Haifeng Wang

Haifeng Wang

Haifeng Wang

yhomenick@example.com

Haifeng Wang is a senior policy analyst with the marine division of the International Council on Clean Transportation. He holds a Phd in marine science and policy from the University of Delaware and maintains his own blog dedicated to energy and finance at https://lookbackatchina.wordpress.com/

oil barrel money

Great Minds Think Alike, That's the Problem

By Haifeng Wang 2015-04-08 16:46:28

The spectacular collapse of oil prices in the past nine months has generated much buzz and fanfare (see chart below). Investors have piled on billions of dollars, betting a rebound of oil prices, which had been hovering around $100 per barrel for years. The action is emblematic of the famous mantra of “be greedy when others are scared, be scared when others are greedy,” and served many people well in seizing opportunities created by market chaos. However, people may have to...

Continue Reading...
The People's National Congress

Yesterday No More

By Haifeng Wang 2015-03-21 20:02:17

The news coming out of the People’s Congress, that concluded last week in Beijing, sent mixed signals to the international market. Some people focus on the news that Li Keqiang, China’s Prime Minister, publicly acknowledged the economy was in a bad shape and lowered the economic growth target to 7%. Others point to more upbeat news that China will add measures in the coming months to re-energize the languishing economy. The latter news may be a silver lining to the...

Continue Reading...
More News Stories