Previously on MoreLiver’s:
Roundups and
Commentary
News – Between
The Hedges
Markets – Between
The Hedges
Recap – Global
Macro Trading
Roundup – A
View From My Screens
Roundup – Kiron
Sarkar / The Big Picture
Europe: Stocks Start Catch
Down To European Credit – ZH
US: The Most Ridiculous Close To An Unimpressive Week
– 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
European Rescue Mechanism Loses AAA Rating – ZH
The ESM loses an Aaa – alphaville
/ FT
Moody’s
downgrades the ESM ESM to Aa1 frin Aaa, EFSF to (P)Aa1 from Aaa
German
retail sales registered their sharpest decline in almost four years in October,
as sales dropped by a real 2.8% on the month, more than reversing September’s
0.5% gain, data from the federal statistics office showed Friday.
UNITED STATES
Analyst
comment roundup
CONSUMER
SPENDING & INCOME
Sandy
Impact Is Blowing Around Consumer Outlook – WSJ
US Consumer
Makes, Spends Less In October, Real Income Falls For Third Month – ZH
Real Median
Household Income in the 21st Century – The
Big Picture
Ugly Chicago PMI Best Captured By Respondent:
"The Economy Really Seems To Be Hanging On A Thread" – ZH
ASIA
Japan Manufacturing Contracts at Sharpest Rate for 19 Months; New Orders and
Output Plunge in Japan – Mish’s
I suspect
within the next couple of years (if not 2013) Japan will resort to the printing
press to finance interest on its national debt and the Japanese central bank
will start a major currency war with all its trading partners to force down the
value of the yen.