Archives for Markets - Page 3
There are currently about 730 construction cranes in Australia, 321 of which are in Sydney. In the US, Seattle has the most cranes with 65 active. Clearly, Australia is being overbuilt, Sydney in particular. This has been a cause of concern to many commentators over the past few years as…
This week BMW Group announced a partnership with Sila Nanotechnologies to develop and manufacture the next generation of lithium-ion batteries. The objective is to lower the cost of the electric vehicle battery pack by improving the energy density. To do this the current graphite graphite anode is replaced by silicon.…
Once, not so many years ago, it was thought that automation would lead to more leisure time and more time to pursue education and other intellectual endeavours. But this has not happened. Automation has benefitted the owners of the technology and their financiers, but not those who have been replaced.…
The chart below is from a great article by Alberto Gallo of Algebris Investments, read it here. So, Australia takes first place, but I would rather we were not on the list at all. But to listen to the real estate industry here in Sydney, there is no bubble in…
It is human nature to attach meaning to randomness. So, it is often believed that someone who has had several years of investment success, for example, is more skillful than others with less success. However, it is quite likely that it is instead a lucky streak. There is an excellent…
South Australia is a small, mendicant state, its population of 1.7M is supported by transfer payments from other states. It is now the proud owner of the world’s highest cost electricity. About 45% of its electricity comes from taxpayer subsidized windmills. In second place is Denmark, also covered in windmills.…