Sunday Readin' Articles

NYT: Do Cellphones Cause Brain Cancer?

In The Plex: How Google Thinks, Works, and Shapes Our Lives

The Greek sovereign credit curve is inverted with the 2-year now yielding around 18 percent and the 10-year with a 13 percent handle the last time we checked. The inversion is usually a signal of default as investors/traders start worrying more about absolute price of the bond and potential downside rather than yield.

WSJ: "I'm not sure anymore that we even have blue chips," Mr. Silverblatt says. "I still want to believe, but maybe we all were wrong to believe that blue chips ever existed."

The bull ratio for the Investors Intelligence survey suggests a very high likelihood of a correction.

Economist: Foreign banks' exposures to Greek, Ireland, Portugal debt. This is why the can keeps getting kicked. If it was possible to solve this, it would have been solved already. Instead, this is a 2008-style denial of reality that is going to blow up. That is why you want to be long volatility.

WSJ: What happens to option contracts when the underlying stock is halted. This would be a nightmare. A good reason that markets should rarely be halted.

Oil companies are developing a set of portable capabilities that can be rapidly deployed to any offshore accident site.