Best of the Web: 14-02-03, nr 928

Ok, this has been a pretty bad start of the year…
http://www.zerohedge.com/news/2014-01-31/dow-dumps-2nd-worst-january-24-years

…and with Chinese PMI for the service sector at a new low, it is not going to improve quickly…
4JSwKiZ5G7nGj6x-Ekj72gxj01quWR8qyzyU1Ej_hgbnophAJgtHGLU0GI50K_bFu43ByiOuXB9W32Mkec15FrtZAtCpqBYCR6uI-pNor58DkCmgDZvubUXbuA
http://www.zerohedge.com/news/2014-02-02/japanese-stocks-tumble-down-10-2014-following-record-low-china-services-pmi

Trend growth: it ain’t what it used to be. Not even if measured per capita…
Ak5w-Lap8IGWQ0jWL_6i8kSE1mhwxisZtYqcCtiepJBQgCzg3r3ZoY81s67085Ue7xo1cR5tNMzp2zyHiGEGDntCafIcIsm44Geu20ywnv6cT89Msy1lc1IQqg
http://www.economist.com/blogs/freeexchange/2014/01/americas-economy

…and speaking of trend, here is an IMF study on potential growth in Emerging Asia…

22ZALBiXYtsL8nRtzavENWeQ32W0r9F58YoZQgnZFWpRGpBKkL--xHKo_cjzD_IQm3GjdJc_gxN8twjA1bhGKzQU5DiBtN_6FM9oR2hNAQU4PG4zV4CNYtrawg
http://www.ritholtz.com/blog/2014/01/potential-growth-in-emerging-asia/

Well, and that’s why I am not a guru! 🙂 “Gurus Achieve An Astounding 47.4% Accuracy!”
oYRC7KXG14vknJJVTVtkkKUlDUGYX5F9Pakr1huWsfDKGC6ZOggdOl2fZB_iC3KHgkiwYHpX7dmCNY7ZzvM3i8G1nXHIychEPHCFbTpx3Tynq-Lspdk-bPlNCg
http://www.rickferri.com/blog/strategy/gurus-achieve-an-astounding-47-4-accuracy/

Best of last week on financial markets and economics. Just follow the link. 🙂
wxYU_ZGiYqnENIj0sr0gayoQZUGSuWkhUcksJux3uqh1eeZ9Mnn239n5FCXHMFnB0vN5aLpAzN773UJiasH-mFYeyo6wNdrQWDipxPzC_i5BWojOVuG2-ra_jA
https://lukasdaalder.com/2014/02/01/best-in-economics-this-week-january-31/

Nice chart, but I am not sure whether there is a useful message to be found here, I am not sure. Japan was in the lower quadrant two years earlier, for example
ZR3VENsQKmKgYCuQ7qLfwOjwSQXEjT6VdwyaRhufrnUI47cH7iIbOO2ug_xVRhPDgmwNttcepqAjkGlaLSM1VWcouc6ZmKfDLySoNKBh5CF981hoXsEK8GVqzg
http://www.ritholtz.com/blog/2014/02/sovereign-debt-stresses/

“Why the Rich Feel Besieged: A Checklist”
7ldbM0EuFDRQoWhrK4y6bwAcB4m8ZseHOm4kfryq7uZ6R9YUu8Awcp4ouH__DvCOp4L-vvaYQ8OjpHW3ghpN_iXj-wQF1Pls0C3NhUNvaL8v6bm8ZvndCIVB2Q
http://www.motherjones.com/kevin-drum/2014/01/why-rich-feel-besieged-checklist

I guess no one is shocked to learn that capital has moved away from Emerging Markets. How much? This much…
Hfu_Np-ipHoLS_QRRzdKYITQ2c9XqhbOzIJVxvTeGTzk2eY-_f9IvmaH-oReRqHOcdUfcgF1kScT0AzshjZ4Pa2cPny_co7O2B5LduX3wBSAf0AQc48JsYrTlQ

http://www.businessinsider.com/financial-advisor-insights-january-31-2014-1

Distribution of wage earnings during recessions…
6PxzLdnJW-HuHqBBJYv4a-XekEIQRLM3W9to0avfz2klrHKseJ-xwoZisFvuTgi2nOekyZb7MTTIcp1FbFOUu84-RZVdTOYbP-7MJpSX3taie_gnakKePEVz9A
http://www.federalreserve.gov/econresdata/notes/feds-notes/2014/how-does-earnings-risk-for-americans-change-during-recessions-20140131.html

And the schedules for the week to come!
http://www.calculatedriskblog.com/2014/02/schedule-for-week-of-feb-2nd.html
http://blogs.ft.com/beyond-brics/2014/02/02/the-week-ahead-feb-3-7/

Very nice overview of all the world’s tallest buildings. A lot of them used to be in the US….
Kuw0VxhRcAr3RgkZjulduc6jR-9CCjSbeBJQijnyYOUXvApu6fqb9npvo5g4-QEdAR7IYbRR3paOjQnltcB00VleQvBYLRTotKpW8eDR_1QaSOrI1PznUigb-Q
http://www.zerohedge.com/news/2014-02-02/chinas-epic-skyscraper-construction-spree-harbinger-crash

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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