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from Photographers' Blog:

In the face of tear gas

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Istanbul, Turkey

By Osman Orsal

I am always prepared for these kind of protests before I arrive.

I wear shirts that cover my arms and of course I carry a gas mask. After all, during protests I can safely predict through my experience when police will use tear gas.

So, I took a secure, good position for shooting images. After taking 3-4 photos it is hard for everyone (even if you have a gas mask) to continue taking pictures because of the tear gas. I followed exactly this procedure with this protest.

After the demonstration was over I saw other people affected by tear gas pouring fresh lemon in their eyes. It is believed to be a kind of a healer after tear gas. But I couldn't see this woman around. She probably went somewhere to wash her face and refresh herself for the next battle. The protesters said they wouldn't let destruction crews cut down the trees.

from Expert Zone:

India Markets Weekahead – Opportunity for those who missed out rally

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(Any opinions expressed here are those of the author, and not necessarily of Thomson Reuters)

It was a second straight week of losses of 1.59 percent with the Nifty closing at 5,903. As discussed in this column a fortnight back, we are in a phase which would tire out the participants and change the mood to a negative consensus on the street.

from MacroScope:

Stocks rally not sustainable: Prudential

Want the recent rally in stocks to last? Don’t count on it, says John Praveen of Prudential Financial. The Dow Jones industrial average is up over 20 percent since September, and has gained 7 percent since the start of the year. But Praveen sees too many headwinds for the boom to continue.

The pace of gains thus far in 2012 is likely to be unsustainable and volatility is likely to remain high as several downside risks remain. These include:

from Global Investing:

Calling CCCs

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Junk bonds have enjoyed a rally since the start of the year but investors are facing a dilemma.

Should you buy larger, more liquid bonds that have already risen significantly, or buy smaller, illiquid bonds that have an attractive price?

from Oddly Enough Blog:

Sanity: you just know it when you see it

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rally kittens top 490

Blog Guy, you live in Washington DC, right? Are you going to that big Rally to Restore Sanity today?

You bet. I know lots of folks who are going.

jaws shark 220But are you, as a respected humor blogger, allowed to take a political stand like that?

from Breakingviews:

Stock market rally celebrates bittersweet birthday

Birthdays are a good time to look back. The first anniversary of the global stock market rally -- the lows were hit on March 9, 2009 -- certainly brings back memories. It's easy to see why the MSCI World Index  is 71 percent higher now than then.

Then there was a steep recession, now there is GDP growth. Then it was realistic to worry about such horrors as rapid deflation, serial banking crises and a competitive protectionism. All of those menaces have now receded. And stock market investors can be cheered to see companies sufficiently in control of their short-term destiny for most of them to meet or beat analyst expectations of reported profits.

from The Great Debate (India):

Bubble trouble for the Sensex?

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(Nipun Mehta is Executive Director & Head - India, SG Private Banking. The views expressed here are his own)

Nipun MehtaAt a Sensex level of around 17,000, are the Indian equity markets looking at the face of a possible bubble in the offing? Terrifying words, probably unjustified for a market which is still 20 percent lower than its all time peak touched in Jan 2008. Let's look at it from different perspectives.

from Global Investing:

“Normal” volatility to help rally?

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As the graphic above shows, volatility in U.S. stocks has re-entered what could be called normal territory after soaring higher during the financial crisis. The blue band is plus or minus one standard deviation around the 1990 to 2007 avverage.

There may be an implication for equities beyond the obvious sign that things are calming down. Lower volatility is a buy signal in many trading models.

from Funds Hub:

Bearish Bullman

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Stocks may have enjoyed a huge rebound this year (the S&P 500 is up 50 pct from its March low), but the rally is based on speculation, according to one hedge fund firm.

rtr1s6hiBullman Investment Management, which runs a global macro fund, has just put on short positions on the S&P and the financials sector via ETFs, manager Nick Bullman told me.

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