Good morning. Ah well, why not: Target 2 imbalances are on the rise. Again

(source: http://www.zerohedge.com/news/europes-most-parabolic-chart-resumes-climb-germ…)

 

For those of you who didn’t know yet: valuation of stocks is not a science

·         http://www.businessinsider.com/damodaran-misconceptions-valuing-stocks-2012-9

 

“Post-Election Dutch May Be Awkward EU Partners” Replace ‘Dutch’ by any other EU nation and you can send your headline maker home for the next 5 years or so…

·         http://www.cnbc.com//id/48971403

 

On a more serious note: the Dutch elections are getting some more attention: previewing the Dutch elections

·         http://www.zerohedge.com/news/previewing-dutch-elections

 

The new iphone could boost US GDP by 0.5% according to JPMorgan. Nonsense, according to Daalder

·         http://www.reuters.com/article/2012/09/10/us-usa-apple-gdp-idUSBRE8891E720120910

 

Nice one: overview of how much of the bailouts have been paid back in the US

      

·         http://www.npr.org/blogs/money/2012/09/10/160886823/where-the-bailouts-stand-in-1-graphic

 

What to make of this… Discovering America did not add all that much during the first 300 years, if this is correct

·         http://www.zerohedge.com/news/2050-years-global-gdp-history

 

Interesting way of charting the negative Monday effect.

·         http://www.bespokeinvest.com/thinkbig/2012/9/10/the-case-of-the-mondays-strikes-again.html  

 

Another, slightly more bullish chart: Portugal CDS spreads are coming in!

·         http://ftalphaville.ft.com/blog/2012/09/10/1152571/portugal-having-a-better-time-of-it/

 

Weird chart alert… Why is the scale backwards? And whatever happened to the seasonal adjustment?

·         http://www.businessinsider.com/chart-of-the-day-yoy-change-in-revolving-consumer-credit-2012-9

·         http://www.zerohedge.com/news/consumer-credit-posts-first-drop-august-2011-following-nonsensical-data-revision              (some more info here)

 

Economics for starters: the invisible hand

 

And to finish it off a giant infographic on the dollar’s demise

·         http://www.zerohedge.com/news/historic-demise-ever-shrinking-dollar-infographic

 

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