Good morning. A classic for sure

https://mainlymacro.blogspot.nl/2017/10/the-obr-productivity-and-policy-failures.html

And talking about classics…

http://www.businessinsider.com/amazon-effect-inflation-deflation-2017-10

So who is surprised here: it is a the-winner-takes-all-society, right?

http://ritholtz.com/2017/10/10-weekend-reads-14/

A bit of homework done by the IMF (the full outlook will be presented today)

http://www.imf.org/en/Publications/WEO/Issues/2017/09/19/world-economic-outlook-october-2017

US companies are ‘spending’ more money than they earn

https://www.nakedcapitalism.com/2017/10/200pm-water-cooler-1092017.html

Central Clearing Parties: as good as they are going to be

https://www.moneyandbanking.com/commentary/2017/10/8/resolution-regimes-for-central-clearing-parties

The question that keeps resurfacing: “Why Aren’t Wages Rising Faster Now That Unemployment Is Lower?”

https://www.nytimes.com/interactive/2017/10/07/business/wages-versus-unemployment.html

“Is the “globalisation –> disinflation” thesis bunk?”

https://ftalphaville.ft.com/2017/10/06/2194537/is-the-globalisation-disinflation-thesis-bunk/

And the IMF’s country report on Spain

http://www.imf.org/en/Publications/CR/Issues/2017/10/06/Spain-Selected-Issues-45320

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