastic chart and data here from Citi Research showing the issuance of various securities over the last 10 years in the Eurozone, US and Japan.  It’s interesting to note the surge in treasuries that has occurred since the collapse in the GSEs and the so-called AAA bubble in real estate.  It’s also interesting to note the decline in net issuance.  In other words, the supply of asset issuance continues to run at a level well below pre-crisis levels.  That might explain at least some of the broad upward pressure on assets in general. Source: http://pragcap.com/the-short-supply-of-assets

Another tech piece in Alcatel’s turnaround warchest: Yes, execution and cost cutting is key for Combes, but note this: Feldman sees towers as the rage for the next year to come, but what if ALU brings much smaller “cell towers” to our block to enhance capacity and enable convenient deployability? The small cell technology has been around for years but ALU is first of its kind bringing it to the market. It’s noteworthy that China Mobile and Spring already took the plunge. Source: http://www.njtvonline.org/njtoday/video/bell-labs-lightradio-cube-could-be-game-changer-in-wireless-technology/

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