Tuesday 7atSeven: obsolescent yields

Here are seven (or so) links at 7AM Eastern.  We will see you later with the daily linkfest.  Good luck out there.

Markets

The big market indices are breaking recent trendlines.  (Global Macro Monitor)

Analysts are projecting even higher profit margins.  (Money Game)

Yield seeking

Want yield? Emerging market corporate bonds are the hot new thing.  (WSJ)

High dividend yields often come with outdated business models.  (YCharts Blog)

Tech

Why did Facebook ($FB) buy Instagram for $1 billion?  (GigaOM, SplatF, Dan Primack, Pando Daily)

Did Microsoft ($MSFT) overpay for AOL ($AOL) patents or did it reset patent prices?  (WSJ, CNet)

Global

China is once again a net exporter.  (FT Alphaville)

The Mexican Peso doesn’t get any respect.  (MarketBeat)

Economy

Employment growth may be higher than commonly thought.  (MacroAdvisers)

Comparing this recovery to past recoveries.  (Econbrowser)

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