MUST READS
Bernanke Quells Talk of Fresh Fed Stimulus – Bloomberg
Gold falls $100 before recovering, silver down 7% – Mineweb
Bernanke Back in the Hot Seat as QE Expectations Cool – CNBC
ISDA panel: No credit event yet from Greek restructuring – Washington Post
How Greece’s default could kill the sovereign CDS market – Reuters
Bundesbank head issues new warning to ECB over loans – Globe & Mail
Southern European Money Migrating North to Safety – Spiegel
ECB’s Draghi raises the stakes with trillion euro gamble – Telegraph
Rising Crude Prices Tap Into a Barrel of Nonsense – Bloomberg
To end the Fed, Paul will have to start questioning it – GATA
Buffett May Know Value, But He Doesn’t Know What Money Is – Forbes
Paul Krugman: Bond Vigilante? – NetNet

MARKETS/INVESTING
Oil falls below $107 amid weak demand – AP
Gold rebounds after price rout draws buyers – Reuters
Bond bubble, toil and trouble – MarketWatch
Will Fed push oil to $200 a barrel? – MSN Money
Apple valuation tops $500B ahead of iPad announcement – Washington Post
Nasdaq hits 3,000 – with a lot of help from Apple – Globe & Mail
Gold selloff risks halting investors’ buying spree – MarketWatch
Gold tumbles as Fed signals no further stimulus – Commodity Online
Slippery Silver, the ‘Devil’s Metal’ – WSJ
Silver – Is the Party Over? – Profitimes

ECONOMY/WORLD/HOUSING/BANKING
Only 54% Of Young Adults In America Have A Job – Zero Hedge
GDP For 2011 Revised Upward to 3.0% — Is It Real? – Daily Capitalist
Middle-Class Welfare State Is Invisible by Design – Bloomberg
HSBC’s China PMI reaches four-month high in Feb – China Daily
Eurozone unemployment continues to increase – BBC
Ugly Stereotypes of Germany Resurface in Greece – Spiegel
Goldman Delays “Housing Bottom” Forecast To Mid-2013 – Zero Hedge
California AG Harris demands justice for homeowners – O.C. Register
Foreclosure Sales Ramp Up Post Robo Signing – CNBC
Has Bernanke learned an important lesson? – MoneyWatch
Five Largest Banks ‘Should Be Broken Up’: Fed’s Fisher – CNBC
The Usual Suspect – DeLong, Project Syndicate

MUST READS
Iran ‘to accept payment in gold for oil’ – BBC
Bernanke to face pressure on interest-rate policy – AP
ECB allots $713 billion to banks in LTRO – MarketWatch
Euro-Area Banks Tap ECB for Record Amount of Cash – Bloomberg
ECB’s cheap money has just turned toxic banks into zombie banks – Telegraph
The World from Berlin: Second Bailout for Greece ‘Will Not Be the Last’ – Spiegel
Paying Cash for that Latte? It May Land You on FBI’s Terrorist List – New Americsn
US Treasury Department cuts Iran’s cash pipeline, sources say – Fox News
Wyoming narrowly defeats measure to prepare for apocalypse – Reuters
Stockman: America has ‘reached the point of no return – rawstory
New central bank cash glut risks “monetary anarchy” – Reuters
ECB + LTRO = Mr. Creosote? – Macro Man

MARKETS/INVESTING
Oil near $107 after mixed U.S. demand signs – AP
Gold futures pull back after ECB lending results – MarketWatch
Wall Street was never on your side – Abnormal Returns
Risk On: Was 2008 Just a Bad Dream? – Businessweek
Why it took the Dow so long to eclipse 13K – MarketWatch
Understanding The Current Oil Market – DOTE
Are bonds only for scaredy cats? – CNN/Money
Is the silver surge sustainable? – Mineweb
Major upside breakout on Silver chart? – Peter Brandt
Is the silver surge sustainable? – Mineweb
Golden Boy – The Big Picture

ECONOMY/WORLD/HOUSING/BANKING
More on Potential GDP and the Output Gap – Econbrowser
India growth slows to 6.1%; rate-cut hopes up – MarketWatch
Germany’s Jobless Rate at Lowest in Two Decades – Bloomberg
Draghi Bazooka has not yet stopped Club Med money collapse – Telegraph
Chinese Lawmakers’ Showdown Over Property Curbs Simmers – Bloomberg
Surging sales point to strength in China’s property market – Sober Look
As Home Prices Fall Further, Is It Time to Buy? – CNBC
LA/OC home prices at 30-month low – O.C. Register
Ben Bernanke was a market monetarist (in 2003) – Money Illusion
Bullard: Conditions Ripe for Inflation Inferno – WSJ
Fed Watch: Opportunistic Disinflation? – Fed Watch

MUST READS
Europe’s Banks Addicted to ECB’s Cheap Money – Spiegel
S&P declares Greek ’selective default’ after bailout – BBC
ECB temporarily suspends Greek bonds as collateral – Reuters
German Parliament Approves Greek Bailout Package – Spiegel
Italian Yields Reach 10-Month Low on ECB Cash – Bloomberg
California gas prices jump 26 cents in a week – LA Times
Gas prices high? Oil price survey points to more increases. – CSM
California AG Harris wants halt to foreclosures – McClatchy
Buffett mocks Christie for ‘write a check and shut up’ remark – The Hill
Extend & Pretent Coming to an End – The Burning Platform
A US Boon in Low-Cost Borrowing – NY Times
Miserable Wants Company – aucontrarian

MARKETS/INVESTING
Oil falls to $108 onweak demand – AP
Gold firms ahead of ECB financing – Reuters
The Market’s Pullback Watch – Barron’s
Is This Stock Market Rally for Real? – Time
Bull Market Stampedes Over Those Calling for Correction – CNBC
Paulsen Predicts ‘Lousy Year’ for Treasuries – Bloomberg
Monetary gold to act more visibly in inter-government finance – Mineweb
Gold struggles to test $1800 on lingering uncertainties – Commodity Online
Central banks gold buying remains robust in January – BullionStreet
China refines its role in global gold market – LA Times

ECONOMY/WORLD/HOUSING/BANKING
Economy Squeezed As Debt Accelerates – Ron Paul
Why We Should Be Worried about a Double-Dip Recession – US News
Cash Is Better Than Food Stamps in Helping Poor – Bloomberg
China risks ‘middle income trap’ without free market revolution – Telegraph
‘Greater Chances Outside’: German Minister Calls for Greek Euro Exit – Spiegel
Crisis Management Rift: Merkel Rebukes Minister for Comments on Greece – Spiegel
Shanghai Raises Minimum Wage 13% as China Seeks to Boost Demand – Bloomberg
Fall in house prices accelerates – Irish Times
Europe in housing market agony, says Rics – BBC
Signs of upturn in Phoenix’s long-suffering housing market – USA Today
The Fed’s Anti-Recession Effort May Unleash 15% Inflation – Investors.com
RAHN: Fixing the Federal Reserve – Washington Times

MUST READS
G20 seeks eurozone bailout boost – BBC
Europe Gets Ready for Round 2 of Bank Loans – NY Times
A Greek exit: Nothing to fear but the lack of fear itself – Economist
Spanish revolt brews as economic rearmament begins in Europe – Telegraph
The robosigning deal is a useless embarrassment – Washington Post
Buffett on housing: Was “dead wrong,” but still believes – Fortune
Wall Street Confesses to Bonus Culture Ills – Bloomberg
10 investment lessons from Jeremy Grantham – MarketWatch
Right-wing political extremism in the Great Depression – voxeu
Bernanke Pessimism Drives Credit Amid Cuts – Bloomberg
Economists see more reasons for optimism this year – AP
A new recession seems inevitable – CNN/Money

MARKETS/INVESTING
Surging oil prices weighing on markets – AP
Gold retreats in line with euro, stock markets – Reuters
Factors in the recent oil price increases – Econbrowser
What High-I.Q. Investors Do Differently – NY Times
Paulson Said to Tell Clients Gold Fund Will Top Others – Bloomberg
Buffett Buys US Precious Metals Business from Cookson Group – Jesse’s Cafe
Your pot of gold’s ‘sell-by’ date, after which it’ll be trash – Emirates 24/7
Thinking small so your gold investment can make it big – Globe & Mail
Factors leading to paradigm shift in metals commodities pricing – Mineweb
The new Canadian gold rush – Globe & Mail

ECONOMY/WORLD/HOUSING/BANKING
The High Price of Losing Manufacturing Jobs – Fiscal Times
The ‘High Oil Prices = Recession’ Fallacy – Daily Capitalist
Why the Government Must Keep Running Deficits. Forever. – Angry Bear
Is the Administration Joining Team Balance-Sheet Recession? – rortybomb
China’s Billionaire Congress Makes Capitol Hill Look Poor – Bloomberg
Yen Shows BOJ Stimulus Beating Intervention – Bloomberg
Debunking the “Housing Has Bottomed” Meme – Naked Capitalism
Why the Federal Reserve can’t fix housing – CNN/Money
There is No Shortage of Rental Housing and Rents Are Not Rising Rapidly – CEPR
Bullard: Housing Declines May Have Cost a Generation of Buyers – Bloomberg
How Will Central Banks Respond to Oil Prices? – WSJ
Contemporary Monetary Analysis – Prudent Bear

MUST READS
Gas prices rise 12 cents this week – CNN/Money
Europe Faces Pressure as G-20 Mulls IMF Role – Bloomberg
Argentine advice for Greece: ‘Default Now!’ – RT News
An Agreement That Few Believe – Comstock Partners
European Banks May Tap ECB for $629 Billion Cash – Bloomberg
German showdown with IMF looms as Bundestag blocks rescue funds – Telegraph
Why Won’t The Fed Talk To Financial Reform Advocates? – Baseline Scenario
Current Housing Bust Much Worse Than Great Depression – The Big Picture
Bank of America stops selling mortgages to Fannie Mae – Housing Wire
Why the mortgage settlement is a fair deal – CNN/Money
Is the Smart Money Heading for the Sidelines? – NetNet
Mean Reversion – EconomPicData

MARKETS/INVESTING
Oil rises to fresh 9-month highs above $108 – AP
Gold holds near $1,780/oz, eyes second monthly gain – Reuters
Why bonds are risky right now for your portfolio – Globe & Mail
Why U.S. Treasuries Won’t Always Be a Haven – Bloomberg
Inflation Expectations & Stocks Still Moving In Lockstep – Capital Spectator
How short and long term players will combine for a gold price increase – Mineweb
India to import 5000 tonnes of silver, price to exceed $60/oz – Mineweb
Gold climbs nearly 90 times in 100 years – BullionStreet
Fight the Fed with silver and gold – MSN Money
Great day for gold – MarketWatch

ECONOMY/WORLD/HOUSING/BANKING
Why the U.S. Economy Could Go Haywire – TrimTabs
The return of schools of thought in macroeconomics – voxeu
Atlanta Fed Survey Finds Long-Term Inflation Worry – WSJ
UK GDP growth for 2011 revised down to 0.8% – Guardian
Germany Isolated over Resistance to Expanding Euro Bailout – Spiegel
Greece’s Lenders Have The Right To Seize National Gold Reserves – GoldCore
Bank of Canada: Home Price Decline May Cause Consumer Spending Shock – Bloomberg
Comments on Existing Home Inventory – Calculated Risk
Ranieri: The Case for Converting Foreclosures to Rentals – WSJ
Republican House Bill Would Strip US Fed’s Jobs Mandate – CNBC
The Bernanke Uncertainty Principle – Macro Rants
Why We Can’t Believe the Fed – CFR

MUST READS
EU says eurozone economy to shrink in 2012 – BBC
Fitch downgrades Greece on debt swap plan – Reuters
Greek plan could mean exile from investors -Washington Post
ECB’s Mario Draghi magic corrupts bond markets – Telegraph
Price of gasoline could determine Obama’s fate – MarketWatch
Obama goes on offense over high gasoline prices – Reuters
Dem leader Pelosi blames Wall Street for spike in gas prices – The Hill
With gasoline demand falling, why do prices keep rising? – McClatchy
Gasoline Prices Are Not Rising, the Dollar Is Falling – Forbes
Fear of Iran is inflating gas prices – CNN/Money
Crude oil and gasoline prices – Econbrowser
Goldman Goes Long WTI – Zero Hedge

MARKETS/INVESTING
Oil falls to $106 after US crude supply jump – AP
Gold pauses, monetary easing hopes support – Reuters
Stocks Sputter as Investors Seek Catalyst – CNBC
What the Hedge Funds are Buying – Reformed Broker
Is bad timing the reason for hedge funds’ underperformance? – Sober Look
Another phase in the Greek tragedy – it could lose all its gold! – Mineweb
Rogers: Gold to rise much higher this decade, do not sell – Economic Times
Western central banks – more debt, Asian central banks – more gold! – Mineweb
Central banks to retain pole position in gold rally – Bullion Street
Great Day For Gold – MarketWatch

ECONOMY/WORLD/HOUSING/BANKING
That Darned Output Gap! – Decline of the Empire
Weighing the risks to the inflation outlook – Macroblog
China risks economic crisis if no reforms: report – Channel News Asia
German Business Confidence Hit 7-Month High in February – Bloomberg
‘EU Has Not Yet Faced the Whole Sad Truth About Greece’ – Spiegel
UK housing market heading for ‘lost decade’ – Telegraph
Home prices at lowest point in more than 10 years – CNN/Money
Housing’s Dilemma: There’s Not Enough To Buy – CNBC
Realtors Slam Obama Foreclosure-Rental Plan – WSJ
Is Gold Money? Don’t Ask Ben Bernanke – Resource Investor
Federal Open Market Committee forecasts: Guesses or guidance? – voxeu
Burned before, Fed officials cautious on rebound – Reuters