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/
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 Do not quote unless specifically cleared beforehand!
