Best of the Web: 13-12-19, nr 903

Good Morning. Interesting. Stocks go nowhere, the first year a new Chairman takes the helm. Compared to gold, that is…
http://www.businessinsider.com/sp-priced-in-gold-under-new-fed-chairs-2013-12

Taper! The markets wants it!!
j8Zja4uKJB36-9JL4ZxrGZrOH7WdhoUHLEZwHVz_MBtS8s3NPdfLyv7l3Z99o-jiOyiovxpZY7mELagf-CdKZ4LKlGDarhEnR4Xc7E51JJp46Ed558GBBpjFmw
http://www.zerohedge.com/news/2013-12-18/bonds-shrug-taper-smashes-stocks-record-highs
http://www.bespokeinvest.com/thinkbig/2013/12/18/a-taper-to-new-highs.html
http://www.federalreserve.gov/mediacenter/files/FOMCpresconf20131218.pdf

Unemployment will decline further, while inflation is expected to stay below 2% until 2016….
AjzoUZARG7K3bvq7SwOkK5BpHreSeU8To7mLmWiWA1KJUXCbvtVKiLyjiG7G6ZgEe8ryS76SBoH_WAdd_v8GyaiJlSBz9iDJz3BgpltmVSIt1iALYE_dO7HZgA
http://www.businessinsider.com/fed-cuts-unemployment-forecast-2013-12

“EU-Bankenunion: Ein morsches Konstrukt” Ok, I had to look that up as well…
http://www.spiegel.de/wirtschaft/eu-bankenunion-koennte-gefaehrliche-folgen-haben-a-939960.html

Numerous interesting charts of ‘Wall street’s brightest minds’
mTSfPNq6-eQUBORiLwRFlKI2bFUfu7UyR9_78LZ7Dz0MghZGsjxiCwhrlhA5v5IkhItewZnX4Qq5d0l1E95oJNHGjoAmNtiKJLqc8UnMc2NmhG0BDJC5rDqRvw
http://www.businessinsider.com/most-important-charts-2013-12#david-woo-bofa-merrill-lynch-5

…and even more charts; but these are from the Economist
ASAMtDO6FRLLr6Bf937mNVi5h3KUTMkvyl7j_nKALiDkCWO5FfTB6u9KugbYjwCbvpPUXFo562wFtTI5tAJ0oA8e-7lpHvECEc9ir1c_VXkOVcfMmGUMTAKGNg
http://www.economist.com/news/finance-and-economics/21591873-creeping-ascent

Interesting breakdown of federal expenditure on housing, versus debt related cost burden
0ZiZ5p8cQeQM4GfKkMV5POWL4lSmw8YCVFO-KeZ-P3xJuGCNXzfYz7j0ntozfKXNLQSMfP-zHIryvlKPK8XfMOkLiWlG1WGF35guwlMgHDd639qQlBMhNPlQswhttp://www.businessinsider.com/the-government-is-quietly-giving-way-more-housing-aid-to-rich-people-than-poor-people-2013-12

This might come in handy at one point… Or it may not.
P8rxBizaI7u77-kRyO7fFtr7kvh7ynsDhdNYaSYrNrYmL9ccL24otXFvkEG1Mg7CbY5tZftxZTyWx3qmklem6iYuxdOwGRn2MH16g0mIPWZHj0c3rws30FTN-Q
http://qz.com/156030/line-is-betting-millions-that-virtual-bears-and-bunnies-will-sweep-the-west/

If this were an artwork, I would call it The Power of Central Banks…
aFecwwvN2EYWdQ4DqAm9otM8hlI92e0hDqiQPy6XpXM0HPwM4n1anS0eaat8BU-7ktynYZI5ZtDoXzne0-H9hxL5CxdbOj0pIDRZCPZRWYzgzoT8SwHEqScu_g
http://www.zerohedge.com/news/2013-12-18/spanish-bad-loans-jump-new-record-banks-come-clean-over-mortgage-defaults

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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