Best of the Web: 13-05-22, nr 772

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
R1JuwFLzV83DEccMtmQ69U0DFB2NoT5-8ipJvkQy0GYCp4pFDpFEeUx2r-9qVeWXuAWXCy3_fhtwTRm0wT73MqfzsXqAaH_hCL6r4eqe7KIInQb2F0rkbN7x
http://ftalphaville.ft.com/2013/05/21/1510302/that-soaraway-nikkei-and-the-yen/

 

When will this trend stop, pray wonder…?
CyAJQ2QCDrnpikLBS-rbA6DJPGskdJzbw9rnGCuxT_1aVuHLj6A0yjF0jPuMSMfEyUNsoR6KiZuOs6M0KYzp-04WsRypZcKsthrnRAivGhy8uct1PBLRwUW8
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
o3fWh3I6SxixNeTZqMhfSzHl1TrUb54OvPxtjNGB8BEl6eilD7oVCA-Ty3L1SEUyitmWsjKsqG8-LhP23gkLpJFuq2qoSFj1zEvID_AUo45-lVOJUPoUnqOJnw
http://aswathdamodaran.blogspot.sg/2013/05/equity-risk-premiums-erp-and-stocks.html

 

Is there a relationship, or is it just plain coincidence…?
6i8YU-fwiLFkzWyo-4iZieVAphgDGPX_XwWn5RV416gj4_sohceBuRcNkKi-mIgpUZa-MiMZl_yeMYrmR226fj2gTqFs-OJvjDv2MR3CKVpZhGr8QiEhS1KY
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

b8WD5zjIl1R30gyZWgLz5owZ6hk7OczmmOO_1bT_VJqe8LAwCt04OBlD1aS1xiouWrKmygctdTiJsRomc9HMXdQWfZnk2wb8G5tanWlG099leczdPPI03RD4fQ http://www.washingtonpost.com/blogs/wonkblog/wp/2013/05/21/a-short-history-of-violent-tornadoes-in-the-united-states/

Beautiful pictures from National Geograpic

Dwr-mlUb07le2kzH-WTnY9sKsnJWRWqIqTCR6La0PWSnzLRDC_pU241FqhK3GicZLv6g6_XPVp4wJE0E7qtXD_fwEXDSHxAfT_Wm0PYj3HmymnLq8Dam4bjbAw
http://www.theatlantic.com/infocus/2013/05/2013-national-geographic-traveler-photo-contest/100516/

 

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!

 

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