Black Swan Insights

Showing posts with label economic indicators US Economy Jobs ISM Bank of England Reserve Bank of Australia Industrial Production. Show all posts

Charting The Supposed Economic Recovery

If you want a clear visualization of how weak the current recovery is compared to the post-world war II average here are 8 charts to prove it. Make sure to look at the last chart which compares the current decline in home prices to what happened during the great depression--hint the current decline is much worse.

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Key Events For The Week

It is hard to believe that we are already in August, but here we go.

Monday Aug 2

1. ISM Manufacturing (July)

2. Construction Spending

3. Reserve Bank of Australia Rate Decision * (always important to the carry traders)

Tuesday Aug 3

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Words of Wisdom from Leonardo da Vinci

1. I have been impressed with the urgency of doing. Knowing is not enough; we must apply. Being willing is not enough; we must do.

2.Simplicity is the ultimate sophistication.

3.Life well spent is long.

4.Life is pretty simple: You do some stuff. Most fails. Some works. You do more of what works. If it works big, others quickly copy it. Then you do something else. The trick is the doing something else.

5. Marriage is like putting your hand into a bag of snakes in the hope of pulling out an eel.