Best of the Web: 17-10-12 nr 1752

Good morning. Well, it is official: the stock market is broken

https://www.bespokepremium.com/think-big-blog/the-least-exciting-record-ever/

And here is an interesting read on a central bank who is actively pursuing this as its aim…Aph9r_OL_3f8Bp7OBtZ1Jf2EdXhmS5xDvjofLExmkcuR4a9qMbGtxdQrEzxOHP2l5dns_eIWQDDRH9NPGPP2WeUGQQJBAI7ywnMs_NtxJLfo72DICBm7_OuJFqBGy21md6B76mP3

http://voxeu.org/article/quantifying-effect-bank-japan-s-equity-purchases

The Fiscal state of affairs
OyPSttCbUkBrtUOdsk_F4bKNPer7B7-VlTUPUh_eSn3uZ2AH7b6K0NB44IV_ddsMpKoz9LXX0iamhpVJPDcDFAL0VP7CwLpjet-gMhnYEPtbcVJauadw6CatQ7u0Il-z9O0Erc2P
http://www.imf.org/en/News/Articles/2017/10/10/sp101117-opening-remarks-of-vitor-gaspar-at-the-fall-2017-fiscal-monitor-press-conference

Student debt, the other way
25LAHZ5CoWse3WQRhXfxvIvdnyYwU-VwAW5MpDuP7cw-mOgZXgwdAlBG0pvfkBVarS0D8lcZFkxnAT1SGUWGfRAG5pW6hW68sOS7OVtWfhatqzXvApzNkh7OsR5bRfpCMoAtsogs
https://www.businessinsider.nl/millennials-are-being-left-behind-and-it-poses-a-huge-risk-to-the-us-economy-2017-10/

Not much has changed
SI2TJulk56GCyLhSWEzhlsT3ndW5dqpSVwL7tW7PTuvM03QciekdzeCwrUfj7cHbsQZxIn6pr4bAs1aa18jz-ILBg776Zab67tqMNZXBXv1YazSodW9wu-32fG8D5fgHl3xCGqyh
https://www.businessinsider.nl/how-people-commute-work-us-2017-10/

And this has gone back to normal as well
6C3hphVKreRHc4nzGRYYEhKXxIVdlY_OyIakQiAD2NccTWSAO_GRVzLOJFQaaVs4jF_cogjo3emTJ1jJhaYGlsW4iW9tgjFFjw3cFcA8mQIhHXHANsaBLxp8PH_i6qmHSUgHZQvN
https://ftalphaville.ft.com/2017/10/11/2194672/cross-currency-basis-rip/

 

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 refllject 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 Do not quote unless specifically cleared beforehand!

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