Good morning. Keep It Simple, Stupid. Peak oil explained, pretty simple…

(source: http://www.zerohedge.com/news/2013-01-16/guest-post-really-really-big-picture)

 

Raising retirement age to 70, I can understand, but calling it ‘modernizing’ is somewhat strange I would say

•          http://www.reuters.com/article/2013/01/16/us-usa-fiscal-entitlements-idUSBRE9…

 

Pretty cool table showing the winning streaks of sectors always come to an end. Only when…?

•          http://www.businessinsider.com/goldmanannual-sector-returns-vs-sp-500-2013-1

 

…which makes you wonder how much longer the Consumer Discretionary’s can keep going, with a trailing PE of 18.3

 

 

•          http://www.bespokeinvest.com/thinkbig/2013/1/16/sp-500-and-sector-pe-ratio-ch…

 

Posen gives his opinion on Japan. Monetary policy should be sufficient to make change, running a bigger fiscal deficit is not needed

•          http://www.ft.com/intl/cms/s/0/15aa8934-5e72-11e2-a771-00144feab49a.html

 

Another not so positive interpretation of the world economy: contraction is the next phase according to Fidelity…

•          http://www.businessinsider.com/where-the-us-is-on-the-recession-cycle-2013-1

 

For all you Emerging Markets Debt lovers out there: an IMF study on bond markets in Africa

•          http://www.imf.org/external/pubs/cat/longres.aspx

 

The US and and infrastructure….

•          http://www.businessinsider.com/us-infrastructure-behind-developed-world-2013-1

 

Something is wrong alright, but it might just as well be the little red arrow pointing down…

•          http://www.zerohedge.com/news/2013-01-16/most-ridiculous-forecast-you-will-se…

 

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