Disclaimer

Disclaimer. After nearly 40 years managing money for some of the largest life offices and investment managers in the world, I think I have something to offer. But I can't by law give you advice, and I do make mistakes. Remember: the unexpected sometimes happens. Oddly enough, the expected does too, but all too often it takes longer than you thought it would, or on the other hand happens more quickly than you expected. The Goddess of Markets punishes (eventually) greed, folly, laziness and arrogance. No matter how many years you've served Her. Take care. Be humble. And don't blame me.

BTW, clicking on most charts will produce the original-sized, i.e., bigger version.

Saturday, September 14, 2013

Global warming & sea level rise

A fascinating article in National Geographic about how the sea level is rising and what will happen as it rises.


This chart is particularly interesting:



[Source: http://ngm.nationalgeographic.com/2013/09/rising-seas/sea-level-chart ; click on chart to get full size]
Notice how the red line is steepening/accelerating.  It's not going to be the intermediate low, that's for sure.  The intermediate high? The high?  If we do nothing, are we are doing nothing, then ....

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