Best in Economics this week: December 1

Drawdown (or lack thereof) record

wEzAIhq0WWefzvjpDaLlNdk0Qk13BRAYaCuHFRMquiuqTKUe4WjugFd5LYTra6JfBNqg_6tUrp2K3v_Jq3Uq_RchkTi_rMOU6xepjr6W2YL_BDmriUQ59yq-nv31JLMI8iuFENDN
http://www.businessinsider.com/stock-market-news-forecast-2018-morgan-stanley-2017-11

Here is a different version
EhA4rvouUx1DZ4Kwdoa6UazyV9v-33kjK7TADgXLTjnAc384wnxDFr47COn4sC1aRwNQeJGcjFNIpDS39EmkClD5sjFMHiL3we_OSr4ndCQZAYpaGIvfMAUSyA0y4a4IUNiHwd45
http://econompicdata.blogspot.nl/2017/11/volatility-may-feel-more-painful-next.html

Some cool how-many-bitcoins-have-been-lost factoids
1JSnIHVOHSTIaYX6yUUIgBDekvmFEB5XaKW5O1QB4clW4pHILDpoTXYUSBlWMK755QmNdQr3aDabbARDMpBvJDcSAOt0gO_P8IxOb2wLv4aFnVRNnqdT5BkOni-6tK8EbF53Sx72
http://ritholtz.com/2017/11/lost-bitcoins/

The A.I. report of 2017. On -surprise- A.I.

d1GYArOodRioJl_SGEUurl5ldASC4SjcQsmRGQkHiEIPKXbB5swBxb0EFe7EQezO4bEYfRUCUimXpRMJk3j6QaCNeqkEaiSxnVAALndfbXjAnXDVvTPucO4bdq35pZPjZnnzl-1g

https://aiindex.org/

The word ‘possibly’ sort of ruins this one…

exaDzxFFO5cEDmW0XeVlhK7tKJp6YAMSDxLV-QwQ3kiqbZ45fuSxAtqPW1mV1ssn7onqlUj9KRUSP02ZbrhLZo9x3vSqj0Le6b0rG1P7dh6qjuHiuvK_74z0rTAUeJrliRQpJ0ar

https://www.ecb.europa.eu//pub/pdf/other/ecb.financialstabilityreview201711.en.pdf

Watch what happens if the ‘ads’ earnings model starts to crumble
ZALe7c3H7HGK_pjUUF4b_OAPYjqucVQSQIIsshm2uebWs9wP0M2DM_4PxggLDls3oI8TUyhr7n_2ixuhrvxHYIqWo3LNoEYTleMMI7lGJUoFQpnz1f7sY6bzl7QrjDCSbPI34b11
http://ritholtz.com/2017/11/revenue-streams-big-5-tech-companies/

Hurray for Abe!
K-3D1h347R1-gswEpvORrKMkBFQTffjhWOjJgGdO5hs8k1Zow5d0NGKHeXLmjVRi__1xrkWNDahpdxRnrochEB-UX0LVtOL0r4UVkOsTw2Jk12UwsgUzQLb2Ldt5xFC0m1g7Iw8-
http://macromarketmusings.blogspot.com/2017/11/abenomics-update.html

This sounds like a should read“Resolving China’s Zombies: Tackling Debt and Raising Productivity”

st7QcoyQSfwlMXV2bu78D5kM7t3z4ZA8sZx-rLKypcpzSrPOXIwyERAHu9bm--sL5HfuPYw9MC3msUA5owNQxVG8hJrHSQj-VUK2Vj3DInL-FZkE3p4l9QJF6TyCiOIDHXG85PVB

http://www.imf.org/en/Publications/WP/Issues/2017/11/27/Resolving-China-Zombies-Tackling-Debt-and-Raising-Productivity-45432

Why US inflation has been so low

ERuWcehzA1Gj1uTQPDA-_zwgZdtpkZ-6QK19epB9IRQFXu4KZPdpamkeNZgb7P4vrCAUClR-jpB9y9CADPOKfw8h1c5CzjyqmTvCLbm2635oHY9JseBHazpsEQXUpe9M5H6UGVJ-

http://www.frbsf.org/economic-research/publications/economic-letter/2017/november/contribution-to-low-pce-inflation-from-healthcare/

If you looking for charts that show that the US stock market is expensive…
X11o3WFAQA11um4h22iEmMUCFlKOik_hUZsCyR9Y75wbn9bvM6UGpxezBRuDB6sbp0ewvmyQ1tvVQcelYE8cu0wAk2MJMKouaL_XLrWVWdBlnaHdR_Qp7ar7ipMDdCBE0qYjcN-u
https://www.crescat.net/crescat-capital-quarterly-investor-letter-q3-2017/

Job losses linked to Brexit
ulpyMUzFSbir3O7KoZM3PHvMz1wJzSqHjbw8AVtyGvV0WtUPyoyCmNEGJLAfqMHcSL5SDeaQ4bBsd665otROFccOYBPTHc9-SAVYS6XZ7k9KtaJyA8KH8O4qKRa9ln83eWtJF1a1
http://voxeu.org/article/global-value-chains-and-brexit

A bit of reading on Italy
QpxC_fyVgYroRnlmuWy3RIlRkImK5TAgrFV-vghuSbDTV8BDte9WLAqpP74EUYeQNEEDXECaaWq5N3p4XYe9IzIxxwgTSAAJNdYfwsK4t98-ui6cq_gldWBZIWKcCs_NJBW71OVS
http://voxeu.org/article/diagnosing-italian-disease

This cannot be coincidence, right?
u1rJv72myDddwxkstbol_m7wp7of3UsbTniXyriDGxxVF1wJ200J9XGxg_LBJsnYzqdPsgeNaHZXnIFlkTA66yWGSIxY4qqsVfDke0Z9iZ6ODM24reLb4fjt_6kWxUnRTtHF7-cb
https://ftalphaville.ft.com/2017/11/28/2196193/productivity-and-the-crisis-of-attention/

The short version of tax cuts not leading to lower debt
k_NTZ2aBOZmjOJEAqzac1AziTsUCwEKT0cEdtuJIV3PJ1s3pRMzhdd1M-HqTFOmqn0h8od_6FIMj7HCLsqUajf79uz3SPTRJ1Jn3OsIG84B7pbyDTym18-g3SZ9JZ2ZFendiWeKm
http://ritholtz.com/2017/11/tax-cuts-dont-reduce-debt/

Cool overview on mass extinctions…
Zhdz144NADLPRXG9oAECEr4FII8sZbZaVo1_3hTuZG59RRU0xU09QLfEpsG2NWWO9KnXUHzOzSPQSiSMIiIlGvaizFgy6J6W3Tji5i7S_E5ZGCaMeQ9t8fME96BElV0JO4a3U9tk
http://ritholtz.com/2017/11/extinctions/

Wondering why the German economy is strong? Maybe it is this?
lNSSGUaBX7KN-lePut_smf1BNmeHoJZQlzjwRRYDYj9lif3472M8mzfseeKaI4Nq0SSqybH5ADUq7D36gtgl9Sb0UEHRdcLWOX8NDYyNCMlTNcQXxmr5REuCe_Xon9nFhTJN9Lkz
http://www.oecd-ilibrary.org/science-and-technology/the-next-production-revolution_9789264271036-en

If you lower the ‘potential’ enough, the gap will be closed eventually
pW8wi5om4pifQyvJ2Sn_5aBDq4Wa9uep_7bGChEesTP968qnF77DVQsWEZae0m4wLxvRHteGzjkMXzLmvijx210nuXl_YssVhCw-qN55AS4MH_J3i9HL-aKocNs1_Z5tvjywTpIi
https://www.washingtonpost.com/news/wonk/wp/2017/11/29/tax-cut-proponents-promise-3-4-percent-growth-this-economic-milestone-shows-thats-nearly-impossible/

 

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!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s