Stuff I’m Reading this Morning…
Remember that time, like 60 minutes ago, when Europe looked fixed? That was cool, but look what Berlin just did: (Reuters)
David Kotok: “Our internal studies indicate that the potential for an upward move in stock prices is huge. We are positioning accordingly.” (TBP)
Citigroup pulls the same CVA/DVA shenanigans to make their quarter we saw out of JPM. (ZeroHedge)
Wells Fargo beats on easing of loss reserves, revenues still dropping. (DealBook)
Kinder Morgan’s deal to buy El Paso is a monster. (Reuters)
The three kinds of Crash that we could be facing. The feel-good blog post of the season. (RealityTrader)
The game for media is no longer traffic, it’s engagement. (ReflectionsOfANewsosaur)
Research: “Inequality is actually associated with occurrence of financial crisis.” (AlsoSprachAnalyst)
Erik Swarts: “like 1998 – the market could continue to vault over the now heightened wall of worry into 2012 as money managers scramble to catch a throttling market.” (MarketAnthropology)
Don’t miss my daily linkfest for financial advisors this morning! (WSJFA)
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