Best of the Web: 17-07-07 nr 1699

Good Morning! Bond yields are on the loose…

https://www.economist.com/news/finance-and-economics/21724812-will-there-be-sudden-tightening-policy-markets-worry-about-central-banks

Exiting QE is like running a big deficit, according to Koo
oqO_62MiO4PGKz6oBL8MlbYAm7SDI5rnLdgqVe5E01sIhxQH7wIVvoRUH3lI8c2Ni8jckkU54KWx-wYOIKFEphP7EmHbCkga-OzyoqxAP1veTf3lJEXMkx2QJqIqj9xQd9nyCbI_
https://ftalphaville.ft.com/2017/07/06/2191024/richard-koo-says-the-trick-to-exiting-qe-is-to-avoid-telling-anybody-about-it/

The Economist on the financing of ageing
sVWi-yG1lrCCXldruTRoC8rd9ZOMI0hpi4fHCXBaGS6HW5lZ3FfKbik8wa-HXDG6jyTc5nPohWmswPMx0QvO_lb1zncg_rw_rHXUceYWZxueyPseIEFlzj8LHGNIvjRQYEBkkv2z
https://www.economist.com/news/special-report/21724751-lives-get-longer-financial-models-will-have-change-financing-longevity

The opioid crisis and its costs
lgyn9GzOaM3tRhHF1czGPjo2T0EW4zHIvT9DfLjI40B4GCO5Nk3kNlxkq72I4eq8Z_R0Rkfsrn99MV3jAGx5FI5FvcZpKr-DULoN7c9W-sNHTDC0tEnpnlotCTVABqiXOFUffz4z
https://ftalphaville.ft.com/2017/07/06/2191066/the-economic-cost-of-the-opioid-crisis/

This chart probably boldly ignores the underlying volatility
yC6B9px0-5mn4qpKH9I4CuxD9CDGFoZMY9qLJ0KHyktDxhRTiF5ghucU1lUkP0ACZ8MOe8iSdxCAgBM8AizlnF-NT4T4TvWxk-X_QPfKeSme90hdodMUXd6A4c4ZdOT4LxR5sT-D
https://www.businessinsider.nl/wall-street-boldly-ignoring-stock-market-history-performance-2017-7/

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 Do not quote unless specifically cleared beforehand!

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