Is It SAFE?

(1) Chinese Bond Vigilantes. (2) Posse of Pessimists. (3) King of the Bond Vigilantes. (4) M3 can’t be measured, but they say it is collapsing. (5) Larry Summers wants to spend another $200bn. (6) Italy joins the Austerity Club. (7) A stimulus plan guaranteed to work. (8) Are analysts delusional, in denial, or just slow learners? (9) Housing likely to go from hot to cold. (10) Exports boost capital goods shipments. (11) Industrials should outperform barring a double dip. NOTICE: Our Morning Briefings are now available on FactSet.