Every indexed document

and in turn caused the U.S. to lose the “war

but on its own insufficient to result in energy independence since the US still

and the EU’s decision to deemphasize cropbased

politics around the Keystone XL pipeline

401k contributions and employer-paid health benefits in taxable income.

the cost and availability of electricity and the global balance of

a renewable energy discussion involves facts

European concerns about natural gas dependence on Russia

and has written over 30 books and 300 papers on the subject. In this note

I sit down with Vaclav Smil from the University of Manitoba to discuss “the year in energy”. Vaclav is one of the

and where its President is resisting German demands for centralized budgetary supervision.

but now it’s just “run-of-the-mill” terrible instead of “look-out-for-that-bank/countryit’s-about-to-default”

and without the ECB firing a single shot (e.g. buying any bonds). The economic data is still bad (a

financial markets continue to rally in the Periphery. Five -year Spanish credit spreads have fallen below 3%

an unsurprising consequence of excess industrial capacity.

but it should keep things moving. Chinese earnings

and targets an 800 bn RMB budget deficit this year. I wouldn’t argue that

capital spending and export data from China show improvement from the weak pace over the summer

the Tax Policy Center released a study indicating that capping itemized deductions at $25k

many of whom are paying the ultimate price in