GS

Danny Furman submits:

Watching international markets has not been the most relevant thing to do for US investors in the last year. The Shanghai Composite Index peaked in the summer of 2009 and has steadily sold off about 30% since. Hong Kong's Hang Seng Index peaked in October and has bounced around, ultimately grinding lower, since. Brazil's Bovespa, Japan's Nikkei, India and European markets have moved with the US market, pulling back in early 2010 after a hardly interupted trip to the moon in 2009, followed by highs in April and a euro-induced sell off in May.

Macro Man submits:

Well, well, well. When the Macro Man's away, the markets will play! Your author is back in front of screens this morning for the first time in a week and a half, though had his flight been scheduled a day later last week he'd still be stranded on the west side of the Atlantic. You know it's been interesting when a volcano shutting down all air traffic in Europe for more than half a week is pretty far down on the list of things to talk about.

Dian L. Chu submits:

Gold fell the most in two months as the SEC’s action against Goldman Sachs (GS) spurred investors rushing out of riskier commodities and into perceived safer assets such as the U.S. dollar. Futures for June delivery slid 2% in one day to $1,136.90 an ounce.

Paulson Linked to Goldman’s Case

Shaun Rein of the China Market Research Group submits:

This column originally appeared in Forbes