Best in Economics this week: December 4

Cool overview of the investment cycle

aDQRQ9e-h57jEsCTO45MGEDkN-zOLIfpYDFIHEibO1gL_rJkmJZP4OB-3OUTiW4x-M2aR2atf3pXPQR0tNTF_jX9YNTeXZ6DOI7d0tE1FDFbuj7ffeGUfqGEUk7dckBcNwU4nZix

http://www.wsj.com/articles/companies-shy-away-from-spending-1448931106

Another sign that the ‘rally’ is carried by only a small group of stocks…

HNEwarDnljd19ShYBnezIGpnSXOWZZmhLr6MnMcUCTo1-IEbGVAV_6lF4XD7FFVuRwq2OgeJ1OGeDQ4wyytrfumxiM9zeWwidvnYWO-8iJDWg4loXa_tEOo_JHujThnsFiUVao4I
http://thereformedbroker.com/2015/11/29/another-banner-year-for-hindsight-capital/

Some thoughts on that Chinese devaluation
0SkwBAUaTFaeusxjbaHtQqBDdu59oewkPH2jIbAuikdJD4AN-p839YdayHpLF-ao8lR_Hha-JQrRKylK0C2p26EiACxihXWrG8uPJmKk230aVupKp2wgF5MacDc4hezkM1g1AocI
http://ftalphaville.ft.com/2015/11/27/2145991/what-are-the-chances-of-an-actual-currency-crisis-in-china/

Timely publication of the country report on Sweden by the IMF: the impact of migrants…
lTzHE-AcPhtpkbZM11xzUFbcvqZZo9Lt6_lQhvHJCg9cOQ3xxVsAHzOpj6XdLse5HP4ZOysQqY3TOLfK0iYaMC2CHXfdkiy31um4t5l99BqDD4icQOEI-w9maOGqtwKmUY_IqF8I
http://www.imf.org/external/pubs/ft/scr/2015/cr15330.pdf

The rise (and rise) of the US debt market
W7rD5k43hTDfyW4qwdsn2owQDD4kLde1w7fo7b3nDFFU2pOAvjEHYtqVGDN8Sy2oQpOnQ2Sq6UMi0MwjMmeBIBu5ohoC7fw1hMCFZh4NWAfaOAP9OeW13GLLwQ4zbbv3-PNQrmKh
http://ftalphaville.ft.com/2015/12/03/2146520/default-risk-increasing-and-not-an-independent-credit-checker-anywhere/

And the risk profile of the debt is also weakening…

ajwvc2dfMO-p3VKizFO64lFDKHhBNFKFP22CUOaX1iyBdcZf8sQhW5mWb9NxgPCMD3XsjpnW3ST2tVVcVpjkn-1Ojv_hdVY5N0gRIQLzRvbMvMPtS9fWEOyttVSJ25NpdvvvkL-A

http://www.nakedcapitalism.com/2015/12/wolf-richter-distress-in-us-corporate-debt-spikes-to-2009-level.html

And we know where this can lead to…

8lUmL3sdci0rR5HIGIcMA7W8I6YVWTjcT3BEC1y_9WZsh9r2Nnp9len7gUUoNE-WyKQmtucy0yO11FTABzmmXomtgD0BbmkeHD3bxjLfIWDRuFgYkMC7dMjnus3FQsEdVsiv2x-P

http://uk.businessinsider.com/negative-interest-rates-in-switzerland-have-made-people-argue-whether-cash-should-be-abolished-2015-11

Ageing. For real.
ZNYjSHULTwyZQk2uXQKXMMTnPfpiTLiDEpa2t28S9Z_nrac_S7tot_JlwhitKzQRAqdUG_wLTvvA6sTclwECLI0Qmxtxj0Qo-yipu9nGNIDKoR85qNQkN8B7qBzepivOE90UqJ_Y
http://uk.businessinsider.com/hsbc-report-on-the-global-demographic-shift-2015-11

A cool bit of history
6Rtzq1ldCjVywLIPvSTraxIGUq4oruHpZsa9TVlk5v9O-Sk4YLZJQwPHoT5xZpqr_2o2IsqovNd4mDTxqvmnR-Zc3Omw3JH3nSAAhGD1jtmCHmkcl60Flll_Rkfdo3nrWeFRKEV_
http://www.bradford-delong.com/2015/12/must-read-and-the-winner-for-all-time-in-terms-of-success-at-extracting-as-much-wealth-from-the-workers-as-possible-g.html

FANG.
3rsEdT5Mmrsq2P7_m-jQyz6cYxEi1vC7LztO1qoTFhxPJScrzIKR_-n9p0cJESn7_XWnHdxPN1hoOU-IuKzXlsY9V12kZUYjfNQOGydZxF-quMzikkLqOzXOvIOCuPLp7GAPtBWY
http://jlfmi.tumblr.com/post/133953173810/is-it-too-late-to-sink-your-teeth-into-fang

Ah, there are more sensible people out there: the diminishing returns

ritholtzreads

http://www.bloombergview.com/articles/2015-12-02/ritholtz-s-reads-vanguard-deals-a-body-blow-to-wall-street

Even if you are a non-believer in global warming, you still like this site for its cool overview

vRjeZYXkDKEPTfBXYb0A_lEdGMpqZ9DS3ZIiydBtOink183P0wutSMvJNaj5OwvRrO5Fg72Lrw86ZsVrzdBXSYJ6y1B5IM1z2oXVDh12AOA9yVYLTMiCYinjsNMN9d7pmZ0xSl8w

https://www.washingtonpost.com/graphics/national/gauging-climate-change/

Here is how the distribution of hourly earnings have shifted over time

Bg9nd0PhxZf_SUymeD4wID5-6Mn2DnDOk7DBVPp5euKhePJqGUb4g3vj8ckf5bnXONUgKZaK5nmFY7wKFNiP4v4C2zuRS1ta82oKsCP22Am3do4rMf_9U1RdcA-K3lr36xtLKYRj

http://visual.ons.gov.uk/more-jobs-being-paid-close-to-the-minimum-wage/

Time to play the reversal trade?
tqQWLYFHGYsH35MduNAGwSbz0161pQ1vjU6Fd9s4pyk0KDUQq2Lk2d3tM8s2I94IYh8DkPS_1VgPV96qk77xJoLhUD0G9Kqkip2dh9nrHG7mp6AfcDmxn3su4o60529KxIc4Rl5S
http://uk.businessinsider.com/worst-stocks-outperform-into-february-historically-2015-12

 

A complete overview of all previous editions of Best of the Web Weekly Economics can be found here http://bit.ly/16dkN6i. 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!

One thought on “Best in Economics this week: December 4

  1. Pingback: Best of the Web: 15-12-08, nr 1349 | Best of the Web

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s