Chart of the 1929 Crash

I really like this chart.

US REITs continue higher

I have certainly said this before, so I will say it again. I think the US REITs are topping out, we may get a push to the fibonacci 68% retracement but we are certainly close.

While I am at it I feel the same way about the Canadian REIT market.

Shanghai Exchange

I believe this index is telling us there could be a hard landing coming and I see this as the canary in the coal mine for the US markets.

Greek Money Supply

This chart really tells the tale.

Housing Affordability a Global Look

I was surprised to see Sydney isn’t as expensive as I thought.