Good morning. Cool chart on corporate defaults in Emerging countries. Rising, except fo in Latin America

https://www.bondvigilantes.com/blog/2015/05/21/sorting-micro-macro-emerging-markets/

The distribution of GDP per head within all the European countries. Look at UK..

http://ec.europa.eu/eurostat/documents/2995521/6839731/1-21052015-AP-EN.pdf/c3f5f43b-397c-40fd-a0a4-7e68e3bea8cd

Readable overview article on what the causes may be behind the lower productivity growth
http://www.wsj.com/articles/the-mystery-of-declining-productivity-growth-1431645038

If you want stocks to look cheap, just ‘adjusted’ for inflation

http://www.ritholtz.com/blog/2015/05/stovall-inflation-expensive/

Nice article on rating up- and downgrades. Red is developed, green is emerging.

http://www.voxeu.org/article/sovereign-rating-changes-understanding-asymmetries

The boom in Artificial Intelligence startups…

http://www.bloomberg.com/news/articles/2015-05-20/the-10-hedge-fund-supercomputer-that-s-sweeping-wall-street

And here is another boom: in Fintech

http://uk.businessinsider.com/these-2-simple-slides-show-just-how-hot-fintech-is-right-now-2015-5

Very cool overview of almost every living animal on the planet. Red leaves are endangered

http://www.onezoom.org/

One of the costs fintech is not bothered with

https://www.economist.com/news/finance-and-economics/21651811-more-wrongdoing-banks-more-swingeing-fines-no-prosecutions-justice

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