Good morning. The world economy right now
http://ritholtz.com/2017/03/74-trillion-global-economy-one-chart/
Have we passed peak finance
https://www.bis.org/speeches/sp170228.htm
And there goes the next 1000
https://www.bespokepremium.com/think-big-blog/1000-here-a-1000-there/
But stocks have become more expansive during the process (based on backward looking PE/s)
https://www.bespokepremium.com/think-big-blog/sp-500-pe-ratio-crosses-above-22/
The 92 million out of the US labour force (and the reasons why)
http://blogs.wsj.com/economics/2015/10/21/what-we-know-about-the-92-million-americans-who-arent-in-the-labor-force/
“Can Tight Labor Markets Inhibit Investment Growth?”
http://macroblog.typepad.com/macroblog/2017/02/can-tight-labor-markets-inhibit-investment-growth.html
On household debt and income inequality
https://ftalphaville.ft.com/2017/03/01/2185134/americas-household-debt-binge-was-about-income-inequality/
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