Good morning. One day late, but still worth it to show it: normally, bond markets sell off on days of FOMC releases…
….but not so, yesterday (third chart)
http://www.zerohedge.com/news/2014-04-09/vix-slammed-dow-recovers-post-fomc-losses
The Financial Stability review by the IMF. I always wonder whether this is forward or backward looking…
http://www.imf.org/External/pubs/FT/GFSR/2014/01/pdf/text.pdf
In case you missed it, Piketty is the hot thing right now. Piketty? Here is “the short guide to Capital in the 21st Century”
http://www.vox.com/2014/4/8/5592198/the-short-guide-to-capital-in-the-21st-century
Another worrying sign: companies are releveraging…
http://www.zerohedge.com/news/2014-04-09/citi-warns-leverage-clock-ticking
…and remember: corrections are just part of the game. According to Goldman there is a 67% chance for a 10% correction this year
http://www.zerohedge.com/news/2014-04-09/goldman-warns-67-odds-10-market-decline-next-year
Can this be true…? The relative performance of various funds after a morning star rating.
http://www.businessinsider.com/financial-advisor-insights-april-9-2014-4
And another bullish story about the upcoming capex boom
http://soberlook.com/2014/04/capex-about-to-accelerate-4-key-reasons.html
Women have been steadily closing the gap with men…
http://www.washingtonpost.com/blogs/wonkblog/wp/2014/04/08/the-end-of-men-in-one-chart/
The diverging fortunes of the old Russian satellites
http://www.economist.com/blogs/graphicdetail/2014/04/daily-chart-5
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