economic indicators

A Collapse In Global Trade

Source: Zero Hedge Coventry League exited the U.S. equity markets last summer despite some prospective investors and silent partners—not being so silent—questioning our rationale during such an ebullient market.  Well, we aren’t the brightest folks in academics or most articulate. However, we seem to have a knack—read, luck—for capital allocation, having achieved some pretty good unlevered annualized …

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Caterpillar’s Dealer Retail Sales

Below is a chart by Zero Hedge and Caterpillar (CAT)’s filings depicting CAT’s monthly dealer retail sales by region globally since 2010.  The good news is market analysts didn’t suggest the downturn in global sales was a result of bad weather.  

The Starbucks Latte Index

Starbucks Latte Index | 2013 | Purchasing Power Parity | Currencies

Yankees, Retired #8 As Yogi Berra once quipped, “a nickel ain’t worth a dime anymore.”  Below is a chart from the Wall Street Journal and Bloomberg News depicting the purchasing power of a dollar using a Starbucks Latte. It’s probably easier to find the source link from a related post by ZeroHedge titled The Starbucks …

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