Hot Links: Panic Expected, Not Needed

Stuff I’m Reading this Morning…

iShares’ Russ Koesterich: Don’t expect smooth sailing in Q2.  (iSharesETFs)

“Spanish, Italian and Portuguese banks are loading up on bonds issued by their own governments, a move that shifts more of the risk of sovereign default to European taxpayers from private creditors.”  Hilarious.  (Bloomberg)

Berkshire in the wake of Buffett’s cancer announcement: Panic Expected, Not Needed.  (Reuters)

The Year of the Surrogate in American politics.  (Politico)

Scott Minerd (Guggenheim Partners): Welcome to the Bear Market for Bonds.  (Fortune)

Jim Bianco says lighten up on stocks, some other moves we should make.  (MarketWatch)

Brooklyn Decker: The GQ Photo Shoot, May 2012 issue.  (GQ)

You’ll be relieved to hear that Aubrey is still running Chesapeake like his own personal bank.  (Reuters)

Top 25 Traders on Twitter.  (OptionsTradingIQ)

Tennessee wants to ban teenage handholding.  (TheWeek)

Don’t miss my daily linkfest for financial advisors this morning!  (WSJFA)