Daily reading – Friday, October 21, 2011
*** The Big Picture: Tactical Shift in Portfolios: Reducing Cash ***
*** The Big Picture: Europe’s Undercapitalized Banks ***
*** The Big Picture: First Look At US Pay Data, It’s Awful ***
*** Calculated Risk: Builders to deliver record low number of housing units in 2011 ***
*** FT Alphaville: Albert Edwards: Hold on for a hard landing in China ***