Good morning. Oh no, not again….
http://www.forexlive.com/blog/2013/08/07/a-quick-glance-at-the-debt-ceiling-clouds-on-the-horizon/
Interesting chart showing the relationship (or lack thereof) between fund flows and stock market returns
http://www.ritholtz.com/blog/2013/08/mutual-fund-trends/#more-101558
I first thought that this was a chart plotting R&D with stock market returns, but it is sales growth. No wonder there is a ‘strong’ fit…
http://www.businessinsider.com/rd-correlated-to-stock-price-returns-2013-8
Apparently, the market is pricing in higher stock market volatility for September…
http://www.zerohedge.com/news/2013-08-07/someone-just-bet-big-spike-september-taper-volatility
For the real financial nerds out there: the odds of Summers becoming the next Fed chairman have risen sharply…
http://www.zerohedge.com/news/2013-08-07/springtime-summers-larrys-chairman-odds-surge-overtake-yellen
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