ETFs are not as transparent as you think.  (IndexUniverse)

ETF Deathwatch for March 2010.  (Invest With An Edge)

IBD upgrades its market outlook to positive.  (The Pragmatic Capitalist)

Be careful using century old data to justify your position.  (The Reformed Broker)

The US and foreign markets have never been more correlated.  (Financial Armageddon)

Mixed results for hedge funds in February.  (FINalternatives, DealBook, WSJ)

Money flowing into Asia-focused hedge funds could drive prices higher.  (Clusterstock)

Can the IPO market get its mojo back?  (Renaissance Capital)

Why Chile’s stock market didn’t plummet post-earthquake.  (Marketwatch)

Play the (trading) ball where it lies.  (Abnormal Returns also Daily Options Report)

What it takes to be a full-time trader.  (Tickerville)

On the folly of forecasting.  (World Beta)

Can you tell a real chart from a fake chart?  (CXO Advisory Group)

David Merkel, “Thus, my view of Berkshire Hathaway is that it is more critical as to who is the CEO/COO rather than who is the Chief Investment Officer.  The greater need is to manage the businesses, rather than manage slack cash for high returns.”  (Aleph Blog)

Pfizer (PFE) has become a hedge fund favorite.  (Reuters)

Slow down.  People are not cutting the cable cord to go all-Web.  (Tech Trader Daily)

Another example of why Wall Street is not your friend.  (Felix Salmon)

The Britsh pound is short-term oversold, but the longer term picture holds little hope.  (Barron’s also MaoXian)

Add the Euro to the oversold category.  (The Money Game)

Australia has it going on.  (The Money Game, Money Supply)

Another 25 bp hike Down Under.  (Money Supply, MarketBeat)

Fed governors are singlehandedly reducing the unemployment rate.  (WashingtonPost, DealBook, Big Picture)

Andrew Clavell, “Politicians are anti sovereign CDS as their existence accelerates the requirement for a response to deal with local country deficits and structural eurozone imbalances.”  (Financial Crookery)

On the benefit of naked CDS.  (Felix Salmon, FT Alphaville, Atlantic Business)

Mark Thoma, “However it’s measured, output is far too low, unemployment is far too high, and disinflation is still a worry. Don’t let the deficit and inflation hawks convince you otherwise.”  (Economist’s View, ibid)

The next ten years may be marked as the ‘austerity decade.’  (Guardian UK also Economist)

What role do low interest rates have on the savings rate?  (EconomPic Data)

Is Goldman Sach’s business truly at risk to bad publicity?  (DealBook, Curious Capitalist)

An extended profile of Larry Fink, CEO of money management giant Blackrock (BLK).  (Vanity Fair)

The first review of Michael Lewis’ “The Big Short.”  (Salon)

Barry Ritholtz talks with Russ Roberts on the history of bailouts and the role of the Fed in the stock market.  (EconTalk)

Spring is here!  A new paper, “Detrending career statistics in professional baseball:  Accounting for the steroids era and beyond.”  ( via pkedrosky)

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