This is an abbreviated (and early) edition of the linkfest. Don’t forget to check out the Kindle version of our book over the long weekend. Good luck out there today.

Investment advisors are still pretty bullish.  (Pragmatic Capitalism)

A bearish divergence.  (All Star Charts also Dynamic Hedge)

US stock correlations are way down.  (MarketBeat)

Managed futures returns are all over the place. (research puzzle pix)

Spain’s equity market continues to tank.  (Bespoke)

Family offices are the new hedge funds.  (Dealbook)

Burger King would not be coming public again were it not for Bill Ackman.  (Dealbook, Deal Journal)

How’s John Paulson doing YTD.  (Reuters, FT)

ETFs are still finding it hard to crack the 401(k) market.  (WSJ)

Americans are not prepared to manage their own 401(k) plans.  (WashingtonPost)

Initial jobless claims drop again.  (Capital Spectator)

What’s the real point of QE?  (FT Alphaville)

Some new bloggers worth a look.  (Counterparties)

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