Good morning. Edition number 800!! Drinks are on me, this Friday (if you do not know the details, let me know!) 

End of the month: PMI time! What has happened to producer confidence last month? The Japanese Tankan (quarterly) was positive, but China weak…

http://www.businessinsider.com/june-2013-manufacturing-pmi-global-2013-6
http://www.reuters.com/article/2013/07/01/us-japan-economy-tankan-idUSBRE96000H20130701
http://www.reuters.com/article/2013/07/01/us-china-economy-pmi-hsbc-idUSBRE96002720130701

 

 

Hahaha!

http://www.zerohedge.com/node/475835

 

Sell in May? Buy in July!! Gold, that is….*

http://www.businessinsider.com/holmes-gold-rally-about-200-12-months-2013-6
(*this is not a recommendation)

 

Related to that: pretty interesting chart showing that drilling activity in Africa has seen a steady decline….

http://blogs.ft.com/beyond-brics/2013/06/28/africa-not-going-for-gold/

 

Pretty good overview of which economic block shows the best (and worst) surprises versus consensus

http://www.zerohedge.com/news/2013-06-30/global-macro-12-simple-charts-find-clean-shirt

 

Interesting chart showing US GDP compared to US GDP minus interest sensitive parts. But why has the latter not grown more than the former, over the past three years

http://online.wsj.com/article/SB10001424127887323689204578569893592032704.html

 

Massive outflow of bonds! By definition it was sold to someone, though…

http://www.businessinsider.com/financial-advisor-insights-june-28-2013-6

 

 

…and I promise this will be the last flow data chart for some time to come: currency breakdown of Emerging Market Bond outflow

http://blogs.ft.com/beyond-brics/2013/06/28/em-bond-funds-worst-week-ever/

 

Interesting overview of last week’s charts by the Economist…

http://media.economist.com/sites/default/files/media/2013InfoG/WIC-contacts/20130629.pdf

 

…but let’s not forget about the charts of the Best of the Web from last week! 😉

https://lukasdaalder.com/category/best-of-the-web/weekly-economics/

 

Pension liabilities of a couple of US states: look pretty horrible….

http://www.economist.com/blogs/buttonwood/2013/06/pensions-0

 

And the week ahead. I am surprised though that the Best of the Web drink is not in these schedules…
http://blogs.ft.com/beyond-brics/2013/06/29/the-week-ahead-july-1-to-5/
http://www.calculatedriskblog.com/2013/06/schedule-for-week-of-june-30th.html
http://www.zerohedge.com/contributed/2013-06-30/ten-things-watch-week-ahead

 

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!