“Go Global” or “Come Home”?

(1) Obama’s Carter Moment. (2) There are no jobs on the moon. (3) Did Obama’s Cairo speech embolden dissidents? (4) A civil solution with the army’s backing. (5) Globalization and its discontents. (6) Revolt against corruption. (7) Investors should overweight food, underweight EMs, overweight US. (8) The four legged stool. (9) Muni market getting tougher for borrowers. (10) Europeans still can’t get their act together. (11) China has an inflation problem and too much corruption. (12) A few adds and deletes to asset allocation.