Less is more

Tuesday, April 01, 2025 Francisco 0 Comments

China invested like crazy but India did the 


From: 

@dmuthuk

See the below chart. During last 3 decades, MSCI China USD returns are negative - Chinese markets have eroded wealth. This is despite Chinese economy growing leaps and bounds during the last 3 decades.



BELOW GDP PER CAPITA









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The price of oil is back to where it was 20 years ago

Tuesday, April 01, 2025 Francisco 0 Comments

@JavierBlas

CHART OF THE DAY: The price of oil is back to where it was 20 years ago. Even without adjusting by inflation, in mere nominal terms, Brent is trading at the same level as in 2005.






"The street is as bearish crude oil as it was in March 2020 when planet earth effectively locked down." Goldman Sachs via












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