Good morning. Updated

http://ritholtz.com/2016/04/how-the-media-blows-things-out-of-proportion/

Logical: oil move 50% higher, bond yields drop…

http://uk.businessinsider.com/dramatic-decoupling-in-markets-is-feds-fault-2016-4

About the valuation of stocks

http://ritholtz.com/2016/04/cape-relative-valuation-us-vs-europe-and-developed-markets/

Martin Wolf on the Brexit issue: “The top 10 points in favour of an exit and how to rebut them”

https://next.ft.com/content/c72960f0-088c-11e6-a623-b84d06a39ec2

A variation on the be-in-the-markets-when-the-fed-meets theme

https://www.bespokepremium.com/think-big-blog/high-yield-spreads-on-fed-days/

The cost of Brexit according to the OECD

https://www.washingtonpost.com/news/wonk/wp/2016/04/27/leaving-the-european-union-could-cost-every-british-family-a-months-pay-new-report-says/

It had to end at one point, right?

http://uk.businessinsider.com/apple-revenue-drops-for-the-first-time-since-2003-2016-4

Being a teacher in the Netherlands is not such a bad deal, if this data is correct

http://www.economist.com/blogs/graphicdetail/2016/04/daily-chart-18

The final frontier….

https://www.thefinancialist.com/frontier-markets-the-great-hope-for-growth/

China consumer spending has held up its end of the bargain

http://www.economist.com/news/business-and-finance/21697597-free-spending-consumers-provide-comfort-troubled-economy-consumption-china-resilient

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