Disclaimer. After nearly 40 years managing money for some of the largest life offices and investment managers in the world, I think I have something to offer. But I can't by law give you advice, and I do make mistakes. Remember: the unexpected sometimes happens. Oddly enough, the expected does too, but all too often it takes longer than you thought it would, or on the other hand happens more quickly than you expected. The Goddess of Markets punishes (eventually) greed, folly, laziness and arrogance. No matter how many years you've served Her. Take care. Be humble. And don't blame me.

BTW, clicking on most charts will produce the original-sized, i.e., bigger version.

Saturday, February 11, 2017

Australian Heatwave

In 2013, the Bureau of Meteorology was forced to add two new colours, deep purple and pink, to the scale for its heat maps, which had previously been capped at 50C. As the United Nations’ climate change secretariat noted on Friday afternoon, the new colours are currently getting quite the workout.
[Read more here]

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