MUST READS
Stocks: Another day, another record? – CNN/Money
Dow’s hitting new highs — but are you? – MarketWatch
Wall St. record with Dow closing above 15,000 – xinhuanet
China yuan speculation distorts export data – Reuters
Americans’ Confidence in the Economy Ties Record High – Gallup
Debt Ceiling Deal? Not with This Group of Lawmakers – Fiscal Times
Colleges Soak Poor U.S. Students While Funneling Aid to Rich – Bloomberg
29 Facts Proving College Education Is A Giant Money Making Scam – American Dream
Welcome to the Currency War, Part 8: US Issues Variable-Rate Debt – Dollar Collapse
Many Americans say they can’t retire until their 70s or 80s – LA Times
Senate Passes Wal-Mart Backed Bill for Taxes on Web Sales – Bloomberg
Physical activity and health – voxeu

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MARKETS/INVESTING
Oil slips toward $95 as US supplies seen rising – AP
Gold edges up on China demand; ETF holdings at 4-yr low – Reuters
Are Stocks Cheap? A Review of the Evidence – NY Fed
Exuberance? Euphoria? Hardly . . . – The Big Picture
Don’t Sell Yet, Dow Headed to 18,000: Pro – CNBC
Hedge Funds Rush Into Debt Trading With $108 Billion – Bloomberg
Mr Spock would definitely find current gold price levels illogical – Mineweb
Gold-hungry China braces for surge in imports – Reuters
China produces 90 tons, consumes 320 tons in Q1-2013 – BullionStreet
Gold Imports by India Seen Topping 100 Tons for a Second Month – Bloomberg
Why Wall Street is unmoved by gold fever – MarketWatch

ECONOMY/WORLD/HOUSING/BANKING
A Reality Check For Employment – Capital Spectator
China trade growth accelerates beating forecasts – BBC
No-one is impressed by China’s amazing April trade figures – FT Alphaville
Japan May Regret Starting A Difficult Inflation Fire – RCM
Germany’s Working Poor: More Low-Wage Earners Dependent on Welfare – Spiegel
S. Korea’s money supply continues to grow amid accommodative policy – xinhuanet
U.K. House prices highest since 2010, says Halifax – Telegraph
The federal reserve is inflating a bubble in the apartment market – OC Housing News
NY to sue BofA, Wells Fargo over ortgage deal violations – Washington Post
Lacker: Fed should get out of MBS, avoid overstimulating housing – Reuters
11 Reasons Why The Federal Reserve Should Be Abolished – The Economic Collapse
Fed Council Warned of Credit Risk, Asset Price Bubble – Bloomberg

MUST READS
Do young people believe in stocks? – CSM
Warren Buffett: Stocks Will Go ‘Far Higher’ Over Time – CNBC
Buffett sees ‘brutal’ damage for savers from money printing – Telegraph
France Declares Austerity Over, Germany Offers Wiggle Room – Bloomberg
Euro Crisis Deepens, German ’sado-monetarists’ refuse to back QE – Telegraph
German euro founder calls for currency to be broken up – Telegraph
Meals on Wheels budget cuts: ‘Slowly developing crisis’ – CNN/Money
Lessons can be learned from Reinhart-Rogoff error – Washington Post
How Many People Around You Receive Food Stamps? – Slate
Niall Ferguson Blamed Keynes’ Philosophy On His Being Gay – BI
Tracing the Gay Keynes Controversy Back to Schumpeter – EPJ
Xi Jinping and the Chinese dream – Economist
Too Much Asset Inflation – Noland, Prudent Bear

MARKETS/INVESTING
Oil rises above $96 on US jobs growth – AP
Gold firm after second weekly gain – Reuters
The Oil and Gold Booms Are Over – Bloomberg
A Time to Sell … and Borrow – Barron’s
Visualizing The Triumph Of Hope Over Reality – Zero Hedge
Aligning Market Exposure With the Expected Risk/Return – Hussman Funds
Stocks Rally, but Bull May Still Lose His Party Hat – CNBC
Turkey buys 45.49 tons of Gold in April – BullionStreet
Gold-price plunge leaves sellers digging for options – Seattle Times
Jan.-Feb. data reveals U.S. gold production declining—USGS – Mineweb
Gold Bulls Split With Buffett as Traders Say Sell – Bloomberg

ECONOMY/WORLD/HOUSING/BANKING
How Social Networks Drive Black Unemployment – NY Times
El-Erian: A recipe for continued economic momentum – Fortune
Italy economy to shrink 1.4% in 2013, figures forecast – BBC
Japan household spending surges as “Abenomics” gains momentum – Reuters
China services growth slows sharply, adds to recovery risk – Reuters
Bankers whisper: Spain’s bailout bill could rise – Reuters
Portugal aims to cut 30,000 civil service jobs – BBC
Help to Buy ‘bubble’ could push house prices up by 30pc – Telegraph
Reverse-Mortgage Defaults Increasing – WSJ
What Happens to Housing When Investors Leave? – U.S. News
How 30-Year Mortgages Saved the Housing Market – Bloomberg
Diminished Housing Wealth Effect Keeps Pressure on Fed – Bloomberg
Federal Reserve Blows More Bubbles – Ron Paul

MUST READS
What to Expect From the Jobs Report – WSJ
More U.S. Workers Still Predicting Job Loss Than Pre-2008 – Gallup
U.S. Spending Cuts Seen as Key in Slowing Growth – NY Times
EU Lowers Forecast as Euro Area Heads For Two-Year Slump – Bloomberg
German bond yields hit record low after ECB rate cut falls short – Telegraph
You Can’t Judge the ’30s Without Understanding the ’20s – Real Clear Markets
Housewives’ gold rush keeps price from falling – People’s Daily
Gold, backwardation and the ‘time cost of money’ – FT Alphaville
Why Are People with Health Insurance Going Bankrupt? – Naked Capitalism
Why The US’ Economic “Shirt” Can’t Stay Clean For Long? – Zero Hedge
JPMorgan Caught in Swirl of Regulatory Woes – Dealbook
Not Enough Inflation – Krugman, NY Times

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MARKETS/INVESTING
Oil up near $95 ahead of US jobs data – AP
Gold hits 2-week high on weak dollar – Reuters
Avoid the slow bond market meltdown – Money
Fund Investors Leaving US for Emerging Markets – CNBC
Reaching for yield in hot credit markets – voxeu
Sell in May? Find something new to say – CNN/Money
Who’s smartest on gold – Chinese housewives or George Soros? – Mineweb
Chinese housewives pick up 300 tonnes of gold in two weeks – Mining .com
Krugerrand sales soar following gold price slump – SouthAfrican.com
Arizona governor vetoes bill making gold, silver legal tender – Reuters
Einhorn is gored by gold – NY Post

ECONOMY/WORLD/HOUSING/BANKING
Gallup’s Job Participation Rate Surges in April – Gallup
Rogue Economists Champion Prosperity without Growth – Spiegel
Excessive Household Debt, Low Savings Still The Problem – Comstock Funds
Europe’s spring economic forecasts: The economic winter continues – Economist
Italy should use its gold reserves to force a change in EMU policy – Telegraph
Australia’s turn to enter the currency war? – Sober Look
India cuts interest rates for third time this year – BBC
Canadian housing – bursting bubble or gentle landing? – Reuters
Can Cash-Rich Investors Keep Snapping Up Homes? – Fiscal Times
A good housing market might lead to a new great recession – Washington Times
Richard Koo On the Ineffectiveness of Monetary Expansion – SNBCHF.com
Why Not Target a 3% Unemployment Rate? – Bloomberg

MUST READS
ECB cuts interest rates to new low – BBC
ECB cuts rates amid ’shocking indictment’ of economic policy – Globe & Mail
Fed Open to Expanding QE as It Counters Talk of Tapering – Bloomberg
The Federal Reserve speaks: Fearful symmetry – Economist
Why the Fed Worries Inflation Is too Low – Businessweek
Stockman: The Fed Is a ‘Central Bank Gone Crazy’ – Fiscal Times
Quantitative Easing Is Like a Medieval Doctor Bleeding a Patient – Washington’s Blog
Goldman Confirms Global Slowdown Is Deepening – Zero Hedge
Struggling factories underline fragility of world growth – Reuters
Cheap money bankrolls Wall Street’s bet on housing – Reuters
Krugman’s Proud War on Fools, Knaves and Lunatics – Bloomberg
Reinhart-Rogoff Uproar Settles Nothing – Bloomberg
There Will Be Haircuts – Gross, Pimco

MARKETS/INVESTING
Oil price stabilizes near $91 after big drop – AP
Gold edges up after ECB cuts rates to record low – Reuters
Should Investors Fear the Fearless Market? – CNBC
It Looks Eerily Like 2005 in Global Bond Markets – Moneybeat
Margin Debt Hitting Levels Only Seen Once Before – Advisor Perspectives
Sorry, Doomers: The Stock Market Isn’t Divorced From Reality – BI
Gold ETF posts record outflow in April, US coin sales spike – Mineweb
Gold Bull Run Seen Over as Bear Drop Frays Faithful – Bloomberg
HK gold retailers overwhelmed by mainland shoppers – China Daily
China Gold Mania – Coins, Bars and Jewelry Sales Surge 108% – GoldCore
Cash-for-gold at negative rates – FT Alphaville

ECONOMY/WORLD/HOUSING/BANKING
The core CPI-PCE inflation gap – FT Alphaville
China Data Confirm Slowdown in Factories – NY Times
China Cyberspies Outwit U.S. Stealing Secrets – Bloomberg
BOJ: Monetary base soars to record on new QE – Reuters
What’s worrying the Bank of Japan? – CNN/Money
A Deep Frost in Franco-German Relations – Spiegel
Iceland’s economic thaw a thorn in EU’s side – RT News
Debt-crippled Holland falls victim to EMU blunders – Telegraph
Do you know how much house you can afford? – Yahoo!
Fed keeps tapping into MBS well – Housing Wire
Fed Keeps Rates Low, Continues Buying Bonds – CNBC
FOMC Leaves Policy Unchanged – Fed Watch
The Case for Megabanks Fails – NY Times

MUST READS
Debt, Growth and the Austerity Debate – NY Times
Why everyone is wrong about austerity – MarketWatch
Beware the GDP report’s soft underbelly – Washington Post
Everything Is Rigged: The Biggest Price-Fixing Scandal Ever – Rolling Stone
Provopoulos Says ECB May Never Need to Use Bond-Buying Program – Bloomberg
Cypriot Bailout Didn’t Cause Euro-Area Deposit Flight, Data Show – Bloomberg
BOJ in credibility test as divisions emerge over inflation target – Reuters
Japans’s Scary Lesson on Slashing Interest Rates – Bloomberg
Bank of Japan stands firm while deflation worsens – CNN/Money
Bank of Japan Sees Inflation Nearing Target in 2015 – Bloomberg
Fear of falling out of middle class stalks Americans – Globe & Mail
Risk of Bond Market Revolt in Japan: Expert – CNBC
The 1 Percent’s Solution – Krugman, NY Times

MARKETS/INVESTING
Oil falls below $93 ahead of US growth data – AP
Gold pauses after rally, set for strong week – Reuters
Call This Market Surge the Anti-Austerity Rally – CNBC
The Short Supply of Assets – Pragmatic Capitalism
Nonretired U.S. Investors Grow Optimistic, Retirees Don’t – Gallup
Gold Extends Gains in New York on Signs of More Metal Purchases – Bloomberg
The current gold run is not a repeat of the 1970s – WGC – Mineweb
Catherine Austin Fitts: Another Gold Smackdown Coming? – Dollar Collapse
Big banks cut gold forecasts, but stampede slows – MarketWatch
Mints, Refineries, Out Of Stock – COMEX Inventories Plummet – GoldCore
The Hunger for (Cheaper) Gold Continues Unabated – Sharps Pixley

ECONOMY/WORLD/HOUSING/BANKING
Not So Fast on the Deflation Talk – E-piphany
The Noose On The Economy Is Tightening – Comstock Funds
It’s Too Early To Declare A Winner In The Economic Debate – streettalklive
A slowmotion sequester hits America’s poor with stealth cuts – Guardian
Southern Europe’s Recession Threatens to Spread North – NY Times
What a floating currency gives and what it does not – Financial Times
Italy’s Letta moves forward to shape government – Reuters
China Leaders Warn on Financial Risks, Rebound Falters – Bloomberg
The Government’s Latest Mortgage Fix Is Failing – CNBC
Zillow: “Unsustainable” Home Price Appreciation Cooling – MND
Christopher Whalen: Fed Is Wasting Its QE Ammo – Money News
Yellen’s Focus on Unemployment Adopted by Fed – Bloomberg
Hawks and Doves at the Fed – NY Times

MUST READS
Fed Debate Moves to Extending Bond Buying – Bloomberg
UK economy avoids triple-dip recession – BBC
Austerity debate rages in Europe – CNN/Money
ECB says ditching austerity would not help euro zone – Reuters
Why the GOP Is Dragging Its Feet on Budget Talks – Fiscal Times
Public debt and economic growth, one more time – voxeu
The Economic Argument Is Over — And Paul Krugman Won – Daily Ticker
The Reinhart/Rogoff brawl – Washington Post
Gold and bitcoin make lousy money – MacroMania
Has the next crisis already begun? – MSN Money
Meet your new $100 bill – CNN/Money
Come Back to Gold – Mises

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MARKETS/INVESTING
Oil rises to near $92 on central bank hopes – AP
Gold rises on weak dollar, physical buying – Reuters
What Bad News? Markets Don’t Seem to Care – CNBC
Sell in May, Post-Election Year Edition – Stock Trader’s Almanac
Yen Rises as Japan Investors Cut Overseas Holdings – Bloomberg
U.S Mint Sales of Gold Coins at 3-Year High as Prices Drop – Businessweek
U.K. Royal Mint Gold Coin Sales More Than Tripled in April – Bloomberg
Comex Physical Drain Accelerates – Over $7.8B In Gold Disappears – BMT
Shortages of physical gold now a global phenomenon – Mineweb
Billionaire Paulson says he’s staying the course on gold – Reuters
Gold Is No Bubble Asset: Commerzbank – Commerzbank

ECONOMY/WORLD/HOUSING/BANKING
Are Falling Inflation Expectations A Warning? – Capital Spectator
Unemployment misery deepens in Spain and Greece – CNN/Money
China cuts fuel prices amid weaker demand – xinhuanet
Italy’s New Leader Throws Down Gauntlet on Austerity – CNBC
Italy Led by Letta Brings Berlusconi Back as Winner – Bloomberg
Australia to buy Chinese government debt – Financial Times
Crisis for Europe as trust hits record low – Guardian
Foreclosure activity plunges in California with new laws in effect – LA Times
Deutsche Bank can’t shake L.A. claims over foreclosure blight – Reuters
How Much Has the Single Family Housing Market Shifted to Rentals? – Calculated Risk
Central Banks Load Up on Equities as Low Rates Kill Yields – Bloomberg
Possible Fed Successor Has Admirers and Foes – NY Times