Average Number of Hours Spent Using the Internet per Day via any Device The time spent per day on the internet in the USA is 6H30. Image: Hootsuite Click the Image to Enlarge

Crude Oil Reserves in Billion Barrels (Gbbl) The proven oil reserves in Venezuela are recognized as the largest in the world, but by some measures, it is the most miserable economy in the world. Image: howmuch.net

U.S. Tariff Rates Are Now Higher Than Developed Market Countries, Approaching Emerging Countries The average U.S. tariff rate could increase to 7.7%, close to those of Brazil. You may also like “China is Raising Tariffs…

“The Stock Market Is Filled with Individuals…” –Phillip Fisher Quote of the day: “The stock market is filled with individuals who know the price of everything, but the value of nothing.” –Phillip Fisher

The Rise of ETFs May Distort the Stock Market Vanguard holds more than a 5% stake in 99.8% S&P 500 stocks. Image: BofA Merrill Lynch

Does Bitcoin Have Intrinsic Value? Well, although skeptics say Bitcoin has no value, JP Morgan says Bitcoins have “intrinsic value” using the cost of production approach following Hayes. See: Adam Hayes, A Cost of Production…

European Economic Slowdown – Real GDP Growth 2018Q4 Is Europe’s slowdown severe? Well, this great chart shows real GDP growth in 2018Q4. Image: European Economic Snapshot

For the Last Few Years, Equity Markets Have Been Leading Bond Markets When both markets do not react simultaneously, then one market leads the other and the securities are mispriced temporarily. Image: Hayek and Keynes

What Does Government Debt Look Like Across the Globe? Government debt has risen to over $63 trillion in absolute terms. Japan is the most indebted countries in the world, with debt-to-GDP ratio of 237.6% in…

“Ken Fisher: Thinking in Ways That Others Do Not, with John Tamny” Great interview of Ken Fisher on: coastal redwoods, dikes and climate change, efficient markets, quantitative easing (QE) vs. inflation, humans as a group are…

The University of Michigan Consumer Confidence Sentiment Index Hit a 15-Year High Last time, it hit this level was in May 1997 and January 2004. That’s good news, because this level suggests that there is…