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

Keith McCullough – CEO

Live, From Congress, It's "Delivering Beta" With Ben Bernanke (via Zero Hedge)

China Won’t Have Large Stimulus This Year, Finance Minister Says (via Bloomberg … KM note: Hedgeye's call, precisely)

Barclays, Traders Fined $487.9 Million by U.S. Regulator (via Bloomberg … KM note: What's 1/2 a billion, amongst #OldWall friends?)

Seized N Korean ship: Cuban weapons on board (via BBC)

Olbermann Will Return To ESPN (via New York Times)

Morning Reads on Our Radar Screen - bbo

Christian Drake – Macro

Bernanke: Bond-Buying Plans Not 'A Preset Course' (via WSJ)

Todd Jordan – Gaming

Bally Sees Winning Hand In $1.3 Bil SHFL Buyout (via IBD)

Tom Tobin – Healthcare

Health Plan Cost for New Yorkers Set to Fall 50% (via New York Times)

Man battles health insurer for drug that could save his life (via Today Show)

Howard Penney – Restaurants

Janney Montgomery Scott Slashes Rating, Target on McDonald’s (via Dividend.com)

McDonald’s and Visa Conjure Fantasy Budget for Low-Wage Employees (via Daily Beast)

Teenager Wears Dirty Trousers as Late British Open Qualifier (via Bloomberg)

 

Kevin Kaiser – Energy

Linn Energy (LINE) and LinnCo (LNCO) upgraded to Buy at Goldman Sachs (via Business Insider … KK note: We reiterate Sell.)

Josh Steiner – Financials

BofA Beats Estimates as Profit Rises 63% on Expense Controls (via Bloomberg)

Housing starts fall to ten-month low (via Reuters)

Matt Hedrick – Macro

'Romanian gypsy ghettos. Schools filled with children who do not speak our language. A surge in crime. Social benefits abused': Now GERMANY admits mass immigration threatens 'social peace' (via Daily Mail)