Best of the Web: 18-06-01 nr 1894

Good morning. Is this the time yet to go short steel?

http://markets.businessinsider.com/commodities/news/surging-steel-prices-are-self-defeating-2018-5-1025993053

A dying breed: US banks are in decline
E-i2MNE22gc1aQSDoKFFE4_dwjMPx60AsP7vRyeqwAoJO8kjP0kapIzt26huKt4bwYnAqq9wibhPKUlzLERjE74IGgjuCPZNRGtJbsfyjejB3Jof6xKLvUdGSVDxMn01FBt94_we
https://www.economist.com/finance-and-economics/2018/06/02/the-number-of-new-banks-in-america-has-fallen-off-a-cliff

A large proportion of US earnings growth came from tax reform? 57% did not!
7vIx7aRGKo9FsNpozkZWKMYLpilxy182Y2Y-8sxN71Aswt_fM1azJr2VY1rrx40DJn04lvyuozY92eXZhEJo-mdBhERYcATadiVpq-3b6lGiZ2cMuFs_XAaIKOVRia4ri3GwFtbl
https://www.bloomberg.com/news/articles/2018-05-25/trump-tax-cut-is-gift-that-keeps-on-giving-to-corporate-america

Italy hits the markets
Q6xVwYmpoeCHJvBg1L96StN64ZsuICIBj_Yviixx_0KkTRxymGq1bgCLgf-GFxTIcEEKF5Vw1-gGyaf4cTZrtaTgHIlswfX4DU-CWV0qBGMPbu-kjfo3E_vMyHOeDc8wVwpIzb7k
https://www.ft.com/content/32a87972-651c-11e8-90c2-9563a0613e56

Weird question: “Would a Central Bank Digital Currency disrupt monetary policy?”
7OJbmT7GhYD51KiJqGEOcGTzEe75riVH7mbtLsWYoHJqJCSwrnbBOQCxKSaPicTYgClyZRvFMfiTGtg8Frx3dY6tFOR0uJF7aj9tdi45iB4DCp8YO2vns-lrZ9OSVo5JbTat0pV7
https://bankunderground.co.uk/2018/05/30/would-a-central-bank-digital-currency-disrupt-monetary-policy/

The US opioid problem
-jrkdkS03s7d1LtytmG66jTDClIcofQfQjLp2Qcq9f2ktBztA1ok0flzp_q5isAIOHav_eOCgLKWNujXZSDlC2_44aoRMcIUAOqERrsCEiEd2t1wZ9m0ATJ_9hcSe7mHc3cvhsC8
https://www.economist.com/graphic-detail/2018/05/31/lawmakers-struggle-to-get-to-grips-with-americas-opioid-epidemic

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 Do not quote unless specifically cleared beforehand!

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