Here are seven (or so) links at 7AM Eastern.  We will see you later with the daily linkfest.  Good luck out there today.


Earnings estimates, around the world, continue to get revised lower.  (Big Picture, Money Game)

The CS Risk Appetite Index, in contrast with the $VIX, is still pointing towards panic.  (Sober Look)

The world wants more ‘safe’ assets.  (WSJ)


Yahoo! ($YHOO) embraces the obvious and looks to offload its Asian assets.  (Dealbook, SAI, Term Sheet)

Facebook is acting like it wants to be a ‘blue chip’ company.  Is that necessarily a good thing?  (WSJ)

Given its valuation it is not surprising that ($TST) has attracted an activist investor.  (Forbes)


Fitch again warns the US on its debt rating.  (Reuters)

The ECB wasn’t kidding when it said it wouldn’t buy significant amounts of sovereign debt outright.  (NYTimes)

What the ECB is trying to accomplish with its balance sheet.  (Gavyn Davies, FT Alphaville)

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