Stuff I'm Reading this Morning...

US dollar jumps overnight, Asian and European stocks recover as Fed Week gets underway... (Reuters)

Hlsenrath tells us to pay attention to the Fed's economic outlook report, not just the FOMC's press release, for clues. (BusinessInsider)

"A couple months from now we will look back at this Yen carry concern as completely idiotic." (DynamicHedge)

70% of economists now expect a reduced QE by year-end, a big jump in expectations since May. (USAToday)

Economic blog nerds choose their sides, fiscalist or monetarist. A guide to who's who. (FTAlphaville)

New interview with the world's most important financial blogger, Tadas Viskanta of Abnormal Returns. (SeeItMarket)

Is this the end of the secular bear market? Or just an interlude? (BusinessInsider)

The three worst predictions of the last five years. (PragCap)

Stanley Druckenmiller: Here's what's going to happen to China. (ZeroHedge)

Speaking of China, the St Louis Fed is freaked out about the housing bubble there. (StLouisFed)

Stuff I'm Reading this Morning...

David Weidner: 3 ways to save the rally. (MarketWatch)

Is Main Street ready for quant trading strategies? (Fortune)

The top ten stocks of the "ultimate" stockpickers. (Morningstar)

The Vix is now in the building - get used to it. (RiskReversal)

Obama dropped a hint last night that Bernanke has stayed longer than he (Bern.) wanted. (Bloomberg)

Stuff I'm Reading this Morning...

Preview of huge FED statements today. (BusinessInsider)

Vincent Reinhart: There's A Fundamental Flaw In The Message The Fed Is Trying To Send. (BusinessInsider)

Inflation at 53 year low, Bernanke has all kinds of time. (Bloomberg)

"What's your outlook on the markets and economy?" by Barry Ritholtz (TBP)

What's different about this era than prior ones is the makeup of the economy - knowledge over material. (FTAlphaville)

Ron Paul: Gold could go to infinity (CNBC)

There's more to the rally than just Fed interference. Earnings and jobs have grown quite a bit as well. (MoneyBeat)

Barclay CTA Index down 1.31 per cent in May (Hedgeweek)

Target-date funds are now a half a trillion dollar business says Brightscope. (Reuters)

Your last remaining edge on Wall Street. (MotleyFool)

Stuff I'm Reading this Morning after the worst trading day of the year...

Four Charts to Track Timing for QE3 Tapering (CalculatedRisk)

Markets are now pricing in a new era of "Monetary Austerity" (MacroMan)

The market takes your trendline charts and wipes its waste on them. (PriceActionLab)

Look how the FOMC's statement blew shotgun holes through every market in the world this week. (NYT)

Tyler Cowen on the Chinese credit crunch we should be paying more attention to. (MarginalRevolution)

Yesterday's massive rout caused all kinds of dislocations and gaping discounts in the ETF market. (FT)

John Hempton: How to manage financial product salesmen. (BronteCapital)

Summer reading list as recommended by your favorite finance bloggers. (AbnormalReturns)

Jonathan Weil: Who should we believe in the BofA foreclosure outrage? The Bank or its employees? (Bloomberg)

Marijuana crops are killing off other vegetation and wildlife in California. (NYT)

Stuff I'm reading this Afternoon...

Gold is crashing again. (BusinessInsider)

The Fed is a tiny bit worried about the recent yield spike they totally didn't mean to cause. (Washington Post)

Gundlach's been using the massive sell-off in fixed income to go shopping for agency mortgage-backed as many other investors rushed for the exits. (MoneyBeat)

Morningstar's economic outlook for the rest of 2013. (Morningstar)

There's a rising rate ETF in the works right now. Of course there is. (ETF Trends)

Affluent investor confidence holds at 12 month high for three straight months. (Millionaire Corner)

Has Schwab finally cracked the 401(k) code for ETFs? (Index Universe)

RBC ate the rest of Wall Street's lunch by restraining its traders. (DealBook)

Barry Ritholtz interview - advice for advisers. (FA Magazine)

These are the most worrisome issues for advisers right now. (Financial Planning)

Stuff I'm Reading this Morning...

Who Goes to Cash Shows Extent Bonds Will Become Bear Market. (Bloomberg)

Welcome to Year Five of Recovery. (RealTimeEconomics)

As Beijing deliberately slows things down, how much of an economic drag will that be on the rest of earth? (MoneyBeat)

Ritholtz on counter-trend rallies and the prospects for a gold bounce here. (TBP)

How a poorly-timed investment in gold as a "storehouse of wealth" can ruin you. (JoeTaxpayer)

Sarge: "The sudden darling this morning is Europe, particularly the most troubled nations in Europe." (MacroRecon)

The gold-denominated version of David Eimhorn's Greenlight Capital hedge fund is a debacle. (Reuters)

Whoa - did Citibank just freeze cash transfers at its Chinese branches? Gordon Chang says yes. (Forbes)

Central and Eastern Europe beginning to emerge amid continent-wide gloom. (Reuters)

This one escaped my attention 'till now:

Will the United States be the top oil producer in 2013?

Yes, according to British oil giant BP (BP -0.02%). The company's Energy Outlook for 2030 report projects that the U.S. will move past Saudi Arabia and Russia this year in terms of energy liquids production. That's crude oil and biofuels. And the U.S. is likely to hold on to that position for 10 years until 2023.

The reason for the production gains is the emergence of "tight oil," which is how the industry terms what's coming from shale deposits such as the Bakken shale in North Dakota and Montana as well as in Texas and Louisiana.

Stuff I'm Reading this Afternoon...

Stocks hitting record highs day after day, if only anyone owned them. (Barron's)

5 tips on doing better index investing. (Rick Ferri)

Twelve investing lessons from Daniel Kahneman. (25iq)

Hedge fund investors withdrew an estimated $10.1 billion from the investment vehicles last month (Focus On Funds)

The average age of a financial advisor is 50 - and they're retiring at an alarming rate. (TIME)

The problem of small accounts for an RIA. (Aleph Blog)

Ultra-high net worth families surveyed plan to buy a lot more stocks. (Think Advisor)

Morgan Stanley wealth management unit posts a massive surge in profit, revenue growth. (WealthManagement)

BlackRock also reported a massive 30% jump in profits as investor cash continues pouring into its funds. (Bloomberg)

The city of Detroit is about to file for the biggest bankruptcy of all time. (Business Insider)