What I'm Reading This Morning

Market Analysis

Weekly Economic Commentary – The Fat Pitch 

Thinking About Bond Bubbles…. – Pragmatic Capitalism

Plot Twist…or a Different Book? – Charles Schwab

Swimming Naked – Sungarden Investment Research

The Return of Volatility – The Financialist

2 Charts Revisited: The Put Call Ratio And VIX Term Structure – SEE IT Market

On the Tendency of Large Market Losses to Occur in Succession – Hussman Funds

A Market That Satisfies No One – Alhambra Investment Partners

The Dollar: More of the Same – Marc to Market

Don’t Let Stocks Drive You Crazy – Wall Street Journal

Energy

Saudi Arabia's Risky Oil-Price Play – Bloomberg Businessweek

The Earnings Outlook For America's Energy Giants Has Collapsed – Business Insider

Stress Tests Conclude That Europe Can Call Putin's Energy Bluff And Win - Forbes

Monetary Policy

Will the Fed turn off the QE tap? We'll find out Wednesday – Mining.com

Fed’s $4 Trillion Holdings to Boost Growth Beyond End of QE – Bloomberg Businessweek             

Skittsh markets push Fed to continue QE – New York Post

Europe

REALITY CHECK: Eurozone Debt Looks Unsustainable – Business Insider

It's Getting Worse In Germany: Confidence Falls To A 22-Month Low – Business Insider

Demand In Europe Is the Elephant In The Room – Business Insider

25 Banks Just Failed Europe's Biggest Ever Health Tests – Business Insider

Politics & Policy

The Optimistic GOP Story Everyone Is Missing – Town Hall Finance

If GOP Wins Congress, What Are Its 2015 Priorities? – Investors Business Daily

America Has Lost Faith In Competence Of Leaders – Investors Business Daily

Joseph S. Kalinowski, CFA

joe@squaredconcept.com