Good morning. Where will we be three years from now?

http://www.businessinsider.com/higher-interst-rates-impact-on-stock-market-2018-2

The only real Must Read of the year: Credit Suisse Global Investment Returns Yearbook 2018. Factor investing and collectables! (via Martin Mlynar)

https://www.credit-suisse.com/media/assets/corporate/docs/about-us/media/media-release/2018/02/giry-summary-2018.pdf

LOTS of charts on capital flows related to (and from) the US.

https://www.cfr.org/blog/mapping-capital-flows-us-over-last-thirty-years

“Trade as an engine of growth”

https://www.bis.org/review/r180220e.pdf

Interesting, but I am not sure how accurate these kind of measurements are

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http://www.pewresearch.org/fact-tank/2017/10/23/in-polarized-era-fewer-americans-hold-a-mix-of-conservative-and-liberal-views/

And an IMF country report on Australia

http://www.imf.org/en/Publications/CR/Issues/2018/02/20/Australia-2017-Article-IV-Consultation-Press-Release-Staff-Report-and-Statement-by-the-45631

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