Good morning. And the Italians said no!

https://www.businessinsider.nl/euro-after-italian-referendum-2016-12/

And here is what it could mean

http://qz.com/852750/italy-referendum-2016-italian-prime-minister-matteo-renzi-is-resigning-what-happens-now/

The rise and steady fall of hedge funds

http://ritholtz.com/2016/12/sunday-reads-72/

Meanwhile, the world economy is reflating all by itself

https://www.ft.com/content/3e17856d-c3c2-3838-bc3c-d8a773d8d991

So much for the Shiller PE?

http://mebfaber.com/2016/12/02/missed-780-gains-using-cape-ratio-thats-good-thing/

Healthcare spending in the US

http://www.businessinsider.com/healthcare-spending-as-percent-of-gdp-recession-2016-12

Inflation: who’s to blame?

https://ftalphaville.ft.com/2016/12/02/2180761/dont-blame-central-banks-for-upcoming-inflation-blame-command-economies/

Asian trade

http://blogs.cfr.org/setser/2016/12/01/chinas-vision-for-a-regional-trading-block-has-its-own-challenges/

S(t)ocks. Via @pvkleef

https://pbs.twimg.com/media/CyrPXeiUQAANqd2.jpg:large

So the old folk are not suffering after all?

https://flipchartfairytales.wordpress.com/2016/12/02/gerontocracy/

And the US schedule for the week ahead

http://www.calculatedriskblog.com/2016/12/schedule-for-week-of-dec-4-2016.html

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