Good morning. Couleur locale: Dutch housing bust in full swing. (via @leonmwc)
(source: Datastream)
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Greek unemployment hits a new record high: 1 in 4 unemployed. Some additional info
?????????????????? http://ftalphaville.ft.com/2012/10/11/1204851/a-neeter-way-to-look-at-unemployment/
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Yesterday I showed a chart showing how analyst are always too optimistic, today I show a chart to support analyst: How can you ever predict stock markets?
?????????????????? http://www.zerohedge.com/news/2012-10-11/forecasting-folly-equity-valuations-and-earnings-growth
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Am I mistaken, or are the cumulative light blue bars bigger than the dark blue bars? So, what happened to the money? Stats on the Dutch banking industry
?????????????????? http://www.dnb.nl/nieuws/nieuwsoverzicht-en-archief/dnbulletin-2012/dnb279506.jsp
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Now we???re getting somewhere! ???Merkel hints at tax cuts for growth boost???
?????????????????? http://www.ft.com/intl/cms/s/0/e8bf0b7c-13ab-11e2-9cc7-00144feabdc0.html
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Ah Holland: we don???t even have super rich over here! That???s propably because there are not that many Dutchmen around???
?????????????????? http://www.businessinsider.com/credit-suisse-wealth-report-ultra-rich-2012-10
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According to the CDS markets Italy, France and Belgium are up for a downgrade. Or, on a more positive note, Vietnam is up for an upgrade???
?????????????????? http://www.zerohedge.com/news/2012-10-11/sp-will-downgrade-france-and-italy-next-cds-implies
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The fact that exports are heading lower from the record year 2010 is not surprising, the fact that they turn negative is???
?????????????????? http://www.zerohedge.com/news/2012-10-11/guest-post-trade-deficit-recession-risks-increase
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The half-life of facts: interesting read.
?????????????????? http://reason.com/archives/2012/10/02/half-of-the-facts-you-know-are-probably
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Nice cartoon to end the week. From the Economist
?????????????????? http://www.economist.com/node/21564591 ??????????????
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Am I mistaken, or are the cumulative light blue bars bigger than the dark blue bars? So, what happened to the money? Stats on the Dutch banking industryDiversification to countries not shown?Ah Holland: we don???t even have super rich over here! That???s propably because there are not that many Dutchmen around???1% according to the report, which btw is a beauty:https://infocus.credit-suisse.com/data/_product_documents/_shop/368327/2012_global_wealth_report.pdf
The diversification is shown, but I guess the differnce is the decline in foreign exposure overall. As for the link to the Credit Suisse report: cheers!!