Is Salmon Brothers finally dead?  (WSJ)

The Bloomberg Financial Conditions Index is back to normal.  (Trader’s Narrative)

Heavily shorted stocks are leading the market.  (WSJ)

SPACs are back.  (WSJ, Clusterstock)

Signs that the risk culture is back.  (Abnormal Returns)

Are fund managers getting stampeded back into equities?  (Rational Irrationality)

Are mutual fund flows blowing a bubble in the bond market?  (Accrued Interest)

Can the day of the week effect be traded profitably?  (CSS Analytics)

Inflation is the next investment marketing bugaboo.  (Kirk Report)

Two commodity price ratios of note.  (Bespoke)

What has been driving the rally in natural gas?  (FT Alphaville)

The Dow Chemical (DOW) deleveraging soap opera is over.  (Value Plays)

Xerox (XRX) looks desperate.  (Deal Journal)

The SEC is probing big losses in securities lending.  (Clusterstock)

Why is Goldman Sachs (GS) lobbying against restrictions on naked short-selling?  (Matt Taibbi)

Private equity is dead through 2010.  (Clusterstock)

Big mergers are back.  (DealBook also Jeffrey Cane)

Some signs of home price stabilization via Case-Shiller.  (Calculated Risk, Caveman Forecaster, Curious Capitalist, Free exchange)

It’s do or die time for financial regulatory reform.  (WashingtonPost)

“What I do know is that when investment banks got big enough and bureaucratic enough that risk management and revenue generation could be separated, the wheels began to come off the bus.”   (Epicurean Dealmaker)

States shouldn’t look to casinos for more revenues.  The gambling boom is played out. (Esquire)

Interviews with author and investment strategist Michael Mauboussin. (Simoleon Sense, Time)

Vaccines are the hot new thing in pharmaceuticals.  (FT Alphaville, Health Blog)

A cool tool for visualizing industry job losses.  (Big Picture)

More feedback on the New York magazine piece on Zero Hedge.  (Crossing Wall Street, Fund My Mutual Fund)

Why open-source will not make a meaningful dent in Microsoft Office.  (The Big Money)

In defense of Twitter.  (Marginal Revolution)

Are you morally obligate to click on online ads for your favorite sites?  (Atlantic Business)

The turnaround at Starbucks (SBUX) is ongoing.  (Economist)

“Over the past 10 years, scientists have made enormous strides in their ability to identify and make images of the underlying mechanics of flowing air and water, and to predict how objects move through these flows.”  (NYTimes)

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