(1) Gershwin’s lullaby. (2) Big Daddy running out of options. (3) Banks are still challenged with lots of toxic stuff. (4) Bogus stress tests in Europe. (5) Capital deficiencies. (6) Second mortgages worsen negative equity. (7) An ugly experience to avoid. (8) The case for muddling along. (9) Waiting for clarity on Greek debt and the soft patch. (10) Descending and ascending P/Es. (11) Beige Book provides some color. (12) Continuing to market weight Information Technology.
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