Best in Economics this week: July 28

Ouch!
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http://ritholtz.com/2017/07/2017-corporate-pensions/

Inflation: a thing of the past?
C1Wdt3IWQ4fdiNKRWQjthvJe1UHFT-Qp-mSYbVCh2uahQT75oOZSNoDHbClxwjA0S8t4WwyK8kj6GWoTf0RKTEN-tRndCa90frmwDjeIsoswuuWT6QvqziLU3QxChRvqyXS6lEdO

http://www.imf.org/en/News/Articles/2017/07/24/sp072417-two-trilemmas-for-monetary-policy

The ECB expects ageing to lead to continued downward pressures on interest rates
1gx9nuo2T7IsxXvSyBBH2l2DvMQXqSiSqh51Tun0pXuigor5KPrXsirNAei0Cdw58Cii27Az2sn79mYKRQJMs13eAs9tr4uhp8dscxmT_FYouo80T7UNTKriVo9oteTMLWe_bu6d
https://www.ecb.europa.eu//pub/pdf/scpwps/ecb.wp2088.en.pdf

The message here: don’t overdo the low volatility in markets
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https://blogs.wsj.com/moneybeat/2017/07/21/investors-stop-worrying-about-why-nobody-is-worrying/

IMF on Italy: “Reforms Needed For Stronger Growth and Stability” Deja vu feeling, here
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http://www.imf.org/en/News/Articles/2017/07/24/na072717-italy-reforms-needed-for-stronger-growth-and-stability

The dark web does not die easy
PVtUEcmzL4QRbCXRg3ZOohKG6UHdYyMfVe7EeIOs_6hFXneaBzFsdClWNXyn70DVkbMuZFIaGDX2FcChVRAv11Vt9N6539HqiGISEU6_DSZdROzC2K5uPc0z5cA62yS6eddyWp7E
https://www.economist.com/blogs/graphicdetail/2017/07/daily-chart-13

Big firms, high profit margins
S7M0NH2K4kTK24ysZ8tAYueUOYh6eJubO3eQIv1lzMwYwMLj4e8bw553SpSyWOZ8i512_gIBRXkmaFf4vPaVayBihYVpnXO95N5ZIeQalBp7nVEDHRP6tROq6y9DsKmEh7Ff55s8
https://ftalphaville.ft.com/2017/07/25/2191784/on-juggernaut-companies-and-profit-margins/

Interesting chart (although 2017 is not ended yet)
YjV6xwQV-oSgac__grqKDKGz0ySfJAU4clzJ36iqYhfBRmpJKUtSeMhpIpUQ_YUTFWAwqtL-eG06EOmdtKLMz6VqqK5IQNoQJ9Q-uoUCoIV5zVHeRjzo4B1zuYOjK9HbgRt7zNVQ
https://www.businessinsider.nl/stock-market-volatility-vix-correlations-2017-7/

Seven scary charts on the UK economy
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https://www.businessinsider.nl/what-will-happen-to-the-uk-economy-brexit-2017-7/

Trivium’s Guide to The 19th Party Congress
0ykj4-y3KYl4ZRdgooXUrGuAVmU4CRJKrJ5TWtua49vdLa4jAmVhBJmp0TxE_-i7TgFzwVn6EjiutTCBRsLmHlg46-dab9q95Vy_c_BYEo6NN3oIdarXBKYsL_WXfJA3e4oJylj7
https://triviumchina.com/this-year/looking-ahead-the-19th-party-congress/

And there is one spending item to rule them all…
JMDQsTJGKjWD6y7wuWGEIzdD3MReBUzr5-DxBsdI6ErqsFRuzdvouhx7pQiW8W5XeVEj99B0uPcOpPF984nr-Ho_Gg2RZuc_aHutU6wUoAl8F3MFvsjP2pR58XDAssf7a-dDO3gE
https://www.businessinsider.nl/america-us-consumption-habits-since-1940s-2017-7/

Trump cannot help himself
hXtxKWO4TvRe35uv0eyGdhet0GkyRkR4vu4HKgtJIv1auliEJ4yqFuAX9ZlJKIQt6mIScZh3vYrZ-22Z0KTwb8JnYae6emnwpkXmvrP0WNwehIqAB3hTKVuzkWKlbbujYrqbYOYi
https://www.thestar.com/news/world/2017/07/20/donald-trump-said-397-false-things-in-six-months-heres-what-weve-learned.html

From the study “Central Bank Balance Sheet Policies and Spillovers to Emerging Markets”
kGOhAQPjp74GAXGI1DjbI06T6gCGfrNDfZZ8AcTyW2smnAByNN_foUxXIonTw1JtWqpPPWa9E7fvxDwG8HfdAhXQY_FE1iSYyteZP-cSC1PWFxdGUEymNkIPpcu-nw9mDu5dOAlT
http://www.imf.org/en/Publications/WP/Issues/2017/07/25/Central-Bank-Balance-Sheet-Policies-and-Spillovers-to-Emerging-Markets-45112

A complete overview of all previous editions of Best of the Web Weekly Economics can be found here http://bit.ly/16dkN6i. 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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