Afternoon Link-a-palooza.

PIMCO on the state of asset allocation and strategy.

http://europe.pimco.com/EN/Insights/Pages/Rethinking-Asset-Allocation.aspx

Bubbles are Efficient? The theory would seem to the course of history

http://esoltas.blogspot.com/2012/07/theory-of-efficient-bubbles.html

Investors world-wide are looking for more stimulus

http://www.beaumontenterprise.com/news/article/US-China-stimulus-hopes-give-markets-a-lift-3711961.php

The NAHB Housing Confidence Index at its highest level since 2002. have you seen the stocks for homebuilders?

http://www.reuters.com/article/2012/07/17/us-usa-economy-housing-nahb-idUSBRE86G0MR20120717

Cantor Fitz is building its equity business. Now opening a Japanese office.

http://online.wsj.com/article/SB10001424052702303612804577532791541346090.html?mod=rss_world_markets

The demise of the commodity supercycle is greatly exaggerated.

http://www.ft.com/intl/cms/s/0/ba9b6d96-cb3d-11e1-916f-00144feabdc0.html?ftcamp=published_links%2Frss%2Fmarkets_commodities%2Ffeed%2F%2Fproduct#axzz20tmwZIJ9

Google is not a technology company

http://techcrunch.com/2012/07/17/peter-thiel-eric-schmidt/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Techcrunch+%28TechCrunch%29&utm_content=Google+Reader

Cognitive Dissonance- Jeffrey Saut's take on why the crowd is wrong.

http://freepdfhosting.com/833f7658aa.pdf

Something brewing in the Muni market? Requires login.

http://online.wsj.com/article/SB10001424052702303612804577532931228391856.html?mod=rss_Heard_on_the_Street

Is borrowing from your 401K becoming the new MEW?

http://www.latimes.com/business/la-fi-401k-default-20120717,0,4038902.story?track=rss&cid=dlvr.it&dlvrit=52116