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….
http://www.businessinsider.com/nikkei-may-10-2013-5
…and less good news for the Japanese bond yields…
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…
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!)
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
http://www.newyorkfed.org/research/epr/2013/0513flem.pdf
Old news, new chart: rising share of the US population not in the labour force
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
http://www.ritholtz.com/blog/2013/05/how-corporate-logos-evolve/
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