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WEEKEND READING – UPDATED

The Shadow Banking System That Operating In Broad Daylight, The Atlantic

Here Come Higher Interest Rates, Fortune

Why The Fed Isn’t Igniting Inflation, BW

Will The Green Shoots Wither? Fleckenstein

The Pause Before The Storm? Barrons

The Rally’s Future Depends on Earnings, MarketWatch

The Lesssons of 1937, The Economist

Some Real 4th of July Fireworks Courtesy of Kim Jong Il? Daily Mail

After All, Kim Jong Il Isn’t Just a “petty arms dealer”:

The Weakest Recovery, Morgan Stanley

5 Reasons to Avoid the Gold Rush, Contrarian Edge

Earnings Unease May Keep Stocks In Check, Barrons

Managed Futures Are In Vogue, WSJ (Click Here for more on Managed Futures)

Searching For A Housing Bottom, Fortune

Why Obama’s Big Economic Gamble is Failing, Reuters

Is the Real Economy Recovering? TPC

Inflation Is Bad For Your Portfolio, Fortune

False Signs of An Economic Rebound, Smart Money

A Must Watch From PBS: Frontline, Breaking the Bank

Stimulus Doesn’t Stimulate, Forbes

The Confounding Commercial Paper Decline, TPC

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