csenn1

[Robin Brooks @robin_j_brooks]

Only thing that's truly surprising about US Treasury yields is that they aren't higher. US debt issuance is near the height of the 2008 crisis (black) and - on top of that - the Fed is doing pretty aggressive QT (blue). There's some price inelastic buyers out there after all...

[Robin Brooks @robin_j_brooks]

Brazil's massive trade surplus this year gets dismissed as an outlier event, but it isn't. There's been a gradual move towards bigger and bigger agriculture exports (orange), which power the trade surplus. This trade surplus isn't an outlier. It's a lasting transformation...

[Compounding Quality @QCompounding]

The World’s Population at 8 Billion:

[Diego Saez Gil @dsaezgil]

LatAm is bigger than most think

[Compounding Quality @QCompounding]

Terry Smith is one of the best Quality Investors in the world achieving an annual return of 15.5% (!) since 2010.

We mapped all his shareholder letters in 1 PDF for free. You can find the link here: https://t.co/eu6qOrF5ta

[Michael Pettis @michaelxpettis]

10/10
of the old model, it was always strongly resisted.

This is inevitably a disruptive process, but not to resolve it will ultimately be even more disruptive. There are a limited number of paths China can follow, and they all involve serious costs.
https://t.co/LAksZjcy0G