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

Avoiding the “illiquid and expensive” asset classes.  (Felix Salmon)

The S&P 500 and ECRI WLI are on a crash course.  (Money Game)

If a GE ($GE) is cheap, what about the whole market?  (WSJ)

Berkshire Hathaway ($BRKA) has been in a multi-year consolidation pattern. What next?  (chessNwine)

Customized trading algorithms: there’s an app for that.  (Bloomberg)

Spanish banks are in a tough situation.  (Economic Musings)

Headline writers are talking about a ‘Spring swoon‘ for the US economy.  (WSJ, NYTimes)

State and local payrolls seem to be stabilizing.  (Calculated Risk)

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