Best of the Web: 16-02-19, nr 1396

Good morning. How US ten year Treasury yields are at odds with US growth right now

http://www.businessinsider.com/torsten-slok-us-rates-market-significantly-mispriced-2016-2

Can it be? Wage growth picking up? Surely the US is recession, right?
yoBALYYUacyzlav_XkgCoghbmyQQT8U0j-BVg1ESDPtbsYG4erEz6zUJP0iS9YA9dWfKJOg7NT_4Cr-dhEdd2gN3lqYuJVDQ5ftKXRCsu96TzIKM9hjMFEbR7icETK-gT0yRQjpT
http://macroblog.typepad.com/macroblog/2016/02/are-paychecks-picking-up-the-pace.html

Weird. Downgrading everything except the growth forecast of China.
dpvO-vc28QyULC-74y4fgJLfpRGvmX7yoRsNCL9tmSAjgyIZGJyv9d4GMZWlFgRA0CFndKWtshPGe31nGcHxbrlVwuISzb2pcXO5bIre_CqbOBr4kiFSRkaurkSk0q_0HQr7Oizf
http://oecdinsights.org/2016/02/18/interim-economic-outlook-elusive-global-growth-outlook-requires-urgent-policy-response/

Clinton and Bush: big spenders, but not winning2_18_2http://www.bloomberg.com/politics/articles/2016-02-17/the-failure-of-money-to-buy-the-presidential-nomination-in-one-chart

Somehow, I get the feeling the stock markets (and the secular stagnation thinkers) have a different view here…
AdPJlLL3Qqwo9-z7mD9-NZHOJed6Twk5hCLViq1FJt5L6U1HLwqgTEsLXNZ9ud7io3VmlBEL9oVihCV-sW3e4p5vQUQp0O-IKCuGTHX_50UojjozeixrpU1CuZuZCCXAzte8cmWe
http://www.motherjones.com/kevin-drum/2016/02/sanders-campaign-has-crossed-neverland

As for the hedgefunds….
ZiMSGoMqIzB9EVk6ihkNtvWYHnoEWjzGbaNPDvNf11R9cdneTOJDNW-ejX2UflBh5MwUb41WGYKWdcxzpu4blQ5JBeL2StAFeG8j2ueeGxtq5PxKD5EQNW3GXcXkNO1-oF4bkNDo
https://www.economist.com/news/finance-and-economics/21693260-bunch-hedge-funds-have-closed-has-industry-reached-its-peak-not-dead

Euro stagnation: let’s get it on the table
frRWDw3APX0yH9EToeAOvsdTxVoBkKoUHBjOLefKv0oUyvOsS3HpFFZ7BAyOo_W_QXLrE2nRC835NlN9bQYr1StwbcBWyC1962dBf4LaNelmAEMssVC6JOUtjCwzLLktVuEXNKIo
http://ritholtz.com/2016/02/risks-of-stagnation-in-the-euro-area/

Cash to burn, but it is the markets that are doing the burning…
1cSK4Mx2U6Ly1S2F-yiRargO_oBOh9y3tjGIxxmF0Oyta-UlvrjmaWw6TJhrjVKgkt0cfgwFJuD1oCVvQI1JXdC8kq-cT5MtIEJnlcS1liPcGWYA6LZjaJ6gTqUhM9lqOjXT2-KB
http://ftalphaville.ft.com/2016/02/17/2153452/some-analysts-appear-to-be-approaching-breaking-point/

We are at the red dot. Says UBS.
vdbkWNFdJUmxyWVBwPEHoi_lTC13NysMjc_PUul3qMSaHiX-cOsjELpIgv5X4AlA4ynlr4Bm-WW2zOdeCAtNq-2UqIsIUNN0VBgs3dc3lyYgdPRX_kfBvV26cgunVxtDKYFRA4MY
http://ftalphaville.ft.com/2016/02/18/2153669/you-are-here-an-em-pain-roadmap/

Correlation is not causation. Especially on a two month’s basis….
hw-g58IFtjxIDvUtbeSU2a6RzIVCIl2ktImhxhmNmIKc_Yj2W6Ol3vLMajDpE-Ij58ZZuf5y4ATNUp0Srx508YY4kn3TGPf5f6ezpLJHGCebKhXEaGEECfLubIUkhU3IVSyIvEVG
http://ftalphaville.ft.com/2016/02/18/2153615/jpy-pain-charted-and-extrapolated/

Record high’s, but not the one’s we would like to see…
Vs0d60ynLc4ofwHJdWPirL_niHkT5zATO39S9b03hOu4HLD9GpA2Hb6F5dcVcJkheb7qDeC0U3RMrZ_KLxXJH9qt7aXrcizkehCf01HcVaWhxlXP0WsOIoFrhB0inQvGtMrsdR9U
http://www.bloomberg.com/news/features/2016-02-17/global-warming-crushes-records-again

 

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!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s