Good morning. A nice bit of perspective on the share buybacks: it is not all to the benefit of the shareholder…
http://ftalphaville.ft.com/2013/05/21/1511022/buyback-to-enrich/
“Toilet paper shortage is always and everywhere a monetary phenomenon”
http://marketmonetarist.com/2013/05/20/toilet-paper-shortage-is-always-and-everywhere-a-monetary-phenomenon/
Perhaps a bit technical, but this contribution explains why the yen can actually weaken despite the huge influx of foreign capital into the Nikkei
http://ftalphaville.ft.com/2013/05/21/1510302/that-soaraway-nikkei-and-the-yen/
When will this trend stop, pray wonder…?
http://conversableeconomist.blogspot.nl/2013/05/global-urbanization-and-governance.html
Some more background on the Equity Risk Premium. Not the most accurate piece, but it is a start
http://aswathdamodaran.blogspot.sg/2013/05/equity-risk-premiums-erp-and-stocks.html
Is there a relationship, or is it just plain coincidence…?
http://qz.com/86661/the-bonds-to-equities-great-rotation-fallacy-in-one-chart/
Unadjusted for the total population, but this is the number of fatalities from tornadoes in the US
Beautiful pictures from National Geograpic
http://www.theatlantic.com/infocus/2013/05/2013-national-geographic-traveler-photo-contest/100516/
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