Here are seven (or so) links at 7AM Eastern. Good luck out there today.
What if the market has already de-risked enough for most downside scenarios? (Doug Kass)
Are today’s markets all that much more difficult that earlier eras? (Economic Musings)
The widely-read quarterly letter from Jeremy Grantham is a bit of a downer. (FT Alphaville)
The risk of the “Corzine trade” at MF Global was well known to the board. (WSJ)