Good morning. Debt, booms and busts….
Just wanted to show this picture on Brexit…
And here is Buiter’s ten cents worth on the subject
Big study by Credit Suisse on the Age of disruption
Not very important, I would say, but here you go.
Stocks do not show the same regional split as HighYield…
From the BIS: “Wealth inequality and monetary policy”
“If no March miracle GPIF must tap reserves big to pay benefits”
The spread of economic activity throughout the US
This should not come as a surprise…
An interesting bit of reading on US productivity: “Does the United States have a productivity slowdown or a measurement problem?”
And related to that: “Silicon Valley Has Not Saved Us From a Productivity Slowdown”
Country report from the IMF on India
Interesting visualisation on chess opening moves
Android, the winner on the 1 billion mark
The Barclays Gilt study, 2016
Some pretty good photo’s, one click away.
And, as ever, the US schedule for the week to come. Light schedule.
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