Good morning. The overcrowded trade du jour?
The new dot plot. Make it happen.
https://www.businessinsider.nl/fed-dot-plot-december-2016-2016-12/
And thi is what the bond market did with it
https://www.bespokepremium.com/the-closer/the-closer-121416-and-on-the-eighth-meeting-a-hawkish-hike/
UK yields all the way back to 3000BC. Right…
https://www.businessinsider.nl/5000-year-history-of-interest-rates-2016-12/
The title of this chart falls short of the video itself. Must-watch according to @jackneele
http://ben-evans.com/benedictevans/2016/12/8/mobile-is-eating-the-world
Meet the new crew
https://www.businessinsider.nl/trump-white-house-cabinet-senior-leadership-positions-bios-2016-11/
Timing is everything: why macroprudential policy could be procycle…
http://voxeu.org/article/why-macropru-can-end-being-procyclical
A complete overview of all previous editions of Best of the Web can be found here http://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 Do not quote unless specifically cleared beforehand!
Best of the Web 