Good morning. And here we are talking about Italy and Greece…
https://www.nytimes.com/2018/05/24/opinion/heartland-wage-subsidy-rust-belt.html

1994: eat your heart out…

http://www.businessinsider.com/markets-show-its-late-cycle-bank-of-america-trade-recommendations-2018-5

Another warning signal: mergers and acquisitions are rising sharply

http://www.businessinsider.com/next-stock-market-crash-merger-deals-on-record-pace-wall-street-commentary-2018-5

Manufacturing employment has declined, worldwide

https://voxeu.org/article/declining-share-manufacturing-jobs

The FT on Japanese wages

https://www.ft.com/content/8562e392-5cc9-11e8-9334-2218e7146b04

Interesting chart, but I wonder how much this is a currency effect that we are looking at

https://www.bloomberg.com/view/articles/2018-05-25/ritholtz-s-reads-creating-social-value-and-taking-down-unicorns

More low-growth coming up?

http://markets.businessinsider.com/news/stocks/world-demographic-change-what-it-could-mean-for-global-economy-2018-5-1025317988

Some mesmerizing pictures from the Hawaii volcano

https://www.bostonglobe.com/news/bigpicture/2018/05/21/eruption-hawaii-kilauea-volcano/rBCkBHoRGTM8l3RaWUITfJ/story.html

And the US schedule for the week to come

http://www.calculatedriskblog.com/2018/05/schedule-for-week-of-may-27-2018.html

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