10 Tuesday AM Reads

The correction continues apace, as equities are now down between 5 and 10 percent. But that’s not the only thing going on, as you can tell from our morning reads:

• What Are the Odds We’re Heading For Another Crash? (Wealth of Common Sense) see also The 10 Ways Market Corrections Appear on Twitter (TRB)
• Europe’s Austerity Zombies (Project Syndicate)
• Retailers See Winds Filling Holiday Sales (WSJ) but see Household Finances May Curb Holiday Spending (NYT)
• Skills That Separate You as an Investment Manager: Discernment (CFA Institute)
• Nobel Prize in Economics Q&A: Why Jean Tirole? (Real Time Economics) see also The Nobel Economist Knew About “Too Big to Fail” 10 Years Before the Rest of Us (Slate) see also

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