Happy Tuesday. Back from Davos and ready for a fresh morning six-pack.
It's easy to be confused: Is it the Federal Reserve's primary job to provide price sustainability and maximum employment, or to babysit the equity markets? (Wonkblog)
Incoming Fed chair Janet Yellen is about to face a pretty difficult choice of whether the Fed should take its foot off the accelerator as the emerging market world appears to be in some sort of meltdown. (Wall Street Journal)