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Is there still a “wall of worry” for the market to climb?  (The Pragmatic Capitalist)

By this measure the bull market in bonds is finally over.  (Buttonwood)

A cool yield to maturity graph that shows the risks you need to take to generate additional yield.  (Infectious Greed)

More signs that investors are gorging on junk bonds.  (Fundmastery Blog, The Source, Bloomberg)

More signs that the risk culture is back.  (Humble Student)

What sector SPDR ETFs are closest (and farthest) from their all-time highs?  (Afraid to Trade)

Volatility needs to pick up before looking for a turn.  (Daily Options Report)

Bonds are becoming competition for stocks.  (Aleph Blog)

What happens after the stock market goes for a run of days without a 1% or greater pullback?  (Bespoke, ibid)

On the utility of short-selling.  (Felix Salmon also Kid Dynamite)

The regional banks are on fire.  (The Reformed Broker)

Jon Corzine wants to turn MF Global (MF) into a “mini-Goldman.”  (NY Observer)

A handful of small cap sector ETFs come to market.  (ETF Database)

Do funds that use behavioral finance actually outperform?  (The Psy-Fi Blog)

How retail investors bias option prices.  (SSRN)

What to think about when growing trading size.  (TraderFeed)

Portfolio rebalancing is more complicated than it looks.  (Capital Spectator)

Carl Richards, “The idea that there is some mythical investment that we can label the best, without first considering how it fits into the context of your life, is crazy.”  (Bucks Blog)

An interview with Richard Eckert of the former Lahde Capital.  (Finance Trends Matter)

How playing poker can prepare you for the “heavy emotion” of trading.  (Texas Hold’em Investing)

Ezra Klein, “Relying on perfect regulators or more responsible bankers will eventually fail.”  (WashingtonPost)

Mark Gimein, “The record of investors at keeping an eye on reckless and exuberantly expansionist chief executives is poor.”  (The Big Money)

Goldman Sachs (GS) is back on the PR offensive.  (WSJ, FT Alphaville, Gapper Blog, Deal Journal, naked capitalism)

Re-bailout.  GM and Chrysler’s pension funds are underfunded.  (DealBook, 24/7 Wall St.)

California has a pension fund problem.  (Infectious Greed)

Is the consumer “climbing out their bunkers”?  (Big Picture, DJ Market Talk also ABC News)

Asymmetry in monetary policy.  (money supply)

Breaking up too-big-too-fail banks may come with some costs.  (macroblog)

Roger Lowenstein on leverage and financial reform.  (Tech Ticker)

Is Canada finally catching a whiff of the housing bubble?  (Rolfe Winkler)

Mark Thoma has given up on a jobs bill.  (Huffington Post)

Contingent debt and correlation seeking.  (Marginal Revolution)

Are there too many currencies in the world today?  (Free exchange)

On the value of “collaborative filtering.”  (Credit Writedowns, The Wire)

Have bloggers “won”?  If so, who lost?  (naked capitalism)

Goodbye net neutrality.  (WashingtonPost, Atlantic Business, peHUB)

Shut out of the iPad, Intel (INTC) is desperately trying to catch back up again.  (Silicon Alley Insider)

The Twitter platform is at an inflection point.  (A VC)

How tax write-offs for skyboxes ruined baseball.  (NYTimes via Maoxian)

The effect of the World Cup on beer sales.  (FT Alphaville)

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