Did you know we were in a new bull market?  (MarketBeat, Clusterstock)

Did you know we were in the third worst bear market in history?  (Bespoke)

The market has moved a long way, pretty quickly.  (Trader’s Narrative)

Are corporate bonds and bank loans a better bet at this point?  (Aleph Blog)

T-bill rates down to 1929 levels.  (Crossing Wall Street)

Are Treasuries in a bubble?  (Morningstar.com)

Is volatility in a bubble?  (Bespoke)

Leveraged ETFs are becoming the de facto choice of many traders.  (Daily Options Report)

Testing RSI(2) as a market indicator.  (MarketSci Blog)

More detailed November hedge fund performance data.  (market folly)

Is shipping the most leveraged infrastructure play?  (Clusterstock)

AlphaClone launches.  (World Beta)

Mack, Thain (and Abnormal Returns) all get zero bonuses this year.  (WSJ.com)

Is there something like real estate “bubble memory“?  (Odd Numbers)

A new mortgage term to remember:  re-defaults.  (Calculated Risk)

Every recession is different.  (Econbrowser, Mankiw Blog)

Goodbye petrodollars.  (Follow the Money)

Speak not the word, nationalization.  (naked capitalism)

“Breathtaking corruption” (and stupidity). (Pajamas Media, ChicagoTribune.com, Dealbreaker)

The “transaction from hell” inevitably ends in bankruptcy.  In addition, the Cubs and Wrigley Field are excluded from Tribune’s bankruptcy filing.  (NYTimes.com, ChicagoTribune.com, Credit Slips via Mick)

Ugh.  Jay Leno is sticking around in primetime.  (NYTimes.com also Mixed Media)

The latest SNL digital short every one is talking about.  (Hulu.com)

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