Links

• Have we seen the bottom in natural gas spot prices?
• Deleveraging is history?
• WSJ: "Oil and Gas Boom Lifts U.S. Economy"
• "Allied Irish Banks Significantly Overvalued Versus Bank Of Ireland"
• Looking at the swaption market: "Investors too complacent with the Fed’s pledge?"
• MR: Lottery players "who win large amounts are just as likely to end up bankrupt as people who win small amounts. People who win a large amount, $50,000 to $150,000, have a lower bankruptcy rate immediately after winning but a higher bankruptcy rate a few years later so the 5-year bankruptcy rate for the big winners is no lower than for the small winners."