Buying Some Time

(1) Stocks bobbing up above flood waters of bad news. (2) The Great Depression was a double dipper. (3) Buddy, can you spare some time? (4) Bill Dudley’s mandate. (5) Louis XVI and Le Deluge. (6) Nancy Pelosi and November 2. (7) Ferguson/Witte study confirms that stocks outperform when Congress adjourns. (8) Eric Cantor predicts: “Things could get messy.” (9) Steve Roach on income in China and the US. (10) For autos, less capacity, more profits. (11) “The Social Network” (+++). NOTICE: Our Morning Briefings are now available on FactSet.