Good morning. Cool overview of the three functions of money

https://principlesandinterest.wordpress.com/2018/05/03/moneyness-of-betting-tips/amp/

What China owns in Europe

http://ritholtz.com/2018/04/china-buying-way-europe/

Mmmmmm….

https://www.bondvigilantes.com/blog/2018/05/03/are-the-european-commission-and-the-imf-right-about-italy/

The OECD on Greece

http://www.oecd.org/economy/economic-survey-greece.htm

The Wall Street Journal tries to explain the lack of inflation in the Eurozone

https://www.wsj.com/articles/the-riddle-of-the-eurozones-missing-inflation-1525635726

The plight of the US retailer continues

https://www.bloomberg.com/news/articles/2018-04-17/as-toys-r-us-fails-the-retail-real-estate-glut-is-getting-worse

May is breaking records

https://www.economist.com/blogs/graphicdetail/2018/04/daily-chart-19

And whilst on the subject of the UK: look at the dismal productivity record

https://mainlymacro.blogspot.nl/2018/05/why-was-economics-so-insular.html

Credit is too easy resulting in lower credit quality debt

https://www.businessinsider.nl/wall-street-ignoring-market-risks-like-leveraged-loan-growth-2018-5/

On the rise of the Chinese super power

https://www.ft.com/content/c4df31cc-4d26-11e8-97e4-13afc22d86d4

Some investment advice from Citi

http://www.businessinsider.com/stock-market-rankings-according-to-citi-2018-5

And the schedule for the slow week ahead

http://www.calculatedriskblog.com/2018/05/schedule-for-week-of-may-6-2018.html

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