Marc Sumerlin: Press too Negative on US-China Trade Meeting
It should be eminently easy to clarify the confusion
Visualizing the Aftermath of the Real Estate Bubble
“States like Rhode Island (-12.0%), Connecticut (-11.7%) and New Jersey (-10.0%) similarly remain below their pre-recession levels”
El-Erian: Fed Not Necessarily More Dovish
“The mindset of the market is looking for the ‘Bernanke Put.’ It’s looking for the ‘Yellen Put.’ So, it will take any signal and run with it…”
Image of the Day: Alcohol Barrels to be Burned During Prohibition
I can’t image that going well once it started to collapse…
Jim Rogers: Commodities Will Outperform Stocks; Oil Is Making a Complicated Bottom
“Known reserves of oil are in decline, and continue to decline, except for fracking”
Map of the Day: Life Expectancy Around the World Since 1800
“Demographic research suggests that at the beginning of the 19th century no country in the world had a life expectancy over 40 years”
Rick Santelli: We Need to Allow Markets to Move Interest Rates, Not Central Banks
“We need to reverse some of the quicksand that the markets are standing upon”
Image of the Day: View of the Entrance to the Arsenal
Canaletto – 1732
Map of the Day: All the World’s Billionaires in a Single Map
“If you added up all the money of every billionaire in the world, you’d have about $8.9 trillion in wealth”