Personal finance from around the Web: Turns out you don’t have to actually exist in order to have a pre-existing condition. An insurance company has denied coverage for a newborn with a birth defect because of a pre-existing condition. [Star-Telegram] The American consumer is apparently more resilient than thought. Spending has been on the rise since the second half of last year, and shoppers will likely keep shelling out through the end of the year. [TheStreet.com] Experts such as fixed-income king Bill Gross think the glory days of bonds may have passed, but investors keep pushing their money into bond funds. [Bloomberg] Private equity firms are increasingly going public, but investors should be wary. Here are five reasons people shouldn’t jump into private equity. [The Wall Street Journal] One financial benefit of being unemployed: You may be able to shift money from a conventional IRA to a Roth IRA without taking a major tax hit. [Wise Bread] Follow MONEY on Twitter at http://twitter.com/money.