Best of the Web: 13-10-30, nr 867

Good Morning. Now that’s what I call appropriate: Australia. Down under.

http://www.ritholtz.com/blog/2013/10/global-synchronized-goldilocks-markets/

Ok, so US consumer sentiment: did it rise, or did it drop?
http://online.wsj.com/news/articles/SB10001424052702303471004579165334152652904
http://www.reuters.com/article/2013/10/30/us-global-economy-confidence-nielsen-idUSBRE99T02X20131030

Interesting chart on the earnings development in the US: total earnings are still at record highs, but mainly do to low taxes and low interest rate costs…
NwFYYjdtiP3R-Cn-zVjv_togZ9nqTGHnUpmmo3NcsX0KHYxwG1k2wWi-0j-9CpIJQxlX_i59ltjhkxzZyh2ucDP3nNI4LtYveGjRm9lAlQchbscYC3QPQ2VudA
http://www.businessinsider.com/levkovich-on-ebit-interest-and-taxes-2013-10

Nice one: car penetration meets wealth…
3_NLNsfXSPe9Il-ls4rXf-zX-cF75zk8V-2b19Iwo_UtgynJE0-F7nw9e45PM_k2ZrA7HbzbwU0m1gvVvsJYeT0OYwVj17NhlBpto3vtF_BLvcUsa1DXp5vQ9g
http://www.businessinsider.com/reminder-the-chinese-auto-market-is-going-to-be-ridiculously-huge-2013-10

Interesting article on the rise of alternative mutual funds…
KEdcvtc7RLzFplgUXu1YDa_D3NKZ4MBFeihbkRd4J3IYBER2aVw_yvXcQ5K8lg5nzV3z854kZcqcts3K1az6mVFcVwmL3xwzE_0hyNeBQJSBZn6tylmMHvGr2g
http://www.nytimes.com/2013/10/26/your-money/an-intriguing-product-thats-too-complex-for-many.html

“Fed: Household Debt Service Ratio near lowest level in 30+ years”
0ngpiEg9isoe0eBjnmOSWQ8F1MctUFgAvSoKTCJbkck6TaU-6AoKN2Fxz7DECRoexzKPlsur567Ll_-YkuBSZWGD9oXtDTW0K8NK3FA2azHET1JWnMMLCoYKyw
http://www.calculatedriskblog.com/2013/10/fed-household-debt-service-ratio-near.html

Oh man. We will have to get used as saying we live in de Randstad. Instead of – say – Amstredam…
hOa9xe7gwsOBxx4f1IQdbzKfWSCDvQwAfz5UxxjHydTiG6Zq3MO3TnPiDbuxsGQ0CFaIKIpjDzTGsn5SKJ34LCDAt_FaSc0Xc1Plgz41218F72q86ZxdITS1rA
http://www.businessinsider.com/europes-cities-in-one-chart-2013-10

Interesting, but otherwise probably not a very relevant development in the retail sales sector in the US.
DWnuuRCR2lJolscz8DA_NipLbrwsbCsLZb4VwC4-UprC7edBZjistrTLBMkx-XK4bj1GkkM1lgZu_jYhUv5KStgxaSRAR74Hbd7yAvAqK01TfhgZXFYalKUj4w
http://www.bespokeinvest.com/thinkbig/2013/10/29/retail-sales-weaker-than-expected.html

Probably a pretty good buy signal: “Gold Fades From Investment Picture”
b_rqBJ2WsrJW39znVsw3PJSh5xrD13bsJYcUdHcXYTJZoveMyMCLFr_HTyvqbMSbpnqJ6JUIueN2ykc0vJ0oRWt-qt9ZN4m5QHkrGSpJ-lUjNGS2Ob5ZWJvgIg
http://online.wsj.com/news/articles/SB10001424052702304470504579163871056778000

NBER study into the relationship between loose monetary policy and asset price bubbles. Conclusion: there is one.
0PQl9K4rLLcqCNlBxwGv8nQbUPhzTBpKVkTERs-PnzLgg0UHBWi7cmGxNPeJZBNQdpJ8Q74FJrtLyrGZNtuXbtenCxBlDkOsSADCwdVxYsAkZwSo7f3UOd1Hxw
http://www.nber.org/papers/w19585.pdf

The easiest place to start a business and the easiest to resolve insolvency…
P0IEQcSsvk537CTO8MfXeOEJ0WPreLYJ0QkVVW3vb6_b57Mqq8TK-ZmGvDEeNXgEoaiIyi2KuWaa3DlacjzuSMn-fzCsiTTuqGVjHf4SsuOSmmFq1jqAjFbAiQ
http://www.economist.com/blogs/graphicdetail/2013/10/daily-chart-21

With some delay: the Best of the Week ending october 18th…
-9nYYR-S9UYchfJDPk3SciolzJOE82tmm1CIJ4TU_DbvI917Rb_5T3odoMgLfYl2vtJSnhRyBalK5_MBCbtlupYn2VZ6ZJgESpAYWoZtYOuJBdBYbEnSiGX3eQ
https://lukasdaalder.com/2013/10/29/best-in-economics-this-week-october-18/

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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