Good morning. Everybody back from holiday..? The quickest way to be updated on last week’s developments is to read the best of the week…
https://lukasdaalder.com/2013/05/12/best-in-economics-this-week-may-10/

Beautiful (and shocking) timescapes of parts of the world

http://googleblog.blogspot.ch/2013/05/a-picture-of-earth-through-time.html

Wall Street Journal article on the (coming) exit strategy of the Fed…

http://online.wsj.com/article/SB10001424127887324744104578475273101471896.html

Clear enough picture on where the world is going to, based on demographics…

http://www.economist.com/blogs/graphicdetail/2013/05/daily-chart-8

One that cannot be left unnoticed: IMF’s article IV consultation on… The Netherlands!

http://www.imf.org/external/pubs/ft/scr/2013/cr13115.pdf

Nice picture: “Market bears still waiting for a pullback”

http://buzz.money.cnn.com/2013/05/09/stocks-bears-correction-2/

The EBRD is not too positive on the outlook for the Eastern European region…

http://www.ebrd.com/downloads/research/REP/rep-may-2013.pdf

US Companies are on balance still lowering guidance

http://www.bespokeinvest.com/thinkbig/2013/5/10/guidance-spread-negative-but-inching-higher.html

Looking for high and rising inflation? Look no further!
http://blogs.ft.com/beyond-brics/2013/05/10/ouch-venezuela-inflation-now-close-to-30/

Discrepancy in the various inflation measures in the US…

http://macroblog.typepad.com/macroblog/2013/05/weighing-in-on-the-recent-discrepancy-in-the-inflation-statistics.html

Chart showing that we should not confuse the S&P for the US economy…

http://www.businessinsider.com/financial-advisor-insights-may-10-2013-5

The fall (and rise) of oil states…

http://www.aei-ideas.org/2013/05/wsj-profiles-a-tale-of-two-oil-states-saudi-texas-vs-economic-basket-case-california/

And the schedules for the week to come: US retail sales…
http://www.calculatedriskblog.com/2013/05/schedule-for-week-of-may-12th.html
http://blogs.ft.com/beyond-brics/2013/05/12/week-ahead-may-13-17/

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!