economist

Bitcoin is a ‘dangerous speculative bubble’ – Yale economist warns

1 week ago DieselGasoil Comments Off on Bitcoin is a ‘dangerous speculative bubble’ – Yale economist warns
Published time: 5 Dec, 2017 13:33 Edited time: 5 Dec, 2017 13:52 The bitcoin buying frenzy is a ‘toxic concept for investors,’ according to Stephen Roach, who’s described by Yale Univesity as one of Wall Street’s most influential economists. “This is a dangerous speculative bubble by any shadow or stretch of the imagination,” Roach told Read More

Oil price could jump to $80 per barrel says economist Jim O’Neill

2 weeks ago DieselGasoil Comments Off on Oil price could jump to $80 per barrel says economist Jim O’Neill
Published time: 29 Nov, 2017 13:50 Edited time: 29 Nov, 2017 13:52 Crude prices could return to the levels last seen in 2014, according to a prediction by economist Jim O’Neill, former chairman of Goldman Sachs Asset Management. “While oil prices could be about $60 per barrel in November 2018, my guess is that they Read More

Economist Dan Ariely has a fix for our financial foibles

3 weeks ago DieselGasoil Comments Off on Economist Dan Ariely has a fix for our financial foibles
NEW YORK(Reuters) – No offense, but you are probably dumb with money. FILE PHOTO – Dan Ariely, professor of psychology and behavioral economics, speaks at the Sohn Investment Conference in New York, May 5, 2014. REUTERS/Eduardo Munoz You are human, and we are simply wired to make dumb financial decisions, like spending too much or Read More

Saudi Arabia wants to kill the petrodollar – economist

4 weeks ago DieselGasoil Comments Off on Saudi Arabia wants to kill the petrodollar – economist
Published time: 16 Nov, 2017 13:42 The United States and Saudi Arabia are so interdependent that a rift would mean disaster for the petroDollar system and the greenback’s reserve currency status, warns economist Brandon Smith. He is sure Riyadh is planning to ditch the Dollar. “I believe the next phase of the global economic reset Read More

US dollar will lose its ‘kingpin’ status – economist Jim O’Neill

4 weeks ago DieselGasoil Comments Off on US dollar will lose its ‘kingpin’ status – economist Jim O’Neill
Published time: 15 Nov, 2017 09:47 The greenback’s status as the world’s most powerful currency has come into question, and could soon be shattered, even though contracts based on the US Dollar dominate global markets. Economist Jim O’Neill says Investors “have to believe” it is not going to be the kingpin currency forever. He explained Read More

Nobel-winning economist Robert Shiller calls bitcoin ‘a fad’

2 months ago DieselGasoil Comments Off on Nobel-winning economist Robert Shiller calls bitcoin ‘a fad’
Published time: 17 Oct, 2017 11:40 The enthusiasm people are showing toward bitcoin is strange, according to American economist Robert Shiller who has called the cryptocurrency a fad comparing it to the bimetallism phenomena. “I’ll take bitcoin, too, because I know I can sell it and get out of it. There seems to be some Read More

New Nobel Prize economist Thaler stumped by record markets

2 months ago DieselGasoil Comments Off on New Nobel Prize economist Thaler stumped by record markets
BOSTON (Reuters) – University of Chicago professor Richard Thaler may have won the Nobel Economics Prize on Monday for his work on behavioral economics, but the behavior of investors has him stumped. Thaler said on Tuesday he is puzzled by the steady rise of global stock markets in recent years, even as many countries are Read More