Good Morning. The Argentine peso took a hit this year. A big hit…
http://www.zerohedge.com/news/2014-01-23/your-front-row-seat-argentinas-latest-currency-collapse
Active is the new passive! Inside joke from the reformed broker, pointing out that if everyone is becoming a passive investor, there are more opportunities for the active ones…
http://www.thereformedbroker.com/2014/01/22/active-is-the-new-passive/
“Pressure mounts for corporates’ cash piles to be put to work”
http://www.ft.com/intl/cms/s/2/1e1b9952-794f-11e3-91ac-00144feabdc0.html#axzz2rEWmP7kJ
…or is it? This is interesting (if true)… Who needs investing anyway?
http://www.zerohedge.com/news/2014-01-23/surprising-rd-chart
A variation on the ‘debt-clock’ principle: lost US output, updated each second… (via @went1955)
http://www.lostoutputclock.com/
Look at the “companies regularly attending Davos” Hat tip @leonmwc)
http://www.economist.com/news/international/21595032-whos-magic-mountain
Ok, stopping the emergency unemployment compensation could drive unemployment 0.8% lower, according to this report…
http://www.zerohedge.com/news/2014-01-23/14-million-jobless-officially-get-emergency-claims-axe
And The Economist has made the Big Mac Index interactive! (for which you need to klick to their site)
http://www.economist.com/content/big-mac-index
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