Good morning. Housing prices in a number of developed markets. The starting point influences the outcome of the picture hugely though
http://www.bespokeinvest.com/thinkbig/2014/6/22/global-home-price-values.html

New all time high’s in the US, but what about Europe?

http://blogs.wsj.com/moneybeat/2014/06/19/heres-how-much-upside-is-left-in-european-equities/

Could be interesting: “What the Gap Between CPI and PCE Means for Fed Overshooting”

http://blogs.wsj.com/economics/2014/06/20/what-the-gap-between-cpi-and-pce-means-for-fed-overshooting/?mod=WSJBlog

The best of last week. (source picture: http://www.ippawards.com/?project=2014-winners)

https://lukasdaalder.com/2014/06/20/best-in-economics-this-week-june-20/

Study from the IMF into the effect of tapering on Emerging Markets

http://www.scribd.com/fullscreen/230349435

Last week’s big news: more than 50 million people are on the run…

http://www.economist.com/blogs/graphicdetail/2014/06/daily-chart-14

And still everybody wants to work in the US… 😉

http://www.businessinsider.com/us-vs-eu-fatal-occupational-injuries-2014-6

The ECB has been active over the weekend. Hwew’s a speech by the vice-president on inflation…

http://www.ecb.europa.eu/press/key/date/2014/html/sp140619.en.html

…and here is an interview with Draghi in the Telegraaf! By @martinvisser
http://www.ecb.europa.eu/press/inter/date/2014/html/sp140621.en.html

Some interesting stuff from the Financial Times on Emerging Market bonds…

http://blogs.ft.com/beyond-brics/2014/06/20/em-liquidity-going-going/

Interesting bit of history on bad investments by a University

http://www.takepart.com/feature/2014/06/17/yeshiva-university-loses-endowment-hedge-funds

The difference between 2005-2007 and now… I am not that convinced, to be honest

http://www.zerohedge.com/news/2014-06-20/low-volatility-vicious-circle

And, as ever, the schedule for the week to come
http://www.calculatedriskblog.com/2014/06/schedule-for-week-of-june-22nd.html

A complete overview of all previous editions of Best of the Web can be found herehttp://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!