The market can’t fall much farther if you want to continue calling it a bull market.  (Trader’s Narrative)

John Roque on why this market needs to go lower to become truly oversold.  (Tech Ticker)

John Paulson has only raised $90 million of outside capital for his gold-focused hedge fund.  (WSJ)

There is a rally in truly distressed debt out there.  (Clusterstock)

Bond ETFs had a stellar 2009.  Will that continue in 2010?  (Morningstar)

Fundamental indexing comes to the bond market.  (WSJ)

A history of the PEG ratio and why it is widely misunderstood.  (the research puzzle)

Are CTAs an asset class?  (Morningstar)

Is it worth the time and effort to try and identify actively managed funds even in so-called inefficient markets?  (Capital Spectator)

The latest ETF Death Watch is shrinking.  (greenfaucet)

You can’t keep Lenny down!  (Daily Options Report)

David Merkel, “Liquidity derivatives are not a reasonable product.”  (Aleph Blog)

On the fundamental nature of risk and the too big to fail problem. (voxEU via EconLog)

Does breaking valuation ratios into short and long-term components add value?  (CXO Advisory Group)

Private equity seems to have a beneficial effect on the industries in which it invests.  (SSRN)

A handy sovereign risk table.  (FT Alphaville)

“As monetary policy begins to shift and fiscal policy remains imprudent the landscape is shifting.”  (The Pragmatic Capitalist)

How the Fed might use interest on excess reserves to manage the transition from monetary easing.  (DealBook)

It is time for Goldman Sachs (GS) to revamp its board.  (Felix Salmon)

It is hard to blame “market efficiency” for the crisis when almost no one believes in it.  (SSRN)

Who is going to buy all those MBS the Fed is planning to sell?  (Atlantic Business)

Use National Bank of Greece (NBG) as a proxy for the situation in Greece.  (VIX and More)

Germany could bail out Greece, but should it?  (The Reformed Broker, 24/7 Wall St., money supply, WSJ)

Rail traffic is still not demonstrating any strength.  (Calculated Risk)

Will the demand for (or supply of) consumer credit affect future economic growth?  (macroblog)

Cap rates for commercial real estate jumped in Q4 2009.  (Calculated Risk)

Will John Thain be able to keep his hands off his new “hideous” office at CIT Group (CIT)?  (Dealbreaker)

Will Google Buzz gain any traction against Twitter and Facebook?  (The Big Money, Silicon Alley Insider)

Will the tablet computers like the iPad give magazines one more “bite of the apple”?  (Fortune)

Why implementing a pay wall after having charged nothing before is so difficult.  (Predictably Irrational)

Times are tough when the WSJ has a column up touting the financial benefits of clipping coupons.  (WSJ)

What the footnoted acquisition says about the state of blogonomics.  (Felix Salmon, Big Picture, Reuters)

The good news about the beneficial effects of beer on bone density.  (DailyFinance)

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