This week from the @valeofinancial Twitter feed

Investing

• How rare is a negative 10 year average annual equity return? U.S. Equity Performance since 1871. Valeo

Economy

• U.S., other nations to release 60 million barrels of oil to offset disruption in oil supply caused by Mideast unrest New York Times
• Initial claims for unemployment rise to 429,000 from 420,000 St. Louis Federal Reserve
• U.S. Economy Grew 1.9% in First Quarter, Above Prior Estimate of 1.8% Bloomberg

Housing Market

• How to Tell if Your Housing Market Has Hit Bottom Yahoo! Finance
• Endless Bummer: 31% of existing home sales in May were distressed — exactly the same as May of 2010 Planet Money
• ‘Shadow Inventory’ Shrinks as Foreclosed Homes Sell Bloomberg

Federal Reserve

• Next Jackson Hole in August will likely hint at QE3 / interest rate caps – from PIMCO
• Chart: The Fed’s serially disappointing economic forecasts The Economist
• Fed to Maintain Stimulus After Ending Treasury Purchases Bloomberg

Greece

• Is this Europe’s ‘Lehman Moment’? Not according to the TED spread Planet Money
• Greece: Papandreou cabinet faces confidence vote, 1st of 3 tests Greek gov’t must pass to avert debt default Reuters
• Greek Government Survives Confidence Vote – from New York Times

Other

• The Scariest Boring Phrase In Finance: Now Even Scarier Planet Money
• China is (probably) buying fewer U.S. Treasuries FT Alphaville
• What is a nonbank? The Consumer Financial Protection Bureau explains. Chicago Federal Reserve