Image: Shipping on the Clyde
John Atkinson Grimshaw (1836-1893)
Fed Printing Press Goes in Reverse, $248 Billion in Liquidity Pulled Back, No More Repos
Since the Fed’s balance sheet stopped expanding four weeks ago, the face-melting rally in stocks has flattened out completely
Image: Ohio Farmer
Circa 1900
Ray Dalio: Capital Markets No Longer Function as Free Markets, Central Banks Have Taken over
A sobering view into where we may be headed
The Last 20 Years of Supertall Skyscrapers
In the 21st century, at least one supertall skyscraper has been completed every year
Jim Rogers: US Stocks May Be Entering a Mania
Money printing, deficit spending, borrowing, and stimulus…
The India-China Trade Imbalance
While the volume of trade between India and China is small compared to trade between China and the US, the relative trade imbalance is nearly identical
Chris Whalen on Banks: More 1930s Than 2009
“I think losses this year could be twice 2009”
Map: The World in 1608
The world according to Dutch globe maker Pieter Van Den Keere in 1608
QE-Infinity Reverses for Yet Another Week; Fed Getting Cold Feet?
Has the Fed finally seen the light? Probably not…