Good morning. The latest Bank Lending Survey van de ECB is out. A must read. Depressing, as was to be expected

(source: http://www.ecb.europa.eu/stats/pdf/blssurvey_201210.pdf?5cf454c80a7d2f45a7469…)

 

Today most of the PMI’s are being published. China took the lead with a positive release

·         http://www.ft.com/intl/cms/s/0/466c3d10-23cb-11e2-a46b-00144feabdc0.html

·         http://www.reuters.com/article/2012/11/01/us-china-pmi-idUSBRE8A002V20121101

·         http://www.businessinsider.com/october-global-pmi-2012-10

 

From the five ‘scary’ Halloween chart from bondvigilantes, I found this one the most interesting

·         http://www.bondvigilantes.com/blog/2012/10/31/happy-halloween-five-scary-charts-boo/

 

Old chart, but interesting to see with Sandy in mind… Plus a Sandy overview

·         http://www.ritholtz.com/blog/2012/10/costliest-storms-across-north-america/

·         http://ftalphaville.ft.com/2012/10/31/1240511/sandy-round-up/

·         http://www.econbrowser.com/archives/2012/10/economic_effect_1.html

 

The first line says it all: IF YOU haven’t already seen it, here is…

·         http://www.economist.com/blogs/freeexchange/2012/10/euro-crisis-2

·         http://www.ft.com/intl/cms/s/0/d7b3dde6-2353-11e2-a66b-00144feabdc0.html

 

Nice video from the WallStree
t Journal on the fiscal cliff

http://on.wsj.com/YnPCjX

·         http://live.wsj.com/video/everything-you-need-to-know-about-the-fiscal-cliff/EE994540-68DA-4374-81FE-287A76422E5C.html

 

Right. This may seem horrible, but it probably is just a matter of timing: this early into Q4 companies are not going to raise guidance

·         http://www.businessinsider.com/negative-q4-earnings-preannouncements-2012-10

 

I am not sure whether this is completely correct, but it gets an A for the way it is presented

·         http://www.ritholtz.com/blog/2012/10/10-wednesday-pm-reads-7/

 

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