“Extreme volatility does not favor the Euro; it calls their system into question.”  (Aleph Blog also Infectious Greed)

Why the dollar is on a roll.  (WSJ.com)

The carry trade takes it on the chin.  (Brad Setser, Alea)

Iceland is a mess.  (MarketBeat)

The Fed starts purchasing commercial paper.  (FT Alphaville, Alea, Market Movers, Clusterstock, Infectious Greed)

What happened on Monday?  (Curious Capitalist)

3% days are becoming the norm.  (Bespoke Investment Group)

Fears about General Electric (GE) are growing.  (Clusterstock)

Reasons to buy the Financial Select SPDR ETF (XLF). Reasons not buy  (Deal Journal, Market Movers)

Examples of a historically oversold market.  (Trader’s Narrative, Bill Rempel)

“How does the feeling of being overwhelmed affect investors?”  (WSJ.com)

“Drawdowns hurt.”  (MarketSci Blog)

Every one is a market pundit these days.  (The Stalwart)

“Going abroad has turned into a costly experience for U.S. investors.”  (WSJ.com)

Where is the long-touted equity premium?  (Crossing Wall Street also Bespoke)

“There are few things more valuable, in a liquidity-constrained down market, than dry power.”  (Market Movers)

“After the market finally finds its bottom, missing the first few weeks of the new rally won’t really matter in the long run.”  (Barrons.com also market folly)

How the Citadel Group might respond to a significantly down year.  (NYTimes.com)

Where was that CDS exchange when we needed it?  (Daily Options Report also ChicagoTribune.com)

The market downturn will continue to put pressure on ‘orphan ETFs.’  (24/7 Wall St., IndexUniverse.com)

Private equity firms continue to rake in the cash.  (DealBreaker.com)

When will the credit crisis hit venture capital firms?  (DealBook)

Where is the Fed rate cut?  (Economist’s View also Big Picture)

How economic ‘fundamentalists’ and ‘realists’ approach the bailout plan.  (Growth Commission via multiple sources)

How bad will the economic downturn be?  (Econbrowser)

Taking a long-horizon look at the American economy.  (Will Wilkinson)

Searching for signs of a ‘textbook’ depression.  (TheDeal.com)

The 1873 crisis a more apt analogy.  (Free exchange)

Is a new Apple (AAPL) laptop on the horizon?  (BusinessWeek.com)

Personal finance software/websites reviewed.  (Slate.com)

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