Stock and real estate bubbles on a collision course
Today's Breakfast with Benjamin sees stock and real estate bubbles on a collision course, gold prices stuck in neutral, Bill Gross cutting Treasury bond exposure, and much more.
- The price of gold remains stuck in tug-o-war between geopolitical strife and Fed monetary policy. Opposing forces are holding the precious metal at $1,300 an ounce. Caught between Iraq and a hard place
- Stock and real estate markets are shaping up to be bubbles on a collision course. History repeats. This time it’s different, maybe
- PIMCO’s Bill Gross trimmed his exposure to Treasuries in July, citing lackluster wage growth. Increased exposure to non-U.S. developed debt
- As the U.S. and Russia lay on the sanctions, the iconic Russian vodka is exposed for not living up to its reputation. None of the five best-selling vodka brands are produced in Russia
- A touching tribute to Robin Williams in the form of a ‘thank you’ note. ‘None of us are alone’
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