Best in Economics this week: January 22

An interesting and easy to read blog on the productivity puzzle: mis-measurement or misallocation?

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http://jaredbernsteinblog.com/the-productivity-slowdown-mismeasurement-or-misallocationor-both/

Cool two charts. Looks like investing is easy after all. If you know what the economy will be doing, that is
gy1lhjXI5R52TOs7PMmgyuSXZaLx1_19EqlRYdLCFsXQknT8tw7mQjtWQVsnFiGUewuK0bTlNSSqkinGmG9Kmn4QKwIygnjvF1EsofGkgge7G30U_MZKRR5yK2Te4Q6lANVvaLPT
http://www.voxeu.org/article/ecb-and-fed-comparative-narrative

The dominance of the oil trade…
FQF0b9Ydh4stiLTQ8GM6nPesL4DjqkkTfXAL_uRq_govRTQy7lzU1TPFnbTFpPUm8XTnoVk3xLjNtCaPpHt8iPxkxwq6TEv3XOsQiZHTSysYETHMACMxU8iW4uXpOXdak8QW1Dzh
http://uk.businessinsider.com/rosenberg-market-selloff-correlated-significantly-with-oil-2016-1

No wonder US earnings have been falling…
IcLzOizlFxIWNnTG1FHXdC4mrPoyUYplwMH8oMSQesA23E_zISv6BOKW5V__obPtMjPO3SgImNtYcuCY1zJ32te8zjf0JMgXW3gYNcbGGqSh7HdYtruu5JQT-lp0P5qxOijdoezf
https://www.bespokepremium.com/the-closer/the-closer-11915-stable-growth-for-sale-stable-forwards-not-so-much/

A bit or perspective
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http://uk.businessinsider.com/chart-puts-stunning-stock-market-plunge-into-perspective-2016-1

Stock market corrections without recessions. They happen

0jib0AWhLjHWGKU8orZuGpQX_L29Pkoun8o39cGNyfzccu_qkgmaip8iyd_QQODXCvFp-W15XJrPmzRh_EMHW6EmkffGuITT-1iQae8ACkU9wF2Ox7pFPaRjR3TcL5mSHoEapNDh

http://awealthofcommonsense.com/stock-market-sell-offs-without-a-recession/

The good news: bonds didn’t suffer in the sell-off. The bad news: normally bonds would have rallied…

Screen Shot 2016-01-18 at 1.44.34 PM

http://awealthofcommonsense.com/three-things-that-matter-during-a-market-sell-off/

Back in the news again: the 62 richest own a lot…..
tn4VAh_JyWevIbwxXSQyv9Y5MEw6dhgUYZ_YglZ_TJaMDxv5lKZ62lnaL80GUkcbv2jfO-R7XH3FGRbIY79UYqqaKrltBD0KPQ3GCid897-PzMkVeh_bVfUkN4aLnwlZunZP5vQY
http://ritholtz.com/2016/01/economy-1-privilege-power-economy-drive-extreme-inequality-can-stopped/

I somehow think that I have shown this one before, but here you go: liquidity in bond markets

a_RTKwdH47ffc4nOTV_XzHPJfRHJvRMpKKtETkfehWrCgD9Mn6KaRNgaaQyVqgTrwSjLV9ZnxGAn_xOqmX89ikIopqQSYANOlvbjPS97xGqhwmaRspQjIsgMX7O1C4s1wV3_G24s

http://www.bis.org/publ/cgfs55.pdf

Latest GDP data from China is out. The underlying volatility has a high Madoff feel to it…

xUXAN2oifQB2LdazQOh72VKtmrP7dgNLJ64XvSDBqsvpmIJL70PerW6DDazaIrwU1dPlMc51OuyeEZxmlaMPaQaV4uw-GDz43IAD3faLjPAm1_ZbqpapULXsdgjL62lb0325C0gk

http://www.reuters.com/article/us-china-economy-idUSKCN0UX04B

And here is some more: a bit of reading on liquidity in the corporate bond markets

DD6IMbzlEjOVPBJJQ4ofYKJtLpH_IwFKMPaWdidiRkhvIXRHMilgVBcKLh8xbZdbN_w0LrFcnPVp1F2ENBOSXiwEqQQX6DVhON1P4ruOsGkIWf6gsIAMTSFa5QYW0wBfd6atzJH-

http://www.voxeu.org/article/resilience-market-liquidity

“How blockchain tech could change the way we do business”

awiwpz_yPkqP_XAIzuiFkgmwK6rJekFmvC3lbdqLanxXEAcswqKSLP6zWmGqRRjlGVMw58ivvo1jAfUg53jZmHwzL0zPut5wsGTybi8UdKRqRQp17QkpKVcLJYpuR2wZS8vBBX-E

http://www.bbc.com/news/business-35370304

And the IMF on virtual currencies

6uFtbaX67Z0Z4wKmR8fq8Xult2ucfTl7DBQp7yV0QsHxbAltcane9L2r3VdyFGuVGzVI8TJsX5QPQVfnqWzFirE9HAi0cm3QIN1n2zgEfUd1FPQDizkLTmZ7ime0KLcDtkxu3HQK

http://www.imf.org/external/pubs/ft/sdn/2016/sdn1603.pdf

Hot (and depressing) interactive chart showing how warm global temperatures were in 2015

RhEqHkZyMgJcBx-IAZqtvjloV4cI56r2tiaAMaAb4bEH19kQqDYf_hALHzCDufHH_QM4VY6AE4tkbDIZd9wLrL8IGiqtRD9O2yeQIRkZHIeSoqNaSdQh_WuKZHx2NV_Pq8KOADNN

http://www.bloomberg.com/news/features/2016-01-20/2015-was-the-hottest-year-on-record-by-a-stunning-margin

Interesting chart on fact checking politicians. Remarkably, Bill Clinton scores high….

xqzs74Zcv89zdyJRu4pMSvPHHHD6M3ordpaDTyzlep49wFOswme8Pdx-JDMpL_Fuu97dgguoxdlzaoYp-hgf8ADIwZuLqcmXT1eKYf0E5GCxaOkhENlKs4Zc-D6Vc1mGnmISSSa0

http://www.businessinsider.com/politicians-do-not-always-tell-the-truth-2016-1

Cool overview of corporate criminal penalties in the US

q9S8TCNN0g_R_t-uF2T8ucyh-f5-aHGbJRXNFHJYhn8iVmEYsEqK41UPZPxLbOYw-XJr8SUKEcxDU4tsfy17ANUh2C6FPDKpKj8k8zOfR0Cx8hnfVoNbNSQ4h-aHzRtf75iD_LIh

http://www.slate.com/articles/business/moneybox/2016/01/banks_that_break_the_law_are_finally_getting_pursued_by_the_feds_it_s_not.html

 

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: January 22

  1. Pingback: Best of the Web: 16-01-26, nr 1378 | Best of the Web

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