New Normal Is Bullish

(1) Hit-and-miss ultra-easy monetary policy. (2) Getting back to business. (3) PIMCO’s spin on the new “new normal.” (4) Ambiguous advice. (5) A brief history of the “Bond Vigilantes” model of the bond yield. (6) Bond Zombies. (7) The Fed was horrified. (8) Where is the exit door? (9) Before and after 2008. (10) Signs of life in World-ex US revenues. (11) OECD leading indicators looking good for advanced economies, and not so good for BRICs.