Coal’s Sunset/The Capital Cycle; Graham Bangs the Table

http://csinvesting.org/2016/01/13/more-on-the-capital-cycle/ was our last discussion on the capital cycle.

Now, look at these two excellent posts on Coal.

• Coal’s Long Sunset
• Coal’s Restructuring Signals

A perspective on current conditions in other markets:

The Big Long – Final Feb 28 2016 The writer promises a follow up to discuss catalysts–which, I believe, will be the change in supply and demand dynamics and the capital cycle. See article referred to here: 2_Buffett and Graham Call the 1974 Market Bottom

and for more historical and emotional perspective:

• Buffett Klarman and Grahm on Mr Market
• commodity supercycles
• A Study of Market History through Graham Babson Buffett and Others