Daily Reading on the Financial Markets: 7/30/12

John Hussman takes a shot at the market-wide perception that Central Banks can always ride to the rescue, given sufficient will.

From The Big Picture, Barry Ritholtz drives home the point that the repeal of Glass-Steagall made the market crisis of 2008 markedly worse that it would have otherwise been.

While Glass-Steagall is on the brain, here’s John Aziz on the absurdity of Sandy Weill.

From Mish’s Global Analysis, sentiment against the Euro is building in Germany, with 51% now believing Germany is better off on its own.

Testosterone Pit on the procession of bond-buying lip service from Draghi and the like.

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