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Market sentiment continue to improve modestly; European stocks and US futures both advance. Finland ratifies changes to EFSF, Germany votes tomorrow; EUR/USD trades just ahead of 1.37. EM price action of IDR & KRW reinforces themes;…

Is the SEC Finally Taking Serious Aim at the Ratings Agencies? « naked capitalism tags: ratings agencies…

Market confidence continues to improve amid hopes that euro zone policy makers take bold actions. Slovenia begins vote on EFSF ratification; sharp shifts in positioning may prompt mean reversion. Hong Kong’s trade figures showed a softening…

It's time to put money into the equation, says professor "Steve Keen, Associate Professor of Economics and Finance at the University of Western Sydney, has won a grant to turn his money-based…

European stocks higher in part from ECB and potential policy action; dollar softer against majors. G10 market focus this week again EZ with EFSF votes, bonds auctions, Greece aid; US macro data. EMs are likely to be dominated by DM…

Is Social Security a Ponzi Scheme? | The Big Picture (tags: social-security pensions) How the Boos for the Gay Soldier Sounded on Stage - James Fallows -…

Greece needs decade to get competitive: German finance minister| Reuters (tags: greece sovereign-debt-crisis germany) Rescuing the Euro: The Fatal Mistakes of…

Greece sees default with 50pc haircut on debt - reports - Telegraph "Greece's finance minister has told lawmakers he sees three scenarios to resolve the debt crisis, including one involving an…

EUR/USD headed back below 1.347 as European stocks extend early morning losses; DAX down 2.7%. G20 communiqué indicates that EZ actions to increase EFSF flexibility is likely; details remain light. Singapore’s inflation continued to surge…

Be Safe, Break the Law — Marginal Revolution "Higher speed limits are often safer because what is worse than speed is variable speed, some people driving fast and some driving slow. When the speed…