Juggling Dynamite

What went up together on ‘easy money’ the world over, is now going down together.  This was always the devil’s bargain made when policymakers chose to bail-out high indebtedness and speculative activites with even more debt and speculative activities.

Nick Brooks, head of economic and investment research at Intermediate Capital Group, discusses how an economic downturn may impact various sectors. Here is a direct video link.

Real estate slowdown will hit ‘wealth effect’ and consumer spending, strategist says from CNBC.

Judging by the ink-mania that has swept the world over the past decade, it seems laser removal will be a service in huge demand going forward.  Interesting to see how it works.

See how a tattoo is removed using a laser pic.twitter.com/vm1rhQzBmK

— Business Insider (@businessinsider) December 14, 2018

Bloomberg Opinion columnist Barry Ritholtz interviews Jeremy Grantham, who co-founded the global asset management firm GMO and serves as its chief investment strategist. Prior to founding GMO, Grantham was co-founder of Batterymarch Financial Management, where he recommended commercial indexing; he began his investment career as an economist with Royal Dutch Shell. He and his wife Hannelore have established the Grantham Foundation for the Protection of the Environment.  Here is a direct audio link.