Previously on MoreLiver’s:
Roundups and
Commentary
News – Between
The Hedges
Markets – Between
The Hedges
Recap – Global
Macro Trading
The Closer – alphaville / FT
Roundup – A
View From My Screens
Roundup – Kiron
Sarkar / The Big Picture
Tomorrow’s Tape: Let's Twist Again – WSJ
Morning
Briefing (Asia): – BNY Mellon
US: Stocks "Off The Highs" And Credit
"At The Lows" – ZH
Reference
Debt crisis
live – The
Telegraph
The Euro
Crisis Blog – WSJ
FX Options
Analytics – Saxo
Bank
European
10yr Yields and Spreads – MTS indices
Economic
Calendar – Forexpros
EUROPE
UNITED STATES
Disappointing Trade Report – Tim
Duy’s Fed Watch
While I do
not believe the US economy is in recession by any
stretch of the imagination, I am under no illusions about the lack of
underlying momentum. Slow and steady, in
my opinion. But slow also means more
vulnerable
The recovery: In search of "natural"
velocity – Free exchange
/ The Economist
A change in
the trajectory of recovery can only occur when markets expect growth to be
faster in the future and adjust their behaviour in the present accordingly. The
question is: what sort of change in economic conditions will generate such a
shift?
FISCAL
CLIFF
The Fiscal Cliff – reason
A forum on America’s impending budgetary doom and what
to do about it
The Debt-Celing Gamble – Tim
Duy’s Fed Watch
Better -
from a political point of view - to have a recession at the beginning of
President Obama's second term that can be blamed entirely on the Republicans.
The Fiscal Cliff:
What Is Success? – Macro
and Markets
FED WATCH
FOMC Preview: New
monthly purchases likely after Operation Twist – Saxo
Bank
Jobs, triggers and the Fed – MacroScope
/ Reuters
The
unemployment rate alone cannot capture the state of the labor market. Friday’s
report show why.
Fed Seen Buying More Bonds – WSJ
Relatively
flat base growth and slowing M2 (though less relevant) makes us think the Fed
will remain aggressive.