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

Everybody is seemingly short the Euro.  (FT)

Bridgewater Associates is still looking for a gloomy global economy.  (WSJ)

Fidelity seems to be following Charles Schwab ($SCHW) in its push into ETFs.  (WSJ)

Investors are in a desperate search for yield, hence leveraged loans.  (FT)

The money multiplier in Europe has crashed.  (FT Alphaville)

BRIC manufacturing seems to be stabilizing.  (Pragmatic Capitalism)

What happens in 2012 if tail risk is much lower than commonly thought?  (Gregor Macdonald)

A new year, a new risk tolerance.  (I Heart Wall Street)

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