It’s a new all time high for the Dow Jones! (if we exclude dividends, that is)

http://www.bespokeinvest.com/thinkbig/2013/3/5/new-all-time-high-for-the-djia.html

…but not if you look at it nominated in gold…

http://www.zerohedge.com/news/2013-03-05/dow-jones-opens-all-time-highs

…but talking about gold: it seems to have lost its shine in 2013…

http://www.businessinsider.com/strategies-working-in-2013-2013-3

… while the best performing ‘asset class’ is not consumer staples: it’s… bitcoin!

http://www.businessinsider.com/this-chart-of-bitcoins-is-bananas-and-it-looks-a-lot-like-the-price-of-gold-2013-3

The other big news overnight: Hugo Chavez has died…

http://blogs.ft.com/beyond-brics/2013/03/06/chavezs-dead-what-does-big-oil-think/#axzz2MjTiFI5Q

http://blogs.ft.com/the-world/2013/03/venezuela-what-next/

http://www.cnbc.com/id/100373867

Very cool chart showing the impact of net stock buying in recent years: look at the new issuance!

http://ftalphaville.ft.com/2013/03/05/1408672/buybacks-ma-and-de-equitisation/

Interesting way to look at it. The grey area’s are the official NBER recessions, the line GDP

http://www.businessinsider.com/ecris-achuthan-reiterates-recession-call-2013-3

If it weren’t such a serious subject, you would call it funny. Economics meets poachers…

http://worthwhile.typepad.com/worthwhile_canadian_initi/2013/03/can-evolution-save-the-elephant.html

Very interesting website showing the ‘real-time’ development of US macro variables over the past 15 years or so: see the crisis evolve (via +Bill Igoe, G+)

http://www.theoreticals.com:8080/BacheWebber/DynamicEconomy

Some economic/political history hasn’t hurt anyone: How the first debt ceiling crisis was resolved…

http://libertystreeteconomics.newyorkfed.org/2013/03/how-the-nation-resolved-its-first-debt-ceiling-crisis-.html

Interesting chart showing that the fear of limited revenue growth is misplaced (even adjusting for financials)

http://www.businessinsider.com/sp-500-revenue-2013-3

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