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Happy Easter! Real Estate FT - Chinese buyers fuel Brooklyn real estate boom - Rana Foroohar 4/16 * "…World property markets have become totally disconnected from national economies. There has been a massive housing recovery in the US since 2008, but over half of all the gains have accrued to a
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Worthy Insights / Opinion Pieces / Advice * Mauldin Economics - The Influence of Affluence - Marc Faber 4/12 Markets / Economy WSJ - Inflation Is Back, But Don't Worry - Steven Russolillo 4/12 * "Good news: Inflation just topped a key milestone. Even better news: It doesn't look poised to zoom
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China no longer the largest US creditor – Japan is again. China capital outflows, have you looked at the bank loans? Brazil’s Odebrecht just got served the FCPA’s largest settlement. Happy Holidays! Headlines * FT - Ferocious competition roils private equity market 12/17. Deal volume is down, acquisition multiples are
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Chinese corporate debt…geez…Someone’s going to have to take a haircut. US pension crisis. Headlines * WSJ - China's Property Bubble Keeps Getting Bigger 9/19. "With so many parties including banks and local governments all depending on real estate, it may not make sense for them
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A novel way of paying off debt – issue more of it, the savings are already accruing. It’s official, Nigeria is in a recession. Headlines * WSJ - Food Price Deflation Cheers Consumers, Hurts Farmers, Grocers and Restaurants 8/29. "The U.S. is on track this year to post the
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Japanese banks wary of property risks. Negative-yielding sovereign debt jumps to $11.7tn. This week all the media outlets were blanketed with coverage on the Brexit and of course the synopsis varied from catastrophe (a lot of money was lost in the equity markets around the world immediately – which
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Eight massive shifts underway in energy. U.S. men of prime working age are dropping out of the labor force. Venezuela on the brink of social and economic collapse. Headlines * WSJ - Global Bonds: Even Further Through the Looking Glass 6/16. Long dated bonds continue to fall - generating outsize returns,
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Loans taken out by commodity rich countries in the good old days to be paid back in oil have become a major liability. The financial outlook for Chinese firms isn’t looking so good. Negative yields on corporate bonds – hey, it’s better than what you can get for the
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China’s coming debt bust. It’s a short one this week – traveling with the family. Enjoy! Headlines * FT - Chinese retail investors throw global commodities into a tailspin 5/6. Without a better outlet, money from Chinese retail investors has found its way to the commodity markets. * FT - Canada'