Good morning. The thing the markets will all be waiting on today: will they taper, and by how much?

http://www.zerohedge.com/news/2013-09-17/hilsenrath-highlights-feds-taper-dilemma

An absolute must-hear podcast from the BBC: and I mean the bit on strength of the UK GDP. Anybody working as an economist should listen to it. (starts at around 8 minutes!)
http://downloads.bbc.co.uk/podcasts/radio4/moreorless/moreorless_20130913-1700a.mp3

Very interesting chart on the performance of would-be inflation protecting assets. I think TIPs is up for an update though (down 8% or so this year)

http://www.businessinsider.com/financial-advisor-insights-september-17-2013-9

New CBO projections for the US debt show that debt as a % of GDP will drop! That does not mean the absolute level of debt will, though…

http://www.theatlantic.com/business/archive/2013/09/the-deficit-is-plunging-and-nobody-cares/279752/
http://www.cbo.gov/sites/default/files/cbofiles/attachments/44521-LTBO_0.pdf

When in the US, do not be the median…

http://qz.com/125222/the-typical-us-family-now-makes-less-than-it-did-when-the-berlin-wall-fell/

Ok, what’s the obvious mistake one would make, jumping to conclusions based on this chart….?

http://www.zerohedge.com/news/2013-09-17/who-consumes-most

Shale gas (oil) galore! “Study points to vast shale oilfields”
http://www.ft.com/intl/cms/s/0/437c44b6-1f19-11e3-b80b-00144feab7de.html

Study by IMF into the pro-cyclical nature of institutional investors

http://www.imf.org/external/pubs/ft/wp/2013/wp13193.pdf

Well, yes, the US are the heaviest. If you leave Mexico out (or height, for that matter)…

http://www.zerohedge.com/news/2013-09-17/chart-day-where-worlds-fattest-people-are

An infographic! On rich folks, no less!!

http://www.zerohedge.com/news/2013-09-17/half-worlds-richest-women-are-chinese

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