we essentially pay for bailouts with inflation at the gas pump
Record Scratch… You Might Want to Put Your Clothes Back On
The thing is, reactive rallies after Euro Summits don’t provide much in the way of sustainable gains.
Puttin' on Risk like Carlton Fisk
Instead of Hot Links this morning, I’ve pulled the best stuff on what the Europe announcement means for you, see below:
My Executive Dream Team at Fortune Magazine
Pick your fave execs for a dream team c-suite
My Interview with Tom Dumont
Audio.
I like the pain, I like the misery.
My traders point out the following:
Hot Links: Coin Hoard
Your morning financial links, expertly curated.
Jason Zweig on the Near-Death of Equities
anguard looked at 3 million retirement plan accounts it administered and determined that yes, stock fund purchasing is down, but the typical plan account is still 65% equities. And also, it’s not quite that simple…
361 Weekly Research Capital Briefing
361 Capital portfolio manager, Blaine Rollins, CFA, previously manager of the Janus Fund, writes a weekly update looking back on major moves, macro-trends and economic data points. The 361 Capital Weekly Research Briefing summarizes the latest market news along with some interesting facts and a touch of humor. 361 Capital is a provider of alternative…
Fidelity: Here's Your Fiscal Cliff Cheat Sheet
“In my view, the chance of a grand bargain taking place after the election and before the end of the year is a long shot. In this scenario, Congress and the White House would reach a deal addressing tax, spending, and fiscal issues for the medium to long term.”