Good morning. US stocks look pretty expensive again…

https://www.bloomberg.com/view/articles/2017-03-03/what-to-make-of-these-twice-in-history-s-p-500-valuations

That good old Jamaica – Nigeria trade is working like a clock, this year!

https://www.bespokepremium.com/think-big-blog/country-2017-stock-market-returns/

“What’s wrong with the US economy? A theory, in one blog post”

http://douglaslcampbell.blogspot.ru/2017/03/introductory-post-no-us-economy-is-not.html

The BIS quarterly reviews with various special topics. Like this one on consumption led recoveries

http://www.bis.org/publ/qtrpdf/r_qt1703.htm#specialfeatures

A bit more technical: where are the dollar deposits coming from?

https://ftalphaville.ft.com/2017/03/06/2185403/where-are-the-worlds-dollar-deposits-coming-from-embargoed-monday-noon/

Well, the chart looks interesting…

https://shift.newco.co/what-do-economists-know-199bf5793ae6#.n2jkmhkj5

Another problem area for the US: opioids…

http://www.economist.com/blogs/graphicdetail/2017/03/daily-chart-3

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