(1) The Merkozy story. (2) Waiting for Super Mario to ease and buy more bonds. (3) The ECB’s stealth QE. (4) Worthless insurance. (5) Breaking the kneecaps of credit raters. (6) Europeans give Greeks a Trojan horse. (7) The four horsemen of the apocalypse ride out of town. (8) Easy does it at ECB, Fed, and PBoC. (9) Copper and China lead Risk-On trade. (10) US soft patch is less soft despite fiscal drag.
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