The most expensive pizza in history

https://qz.com/1285209/bitcoin-pizza-day-2018-eight-years-ago-someone-bought-two-pizzas-with-bitcoins-now-worth-82-million/

“automation is good for growth and bad for equality; in the benchmark model real wages fall in the short run and eventually rise, but “eventually” can easily take generations.”

http://www.imf.org/en/Publications/WP/Issues/2018/05/21/Should-We-Fear-the-Robot-Revolution-The-Correct-Answer-is-Yes-44923

This is secular stagnation on steroids, apparently

https://voxeu.org/article/suprasecular-stagnation

It is not me saying this, it is the ECB

https://www.ecb.europa.eu//pub/pdf/fsr/ecb.fsr201805.en.pdf

Cobalt; the new oil?

https://www.wsj.com/articles/why-lithium-and-cobalt-producers-are-the-hot-new-acquisition-target-1526558400

And speaking of oil…

http://ritholtz.com/2018/05/oil-production-vs-oil-prices/v

How low can you go…? UK savers are de-saving

https://www.businessinsider.nl/uk-consumer-saving-and-household-debt-post-brexit-2018-5/

The difference in earnings power….

https://www.bloomberg.com/view/articles/2018-05-24/loss-aversion-leveraged-loans-and-the-future-of-music

A bit of a critical note on factors in investing

https://review.chicagobooth.edu/finance/2018/article/300-secrets-high-stock-returns

I get the feeling this is pretty old, but still great. An animation on immigration

http://www.visualcapitalist.com/two-centuries-of-immigration/

US credit card defaults are picking up…

https://www.businessinsider.nl/credit-card-late-payments-and-interest-rates-rise-2018-5/

ESG is on fire!

https://www.institutionalinvestor.com/article/b187ncy4svtntz/here’s-the-fastest-growing-strategy-in-smart-beta

Bond markets this year

https://ftalphaville.ft.com/2018/05/22/1527004897000/When-quality-is-a-liability/

The OECD: “The dark side of the digital economy: Bad things come in small packages”

http://oecdinsights.org/2018/05/18/the-dark-side-of-the-digital-economy-bad-things-come-in-small-packages/

 

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