Good morning. The world cup of…. eaters of animal fat! (and numerous variations like that) (via @went1965)
The reason why rates are so low? A shortage of new bonds, apparently…
http://www.bloomberg.com/news/2014-06-10/bond-shortfall-of-460-billion-seen-boosting-debt-markets.html
….but, look! Let’s see what happens if Japan reshuffles its pension fund… There is only US 1.26 trillion invested there…
http://online.wsj.com/articles/japan-public-pension-eyes-autumn-reshuffle-1402403584
Well. At least ‘covenant lite’ sounds like a less desperate sell than ‘Subprime AAA’
http://ftalphaville.ft.com/2014/06/11/1872852/those-who-forget-the-past/
Numerous charts on the Chinese housing market
http://www.zerohedge.com/news/2014-06-11/mindblowing-fact-day-china-has-over-52-million-vacant-homes
And speaking of housing: the IMF is worried that prices are rising too fast again
.
http://www.ft.com/intl/cms/s/0/91bf83de-f17f-11e3-a2da-00144feabdc0.html
I am not sure whether this chart is supposed to show that rising minimum wage leads to recessions, but if it is, I am not impressed
http://econbrowser.com/archives/2014/06/more-curious-correlations
Cool overview of what happened to the US stock markets over the past 100 years or so
http://www.businessinsider.com/evolution-of-the-us-stock-market-chart-2014-6
Some beautiful pictures taken from google earth
http://www.fastcodesign.com/3031660/google-earth-screenshots-reveal-our-planets-beautiful-pattern-like-designs#10
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