Best in Economics this week: May 26

The pension pain that is coming to America, soon…

3Ud_w99Kc5BiyT6OtuqHuQTbV1FpDqdF9yEsG1UFB4qjDleB3zFc9B-yzfu_ZkR8plugK_-DpT9Pmv8gN0asaed0FoHEkUp20I296lCRjn_x7jynOQAm_vO5279ByaF37jDmho2a
http://trueeconomics.blogspot.nl/2017/05/22517-us-public-pensions-system.html

Balancing the books, Trump style
wMxBNgW_umJDqszHrU8V2SRKy2lGQx0W-YkY-01lp6t_sogtHGm2HSWkF_vNgGKDimi-taMMW-_3ET_i1Nf4LzDQa3pXegRLa-fb00FvX5Q0Fqa9ha6tX2vN0OureOt1MoLH1YXt
http://www.cbpp.org/research/federal-budget/gap-between-trump-cbo-predictions-on-economic-growth-the-largest-on-record

The Economist on the Trump plans
yup9wsluZQyBIt1oMhjA2mdeCxtK7CX6EkJJKSn6juyBADAaJWglbs8myJnN97jI7k67MzgYmQw8zYjD9xJDQBTF_eLeMadF0MrIsBilRBy35BXr_S90Ml6ZuZkxYDomeAesvckd
http://www.economist.com/blogs/graphicdetail/2017/05/daily-chart-16

Political anxiety has sharply risen thanks to Trump
6fzv6b9YhGU3Nr5nFeWlVS_91n4bt6t59PSa2qDy2JuAmFTKNyD3cijuY4LwwdTKMKB2ilgGrvSLOAOvgSv2_TgCf7XlyoxbiCrnfjHWcG2zwE00szwNNi3uiSxYJOH13k7N91Dr
https://www.businessinsider.nl/jpmorgan-geopolitical-anxiety-index-extremely-high-due-to-trump-2017-5/

The puzzle…
R93nuWewRz7GB4Lkzu4VZ4S7mq5rNS2TcX4oAV-4M2q9JW9ZoIxZRaAmdUCecRwlsIhan8EoxJ4MCjmuN---qPzpDp3eWFbECQofs0LeYLUy4KLn3hfEIS5eCRjkBRw_LN2IHVD9
http://voxeu.org/article/puzzle-high-policy-uncertainty-and-low-market-volatility

CAPEX no more (but what is cause and effect here?)

PeqtSzaIyyIB6sEm_ioFgkOsk-S4UAehIzDf5kbfUEfIkZjxcFWukH_FxWN24Ws5UfZOenmFsnA5bvzZ6__VNIoyzHbKDThEp7aWciRybKdXN7lLrQHy4ZMylpykfEOuJERaHobT

https://www.businessinsider.nl/capex-vs-consumer-spending-in-stock-market-2017-5/

‘Fiscal breakeven’ of the various OPEC countries

vXZhXTSgTtBSW-pnF_RmAOYFFkbBh8KKj3rkOWIadZKm5Bj3jVLqxd9tMGYNI8zwu3iel92lnnQIEDIxeaswwee7BlZS-BLzScdINBA4YyvqcuopDh8BoOtSz858QGm8AXuYYzUk

https://www.businessinsider.nl/opec-meeting-production-cuts-2017-5/

So does CAPE work or not?
AQ7lrKmt2ElrH_QREXy2RExsJ-0JFp1CE-x4L1JHCbGPI1KWoi6tVsoHhVCiPQ5wuAFwqgxXOk4jYwFg9zlyH4dhlanfaJ6ts9rEskod75dGeRmTGY2g9FHxTkyhgieIjvB3NdrJ
http://ritholtz.com/2017/05/weekend-reads-271/

Profitable short-impeachments are hard to find…
sMWvb7NjFkPoSzPHcMKJjJOsdXB9--bHBtQk0MgCzQ_g2sYbuwh1HH3N3ahafdxNpgDhN20i3nIM7ryWxGgLlg8ubvASLyoWg9LaI2Cq3AOsxzKtUkdSUVf8vvKz-UFjCBSGiMNe
https://macromon.wordpress.com/2017/05/18/beware-shorting-impeachments/

Some interesting research on the rise (and slowdown) of Fintech by the BIS
gKFgOsG66UaKxU3mukRjlis2Q0Od9dRg9ooWGBjfQ8Csb1SHnpf0gX8zcT8r2q40ajIEo9ylklR5Fcz4eOu617KbgeDqBRnEPZqWP7LS4U6obaza280nnZNwaX1gd5gzYR4U8cgV
http://www.bis.org/publ/cgfs_fsb1.pdf

Inflow into tech stocks is on track to break a record
R0cARcJwgGj01MIwIy-BWScPSK6tQUGvYNxYSOYFu4wBovC1Iryv08U8Ktt073Fds4pdpYhMgSf3iGn1A08RhZW-5NcNb-E7MGLucFNio2R4UhWkM3SiPY1NtcXYUijZqgUYAts2
https://www.businessinsider.nl/tech-stocks-havent-been-this-hot-since-the-dot-com-bubble-2017-5/

Oh! The truth about the tulipmania
EC-KbHPWbgpd9XpzrqjTVtIMjCzETqjyDmk1G0WEf-0bue6_MOBr-bXM20WrFI2j2YhI_0-dKO7gHVAhn4-AJ0lXUyJ_hLvxD-bIGEUzZ8yLvs5wYMtl3Hbql1KjFUgxW4Di4cRn
https://stratechery.com/2017/tulips-myths-and-cryptocurrencies/

A big study by the IMF into state contingent debt. GDP bonds and coco’s for governments
0Ihv7-ASCd3DI0IXEiRb9Img66_1KgXl-q2I0nWO7Hm2m8W79oQJTqiCSvpP0r4c0t8Gl7Ne_Y97wT9lWP5OVEUYaPtENPPerq23cMqWiXJz3JNXQjJll5NeSnEwuiet-lPjCltN
http://www.imf.org/en/Publications/Policy-Papers/Issues/2017/05/19/pp032317state-contingent-debt-instruments-for-sovereigns

US wages are not going up.

IFwbsv6uT3mKKtZlWXQzitGqK5FBx7rfgtf3mVptzOQB6guw5wBwgCwvRCaTjrH7RTxuciDk712x3jTjO48wZRwFKJge-FXxjhpQORAQJCmLdmNYfNBWqoepx10a9zpt3kBHuBgA

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

And nor are British wages…

eermP8CqVxKtjPdXz17KBxNHvvl1RScMCrOwk6VO_FUj2ypC5WQG1yeLm1UHNPcOSC0Q_mT_ge75n1000xfed5Y6yyI8gnkBiYQWocS_LYXdxI7UBOnUr1bMyU1up0oChDtLH_-3

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

FDR is the employment champ
Pkh9CQf3HA03-AWpe2H4_PiN2gIgU-EmNDEIT4K1AsNm5RdJQ82xCF3ULx5uQXU35hYhmsdOcPjwUTSGLSZlpA09sJD-GS5xSUV5Q17cPAczrxIfQnVeoC6EYAHPCotWySTdhJV6
https://www.businessinsider.nl/unemployment-under-us-presidents-chart-and-implication-for-trump-2017-5/

The ECB stability report
11YXUwkVLabv3ax9dXRRWyYHBVB_GctU23PMlD0G-n6JYvCdcZeyHvARR8C1-Z0UqphuvvevQEbi107iqVIyRoxisy4dqdqM9YhJLv6iTWXotn5aekNW5xOPmOdEShQNlyjxVaFZ
https://www.ecb.europa.eu/pub/pdf/other/ecb.financialstabilityreview201705.en.pdf

“ VIX Trading, Hoaxes and Blockchain”
5ToLczWBuWhAD3Di6GlUz8iLa6aQbLSi45i4p3hRHSjBI-Hfu2vy1h2Zc1cz0kAx9Kn0EH1uJK6IdnchG8NovvN3zE_DJDOr6mdb3Wys3XOEObzSlEtZAnMGozxIS602g6HUvIlQ
https://www.bloomberg.com/view/articles/2017-05-24/vix-trading-hoaxes-and-blockchain

 

A complete overview of all previous editions of Best of the Web Weekly Economics can be found here http://bit.ly/16dkN6i. 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!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s