*** The Big Picture: Look Out Below, Post FOMC Version ***
*** FT Alphaville: Chinese exporters starting to do it tough ***
*** FT Alphaville: US unemployment is, well, not so bad! ***
*** MarketWatch: Grantham: ‘No market for young men’ ***
*** SFGate: BlackRock Buys Junk Debt at Spreads Exceeding Bearish Scenarios ***
*** DealB%k: New Buffett Manager Gets Higher Taxes and Less Pay, by Choice ***

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Initial jobless claims in the U.S. were reported at 423.000 vs. 420.000 consensus and last week revised (up 4.000) reading of 432.000.

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