(1) Wise guys tend to be pessimists these days. (2) January Barometer and Bull/Bear Ratio. (3) El-Erian says central bankers out of ammo. (4) Fischer picks a fight with the markets. (5) VIX isn’t abnormally high. (6) Backing off buybacks? (7) Assessing the urge to merge in 2016. (8) China Syndrome bad news for EMs. (9) Commodity bust weighing on global economy. (10) Industry analysts didn’t get a copy of the worry list. (11) Transitions don’t have to end badly.
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