Betting on reflation? Three risks to ponder
In this short video we explain the three risks to inflation expectations:
- Global slowdown of PMIs and weakening economic surprise:
- Commodities price action.
- Protectionism is disinflationary. It generates more negatives in growth, trade and consumption than the alleged protection to the sectors involved.
Driving Down Costs in a Digital Oil and Gas Future

The oil and gas industry has been always a story of boom and bust, but times might be changing. We are now entering an era of major social, technological, and political trends that could reshape the environment in which oil and gas companies operate.
Optimism regarding resource abundance and profound technological innovations are leading to sustained lower oil prices and a focus on cost, efficiency, and speed. Continue reading Driving Down Costs in a Digital Oil and Gas Future
Trump’s Tariffs: A Tool for Free Trade

This is a special contribution from Steve Milloy, publisher of JunkScience.com and author of “Scare Pollution: Why and How to Fix the EPA” (Bench Press, 2016) in response to my post “Tariffs are the Worst Way to Combat Protectionism“.
Knee-jerk Trump-haters and many free market economists are up in arms over the President’s recent imposition of various tariffs. While the Trump-haters are easily dismissed, what about the free market economists? Continue reading Trump’s Tariffs: A Tool for Free Trade