Good morning. So how high is a PE of 16,1 in historic perspective?
http://www.bespokeinvest.com/thinkbig/2013/5/17/sp-500-pe-ratio.html

Best of the Web, last week’s summary…

https://lukasdaalder.com/2013/05/17/best-in-economics-this-week-may-17/

A tale of two continents…

http://online.wsj.com/article/SB10001424127887324767004578484192106471164.html

Trouble on the rise for Brazil…?
http://www.ft.com/intl/cms/s/0/e34f23c8-c154-11e2-9767-00144feab7de.html

So much for peak oil: the stuff seems to be everywhere…

http://www.zerohedge.com/news/2013-05-20/arctic-final-energy-frontier

Short Gold is getting an overcowded trade by now, it appears…

http://www.businessinsider.com/gold-shorts-at-all-time-high-2013-5

So much for the BRICs performance this year…

http://www.businessinsider.com/brics-bad-performance-year-to-date-2013-5

Old chart, still worth to look at

http://www.zerohedge.com/news/2013-05-18/spot-odd-continent-out-total-bank-assets-gdp

Interesting chart showing where the rise in profit margins have come from

http://www.businessinsider.com/deutsche-bank-david-bianco-profit-margin-2013-5

Well, this chart speaks for itself, I would say… Most fund managers underperform the index, according to this chart

http://www.businessinsider.com/best-investment-advice-2013-5

A complete overview of all previous editions of Best of the Web can be found here http://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 Do not quote unless specifically cleared beforehand!