(source of the picture above: http://www.businessinsider.com/pictures-of-new-york-penn-station-2013-6)
So what has the world been up to, these years…?
http://www.economist.com/blogs/graphicdetail/2013/06/focus-7
Nice chart on the post May 22nd carnage…
http://www.businessinsider.com/market-performance-since-bernanke-may-22-2013-6
Chinese money markets caused some concerns this week…
http://blogs.wsj.com/chinarealtime/2013/06/21/all-about-the-money-charting-chinas-cash-crunch/
…while the sell-off in Emerging markets has continued….
http://www.businessinsider.com/the-brazilian-bond-market-massacre-in-one-huge-slide-2013-6
…and some remarkable trends in flow of funds were recorded
http://blogs.ft.com/ft-long-short/2013/06/24/pre-taper-fund-flows/
This chart does not look too promising for the European economy…
The BIS annual report. A lot of information on the world economy
http://www.bis.org/publ/arpdf/ar2013e_ov.htm
“Gold Was a Horrible Investment from 1500 to 1965”
Talking about gold, with the price at $1200, it is getting too cheap for certain mines to still be operational, apparently…
http://www.zerohedge.com/news/2013-06-26/gold-drops-below-its-average-cash-cost
Always interesting to browse through: the Financial Stability Report by the Bank of England
http://www.bankofengland.co.uk/publications/Documents/fsr/2013/fsrfull1306.pdf
A complete overview of all previous editions of Best of the Web Weekly Economics can be found here http://bit.ly/16dkN6i. 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 Do not quote unless specifically cleared beforehand!