Best of the Web: 07-05-26 nr 1877

Good morning. Cool overview of the three functions of money

https://principlesandinterest.wordpress.com/2018/05/03/moneyness-of-betting-tips/amp/

What China owns in Europe
k04DlU607n1c_wWr8d1xLdLkiMkJd17bs421elH5_qq9-w3J_gZRP9MppS6HvvHBBJTgfhX6zF0hA-SD06nqkjba6fI2fED65wOXFMyz9sYOnp6KYyOKQ6aPbbEKOzTDv0cLvf49
http://ritholtz.com/2018/04/china-buying-way-europe/

Mmmmmm….
fHc6R_mx2BqShi9_KxAktoiT_UO11R524xAVlByUVGYp4sRivpkpqB5rFqfYUOBiCbOSoUrtHaU8N2MG66OBc_c4cAMUw-wwPvJNUdpMWte8YpM14IdmKWCwUx7_XeboFNxXk7f7
https://www.bondvigilantes.com/blog/2018/05/03/are-the-european-commission-and-the-imf-right-about-italy/

The OECD on Greece
pik3WDIghd_dBhMB_CPhcUiO8x0hSSJLBMXLdzk0g-UWZ4fQr_rRaU5-35e_h0TnG7qOJOmjjBNk7tDWc7qyJtdX_WS8MmQBjdbP7HWejKFD_2gXKFFwOVbbIu7ya7uZqRb4yHjH
http://www.oecd.org/economy/economic-survey-greece.htm

The Wall Street Journal tries to explain the lack of inflation in the Eurozone
HNYq9UMUR_4LhMVaGuyuO4fz0sf-ncsCqnaHnfURu_EgHIGqznDabaNBgow_J_Lg78mk8MxvFRWgD52dDnkUfyexEyntAdS42djWVCzOoE9tbBNwsbS1IjHrXXBB0mGqEax0jYxb
https://www.wsj.com/articles/the-riddle-of-the-eurozones-missing-inflation-1525635726

The plight of the US retailer continues
c2oB2lOPmQ5vvp0OWbiGtuEiMVEIpySRuEz6F7Vr56bezIBMWVlIC6aN3r0Q-uvB70nlgnjWKWSiFUjrm1H66yTCQGW-2KevQx97-Hcgqi9c0wpuYGJ0im_QDSLPhb8H83FpZ8CC
https://www.bloomberg.com/news/articles/2018-04-17/as-toys-r-us-fails-the-retail-real-estate-glut-is-getting-worse

May is breaking records
stF1ZAhvfE3CsE5KNdZhN4kAJJ4gjUlaz3V0BEnrF2lquawYZD82vZdSQjOoJ03Gs7ZyWDT5WJQPCaLJn0L5ccvNOO0TffBtRA9izsIOms8Sr3GyMyc5FNpTAkFEMHYYDv40t-Dg
https://www.economist.com/blogs/graphicdetail/2018/04/daily-chart-19

And whilst on the subject of the UK: look at the dismal productivity record
cuqCZMvALtx5jF6A_JjrwwCG-vMpEmEUZRV73QUR38X4tTRODAZ7fEkcbJkqyye5lf-qTVf90NLOziUw9o4WghhdxIiuNK4LWGee-Ixpt8Ua8_XEin2vxhDsTZMkVshZDM7pHltP
https://mainlymacro.blogspot.nl/2018/05/why-was-economics-so-insular.html

Credit is too easy resulting in lower credit quality debt
MMmAq1hr6WA_ZiE5QgDtP-4ZBOncHka_EwZ8CfjfOmxR3v2M7wkP5paARZPKSNZR7RFIMctZK0j0IcbJLPVGu8h3n4eqiVbTLFzp3RyrEtMHNPPXexcf81mD9Etm0NxURIudkJXh
https://www.businessinsider.nl/wall-street-ignoring-market-risks-like-leveraged-loan-growth-2018-5/

On the rise of the Chinese super power
SubwBvTOkJvDnZLBPyc2AnR0EooiRFwzEx0SWzkQHg5ypJmzivVPdNogfMFrO8nB8tWZdO--iUyilZKajQRHFr0quJx1TlOfTNnYQ-rvkgfvGTyg-wQ4DzqPHjbBnd1zWYuXG3Nv
https://www.ft.com/content/c4df31cc-4d26-11e8-97e4-13afc22d86d4

Some investment advice from Citi
qe7x3Zk0SIzgPknNYc3BTixrS7bAga7dkWK6T3RwCKZwKCOFWDXCCe889QhfbtGzMSGE51rtC58gMcBjxTRqZayZGvJ-W_zHemd1F7Mp1GMPVdHzbDCOhrcbZzpduHyW_yOkPQQ0
http://www.businessinsider.com/stock-market-rankings-according-to-citi-2018-5

And the schedule for the slow week ahead
AUBpPpSb7M90DYwAiaxfFvjl6utSyqJWrRVjiS6RHmq1uTj1qOWhySemdgujn5559q8PeqYLJkvm8Yp8nvVrvI6atsWdN14Kbn6q_5hBDNVj9jHxbK1Iiij9L3EmCAf4RgjzCbAX
http://www.calculatedriskblog.com/2018/05/schedule-for-week-of-may-6-2018.html

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!

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 )

Google+ photo

You are commenting using your Google+ 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 )

w

Connecting to %s