Best in Economics this week: November 8

(thanks to @History_Pics)

This was the week of the twitter IPO….
nyIXJcM-oQ7sxP_i4roKJjxq_jwASpTySEveMqakzWEBMb1W-IoqvxfjYajcZGFIspjfPGfp9QETBeAwWySuvTaXw5ZXahLL76c4I4YFqtXOg7sHZ11K4IiotA

http://www.businessinsider.com/charted-twitter-ipo-versus-facebook-ipo-2013-11

Pretty well known fact, but there is nothing wrong to remind us once in a while: GDP growth does not mean high equity returnsZgFm8gPUQgY0Q6tusNwByx5VCZhliQMnEXNErgtUL2Dm7SCAavaDS4aCXLCO1bsUO-kn2Mlx3cy01kQtWMfaq7Mwkuyg5Qiz4KzYM80D94HD2NlSuztpm4A2Sg
http://www.businessinsider.com/correlation-between-equity-returns-gdp-growth-2013-11

Groupthink. The world is still recovering from the consensus view the Fed had, when the subprime bubble was blown
MpkMRrFRg2AAnRtQECcnLUkL5H8WoD9yDe81A3GD0hBp0T9H5PsAPeyHpQU1gR9j3O7Tt7ac_96eLg8UXxhDiOitOsMCG0iFejzL7Eg4YzL9XYR_dR5SEI_asQ
http://www.bloomberg.com/news/2013-11-07/greenspan-s-bequest-to-yellen-is-board-harmony-shown-in-records.html

So: do you see debt, or do you see wealth?

c0-wewB8czmAL6iRFYi1cwtVTpgaxKVNtaXSW1ETntXyVxpDszkd11z75aqtXHimLybPt0Y4scVW7R5AGOls_yJS2g3l_V72hwDypeEV9_U7sX3NbvH2Ao1luQ
https://twitter.com/shahinkamalodin/status/397411380824780800/photo/1

A presentation by a Fed board member on the topic of tapering: you better listen!
vLDj4RgUYQwasZdWGjl6nqnbjXpOLoOtkzLZAYvTQo-_IkIPDUHzBS8R3LwBgWXMXUZA3sUSyRfBoXNKk--Pg7auvgGtCLSOTjaKoHZjyzhlkp9u2Mp8VDgmPA
http://research.stlouisfed.org/econ/bullard/pdf/BullardStLRegChamberFinancialForum1November2013Final.pdf

I have shown this before, but the message is sort of important: the lack of investments in the US economy
M629KCQd8ubyZnyN-G9WM0-ETjx4774R_nhiOuWhFyI5eXmy0xAaYB6YV1D5t6YwVz4pStrRDuv7APN8nZKGQYlchbvH7CqsDLbJSEeUOucKxsG_NFoFtFgRxQ

http://ftalphaville.ft.com/2013/11/01/1683962/the-us-capital-stock-old-and-busted-but-why/

For all them bank lovers out there: the ECB has published a report on banking structures in Euroland
PmCJNzG50VbJYQjIBUvDMZUWuOIYcQgBy6LBF2BnP3prL6eaFsft23rlda5gQOKz25OewWrEApTWFMaRFkmjktnqeaDcl4pI70lAzTAIbFbeqYp8sHDgJyXr6g
http://www.ecb.europa.eu/pub/pdf/other/bankingstructuresreport201311en.pdf

Non performing loans in Europe: The Netherlands looks pretty healthy here… Surprisingly so

yl7qGPwXHbU8R8OQRQLyGqZaxmh3S4Uc0y7HpWsmt3GaQXofrwWN6DX2M3wAxxxiGutNEvMaOctvrWXHNA1sIXiVoin_kM6M3eSUD6YmmVoew63nin-XhHU3QA
http://ftalphaville.ft.com/2013/11/05/1686722/the-npl-standardisation-factor/

Cool chart. Somehow reminds me on the increase in natural disasters…
1FHfI0o1pOmJoTv4TUKZkCiWik_efzpUv0AAFr8Mc456K_wyWr1h-fFqiT-o9rEfMnWV-yzb3LMx40Rkot7A9OkB_QIt9rpx2S5q1qYLeb9audq06_IZAYVnlQ
http://www.edelweissjournal.com/pdfs/EdelweissJournal-014.pdf

Bikes rule!!

cq75kaFGy_vYatp5AsaSzTuwH_hLUlLYKQxbmvziI5f7VJp1k7-8g_Of6BVyP6R3NTxt0sOZGLNOEmfHKZMwL6EWMztgVQOAjYaqNbvcWk2lOtd2JWVcO8xTWw
http://www.zerohedge.com/news/2013-11-04/spot-european-economic-recovery

Old data, but interesting nonetheless: what the average American is doing at each moment in the day
BAOX-yE_1Uo3eY_noSF74NOTI3oSoDr1z41niNCGziMuCm03dL6HDGqlx-sJ-ni_YOklcr0OyFu5hEx_Vk4AVVgJKJr7hwAP6IzlYNJG1_1QS6TsTZtSXYPubA
http://www.businessinsider.com/how-americans-spend-their-time-2013-11

Remarkably strong fit between price/revenue of the S&P and the 10 year subsequent return
LSR577hGg2tPo5ckH082gCnlRMaVRXb6UVP_KiR-X36I4xWfYTIZBQNxMUjEfEcokOlGnw3zlWqsMQlk6swP53TMvNCv72PZ3uSlDmRvZ4VyLDrTWSkmbP5Z4Q
http://www.hussmanfunds.com/wmc/wmc131021.htm

Cool chart, which seems to imply that the myth of of no-investment is overdone. As long as you agree that acquisitions are grotwh related, that is…
KjN9LxcgwRBf-fEi50SlP8_fUGBBLPZ73RMWG_Kbo_aNljFs_sAS4fWdLxMt_3oSO8bwgKp68640dDZkb32emKJkGGQZMM-xkHJRWAzVRpe0UvKK4tJW5tfXXQ
http://www.businessinsider.com/sp-500-cash-usage-2013-11

Forecasting is difficult. Even for financial markets…
BtBlS4iBIGaEmzARv-4XCkQZ42g1E7QkKbcqaL0vzxab-F3ae25X_7GFAIM6X36svtNqMUbVkojuIfpf1J7TtzgcnEjZFv3Uf1blE3fkOEFUzLleVI6yjntsRA
http://www.zerohedge.com/news/2013-11-02/fallacies-forward-guidance

For all them bank lovers out there: the ECB has published a report on banking structures in Euroland
q-9EXoasgNVyB_3u31Vz8ozcTZmymH03yosOLgq5Ki-nuDFMYtc7xB-8bvl5bxsVRql3zDztTUZC5AQanjFf5Sj7rkN6IuCxOUEljqXVjg4gh909m5ZzsrEzpwhttp://www.ecb.europa.eu/pub/pdf/other/bankingstructuresreport201311en.pdf

Those lazy Italian men (and more)
H-8LOWtm1-ciwklBYC8uIE87Pdj70K9beVaeePoIUuvqSqt1pBAhnGpN2CtaabLZsYDXbX-GTrGVDNs63Vm15QseVrWpNchoGiZYL1l4QivsBLdpMnDBrDYWqw

http://qz.com/143730/italian-men-dont-like-housework-canada-has-too-many-rooms-and-eight-other-data-updates-on-the-world/

Cool overview of the evolution of audio devices…. (click for a bigger picture)
Vnt8UGhI_0vz9q1CYXvfiBCwAFJ5L5nK5RFEWfgfCzO2XeIZRErc6GqVYU5cVmnQ_FD6r1euDHRcSwDNT66N3kRCPjZN1qIHJltFGjSPgWdBDnw8nMSrVUMOGg
http://popchartlab.com/products/the-advance-of-audio-apparatuses

A complete overview of all previous editions of Best of the Web Weekly Economics can be found here http://bit.ly/16dkN6i. 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!

2 thoughts on “Best in Economics this week: November 8

  1. Pingback: Best of the Web: 13-11-11, nr 875 | Best in Economics

  2. Pingback: Groupthink | Best of the Web

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