The Sadness of this Place Gallup’s annual Global State of Emotions report is out. Seems the world is becoming a more miserable place. This is unsurprising, considering we’re in the tail end of the 70-year Globe Buster (the second iteration of the 35-year Geopolitical Cycle), which Harry spoke about last week. He talked more about in on Monday, when considering the horrific New Zealand and Sri Lanka attacks. Remember, his research shows that every second cycle is way more impactful, like a wave building on top of another wave. But, as Harry pointed out on March 18, the unhappier we are, the more productive we are. Misery is a fine motivator. From the looks of the data, home owners and real estate investors face misery in the near future. As Harry wrote on Wednesday, mortgage trouble is brewing in cities that do not have property bubbles. This is deeply concerning. Yesterday, he shared with you details of those cities that DO have real estate bubbles. Prices are simply unaffordable. Rodney joined the conversation on Thursday, pointing to the demographic forces that could raise the property market to the ground. Keep reading. We’ll stay on top of this trouble trend. Trending Stories... The Best Way to Make Gains on Your House My house is in a bit of disarray. We're spring cleaning, but it's more than that. We've decided to move, so going through clutter takes on new meaning. We don't need to move, but as I wrote a few weeks ago, we're looking to the future and trying to determine how best to position ourselves.... San Francisco Real Estate is the Least of Our Worries There's been a lot in the news lately about a slowing U.S. property market, with San Francisco a particular worry. According to Reuters, home sales fell more than expected last month. The National Association of Realtors said that existing home sales dropped 4.9%. I'm, in fact, in Australia for the next two weeks – my... #IPOs In Peak Digital Advertising Digital advertising is supposed to be the fuel of the future, funding new companies (#IPOs) that provide us with services we never knew we wanted – Facebook, Pinterest, Twitter, etc. – while tearing away at our privacy. But there's a problem. Digital advertising is annoying users, and starting to creep us out. I don't want... The Link Between the New Zealand and Sri Lanka Tragedies Last Wednesday, I wrote to you about the 70-year Globe Buster – the second iteration of the 35-year Geopolitical Cycle that brings with it chaos and global agony during its negative turn. And man! This cycle has truly been brutal. 9/11. Civil wars. The Arab Spring. Mass shootings. White supremacist terror attacks. In fact, more... Look East for the Next Great Opportunity I'm travelling to Australia on Sunday for my third six-city tour in 14 months. I've been looking at the countries near them that they export to… and it just keeps reminding me that the biggest opportunity that will come out of the big crash ahead – when the Dark Window slams shut – is going... Economy & Markets  |  Dent Research You are receiving this e-mail as a part of your free subscription to Economy & Markets E-Letter. Remove your email from this list: Unsubscribe. To cancel by mail or for any other subscription issues, write us at: Charles Street Research Attn: Member Services, 819 North Charles Street, Baltimore MD, 21201 | Phone: 888-211-2215 | Fax: 410-223-2682 LEGAL NOTICE: Protected by copyright laws of the United States and international treaties. This e-letter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the worldwide web), in whole or in part, is strictly prohibited without the express written permission of Charles Street Research. This work is based on SEC filings, current events, interviews, corporate press releases and what we've learned as financial journalists. It may contain errors and you shouldn't make any investment decision based solely on what you read here. It's your money and your responsibility. The information herein is not intended to be personal legal or investment recommendations and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation.