(1) What are they smoking in California and at the Fed? (2) A few interesting propositions pass and fail in the Golden State. (3) The Left Coast is our Greece. (4) So are a few other state and local governments according to Meredith. (5) QE-2.0 is really MD-2.0. (6) Lipstick on the Fed’s pig. (7) Don’t fight the Fed. (8) Election results should stimulate employment. (9) Muddling Along trumps Double Dip. NOTICE: Our Morning Briefings are now available on FactSet.
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