(source: http://www.businessinsider.com/vitaliy-katsenelson-sideways-market-2013-1)

??

Already pointed out by alphaville yesterday, but this is the chart showing that a large inflow in equity funds does not necessarily have to be bullish

?????????????????? http://www.zerohedge.com/news/2013-01-14/putting-near-record-equity-inflow-context

??

???Junk-bond prices point to return of bulls??? The FT is turning the story around: not the search for yield but optimism is the cause for the rally in High Yield???

?????????????????? http://www.ft.com/intl/cms/s/0/ec0ffbbe-5c36-11e2-bef7-00144feab49a.html

??

???this piece takes a somewhat different angle: ???The High Yield Market is "Completely Out of Control."

?????????????????? http://www.distressed-debt-investing.com/2013/01/the-high-yield-market-is-completely-out.html

??

The change in picking order in manufacturing countries over the past three decades (via @lexhoogduin)

?????????????????? http://blogs.ft.com/beyond-brics/2013/01/14/chart-of-the-week-how-important-is-manufacturing-to-emerging-markets/

??

Vanguard is as big as the Italian economy and in this article they take a shot at explaining why

?????????????????? http://www.marketwatch.com/story/how-vanguard-amassed-2-trillion-2013-01-14

??

Ok. So, you take the average of three periods in the past, and put that line over the current performance. What does that tell you? Nothing.

?????????????????? http://www.businessinsider.com/bofa-2013-could-bring-the-last-great-stock-buying-opportunity-for-years-to-come-2013-1

??

I???ll give you one more of these visualizations: this one is about gold

?????????????????? http://www.zerohedge.com/news/2013-01-14/all-gold-world-definitive-infographic ??

??

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 Do not quote unless specifically cleared beforehand!

??