Hot Links: First Casualties

Stuff I’m Reading this Morning…

Markt Hulbert: Once again, there are divergences everywhere in the tape we should be watching.  (MarketWatch)

First casualties of the refinance slump as rates have risen: Wells Fargo eliminates 2300 mortgage jobs.  (Bloomberg)

Neil Irwin on the small, tight-knit Democratic economics establishment.  (WaPo)

Hedge funds vs the S&P 500 this year is LOLzy.  (WSJ)

Here’s how that overnight reverse repo facility the Fed Minutes discussed would actually work.  (SoberLook)

Are half the jobs in America and Europe bullshit jobs?  (TheEconomist)

Slideshow: Forbes names 2013’s highest paid supermodels.  (PerezHilton)

Don’t miss The Takeaway, my daily linkfest for financial advisors (InvestmentNews)