The next big problem in the making…. pension shortfall.

http://www.businessinsider.com/art-cashin-gold-structured-products-2013-4

Inflation is returning to Japan. Well, inflation expectations at least…

http://libertystreeteconomics.newyorkfed.org/2013/04/japanese-inflation-expectations-revisited.html

Timing is everything. And companies are not very good at it, by the looks of the share buybacks…

http://www.businessinsider.com/market-rally-buybacks-and-dividends-2013-4

There is a lot of interesting information in this Financial integration report from the ECB

http://www.ecb.europa.eu/pub/pdf/other/financialintegrationineurope201304en.pdf

…and talking of integration: this is almost too painful to look at…

http://www.adamsmith.org/blog/economics/chart-of-the-week-euro-area-car-sales

Useful information on Slovenia. Might come in handy, some day…

http://ftalphaville.ft.com/2013/04/24/1469552/a-slovenia-qa/

Some bubble history. And check: there are the Tulips again…

http://www.businessinsider.com/goldman-bubbles-in-history-in-one-chart-2013-4

Here is why copper is not moving hand in hand with equities this time round…

http://ftalphaville.ft.com/2013/04/19/1467142/have-the-inflation-paranoid-capitulated/

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