Some things I’m reading this morning:

  • As Libor fault finding grows, it’s now every bank for itself (Dealbook)
  • Knight Capital reaches a deal to be saved, but at a high cost of dilution (CNBC)
  • The unemployment report is weaker than it appears (SoberLook)
  • Aggressive indices & sectors flashing a warning sign? (StockCharts)
  • Repeal of Glass-Steagall: Not a cause, but a multiplier (WashingtonPost)
  • Best indicator, according to Joe Weisenthal, continues to work well (BusinessInsider)
  • Barrons bullish on one accessories brand–Coach (Barrons)
  • Bronte Capital outlines reasons to be short the stock of a mega-luxury goods maker–Richemont (BronteCapital)
  • China’s July lending & retail appear weak (MacroBusiness)
  • Lollapalooza:  here’s just some of what I, hopefully not you, missed–BlackKeys, TheWarOnDrugs, BlindPilot, Metric, Jack White