The Financial Index is Daily Capital’s roundup of our Editor’s Picks for the day — featured trends and market analysis from around the Web.
Abnormal Returns: Up-and-coming basketball star Jeremy Lin was passed over and kicked off of other teams before being discovered by the Knicks, where he is becoming a star. Choosing high-performing stocks can be a similar crapshoot, so how do we find good talent?
The Street: When it comes to predicting what the Fed will do next, you have to read between the lines, and with the economy getting stronger it’s looking as though additional stimulus won’t be coming from the Fed.
Motley Fool: While we are in a “debt hangover,” things are getting better domestically. Abroad, many countries teeter on the edge of their own economic disasters. We are walking a fine line; what could happen this year if we fall to either side of it?
Big Picture: Apple’s earnings continue to exceed expectations, but in context of the current market, their bullish numbers are throwing off indices and earnings data.
Image used under Creative Commons from Flickr user nikk_la