Good morning. We are not richer than our parents, anymore
https://www.businessinsider.nl/intergenerational-mobility-changes-since-1940-2017-1/
Robert Shiller talks about markets
https://www.project-syndicate.org/commentary/illusion-driving-asset-prices-upward-by-robert-j–shiller-2017-01
About business cycle synchronisation: spot the outlier…
http://voxeu.org/article/business-cycle-desynchronisation
Just to keep in mind for today: the first day of a new President is seldom positive for stocks
https://www.bespokepremium.com/think-big-blog/inauguration-day-returns/
The end of the Obama Presidency
https://www.bloomberg.com/graphics/2017-obama-economic-legacy/
And this is the final score for Obama when it comes to stocks
https://www.bespokepremium.com/think-big-blog/sunset-on-the-obama-presidency/
And the final How-Has-Obama-Done-It-Chart: comparing the US with the rest of the world
https://www.bloomberg.com/view/articles/2017-01-19/nationalism-fake-news-and-booze
The economy on the US tax plans
http://www.economist.com/news/finance-and-economics/21715002-mr-trump-will-soon-have-confront-his-economic-policies-internal
A bit of reading by the Fed on their experiences with yield curve control
http://ritholtz.com/2017/01/feds-yield-curve-control-policy/
A bit of reading on the NAIRU, if there is something like that
https://ftalphaville.ft.com/2017/01/19/2182705/debunking-the-nairu-myth/
NATO members are indeed not paying their ‘fair’ (2%) share
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