https://www.theatlantic.com/photo/2017/08/hurricane-harvey-leaves-houston-under-water/538215/

Here’s a surprise: the ECB is quite positive about its own Asset Purchasing Program

http://ritholtz.com/2017/08/macroeconomic-impact-ecbs-expanded-asset-purchase-programme-app/

The rise of assets worldwide

http://awealthofcommonsense.com/2017/08/how-to-get-rich-with-alternative-investments/

Oxford Economics lowers its outlook for a smooth Brexit

https://www.businessinsider.nl/brexit-free-trade-deal-oxford-economics-2017-8/

The IMF on China: debt is certainly not trending in the right direction

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 regional difference in the stock markets in the world today

http://voxeu.org/article/risk-intolerance-and-global-economy

Cool chart on banking rescue recovery rates

https://www.ft.com/content/b823371a-76e6-11e7-90c0-90a9d1bc9691

Listed companies are in decline

https://www.bloomberg.com/gadfly/articles/2017-08-29/6-trillion-reasons-why-a-shrinking-stock-market-also-rises

So much for forecasting the future….

https://www.economist.com/blogs/freeexchange/2017/08/budgetary-crystal-balls

The productivity slowdown is even more puzzling than you think”

http://voxeu.org/article/productivity-slowdown-even-more-puzzling-you-think

Interesting gap, this one….

http://economistsview.typepad.com/economistsview/2017/08/is-poor-health-hindering-economic-growth.html

Credit quality is in decline in Europe

https://www.bondvigilantes.com/blog/2017/08/23/decline-covenants-european-leveraged-loan-market/

AQR is putting up a brave effort to try to sell bonds… (based on numbers of the past)

https://www.aqr.com/library/aqr-publications/asset-allocation-in-a-low-yield-environment

A bit of history on the start of the financial crisis

http://voxeu.org/article/financial-crisis-ten-years

I wish I would have thought up this chart! (from BIS research on the Global Financial Cycle)

http://www.bis.org/publ/work661.htm

A bit of reading on long term forecasting

https://www.economist.com/news/finance-and-economics/21727899-historically-high-valuations-equities-complicate-task-analysts-struggle

 

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!