Good morning. The first chapter of the BIS annual report has been published: “Understanding globalisation”

http://www.bis.org/publ/arpdf/ar2017e6.pdf

This one could be interesting: “The Decline in Asset Return Predictability and Macroeconomic Volatility”
http://ritholtz.com/2017/06/decline-asset-return-predictability-macroeconomic-volatility/

Revenue per employee. Oil beats Facebook

http://ritholtz.com/2017/06/companies-make-revenue-per-employee/

Foreign Direct Investment top three position. Tax haven related, perhaps?

http://conversableeconomist.blogspot.nl/2017/06/an-update-on-foreign-direct-investment.html

The US economy, the Federal Reserve of San Francisco looks at it

http://www.frbsf.org/economic-research/publications/fedviews/2017/june/june-08-2017/

GMO on value versus growth

https://www.gmo.com/docs/default-source/research-and-commentary/strategies/equities/global-equities/whiplash-on-value-growth-and-ignoring-the-fundamentals.pdf

The OECD publishes a report on Social Protection in Asia

http://oecdinsights.org/2017/06/19/rain-or-shine-asia-needs-a-better-umbrella-of-social-protection/

Quiet week up ahead

http://www.calculatedriskblog.com/2017/06/schedule-for-week-of-june-11-2017_17.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 Do not quote unless specifically cleared beforehand!