Good morning. Bad loans, still very close to peak levels in various countries

http://www.nakedcapitalism.com/2016/10/a-framework-for-thinking-about-bad-loans.html

Explaining the decision to raise the stake in equities: “ The bond-equity allocation of the Norwegian sovereign wealth fund” (via @LaurensSwinkels)
http://voxeu.org/article/bond-equity-allocation-norwegian-sovereign-wealth-fund

The stock market looks cheap

http://fatasmihov.blogspot.nl/2016/10/the-stock-market-looks-cheap.html

A cool timeline on the eb and flow of red and blue in the US

http://www.economist.com/blogs/graphicdetail/2016/10/daily-chart-11

Lobbying power

http://www.bloomberg.com/news/articles/2016-10-18/outspending-wall-street-2-to-1-silicon-valley-takes-washington

QE and reserve accumulation

http://blogs.cfr.org/setser/2016/10/18/large-scale-central-bank-asset-purchases-by-currency/

Untrustworthy bunch…

https://www.washingtonpost.com/opinions/when-the-facts-dont-matter-how-can-democracy-survive/2016/10/17/560ff302-94a5-11e6-9b7c-57290af48a49_story.html

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