Best of the Web: 13-06-11, nr 786

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) 5blLgkrleq6HCG82lBAoBgxweeGz1ljO1WFqpPuze1Bb4XN6ImE5QhT0_Ack4Ph7uMKXs1CMEAAPp4DGIrXvxolHqfZM1GEd6vA09Hqwzl9x7437Hopy4N5a8g

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
3ZbtNMLqHl2A67x1gcRk12hbauDQdSXhEQRlnj6gvK0dFijd_NJMCmol5Ux2mKegQiJtV4g-XW5B2hfWF3U057KG7w5bLpnbKBjw8IPv51xcO64Vq8EEburThg
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…
1dNx6HigvDLz-eHQ1FoPligjmKTuyAu_AlBb3WnUmOTRh1AeysamnAMnUW6wGeDB4yayvZlepIaAiOxdt-V-2Da2mhh_EDE6ZIe8mC_FBGZNbw5UwkjlQ890PQ
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…
lryC_oYRSURDmHHN-bIN8ttHrJR9BRRHKn7HcUKh3n9Y_ABh_-KNqCbjiX8P-7vQKZ4vtLaST_M48V9oHE3YbEY_1Aa0JFb0gN_hBJJfxBGTEQTG1nYv4ni6kQ
http://conversableeconomist.blogspot.nl/2013/06/labors-falling-share-everywhere.html

 

Barclays concludes that QE4ever has only brought asset price inflation…
zn6OarM6Uk7BI1sO_uX_hK68Ivr_Peh0tc5fhoqB6sphRI_sOuAx1EEK_TdvgmGjm1cyvNAEQkqH1kMtxclPZ3tJkjhiRWqnv3UqbLQ_pBiqSotod8hIgqTWtg
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…
bY3IJltG72ydkiKmNUsa_QqXx40V_ZzkdrQ1E2lxePwQMVgA_kCIcpeLKI-S0_FBZEik3CFGoniwIgr5uCmDJ7okRYnU2u54wzSEDdNr6Od4pQKH82sUJaVHgg
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…
CgcYLsOviSDbrMZMBnWrY9XllXhpzvKwYcvjHbQKtu1bbjBaQ36qL5yniRrmWsHmsLaWvm2GalqmDtJLGHiEN10IQx4WMAJrQcl0c0fk-slpJ6SnaDUsTi-4Aw
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!

 

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