Writer and designer Graham Hill makes the case for taking up less space, and lays out three rules for editing your life. A wealthy man, Hill lives in a sparsely furnished 420 square foot apartment in New York City.
Hill is the founder of TreeHugger.com; he travels the world to tell the story of sustainability, and tweets at @GHill.Here is a direct link.
The truth about bad debts and unsustainable stalling tactics is rearing its head once more in Europe. Carrington Investment Services’ Chris Whalen and Tangent Capital’s James Rickards discuss the crisis in Cyprus and the costs of the Federal Reserve monetary policy.Here is a direct link.
The unbounded optimism of the Jazz Age and the shocking consequences when reality finally hit on October 29th, ultimately leading to the Great Depression. Here is a direct link. Famous last words: “You couldn’t go wrong investing in American stocks”…sound familiar? The more things stay the same…
BTW in case you are wondering, the margin use on NYSE stocks has now reached levels seen near the peak of both the tech led stock bubble of 2000 and the credit/housing/commodities/stock bubble of 2007 as shown in this chart to 2013.
Cory’s Chart Corner
Sounds like he's saying big FAT sustainable dividends lie near the bottom. Yummy!
Paul Tudor Jones in an Interview with Patrick Oshaughnessy sums up and connects the valuation pieces of the overall market well:
“We’re 252% of stock market cap to GDP. In 1929 we were 65%. In 1987 we got to ~85-90%. In 2000, 170%.
If you think about the periodicity of
