Good morning. Ah well, let’s make the best out of it…

http://www.zerohedge.com/news/2013-06-10/monday-humor-1-its-funny-coz-its-true

The Bank of Japan ended its two day meeting. More bullish on the economy, negative for stocks though…
http://www.ft.com/intl/cms/s/0/c586094e-d241-11e2-b17e-00144feab7de.html

Cool report by the International Energy Agency on the Energy-Climate map (via business insider)

http://www.worldenergyoutlook.org/media/weowebsite/2013/energyclimatemap/RedrawingEnergyClimateMap.pdf

And in Europe we will focus on the court case of the Bundesverfassungsgericht on ECB policy (verdict Wednesday)
http://www.reuters.com/article/2013/06/10/us-germany-court-idUSBRE95915320130610
http://www.spiegel.de/wirtschaft/soziales/politik-der-ezb-vor-dem-verfassungsgericht-vier-szenarien-a-904828.html

Apparently, there is an app for finding toilet paper (and other basic needs) in Venezuela…
http://blogs.ft.com/beyond-brics/2013/06/10/looking-for-toilet-paper-in-venezuela-theres-an-app-for-that/

The sell-off in US bonds (and elsewhere in the world) is mostly related to fears of the Fed changing policy

http://soberlook.com/2013/06/the-futures-market-implies-fed-taper-to.html

Interesting chart. Having said that, if you adjust for everything it is no surprise that you are not able to beat the index…

http://www.zerohedge.com/news/2013-06-10/4-charts-your-friendly-equity-hedge-fund-manager-does-not-want-you-see

It’s a trend alright: labour income share is in decline everywhere…

http://conversableeconomist.blogspot.nl/2013/06/labors-falling-share-everywhere.html

Barclays concludes that QE4ever has only brought asset price inflation…

http://www.zerohedge.com/news/2013-06-10/anyone-who-still-thinks-earnings-matter

Nice overview of the biggest lobbying spenders in the US. And it is not the tobacco companies…

http://www.nytimes.com/interactive/2013/06/01/business/Biggest-Lobbying-Spenders.html

Just a reminder, who is running the biggest deficits in the world…

http://soberlook.com/2013/06/which-countries-are-running-largest.html

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!