If you look at a modern map of the world’s most populous cities, you’ll notice that they are quite evenly distributed around the globe.
Metropolises like Moscow, New York, Tokyo, Cairo, or Rio de Janeiro are spread apart with very different geographic and cultural settings, and practically every continent today can claim at least one of the world’s 20 most populous cities.
Authored by Kevin Muir via The Macro Tourist,
Like a bad parent who doesn’t love his kids equally, I have a confession. My infatuation with European stocks has stopped me from seeing clearly. For the past year I have buying European stocks. When I started, the idea was certainly out of favour - Pretty sure I am alone in this trade. Over time, it gathered momentum, and I stuck with it - The Best Trade on the Board.
By Chris at www.CapitalistExploits.at
I warn you... I'll get hate mail for this. I am a bad person.
Perhaps, I spent too much time in European cities because Athens and Greece in particular always failed to impress me.
Ok, they have a lot of crumbly buildings. But so do every other country in the region. Ephesus is more impressive than the Panthenon. The Colosseum more impressive than the Valley of the Temples.
It's set to be a busy week with a a jam-packed agenda for central bank watchers, with speeches due from Janet Yellen, Mario Draghi, Mark Carney, Haruhiko Kuroda and more. Economic data may also drive momentum in financial markets, with closely watched reports due on inflation, employment, manufacturing and housing from China to the U.S. We also have GDP, durable goods and consumer confidence in US, industrial production in Japan and confidence indexes in EA
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