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!!
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…
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
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…?
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…?)
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…
http://qz.com/136103/france-is-the-largest-source-of-tourism-in-africa/
How the 0.0001% made their money
http://priceonomics.com/how-the-0001-made-its-money/
Brilliant wildlife pictures: I do not think they picked the right winner though.
http://www.bbc.co.uk/news/science-environment-24534109
Keep the faith!
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
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!