Best of the Web: 15-12-17, nr 1356

Good morning: “One small step for man, one giant leap for the Fed”

http://uk.businessinsider.com/fed-funds-rate-chart-2015-12

Not the typical stock market reaction you would expect following the first rate hike
1r8FpvZQo6lF7-JfEFNuDyvl_pijryk-N2fG_ZAids_9zXs_tYLHguHarCAZyI-2WvZMTMRitH1NKaB5wAg63MWXbyCzvF4iTOAcc1FkmakJfCniHog2aWhNVym8IX59sA5rBmkt
https://www.bespokepremium.com/think-big-blog/defensive-sectors-lead-sharp-gains-for-u-s-equity-market/

The next part of the table has been filled
Qq21uuzTdhIN4plX4c1gmm9a_RPqPh5T9nULJCT2vCtdWSgd6QlFuWzQfpHV8NVuNLRvBtE4H8jXQvzMkbg3gj8blW6wOYD39cLzB3T5BMT8JMAyLWSggCjJSkX9VUFN7d_NROtb
http://awealthofcommonsense.com/uncharted-territory-in-the-fed-funds-rates-cycle/

inflation, deflation: a pretty even draw…
LTgiaMjx0lTiDCIqqLRTqIaslwMItD0DJ-bgRvUOoeMN0lYAZoVYF2j2Qrq3cEF-hk3U7f5tpMpe2L4dJIaDAy8k0a5MFSUpfprCLcWXOaBKO27i9wI4XsjheHffAloO97aVzWgf
http://blogs.wsj.com/economics/2015/12/14/a-brief-history-of-u-s-inflation-since-1775/

I haven’t had time to give this the attention it probably needs: the crisis program review of the IMF
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http://www.imf.org/external/np/pp/eng/2015/110915.pdf

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 Do not quote unless specifically cleared beforehand!

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