Good morning. Europe does not seem to have a rustbelt problem
Old table because the US 10 year yield is already at 2.6%…
http://markets.businessinsider.com/news/stocks/Bonds-are-flashing-a-warning-sign-for-stocks-1001607538
Obama’s economic legacy
http://www.bradford-delong.com/2016/12/the-2017-economic-report-of-the-president-whitehousegov.html
Weird: central banks think they do not need market intelligence to assess fiscal policy?
http://www.bis.org/publ/mktc08.pdf
R.I.P. active investing?
http://aswathdamodaran.blogspot.nl/2016/12/active-investing-rest-in-peace-or.html
And the winner is…..
https://www.bloomberg.com/view/articles/2016-12-15/savvy-investors-robots-and-google-searches
Tadaaaa!!!! (shameless self-promotion ends here)
https://www.savvyinvestor.net/awards-2016
An IMF report on the swiss economy
http://www.imf.org/external/pubs/ft/scr/2016/cr16381.pdf
“2016, a year in absurdity”
https://ftalphaville.ft.com/2016/12/15/2181258/2016-a-year-in-absurdity/
And even more 2016 look-backs
https://www.google.com/trends/yis/2016/GLOBAL?hl=en-US&s=1
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 Do not quote unless specifically cleared beforehand!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 