Good morning. And we are back again! The strongest bull market since World War II? Apparently so…
http://www.thefiscaltimes.com/Columns/2013/07/24/Whats-Powering-the-Strongest-Bull-Market-Since-WWII.aspx#page1

On a less-friendly note: Japan is surrendering its gains pretty fast, these past three days…

http://www.zerohedge.com/news/2013-07-28/nikkei-drops-1000-points-3-days-jpy-strongest-month

And how is this earnings season shaping up so far…?

.

http://www.bespokeinvest.com/thinkbig/2013/7/26/earnings-beat-rate-by-sector-this-season.html

Finally some positive news on the European banking system: Senior Loan Officers less negative

http://soberlook.com/2013/07/glimmers-of-hope-in-euro-area.html

If you need some cash, look up a US firm…

http://economistsview.typepad.com/economistsview/2013/07/us-firms-holding-18-trillion-in-liquid-assets.html

…and related to that: why do US firms not invest more? (source: FT)

http://www.ft.com/intl/cms/s/0/8177af34-eb21-11e2-bfdb-00144feabdc0.html

Cool chart showing (hyper)globalization over the last 150 years, or so…

http://conversableeconomist.blogspot.nl/2013/07/hyperglobalization.html

For all ye commodity bashers out there: the BIS has taken a look at the case for commodity investing… “On the correlation between commodity and equity returns: implications for portfolio allocation”

http://www.bis.org/publ/work420.htm
http://ftalphaville.ft.com/2013/07/24/1580762/sorry-commodities-are-a-poor-diversification-tool/

Infrastructure under investment around the world according to McKinsey

http://economistsview.typepad.com/economistsview/2013/07/us-infrastructure-underinvestment-vs-other-developed-nations.html

Overview of global weather costs through the years…

http://qz.com/108946/weather-cost-the-world-85-billion-so-far-this-year-only-14-of-that-was-insured/

Interesting chart showing that ageing is not only a Japanese proble… uhm, challenge…

http://www.zerohedge.com/news/2013-07-27/why-chinas-leaders-know-theres-storm-ahead

Ah yes, and the schedules for the week ahead: FOMC and the changed GDP calculation for the US
http://www.calculatedriskblog.com/2013/07/schedule-for-week-of-july-28th.html
http://blogs.ft.com/beyond-brics/2013/07/28/week-ahead-july-28-august-2/
http://www.ft.com/intl/cms/s/0/24ece6aa-f650-11e2-8388-00144feabdc0.html

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