Good Morning. “So far, earnings season stinks…”
http://www.businessinsider.com/q4-earnings-season-scorecard-2014-1

IMF warns of capital flight risk…?

http://www.ft.com/intl/cms/s/2/918a42a8-8291-11e3-8119-00144feab7de.html

Best performing asset class this millenium? It might surprise you…

http://www.businessinsider.com/best-performing-investments-since-2001-2014-1

Numerous interesting poll outcomes on the Bloomberg website, from economics, financials markets and.. bitcoin!

http://www.ritholtz.com/blog/2014/01/global-investor-poll/

Cool site that let’s you determine how much earnings are off from the underlying trend. I just put the starting point at 2009… 😉

http://researchaffiliates.com/Our%20Ideas/Insights/Fundamentals/Pages/F_2014_1_The-Profits-Bubble.aspx

The 85 richest people of the world own as much wealth as the 50% poorest according to Oxfam.

http://www.theguardian.com/business/2014/jan/20/oxfam-85-richest-people-half-of-the-world

Income inequality, but then on a worldwide basis. From the Worldbank.
.

http://www-wds.worldbank.org/external/default/WDSContentServer/IW3P/IB/2013/12/11/000158349_20131211100152/Rendered/PDF/WPS6719.pdf

I am not sure whether I am shocked about markets trading in anticipation of an FOMC meeting, but it is a nice overview of relevant literature nevertheless
http://www.nber.org/papers/w19814.pdf?new_window=1

And, one more on those US retailers being hit. (and no, this is nothing like 2007)

http://www.zerohedge.com/news/2014-01-21/stocks-mixed-bond-yields-drop-and-vix-pops

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