Chris Berry: Can Electric Vehicles Drive Vanadium Demand?

Solar and wind can’t produce power when there is no sun or turbulence in the air. That is why energy storage will be vital for offsetting and balancing use of traditional baseload power sources during peak and off-peak periods. House Mountain Partners founder Chris Berry is making a bet on the unfamiliar element . . . → Read More: Chris Berry: Can Electric Vehicles Drive Vanadium Demand?

The reversal of reforms on the New Pension System?

In December 2002, the NDA made a very big move in pension reforms. They decided that from 1/1/2004 onwards, all new staff recruited into the government would be switched out of the traditional defined-benefit pension and instead placed into a new individual-account defined contribution pension system. This was one of the major achievements of . . . → Read More: The reversal of reforms on the New Pension System?

Random Shots - No Light at the End of the Tunnel?

One of the stories that caught my attention this week was the Bloomberg piece about how banks in London and New York are starting to jump ship on the old finance hubs due to fear of effects from planned regulatory tightening.

Quote Bloomberg

Banks in Europe are exploring ways to cut costs by routing . . . → Read More: Random Shots – No Light at the End of the Tunnel?

Economic Events on September 7, 2011

The Mortgage Bankers’ Association purchase index will be released at 7:00 AM EDT, providing an update on the quantity of new mortgages and refinancings closed in the last week.

At 7:45 AM EDT, the weekly ICSC-Goldman Store Sales report will be released, giving an update on the health of the consumer through this analysis . . . → Read More: Economic Events on September 7, 2011