Markets

Preventing The Next Crisis - Today's Editors' Picks

An image of a pen on an open laptop
Credit: Shutterstock photo

By SA Editors' Picks :

Hello! I'm your curator, Michael Hopkins.

Here are today's Editors' Picks:

Chart of the day : MLPs with refiner or producer parents and an indication of their dependence on their parent based on 2016 revenues.

Comment of the day , by reader rfernando80

Ultimately, the global financial system, primarily due to demographic structural issues, is facing an intractable solvency problem. We've been treating it as a liquidity problem, but I believed the author is right, only a debt jubilee would provide a clean slate. Unfortunately, the huge loss of financial wealth implied in such an event would mean that there would be no place to hide, not even in gold or property, as their prices would also collapse together with the entire financial system. What would follow would be a lot worse than the 1930s, mass unemployment, civil unrest and possibly even war between major economies. Hence, there is no alternative other than to keep pumping liquidity in to this unsolvent system and kicking the can down the road for as long as we can.

Image of the day : Escaping anxiety.

Quote of the day:

The permanent temptation of life is to confuse dreams with reality. The permanent defeat of life comes when dreams are surrendered to reality. James A. Michener

Thanks for reading. Please share your 'Editor's Pick' with fellow investors by posting it in the comments.

Have a great day!

Michael

See also Omega Delivers Alpha, But No Dividend Growth In 2018 on seekingalpha.com

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Stocks

Latest Markets Videos