Best of the Web: 13-06-26, nr 797

Good morning. This is a pretty good summary of what happened -say- the last fifteen years
http://www.economist.com/blogs/graphicdetail/2013/06/focus-7

 

This one is interesting: the sell-off in bonds has coincided with a rise in the price of default protection…
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. ZzV19oZEkrEwMOjCrwv7-0sx_WhpeFH57gsMqmjrFN21cnAvlnFXMUJx3RyF8NLJ7ExHvonHjelQVdotkcsNVEgq8LgV8NpbBcodviUFU6on5F9hHcC-4W9w6g
.2aNyYPQBqs3Ef9RAwkBvkliN-zlEZpg-htXTFsZuhZnJqT_dKYtP8FT601h1CkdvOe2ZZmKOuxqS-x_HeOT2Yn9pPtgKVtL0WHACioYj36ZuKHfl9oFqvPm_oQ

http://www.bespokeinvest.com/thinkbig/2013/6/25/sovereign-default-risk-for-problem-areas.html

 

And some more on that sell-off in bonds: “Bond yields threaten recovery in global banks’ balance sheets. Says the FT

http://www.ft.com/intl/cms/s/0/872651cc-dd9f-11e2-892b-00144feab7de.html

 

Talking about that sell-off: this is what all asset classes have done this year and since May 22nd
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http://www.businessinsider.com/market-performance-since-bernanke-may-22-2013-6

Putting things into perspective: “Gold Was a Horrible Investment from 1500 to 1965” 🙂

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http://www.theatlantic.com/business/archive/2013/06/gold-was-a-horrible-investment-from-1500-to-1965/277186/

 

And talking about gold: it is all about US break-even inflation rates!! So tell me what break-even rates will do and I will be rich (I hope)
NYciMu3bkUgxBdmcG3-MG1U_eBTWWzG2mTHSZ57ed7d8pII_4O_gISIBHLVITC1Xijl_sjOP3Y7wdCDSBT5Qg9vRaHrDU56C-Fb7VwF_rAcpLDbopXETpZvNmw
http://www.businessinsider.com/tips-yields-lead-gold-prices-2013-6

 

Putting more things into perspective… And more things like this if you follow the link below (via @ChristopherHo88)o4xynJEY9hWIopohVOiSo6F9NS0Kijzy9lCe_CtsnEfHEPpbYgBdXFAuU9thkholb-9vNM8Tf2FQSqhxtlSamUMamSO1xsomTOo6aLeA0GKMO7-KmiOUtZylDQ
https://d21uq3hx4esec9.cloudfront.net/images/uploads/ttmygh/6654/Hmmm_Jun_24_2013.pdf

 

Another example of what the rising bond yields mean…
SbLse8vi0o2wzFkWh5QcIDdrFe7DN7NsTthybWIX4WIwwS3fMYsbxaimgMnZraw773NkYDnZsGZu7yiaWvYQXho7NL6EZ_RcXkHGj-jS8XmQUp97Xa4GZYnfjQ
http://www.bespokeinvest.com/thinkbig/2013/6/25/sp-500-stock-dividend-yields-vs-10-year-treasury.html

 

Ah yes, we are pretty close to the last trading day of the quarter…
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http://www.businessinsider.com/last-5-seconds-of-trading-every-month-2013-6

 

A complete overview of all previous editions of Best of the Web can be found here http://tinyurl.com/c8ge4c5. All links provided are collected from public websites, unless otherwise specified. I have not checked the data or information for accuracy used, and therefore do not guarantee that all data provided will be 100% correct. The links provided do not necessarily reflect my personal opinion and should be seen as general interest: oftentimes I do not agree with arguments presented, but nevertheless think it is worthwhile to read them. It is up to the reader to make up their own mind. Suggestions or discussions are more than welcome. Do not quote unless specifically cleared beforehand!

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