Good Morning! Old one, still interesting
https://www.washingtonpost.com/news/wonk/wp/2017/06/26/the-amount-of-work-that-once-bought-an-hour-of-light-now-buys-51-years-of-it/
The Bullishness of the Fed is out of sync with what is happening in the markets
https://ftalphaville.ft.com/2017/06/26/2190583/snap-av-yield-curves-and-fed-mistakes/
Which is probably linked to this
https://www.ft.com/content/18281550-56ac-11e7-80b6-9bfa4c1f83d2
Big data!! (haven’t read it yet)
https://www.minneapolisfed.org/publications/the-region/understanding-income-risk-new-insights-from-big-data
Ok, but this chart is skewed due to the capital key
https://www.businessinsider.nl/fed-bond-holdings-expanded-but-is-not-huge-compared-to-other-countries-2017-6/
Low productivity growth, part MCCLVII
http://libertystreeteconomics.newyorkfed.org/2017/06/low-productivity-growth-the-capital-formation-link.html
Especially for my boss: a country report on the Czech Republic
http://www.imf.org/en/Publications/CR/Issues/2017/06/26/Czech-Republic-Selected-Issues-45004
Some inside opinion on the whole Brexit thingie.
https://www.bloomberg.com/news/articles/2017-06-22/one-year-on-21-months-to-go-what-brexit-watchers-expect-now
The steady decline in number of stocks listed… (via @jackneele)
https://blogs.wsj.com/moneybeat/2017/06/23/stockpicking-is-dying-because-there-are-no-more-stocks-to-pick/
Another bit of reading on the term premium
https://www.ft.com/content/fa4e9a69-b4ac-3e72-913d-7a2fad04b867
One more from the BIS report: how vulnerable countries are to a rise in interest rates
http://www.nakedcapitalism.com/2017/06/bis-warns-household-debt.html
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