Thanks for checking in with us for another edition of our early morning linkfest.  Good luck today.

The aftermath of the Japanese earthquake.  (WSJ, FT Alphaville, Japan Real Time)

A look back at how the Kobe earthquake affected the Japanese markets.  (Global Macro Monitor)

Trying to estimate the effect of a Japanese quake on the global reinsurance market.  (The Source, Bloomberg)

Rail traffic growth is slowing.  (Pragmatic Capitalism)

Should the Fed respond to commodity price increases?  (Economist’s View)

The fight over state pensions is just beginning.  (NYTimes)

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