MUST READS Big price swings return to Dow – USA Today The Dollar Rally May Have a Long Way to Run – Barron’s The Dollar Short, What and Where Now? – Alhambra Partners US Dollar Breaks Through Overhead Resistance; Euro Sinks – Trader Dan Forget The “Alibaba Top” – This Is The Chart Everyone Is Watching – Zero Hedge Islamic State Oil Refineries in Syria Hit in Airstrikes – Bloomberg The forgotten financial crisis of 1914 has parallels 100 years on – Telegraph German Central Bank Head Weidmann: ‘The Euro Crisis Is Not Yet Behind Us’ – Spiegel Standard & Poor’s Warns on Germany Triggering the Next Debt Crisis, – Wolf Street Household Net Worth Just Hit A Record High: Here Is Who Benefited – Zero Hedge Zero Hedge: Wall Street’s daily dose of doom and gloom – CNN/Money Why Fears of a Subprime Auto Bubble Are Overblown—For Now – WSJ Student loan default rate drops to 13.7% – CNN/Money
MARKETS/INVESTING Global stocks track US higher; dollar marches on – AP Occupational Hazards of Working on Wall Street – Bloomberg Japanese stocks turn positive for the year as yen drops – MarketWatch With China Set to Open Stock Trading, Investors Lay Groundwork – NY Times Get ready for rising interest rates — and stocks – MarketWatch Gold drops to 9-month low as dollar hits 4-year peak – Reuters Gold’s fall to pump up Indian demand – bullion traders – Mineweb Gold Downside Risk Seen ‘Significant’ to Goldman Sachs – Businessweek Shanghai Silver Stocks Fall As Silver Eagle Sales Explode Higher – SRSrocco Report Gold price seen near tipping point for mine cuts, closures – Reuters Is This A Triple Bottom In Gold? – GoldSilverWorlds
ECONOMY/WORLD/HOUSING/BANKING Watch US inflation expectations – Sober Look Where macroeconomics went wrong – mainly macro Rich Gain More Ground in Every US Expansion – Naked Capitalism Housing Prices, “Real” Interest Rates, and the “Real” CPI – Mish Weak euro zone lending data underscores need for ECB stimulus – Reuters Putin leaves Germany’s factories in a worse state than anyone imagined – Telegraph China steel demand shrinks for first time in 14 years as slowdown stings – Reuters House prices: Londoners threaten to flee the capital over housing costs – Telegraph Last Time this Happened, the Housing Market Crashed – Wolf Street Fed’s Fisher says rates may rise ’sooner rather than later’ – Reuters Federal Reserve Policies Cause Booms and Busts – Mises Connecting “the Dots”: Disagreement in the FOMC – NY Fed
