The longer the rally persists, the more dangerous it becomes.

Chris Weber: don’t bet your retirement on stocks right now DailyWealth

Porter Stansberry explains the forces behind the current rally The Daily Crux

America is running out of rope The Market Ticker

The world financial system’s Achilles’ heel The Daily Reckoning

Roubini on a U shaped recovery Naked Capitalism

Larry Flynt calls for a national strike The Huffington Post

Look for an X shaped recovery Real Clear Markets

The risk of double dip recession rising Financial Times

What the stress tests didn’t predict NYT

I was talking to a friend of mine, Richard, last night… about the economy, the thrilling life I lead, eh? “They should just hike rates and be done with it. Jack them up to a crippling level,” he said, emphasising the word ‘crippling’. “Start the recession, so we can get it over with, quicksticks!”