Best of the Web: 16-01-13, nr 1369

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?
XZSO-J4T6i6TQ1X4Tvs7hIybc97fmf4my4FND3OtG1tjyuC4dI6kMWjXIDdk_cgZtwIpBZAc4XBkY5z38jQohRB3z-e7A6IryHa9hAGg1jmSv14yMuYVNCdxatudYkbYbDFcX4Dm
http://uk.businessinsider.com/jeff-gundlach-presentation-januray-2016-2016-1?r=US&IR=T

“Multipolarity: The Next Step After Globalization?”
f0OVPQPKz6BukLFOohR1bIeIVEdjtb3hcpsM0L0NadwaAiVRb5vmVzjpfPm57-2TPtp_pefXTyaAI5cLArRczrEgwE-27NuXYXKmNlLBtBM3NaVXJJauoNjlXjEeWi8xj7VUVGVP
http://conversableeconomist.blogspot.nl/2016/01/multipolarity-next-step-after.html

This one needs some thinking over. Still thinking.
EwluIWrxrOka5HF9W93OQxXZNl6xTlvxHBAsdyWIP9YFhFuOu4TTsNmZ5hlmVMcXgB29S46TYTI-roLVxq_SauAc8cd_-YDJpwAd6YV603Wwck0duUeMrw40owlaxrxyFAjXJoZ1
http://www.businessinsider.com/sp-500-total-return-contribution-average-2016-1

I have seen a lot lower break-evens than this…
LrKmC9qv4CX6Q34qhbnFZQOF-ZtJlYAel9l2tVYvYQgjB8uUB9j19Urm4PbI02r4AIBf0K2U-O81xz0rVVmS0A7fSquyye6mtrQbwdndB_uCd6mThQ49hTvCJOBDZF3hz2QLSKo2
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
fqi0sgcDPPYVrbhNo76mrDRnowd-2P-3KsyM7QOB7xBZ3bXwmd8l9WX7l5gxVId-lmGPOEbfOiBV_lr2XtDuFYBGb26R0P3h4Mj4xygQ84Pq1XuGqzopTqdu0fBFwlyJfQbGu06y
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
3fNsHWDuAZOWh89Bvf3LQ3JEee5SABVbEtSred78M4MqHIFQHNgggg7K5dtrk0_HzkpB74aoLt9zKh4vlbRMFAMB7ULusD1dDwTukoHBVXz6CtMPZEVotyqBxDfBspuez9swRmw9
http://equitablegrowth.org/interactive-a-new-look-at-who-earns-what-in-the-united-states/

I was expecting something like this from the Economist
pQpfEZCLas-s8sq6SUc3yisUKxAHQwdk9TXwZHtdS43mPsyO6O9yM2YYA6T5pLP4IrAcFuwE5C0_QZyDE5HUr-1LeIiGa3CtyLa37YJPvz3PA_kmFuAQptmd30e3B7LJRKgbsR4c
http://www.economist.com/blogs/graphicdetail/2016/01/bye-bye-spaceboy?fsrc=rss

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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