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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Finance

Goldman Jumps As Traders Spark Q3 Revenue Beat But Total Earnings Plunge 45% As Investent Bank Slump Continues

October 18, 2022 Mariel Alumit

Concluding the big banks’ Q3 earnings reports, some of which were disappointing (MS), some were mediocre (JPM, Citi and Wells), and some were spectacular (BofA), moments ago Goldman Sachs reported a 43% Y/Y drop in […]

Finance

US Industrial Production Jumps In September As Capacity Utilization Hits 14 Year High

October 18, 2022 Mariel Alumit

After falling for the 3 of the last 4 months, US Industrial Production was expected rise modestly in September. Instead it surged 0.4% MoM (considerably more than the +0.1% exp) and August -0.2% was revised […]

Green Hydrogen
LNG

Green hydrogen seen competing with LNG within a decade

October 18, 2022 Mariel Alumit

The cost of clean hydrogen will fall to that of liquefied natural gas in a decade as global efforts to replace fossil fuels accelerate, according to Europe’s biggest operator of gas infrastructure. “Green hydrogen today […]

Finance

Japanese FX Intervention Fails Again As Yen Plunge Continues

October 18, 2022 Mariel Alumit

The Japanese Yen appears to be inexorably drawn to the Maginot Line of 150/USD as for the third time in less than a month, Japan’s ‘yentervention’ failed overnight.   As we detailed before the Asian […]

Renewable
Exploration and Production

Renewable Investments Could Outstrip Upstream Oil And Gas In 2022

October 18, 2022 Mariel Alumit

Capital investment in renewables is set to reach nearly $500 billion in 2022. This year could be the first year that renewable investment overtakes upstream oil and gas investment. The break-even time on renewable energy […]

PERI
Renewables Not Sustainable

PERI Solutions Accelerates Development of Smithland Hydroelectric Power Plant

October 18, 2022 Mariel Alumit

Continuous Engineering Support Drive Efficiency in Kentucky Located along the Ohio River 62 miles upstream from the confluence with the Mississippi River, the Smithland Hydroelectric Power Plant is a run-of-the-river hydroelectric power plant that provides […]

No Picture
Climate Crisis

They Can’t Make Green Energy Using Only Green Energy

October 18, 2022 Mariel Alumit

From the MANHATTAN CONTRARIAN Francis Menton Not being a dope, you likely realized a long time ago that it was going to take a lot of energy to manufacture the components of the future green […]

Saudi Arabia
Finance

Saudi Arabia to issue new US dollar-denominated bonds and sukuk

October 18, 2022 Mariel Alumit

RIYADH: Saudi Arabia is planning to issue new bonds and sukuk denominated in US dollars while offering their holders the opportunity to acquire existing notes in exchange for cash. The price guidance for the new […]

AES
International News

AES Andes looks to replace coal power plant in Chile with 560MW molten salt-based energy storage

October 18, 2022 Mariel Alumit

AES Andes, a utility operating in South America owned by AES Corporation, has revealed plans to convert 560MW of thermal power generation into a molten salt-based energy storage plant in Chile. The firm has submitted […]

Finance

The Fed’s Dilemma: “QT Will Break Something, And No One’s Talking About It”

October 18, 2022 Mariel Alumit

By Scott Skyrm, Executive Vice President at Curvature Securities If you can answer two questions correctly, you might have a unique insight into the direction of monetary policy over the next few years. Does the […]

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