I know it’s hard to think about much other than the debt ceiling debate right now. So, listen, I’ll make a deal with you…if you’re good and do your weekend reading, I’ll give you a debt ceiling treat at the end. OK? Alright, I’ve got two topical papers for you this week:
First, Attilio Meucci has a new paper entitled “‘The Prayer’ Ten-Step Checklist for Advanced Risk and Portfolio Management“. Truth be told, I barely made it out of the abstract before Meucci dropped me with some serious ‘Greekulus’. Notwithstanding, I understood enough of the gist to recognize that a ‘prayer-risk-checklist’ could be kind of useful for investors heading into next week (“…the penitent man will pass“).
Second, Charles Roxburgh, Susan Lund, and John Piortowski have a new report entitled “Mapping Global Markets 2011“. I know I linked to this earlier, but I just figured you’d want a last look at the global map of finance before the US Congress makes it look like a quaint relic of the “good old days” — back when governments governed and risk-free assets were, you know, risk-free.
Now, as promised, here’s your debt ceiling treat: “The Great Debt Ceiling Debate (PG-13).” If laughter really is the best medicine for what ails, I’m fairly certain it’ll come in handy over the weekend.
Try your best to enjoy yourself.