Best of the Web: 17-08-31 nr 1720

Good Morning. The US recovery by state

http://ritholtz.com/2017/08/current-state-us-economy/

The IMF on China: debt is certainly not trending in the right direction
5mpr2HZgMuFKA-CI37f2LxfboHS0kCqfqOhXohJX7fQbN4n1JIjYRe0oA6-ajGaL_WF4a1VJgQ_n7BKW_evE5F6EvYWYamV-oKHAStZAZBZjRyM2WryIlc64FqqABemb6OQN1yU8
http://www.imf.org/en/Publications/CR/Issues/2017/08/15/People-s-Republic-of-China-2017-Article-IV-Consultation-Press-Release-Staff-Report-and-45170

“The productivity slowdown is even more puzzling than you think”
PzG8X3VuqL6CdXgIXqGx-FXXuyaHlQu-QlGUdAm903AE3Wbupj02mKt-UV7BndORAhn-RyzgmKJn5LHh3Nx8ZVDhGlo6KDcafTXUaW9bDB2Z3i3LgroQ85bDHp0e2RMs0Cj9-XLl
http://voxeu.org/article/productivity-slowdown-even-more-puzzling-you-think

And here is another on productivity
srxowxyLV8aScwvxZmW5Ff187RmRIzCwqnA_DOkiIdxGGPjiXo37FynDIarwcFWPjmVGh5LEBGzqpD5siDcNzmR74LbtTZgKae0c1YHEbe1NRLxhCLi0zVNstnyFglXEa69SSyoC
https://growthecon.com/blog/DE-Markups/

The rise of assets worldwide
IT2mJe8iC8neI1VDn10MQT0ixGsE8XVUXhVZXHCab6bsFs11O88rrEdkxVN6pE20Z5q3ATMgMkCEwS3Muz5a9BXT_QoadTX--Is6B39BuLwEcaEL-oquKs_ZZyaSomeZ4inY6MUL
http://awealthofcommonsense.com/2017/08/how-to-get-rich-with-alternative-investments/

Remind me to read this one.
DeSVQhi_98G6BY9Xjb-H_Jx4S_Tz5HgC46fDvpCk00HaOUB1FpiTjbbCgS1H8jAFrQtqw7_Z3q9vqpE9rgZkheEgnIblUWTZldK13hZabKrjaXm3Q92I6An34CpL_xaXtPJT3cV2
https://ftalphaville.ft.com/2017/08/25/2192774/another-way-to-look-at-wage-growth/

The ECB is quite positive about its own Asset Purchasing Program
pCneQyMkj75MwuzoLW1iJZx7ZBSR0ldkc2Be__L1etz4Yk-RQj4R-TIz75UgRhjkcgiZhvTo7r-VRnHjyGmwQrDsQjjExf_6rt4afp6aiFq-h9uf4KKOPnsA6XEqWBwvDQYqAV5S
http://ritholtz.com/2017/08/macroeconomic-impact-ecbs-expanded-asset-purchase-programme-app/

Cool chart on banking rescue recovery rates
0x21tgpS4WpLhoyrZxdgaOufu8MrreO8Llw6JrGJFA7m-QvuGDP_2okaPk1NP2CQHKBrXYflaAWIQMc0lyaIo-dgyhxpu8dh8-igTK19Q1FV_rvEtF0oQj8K9XDEyPBkiVdkg1LV
https://www.ft.com/content/b823371a-76e6-11e7-90c0-90a9d1bc9691

So much for forecasting the future….
5367xhPvLeIHvxTMbud_lNQip7SJN_Rhc93r9TRLAJKoySzuq9ns0tWjntqsxbz-1oI8292_DX5i2I_WrClZ8C4alAywN62vogrgDihvtpGvwYAtM2XGuQgvU-0NDgLbM0pwtC21
https://www.economist.com/blogs/freeexchange/2017/08/budgetary-crystal-balls

A bit of reading on the US external debt, by my former boss Wim Boonstra
0eEC4CW-c8XIBnTx-ZIACqe1CdQV8z1qTFz_hQGzd_EjnFqPcmze2NUk67TPhC2Y4n7lRmeN9qh8OpdWqiuM3Alfn3JllaAxsX1mThdI3hOue5iuYZMwQ8epE3B7Wp9QVGUKZI8c
http://voxeu.org/article/external-debt-us-no-cause-concern-yet

Credit quality is in decline in Europe
gJd0lK73EEUPIc_HlWxwvYgeFZfSyCElQ98G1X603W3swR5j7wo2s4W4CyCcWS6dg-UuvccCFPLoOn3itHajt4QLQYFiD1uvQQoYVR4yGgfuzTiqipy3HyjCtKd1pGKffAjeprsH
https://www.bondvigilantes.com/blog/2017/08/23/decline-covenants-european-leveraged-loan-market/

Not very surprising
Ktj8qpk_NCA_pF1PUUHrD9Tu5uMgbS1J0Cwzp4DgNDQWyvtpKN2Rv_gheDX-GzCDiiLEGaeokwSxAyzk29lq2TxYXHBB92DfZQ2V8RSv-S6ul2WrXhBAucsIfhGJtJldU1GIVDdz
https://www.economist.com/blogs/graphicdetail/2017/08/daily-chart-16

For what it is worth
oi8gCZnG14b6_yj9ikb7ATvhyWHqiXPHVxEE9tLcJQBMTWJh2D59fzd_mjAqInQIZ6znRmEafUAQZ_nr1K1rcUjIzgk2p2eU6BX0N7eNjcVurcR_sjDMkMq2c47A9Wtpp5Y7Ebrt
https://www.businessinsider.nl/stocks-market-news-traders-bailing-from-us-equities-2017-8/

Still need to take a better look at this one
0ZL3toWgRdAyoY66D5RVD1XyzpJDMJgpMelkJ5aAcrZRkP5cUCk5--v2wd3wa9U75i_fSVz4WvJPfFdKiEOeL0nVbKbVS3zrluookQbiswbVFxJfqg3kSK0nzoEMpE4LpEEOIrhE
https://www.economist.com/blogs/graphicdetail/2017/08/daily-chart-17

And, yes, the US schedule for the week to come!
HNcW3125qJR8rju8CWBA0DNAXka1B8qNQHN_K7EZT4J62YuBJaW8oyCtmDhsxcYhBBeoSinQEMxRtarg2yO3Cp3_CY5enZn1KDJYDZnr8_VDxwn_WN94fqJdfSetliWb7io6QXIR
http://www.calculatedriskblog.com/2017/08/schedule-for-week-of-aug-27-2017.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!

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