Roundups &
Commentary
News – Between
The Hedges
Markets – Between
The Hedges
The Closer – alphaville / FT
Roundup – Kiron
Sarkar / The Big Picture
US: FedSpeak Fails To Lift Stocks - Gold & Bonds
Bid – ZH
EUROPE
Whatever It Takes – John Mauldin /
The Big Picture
Who’s Got
the Map? * Monetization – A Rose by Any Other Name * Super Mario: Whatever It
Takes * The New Policy Implications of the Irish Deal * Currency Skirmishes * Toxic
Debt Scare
Manufacturers Survey Points to New Downturn in
Euro Zone – NYT
ECB
Annual Accounts of the ECB for 2012 – ECB
Details on securities holdings acquired under
the Securities Markets Programme – ECB
ECB transparency, €100bn of Italian bonds
edition – alphaville
/ FT
FRANCE
France Sinks Further Into Gutter; PMI Accelerates to 4-Year Low;
"Core" of Europe Now Consists of Germany Only – Mish’s
Italian Elections: Uncertainty to Linger – Marc
to Market
European "Democracy": EU Parliament
Head Tells Italians Not To Vote For Silvio – ZH
UNITED STATES
Three Ways Out of the Sequester – CFR
Barack
Obama might prefer to focus his energies on immigration, gun control and
education. But it is the tax and spending wars that still paralyse Washington, and the US is on the verge of a dismal
solution – the sequestration. Unless a new budget deal can be agreed within the
next few days, almost all forms of so-called “discretionary” spending,
departmental budgets that the US Congress sets each year, will be cut equally
and indiscriminately – beginning next week.
The Fed has opted for the lesser of two evils – The
A-list / FT
Mohamed
El-Erian: Today’s world of dysfunctional politics is one that pushes central
banks further away from their comfort zone and excludes the best possible
responses. The resulting inconsistencies can only be resolved through a more
comprehensive policy approach that deals directly with the West’s challenges of
too little growth, too much debt, and too polarised a political discourse. In the
meantime, central banks will have no choice but to opt for what they perceive
as the lesser of two evils – that of maintaining a visibly imperfect policy
stance.
The 5 biggest lies on Wall Street – MarketWatch
Commentary:
These market myths are doing the rounds — again
OTHER
EMEA Weekly – Danske
Bank (pdf)
Global Leading Indicator Shows Slowdown
Dead-Ahead – ZH
IN FINNISH
Gallian kukon aamufalsetti
– Henri
Myllyniemi / piksu
Euroalueelta tuli Markitilta jälleen kerran alustavat
ennakkokatsaukset helmikuun tilasta. Mainitaan nyt varmuuden vuoksi: Saksa
pompannee takaisin kasvu-uralle päätettyään vuoden 2012 rämpimiseen. Sen sijaan
Ranska uppoaa juoksuhiekkaan.
(huomaa myös kommentit kahdesta seuraavasta)
Lukekaa se Rehnin
paperi ennen kuin väitätte siitä kummallisuuksia – Mikko
Nummelin / US Puheenvuoro
Tätä Olli Rehn pelkää
– Juha
Lehtinen / US Puheenvuoro
Urpilainen ja
Euroopan sosiaalinen kriisi – Hannu
Visti
Pampaksen nero Jutta Urpilainen on kiinnittänyt huomiota
siihen, että Euroopassa saattaa “syntyä” sosiaalinen kriisi kun velkakriisi ei
helpota. Ei se tietenkään helpota, koska mitään oleellista ei ole tehty,
ainoastaan vääriä asioita.