Good morning. A bit of reading and a couple of charts on the oil market
US housing is no longer the piggy bank
http://libertystreeteconomics.newyorkfed.org/2017/02/houses-as-atms-no-longer.html
The irony of this chart: Greece is almost the only European country that reaches the 2% mark
http://www.economist.com/blogs/graphicdetail/2017/02/daily-chart-11
Real interest rates are not low because of secular trends, according to this post
http://economistsview.typepad.com/economistsview/2017/02/low-real-interest-rates-depression-economics-not-secular-trends.html
CAPE: useful or rubbish part XVII
http://theirrelevantinvestor.com/2017/02/13/should-stocks-be-worth-more-now-than-they-used-to-be/
Inequality part XXVII
https://www.bloomberg.com/view/articles/2017-02-16/a-zombie-apocalypse-and-a-stew-of-uncertainties
The slow death of UK newspapers…
https://www.businessinsider.nl/enders-analyis-graph-slow-death-british-newspapers-2017-2/
A ‘bit’ of reading on the agricultural outlook until 2025
And even a ‘bit’ more reading on international capital flows by the BIS (330 pages)
http://www.bis.org/ifc/publ/ifcb42.pdf
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