Best of the Web: 18-02-13 nr 1831

Good morning. Results from the past do not offer any guarantees for the future

http://www.businessinsider.com/stock-market-post-selloff-buy-recommendations-goldman-sachs-2018-2

5 economic puzzles in one paper!
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http://equitablegrowth.org/working-papers/kaldor-piketty-monopoly-power/
http://equitablegrowth.org/equitablog/value-added/how-the-rise-of-market-power-in-the-united-states-may-explain-some-macroeconomic-puzzles/

Those that think bitcoin is done and dusted already: think again…
1hivgzoGSV3IMoT61kyDlMzYG4YVwf3edN0sRxMEBRhPdL0VZHKGk00AlW1cTr-gjcTJNDMhxVluuAhTbE1crui_fnY2JqgRhwJS3boGAuNDdBRpG6K6p2J6IRAr-zBqYUHDOGLD
http://www.businessinsider.com/jpmorgan-explains-why-a-bitcoin-etf-is-a-holy-grail-2018-2

Looking at household debt without looking at pension wealth is pretty meaningless
joW-xehUvq5R3o7pmKATmJFHCLZfVEpy0QUYQL4RhG0vqdzuXLnUemgOGBsrYIa87Yhmxa3k6mnC_yGMcrTlD7xHaG8e88yn51A0tLBGC-PeIS4Ouk8BfAyzl28OIBlARRcsqyFt
https://www.ft.com/content/8cb9f0fa-0a61-11e8-839d-41ca06376bf2

“Does More “Skin in the Game” Mitigate Bank Risk-Taking?”
_dpD6wOnBmUP_r7dvQKwZMCLTkCkwKcASvk7Ud1xYm4tlQwFBfHkQNCQTcatMCB4gGRFnDLLpgNP72LjvthGJ7tMPVXx3GWMceOh3qiNjWSWv_5_6AizT_T7Tbfhid5ryI80Pgx3http://libertystreeteconomics.newyorkfed.org/2018/02/does-more-skin-in-the-game-mitigate-bank-risk-taking.html

Trade deal in the UK
5436ne7QNa77Z29V6sDh6GMrcs31_zznyU1OqzGQsnvACsY1-aOi4IxmB99zq8woHSqefpmQiWE3HeGE9Ng1SyVMUW0yvZnkq67pXK_vs_SzhnDjN6hFbKzgyhgSIV7FdoimGhvF
https://www.economist.com/blogs/graphicdetail/2018/02/daily-chart-6

A classic.
gwuFhE8ZkeXZwLVx0fQJzVFo3FGsY3clV9Kiq17GEebJ_wO5GJRcT9V1wW-scDOkBKTxH-ryOXWScfG2SclJbWoZvtjh1jUGmqu1OalKI_gdN-VaOmWzkjl39cWQTH8rdDw_OxhF
http://ritholtz.com/2018/02/price-changes-1997-2017/

‘Some’ words on Chinese shadow-banking
pOmaCm3fhsTNJ_Ytu98Sfgup1aqzpZfSm5aV8_ot4Y-aulwSJ15063LQfSJJD1O0JllyKNE9-9TKt1c_kX0X3QYbArWmqeCPlIPusy7FGYhKynbhSSCt3-f2foo-jdtuPQvS6XYr
https://www.bis.org/publ/work701.pdf

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 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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