The biggest hedge funds get bigger.  (Reuters, WSJ, Barron’s)

Fund flows do not predict future stock market performance.  (Don Fishback)

Sentiment remains bullish.  (Pragmatic Capitalism)

The Dow is going to experience its first ‘golden cross’ since 2005.  Should we care?  (Bespoke, Bloomberg)

Using the VIX to determine if the market is overbought/oversold.  (InvestorPlace)

On the need to think about (portfolio-wise) the ongoing secular shift towards the emerging markets.  (AR Screencast)

How to bet on inflation like John Paulson.  (ROI)

Voices of caution on the rise in gold.  (Money Game, Big Picture)

Evidence that low yields led investors to “yield search.”  (Economics One)

Credit spreads as a stock market indicator.  (CXO Advisory Group)

On the relationship between gold and equities.  (Buttonwood)

How volatility can work in the favor or value investing.  (Marketwi.se)

Wonder how Mr. Cocoa is dealing with the bill pullback in cocoa?  (FT)

ETFs are just a “drop in the bucket” compared to the broader markets.  (IndexUniverse)

Sometimes you can’t even give away an ETF.  (The Reformed Broker)

Eric Falkenstein, “This search for the evanescent risk premium that appears as an ephemeral ghost, yet is omnipresent and very important, is one of the myths of our age.”  (Falkenblog)

Money market mutual funds are losing their AAA ratings.  (FT Alphaville)

The situation at AIG (AIG) just doesn’t add up.  (Big Picture, Deal Journal, Felix Salmon)

Fingers are always pointed at “evil futures traders” whenever the market tanks.  (Points and Figures, Clusterstock)

The SEC report on the Flash Crash is out.  (SEC, NYTimes, WSJ, Zero Hedge)

On the cozy relationship between the Fed and former staffers.  (Reuters)

The ECRI WLI continues to improve.  (Pragmatic Capitalism, Money Game)

The ISM reading shows continued growth in manufacturing.  (FT Alphaville, Calculated Risk)

What does the rise in the CRB index imply for future inflation?  (Bespoke also BusinessWeek)

Economic data keeps trending better than expectations.  (VIX and More)

Lower mortgage rates are not translating into mortgage refinancings.  (FT Alphaville)

The budget deficit is still bad, but better than expected.  (Tech Ticker)

Brazil the next hot destination for private equity.  (Term Sheet)

Private equity is lowering fees to garner assets.  (Bloomberg)

An interview with Brian Shannon.  (Crosshairs Trader)

Another repeat, but interesting.  Trading wisdom from William Eckhardt.  (Kirk Report)

If you trade forex you had better know how your broker operates.  (StockTwitsFX)

Double checking your opinions.  (Farnam Street)

The map of Europe according to Americans.  (kottke)

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