Best of the Web: 13-09-27, nr 849

Good morning. Trade imbalances have declined over the past 4 years, but they are still a lot bigger than in the 90s

http://www.economist.com/news/finance-and-economics/21586838-less-skewed

A very enjoyable feel good video on the future (or lack thereof…?) of advertisement (via @hermanb) Do watch!

http://www.bloomberg.com/video/the-naked-brand-the-future-of-marketing-wTo1reeNTNugBjR1Qj~gnA.html

Interesting.I don’t know this index, nor its track-record, but I guess we are about to find out…

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http://www.zerohedge.com/news/2013-09-26/goldmans-analyst-index-plunges-most-year

Okay, I am convinced: shutting down government for a few days does not make that much of a difference

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http://www.businessinsider.com/market-reaction-to-government-shutdown-2013-9

The Eurosystem for dummies. Brought to you by…. the ECB! (via @leonmwc)

For all you would-be day traders out there: here’s your guide to make money from stamp price increases…

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http://qz.com/128329/a-step-by-step-guide-to-profiting-off-the-3-cent-hike-on-us-postage-stamps/

Euro bank lending. Is not exactly like lifting off, I would say…
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http://www.zerohedge.com/news/2013-09-26/forget-recovery-what-total-european-monetary-collapse-looks

Ok, so there are cycles, there is cyclicality and now there is hourly trading patterns…. over the last 5 days??
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http://www.bespokeinvest.com/thinkbig/2013/9/26/average-hourly-returns-since-918-peak.html

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