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


By this measure the stock market is looking overbought.  (Bespoke)

Attention shoppers, the $VIX is on sale.  (Barron’s)

Why the low volatility anomaly exists.  (Falkenblog)

Behold what the Fed can do to the yield curve.  (Pragmatic Capitalism)

CEO James Gorman thinks Morgan Stanley ($MS) employees need an attitude adjustment.  (Dealbreaker)

The Fed

No matter how you slice it this is an easier Fed policy.  (Modeled Behavior, Calculated Risk)

What the Fed’s move says about where we are in the business cycle.  Hint:  earlier.  (A Dash of Insight)

By what mechanism is current Fed policy supposed to rev up the economy?  (EconomPic Data)

The Fed’s projections for GDP, inflation, unemployment and the Fed funds rate pave the way for more QE.  (Calculated Risk, Real Time Economics, Tim Duy)

The never ending war on savers rolls on.  (Aleph Blog)

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