Good morning and welcome to another edition of our early morning linkfest.  Tell us what you think.

It’s the first trading day of the month. You know what that means. (Big Picture)

Investor sentiment seems to have become more hair trigger.  Where does sentiment stand now?  (Marketwatch)

JP Morgan (JPM) advances the plan to fold its proprietary trading group into its asset management arm.  (WSJ)

Since when is the Euro a ‘safe haven’ currency?  (WSJ)

The Euro economy continues to beat expectations.  (Money Game)

China’s PMI shows a “marked” growth slowdown.  (Pragmatic Capitalism)

The inflation challenge and the dovish case at the Fed. (Gavyn Davies)

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