Good morning. Inflow into tech stocks is on track to break a record

https://www.businessinsider.nl/tech-stocks-havent-been-this-hot-since-the-dot-com-bubble-2017-5/

A lot of data on governments and the success of the economy

https://lanekenworthy.net/is-big-government-bad-for-freedom-civil-society-and-happiness/

So does CAPE work or not?

http://ritholtz.com/2017/05/weekend-reads-271/

Still one of my favorite charts.

https://www.bespokepremium.com/think-big-blog/earnings-beats-misses-and-price-reactions/

“Only a ‘handful’ of robo-advice startups will survive”

https://www.businessinsider.nl/morgan-stanley-on-roboadvisers-and-fintech-2017-5/

US wages are not going up.

https://www.businessinsider.nl/slow-wage-growth-from-demographics-and-employers-2017-5/

And nor are British wages…

http://www.businessinsider.com/low-unemployment-wage-increases-gig-economy-2017-5

Volatility: core and transitory

https://bankunderground.co.uk/2017/05/19/do-core-and-transitory-volatilities-matter-for-the-economy/

WESTERN HEMISPHERE REGION outlook by the IMF

http://www.imf.org/en/Publications/REO/WH/Issues/2017/05/10/wreo0517

And, yes, the US schedule for the week to come.

http://www.calculatedriskblog.com/2017/05/schedule-for-week-of-may-21-2017.html

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 Do not quote unless specifically cleared beforehand!