Good morning. Ouch…! On predicting recessions…
http://www.voxeu.org/article/predicting-economic-turning-points

Looks pretty gruesome, and apparently is based on voting patterns…. How the middle ground has disappeared in the US House of Representatives

http://www.ritholtz.com/blog/2014/04/the-ideological-middle-is-dead-in-congress/

As a follow up on the financial crises chart from The Economist yesterday:

http://www.economist.com/blogs/graphicdetail/2014/04/daily-chart-7

This one has been pointed out more often: where is the lost decade of Japan?

http://www.oecdobserver.org/news/fullstory.php/aid/4318

Deutsche bank on Quantitative Easing in Europe

http://www.businessinsider.com/qe-in-the-us-versus-qe-in-europe-2014-4

Word of warning: the Presidential cycle is about to turn lrast supportive for stocks. And no, results from the past…

http://www.ritholtz.com/blog/2014/04/historical-presidential-cycle-pattern-1928-through-2012/

The Financial Times reports on the ‘fragile middle’.

http://www.ft.com/intl/cms/s/2/e8f40868-c093-11e3-a74d-00144feabdc0.html

And from personal experience I can tell you that the Netherlands is back to rising again!

http://www.zerohedge.com/news/2014-04-14/spot-recovering-european-periphery

And here is a chart clearly showing how important housing actually can be for the economy

http://houseofdebt.org/2014/04/14/the-consumer-as-a-shadow-of-its-former-self.html

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