20th Jul - US Close: The Message

The crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought, and that’s sort of exactly the Mexican story. It took forever and then it took a night. – Rudi Dornbusch, h/t Krugman

Earlier on MoreLiver’s:

Weekender: Best of The Week

US Open: One Year

EU Open: Eurogroup Routine

News – Between The Hedges

Markets – Between The Hedges

Recap – Global Macro Trading

Market Commentary – A View from My Screens

Tyler’s European Summary – ZH

  Europe Ends In A Sea Of Red

Tyler’s US Summary – ZH

  Stocks have started their reversion to the short-term normality

 

TV: Bloomberg, CNBC, BBC

Debt crisis: live – The Telegraph

The Euro Crisis Blog – WSJ

Tracking Europe’s Debt Crisis – NYT

FX Options Analytics – Saxo Bank

European 10yr Yields and Spreads – MTS indices

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