Links: 2009-04-25

• Markets Cheer Stress Test Double Speak – Yves Smith

  I think the title speaks for itself.

• Auctions for Troubled Property Loans Jump to the Web – NY Times

  Perhaps this additional channel for the loans will help clear the underlying housing inventory.  Interesting development in any event.  Not for the faint of heart.

• Funds try to spot the great oil rebound – Ambrose Pritchard-Evans

  Hat tip Gregor Macdonald. “Oil is too cheap. At around $50 a barrel, it is trading far below the production costs of almost all new sources of crude and energy substitutes. “

• The Restructuring of Global Oil Demand – Gregor Macdonald

  Gregor has very good oil industry analyses. This one is interesting too.

• David Wessel Details Scenarios for the Economy’s Path Post-Recession – WSJ.com

  This says a V-shape’s odds are 15%. I’d call it a U.

• Help FT Alphaville win a webby

  They do excellent work and deserve the recognition.

• Carney blames U.S. for slow recovery

  Bank of Canada head is basically blaming Obama’s people for exacerbating recession

• Shiller’s Housing Chart Is “Bogus,” Says Competitor

  Why? Because professor Robert Shiller had to use multiple data sources when compiling it.

• Just One of the Guys – EconomPic Data

  The NFL draft is coming and Matt Stafford has already signed as the No. 1 pick. He is making $72 million over six years with the terrible Detroit Lions. This is crazy.

• FT.com – Global Insight: When boring becomes a virtue – Gillian Tett

  The most notable feature of the past month lies not in terms of what has occurred but rather in what has not occurred.

• Brad Setser: Follow the Money – “Not quite so SAFE”: This week’s Economics Focus column

  A gradual move away from utual dependency is in the est interests of all.

• Soaring U.S. Budget Deficit Will Mean Billions in Bond Sales – Bloomberg.com

  Despite quantitative easing, this means a lot of treasuries for investors to deal with. The Fed will have to take this onitself, basically taking on a quasi-fiscal role. Hat tip Scott.

Technology

• Review of the Research in Motion Blackberry Bold Smart Phone – PC World

  I’m thinking about getting this phone. Anyone have comments on how good it is? “The BlackBerry Bold sports a revamped design and interface, but it falls short in other areas.”

• PC Pro: Product Reviews: Avira Premium Security Suite 9

  “Avira Premium Security Suite 9.0 only builds on its predecessor’s many strengths – while the price remains just as appealing. In all, it’s a convincing defence of Avira’s A-List crown”

• Never Download a PPT or TIFF Again With Gmail’s Updated Viewer – Mashable

Spanish Links

• México supera a España como mayor economía de un país de habla hispana

  Mexico surpasses Spain as the largest Spanish-speaking economy as Spain enters depression.

German links

• Bund will 90 Prozent: Hypo Real Estate: Showdown am 2. Juni – FAZ.NET
• „Entsetzt über den Linksrutsch der CDU“ – FAZ
• Fiat und Opel: Die zweite Mauer – SDZ

Blogs I now read

• IBEX Salad This is a good finance blog for those interested in the goings on in Spain. It is in English.