Monday links: Volcker vs. Bernanke


“The debt squeeze is dogging some of the biggest names in credit investing.” (

Distressed asset investors are going to have a harder time making money in this downturn. (breakingviews/

Bank shareholders are giving up a great deal to attract capital infusions. (

“In summary, Lenny Dykstra’s deep-in-the-money call options (leveraged) strategy depends more on pure volatility and favorable market conditions than on skill in timing the movements of the underlying stocks. ” (CXO Advisory Group)

Applying technical analysis to volatility indices is difficult, at best. (Condor Options)

Momentum is not dead. (World Beta)

A look at a longer term market indicator. (TraderFeed)

Putting 130/30 strategies in the wayback machine. (All About Alpha)

“(I)f GE (GE)—a manage-by-numbers company if ever there was one—can be surprised, others will surely follow.” (Jeff Matthews)

Strap in for an ugly earnings season.  (Crossing Wall Street)

Sotheby’s (BID), a proxy for the art market, is showing a slowdown is at hand. (

Iceland’s current woes teach a useful lesson about the interconnectedness of global markets: trouble can come from anywhere.” (

A Fed Chairman smackdown:  Volcker vs. Bernanke. (Big Picture, Mankiw Blog)

Fed policy looks rash in light of rising inflation and elevated commodity prices. (naked capitalism)

Is the world facing a savings glut or an investment drought? (Brad Setser via Economist’s View)

On the high costs of urban living. (EconLog)

Two recent economics books differ on their approach to consumer rationality. (

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