Hot Links: When Irish Spreads Are Widening

Stuff I’m Reading this Morning…

Look Out!  Goldman:  “The market value of emerging-market stocks may surge more than fivefold to $80 trillion in two decades, overtaking developed nations.”  (Bloomberg)

All hell breaks loose on the Emerald Isle overnight as Irish credit default swaps are blown out.  (WSJMarketBeat)

Your up-to-date guide to the Risk Off/Eurocrash and its implications for investment.  (MercenaryTrader)

The big debate: Is housing a staple item like food and clothing or more of a luxury?  (NYT)

Dividends are what’s poppin’ right now in the hood, they’ve made your year so far.  (CrossingWallStreet )

Felix on the absurdity of the Hewlett Packard/Oracle/Mark Hurd drama.  (Reuters)

The creator of one The Shield is back with a new show this fall.  (DailyBeast)

The truth is, under President Reagan government spending was above average and tax rates were not lower but in-line with the 40 year average.  (CNNMoney)

What was that Erin Burnett/Michael Pento dust-up all about yesterday?  (ZeroHedge)

No wonder none of us can think straight anymore – look at what journalism has done to the language!  (SimoleonSense)

Psst – Wanna see a goldfish that weighs as much as a 3-year-old?  (Gawker)