Bitdollars

(1) Global economy lifting all boats. (2) Consensus earnings expectations rising around the world. (3) Another happy canary chirping in Malaysia. (4) China’s imports and exports showing solid y/y gains. (5) US retail sales and CPI lift GDPNow to 2.7% for Q3. (6) Fed officials obsessed with solving the “lowflation” puzzle. (7) Fed’s doves cooing more loudly. (8) True confession by ex-Fed governor: Inflation model is broken. (9) Bernanke calls on Fed to overshoot inflation target. (10) Brainard voices by-the-way concerns about asset price melt-ups. (11) Melissa explains central bank backed cryptocurrencies. (12) Get ready for bitdollars.