Good morning. Can you imagine stocks trading at seven times earnings….
http://uk.businessinsider.com/long-term-stock-outlook-2015-10

And here is something comparable (but without the PEs) for Japan

http://ftalphaville.ft.com/2015/10/02/2141456/that-was-yen-this-is-now/

But I like this one as well!

https://twitter.com/callum_thomas/status/650768686328868864

Some 20 images as what people thought the future would bring, back in 1900…

http://www.washingtonpost.com/news/wonkblog/wp/2015/10/04/what-people-in-1900-thought-the-year-2000-would-look-like/

Cool and easy way to show how the world economy has evolved over time
http://howmuch.net/content/images/world-debt.mp4

Deals have lost their shine

http://www.ritholtz.com/blog/2015/10/10-sunday-reads-117/

A bit of reading on the shrinking world trade. It should recover though

http://www.ingcb.com/insights/research/a-perfect-storm-for-world-trade

Cool: I hadn’t seen an update on this one for a long time

http://www.calculatedriskblog.com/2015/10/bank-failures-by-year.html

More reading on corporate debt in emerging countries

http://www.economist.com/blogs/freeexchange/2015/10/global-finance-0

So much for the aging problem…

http://uk.businessinsider.com/deutsche-bank-just-hiked-its-gdp-forecast-for-germany-because-of-its-migration-surge-2015-10

The schedule for the week to come
http://www.calculatedriskblog.com/2015/10/schedule-for-week-of-october-4-2015.html

Has it been 25 years already….?

http://www.economist.com/blogs/graphicdetail/2015/10/daily-chart-comparing-eastern-and-western-germany

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