Best of the Web: 14-04-09, nr 975

Good morning. And…. We are off! Alcoa just kicked off the first quarter earnings season! It doesn’t look too bad…

http://www.businessinsider.com/alcoa-aluminum-demand-2014-4

 

From the Fed: “Age Discrimination and the Great Recession”

qblnmP7KiAk79g4RFeeho3Cq9axa2BNlJSZniLfQU7yZKIBLQ2pceYrFH5NJutCwaaM1soHWHfWCjdCNWN7hC4rlL6ABdwvqyZaXYt5KXrJIGQ8PK3OvSajNcUQM915v4w
http://www.frbsf.org/economic-research/publications/economic-letter/2014/april/age-discrimination-older-workers-great-recession/

It must indeed be booming business for Bloomberg to write this: “Manipulate Me: The Booming Business in Behavioral Finance” Mental note to myself: check out those apps!
http://www.bloomberg.com/news/2014-04-07/manipulate-me-the-booming-business-in-behavioral-finance.html
http://www.bloomberg.com/slideshow/2014-04-07/apps-that-nudge-nag-and-manipulate-you-into-financial-health.html

Bill Gross in the Investment Outlook on sharpe ratios (and more)
Eb6Eau3WeMtghbsMbFif2zLhRwqTaWmOKrb6Nb1vI3_9KIIYOIsfAAzgIZvoNVgKREISgQcUEwakE9sTH2n3AGsZ_3b3thpR2FqITUBi0qt9_nKIdIBlFWKwhRIyAHLobQ
http://www.pimco.com/EN/Insights/Pages/Bob.aspx

The IMF publishes its World Economic Outlook, with lot’s of charts and information…
LnRJhRvnUC1F1wjBBJjGldKJFbtalfg7fwkR1fVVlsDqLJqdkZK3D1yeIlzZyxbPfMeGumLck7FxgO4O-PkJRCMDYf2g1QEZi85xw5TdkfPqU8dCQAcvDaN5dlUIKTl9lA
…with a special feature on commodity prices
VBBo56IhFR6zd1gNN6knyM5_ycN2WDwOhJi8FFz2XDV0Y-34KvHoLQ-5ijNha0aymcTxRlYzZ0wVzN40C-ezxPNRbQva9JD_w4CWC0DRFVN61ecgsed3PzGWEt7IGg1k1g
http://www.imf.org/external/pubs/ft/weo/2014/01/pdf/text.pdf

US household debt has declined quite a bit in recent years…
3C4vCpTyKhwZoPVbFD-_hRiapaWWZ44FRnacejufJmwtAkZIackPh_awIZeNb8F_edWI1i73qKled5fatBZKZNEyaRARB5nEz2XDn4gq4PjI4AI3rjgwjLFIArXBYtg29Q
http://www.businessinsider.com/household-debt-2014-4

And this is a classic as well, also on the US.
en_LcvYgo3Odbps72jFCyuJ56fa3_SOkObmOxU45MVfF-2YXpL4lscNO0JVx85wXnIMKFzwp4idRsvBLMC7M21TbADRCZaH8zuIvik6xRk80IetJ3gByT1l3_f-sox990Q
http://www.businessinsider.com/gerard-minack-on-profit-margins-2014-4

…and while we are still on the subject: this is an interesting chart…
ePcsKbC0gUlRtdPoQbHfUpE27VVcExFNZbJsqm8vOAPDDnUcE7jxfIrDd4JlJ7tpEOfv2r6Ut67rDSQbnuIsdGpiOmdFPM3Cr6riseLClhwMwNGR_L6TYZLhchQykn1E1g
http://www.businessinsider.com/shiller-chart-shows-why-recession-is-years-away-2014-4

Well-known fact, but the picture drives the point home. The US budget is mostly going to:
4J_bbwNfxQJ88hiv5WNhUj12kB1Y9kwP49IUvuTOh9noR7xTOSMnkdSSntdpoFsrGFfrumvX8pG4Hj3QTyKyjFfF_Ehws39uPzQzvLCXolkyQ4nQKedoC3bdtJqH7MPftA
http://www.offthechartsblog.org/just-the-basics-where-our-federal-tax-dollars-go/

Vehicle deaths have dropped significantly in the US and here are a number of charts to explain why
u4QnncCWo6O032-J33jqp3J1lelj43yHXO07lqMGvOOqAn5IITbsCMjNEte3oPIQvZ9uDeS9yQsDpMv84OOCFyLDzDP09syu5Y7MIsg3qDkfPLX3uL1v7GMaFQliNnJFQQ

http://www.vox.com/2014/4/2/5572648/why-are-fewer-people-dying-in-car-crashes

I feel a new theme coming up. The those-hopelessly-optimistic-analyst theme
GLE8PFIsXQXTNJzgjQCw6WkP1fuDp12dx4ypUyTY5CQZzMl6iBx7m52yJ4Rt7V9fkrFvj79yM6NqZHo_5LpENVqQQn25wKTUNumgzXsc0Lhaph1Jw3dR8Esccnmfgp26Mw

http://www.zerohedge.com/news/2014-04-08/why-do-you-listen-analysts-earnings-hopehype-edition

 

A complete overview of all previous editions of Best of the Web can be found here http://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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