Authored by Valentin Schmid via The Epoch Times,
When the economy started to cool in the beginning of 2016, China opened up the debt spigots again to stimulate the economy. After the failed initiative with the stock market in 2015, Chinese central planners chose residential real estate again.
Authored by Steven Englander via Rafiki Capital Management,
A thought experiment on why wages are so weak
I propose a microeconomic rationale for why macro wage performance is so weak, despite tight labor markets. The idea is that we are getting paid less for our job-specific knowledge because technology is making it easier to replace us without major loss of productivity with less skilled workers. The implications for markets:
The man who declared war on Disneyland just opened the world’s largest indoor ski resort. And now he’s being forced to sell it.
As the South China Morning Post reports, Wanda City, the $6 billion resort development built by China’s wealthiest tycoon Wang Jianlin, opened for business two weeks ago. The resort, which, at 1.6 square kilometres, is the world’s largest indoor ski park.
Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity,
Federal Reserve Chair Janet Yellen recently predicted that, thanks to the regulations implemented after the 2008 market meltdown, America would not experience another economic crisis “in our lifetimes.” Yellen’s statement should send shivers down our spines, as there are few more reliable signals of an impending recession, or worse, than when so-called "experts" proclaim that we are in an era of unending prosperity.
It shouldn't be too surprising that the XIV exchange-traded note - which is designed to deliver the inverse performance of the well-known CBOE Volatility Index (or the VIX) on a daily basis - is attracting fresh attention after surging as much as 87 percent this year.
http://player.cnbc.com/p/gZWlPC/cnbc_global
But, as CNBC notes, some caution that investing in the exchange-traded product now could be deeply risky.