Best of the Web: 15-12-18, nr 1357

Good morning. One for the optimists

http://uk.businessinsider.com/10-year-rolling-us-equity-returns-bull-market-getting-started-2015-12

It is not just junk bonds that are selling off: junk stocks have done poorly as well…
zrYHho-K7bXcVX3d4ne7z96DxgCSMeRsIgHDgNV4oFr3iRT1Gr6Decl85FK8k4h45PJLqeZyAF6Wi-FbAtTUoYJSXeR8sZO4h0MjIKJwhsJX9_wfuaHWa5KOtyXrRtcdbzQGIezk
http://ftalphaville.ft.com/2015/12/17/2148134/time-to-put-some-junk-in-the-trunk/

Oil: how low can it go?
1CHwn4jbJJQRA_xaxRWmwIBbSZvXLTXC1O_CeT3ClFQME6qkWLt4j3uuH2t9WrLAWCW-6vy9fUX8roOTOnG9tC1ggJKxVrpuSrUiqAgmxJcF2Zxg3FxF2veGwHMPkhXeD6HEgNhw
http://www.ritholtz.com/blog/2015/12/oils-deep-dive/

Well…. Pretty low, it looks like
XW5mDeqXQdSAN40P8Kl9c6f_uTWcvdJmzOnVzE2bAmrir9ysrMVz_B7Tvd0jbKaUhMjJ_a75WT6c3P5iPwTA_zRh5_nQFgLry_iwQ_8KmGrpnT6Q8DmzTmW08X_J2FfXinCfFfVo
https://www.bespokepremium.com/think-big-blog/oil-closing-in-on-2008-low/

Cool chart on how big China is in Africa. It is not happening in Lesotho though…
ZsA1JJte2UcHY54WKosdDf7tBOKOhznd0cazgOzpRUHiyJeM-WWqcf37Gg9sDJAL2vvXTC9NezLuGROmghUqy2sZQkKeM-6CRNblEYDYBpMUz-yaHkExwjQ4Txp9GId8QcZgrTMw
http://www.ritholtz.com/blog/2015/12/chinese-investment-in-africa/

A solid update on underlying inflation developments in the euro-area
xCwC6cdhIP6Uv9SKBaB4eCCBtcYbHkoNCKmjCQ4ZbFVc9jttDfzNIi0FOkDbw4glfVsWTBzd8yN2Vh967GVFIpDWeYNau6843PldtwPJWZjx0nJEQF_tJtZFlVdUVSaJTBivtmKo
http://www.ecb.europa.eu/pub/pdf/ecbu/eb201508.en.pdf

Not particularly shocking, but worldwide inflation has undershot its target
u8IJqwAeRZiI3hbMV9G7GoEk0vqRj5Fr3uNPFYrZA_zPnKZvApUGMwqQeHx3c9qo2EwLDFFmFB4rcH3ZsJKSv57v8r7U0COJCsjxem7-ruNHznVIk0pZ6I9CA92Fv-y8uEj1iOc8
http://bankunderground.co.uk/2015/12/17/global-inflation-a-laboured-process/

 

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 Do not quote unless specifically cleared beforehand!

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