Daily Reading on the Financial Markets: 11/21/11
John Hussman’s latest commentary on why the ECB won’t (and shouldn’t) just print.
At Seeking Alpha, John Maudlin says the EU must print or perish.
Zero Hedge notes that rate spreads for the EIB (EU’s IMF-equivalent) are blowing past 2009 levels.
At Macrostory, Tony Pallotta isn’t buying the optimistic spin from recent macroeconomic data.
At PragCap, Kirk Van Dijk details another strong earnings season, which included another improvement in net margins.