Good Morning. Update on the ‘big crisis’ employment developments

http://economix.blogs.nytimes.com/2013/12/06/financial-crisis-recoveries-compared/

If the Fed expects 1.7% growth next year, it would be considered weak, but look how this is perceived in Germany…
http://www.spiegel.de/wirtschaft/soziales/konjunktur-bundesbank-prophezeit-kraeftiges-wachstum-fuer-2014-a-937540.html

BIS quarterly review was released over the weekend. With lots of goodies on financial markets!
http://www.bis.org/publ/qtrpdf/r_qt1312.htm

Best of the Week. Also quite a collection already!

https://lukasdaalder.com/2013/12/08/best-in-economics-this-week-december-6/

Written by the Fed itself: “When Might the Federal Funds Rate Lift Off?”

http://www.clevelandfed.org/research/commentary/2013/2013-19.pdf
http://blogs.wsj.com/economics/2013/12/05/unemployment-wont-hit-6-5-until-2015-fed-research-suggests/

Interesting read on a 240 year old Dutch financial crisis…
http://qz.com/154235/what-a-241-year-old-dutch-credit-crisis-tells-us-about-market-optimism/

Article on why the federal unemployment insurance should not be stopped just yet

http://www.businessinsider.com/heres-why-rand-paul-is-wrong-about-unemployment-benefits-2013-12

Much ado about nothing…

http://www.businessinsider.com/november-jobs-charts-2013-12

Nice chart on deleveraging in European banks

http://ftalphaville.ft.com/2013/12/06/1714872/stressed-out-about-deflation/

Presentation trying to convince us that there is no bubble in stocks…

http://www.businessinsider.com/liz-ann-sonders-market-snapshot-2013-12

And the schedules of the week to come
http://www.calculatedriskblog.com/2013/12/schedule-for-week-of-december-8th.html
http://blogs.ft.com/beyond-brics/2013/12/08/the-week-ahead-dec-9-13/

The 80 most powerful pictures of 2013!

http://www.rsvlts.com/2013/12/03/powerful-photos-2013/

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!