Good morning. Is this the Top? A question I ask regularly…

http://awealthofcommonsense.com/is-this-the-top/

‘new’ problems on the horizon: Ukrainian bonds…

http://uk.businessinsider.com/putin-is-putting-himself-on-a-collision-course-with-the-imf-over-ukraine-2015-5

The wee bit Keynes left out…

http://dilbert.com/strip/2015-05-20

Something I hope to be reading in the train on the commute in, this morning…

https://www.gmo.com/docs/default-source/research-and-commentary/strategies/asset-allocation/the-idolatry-of-interest-rates-part-1-chasing-will-‘o-the-wisp.pdf

Which should probably also apply to this one… “Why are interest rates so low?”

http://libertystreeteconomics.newyorkfed.org/2015/05/why-are-interest-rates-so-low.html#.VV1cb2SqpBc

By dope demand: a ‘goed verhaal’ on Varoufakis (via @leonmwc and @RF_HFC)

http://www.nytimes.com/2015/05/24/magazine/a-finance-minister-fit-for-a-greek-tragedy.html

So, US is out of favour right now?

http://blogs.wsj.com/moneybeat/2015/05/19/investors-are-cooling-on-u-s-equities-baml-survey/

Another interesting study from the IMF, over how too much financial development may be counterproductive

http://www.imf.org/external/pubs/ft/sdn/2015/sdn1508.pdf

Pretty shocking if this one is correct

http://www.nytimes.com/2015/05/20/business/economy/american-innovation-rests-on-weak-foundation.html

Some nice images of cities in clouds. For no real reason, actually…

http://www.bostonglobe.com/news/bigpicture/2015/05/20/cities-clouds/y1RRtT9pEAMZNWrKI1FxEK/story.html

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