The charts that suggest the Australian housing bubble is out of control

Hamish Douglas is Chief Financial officer of Magellan Asset Management, a fund that has performed admirably for a number of years and which I have personally recommended when I was an active investment adviser to the advantage of clients at the time.. His comment is worth considering. Jonathan Tepper is also someone with whom I…

Brazil plans to zap mosquitoes with radiation to halt spread of Zika virus – Telegraph

What could possibly go wrong? Will this only fix the mosquito problem or will there be a whole lot of sterile animals and humans wandering around? From Zero Hedge: Having “nailed it” with the feces-infused water for the Olympics, killed the golden goose of its economy, and unable to crackdown on widespread corruption, Brazil now has…

NATO Worried about Possible Turkey-Russia Hostilities – SPIEGEL ONLINE

Commentary from ZeroHedge: If you want our take – and let’s face it, you must because that’s why you’re here – we wouldn’t put too much faith in today’s announced Syrian “ceasefire” agreement. Although the deal calls for the cessation of hostilities as of Saturday at midnight, you shouldn’t expect the Russians and the Iranians to…