Unemployment Benefits- hot topic!

Check out the top 20 list from Alexa,

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Hot Topics

• 1. Pinta Island tortoise
• 2. calendar
• 3. Southwest
• 4. Michael Jackson
• 5. free online games

• 6. make money online
• 7. USA Soccer
• 8. unemployment benefits
• 9. MapQuest driving d...
• 10. map

• 11. Samsung
• 12. Jewelry
• 13. Continental Airlines
• 14. BMW
• 15. gold

• 16. iPhone 4 cases
• 17. Knight and Day
• 18. Jeep
• 19. Diego Maradona
• 20. Wimbledon

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When you have young, savy internet users looking up unemployment benefits, it's pretty clear that the so-called "recovery" is just an illusion.

At the same time, you gotta wonder why everybody cares so much about Pinta Island turtles all of sudden...

Brazil facing Greece-like difficulty?

Mentioned at Zero Hedge, Brazil's long dated government bonds (due 2021) have had a failed auction. It's interesting how little news coverage this has gotton.

The Brazilian currency however has fared OK. Perhaps this isn't so big of a deal in the eyes of institutional traders. Given the highly negative correlation of USD/BRL to US stock indices, it does look a bit scary, given the last big volatility hike (late 2008) occured at similar exchange rate.