Best of the Web: 13-08-12, nr 815

Good morning. I have shown this one before in the past, but it is worth the repeat
http://libertystreeteconomics.newyorkfed.org/2013/08/historical-echoes-off-the-charts.html

 

Hardly surprising, but still: the BundesBank expects a new restructuring for Greece in 2014…
http://www.spiegel.de/wirtschaft/soziales/bundesbank-rechnet-mit-neuem-hilfspaket-fuer-griechenland-a-915900.html
http://www.reuters.com/article/2013/08/11/us-greece-aid-bundesbank-idUSBRE97A09O20130811

 

Japanese GDP comes in weaker than expected, Nikkei and yen suffer the consequences…
G82HydKivYlbwZrdg-ugajSkgEqbnPwbRWTLIdpGEelxAOCtS48FVQOFVu1NCXwTtSekvLVGqwB4Z8z2EK-o4ejQntajhrI36_eFUJDTT8sDwOMJIiVV6OIFtg
http://www.zerohedge.com/node/477480
http://www.ft.com/intl/cms/s/0/008e0d42-02f4-11e3-880d-00144feab7de.html

 

Whether stocks are cheap or expensive depends on your own personal preference…
EagTEcQGSTRdSjgHFcxAf34Wai-cJoQRi6OBlbzeb9V0GakgWJ9ddCxKua7MWwFHq6akxlH2Jzv1OsF52cenCNMJhtkcLVI83D75Wa-k8O0lT5OlwEgqwJOHmA

http://www.ritholtz.com/blog/2013/08/stocks-cheap-or-expensive/

 

A report from Citi giving looking into a possible seasonal explanation for the yen strength
oe_BvELIrodJ1rflebxxnVNq85oVcfi3AxY8QwMo-URAqQzo60KvmM6kFL_FPiQ1COxCAhahQ7x-JVTFo_-MS4qd7CYZ20Vfn42aBsURIv-jPlQ17Ab4CkavXA
http://www.zerohedge.com/news/2013-08-10/why-jpy-surging

 

The article 4 consultation on… Aruba!
b-EB4_-u040qOxXFYvtQOMWBXdNP3A5IdCmKMtUTU-tSh1CAUhzBO2s4Qph6olEQIXnXo-uq5Am9FnHS1vTyI4SOixhK2TQr-ShlTC2xG8qxVa-bwx4voqLt8Q
http://www.imf.org/external/pubs/ft/scr/2013/cr13258.pdf

 

Yep. It’s back. Expected to hit the US government at the end of October…
XLFcyWuGBCbj1bL0y1zgeCVWhMyKkbc5QTESuu01oI-dEH7BHkPNHRfdi-VSkyGxWUUe6LEHlqzee4ZIk1JTKkaksDTRnfRhgL2IsDOoWDZJJwSPiDVxjdXXHw
http://ftalphaville.ft.com/2013/08/09/1598072/shrinking-us-deficit-update-and-a-new-debt-ceiling-projection/

 

Interesting chart. So what went different in 2000..?
FF2lzrl2zcx07VZxEVydyD55Dg6F5FvRPamFH9nQ0EsdKrfnDT1lFDwd-nLWF9F2CkW53d7W93tT2BPl922HnISN3OQhOyrRPR4tZGjZPT7wa-IbvmTsx-vUEA
http://www.businessinsider.com/labor-productivity-growth-pattern-2013-8

 

Nice chart, even though I am not sure what the general conclusion is…
_6pg6UsTHaAXcUkFcY4veOvOaRcKACR0xEuntHM5ptIhjDfxRojIrkz3D2m0tWGzKt1jJSCoPmfLdjH34F9Ay02y6FIVm3tar7VRvgsDgh840NzQIWZ-pXiZhA
http://economistsview.typepad.com/economistsview/2013/08/myth-and-reality-the-low-wage-job-machine.html

 

And this week’s schedule, of course
http://www.calculatedriskblog.com/2013/08/schedule-for-week-of-august-11th.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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