Good morning. That whole internet bubble back in 2000 looks pretty insignificant now…

http://ritholtz.com/2017/05/amazon-grows-up-and-up/

A bit of reading on silver

http://www.businessinsider.com/silver-price-demand-supply-2017-5

On the (lack of a) relationship between buybacks and investments

http://ritholtz.com/2017/05/corporate-buybacks-capital-investment-international-perspective/

The VIX hit a new low. Lot’s of posts spring up

https://qz.com/979370/volatility-and-the-vix-index-the-stock-markets-fear-gauge-is-at-a-23-year-low-and-traders-are-terrified/

“A landslide Tory victory won’t automatically cause the British economy to expand” No, really? #duh

Cool overview of growth distribution in Africa: commodities still matter

http://www.imf.org/en/Publications/REO/SSA/Issues/2017/05/03/sreo0517

It’s always the young that get hit

http://www.motherjones.com/kevin-drum/2017/05/income-stagnation-has-hit-young-harder-old

Labour productivity in Europe: the weak one out there…

https://www.businessinsider.nl/pantheon-chart-economic-expansion-more-likely-when-a-government-is-about-to-collapse-2017-5/

Or is there hope? From the ECB

https://www.ecb.europa.eu/pub/pdf/other/ebart201703_01.en.pdf

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