The Progression of World GDP

The Progression of World GDP This chart shows the percentage of world GDP by major countries/regions and how China’s GDP has risen steadily over the past few decades. Image: Bank of America Merrill Lynch

US Long-Term Mortgage Rates Decline: 30-Year Average 4.10% & 15-Year Average 3.57%

US Long-Term Mortgage Rates Decline: 30-Year Average 4.10% & 15-Year Average 3.57% Why US long-term mortgage rates decline? Mortgage costs are influenced by the 10-year Treasury yield which was lower this week, because the trade war between the United States and China pushes investors moving money from stocks to bonds. Bond yields fall as prices rise.…

Has the United States Ever Imported a Recession from a Single Foreign Country?

Has the United States Ever Imported a Recession from a Single Foreign Country? The biggest U.S. trade partners are: China, Canada, Mexico, Japan, Germany, South Korea, United Kingdom and France. So far, the US has never imported a recession from a single foreign country. A Chinese recession would be bad for the U.S. and the…

Berkshire Hathaway VP Charlie Munger on investing

Berkshire Hathaway VP Charlie Munger on investing Billionaire Charlie Munger, vice chairman of Berkshire Hathaway, speaks with Becky Quick about the US and China relationship, politics, life, … https://www.youtube.com/watch?v=peUrLZ24GfM

The Kiril Sokoloff Interviews: Stanley F. Druckenmiller

The Kiril Sokoloff Interviews: Stanley F. Druckenmiller Stanley F. Druckenmiller, founder of Duquesne Capital, speaks with Kiril Sokoloff about life, the current stock market, the FED, his investments, populism, globalization, China, algorithms, and how he would like to be remembered. https://www.youtube.com/watch?v=G-MlrpoMig0