Good morning. 33 seconds worth of retail spending in the US. A variation on the debt clock theme (via http://www.ritholtz.com/)
The moment we have all been waiting for: suggestions that central banks will ‘monetise’ bonds (keep them indefinitely) is now being talked about… And Japan is the obvious first
Unit labour costs: some thoughts from the OECD
Mmm. So much for the decline in banking… (paywall)
The Fed reduced volatility in rates, but is appears to have increased (via @leonmwc)
And, to stick with the Fed a little longer: these are the projections issued on Wednesday…
A long-read on active asset management
Certainly not perfect, but still: I have seen worse…
Oracle’s track record on capex versus stock buybacks
I have shown this one before, right?
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