Some things I’m reading this morning:

  • Five years after the last market high, the remarkable recovery in markets still feel nervous (Barrons)
  • Markets will now learn that the ECB’s bond plan is a devout
    wish, not a done deal (Telegraph); see also, Soros: The survival of the Euro is now assured, but it could still end in tragedy (BusinessInsider)
  • Announcement of more QE expected this Thursday (CalculatedRisk); see also, will the Fed disappoint the market (ADashOfInsight)
  • Value stocks are outperforming growth stocks since the summer rally (DynamicHedge)
  • Bob Woodward: inside story of President’s struggle to keep congress from controlling outcome of debt ceiling crisis (WashingtonPost)
  • With no contract deal by deadline in Chicago, teachers will strike (NYT)
  • Arbitrage, a tasty financial thriller (EntertainmentWeekly)
  • Sunday NFL roundup (Deadspin)
  • Biden says life better than it was 4 years ago, but nothing can touch summer of ’87 (TheOnion)