REITs

REITs

Kolanovic: "This Is What The Next Crisis Will Look Like"

"... a tail risk could be a backlash against central banks that prompts significant changes in the monetary system. The next crisis is also likely to result in social tensions similar to those witnessed 50 years ago in 1968."

Spanish Stocks, Bonds, Euro Sink After Catalan Referendum Fiasco; S&P Futures Rise

While S&P futures were modestly higher, rising 0.1% in a quiet session in which China, South Korea, India and Hong Kong were closed for holidays, the Euro, Spanish stocks and bonds were broadly lower as Spain faces its worst constitutional crisis in years following a dramatic, violent crackdown on Sunday's Catalan independence referendum in which 89% of the voters wanted to secede from Spain.

Goldman's Clients Are Confused About Inflation: Here's Why

The US inflation outlook and its equity investment implications were key topics of discussion during recent visits with clients in Boston, Chicago, and New York. Looking forward, will the rate of inflation in 2018: (a) decelerate, (b) accelerate, or (c) stay about the same? The answer depends on the information source.