Best of the Web: 18-05-30 nr 1892

Good morning. US consumers are pretty happy…
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https://www.bespokepremium.com/think-big-blog/consumer-confidence-above-120-for-11-straight-months/

Another bit of pushback on the whole factor investing
111Wo_MFl0a_8PrCAVpSH_oM6Zx3Zz_yoFAjNrrrc5cBuGQJXaN47dKhcmV8ETXhrkF4rM_ithRgDdl25Yt8pi8V9tm5pUNtJFfMISG7sVH88bPb9-lj1DTBQ5Z1_Us7OSxC5VwW
https://www.bloomberg.com/view/articles/2018-05-07/smart-beta-can-obscure-the-big-investing-picture

Very cool animated representation of pay inequality
pf1WGwd07t7Q1YtWqdo-wVUwEMP9-ufe4IBggGwI1q5eMmc8Y4EFueB9EQyjHX4c9BAKhNt0AcGOSjyNRnZjVG6Ftj7N8wtA_4-4Akzk31Zw3X9qKhdVEFQqxRUS--L6smzTuyFi
https://www.economist.com/graphic-detail/2018/05/29/american-firms-reveal-the-gulf-between-bosses-and-workers-pay

Is GDP overstating growth?
Wbce_RO8FvX5qIZCZEZ6wgjwE9PLqWlCR73M0sKWOIGNuVvqkWzKhaz6qjGuJlSWOYFYY1rIF8cAp87OcJ3gU6ekWJB0RY1yGvqOVc4pMcz_OKRqyGdYLcSsDroCfookTBq_PjhC
http://economistsview.typepad.com/economistsview/2018/05/is-gdp-overstating-economic-activity.html

Probably an oversimplification, but still
pq48E8i9qwuQA8ekLc3Ib8NMhG80Ad4ypjhPf6NgUdxLCo4i0yl68tueidWwGQIHcL0vSotQEx8___AYHyuFLsRfuOarZia7lscmE7SORqoOA3L0U5gCMkbnxhR3bUvs3Eo-fqfG
http://ritholtz.com/2018/05/gig-economy-tiny/

How different age cohorts experienced quite different wealth effects
A4TeVM85iHJ3yWrg6I-PnjxcGo3z8MIwWtq1kVp_f9_oZoP9-MtkA-YIIRH-iT8Yepyedl-FauV2jo3K0lx4-5jJiUI6zGVBV6UipeaVCCcBuyXwIRVW1rhRRrk5Ynz6aeCZcpHg
http://ritholtz.com/2018/05/demographics-wealth-2/

The remarkable returns in the Nifty Fifty stocks
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https://ftalphaville.ft.com/2018/05/29/1527609783000/The-not-so-Nifty-Fifty/

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 Do not quote unless specifically cleared beforehand!

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