Good morning. All eyes are fixed on central banks today, with the ECB and BoJ meeting…
http://www.zerohedge.com/news/2013-04-03/central-bank-decision-time

Numerous charts on the state of the European economy here, but look at the second one…

http://www.zerohedge.com/news/2013-04-03/graphical-walk-through-un-fixed-europe

A bit of history on the calculation of BBP-figures, even though the title doesn’t make good on its promise
http://www.bloomberg.com/news/2013-03-28/earliest-calculations-of-gdp-had-some-unexpected-results.html

Martin Wolf on the prospects of the Chinese economy: “Why China’s economy might topple”

http://www.ft.com/intl/cms/s/0/e854f8a8-9aed-11e2-97ad-00144feabdc0.html

Ok, so when bitcoin reaches the Financial Times, Krugman and even SocGen, it’s a hype alright! (and no, this is not the price of bitcoin, but Google search on the term bitcoin. 🙂 via alphaville)

http://www.ft.com/intl/cms/s/0/b4be7d8e-9c73-11e2-9a4b-00144feabdc0.html
http://krugman.blogs.nytimes.com/2011/09/07/golden-cyberfetters/
http://ftalphaville.ft.com/2013/04/03/1425292/the-problem-with-bitcoin/
https://medium.com/money-banking/2b5ef79482cb
http://ftalphaville.ft.com/2013/04/03/1446692/when-memory-becomes-money-the-story-of-bitcoin-so-far/

Interesting model looking at dollar/yen. Whether it will hold the test of time, remains to be seen

http://ftalphaville.ft.com/2013/04/03/1445862/expectations-reconsidered-at-the-boj/

Interesting review on the growing inflation swap market

http://libertystreeteconomics.newyorkfed.org/2013/04/how-liquid-is-the-inflation-swap-market.html

This chart seems to be at odds with the more positive news coming from Ireland, lately

http://www.ritholtz.com/blog/2013/04/the-most-insane-chart-ever-irish-mortgage-arrears/

Another chart showing long term returns of various assets. I think I am going to sell all my inflation…

http://www.crossingwallstreet.com/archives/2013/04/looking-at-long-term-returns.html

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