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

Markets

Are you people seriously trying to create a market top?  (The Reformed Broker also Howard Lindzon)

Don’t forget the big bond bears have been early (and wrong) for awhile now.  (Money Game)

Traders don’t need to be in the market at all times.  (Big Picture)

Global

Greece passes an austerity program.  The streets erupt.  (FT, WSJ)

Extend and pretend comes to China:  local government loans are rolled over in bulk.  (FT, FT Alphaville)

Private equity is hot for energy deals and Japan becomes a big natural gas importer.  (WSJ, ibid)

Week in review/preview

How much farther do valuations have to expand?  (A Dash of Insight)

Where markets stand at week-end.  (Global Macro Monitor, ibid)

Looking back at the week’s economic statistics.  (Bonddad Blog, Calculated Risk)

The economic schedule for the coming week.  (Calculated Risk)

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