Good morning. Reporting season is upon us! Well, it is starting next week???

(Source: http://www.bespokeinvest.com/thinkbig/2012/10/4/bespokes-interactive-earnings-calendar.html )

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All recessions are equal, but some are more than others. The debate continues, this time supporting Reinhart and Rogoff

http://www.voxeu.org/article/fact-checking-financial-recessions

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Interesting reading on the nominal GDP targeting by the Fed

?????????????????? http://blogs.ft.com/gavyndavies/2012/10/03/professor-woodford-and-the-fed/

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Four year after Tarp: what has it meant for returns?

?????????????????? http://www.zerohedge.com/news/2012-10-03/4-years-after-tarp-winners-losers-bubbles-and-troubles

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Good point: shorting the Japanese bond market (JGB???s) in hope of an upward spike in bond yields has never worked so far

?????????????????? http://www.businessinsider.com/nomura-on-shorting-japanese-government-bonds-2012-10

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Nice chart about the debt ceiling. Which should be coming back to haunt us before long???

?????????????????? http://soberlook.com/2012/10/reaching-164-trillion-debt-ceiling.html

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The Economist about the Bundesbank (probably paywall)

?????????????????? http://www.economist.com/node/21564245

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Always nice to see where the stock market returns have come from

?????????????????? http://www.creditwritedowns.com/2012/10/when-career-risk-reigns.html

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Another big picture, this time on bull markets: we are still below average, but I would say we are above median???

?????????????????? http://www.businessinsider.com/bull-bear-markets-2012-10

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Well, I put this down the category stories-that-are-hard-to-be-believed: a bacteria that can produce gold?? A new meaning for the word goldbug???

?????????????????? http://www.businessinsider.com/bacteria-turns-toxic-chemical-into-gold-2012-10

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