Best of the Web: 13-05-10, nr 765

Good morning. The most important news yesterday evening: the yen has broken through the 100 versus the dollar!
http://soberlook.com/2013/05/usdjpy-hits-100-just-as-abe-ordered.html
http://www.ft.com/intl/cms/s/0/7dbcc37c-b884-11e2-a6ae-00144feabdc0.html

…with the obvious result for the Nikkei….
qbPurNZjU1-fc61ACoXeKNg7GmlIh7fMLA221-bMdR2zhMuG-gslc_j1yEtMtroGnXDQuX-tOuVEgy4kQrdlRTYfdbz0ihpNnlgVwE2yyxi2yWDfA-tzLPoP6w
http://www.businessinsider.com/nikkei-may-10-2013-5

…and less good news for the Japanese bond yields…
qaQ0fAOoE4RHtTeUwt_azHxWNa9dmELTqD4H_unDJFXwPjp_XSy_YYYn2nR5kyVzUnu1p3uz_AgNzmtSwWWtf7z2ixFRumU4tLCgztwNAqn2yN-BPk2866hY8Q
http://www.zerohedge.com/news/2013-05-10/japanese-government-bonds-halted-limit-down-yields-spike-10-week-high-worst-day-5-ye

And a bit of longer term perspective on the decline of the yen…
_6XQBKo4rEYOfRslQD2quII3rPU4GMy-WRJQM0HujqLb-HQzj7LSWAuKdXCp0mC8sJN5Ob8-OIdQXmJlaLmMCw1EI4x9oL7dhv1amDEOgoDow3bSt35ry1zaFQ
http://qz.com/83162/heres-why-japans-tectonic-shift-towards-easy-money-is-changing-the-face-of-global-trade/

Very cool way to show the impact of the various crisis across Europe (via @went1955, which makes it a hattrick!) 

Screen Shot 2013-05-10 at 8.14.53 AM

http://www.greekdefaultwatch.com/2013/05/the-eurozone-since-2007-in-one-image.html

Interested in the inflation Swap market? The New York Fed took a good look at it
yeUbOSwiVxLgA4MLNT8vl_W3LFiUBEzDgWNOAumIjR0Suniedf8RUkIT5cJFF2P47gb2u-a678-c7Bry-KCDAn4sjb1a3F0gwawkDlj5qnv_Eg8JJGTMWnqsXw
http://www.newyorkfed.org/research/epr/2013/0513flem.pdf

Old news, new chart: rising share of the US population not in the labour force
F-PxsPh1BgVHnQujUCaftoVJshLd963PtnBYKEecwgkEEn0gUgHYxmGWcQjwNzh_nhqotHbvTrmAQEzN4MdBNbpiPIa2GXp7-HRoQd7LYO477Hga-7iRvDfIZg
http://www.businessinsider.com/david-rosenberg-on-jobs-2013-5

Negative rates could end up causing banks to lend less, not more
http://www.ft.com/intl/cms/s/0/4484ea86-b8ab-11e2-a6ae-00144feabdc0.html

Cool overview of the development of various world famous logo’s through time
JEelkDVszuBmw_DXHqSBpS2AGWt2DK-snO-_-2LV7sav3f4W0dGA1geQGm50aIfU2QYyA2Jzp5efBQ-svcYQJVHT0OXupZiSD5JMEZWKXT7wa2CeUmUvsOnHTg
http://www.ritholtz.com/blog/2013/05/how-corporate-logos-evolve/

A complete overview of all previous editions of Best of the Web can be found herehttp://tinyurl.com/c8ge4c5. 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!

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