Pre-Marketing: Why this isn’t 2008, the sequel

August 9, 2011, 3:54 PM UTC

* Francesco Guerrera: This isn’t like 2008. Larry Kudlow agrees.

* Rolfe Winkler: Playing chicken with LinkedIn valuations

* S&P: Maybe the market reacted to our downgrade. Maybe not. Maybe it reacted to the Yanks losing two of three to the Red Sox. Impossible to know.

* Morning Call: U.S. futures signal more sharp losses, London falls early, European shares plummet and the Nikkei loses 1.7%.

* Bhide & Phelps: The root of all sovereign debt crises

* Joe Weisenthal: Is Obama scared of the bond vigilantes?

* Douglas McIntyre:  The Fed still has one bullet in its chamber

* BlackRock: We’ll use gold and bond profits to buy distressed equities

* Peter Henning: Focus on insider trading gets more intense

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* Sarah Perez: How your social data will power Wal-Mart’s e-commerce revolution

* U.S. debt deal kills off prospects of renewable energy supports. But tax breaks for big oil remain…

* Tweet of the Day: @jeff Just maybe? The VC industry is going to wake up and go back to value investing – not FOMO throwing cash at everything, no matter the price.

* Tweet of the Day II: @dougchia: Some of the criticism of S&P downgrade of US debt is similar to criticism you hear in #corpgov circles about ISS.