Marc Mobius: Valuations Are Out the Window
“People expect this money printing to go on, and on, and on, but eventually it will stop”
Daniel Lacalle: Higher Inflation Won’t Help Household, Corporate Debt
When inflation rises as a result of excessive monetary stimulus, wages lag prices
Chart: Inflation & Demographics
The relationship between the number of people entering the workforce and inflation is quite strong
Ambassador Brownback on Chinese Organ Harvesting, Religious Prosecution, Forced Sterilization
The most egregious crimes against humanity of our era are being committed in communist China right now
3D Image: Ara Pacis Augustae
An altar commissioned by the Roman Senate in 13 BC
The Decline of the American Dream in One Chart
Whereas 93% of Americans born in 1940 ended up wealthier than their parents by 30, just 45% of people born in 1980 did so
Sam Zell: Riots and Violence Bigger Factor Than Covid in Flight from Cities, Commercial Retail a ‘Falling Knife’
“Everybody is being driven and impacted by the issues of safety”
Coronavirus Cuts International Tourism in Half
International tourist arrivals are down 56% globally
Chart: US Budget Deficit Since 1976
15% of GDP….
Boockvar: Don’t Root for Higher Inflation
One would think that these points would be obvious…