Crash Expert: “This Looks Like 1929” → 71,105 Diversifying Here
Mark Spitznagel, who made $1B in a single day during the 2015 flash crash, warned markets are mimicking 1929. Seems extreme but we did just see the worst quarter for the S&P since 2022.
So it’s not so surprising that Vanguard and Goldman Sachs forecasted 5% and 3% annual S&P returns respectively for 2024-2034.
Late last year, Apollo’s chief economist Torsten Slok put it this way: "expect zero in return in the S&P 500 over the coming decade."
Almost no one knows this, but postwar and contemporary art appreciated 10.2% annually with near-zero correlation to equities from 1995–2025 overall.*
And sure… billionaires like Bezos can make headlines at auction, but what about the rest of us?
Masterworks makes it possible to invest in legendary artworks by Banksy, Basquiat, Picasso, and more – without spending millions.
29 exits. Net annualized returns like 16.5%, 17.6%, and 17.8% on works held over 1 year+. $1.3 billion invested. 500+ offerings.*
Shares in new offerings can sell quickly but…
*According to Masterworks data. Past performance is not indicative of future returns. Investing involves risk. Important Reg A disclosures: masterworks.com/cd.

Good Morning,
Nigeria’s growing housing deficit, estimated at more than 28 million units, is increasingly being viewed not only as a social and economic challenge but also as one of the country’s largest untapped investment opportunities. With rapid urbanisation, population growth, rising construction demand, and widening affordability gaps, industry stakeholders believe the housing sector could unlock multi-trillion naira investments across real estate development, mortgage financing, building materials, and urban infrastructure if structural constraints are addressed.
Nigeria’s 28 Million Housing Deficit Emerges as Multi-Trillion Naira Investment Opportunity
Nigeria’s widening housing deficit is increasingly being positioned as one of the country’s most significant long-term investment opportunities, according to two newly released housing market reports unveiled in Lagos. The reports estimate that Nigeria faces a housing shortfall exceeding 28 million units, while Lagos alone accounts for approximately 3.4 million units in unmet demand, creating a multi-trillion-naira market opportunity for developers, financiers and institutional investors.
FG Suspends Planned Closure of Eko Bridge After Safety Review
The Federal Government has suspended the planned closure of Eko Bridge in Lagos State following a fresh technical assessment that found the structure safe for continued use, easing concerns over potential traffic disruptions across the commercial hub. Minister of Works, Senator Dave Umahi, disclosed the decision during an inspection of the bridge, stating that the Federal Government reconsidered the earlier closure plan after President Bola Tinubu directed a second evaluation to minimise hardship for commuters and businesses relying on the route.
Court Orders Couple to Obtain Legal Divorce Before Property Claims
An Upper Area Court in Ilorin has directed a couple to formally dissolve their marriage through legal channels before pursuing claims over shared property, reinforcing the legal distinction between customary separation and court-recognised divorce in Nigeria. The ruling was delivered on Wednesday by presiding judges Sunday Adeniyi and Hammad Ajumonbi in a dispute involving Mr Mmala Uzochukwu and his wife, Mary. The court held that the couple remained legally married despite claims that their traditional marriage had already been dissolved by their community leadership.
Nigeria’s Aviation Reforms Yet to Fully Restore Investor Confidence - Shiekuma Gemade
Nigeria’s aviation sector has recorded notable regulatory improvements over the past three years, including its removal from the Aviation Working Group (AWG) watchlist and stronger compliance with the Cape Town Convention (CTC). However, investor confidence in the industry remains subdued, according to aviation finance executive Shiekuma Gemade.
Dangote Advances Plans for 10,000-Hectare Deep Seaport in Ogun State
The Dangote Group has commenced early-stage engagements and planning activities for a proposed deep seaport project within the Olokola Free Trade Zone (OKFTZ) in Ogun State, marking a significant step in the conglomerate’s broader infrastructure and export expansion strategy. The proposed development, which spans more than 10,000 hectares along Nigeria’s Atlantic coastline, is expected to strengthen maritime trade capacity, improve export logistics, and position Ogun State as a strategic industrial and shipping hub in West Africa. According to reports from industry stakeholders and regional publications, the project forms part of Dangote Group’s Vision 2030 growth agenda.
Quote of the day:
“Progress begins the moment systems replace shortcuts, and accountability becomes the standard.”
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