DID YOU KNOW? An international airport can change a city forever. Dubai's Airport is about to receive its one billionth passenger before the end of 2018. Since opening in 1960, passenger numbers through Dubai International have grown at an annual average growth rate of more than 13% — outpacing rival hubs such as London's Heathrow Airport.
DID YOU KNOW? Will 2018 be a loss year on Wall Street? The year is far from over. 46 days to go.... 65% of S&P 500 stocks are in a correction or worse and Vanguard's Long-Term Corporate Bond Index ETF is down a whopping 11.50% year-to-date. (CNBC)
DID YOU KNOW? The oil price is down almost 14% in one month, one of the sharpest declines ever, and an indicator of over-supply and waning demand. Is this a sign of softer global economic growth? Supply has increased with PEC pumping 400,000 gallons more per day and the USA production up 400,000 barrels per day. Maybe oil is not too dissimilar to real estate: pricing is all about supply and demand. (WSJ)