Image: Tyranny
Via the great cartoonist Michael P. Rameriz
Daniel Lacalle: Eurozone Recovery to Be Particularly Slow and Painful
A “very very long and difficult process”
Peter Fisher: Time to Worry About Chinese Stocks
“One of the only places that uncertainty about the future can get expressed is in the equity market”
The End of a 40 Year Era and the Mystery of What Comes Next
We are approaching a long term inflection point that will define the coming decades
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…