Good morning. The year of the Snake. If the past is anything to go by???.
(source: http://www.businessinsider.com/year-of-the-snake-stocks-2013-2)
??
Outflow in US High yield?!?
?????????????????? http://www.businessinsider.com/record-high-yield-etf-outflows-this-week-2013-2
??
???.while defaults are still at unbelievable lows.
?????????????????? http://www.ritholtz.com/blog/2013/02/2013-investment-themes/
??
A nice chart on how wealth of US households developed over time
?????????????????? http://www.businessinsider.com/yardeni-on-bernankes-bull-market-2013-2
??
A chart on Apple: we haven???t had one for a long time. Apple has underperformed the S&P on a 1 year???s basis, which is pretty rare???
?????????????????? http://www.bespokeinvest.com/thinkbig/2013/2/8/a-bull-market-first-apple-underperforms.html
??
In Dutch, but interesting nevertheless: the costs of trackers in the US (blue) versus EUR (red). Via Jorg Sunderman
?????????????????? http://www.veb.net/content/HoofdMenu/Beleggingsfondsen/Artikelen/Zelfdebeleggingvijkeergoedkoper.aspx
??
Old news, but still: impressive to see how Germany has outperformed versus the rest of Europe???
?????????????????? htt
p://www.zerohedge.com/news/2013-02-10/europe-last-great-potemkin-village-where-rich-get-richer-and-poor-get-poorer
??
A look back at the Nikkei and Abe
?????????????????? http://online.wsj.com/article/SB10001424127887324906004578287723894629126.html
??
Growing concern that the Italian elections may turn sour after all???
?????????????????? http://www.businessinsider.com/update-italian-election-chart-2013-2
??
???which would be ???a disaster??? according to the Financial Times
?????????????????? http://www.ft.com/intl/cms/s/0/c40c19bc-71ef-11e2-886e-00144feab49a.html
??
Cool picture. Although I personally think that the ECB is currently in last position???
?????????????????? http://www.zerohedge.com/contributed/2013-02-09/fiat-festum-fatuorum
??
The schedule for the week to come: what to think of the first Presidential debate in Kenya?
?????????????????? http://www.calculatedriskblog.com/2013/02/schedule-for-week-of-feb-10th.html
?????????????????? http://blogs.ft.com/beyond-brics/2013/02/10/the-week-ahead-11-15-february/
??
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!









