Good morning. China housing and beyond
https://www.businessinsider.nl/china-will-bring-volatility-to-markets-2017-11/

Probably worth a read: “The distribution of excess liquidity in the euro area”

https://www.ecb.europa.eu//pub/pdf/scpops/ecb.op200.en.pdf

GMO says it is not just Technology stocks that are expensive

https://www.gmo.com/docs/default-source/research-and-commentary/strategies/asset-allocation/faang-schmaang-don-t-blame-the-over-valuation-of-the-s-p-solely-on-information-technology.pdf

For the technical volatility nerds out there

http://libertystreeteconomics.newyorkfed.org/2017/11/the-low-volatility-puzzle-is-this-time-different.html

And then there is this, of course

https://qz.com/1130506/photo-steve-mnuchin-and-his-wife-louise-linton-holding-a-big-sheet-of-money/

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