Best in Economics this week: February 9

You knew that someone would come up with this chart….
6vMkpmSQkF3a7MKOhoGpCUfhmHOqKah0RE7VKit0LgH4ce_OzFmMFewoCMqpe73dMSozFKspESIBzcLQgQsCj19RokRO3vJlSDJD2MWbt-ZOnzU-oKD8QmAU9b4ovFwWiRMx7ps2
http://www.businessinsider.com/trump-tweets-stock-market-dow-jones-average-2018-2

And here is Trump’s response…
Z2oJh7IkY6JT9fkEkjulZXBsMdTAc1u5Hhh23HZudUd46DtXIYbN1QUdMIDdDxhOQ7GudiLyfuiZKtBVG6zOsd3rou1l1ia00c9bZv4WYd8bySLu5E8MaKZ2yWz99FSNMoMTKuwD
https://twitter.com/realDonaldTrump/status/961253168968622086

This one is cool
b-_-VIbgmyKTSLegbjwj_I_G5PiS76j8DDsRAu8uOqD76X77JDcfhQ1EHyRG6UymmXdXTttheP62DeqN_stKRXlXRCFgMRQEK3xK5U8EqjToOjUYxt5zQqvwNoh1YfEz-3Zk6-E9
https://www.washingtonpost.com/news/wonk/wp/2018/02/06/the-stock-market-decline-probably-isnt-over-yet

The sell-off was an equity event only
OmyA8-ytFJAVIUEuyK1CmcyqWG59yqxtQAKw5NGYs1izhYlX9q4erdo_nzOoUlx7t1COVdgZt9r5WPAKO-Fud8nzQOuA4JRiP0r8rcvtC_Si4X-qgF4XtBZbYye4M8HDH20kNRZ4
http://www.businessinsider.com/stock-market-selloff-biggest-reasons-not-rates-inflation-2018-2

Risk parity, does that work in these markets?
ob6jslcSLdSFz4Q3f1TJrU2S2SEx5yJn9aCAO0DGuSaC8-hqdj_QT1ESOpNsFN-nRpygSEeITRg4AIQWUIE4ukRXDsGDeDYAHrhMsA0coOJSnff0T1o8iueGG0bYhuKj60rkrQLJ
http://macro-man.blogspot.nl/2018/02/old-correlations-die-hard-stocks-and.html

A bit of history on hyperinflation
2oXO-LjOUXgrz1dIPkDkKC1THclWgAAu5lMpbuCd3Bp8CVdw_0mnF_An8RG-zG4JCdktf78IvDoOHTXFEt_7esmudIGKo_6zOT6LJhAyoQX5Ls0RP0FBmFC8DgBqTt8G4CTxcJyS
https://www.economist.com/blogs/graphicdetail/2018/02/daily-chart-1

Speeding up, the Olympic version
shzp7lHTJJ-BR7yvZp7fYMI1Mc4IR1qz3W6e775rCFb1H6z7YJI7y5sGEywqM9BivrChuxXb5VGfQeXUq6rU7wMMqfybtvBCe3OYs3cnkgCC5l1SdcGN7i4A5ED0nxfHOKCryNy8
http://www.wsj.com/graphics/2018-winter-olympics-art-of-the-millisecond/

Wages picking up, at last?
qv6SP8pqWPZl4QMKRZOn3mLQWcrue8pRpmH4PO_BD78sodoiZZsH1299ov8ifR_-kftSLMX_t10JomlCmyKk-TuVnrzTNA4Zs-ALPDspXfHQzNE2HSXSqXLY6flQ4uJ35PIcWiND
https://www.bespokepremium.com/think-big-blog/wages-picking-up/

Or is there nothing out of the ordinary?
YMptaYocab1W87XKeUrFwu7MX51b9tjxrhn2OwHhWMD1Q8pcbgJrqok_EhgEoo0o-s6Kheo4zqWdrjxFmM2OD8nSMqowyiD1GGmFGhvfC_gWslyzwC0-PAAZ7v1spaaQzJ_IG__V
https://www.nytimes.com/interactive/2018/02/01/business/economy/wages-salaries-job-market.html

Don’t tell Trump, but here is the ECB’s assessment on the tax plans

a3ofX8kgs_bvAfFVZtlKHUW_rsn0OQlg6uqYgrvHJE_NDtfgAAyTWjq-tJIzuQiGZyB6ccaK6l97g6EsIL1Y2WSzrv_KMQyi536uMklQojf0L3LlYWCavgedypKDK2iOWk2GsaHP

https://www.ecb.europa.eu//pub/pdf/other/ebbox201801_01.en.pdf

Buy at the close, sell at the open?

sq8cZFdX34hTXZ9oMqoKAuO58G31n1xdQJ_qIc5UChYGjHGrhG0DZWcNXC9E_puDoYH0JLtL3L453OjP0yQMNmZJ0szFOe83psWISiwy7KjQe4FT_chOIOXbCS1yVaUfkdNDc8QQ

https://www.nytimes.com/2018/02/02/your-money/stock-market-after-hours-trading.html

The infrastructure gap!

5pY-Td6emaMSAhDQPo8C0Oh0DH0omxz7gY6zAfYFLDloCHaom30YruG-aFa-Ji7-LLUX26RaIAcZ4mdvnCvVtqoAqk5fAEhGG-sGI06wYfF0lZt_nsDcJ-nVFJ3hbvC6cH5YmgdY

http://www.imf.org/en/News/Articles/2018/02/01/na020818-public-infrastructure-in-the-western-balkans-a-highway-to-higher-income

The new Grand Coalition

VumJcS6lR-QbfQmLlBuB2f_tiE2EmFkvrjC1zwxf8So2PmJC0M0uQ_OkrygHWpQJ85rZ3GbyFeA6Fs3PtVnHHXEmwfFy1u0GvqTyRKZ-piZtVSPaK-iVWhpy41M2invTprZSOcPY

https://www.economist.com/blogs/graphicdetail/2018/02/daily-chart-4

Interesting charts from the ECB on durable consumption in the Eurozone

GmN-b6gttWKwhCU_WmzjV-6qE_CpmEmfcWU9QUiVHvb2zzlRrB5B9oaG84Q1cbPr5V-_mp0bP__EPJv45UiyzszKTDsr31qJeXoYE8wMG8vc9_I9xo97QigQjG6ujq6LQ-LP3MF8

https://www.ecb.europa.eu//pub/pdf/other/ebbox201801_02.en.pdf

Can ESG help performance in the High Yield market?

sApiFiuyS69nBKgVet2dv4LMM12P4GnndKylrb6N1vMOFiYtG-WEuaN1NkDJ5b0our91rBFPFG2wBgf_3_Oc5GzjwqBIwuf9VDdOWMkRTLVz6tk_H84sehAQX9_4TfXGQasN4p2X

https://www.bondvigilantes.com/blog/2018/02/06/can-esg-analysis-help-improve-high-yield-returns/

This overview might come in handy one day: deflation in the world
PTAj9--bq2qJWbwpCUaOecduGE-NAU7ihNGnGhS6lyl8dtQM1aBTvJXrDtgdncXTC_9WBdG95evz9SgoYgRwtLfVSoVGi0HydWCewxMgAdYQUZ_rxt-cZliMTA2BGUe_qzGWE1KL
https://www.bis.org/publ/work699.pdf

 

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!

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