X Games

(1) Dangerous games in LA and DC. (2) It’s not business, its personal: Lawmakers will pass debt ceiling so they can leave for their August recess. (3) The view from across the pond. (4) A very good deficit reduction plan is available. (5) My resume: Coined “Bond Vigilantes” and introduced skateboard to East Coast. (6) Not so disappointed by disappointing Beige Book and new orders. (7) Key measure of capital goods spending at cyclical high. (8) Still market weighting IT with overweight on Computer Hardware and underweight on Communications Equipment.