On the value of going against the consensus.  (FT)

How the credit ratings agencies went wrong.  (Bronte Capital)

The Baltic Dry Index continues to fall.  (FT Alphaville)

Analysis of a company at 52-week highs that is still substantially undervalued.  (Street Capitalist)

BP (BP) oil spill costs now exceed $3 billion.  (CNNMoney, 24/7 Wall St.)

BP is piling up cash and increasing its loan commitments.  (The Source, WSJ)

What say Goldman’s leading economic indicator?  (Pragmatic Capitalism)

We should be preparing for mediocre growth for some time to come.  (FT Alphaville, The Money Game, Big Picture)

Can the US stimulate the economy in the short-term while getting its fiscal house in order in the long run?  (FT)

Why are firms saving so much?  (Economist’s View)

Watch the states.  They are the true picture of the nation’s economic health.  (Aleph Blog)

Is it time to talk the end of the mortgage interest deduction?  (FT, ibid)

China is set to be the world’s IPO leader this year.  (Bloomberg, FT Alphaville)

A handy James Montier resource page.  (EuroShareLab via Simoleon Sense)

The wireless carriers still rule handset sales.  (GigaOM)

There are now a number of ways to follow Abnormal Returns including:  @ARupdates, free e-mails:  AR ClassicAR Energy, AR Options, the Abnormal Returns widget, our daily screencasts, and Abnormal Returns TV.

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Please see disclosures here.

Please see the Terms & Conditions page for a full disclaimer.