(no subject)

https://www.bloomberg.com/news/articles/2018-02-01/asia-stocks-to-slide-as-tech-stumbles-bonds-drop-markets-wrap

(no subject)

To get to about 500 basis points, the Fed has to raise rates in at least 30+ 0.25 increments (from the current 1.5). Yellen's plan was to reach 3% by 2020, but given the inflationary pressure Powell would have to ramp it up a bit.

(no subject)

Watch on YouTube

(no subject)

I don't remember hearing so much bullshit about the state of the country and the economy since the dotcom bubble. The real estate bubble was also fueled by bullshit thinking, but it was highly leveraged financial bullshit. Is index investing a new way to leverage bullshit?

Парадокс

Вопрос о том, сколько стране нужно иммигрантов возникает; а вопрос о том, сколько стране нужно пенсионеров старше, например, 78-и лет, не возникает.

upd: https://www.populationpyramid.net/united-states-of-america/2027/

Quote of the Day: markets

“...there are no fixed, preexisting markets; rather, the “market” is more a representation of the continual quest of human actors for well-being in an ever-changing context.”

Robert F. Lusch. “Service-Dominant Logic: Premises, Perspectives, Possibilities.

A nation of ostriches eager to fool themselves with made-up problems

1928

https://finance.yahoo.com/news/robert-shiller-stock-market-today-similar-stock-market-1928-204253341.html

Watch on YouTube

https://youtu.be/b8l6wLSPnYY?t=15m