Worst case without Scotland: gilts get slightly junked. But no currency crisis, no contagion.

Dots and dissents be damned. The ultra-dovish "Yellen Rule" is completely intact.

Treasuries are waking up to what stocks have known all year: "the Yellen Rule" could work.

41 days till we may have to wait 32 more days to know who controls the Senate.

All that's preventing sovereign buys are feasibility, timing, politics and Draghi's wishes.

Bad news revised away -- and more fake fuel for the narrative that the Fed will tighten.

The equity risk premium has reverted to levels appropriate for a financial pandemic.

If Ebola is going to infect the whole world, why are new cases in Africa declining?

Low oil prices are a gift for the global economy, but there will be winners and losers.

Draghi's policies are aimed at supporting reform, not fighting phony emergencies.