Taxi for dogs © fintag

News comments:
There is a correlation between grumpy media outlets and low grade analysis and writing. Twitter has succeeded in turning us all into 3 second goldfish. We can hardly. Read anything that has more. Than 4 words. I mean there I was after a decent austerity lunch in Peter Jones trying to climb into a taxi. Except it was designed for dogs. Just like the rest of the world. Going to. The dogs.

Portugal (telegraph). Apparently this country is bust. It is going to test the ECB and Germany and bring the Euro to its knees. As if. Portugal is tiny. Really tiny. If Germany were a person, Portugal would be a little toe. Now if we were looking at France or Spain (don't tell me you still think Santander is still a safe bank? What does Spain actually produce except over valued real estate and feed-in tariff solar panels?) then I would wake up. But nothing is going to happen because the ECB will just print more money.

So that loser Obama is in love with that other loser Sarkozy (daily mail)? Us Brits should be delighted. One term Obama may have missed a trick not getting to know and love Gordon Brown better but with the little French man as his new bitch, we have to really question Obamas integrity. Losers Inc.

Toyota is the new Microsoft (bloomberg). Toyota hates its customers and makes crap cars. Apparently. Despite all user surveys saying Toyota is what Volvo used to be, it is a failing company. As reported in Bloomberg (American owned) Toyota is pants. Long live Ford ...

Hedge fund inflows go up (hedgeweek). What does this mean actually? Should we be excited or sad? Should I factor this into my global macro model? Will I live longer? Will bankers bonuses go down as a result?

Bob Diamond is Nick Clegg in disguise (bbc). I never realised how many moles Bobby Geezer has. He needs to avoid the sun. Anyway, the UK hates banks. We hate the taxes they provide, the jobs they provide, the nice buildings they live in, their intellect, the clever way they don't do very much but make it very complicated in a sort of regulator versus banker type race.

Boy this is dull. Give me some better news to comment on. Please. (6 Characters left)

Gossip:
Finbar Taggit to be arrested for crimes against spelling.