Good morning. I was wondering when this chart would start to show up…

http://www.zerohedge.com/news/2014-10-18/jim-chanos-lesson-shaped-my-understanding-how-fragile-system

The one market that seems to have been unphased in the recent sell-off: credits

www.bondvigilantes.com/blog/2014/10/17/drifting-apart-decoupling-usd-eur-credit-spreads/

Now here’s a twist… “Japan firms want government action if yen weakens: Reuters poll”
http://www.reuters.com/article/2014/10/20/us-japan-companies-idUSKCN0I902L20141020

Best of last week. No kidding.

https://lukasdaalder.com/2014/10/17/best-in-economics-this-week-october-17/

Liquidity injections by the various central banks

http://ftalphaville.ft.com/2014/10/17/2011852/it-takes-200bn-per-quarter-to-feed-the-machine/

The Bill Gross effect in High Yield bonds?

http://dealbook.nytimes.com/2014/10/16/pimco-and-other-big-firms-could-face-liquidity-crisis-in-risky-bonds/

Lower oil prices

http://soberlook.com/2014/10/the-good-bad-and-ugly-of-falling-energy.html

The way Keynes invested (wll, the first 25 years of this chart)

http://www.voxeu.org/article/keynes-asset-management-king-s-college-1921-1946

In case you wondered: “How Are Economic Inequality & Growth Connected?”

http://www.ritholtz.com/blog/2014/10/economic-inequality-growth/

It continues to be a clear change in trend: labour productivity no longer automatically translates into income growth

http://assets1b.milkeninstitute.org/assets/Publication/MIReview/PDF/16-29-MR64.pdf

Some thoughts and charts on Ebola by Goldman

http://www.businessinsider.com/goldman-sachs-on-ebola-2014-10

Some fears on the possible return of deflation

http://blogs.wsj.com/washwire/2014/10/16/5-reasons-to-worry-about-deflation/

I think this is the last inequality piece I am going to show, this month…

http://www.vox.com/2014/9/24/6837959/ceo-pay-ratio-us-vs-global

And this week’s schedule

http://www.calculatedriskblog.com/2014/10/schedule-for-week-of-october-19th.html

A collection of beautiful autumn colours…

http://www.bostonglobe.com/news/bigpicture/2014/10/17/autumn-colors/TNKKGsQc3SDKKpc5h5kGwN/story.html

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