Morning Links: Not Necessarily the ’70s

US probes trades ahead of the S&P downgrade of the US — WSJ

Citi is stuffing mailboxes with credit-card applications — WSJ

Yuan appreciation takes a break during crisis — Heard on the Street

The euro’s true flaw is in its currency design — FT

Greece should just get it over with already — Reformed Broker

Contra Paul Volcker, this is not the 1970s — Economists’s View

Killer waves and dangerous MACDs — Pragmatic Capitalism

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