Good morning. “Supply shock from North American oil rippling through global markets” From the International Energy Agency
http://www.iea.org/newsroomandevents/pressreleases/2013/may/name,38080,en.html
http://www.reuters.com/article/2013/05/14/us-iea-idUSBRE94D0AE20130514
http://www.ft.com/intl/cms/s/0/a1ce6c16-bc6c-11e2-9519-00144feab7de.html

Nikkei 15,000! How long will it take the Nikkei to surpass the Dow…? (link is not that interesting)

http://www.zerohedge.com/news/2013-05-14/bonds-suffer-worst-4-days-10-years-nikkei-tops-15000-first-time-jan-2008

Nice story of the ‘Black market Disney guide’ (via @leonmwc)
http://www.nypost.com/p/news/local/manhattan/disney_world_srich_kid_outrage_zTBA0xrvZRkIVc1zItXGDP

Pretty remarkable this: hirings in the US have never recovered anywhere near the pre-crisis levels…


http://soberlook.com/2013/05/labor-market-stabilization-lacks-one.html

European divergence part 401…

http://www.businessinsider.com/germany-vs-the-rest-of-europe-2013-5

…and some more from the same poll (but different source)

http://ftalphaville.ft.com/2013/05/14/1499052/of-stereotypes-and-the-slow-end-of-the-european-affair/

…and who do you think is the most compassionate of them all…? 😉 (also via @leonmwc)

http://www.pewglobal.org/2013/05/13/the-new-sick-man-of-europe-the-european-union/

New debt numbers for the US have been released. Debt is in decline, with exception of the students…

http://www.newyorkfed.org/research/national_economy/householdcredit/DistrictReport_Q12013.pdf

Did I show this one already?

http://www.economist.com/blogs/freeexchange/2013/05/global-growth

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