Best of the Web: 13-11-26, nr 886

Good Morning. I am sure I have shown this chart before, but I am not sure that it included the red bit…

http://www.businessinsider.com/economic-center-of-gravity-map-2013-11

Come on people: we can get it to the number five spot, can’t we…?
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http://www.businessinsider.com/post-war-era-sp-500-returns-2013-11

Interesting podcast by Mokyr who is rejecting the Gordon/Cowen critique that growth will remain low…
http://files.libertyfund.org/econtalk/y2013/Mokyrgrowth.mp3

http://www.econtalk.org/archives/2013/11/joel_mokyr_on_g.html

Nice one: US companies are paying the lowest premium on record to take over rivals
GaFTNytnd_D4nhRjZPDD1HWKtUTIYro8mC1T48UDrDYFuuofdz0Lzo7emun7kirLaQ4HRG4fsOhZa0uoJl0cDsB8hZ5ZNe9bxdPk_Jfa6-dTZmta9NTEA6D5WQ
http://online.wsj.com/news/articles/SB10001424052702304011304579218073452512200

Might come in handy sometime: an article on foreign currency loans in Europe….

ahSimIn3WtkzrZ6HxukqWtSkzyMa_2ZWt4Du0LlDTCLaA89ST7qjsV-wz4r6GfVXuGG5_SACgqhIuc9a35uiiaL1WVEACokMpc1tId6vkraP4czTe7CDrAXMwg
http://www.voxeu.org/article/foreign-currency-loans-and-systemic-risk-europe

Der Spiegel takes a look at government bonds held by local banks…
KyRVKzWMc3iU4dX4JZicZ6I2gB8i86JZIKttEUyfEljfpgnEDekwMrjvkTQWt6CnF3sdnuar8dXaOvEA_9_I0w-tPJudFd5xSsbhUkQnMH25VWZO8dn-R2ypwA
http://www.spiegel.de/international/business/ecb-holds-back-controversal-bond-recommendations-a-935540.html

Old news, but still: it is remarkable…
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http://economicsone.com/2013/11/23/two-amazing-charts/

Coincidence or is it more…?
99AzS7vDIyoh0jxXYeIIlVrxMTRS-cFyK_FYPhTaBsiVTgD7loXD7FW8ngyKzHaclDEHkSiGZr9kCF0rhRmXEe-_aZ5cTs2ahVTdUVz_TjDsHTQo4kjJRT7rVg

http://qz.com/150803/one-more-sign-that-the-feds-taper-talk-really-did-slow-the-us-housing-market/

This one keeps popping up from time to time: the New York taxi medallion price….
x_3JUZzu-wy7YEICn8J514KHCjylx9RGOXj69GSPWcfmbDjGi_hASCyk2xobpYxrELMUIgmJpXqSZ_K8YrKUuG2lhfdE3HvHqYQTg74tYUjhN9e7m8vg0hnPKg
http://www.zerohedge.com/news/2013-11-25/returning-2706-past-40-years-best-performing-yellow-asset

Interesting chart showing the link between volatility in equities (VIX) and the high yield spread (via @eelcoubbels)
SUhwBQOdcbFdztzw90o_UVqmfL4ohWbX_rU2vvXp5lixt2t009tdvzGhFbOhcRkTdXv7QGEoDkEEyPfw4bZoG2KwqlrloA8eg5dyImizSzx-KFoL1YGhuSeMKw
http://www.blackrockblog.com/2013/11/22/quiet-market-front-2/

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!

2 thoughts on “Best of the Web: 13-11-26, nr 886

    • For stocks the most famous index is the VIX in the US(with liquid futures, and trackers/ETFs), and VDAX in Germany (for example), in bonds it is the MOVE index.

      In all these cases you ‘buy’ volatility by buying the implied volatility underlying the option markets.

      Lukas

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