Good Morning! Nice chart showing the development of break-even production costs and production levels for oil

 

(source: http://www.zerohedge.com/news/2012-09-24/visualizing-peak-oil-hype-hope-boom-…)

 

Ifo Geschäfstklima is heading lower, although still above neutral

·         http://www.businessinsider.com/september-german-ifo-business-climate-2012-9

 

Dutch pension deal (all in Dutch, as the FT seems to have missed it….)

 

·        http://www.ipe.com/nederland/ufr-is-een-feit_47550.php#.UGE5z7smYwI

 ·        http://www.ipe.com/nederland/ufr-criticus-kocken-tevreden-met-maatregelen_475….UGE49LsmYwI

 

 

Remarkable that Obama continues to take the lead, despite the weak aconomy…

·         http://www.washingtonpost.com/blogs/ezra-klein/wp/2012/09/24/romneys-nightmare-scenario/

 

“OECD urges Italy not to backtrack on reform” Somehow, I am not surprised

·         http://www.ft.com/intl/cms/s/0/ae9e1e4a-064c-11e2-bd29-00144feabdc0.html

 

A small positive: expectations for Q3 earnings have been gradually lowered over time…

·         http://www.bespokeinvest.com/thinkbig/2012/9/24/third-quarter-earnings-growth-expectations.html

 

Assuming that this data is reliable, it is an interesting chart

·         http://www.zerohedge.com/news/2012-09-24/chart-day-global-household-assets

 

And this one I have shown before for sure, but it is doing the rounds again: hoe horrible the US labor market has been compared to pre
vious crisis

·         http://www.businessinsider.com/us-bailout-success-2012-9

 

Not really ‘news’, but maybe for some of you an eye-opener: world market cap versus world growth

·         http://www.ritholtz.com/blog/2012/09/global-equity-markets-returns-and-composition/

 

Nice table from Deutsche Bank showing at what variables gold has reached an extreme level

·         http://www.businessinsider.com/deutsche-bank-when-gold-prices-get-too-high-2012-9

 

Cool FT chart showing the FX accumulation in Emerging Markets over the past two years

·         http://blogs.ft.com/beyond-brics/2012/09/24/chart-of-the-week-em-fx-reserves/

 

Spain’s current account deficit is moving in the right direction, but probably not because of booming exports…

·         http://ftalphaville.ft.com/blog/2012/09/24/1174641/turning-german-or-trying-to/

 

A complete overview of all previous editions of Best of the Web can be found here http://tinyurl.com/yb9e5dg. 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 checked beforehand!