TRES FAUX MORNING REPORT

Vital Statistics:
Last Change Percent
S&P Futures 1381.3 8.8 0.65%
Eurostoxx Index 2311.0 26 1.1%
Oil (WTI) 103.58 1.31 1.3%
LIBOR 0.466 0.000 0.00%
US Dollar Index (DXY) 79.55 .01 0.00%
10 Year Govt Bond Yield 1.977% .0277%
Odds Texas will sign Pollard unknown
Bloomberg offers that there is a jump in German confidence, US Airways and AMR are closer to merger, and that Microsoft and GE posted good profits.
FT reports that Wall Street has enjoyed its best quarter for bond trading in two years, rounded off with a surge in revenues at Morgan Stanley and Bank of America, in spite of a steep decline in risk-taking and the introduction of new regulations.
The new Economist leads with the digitalisation [their word] of manufacturing.

Revisiting the American Dream, or Dusk in America

A little uplifting reading for you.
National Journal: In Nothing we Trust

It’s long but covers Americans’ increasing indifference to our institutions — government, churches, corporations, etc.