3 things bigger than tapering on Wall St - (1) The impending deadlines for the debt-ceiling and cash crunch in the next 2 months will almost certainly see a...

3 things bigger than tapering on Wall St - (1) The impending deadlines for the debt-ceiling and cash crunch in the next 2 months will almost certainly see a disorderly reaction in the markets (2) A long slog in US housing is expected as new home sales fall 13.7% in July alone and housing prices remain at historic lows (3) Companies are hoarding cash ($2.2 trillion in investment since GFC ); this is alarming as US equities are hitting daily new highs while CEOs are so cautious about the economy that they are investing at recession-era pace. (VIEW LINK)