(source: http://www.businessinsider.com/chart-global-market-cyclical-adjust-pes-2012-12)

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This is a must see for everyone: the difference in economic prospects since 2008 (and the limited link with stock market returns)???

?????????????????? http://www.nytimes.com/interactive/2012/12/28/business/Five-Years-Later-Some-Countries-Still-Lag.html

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And another one that should be looked at regularly: inflation corrected returns on the S&P. Stocks can indeed be for the long run???

?????????????????? http://www.businessinsider.com/secular-bull-and-bear-markets-2013-1

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How much older can the average car in the US become????

?????????????????? http://www.businessinsider.com/americas-durable-goods-are-old-2012-12

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Search for yield in 2012? Not for the highest dividend paying stocks though???

?????????????????? http://www.bespokeinvest.com/thinkbig/2012/12/31/dividend-stocks-struggle-in-2012.html

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???but it does apply for bonds: ???US junk-rated debt yields dip below 6%???

?????????????????? http://www.ft.com/intl/cms/s/0/78a93a88-567c-11e2-aaaa-00144feab49a.html

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A good start of the new year: the article 4 consultation by the IMF on France???.

?????????????????? http://www.imf.org/external/pubs/ft/scr/2012/cr12342.pdf

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And I guess you could not have missed it, but here is an update on the #MinttheCoin: Treasury can mint a coin and thus circumvent the debt ceiling???

?????????????????? http://www.interfluidity.com/v2/3630.html

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???or at least in theory???

?????????????????? http://www.zerohedge.com/news/2013-01-04/putting-trillion-dollars-platinum-perspective

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Interesting chart showing that you will have to wait more than 100 days for a payment from the Greek authorities..

?????????????????? http://www.zerohedge.com/news/2013-01-02/chart-day-europes-resolution-unpaid-bills-ignore-them

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Nice chart showing the ???normal??? employment/wealth pattern for manufacturing

?????????????????? http://www.businessinsider.com/manufacturings-role-in-job-creation-2012-12

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Ah yes, and that great all-Chinese-will-be-drinking-coffee-soon-trade never made it after all???

?????????????????? http://www.businessinsider.com/chart-2012-commodity-returns-2013-1

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Ok, the final 2012 charts (I hope). I like these because they give a nice overview of what has happened during the year. This is for dollar/yen???

?????????????????? http://www.businessinsider.com/chart-japanese-yen-2012-timeline-2012-12

???and this one is for the US dollar

?????????????????? http://www.businessinsider.com/chart-us-dollar-2012-timeline-2012-12

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90 years of volatility and crisis???s

?????????????????? http://www.businessinsider.com/jim-oneill-risk-onrisk-off-trade-2013-1

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Close call last year (Dow won by a small margin), but who knows, maybe gold will make it nine out of ten this year!

?????????????????? http://www.zerohedge.com/news/2012-12-31/will-gold-make-it-9-out-9

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And it looks like it is going to be a very slow macro-week, this week

?????????????????? http://www.calculatedriskblog.com/2013/01/schedule-for-week-of-jan-6th.html

?????????????????? http://blogs.ft.com/beyond-brics/2013/01/06/the-week-ahead-january-7-11/

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