THE BASIS POINT

Linkage: Monday Morning Beastie Bus Ride

Stocks are in a deep Monday funk following S&P’s U.S. “negative” outlook, which raises the question: could the U.S. government qualify for a mortgage? Those links kick off Originations today, and it ends with a continuation of Beastie Boys tribute month.

-Text of S&P’s Downgrade of U.S. Ratings Outlook (Marketwatch)

-Following S&P’s report, consider this (Could U.S. Government Qualify For A Mortgage?)

-A Post-S&P Warning Comment On The Deficit (CalculatedRisk)

-Bernanke May Offset Fed Hawks With Press Conferences As New Tool (BusinessWeek)

-Shake off Monday funk with this funky Beastie interlude – listen below and (download ‘Check Your Head’)

 

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