1) Four of the world’s most valuable internet companies are based in China: (via @jackdamn)

Shale

2) cash ROE is higher for North American #shale companies than it is for Global integrated companies: (via @greekfire23)

Shale 2

3) “40 cities worldwide are projected to have at least 10 million people by 2030” – BBG *wow Asia h/t @WorthWray

3

4) demographic headwinds are also present in the Euro Area:

source: Société Générale

via @WorthWray

4

5) working-age population as a % of total population for the G5:

*Japan needs more babies & immigrants h/t @WorthWray

5

6) the (not so) “great rotation” happened in 2013… bond and equity mutual fund flows from 2007 to August 27, 2014:

6

7) long term charts: nominal 10yr yields by country: *financial repression at work almost everywhere h/t @macrotool

7

8) the rise of online retail sales: via @planmaestro

8

9) the rise of #globalization… foreign profits’ share of US corporate income: source: FT via @PlanMaestro

9

10) power generated from nuclear and fossil fuels and from renewable fuels:

source: NYT

via @NickatFP

10

#energy