Emotion allegedly plays a role in trading success.
Brad Setser. Setser argues, among other things, that foreign central banks should shift out of Treasuries into agencies. Good idea, but it will never happen.
Boom2Bust. I always thought Dr. Doom was Henry Kaufman, but he has some competition for the sobriquet. This post summarizes an interview with Marc Faber.
James Macdonald, Financial Times. Even if you have heard of John Law, this is worth reading.
Antidote du jour: