Good morning. I’ve said it before, and I will say it again: Germany (greater Germany that is) has a problem…
Active management is dead part XXMCDVVII
http://www.assetclasstrading.com/2017/01/30/385/
This on the other hand is much more interesting: “Are Hedge Funds on the Other Side of the Low-Volatility Trade?”
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2898034
An equity market classic: the skew of the left tail..
http://ritholtz.com/2017/02/tail-risks-radar/
Supreme court in the US
http://www.economist.com/blogs/graphicdetail/2017/02/daily-chart
An IMF country report on Uruguay
http://www.imf.org/en/Publications/CR/Issues/2017/02/01/Uruguay-2016-Article-IV-Consultation-Press-Release-and-Staff-Report-44610
Part of the problem US is facing right now?
https://psmag.com/this-chart-helps-explain-why-people-in-the-rust-belt-are-fed-up-dfe331a1c097#.o5epq26lf
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