Here are seven (or so) links at 7AM Eastern.  We will see you later with the daily linkfest.  Good luck out there.

Markets

Companies are becoming reluctant to give earnings guidance as Q1 estimates decline. (FT, Money Game)

Retail investors are putting money back into the stock market.  (Money Game)

Why investors flock to the big, brand name hedge funds:  the placebo effect.  (Pension Pulse)

Liquidity

How diminished market making could make markets more volatile.  (Sober Look)

More on the risk of higher gasoline prices to the consumer.  (TheArmoTrader, Capital Spectator)

Don’t look now but milk futures are becoming more liquid.  (WSJ)

Europe

Greece secures a second bailout. (FT, WSJ)

Reactions to the likely unsustainable Greek debt deal. (Felix Salmon, Zero Hedge, Global Macro Monitor, Money Game, naked capitalism)

A sign of the times:  the ECB has halted bond purchases.  (FT)

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