Good morning. We are on the yellow line!
http://www.ritholtz.com/blog/2014/03/current-five-year-bull-market-second-strongest-since-wwii/
This chart (from the Economic Report of the President) runs against the popular view that (total) productivity growth has been weak…
http://www.washingtonpost.com/blogs/wonkblog/wp/2014/03/10/the-top-white-house-economists-favorite-graph-might-restore-your-faith-in-the-future/
Probably related to the previous: “The benefits of internet innovation are hard to spot in GDP statistics”
http://www.theguardian.com/business/economics-blog/2014/mar/10/benefits-internet-innovation-gdp-statistics-economist
Interesting chart on the earnings in the US over 2013: net income rose strongly because writedowns of 2012 dropped out…
http://www.businessinsider.com/us-profit-growth-weaker-than-reported-2014-3
Still plenty of cash on balance sheets of US firms
http://www.thereformedbroker.com/2014/03/09/chart-o-the-day-still-corporate-cash-everywhere/
China is moving in the wrong direction…. (thks Peter Sainsburry)
(www.bloomberg.com)
Divergence at last…?
http://blogs.ft.com/gavyndavies/2014/03/09/the-feds-next-focus-is-on-wages/
If you see a useful link between these two variables: let me know…
http://www.businessinsider.com/insider-sales-activity-2014-3
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