Some things I’m reading this morning:
- Morgan Stanley: here’s the chart that shows why stocks are in trouble (BusinessInsider)
- What changed in the FOMC statement (AlephBlog)
- A hint that Warren Buffet thinks stock prices may be currently too high (PragCap)
- S&P 500 corrections in current bull market (Bespoke)
- Ritholtz sees ‘major cyclical correction’ (TBP)
- Household debt has fallen to 2006 levels, but not because we’ve become more frugal (Time)
- Refining’s fortunes rise in the energy industry (NYT)
- A profound shift in Mark Zuckerberg’s attitude toward FaceBook (BusinessInsider)
- Denny’s heads to Middle-earth with ‘Hobbit’-inspired menu (LAtimes)
- Hedge fund manager donates $100MM to Central Park (NYpost)
