Some things I’m reading this morning:

  • America’s deleveraging: still a long way to go (Economist)
  • Europe back in the spotlight–this is definitely not good (TimDuy)
  • Don’t forget equity markets are volatile (WSJ)
  • Congress sees rising urgency on fiscal deal (NYT); see also, The fiscal slope–and other things people say to sound clever (TRB); see also, Obama to discuss fiscal cliff & economy on Friday (Marketwatch)
  • McDonald’s first monthly drop in sales comps (Zerohedge)
  • China data shows economic recovery gaining pace (Yahoo)
  • Iranian jets fire on U.S. drone (CNN)
  • Mike Keenan, former coach of the Chicago Blackhawks, was a real sweetheart (Deadspin)