Best of the Web: 17-06-20 nr 1687

Good morning. On track for a new record or not?

https://www.bespokepremium.com/think-big-blog/sp-500-new-closing-all-time-highs-by-year-2/

MSCI includes China A-shares in the Emerging Markets index. Well, some…
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http://www.reuters.com/article/us-msci-indexes-idUSKBN19B325
https://www.ft.com/content/e5ea42e5-9bb2-3881-8946-2e428f739a8e

An IMF report on Fintech! “Fintech and Financial Services: Initial Considerations”
mynCBiToUf6blCoMBVGEsTiLEzc--BCzUIjYKeYgsDakoPWGTRmqNvAspjnRBYz0OqZWM8nBIQfMuGRS13ypBi8C6z0dXi28kTNy56frLLPKio4AJMbL6SZjJr7z26oYOZ3E9drG
http://www.imf.org/en/Publications/Staff-Discussion-Notes/Issues/2017/06/16/Fintech-and-Financial-Services-Initial-Considerations-44985

Sure, with the 2000 peak, everything looks normal
bkxv7-5ihQtbkF-j6WKkS193Vvh-rEh69kSPGzK55xwMzmOf4aSYqUkXeY9LAeMkiJPe0dArm7dDuza1QY-D08T0waWi5zQLRPmrLGLVBlqviLK5W-eo1ZaeEJKSyFUof3dXOO_B
http://ritholtz.com/2017/06/stocks-driving-sp-500/

A pretty long read on the topic of bitcoin and central banking
nemEg5xMs2Uj25AMc-dDat2zxHsaBTL-I2o2vWKU5WqqljKHa5WQdg5yQ3syElE5U2_55iEuyJKh1J2qPoYJ60GX17_6NSAbKdMfhqDPJ6fY3oEQdHdgQx2Iufe3Q-5IC1ruTSaU
https://promarket.org/blockchain-going-revolutionize-central-banking-monetary-policy/

The ECB on inflation
Gk7F3RzXUKUG-n7xp0QJvF-1UShS3NLrR9RHLe7QsRdjWReWExIUc8Dc-REsNs0Sx99cQvTrP0YHJIJtTObAka4dgAC8Bzf35L7SCv2fnsHcERZyrnL2IKRKuO8Hk2yy_60IkXNY
https://www.ecb.europa.eu/pub/pdf/other/ebart201704_01.en.pdf

The IMF has a chart of the week!
2zODUQ9VyV5Y7A2zDfWQIMdfsO9TDgI1m6SU-_qZnHIEuLoeq5DQvmnYz18uDvIL4hHONW5iwRd3AiUq5oit1RhNFVuP94RdCjv4d5JjkfiXsaFK4sjbQwr7OHYOOhIquWEmB0oC
https://blogs.imf.org/2017/06/13/chart-of-the-week-fdi-in-financial-centers/

The dollar is not dancing the the interest rates tune…
xsz-9EbiN-MeO8SilKaJzN8ndSARnjGIXvAjXlY6TRWF5FHMc-_JUt6xcUNOHoNQi-4WS2b8vdTcswk4eeoj4BMRG0ckfCREnj-Qb6Efco9MurL5Frn3bMtuR0i_n8D7IlfSsEwN
https://www.bondvigilantes.com/blog/2017/06/20/euro-dollar-rates-not-driving-performance/

The sad state of things
ed1n320BHV8nMeLQzpvI7JzeOqNS1lsJA5jP07TzmN-oGnxxd154Q9M0WF__6sAUhaW7ZV89txT2bbVYGdrYgz7D7TgxHnwultOvJmWzqp0nY7qc91eWAww0CC0aA9D_G5_kGRrN
http://www.economist.com/blogs/graphicdetail/2017/06/daily-chart-13

ECB: “…structural reforms implementation is more likely during deep recessions..” (not all that shocking)
jd0uwl5-R-RP4U2gb_e44gVaqyCb6_xMa2bqHEfFKZJzxHFoSexy2bB3rPn32S8qCkq4t7d880t71CXft-rFrCAZFkwefBBj2rrKdQsDm9uSUOiQk_7sLxX8a5CXvR3ZibUpQAZd
https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2078.en.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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