Gold vs. CDs.  Over the past 30 years CDs win.  (Bloomberg)

News flash:  correlations are unstable.  (FT Alphaville)

Steve Place, “A major component of risk management in options trading is making sure that the trading vehicle you’re using doesn’t suck.”  (Investing With Options)

Our desire for conformity work against our desires to become great traders.  (CSS Analytics)

Markets work in two different time frames and require different approaches to succeed.  (TraderFeed)

Hints of a turn in the US Dollar Index.  (Bespoke, VIX and More, The Technical Take)

The Rally Apologista’s Handbook.  (The Reformed Broker)

Is the VIX signaling a return to normalcy?  (WSJ also OptionsZone)

Interest in hedge funds is on the rise.  (InvestmentNews)

On the market for mutual fund and hedge fund managers.  (SSRN)

A passel of new long-short mutual funds to take a look at.  (BusinessWeek)

An ETF provider hiking fees?!?  (FT Alphaville)

Ross Perot Jr. needs to know when to say when.  (footnoted)

“A trading tax is not consistent with strong EMH. It would have the opposite effect of what its proponents desire, and create less stable markets less safe for investment.”  (Ultimi Barborum)

Independent research firms are facing tough times.  (FT)

Would a central clearinghouse for derivatives simply be another too big to fail institution?  (Clusterstock)

The TARP exceeds expectations and lowers the eventual tab.  (WashingtonPost, Crossing Wall Street, Atlantic Business)

How some sovereign wealth funds made in the crisis buying bank stock.  (Daniel Drezner, Felix Salmon, Deal Journal)

John Carney, “In short, the restrictions on pay are working to force banks to raise money in the capital markets and repay the government.”  (Clusterstock)

Just how bad things could have gotten for the financial system.  (Rolfe Winkler, Economist’s View)

Some of our favorite bloggers have gotten together to discuss financial regulation and reform.  (The New Decemberists also Baseline Scenario)

What kind of GDP growth will it take to meaningfully lower the unemployment rate?  (Calculated Risk also Big Picture)

Policy makers need to not confuse the cyclical and structural issues facing employment growth.  (Economist’s View)

Why the world overreacted to the Dubai World news.  (The Big Money)

Some thoughts on whether now is the time to buy a house.  (EconomPic Data)

Megan McArdle talks with Russ Roberts on the debt culture.  (EconTalk)

The established financial media are frittering away their few remaining competitive advantages to the new social media players.  (Aiki14)

A crash is coming…in financial crisis books.  (Infectious Greed)

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