10th Feb - No news is the new good news

Short post for the morning, see last night’s A Greek Deal? For now? for more.
Best of The Week and Press Digest coming soon and the usual Weekly Support and Weekender during the weekend. You can follow me on Twitter or Facebook and email me for suggestions and requests. I also have an automated publication based on feeds I follow at paper.li

News – BTH

News – The Trader

Daily – Danske Bank (pdf)
  -The tough stance on Greece has derailed the otherwise strong sentiment 

Morning Briefing – BNY Mellon
  -Very good roundup of the Greek crisis 
Market Preview – Saxo

  -EU finance ministers deny Greece 
Press digests by Reuters: FT, WSJ, NYT

TV: Bloomberg, CNBC, BBC

Debt crisis: live – The Telegraph

Europe Crisis Tracker – WSJ

Tracking Europe’s Debt Crisis – NYT

EURO CRISIS: GENERAL

Keeping the Sharks at Bay – More than One Way to Do a Bailout – naked capitalism

At heart this is, as it always has been, a political problem. And it must be said that, disgusting and ruthless though it all is, those that are pulling the strings are doing a rather good job at balancing all those political forces – like the bankers and the financiers – that might have the power to actually hold them accountable for their destructive and reckless actions.

EURO CRISIS: GREECE
Rubber ducks explain the Greek negotiations – Felix Salmon / Reuters

What’s needed is an agreement between Greece and the Troika — something acceptable to both sides, and which the Troika believes that Greece will hold to. Even as sensible people like Mohamed El-Erian can see clearly that that’s not going to happen.

Why the Greek Bailout Doesn’t Change Much of Anything – TIME
Thursday’s deal is supposed to allow Greece to avoid default and prevent the Eurozone from breaking up – but the deal isn’t final, it can’t work, and the real problems lie elsewhere.

Greece fails to collect tax penalties – ekathimerini.com

Economou informed Parliament that the state had issued penalties worth 8.6 billion euros over the last two years, but what he did not share with lawmakers was the fact that a negligible amount of these fines have been collected.

Six days for Greece to secure bail-out – euobserver.com

OTHER

A World Flying Blind – The Big Picture

Former Morgan Stanley Analyst Andy Xie explains why the outlook for the global economy is gloomy and leaders lacking vision are to blame. Eventually, this will come back to haunt all of us:

Warren Buffett: Why stocks beat gold and bonds – Fortune

In an adaptation from his upcoming shareholder letter, the Oracle of Omaha explains why equities almost always beat the alternatives over time.