Not much happening.
Angela Merkel - the German Chancellor - opens her mouth on Central Banks and reveals a deep, broad level of ignorance.
Stocks held up well yesterday.
Another hedge fund craters.
Obama to visit Egypt.
It's raining British cabinet resignations.
Europeans stocks are down early; US stock futures are down a bit.
Doing nothing. I'm taking Sky to sheep herding lessons this morning, so will be out most of the day.
Word of the Day
"Wowser" - noun [$10] Australian slang
Wowser means 1. a puritanical fanatic; 2. a spoilsport; 3 a teetotaler.
Sentence: Germany's Merkel reveals herself as a typical German inflation wowser.
Le Mot du Jour
"Étoile" - noun, feminine
Étoile means star (astronomical, object or figuratively)
La Phrase: Étoile Blanche, c'est le nom de nouvelle voiture de ma femme.
Sentence: White Star, it's the name of my wife's new car.