Markets am: Hopes of US debt deal lift stocks, Markets dance to ...

To view this email as a webpage, click here     Friday October 11 2013     Markets   Hopes of US debt deal lift stocks   Equities are on the rise amid optimism that a temporary extension to the US debt limit can be agreed       Markets dance to the tune of easy money   US default fears have been overlooked in many markets as investors look forward to more months of QE from the Fed     US refiners' output jumps on cheap domestic crude   Surging shale oil output plugs the gap form supply disruptions within the Opec oil cartel, according to the IEA     Grain forecaster steps into shutdown void   With the USDA's market-moving reports suspended, Informa Economics chief executive Bruce Scherr made his numbers public for first time     US eyes cutting ethanol usage   Proposal to require less ethanol and biodiesel to be blended into motor fuels has been sent to White House but not released for public comment     Debt impasse exposes market Achilles heel   Investors, voters and politicians need to grasp is that this fight is not simply creating concern about Treasury bills that expire in late October, or even six weeks later     Costs surge for chocolate makers   Cost of making a bar of milk chocolate rises 31% because cocoa butter price jumped almost 70% in the year to August while milk powder rose 50%         Video   Taleb's fragile world, Part One   Attempts to remedy flaws that led to the Lehman crisis in 2008 have only rendered the system more fragile and vulnerable to further crises, says Nassim Nicholas Taleb, author of 'The Black Swan' and 'Antifragile'. He explains his theories to John Authers           Manage email    Forward this email   Feedback    Manage portfolio Subscribe to the FT Follow the FT   Unsubscribe | My Account | RSS | Privacy Policy | About Us | Help   © THE FINANCIAL TIMES LTD 2013 You have received this email because you have signed up from the NBE preference page. This email was sent by a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723.