Good morning. You say shutdown, I say PEANUTS!!!
http://www.zerohedge.com/news/2013-09-30/t-minus-155-hours-complete-government-shutdown-summary
So, a shutdown is good for stocks. At least, it was last time around…
http://www.businessinsider.com/government-shutdowns-and-stocks-2013-9
Japanese business sentiment (Tankan) hits six year’s high + corporate tax cut
http://www.reuters.com/article/2013/10/01/us-japan-economy-idUSBRE98T00F20131001
http://www.businessinsider.com/japan-q3-tankan-survey-2013-9
http://online.wsj.com/article/SB10001424052702303643304579107152783933952.html
And who is changing the rules of the game all the time! End of month should be green, right?
http://www.bespokeinvest.com/thinkbig/2013/9/30/last-day-selloffs-first-day-rallies.html
“U.S. study says asset managers could pose systemic market risk” Say what??
http://www.reuters.com/article/2013/09/30/us-government-assetmanager-study-idUSBRE98T10V20130930
http://www.ft.com/intl/cms/s/0/701914d4-2a15-11e3-9bc6-00144feab7de.html
Interesting chart showing how politics and wealth are mixed up in China…
http://www.economist.com/news/china/21586883-wealthy-politicians
One of the drawbacks of tighter regulations and higher capital demands for banks: tighter mortgage standards
http://blogs.wsj.com/economics/2013/09/29/how-tighter-mortgage-standards-are-holding-back-the-recovery/
Interesting chart. But where did they get the data from? Looks pretty volatile… (via @went1995)
http://www.chathamhouse.org/sites/default/files/public/Research/International%20Economics/0213bp_africagrowth.pdf
Ten trend reversals
http://www.theatlantic.com/business/archive/2013/09/the-10-stealth-economic-trends-that-rule-the-world-today/280107/
Ultracool picture apparently showing Soviet plane-spotting head-gear from 1917… (via @timharford)
http://boingboing.net/2013/09/29/soviet-plane-spotting-head-gea.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!