On Monday, we warned that the latest excitement over the strong market rally is reason to be cautious, a time to favor fear over greed.

Bloomberg reports that master trader, Paul Tudor Jones is in the same camp. Jones, who runs a $10 billion hedge fund, calls this a “bear market rally” and believes the equity markets are setting up for a decline. Jones says: Read the full story

Making money in investments requires backbone. We call it risk taking. If you are willing to take an acceptable level of risk, you can usually make money.

If you think you can somehow magically invest without risk you are banking, not investing. Read the full story

I knew something was up when Citigroup shares were hovering just over penny stock territory and the media began to report on a “leaked” internal memo from the company’s CEO. In the memo, Vikram Pandit praised his staff and made the surprise announcement that the company was profitable in January and February. “We are having our best quarter-to-date performance since the third quarter of 2007,” he wrote. Read the full story

The revelation of the week in the mainstream press was the 11 people who got million dollar retention bonuses from AIG and no longer work for the company.

But the revelation of the week among financial bloggers belongs to the King of Bears, Dr. Roubini, an economist at New York University. He’s also known as Dr. Doom. Read the full story