Thanks for checking in with us for this early morning linkfest.  Good luck today!

Why Japanese equities are cheap.  (Money Game)

Enough is enough.  The G-7 intervenes to sell Japanese yen.  (WSJ, FT Alphaville, Mish)

The rally in the VXX doesn’t make up for the losses suffered YTD.  (IndexUniverse)

What did we learn from FedEx (FDX) yesterday about the state of the economy?  (Pragmatic Capitalism, WSJ)

Fears about the no-fly zone over Libya have once again put a big in oil prices.  (FT Alphaville)

Here comes the bank dividends.  (WSJ)

Do we need big banks?  (voxEU, Economist’s View, naked capitalism)

On the shift in Treasury buying.  (Global Macro Monitor)

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