The world's first commercial carbon capture and storage facility creating a "clean" coal project has opened in Canada on 2 October. The Boundary Dam Power Station in Saskatchewan costing $ 1.2 billion is designed to trap one million tons of CO2 emissions a year. Isn't that wonderful?
U.S. stocks staged a strong rally, as healthy corporate earnings cleared the way for the market to resume its rebound from recent sharp losses. The chart below from Citibank illustrates the importance of having $ 200 billion of central bank liquidity each quarter to maintain the equity markets.
The RealReturnEnvironment (RRE) portfolio has continued to come under pressure with Ebola scares in the US, the oil price slide and continued economic weakness in Europe and in Asia. The RealReturnEnvironment (RRE) portfolio has suffered with the gains being reduced to 22.9 % since the RRE portfolio was founded in December 2013 (see below).
The RealReturnEnvironment (RRE) portfolio has been hit by the global slowdown and the pending fall of Europe back into recession. The continued geopolitical concerns from Hong Kong to Ebola to the Middle East to Ukraine have caused further uncertainty that has not only dampened the outlook for the markets but has also resulted in volatility returning with a vengeance as we have seen wild swings in market averages. As a result the gains in the RRE portfolio since December 2103 when founded, have fallen back from 30% to 22% at the end of this week (see below). The losers are notably Pacific Basin Shipping (down 33%) and General Electric (down 6%).
The RealReturnEnvironment (RRE) portfolio has suffered this past week due to the geopolitical issues and notably the Hong Kong disputes over the nature of the Chief Executive elections in 2017 when only officially approved candidates will be given a spot on the ballot for selection by the citizens of Hong Kong. The popular uprising is continuing. Despite the market recovery on Friday, the RRE portfolio is down some 2% to a reduced gain of 27.3% over the period since December 2013.
Real Return Environment is intended to serve the needs of students, researchers and investors by providing topical articles, country data, literature references and investment insights on topics such as primary energy use.
"Real Return Environment is intended to serve the needs of students, researchers and investors by providing topical articles, country data, literature references and investment insights on topics such as primary energy use."