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Takeaway: A quick look at stories on Hedgeye's radar screen.

Keith McCullough – CEO

Japan Says China Using Force to Try to Change Status Quo (via Bloomberg)

Fed Says a Few Dealers Report Deterioration in MBS Market (via Bloomberg)

Groups gather in Turkish protest park after night of clashes (via BBC)

Morning Reads on Our Radar Screen - earth2

Howard Penney – Restaurants

High beef prices 'threaten consumer appetite' (via FARMINGUK)

@DunkinDonuts declared war on @Starbucks with an aggressive t-shirt. (click here to see pic)

101M Get Food Aid from Federal Gov’t; Outnumber Full-Time Private Sector Workers (via CNS News)

Daryl Jones – Macro

German Exports Decline Significantly and "Unexpectedly" (via Mish’s)

Michael Blum – President

CNBC Viewership Collapse Continues; Cramer, Kudlow Audience At Record Lows (via Zero Hedge)

Josh Steiner – Financials

FDIC to Tighten Screws on Banks, Require 5% Leverage (via CNBC)

BAC - #RoundTwo $8.5bn settlement hearing resumes after 3-week hiatus. (via CharlotteObserver)

Jonathan Casteleyn – Financials

NYSE Euronext to Take Over Administration of Libor From BBA (via Bloomberg)

Brian McGough – Retail

Wolverine World Wide (WWW) Keeps Shoe Sector A Step Ahead (via IBD)