Week Ahead: Earnings Stumbles Could Awaken Bears CNBC Ready for barrage of earnings
World Finance Chiefs Chastise US on Budget Gap CNBC
The Cure for High Prices Mauldin
U.S. bank failure tally hits 34 MW FDIC
Making Room for China   Noalnd  Aging Bull Swenlin
Don't Fall For The 'Defensive Portfolio' Hype! Harding
Research US: Fiscal battle heats up Danske
GRAPHIC: 10 Years, 10 Broken U.S. Debt Ceilings... NJ
FX Forecast Update: Global PMI decline will not save the dollar Danske
A global re-assessment of risk – part II DB Research
The Weak Dollar Problem CATO
Runaway Public Pensions Betrayed by Fraud, Abuse BL
Cash misery fuels rush to risk LAT
The Granddaddy of All Bubbles? BW This Tech Bubble Is Different
Homework Regulators Aren’t Doing NYT (Morgenson)
U.S. Sought to Prevent Defense From Prepping Galleon Witness BL
The Confessions of an Inside Trader WSJ
The Wall of Worry Has Never Looked So High NYT
SPX Correction Looms 2 ZEAL
Gas prices could soon break July 2008 record USAT
Saudi Arabia did not make up for Libyan oil Oil Drum
House Republicans Move to Push Derivatives Rules to 2012   BL
Remembering Joe Battipaglia, RIP 1955-2011 MW
Rand old time for Ayn adherents NYP
Germany Floats Greek Restructuring as Papandreou Pushes Cuts BL
China hikes bank reserve measure Reuters
China Vows to Punish Those Who Leak Economy, Inflation Data BL
China's Scary Housing Bubble NYT
China Central Bank: Yuan Tightening to Continue Reuters
Raging Loonie: What It Can and Can Not Do   BMO
Bird-watching: Why loonie is economy’s “it” indicator G&M
In Euro Zone, Effects of Trade Collapse Linger NYT
What Europe's coming debt default will look like Warner

Weekly Focus: US public finances in focus Danske Global Views Scotia


Gold rallies to record; silver hits 31-year high MW
Silver: The smart money gets bearish Breakout
Consumer Sentiment in U.S. Rose More Than Forecast in April BL
Consumer Prices in U.S. Rise on Food, Fuel; Other Costs Cool BL BLS
Manufacturing in New York Area Grew in April at Faster Pace   BL
Market Outlook Negative Both Technically And Fundamentally Comstock
How to forecast a stock-market top Hulbert
STRATFOR's 2011 Second Quarter Forecast Outside The Box
Global markets in for a mid-cycle correction: HSBC Reuters
“My analysis suggests that at about $130 per barrel for crude, there is a high probability for a recessional bear market”
Republicans Will Be to Blame if US Defaults: Geithner Reuters
Can We Believe Geithner on Debt? FT
“The markets believe that our problems are manageable and our system will solve them. There is no conceivable way that Congress would take the risk”
Government shutdown may kill corporate debt Saft Krugman - Mish
Update on the inflation hysteria. This invisible monster is ready to devour us! FMaximus
Greece Default Risk Trades to New High; Still No Big Concern About the US BeSpoke
10 US Housing Markets At Risk Of A Major Collapse BInsider
Foreclosure Investors Flip Homes, Reap Rewards HP
Beyond the Recession: The Great Housing Rebalance Brookings
Foreclosure Fight Needs to Find Fast Answers CNBC
Broke U.S. States’ $48 Billion Debt Drives Unemployment Aid Cuts BL
The rise of the anti-Keynesians Economist
Banks Near Deal With SEC WSJ (via MW)
Wall Street Is Keen to Settle Fraud Charges Involving Toxic Mortgage Bonds
In Financial Crisis, No Prosecutions of Top Figures NYT
US investigates banks over credit crisis 'cartel' claim Inde
Bank of America to cut 1,500 jobs MW
Gross Alone Beating Stocks as Bears Fail to Profit From Crashes BL
As Americans Save, German Discount Grocer Moves In Spiegel
Seven stocks to sell MW
Suicides Go Up When Economy Goes Down WebMD
Gold Hits Another New High, Silver at 31-Year High Kitco
Gold's bull run may be in its latter stages - Klapwijk Mineweb
Gold investing: what to do and how to do it MW
Grant - US Will Resolve Debt by Returning to Gold Standard King World
Newmont: A stock too cheap for comfort G&M
Gasoline prices could soon break July 2008 record USAT
Glencore's big bet on the commodity craze Barr
China Economy Grows More-Than-Forecast 9.7% BL Economists React
China data signals further room to tighten policy MW
Wen: “Judging from the inflation situation in the first quarter, we are still under great pressure of price hikes. We should never lower our guard.”
China's central bank drains 83 billion yuan from money market Xinhua
Greece to Unveil Austerity Measures to Meet Deficit Goals BL
Moody's cuts Ireland rating to just above junk AFP
Resentment Is Rising In Euro Zone NYT (Norris)
'One of the Most Dangerous Bankers in the World' Spiegel
Brown ready to bounce back with lucrative job as adviser Inde

Heavy price for nuclear crisis Yomiuri
China Needs Nuclear Power—and Regulations BW


Gold gains 1.2%, closes in on record high MW
U.S. Dollar – Review and Outlook Merk
Radical gold bugs keep confidence MW
Why Oil-Price Shock Is Hitting American Consumers Hardest CNBC
Bastardized market has lost all legitimacy Crudele
Legland Says Overseas Investors ‘Worried’ Over U.S. Debt BL
Jobless Claims in U.S. Jumped Reflecting Quarter-End Volatility BL
Wholesale Prices in U.S. Increase 0.7%, Led by Energy, Trucks BL
Foreclosures continue to trend down in Q1 CNN
Federal Reserve’s path of destruction Stockman
Why the Doves of the FOMC Have an Advantage at the April FOMC Meeting NTrust
Obama Proposes Cutting $4 Trillion From Deficit in 12 Years BL
Holtz-Eakin: “We`ve seen this movie before.”
CBO Says Budget Deal Will Cut Spending by Only $352 Million NJ
Understanding Congress’s solution to the federal deficit problem Greenspun
Geithner says Congress will pass debt limit increase Reuters
Banks facing $3.6 trillion 'wall of maturing debt', IMF says Telegraph
Pimco's El-Erian: US 1Q Economic Growth 2% Or Less CNBC
Some market discipline for economists Baker
Keeping Capital in a Depression Casey
Atlas's Ayn Rand Never in Bed With Hollywood Baum
Larry Summers has had enough financial regulation Salmon
BRICs Take Aim at the Dollar as Deficits Grow Reuters
“There is a need for a broad-basing of the international monetary system.”
Why Are The Republicans So Silent On The Falling Dollar? Forbes
Recession by End of Year? Mish Econbrowser - Cassidy - Dr. HB - Smith
Buying Opportunity? Find Out What Extreme Sentiment Levels Mean For Your Investments EW
Banks Forced to Pay Foreclosure Victims as Talks Continue BL
Senator questions Goldman execs' testimony AP
Blankfein Could Face Criminal Prosecution For Role In Financial Crisis HP
WSJ: Senate investigators spent two years gathering and analyzing 5,901 pages of confidential emails and documents
Vultures Circle Madoff Clients To Buy Their Claims Lenzner
Bankers Running Rings Around Regulators CNBC
Companies stashing cash overseas MSN
Rickards: Institutions way under-invested in gold King World
George Clooney Tackling Washington, Wall Street In New Film HP
Finland Could Block Portuguese Bailout Reuters  Greek-out! Again!
Finland is the only euro zone country where EFSF bailout loans have to be approved by parliament.
China FX reserves soar past $3 trillion Reuters
China to become biggest energy consumer China Daily
Singapore tightens as growth soars Dow Jones
BRICS speak out against use of force in Libya AFP
Where Is Cash Still King? WSJ

Radiation surges above 4's fuel pool Japan Times
Spent fuel rods add to trouble at Japan nuke plant AP


Fed survey: US economy improves in spring AP BBook
Oil rebounds to near $107 on Kuwait export halt AP
Job Openings Rise to Highest Point Since Sept.'08 AP
Retail Sales in U.S. Rose in March for Ninth Straight Month BL
Shifting Gears Tackling Challeges on the Road to Fiscal Adjustment IMF (154pgs)
Big banks are government-backed: Fed's Hoenig Reuters
“You're a public utility, for crying out loud”
The Fed Rescue Program Too Bizarre to Be True Lewis
Understanding the Fed EW
Kansas City, Dallas Feds Want Discount Rate to Rise WSJ
Inflation Actually Near 10% Using Older Measure CNBC
PIIGS ahoy! Bear’s Lair  The Economic Calculus of Japan’s Tragedy Das
Saut Sees a Short Term Correction NBR
Where have all the bears gone? Hulbert  Bullish Sentiment Stampede Mish
Wieseman - Paul - Russell - Panzner - Smith - PragCap
No bloom for spring real estate MW
Why Rep. Paul Ryan’s budget plan is so flawed WP
The radical right and the US state Wolf (Complete via Google)
U.S. Argues Over Peanuts to Tame Elderly Kotlikoff
State Takeover Looms If Detroit Can't Pass Huge Budget Cuts HP
The Real Housewives of Wall Street Taibbi
Why is the Federal Reserve forking over $220 million in bailout money to the wives of two Morgan Stanley bigwigs?
JPMorgan Profit Up 67% on Lower Credit Costs, Tops Estimate BL
Alcoa Sinking in Tandem With S&P 500 Signals Slump, Bespoke Says BL
Kleintop: S&P could erase 2011 gains, retest 1,250 Breakout Video
Buffett's man knew about takeover deal Times
Sokol was told by Citi on December 17 that Lubrizol was willing to discuss Berkshire Hathaway's interest in buying his company with his own board.
Central banks turn net gold buyers, cut euro zone debt: survey Reuters
Gold Prices to Rise as Demand Persists: Survey CNBC
How much longer can silver shine? G&M  How Far Down for Oil and Gold? BeSpoke
Singapore's SMX launching copper, gold, silver trade Reuters
Nigerian elections may spur next oil supply shock MW
Rare-earth prices to continue rising China Daily
Australia Housing Cracks Emerge BL
London keen on offshore yuan market Shanghai Daily
Zapatero rules out new moves to reduce Spain's deficit AFP
Research Iceland: Recovery in uncertain times Danske
China Banks Said to Need $131 Billion of Equity Over Six Years BL
Dark Pools Trade in Asia Hit Record in First Quarter CNBC

Japan admits delaying nuclear crisis upgrade Telegraph
"Our concern is that it could eventually exceed Chernobyl."
Japan Cuts Its Economic Assessment as Damage Mounts BL
China's Nuclear Freeze Could Last Until 2012 FT
As the world’s largest user of energy, China’s actions will be key to shaping the global future of nuclear energy.
Taiwan Halts Plans to Build Atomic Reactors After Japan Crisis BL
German Nuclear Companies Stop Eco-Fund Contributions Spiegel


Crude drops more than 3% MW
U.S. Deficit to Rise to Largest Among Major Economies, IMF Says BL
U.S. Trade Deficit Narrowed in February as Imports Decrease BL
Rising Railroad Shipments Show U.S. Expansion Gaining Pace BL
Small-Business Optimism Declines WSJ  Consumers: High gas prices to curb spending MW
IEA warns on high oil prices Reuters  IMF hikes oil price forecast by 20%
Tighten your seatbelts: 2011 could be worse than 2010 Makin (Complete via Google)
The Bear of Bretton Woods Eichengreen
What will ultimately replace today’s dollar-centric international monetary and financial system is a tripolar system organized around the dollar, the euro, and the Chinese renminbi.
One Man’s Fiscal Austerity is Another’s Prosperity? Kasriel
Defaulting on Debt Is Not the End of the World Baker
The Return of the Carry Trade?! Saut
History bodes ill for stock market Hulbert
Equity Valuations Forming Second Biggest Bubble in US History Kaspar
American Ghost Towns of the 21st Century 24/7
Faux job numbers could lead to real trouble Crudele
IMM positioning: JPY shorts suggest USD/JPY could lose momentum Danske
Economic Indicators Review NB Financial April Monitor
Reforming Banks Pettis Rubino - Bonner - FMaximus - Burroughs - Baker - Paulson - Trump
Pimco Goes Short... PragCap  Economy Faces Tests.... HP
U.S. Treasuries 'Ponzi scheme': ex-PBOC official MW
WH: Obama regrets vote against raising debt limit AP
Global imbalances and the paradox of thrift VOX
Banks 1, nation states nil Saft Bankers Get Off Scot-Free in Industry Overhaul Lynn
Breaking up Wall St banks 'almost impossible' Telegraph
Bank risk culture, pay not curbed enough: survey Reuters
Regulating the Shadow Banking System Ineteconomics
Goldman Sachs Accused by Marvell Founders of Margin Fraud BL
Pass the Boone Pickens Bill Nocera
Hedge Fund Investment: What Is Promised Vs. What Is Provided FIN
When Will the Gold Bull Market End? Saville
Is Gold Overvalued? Stovall Video (S&P)
China Pork Binge Driving Iowa-Sized Soy Imports on Shortage BL
Goldman Causes Selloff In Commodities: Closes Top 5 Trade Of 2011 ZH CW
CEOs hold on to perks AP
From behind bars, Madoff spins his story FT
Japan ups nuke crisis severity to match Chernobyl AP
Hong Kong banks slapped with credit warning MW
“It is clear that the same rapid pace of credit growth is unsustainable”
Why Europe’s debt crisis isn’t over MW
Forget Greece. Ireland. Portugal. Those are tiddlers. Spain is the fourth biggest in the eurozone. Its government debts exceed all those of Greece, Ireland and Portugal put together.
This housing bubble could break our banks Business Spectator (Keen)  PDF File
Bank of Israel considered taking steps to reduce mortgage-market risks JPost
Emerging Markets have little choice but to adjust to “excess” global liquidity DB Research
'Government Must Learn from Mistakes in Commerzbank Bailout' Spiegel
Canadian Money Floods U.S. on Widest S&P 500 Discount Sice 02 BL


Stocks weaken as IMF lowers estimate for US growth AP
Silver Options Trader Bets $1 Million on Price Drop by July BL
Yellen Argues that "Accommodative Policy is Still Appropriate" NTrust
Commodities Rally Slows on Possible Libya Peace Plan Reuters
Signs point to a severe housing correction in Canada G&M
Charles Plosser and the 50% Contraction in the Fed's Balance Sheet Hussman
Three Profit Metrics to Avoid Earnings- Season Myopia Hester
Exclusive: Bill Gross Is Now Short US Debt Zero Hedge
The nation's $75 trillion problem Fleck
There are several creative ways to default on our national debt, and we are working toward all of them.
Government Shutdown Dance Was Just a Warmup BL
Kaufman Says Debt Limit Will Be Extended - Obama Girds for Struggle
Pumped Up? Surowiecki
Government Agents Price
Bernanke, Trichet Expose Their Respective DNA Baum
Inflation targeting simply has not worked King
Stiglitz Calls for New Global Reserve Currency to Prevent Trade Imbalances BL
The Fed's Most Dangerous Game: Checkmate Smith
Ben Bernanke versus Milton Friedman Hummel
The Federal Reserve’s Emergence as the U.S. Economy’s Central Planner
Chapman - MyBudget - Durden - Dr. HB - Keen - Mish - BE
Bears, bugs still respect the bull Brimelow
As worry list grows, G20 gets wonky Reuters
The Bubble to Rule All Bubbles Fool
Global imbalances and the paradox of thrift VOX
Five Stocks Top the Rest in Elite 30-30 Club Dorfman
NYSE snubs Nasdaq, sticks with Deutsche Boerse deal Reuters
JPMorgan Accused of Breaking Its Duty to Clients NYT
Boomers see retirement slip further away DetFP
How to Get a Real Education WSJ
Gas prices approaching all-time high CNN  Drivers Starting to Cut Back
Iceland again rejects debt deal Reuters
“I know this will probably hurt us internationally, but it is worth taking a stance”
President Grimsson: “The people have now spoken clearly on this matter on two occasions. The leaders of other states and international institutions will have to respect this expression of the national will.”
UK to sue Iceland for £2.2bn Icesave debts ThisisMoney
Germany Warns on Greek Debt, Defying Efforts to Snuff Out Crisis BL
Portugal prepares to meet EU and IMF to negotiate bail-out - Spain Different? Sadly Not
Bootle: “Much more is brewing”
Gordon Brown: I made a big mistake on banks Telegraph
Monetary Policy Tools Fooling No One in China Xie
Float the yuan, lest inflation sink China Caixan
Commentary: Beijing should ease yuan controls, stop buying Treasurys
China Inflation ‘Somewhat Out of Control,’ George Soros Says BL
Li’s Lure May Mean $1.7 Billion Yuan Property Trust IPO BL
The first Chinese currency-denominated initial public offering outside the mainland.
Property Bubble Hits the Grave in China Jakarta Globe
Insider Trading in China Thrives With Selective Data Disclosure BL
Numbers circulated before the publication of economic indicators are right so often that it raises the prospect of selective disclosure or insider trading...
Economists React: China’s Trade Deficit WSJ
Apartment rental costs in Dubai fall another 8-10% Gulf News
Indian Politicians Woo Voters With Giveaways of Cows, Gold, Cable WSJ

Japan set to extend nuclear evacuation zone Reuters
End to Japan nuke crisis is years, a fortune away AP
The study, done with three other companies, projects that it would take about 10 years to remove the fuel rods and the reactors and contain other radioactivity at the site
Safes, cash wash up on Japan shores after tsunami AP
Japan: An aging society not prepared for retirement SacBee
The Man Who Predicted the Tsunami WSJ


Market to focus on earnings in coming week
Party isn’t over for upside earnings surprises G&M
Might the market finally be in for a dose of earnings disappointment?
Lawmakers Reach Deal to Cut $38.5 Billion, Avert Shutdown BL
Shutdown battle only the start of US budget war Reuters  Debt ceiling: Battle heats up
Banks in Ill., Nev. fail; makes 28 closed in 2011 AP FDIC
Diverging Monetary Policies, Again Noland Harding
The Curve in the Road Mauldin
Bonds Approach Critical Long-Term Support Swenlin
Monetary Policy, Deficit Reduction, and the Ryan Plan Stelzer
Presentation - global growth: Short term headwinds on the rise Danske
Global Growth Story Remains Intact Puplava
Remember the Past, Remember the Wolf Wakefield
U.S. Housing: When Will the Recovery Begin? BMO
Britain's deficit-cutting plans called 'oxymoronic' by Larry Summers Telegraph
Toxic Dollar: Why Nobody Seems to Want US Currency CNBC
Addressing The Notion Of 'Different' Gold Standards Forbes Kudlow
Gold is a "no brainer"—Alan Newman FSNewshour (Audio)
Hello World Armstrong
New York Subpoenas 2 Foreclosure-Related Firms NYT (Morgenson)
Inflation Hits Main Street: Small Businesses Raise Prices CNBC
A special report on pensions - Pick a number, any number Economist
In a Survey of Bosses, Good News for Job Seekers NYT (Norris)
Toyota to suspend North American output for five days DetNews
JPMorgan Paid $421,458 for CEO Dimon’s Sale of Chicago Mansion BL
Goldman Sachs chief Blankfein was 'stunned' by SEC lawsuit... Telegraph
NYSE gets a facelift, its future unknown AP
Global oil market oversupplied - Iran OPEC governor Reuters
Gold Is Still Cheap Despite Record Surge: Marc Faber   CNBC
Gold Technicals ZEAL
China Reports First Quarterly Trade Deficit in Seven Years BL
Europe’s $2 Trillion of Distressed Debt Set to Outstrip U.S. BL
The Politics of Globalization YALE
China under pressure over Saudi rise ATimes
Who Got Swindled at Citibank Indonesia? Asia Sentinel
Region on Edge as China Readies to Launch Aircraft Carrier Chosun
China expands ban on Japanese food imports Xinhua
Gaza-Israel violence rages on as 4 militants killed Reuters

Weekly Focus: Monetary tigtening dominates, but debt concern lingers Danske
Global Views Scotia Global Equity BMO


Oil Climbs Above $112 on Libyan Armed Revolt, Dollar Weakness BL
Gold closes at another record; silver tops $40 MW
Gold: 'This is the perfect storm' CNN
Obama Demands Budget Deal to Avert Government Shutdown BL
Why 2011 Is Like 2000 and 2007 Comstock
Markets Weigh Two Federal Shutdowns, Bad and AwfulThe price of a shutdown
Dickering on Budget Goes Down to the Wire WSJ  Shutdown Would Have Wide Ripples NYT
Time running out for US budget deal FT
Crony capitalism strikes again Stockman
Someone has to stop the Federal Reserve before it crushes what remains of America’s Main Street economy.
Europe's Rate Rise Signals End of Cheap Money Era WSJ  La Monica - WSJ
The ugly math of Medicare CNN
In just the next decade, the CBO estimates, enrollment in Medicare will grow by a third and spending per enrollee will jump by 50%
Budget cuts to test banks’ mettle Saft
Waiting for the great rebalancing FT (Wolf)
Investors tend to chase the latest fad Economist
EMs Make a Huge Comeback BeSpoke  Liu - Keen - Mish - Panzner - HP - Middleton
US Small/Midcaps: Stocks show signs of topping out Reuters
Lacker: Big Firms Should Be Allowed To Fail Reuters
Our Debt Binge Is Ending — And The Middle Class Will Get Clobbered TTicker
GE to build nation's largest solar power plant AP
Foreclosure nightmares won't end Fortune
Royal Bank of Canada considers sale of U.S. retail banks G&M
Feds launch probes into Hercules Offshore AP
US moves for force HSBC to name secret account holders in India WSJ
Don't hold your breath for oil prices to drop Barr
Algorithms, Not Demand, Driving Oil Prices Sky High? CNBC
Goldman Rides ‘Big Short,’ Squeezes Rivals in Cohan’s History BL
--
Money and Power: How Goldman Sachs Came to Rule the World Amazon
Madoff Seeks to Spread Blame for Fraud FT
“There were senior people at the bank who knew what was going on”
Top lawyer and trader 'would have made Gordon Gekko proud' Telegraph
Gold hits fresh record, silver tops $40 an ounce MW
Embry - I’m Amazed Hedge Funds are Short Mining Shares! King World
"Are Central Bankers Loading Up On Gold?" via ZH
Gold: 40 years of turmoil - Where Is America's Gold?: The Mystery of Ft. Knox
Bear market for natural gas MW
Tough stance makes Spain different Telegraph
European Debt Crisis Morphs Into New Phase El-Erian
While Portugal is the third euro-zone country to go down this road in less than a year, the next phase will likely play out differently
Why China may be in a secular bear market G&M
Art of Economic Crime Inflames China's Wounds Pesek
By pushing too hard, Chinese authorities might create so much popular resentment that they provoke the very uprising they’re trying to prevent.
The life of a day trader at the Karachi Stock Exchange Express Tribune

Japan Hit by 7.1 Quake; Workers Evacuated From Fukushima BL
Japan's Stricken Reactors Show No Damage from Latest Quake BL
Japan Aims to Rebuild Without New Debt WSJ (Complete via Google)
“It's hard to predict the outcome. The figure could become ¥5 trillion or ¥6 trillion”


ECB Takes Away Punch Bowl Merk
U.S. Consumer Credit Rises More Than Forecast on Student Loans BL
Wells Fargo Cuts 1,900 Mortgage Jobs as Home Lending Slows BL
Crude at $175? Oil traders stress test the future FT
Initial Jobless Claims in U.S. Fell 10,000 Last Week to 382,000 BL
Bears Give Up: Biggest Switch in Sentiment in 7 Years CNBC
Japan struck by single 7.1-magnitude earthquake CNBC
U.S. Stocks, Yen Up on Tokyo Quake BL
A big change of heart Hulbert  'Secular Bear' Market Has Years Left to Go: Advisor CNBC
Russell now says long-term bull market alive and well
Don’t buy stocks and don’t buy bonds MW
Two legendary investors have conflicting points of view
History will rue US and Europe debt woes Rogoff
Unusually low interest rates currently keep the carrying costs of these debts modest, and make it seem as if the day of reckoning is far off. Sadly, debt can be worked off only slowly, while rates can rise suddenly.
Is the global economy in danger of overheating? Oxford Economics
Federal Budget - Rerun of 1994-95 Episode or More? NTrust
Train wreck Morici
The economic consequences of a government shutdown in the United States can't be calibrated on a spreadsheet with an economic model. I
How I Learned to Love the Government Shutdown Baum
NBR: “Neither side is completely sure who will get blamed if they shut down the government”
A look at the impact of a government shutdown AP
Fed Would Stay Open Amid Government Shutdown WSJ
The Devolution of the Consumer Economy Smith MyBudget - Panzner - Rortybomb - O’Rourke
Europe’s Subprime Quagmire Project Syndicate
Has finance gone too far? VOX
Over the last three decades the US financial sector has grown six times faster than nominal GDP...there comes a point when the financial sector has a negative effect on growth
Samsung's estimates reflect slow recovery WSJ
Malls Face Surge in Vacancies WSJ
Fallout From Boom and Downturn, Change in Habits, Hit Local Shopping Areas
Feds: Insider Scheme Spanned 17 Years WSJ
JPMorgan CEO: Rich Should Pay 'Lion's Share' Of Taxes HP
Why you should buy gold and silver now Aden
Oil Prices 'Doing Significant Damage' To U.S. Economy HP
Producers prepare for oil sands battle G&M
Marine areas off-limits for nuke power stations China Daily
UN agency says global food prices fall AP FOA
Farmers look to earn their corn with new storage bins FT
“Farmers have built more on-farm grain storage in the last three to four years than they’ve built in the previous 30.”
Portugal seeks 80bn bailout as third nation falls Inde
Fears grow that contagion could threaten Spanish economy too.
Telegraph: Portugal's request for help came as the European Central Bank prepares to start raising interest rates.
Research - ECB: How fast and for how long will the ECB hike rates? Danske
Europe's Not Back to Normal, So Why Is the ECB Hiking Rates? PIMCO
Moody's May Take Axe to UK Bank Ratings Reuters
China Bubble: Empty Mega Mall and Million Dollar Pooch YALE
The inevitable slowdown will affect all – from commodity producers to governments issuing debt
Faster gain likely as yuan hits fresh high Shanghi Daily
Yam urges Beijing grip on currency Standard
China to ban foreign investment in villas China Daily  Luxury property prices surge
Safe Haven Dubai Gains as Middle East Turmoil Disrupts Lives BL
A hard look at Japan's debt problem Curious Capitalist


Portugal Seeks EU Bailout, Joining Greece, Ireland BL
Oil settles higher, topped $109 a barrel on Nymex AP
Gold hits another record as silver nears $40 an ounce G&M
Business Cycle Monitor: Leading indicators heading lower Danske
U.S. Fiscal Crisis in Spitting Distance Kotlikoff
Fed’s Biggest Foreign-Bank Bailout Saved U.S. Muni Bonds BL
Bernanke an Inflation Pollyanna? Bill Gross Thinks So CNBC
Bernanke May Have to Overcome Fed Split on Maintaining Stimulus Past June BL
Fed Crisis Legacy Made It the People's Bank Winkler
At stake is the individual’s right to know how the public as involuntary investors provided loans to banks and in what amounts
Has the Fed Eased Too Much? Makin  Fed Watch: More Hawkish Rhetoric Duy
Does a Weak Dollar Cause Inflation? Merk
Wages not keeping up with inflation - Wages Fared Better in Recession Than Recovery
Greenspan Panders for More Money Sheehan  Minack - Jubak - Mish 2 - Smith - Hirschhorn
Stopping hot money is a dangerous soft option Hutchinson Reuters
Analysis of the Congressional Budget Divide NBR
SEC Introduces Plan to Rein in US Stock Market Volatility Reuters
Could 2011 Be Worse Than 2008? Don't Rule It Out CNBC
Buffett policy forbade Sokol investment WSJ
Mr. Buffett assumed Mr Sokol had the ownership stake for some time...
Buffett 'Snow Job' Has Conned the Media: Steinhardt CNBC
Munger Says He Told Buffett of BYD Stake, Stayed Out of Talks BL
Cisco CEO Chambers: 'We Have Lost Accountability' Reuters
The Art of Bubbles: How Sotheby's Predicts the World Economy Atlantic
Wall Street is dealing again MW
Are record-setting auction prices a leading indicator of economic collapse?
Gold vaults to record-highs, silver hits 31-year peak Reuters
Analysts Backing Gold All the Way to $1,500 CNBC
Solar Costs May Already Rival Coal, Spurring Installation BL
Easy money will keep pressure on commodities Kemp
Euro zone states consider Greek restructuring: report Reuters
On Portugal: “They should be able to kick the can a little bit further down the road...”

U.K. Manufacturing Production Unexpectedly Stalls, Casts Doubt on Rebound BL
The Spectre of Inflation in Asia Asia Sentinel
It isn't just China and India – most of Southeast Asia will be hit
China's growth to slow to 9.6% in 2011: ADB Xinhua
Cross-border renminbi trade increases Xinhua
China comes of age for luxury brands Standard
How Oil and Food Prices Impact Asia, and Other Economic Tidbits WSJ

TEPCO starts dumping radioactive water into ocean Asahi
Amid nuclear crisis, Japan’s Tepco planned new reactors WP
The idea of building two new reactors at a facility that is still leaking radiation into the air and sea “is of course totally unacceptable”
Special Report: Japan power crunch could get worse in summer Reuters


Gold Settles at Record High Above $1,452 Reuters
Fed Officials Divided Over Tighter Policy in 2011, Minutes Show BL FED
House Republicans Unveil Budget With $6 Trillion Cuts BL
Geithner Sees ‘Severe Hardships’ If Debt Limit Isn’t Raised BL
Confessions of an Investor Absolute Return Letter
Aggregate supply: where is U.S. economy’s speed limit headed? NB Financial
When Doves Cry: Debates Rage About QE2's Finale Sonders
Take This Jobs And Shove It JimQ
Shad Rowe?! Saut   A deficit of courage Morici
Super-Rich CEOs are killing your retirement Farrell
The Unproductive Years Hutchinson
When multifactor productivity is considered, it becomes clear that the U.S. economic engine has become seriously distorted.
Of the 1%, by the 1%, for the 1% Stiglitz
Market Valuation: The Message from the Q Ratio DShort MyBudget - Pesek
The Fed Undermines Foreign Policy Paul
Bernanke: Fed to improve financial oversight AP Speech
Dollar Strengthens Versus Euro on Bernanke Inflation Preparedness Comments BL
US: What to make of recent Fed speak Danske
Fed Not to Blame for Rising Commodity Prices, Paper Argues WSJ
Fed should focus on inflation, not jobs Fortune
Fed Lending Increases Ultimate Cost of Bank Failures Mish
Sam Eisenstadt is nearly as upbeat as six months ago Hulbert
Government Shutdown Looming? Wells Fargo
Obama administration moving forward with government shutdown plans WP
US Republican budget plan would cut $5.8 trln in 10 yrs Reuters
Feds seek $7M in privately made 'Liberty Dollars' AP
“Attempts to undermine the legitimate currency of this country are simply a unique form of domestic terrorism”
How to Avoid the Pitfalls of a New Tech Bubble Lynn
A Word to Wall Street: 'Plain English,' Please Levitt
Nuns challenge Goldman Sachs over pay Guardian
McDonald's Plans To Hire 50,000 Workers -- In A Single Day Reuters
Sprott - Gold to go Over $2,000 Because of Money Printing King World
Are Silver Prices at 31-Year Highs Justified? Reuters
Corn prices at highest level since summer '08 AP
What Japan's disaster tells us about peak oil OurWorld 2.0
China aims for mining’s big league with Equinox bid G&M
Moody's cuts Portugal, says bailout needed urgently AFP
Portugal Banks Threaten to Shun Bonds: Report Reuters
China Raises Interest Rates to Counter Inflation Pressure BL
Households to sink under a sea of debt Warner
King Soothes BOE Staff With Canteen Cost Pledge After Pay Freeze BL
Debt, Dictatorship, and Democratization Project-Syndicate

Gov't wants more from BOJ to support economy after quake AP
Second Update to Post-Quake Economic Outlook Morgan Stanley
Floating Houses Pose Bigger Test for Ships Than Japan Radiation BW
Portable generators sell out after quake BL

Monday April 4, 2011
Geithner Says U.S. To Reach Debt Limit No Later Than May 16 BL
March Madness: U.S. Gov't Spent More Than Eight Times Its Monthly Revenue CNS
U.S. Job Rebound Misses Those Looking Longest BL
Biggest Profit Gain Since 1900 Sustains S&P 500 After Rally BL
Crunching Japan's Numbers: Final Bill Above $300 Billion CNBC
Japan Warns Radiation Leaks Could Last Months CNBC
Will the Real Phillips Curve Please Stand Up? Hussman
The Biggest Urban Legend In Finance Research Affiliates
More Keynesian than Keynes was - and more wrong than right this time King
What have Britian's liberal press, Paul Krugman and George Osborne got in common?
Fed's Low Interest Rates Crack Retirees' Nest Eggs WSJ
Don't Wait for a Paycheck to Signal Inflation Baum
The Fed Is on 'Different Monetary Planet': Economist CNBC
The US recovery is just an economic 'sugar rush' Telegraph
The Grand Failure of Conventional Economics Smith  Duy - EB - Krugman - Mish - CW
In Praise of Distraction Surowiecki Samuelson
What is the size of the fiscal multiplier? An estimate you can’t refuse VOX
How a big US bank laundered billions from Mexico's murderous drug gangs Observer
Four Pounded Stocks for Savvy Investors to Buy Dorfman
Wall Street Trading Revenue Seen Falling 4th Straight Quarter BL
Foreign currency trading is easy - an easy way to lose money LAT
More and more Americans are dabbling in currency trading and losing in spectacular fashion
Ban the Benjamins! CBS
The hundred-dollar-bill may be America's most successful export. And guess what? Foreigners have fishy reasons for holding onto their Benjamins,  too!
Sheen Ticket Prices 'Torpedoed' After Motor City Show CNBC
Ron Paul to Probe U.S. Mint Coin Shortage Kitco
Buy silver to hedge against global turmoil MW
In Gold They Trust Ineteconomics
The illusion of black swan-proofing
Crude rises to highest level in over two years AFP
Saudi Arabia Looks to Solar, Nuclear Power to Reduce Its Oil Use by Half BL
China may double solar power capacity goal China Daily
Stepping on the Gas WSJ
With the nuclear industry in crisis and oil prices on the rise, could the  solution to our energy problems be in the ground at home?
Miners Bet on Falling Copper Prices FT
Japan’s Tankan Signals Concern Confidence Will Keep Sliding BL
Last chapter in Japan’s deflation saga? Edward Chancellor
Murder on the EU Express Ferguson
With the monetary union coming apart, the finger-pointing has begun. Who really killed Europe?
Industry pleads with Bank of England not to raise rates this week Inde
Yen for a new global currency Japan Times
The problem is that although nearly everyone grumbles about the dominance  of the dollar, the greenback fulfills all the leading attributes of an  international reserve currency
Beijing's housing deals dive Shanghai Times
Irish property going for a song Guardian
2 Senior N.Korean Apparatchiks Executed Chosun

Tokyo Electric Sawdust Solution Fails to Stop Radiation Leak BL
Japanese nuclear plant continues its radioactive spill into ocean LAT
China to Cut Nuclear Goal After Japan Reactor Crisis BL
“We can see delays in some projects, but in the longer term, I don’t see how they can change the program they have in place without facing drastic power shortagesâ€
Shelves still empty in disaster areas Yomiuri

Weekend Edition (April 2-3, 2011)
U.S. Service Industries Probably Grew at Close to Fastest Pace Since 2005 BL
Going Nowhere In A Hurry? Contrary Investor
The Plight of the Working Class Mauldin
Austerity? Not when we have bailouts Fleck
Will government shutdown be averted? CNN
Q1 & QE2 Noland
Quantitative Tightening (QT) is already in full swing - in the EM world MStanley Harding
We've Become a Nation of Takers, Not Makers WSJ
More Americans work for the government than in manufacturing, farming, fishing, forestry, mining and utilities combined.
The Bank Run We Knew So Little About NYT (Morgenson)
A Cure for Fiscal Failure? Rogoff
Freedom Fighters: The Facebook Revolution HindeSight
Selling America: The view from a bear's chair Fortune
Global Markets Enhance Perspective Swenlin
Dividends are back, but not all the way back AP
Spending Your Stash Schiff MyBudget - El-Erian
Ron Paul Plans Hearings on Fed Foreign Loans Reuters Ron Paul's $3M pot of gold Politico
If Home Prices Counted in Inflation NYT (Norris)
Americans Just Took a Pay Cut As Inflation Outpaces Wages CNBC
Government debt-managers may be undermining quantitative easing Economist
$10 billion in budget cuts down, $23 billion to go CNN
State budget crises push sentencing reforms AP
Mixed Signals Marked Sokol Meeting WSJ
“If Citigroup's bankers put together this list of takeover candidates  because he's from Berkshire Hathaway, then in my view Sokol was so out of line it's not even funnyâ€
Excuses, Excuses, Excuses NYT (Nocera)
Whenever the world’s greatest investor gets in a tight squeeze, he straps on his angel wings, readjusts his halo, and leans on his reputation...
Berkshire's Credit Rating May Be Hurt by Sokol: Moody's Reuters
Top Lubrizol managers to cash in on company's sale AP (Mar 28)
A Flaw in New Rules for Mortgages NYT (Norris)
Amid global tumult, U.S. 'value' stocks seen safe Reuters
WaMu suit may be tough to prove Seattle Times
Goldman CEO 2010 pay package rises to $14.1M AP
American Apparel bankruptcy alert BBC
Junior Gold Stocks 6 ZEAL
Boiling Point: Gold At A Crossroads Index Universe
Faber: Gold is very cheap BI
U.S. Consumers Have Big Banks To Blame For High Gasoline Prices EconMatters
Nuclear waste: America's biggest security threat CNN
Uranium stocks seen playing catch-up to spot price G&M
Egyptian Stocks Advance After 22% Plunge, Led by Developer Six of October bBL
Europe rescue fund says ready to help Portugal - report Reuters
Portugal and Ireland fail to restore confidence   Inde
Rapid growth in cross-border yuan trade Xinhua
Brazil to tolerate strong currency for now Reuters
Canadian dollar climbs to three-year high Reuters
Uncompetitive, dishonest: MPs' verdict on UK banks Inde
BOJ poll shows consumers feeling price hikes in March AP
Stalemate in Libya increasingly viewed as a likely outcome WP

Global Views Scotia Weekly Focus Danske Global Equity BMO
S&P 500 Posts Longest Winning Streak Since February on Faster Jobs Growth BL

Friday April 1, 2011
Dow Jones hits 33-month high on jobs Dow Jones
Manufacturing in U.S. Expands at Close to Seven-Year High BL
U.S. Payrolls Grew 216,000 in March; Unemployment at 8.8% BL
KKR, Carlyle Lead Best Quarterly Start for Buyout-Backed IPOs BL
Nasdaq, ICE Top Deutsche Boerse With $11.3 Billion NYSE Bid BL
Debt Problem Grave, But Solution Elusive Comstock
Marc Faber: Still a Bear, and He Has His Reasons CNBC
Traders Worry That April 27 Could Derail the Bull Market CNBC
Should you sell in April and go away? Hulbert  April is the No. 1 month for the Dow
Foreign Banks Tapped Fed’s Secret Lifeline Most at Crisis Peak BL
The disclosures may stoke a reexamination of the risks posed to U.S. taxpayers by the central bank’s role in global financial markets.
HP: At a time when credit markets shunned even the most worthy borrowers,  foreign banks, including one partly-owned by Muammar Gaddafi's Libya, fled to the Federal Reserve and borrowed at rock-bottom interest rates
To Lower The Debt Ceiling, Fix The Monetary System Forbes
The Quiet Coup Atlantic
If the IMF’s staff could speak freely about the U.S., it would tell us what it tells all countries in this situation: recovery will fail unless we break the financial oligarchy that is blocking essential reform.
How Much is Too Much Public Debt? II
Currency Moves Highlight Global Divide WSJ
South Korea and Malaysia were believed to have intervened to slow the rise of their currencies Thursday...
Nations discuss monetary reform China Daily
Pay, Profit, and Growth, Part 9 - Low wages take their toll Lui
Housing Policies Backfire: Minority Ownership Dives Investors
Heading for a double dip Reich
Nobody in Washington or Wall Street wants to admit it, but the economy is leaning toward another plunge
How Japan's Earthquake Will Shake the World Xie
Keen - Mish - Dr. HB - La Monica - DeLong - Warner
Can the Fed Be Effective, Innovative -- and Independent? Wharton
Fiscal policy and growth in light of the crisis VOX
Buffett Misses Chance to Show Moral Courage Schroeder
Buffett's Heir Apparent Confused Personal Interest With Business Loyalty Lenzner
On Wall St., what Sokol did is against the law Crudele
Subprime Bonds Are Back WSJ
The demand is so strong for these securities that even the Fed is taking advantage...
Home Brings $100 Million WSJ
Undercover Audio Reveals Rajaratnam's Frantic Calls After Goldman-Buffett Tip CNBC
Stop The Madness: Make The Dollar As Good As Gold Forbes
Oil futures break through $107 a barrel MW
Saudi Government’s Break-Even Oil Price Rises $20 In A Year WSJ
Top 10 'buy'-rated U.S. stocks under $5 TheStreet
Why investors overpay for certain assets Economist
Euro debt and the high cost of justice Saft
Bank Risk Breaking Back of Irish Government: Roubini CNBC
Ireland: a dead cert for default Elliott
Saddling the Irish public with even more unpayable debts from the banks is grotesquely unfair and economically stupid
Irish bank problems push state closer to edge Inde Bilouts an ominous sign
Research Euroland: Fact Book Ireland Danske
Portugal Sets Election to Stem Crisis as Bond Repayments Loom BL
Increase in eurozone interest rates would be 'disaster' for Spain Guardian
China's March PMI of manufacturing sector rises Xinhua
Chinese finance: A shadowy presence FT
EM Stocks Are Not Attractively Valued BCA Research
Elections and the Loonie BMO

Japan: Economic Aftershocks BW
Can there really be so little global impact from Japan's disaster? Why the bullish forecasters could be wrong
‘
Lehman Shock’ Is Kid Stuff Next to Fukushima
Pesek
Japan Yosano: won't allow BOJ to underwrite govt bonds Reuters
“Such a thing is unthinkable and I will absolutely not allow it to happenâ€
Japan utility ordered to review radiation figures AP
Gigantic concrete pumps will be airlifted from US to Japan AP
Exclusive: WANTED: U.S. workers for crippled Japan nuke plant Reuters
Wall Street Banks Tap Physicists to Ease Tokyo Radiation Fear BL