Not exact matches
Releasing a report responding to Ceres — a group made up of institutional investors which has for years been pushing resource companies to disclose their carbon
bubble risks — Exxon vice-president of corporate strategic planning William Colton said, «All of ExxonMobil's current hydrocarbon reserves will be needed, along with substantial future industry investments, to address
global energy needs.»
It also helped the economy in 2008 when
global risk aversion was at its peak, and during both the Asian financial crisis in the mid to late 1990s and the bursting of the tech
bubble in the United States a decade ago.
If anything should be clear from the
bubbles of recent years, the greatest
risks are not when prices are depressed, the economy is weak, and investors are frightened, but rather when prices are elevated and an unendingly positive outlook for technology, or housing, or
global growth, or private equity, or emerging markets, or commodities seems all but certain.
Read also China Blowing Even Bigger Credit
Bubble Puts World at Greater
Risk, Says
Global Strategist
The UBS
Global Real Estate Bubble Index is designed to track the risk of housing bubbles in global financial ce
Global Real Estate
Bubble Index is designed to track the
risk of housing
bubbles in
global financial ce
global financial centers.
In the last few years we've had a housing
bubble, a credit
bubble, runaway government spending, soaring gas prices, a
global recession, high unemployment, the
risk of a U.S. debt default, a fiscal crisis in Europe, and the threat of severe inflation.
However, the
risk of a
global recession must always be considered, especially with rising concerns about China's slowing growth and inflating debt
bubble.
Famed for studying almost three dozen
bubbles and every bust, in September 2007, a month prior to the market peak that preceded the
Global Financial Crisis, Grantham noted, profit margins would fall, the housing market would break, and the
risk - premium all over the world would widen, «each with severe consequences».
More on the Potential
Risk of Methane
Bubbling From the Siberian Seafloor Further reinforcement of the notion that while permafrost melting is certainly a cause for concern due to the
global warming potential of trapped methane, at least where the Siberian seafloor is concerned, well, not so much.
I can't speak for oil and gas analysts, but I'd be surprised based on past experience in the industry if the
risk of a 10 % or greater drop in
global demand for oil or gas in the 2030s would have much of an effect on their price targets for companies — certainly not enough to qualify as a
bubble.
Global management consulting company, Accenture, in a report this week on how the energy industry needs to transform to survive cited the «carbon
bubble» — first coined by Carbon Tracker five years ago — as a real
risk.
If the Bitcoin
bubble were to burst, it wouldn't pose any
risk to the
global economy, as the entire crypto market cap is still too small.
And while a big correction isn't outside the realm of possibilities and the
bubble mindset is indeed attached to the current Bitcoin market, BTC is far away from being a
risk to the
global financial system.
UBS's 2017
Global Real Estate
Bubble Index lists the cities whose housing markets are at greatest
risk of becoming
bubbles that could eventually deflate, or worse.