Best of the Web: 13-10-17, nr 863

Good Morning. Ok: we will be back on February 7th…
http://www.washingtonpost.com/blogs/wonkblog/post/if-ted-cruz-didnt-exist-democrats-would-have-to-invent-him/2013/10/16/72ad81ea-3676-11e3-89db-8002ba99b894_blog.html

…but who cares!! Stocks rose by 2.2% during the government shutdown! More shutdown!!
XsMBng_ChhviRNf2z1aOzaSfLLpLO-xSKGHN9MracVjTI0kOThiu9tu8VJNQ1yLqWXUYpmZ9KQewU0EUzNBoen82TuO2XTyp1ld2MsSWnzRBi_iBVlecRoC2XA
http://www.bespokeinvest.com/thinkbig/2013/10/16/shutdown-surge.html

Beautiful chart showing how the Debt Ceiling has often been solved in the last minute…
RuRQgtEpF3rwObnjuTtWs1ozDZOeHNykpWU75gdWNoRJMu3lVgeFyEk_2PCND6S2Ysr1I-kQOyk5ORk28hRlledlCMcrA44v0zXh1HyJ-clk6wnKGYf0AeakHA
http://www.ritholtz.com/blog/2013/10/debt-ceiling-debacle-already-damaging-u-s-prestige/

If you are into tapering, you should read this article by the San Francisco Fed
y6boA69EAvdE1c1ZWN6BkZA6jF9ebWilm4AvSvTvSmn9kJbaxEY3tpQiKNvxbexqafTo04KQPOmAIksEQeQfYjkNs6HhUt9o2QXDjAjNHKEGbIajCpEwc_3RgA
http://www.frbsf.org/economic-research/publications/economic-letter/2013/october/labor-market-recovery-momentum-indicators/

Nice Blakrock tool. But Argentina ranks higher than Italy…?
Z74_n7YeuR-oRRIiTvVoVQT_JjYqMzd_LB_C6mo125-c3vx8K9hi2Bqq9uneZgQZ_xkoYvww3TrGJP4xurrQldwMYTpFbalwZhzztzLrOG_Q3VGG2F1o0ToeRw
http://www.washingtonpost.com/blogs/wonkblog/wp/2013/10/16/the-united-states-isnt-a-top-tier-creditor-in-one-map/
https://www2.blackrock.com/webcore/litService/search/getDocument.seam%3Fvenue%3DPUB_IND%26source%3DGLOBAL%26contentId%3D1111199228

The message of these numbers is clear: pick your mutual fund carefully… (by the way: optically, I would say there are more outperformers, or am I biased here…?)
QuWAfTjGVk3Zu-GjILqaCU7gw9usQQzcqG48bCZmB4IelmxmD-SYswT1Ni4qQx6oR3bPhVvIzXgYjuACYKbxXlBweN_s38KTkVcuscR57oZWWXd-HVOI-J_uoA
http://www.businessinsider.com/mutual-funds-vs-sp-500-2013-10

Good question! “What the heck is smart beta anyway?
http://news.morningstar.com/articlenet/article.aspx?id=614512

So French tourists rule in Africa. But I am seriously wondering how many ‘tourist’ are willing to go to DR Congo…
g3hdleFAwIKxL9R2LQLGU8ISunsVLKIMYMrUd20Chol1Q0cQddqeDWzdKueq6azsZhAZ1gKy8BjjQ8sXv48CXhN1vkSGA86Qc8Oq7JoDMB5jF-B7GIm3OOCBjw
http://qz.com/136103/france-is-the-largest-source-of-tourism-in-africa/

How the 0.0001% made their money

66a4h4WjzILq0JkmDboAuHapDFgo5pK1-Ua1euWwJ2Gb7U_uxVLnYcXCkmuRjx1SifXIzexfTcRabCVPFR4n2MBJMimnZKiAUjT-1mxyqI1s1lFNpBQUDb8czw
http://priceonomics.com/how-the-0001-made-its-money/

Brilliant wildlife pictures: I do not think they picked the right winner though.
qnois3--ZYiKWWDQRjjySXgT73e5pW1aUKjGWiEg_DPj6CNXLABIM2c6FIAKnRqmEYaY6j2Zy-Ftj2qdFT9bZFgSM5sfIDmwzH37W7o6SPM8Uj6eNBytF61eXA
http://www.bbc.co.uk/news/science-environment-24534109

Keep the faith!

8_uLC0SjKtFbdBcVAwhDSGZRbhvGf15VtPVk6kci96Hw_trtvEHpcwnrtia4wKRifWViZ0SMLYOM6NBzbeZDdCPc3sdjEAGdPR2SZlIozTUznx2jobZlsIDO6Q

http://www.zerohedge.com/news/2013-10-16/and-now-focus-next-steps

Pretty Big. Probably more Big than pretty, actually. About money: past, present and future
BClnSEAZjM4OdxkRV60jVEqHbR4B_UdvlNyVGr-ibr2GNGhiCr75Bod4E8IBes0bpv8wE6yUT0qlJO78HUGH_zwDLUjWbBbgVIrGgCDFP0LV1I-BUykwsKRWcg
http://climateerinvest.blogspot.in/2013/10/infographic-past-present-and-future.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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