Good morning. Another indication that that US recession is not in the cards yet

http://uk.businessinsider.com/why-ubs-not-worried-about-us-economy-2016-1

Then again… “if ISM manufacturing is not important for the economy, explain this” For one, why does this chart start in 2004, second, why nominal GDP?

http://uk.businessinsider.com/jeff-gundlach-presentation-januray-2016-2016-1?r=US&IR=T

“Multipolarity: The Next Step After Globalization?”

http://conversableeconomist.blogspot.nl/2016/01/multipolarity-next-step-after.html

This one needs some thinking over. Still thinking.

http://www.businessinsider.com/sp-500-total-return-contribution-average-2016-1

I have seen a lot lower break-evens than this…

http://www.ritholtz.com/blog/2016/01/oil-price-break-even-point/

As goes January, so goes nothing. A bit of reassurance on the January effect

http://www.ritholtz.com/blog/2015/01/as-goes-early-january-so-goes-nothing/

Compare wages in the US. And be surprised by clicking on the ‘How high?’ button

http://equitablegrowth.org/interactive-a-new-look-at-who-earns-what-in-the-united-states/

I was expecting something like this from the Economist

http://www.economist.com/blogs/graphicdetail/2016/01/bye-bye-spaceboy?fsrc=rss

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