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

The Fed

A new round QE=a new playbook.  (The Reformed Broker)

The market is pricing in higher inflation, i.e. TIPS breakeven.  (Sober Look, Capital Spectator)

The hunt for yield just got way worse as MBS yields hit a record low.  (WSJ, FT, Sober Look)

The many reactions to open-ended QE.  (Calculated Risk, Economist’s View, Money Game, FT Alphaville)


One final look at the recent iPhone 5/iPod announcements.  (Daring Fireball)

Why does Apple ($AAPL) announce pricing and availability but other phone makers don’t?  (SplatF)

Apple’s biggest innovation may its ability to meet consumer demand for the iPhone 5 right out of the gate.  (FT)

What is Apple’s optimal product failure rate?  (Digitopoly via EV)

Thanks for checking in with Abnormal Returns. You can follow us on StockTwits and Twitter.