Best of the Web: 14-06-30, nr 1025

Good morning. The BIS annual report was published over the weekend. On rising debt and monetary policy
http://www.bis.org/publ/arpdf/ar2014e.pdf

http://www.spiegel.de/wirtschaft/unternehmen/biz-jahresbilanz-grosse-risiken-bei-europas-banken-a-978166.html

 

Pretty interesting year so far: there have been no losers yet…
AyRpOuKBl-M7l68eE8IVWGun8Q2nW-Q0UjoAafHkmP1NJh4CqRwEIlc-si4KGZAyF0hpZZPaD62hKQJae549LNto9cdwKrPOwCR4tl_tvVznhmgJTcAZUcN7vls0CHR4nQ
http://online.wsj.com/articles/broad-gains-by-stocks-oil-and-other-assets-power-historic-rally-1403911501

Best of the week. Last week that is…
AkDvfj3VTyiiHfEYrNfwk5SPQeF17o9FGrVuEKGH-qPdC16gn1bloM5MwriChwEEbEfJfpB8LKAN_w9kG4505XcO_BCs_D0VFbnx906D0uGkl77C8RvXU4FmremqtpAIow
https://lukasdaalder.com/2014/06/27/best-in-economics-this-week-june-27/

The widowmaker…
lInJVArdx9Xjfv1zTWMIFGxnSj-r8wX_6-Ux-g6qIzcV7qpieAYWS0hmRLrPqxa1sc8e3-hFyQOROBjs8KLiUPw-MmxJ9sTvqB5MALfYnTr3LvXE7auVAqJhAm4nT29zKQ
http://ftalphaville.ft.com/2014/06/27/1889702/the-widowmaker-doesnt-care-if-this-is-nuts/

A lot of charts on low volatility….
jQ_eEBd0YKzcRY6RZ7wRoKl7BXgJcz8cd4xPDIm720OEZInQy-BD-5cu4lsA-igP9sK23Mm0A1v8HAR1dpCM9zO6g46E-f9FXj-4KBL_nI2eRaMb1KCcweMkyMjIR5ErPA
http://www.zerohedge.com/news/2014-06-28/13-ways-looking-record-low-volatility

And talking about that: volatility will remain low until August, if history is anything to go by…
D9ppDd9FVCsKnmq3_HL-HZ22UmTwxgK0AsCEMvZZIqjuwQq2LIosTEAWdjBEq7nm8RmG8XA43katsxVWs5Wx8ajOwXuPZID7sFgwplY7sS19GUja-z72X-A2U2Jo55-AoQ
http://www.zerohedge.com/news/2014-06-28/forget-january-effect-fall-season-volatility

Interesting switch: “Inflation Is Not Always and Everywhere a Monetary Phenomenon”
9KzGDsjFE7FcJrro-QBIQbYhnW72_QkgA88loTag79IAUFrnymhUQt2ur6aAUNRlMvNSadZp7XcUo_PZLWFuN0a5n_399_N2aMulrnlEUSzpqxJOY4hapemqM9L-LeDx2g
http://www.dallasfed.org/assets/documents/research/eclett/2014/el1406.pdf

Stiglitz : “Inequality Is Not Inevitable”
PqjlXAAeN3AhAgU26GLkrQdWxMI9isdYC0txgCK6PsOR-RLyw8Z-ymLAbJt216Qx8QvP7gKXp1O_vrP0ngyThqIUqOlVGy42RCyRK2sMB6YHqhONyY4YK90bV-1h0-AgaA
http://opinionator.blogs.nytimes.com/2014/06/27/inequality-is-not-inevitable/

“The great British jobs and productivity mystery”

eJxmkVX39Jj-GVQ_WYRLl29s3kNLk_ufQys2ckQVTrlgQKK0M4VTHT5mnqd3hOUyVIQR1xkCeULD8zN4ZF60JlYzwcZ9jDE3oqWIdIActgrrw126yjLDMnPqt8k5rt12Sw
http://www.voxeu.org/article/uk-productivity-and-job-puzzle

Huh? I thought buybacks were steadily rising…?
Oywo6eupCFgwy8ZHhuJh0agrd5q09wth01veaXHC-erbrMEwrChuwDdjZzQaWXp0Pm74Sgbt6xnfoknj4gT_7zuaAdcfyhQ2mZmemTHiHtVXT_xRWPkbAIm6qjsyCP1miQ
http://www.bloombergview.com/articles/2014-06-27/ritholtz-s-10-friday-reads-the-genius-of-men-in-blazers

…and here’s another chart on the stock buybacks…
RveHXOA4lWYLzTBaVpOtwqP_zvA3RBoMuGTRYVrTCdIghe-hOPzDsMNVP3p1RrlOkB_DWP59TrhTi7wLEotWzkBqS9nC6UnHG_SO_l8QmMiDUu3_oauRS_Iyc588sUN_oQ
http://www.zerohedge.com/news/2014-06-27/why-ceos-love-buybacks-1-simple-chart

And the schedule for the week to come
http://www.calculatedriskblog.com/2014/06/schedule-for-week-of-june-29th.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!

 

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