Thanks again to all of the new readers of this humble little blog. We hope you find these items of interest.

Edmund L. Andrews in the New York Times reviews the implications of Bernanke's new approach towards monetary policy. A focus on the signals from incoming economic data could very well inject some (much needed?) volatility into market expectations.

Caroline Baum at notes the subtle change in policy making implied by Bernanke's pronouncements.

Then again the news from China may ultimately have a deeper impact on global growth than the latest Fed move. Andrew Browne and Michael M. Phillips in the Wall Street Journal note the increase in Chinese bank lending rates is an attempt to cool the potentially overheated Chinese economy.

Ticker Sense has a graph that shows why investors may be foolhearty in wanting the Fed to halt their series of rate hikes so soon.

Heather Scoffield at the Globe and Mail notes inflationary pressures in Canada may have the two North American central banks moving in different directions.

Amity Shlaes at asks, "who is afraid of $100 oil?" Not surprisingly politicians are at the top of the list.

Barry Ritholtz has more graphs on the link between presidential approval and gasoline prices.

Chart of the Day has a graph demonstrating the "Sell in May" effect.

Jonathan Berr at notes AOL is still trying to figure out the model in regards to their stock blogs.

Count the Stalwart as less than impressed when it comes to the new AOL stock blogs, focusing on their short-termism and promotion passing for analysis.

According to a piece by Ellen Rosen in the New York Times, maybe you should have gotten an MBA/JD to cash in on the private equity boom.

Emma Trincal at points to some research that shows so-called hybrid funds aren't all they are cracked up to be.

These hedge funds are going to own everything one day! (via DealBook)

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