Good morning. Now, this is what I call a cool chart: just answer a couple questions and the HSBC people will tell you wat the yen will do versus the dollar. There is only one problem…
source: http://www.zerohedge.com/news/2013-03-03/dummies-guide-trading-usdjpy

….Koruda just answered the first question with a clear yes and this is what happened…

source: http://www.zerohedge.com/news/2013-03-03/what-happens-if-whatever-it-takes-not-enough

Reuters: http://www.reuters.com/article/2013/03/04/us-japan-economy-boj-kuroda-idUSBRE92300T20130304

Bloomberg: http://www.bloomberg.com/news/2013-02-28/no-honeymoon-for-japan-s-new-central-banker.html

So, is he a real comedian, or is he a serious problem? Italy’s Grillo wants to take a vote on the euro…
CNBC: http://www.cnbc.com/id/100515285
Telegraph: http://www.telegraph.co.uk/news/worldnews/europe/italy/9904270/Beppe-Grillo-says-Italy-may-soon-have-to-pull-out-of-euro.html

….but please do not call him a clown: the clowns object to that!
Spiegel:http://www.spiegel.de/international/germany/a-886174.html

And in case you missed Bernanke’s speech last Friday: here’s what the Wall Street Journal made of it
source: http://blogs.wsj.com/economics/2013/03/01/bernanke-in-translation/

Interesting chart on food price inflation. The most interesting part are the yellow bits….

source: http://ftalphaville.ft.com/2013/03/01/1406422/mapping-future-food-inflation/

And another chart on Africa, from last week’s Economist

source: http://www.economist.com/blogs/graphicdetail/2013/03/daily-chart

Bank Loans: the new, hot ‘asset class’ in this search for yield environment…?

source: http://www.zerohedge.com/news/2013-03-01/great-rotation-does-360-us-equity-funds-post-biggest-weekly-outflow-2013

If you want save more, here’s an easy solution: make everyone horribly rich..

source: http://www.businessinsider.com/chart-savings-rate-by-income-level-2013-3

A number of very bullish charts on fixed income, yielding 8.6% in the last 33 years (but don’t expect the same for the next 33….)

source: http://www.zerohedge.com/news/2013-03-03/name-market-86-average-annual-return-over-33-years-worst-drawdown-4

Nice charts on the High Yield market, showing that there is still some upside left…

source: http://www.businessinsider.com/is-there-a-high-yield-credit-bubble-2013-3

…although this chart shows that something ‘unprecedented’ is happening… This time is different?

source: http://www.businessinsider.com/wall-streets-most-worrying-charts-2013-3

Apparently, this chart shows that Q2 is not a good quarter for gold… Well, the last ten years…

source: http://www.businessinsider.com/seasonality-q2-usually-worst-for-gold-2013-3

And – as always the schedules for the week ahead
http://blogs.ft.com/beyond-brics/2013/03/03/the-week-ahead-mar-4-8/
http://www.calculatedriskblog.com/2013/03/schedule-for-week-of-march-3rd.html

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