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Michael Cembalest
Author Archive
2026
2008
Mar 31, 2026
Pandora's Bog: The Global Energy Shock Of 2026
The oil intensity of global GDP has plummeted since its 1970’s peak and is only half the level it was at the time of the Gulf War in 1990.
Jan 14, 2026
2026 Outlook: Smothering Heights
Four intermediate term risks