Best of the Web: 17-06-01 nr 1674

Good morning. Another all-time classic

http://ritholtz.com/2017/05/world-population-density-2015/

Stock-market-supporting-nonsense-chart-du-jour
0xkfHxp36ypoLaHiuQ8K39w1H2OeIbzkiKXvhmcwSLO91jVPfqYrTnOHyvARnXN52kJlRTU-pLAjO2Gv7KdUrKARVW0zpptuwm0N_i6WM1l_dcljkC291tWgnQACxokkfZOziwjt
http://www.businessinsider.com/stocks-just-got-a-majorly-bullish-signal-2017-5

No tech bubble just yet
85e-cLMLNlg14pKfDUmJPciQ1Qoj5e7-uJ__xJZc98GdX387bpMJ2E-OyrugdTO78h9DSCR5M76oLwv0JYVaSBLSjon52fH-jVeisvbk4Pv93f45aoGTWVsuFrl5Ew9c5GgRcTFJ
http://ritholtz.com/2017/05/tech-valuations-look-nothing-like-90s/

And to claim that this is a bubble is just plain stupid, if you ask me
_nRktWQn3_NGUdJcE1bUgLYLuAGE77jwKV5_981ZR4Zx7EAC8TynjXbpSzLShtYk6kkmPaKN9AZkdkK7WmtqrOOxfMpPB4z6zoOCEy4iH6verg1KMaRP8yv5gKUNbeNdKpS4KNg-
http://www.nakedcapitalism.com/2017/05/wolf-richter-dear-fed-not-really-hard-spot-bubbles.html

“Is efficient-market theory (finally) becoming more efficient?”
xstl2OjEbIspF3EQf9h0o5RzoLBhJ5FZfXMVGspgErA2IofINnvm-ExUAU6LLrTzOG-pGmRDIFFrp-IVEIyB0OEIBTQfufLnXaxLxTFDSxek_a_JnkUUtOunCEcInMxcj0ij1yKm
http://www.economist.com/news/finance-and-economics/21722669-theory-changing-traders-behaviour-and-vice-versa-efficient-market-theory

The secular stagnation thinking still strong in this one
CtgJuwqCAaHuuvSRT0c2ftr_zQVWlWOgOd_ruTXC8JOFNW6rhTe1czNjyVLeNK3f3KAf5XASy0XqisX96KhPTpdWCK4GudKiBCh7-aM3JYLlApTANx29OzfKY4hAh4-vObB-q2N1
https://www.brookings.edu/articles/secular-stagnation-even-truer-today-larry-summers-says/

And the IMF is pretty positive on its own rescue plan of Mongolia
JCyPQ4ieWPyxliihxiGrA6jaCu9xRmT7khZk5A1t6PNa_H9-P-ipZDAeHgFlRv5dlWJP2KZ0SefhREw66wKLJJTRH5lyxh7Dr0x04aLOBtMYuHcXQemsINxwxLVL82eg7bPmrEJu
http://www.imf.org/en/News/Articles/2017/05/31/NA053117Mongolia-Turns-the-Corner-with-5-5-Billion-IMF-Led-Financing-Package

 

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!

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