Here is what I am reading: Draghi Reshapes ECB Crisis Pragmatism as Trichet’s Dogma Fades (Bloomberg) Gore Vidal – imperious gadfly and prolific, graceful writer (The Washington Post) Denmark Has Lessons for Draghi as Official Rates Go Negative (Bloomberg) Cult Figures (Bill Gross) August’s back-to-school winners (MaketWatch) Market Heats Up in Election-Year Augusts $$ (Stock…

Here is what I am reading:  Fed Seen Forgoing Next Round of Asset Purchases Until September (Bloomberg) RBI: Policy rates unchanged, SLR cut releases funds for private sector (Economic Times) Stocks idle before data deluge (MarketWatch) Asia readies for QE3 roller coaster (MarketWatch) Next Stop for 10-Year Treasurys: 1.25% Yield? (WSJ) The Case for Keeping…

Here is what I am reading: European Bank Regulator Imperiled by German Zombie Banks (Bloomberg) Inverse ‘Summer Crash’ takes shape (MarketWatch) 5 Stocks Worthy of Benjamin Graham (Minyanville) What You Need In Order To Retire Before Age 60 (Minyanville) Welcome to the ECB (VOX EU) The Best of Earnings Is Over, and It Wasn’t That…

Here is what I am reading: Draghi Boxes Himself Into a Corner With Bond Signal (Bloomberg) Greek Banks Follow Euripides to Help Borrowers (Bloomberg) GOLDMAN SACHS: The 27 Charts That Explain The World (Business Insider) Wall Street Is Getting Fooled AGAIN (Business Insider) Warren Buffett’s winning ways, 50 years on (MarketWatch) 12 Key Investment Strategies…

Here is what I am reading: Draghi Says ECB Will Do What’s Needed to Preserve Euro (Bloomberg) MORGAN STANLEY: Europe Will Get Worse (Business Insider) Euro Zone Weighing New Help for Spain (Spiegel Online) The Banker Most Responsible for Allowing the Too Big to Fail Banks Says We Must Break Them Up (The Big Picture) Durable…

Here is what I am reading: When Governments Won’t Govern, Central Banks Must (Clive Crook) ‘Our Solidarity Is Limited’ (Spiegel Online) UK in worst double-dip recession for 50 years (The Guardian) IMF Says China Downside Risks Significant (Bloomberg) Is the 50-year financial storm on the horizon? (MarketWatch) Commodity Plays in the 2012 Dividend Aristocrats (Minyanville) Today…

Here is what I am reading:  Goldman Sachs Sees ‘Strong’ Recovery Starting for Housing (Bloomberg) Get ready for more days like Monday (MarketWatch) DAVID ROSENBERG: A String Of Extremely Rare Events Show That Recession Risks Are Rising (Business Insider) Our Ridiculous Approach to Retirement (The New York Times) Fallacies about work and the crisis (Martin Wolf’s…

Here is what I am reading: America’s prosperity requires a level playing field (LA Times) Berlin, IMF To Refuse Fresh Aid for Greece (Spiegel Online) Spanish Recession Probably Deepened as Austerity Stifled Growth (Bloomberg) The World’s Biggest Companies Reveal What’s Happening In The Global Economy (Business Insider) John Williams Gets It (Tim Duy’s Fed Watch)…

Here is what I am reading: Wall Street Seeks Patience After Worst 1st Half Since ’08 (Bloomberg) Idle corporate cash piles up (Reuters) America Is Approaching The Export Tipping Point (Business Insider) Six Policies Economists Love (And Politicians Hate) (NPR) The IMF explodes the myth of fiscal “credibility” (Jonathan Portes) 5 ultimate dividend stocks (MarketWatch) Random Thoughts:…

Here is what I am reading: IMF Blasts EuroZone Policymakers and ECB (Mainly Macro) China’s strong domestic demand has reduced its trade surplus (VOX EU) Is Germany Übercompetitive and Should it Accept Higher Inflation? (EconoMonitor) Spain five-year borrowing costs hit highest since 1996 (Reuters) NATURAL GAS: An Investor’s Guide To The Most Promising Commodity In The…