Best of the Web: 17-06-12 nr 1681

Good morning. Let’s not blame it on Brexit, okay?

https://pro.creditwritedowns.com/2017/06/anarchy-in-uk-politics-means-lower-yields-and-ends-austerity-as-we-know-it.html

Happy birthday to…. The bike! (200 years, apparently)
ylynCSboui2c6sjyQSPneUVYaoYvwTS6s1n-xEaN0R5ky7ALhP3Xui9dAaakGkVBtcvyDinAGaVHm4mK6ZrZBTdp3dzv_fhyvpYukuISKd0dL97oA0MvDGFaoeWhxq1o1fRiEHZW
http://www.bbc.com/news/av/technology-40252893/happy-200th-birthday-to-the-bike

Expansions die of domestic imbalances, international shocks and.. The Fed.
atW_4D7Vg8A7C3hjn225fb1Ms_vtP0HALFzTL6KsZWI1jaPLJEg4FnxWxfyBfAvmEA3ARfNxYTiLK-u9Q7yEdKt4q1gBjufjEYEAGBB37ju6t8XqaLSiTN4G4LsJ_k5KE24V_kGW
https://ftalphaville.ft.com/2017/06/12/2190014/why-expansions-die/

Tech outflows
9KceHjPsTvM2J0fc4FnS6LVkbOKWsMrd0mLhvGaCP_naKPX4F05l5cy03wqiLVsODvsPTG5LUDTP3Mymc1B855PAxwHjDsA3GHVsKVINrHYBjlINoMEhSxaXQ80g8VrG--pioAtk
https://www.businessinsider.nl/the-tech-stock-fairy-tale-is-heading-for-a-bad-ending-2017-6/
https://www.bloomberg.com/news/articles/2017-06-12/tech-rout-sends-etf-to-worst-weekly-outflow-in-18-months-chart

Right. Mathematically this may be correct, but hardly shocking
FxcmZGX6yrfr56F9q-ZAZffOPnb2WEEssat1Lv1ra8Y1A02fFTZXCw2zZwWxgLjEFQYyg8sRnzo5MYz6igf63oFq2shUfrQ9yOJv-2uoip2_Fu0e66ZaSnfH-mYJKAiUFLYtCKrD
http://voxeu.org/article/tightening-stealth

Probably interesting: “Macro Risks and the Term Structure of Interest Rates”
4doBREJlGxCuQacy-zK7Thc4VoHCbbYVeV4fcVRwOw2BRwF_i0sUHHlJ0xGzGvg69FKXh-xOsBdLj7EL_eOO5ThLFEs0_Hsy4FuyyEHAKqWeWBoLmjkDZrD3GXWLFSR09lomrvI-
https://www.federalreserve.gov/econres/feds/files/2017058pap.pdf

 

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 Do not quote unless specifically cleared beforehand!

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