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Economic Data
Zulauf: 20% downside risk from the market’s intraday May high
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Tepper: QE3 won’t happen before the market or economy drops significantly
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On the fragile recovery and the likelihood of QE3
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Gundlach: “It’s very difficult to move forward with a debt-based economic scheme”
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Buiter: Europe will slow and Greece will have a hard restructuring
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India and Brazil: Inverted Yield Curves
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Chart of the Day: How Deep Was Your Recession?
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Chart of the Day: UK Take Home Pay
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China GDP history
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Cash is king: Buy volatility and buy liquidity
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