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Rising home prices show traction in housing recovery Reuters ECB's Pledge to Save Euro Hitting Resistance in Germany Reuters Geithner Urges U.S. Congress, Europe to Spur Growth BL US Consumer Confidence Rises Unexpectedly in July Reuters The Real Crash is dead ahead as 2008 is forgotten Farrell Gold at ECB: Accident or Strategy Merk Wall Street Already Betting On Who Wins in November CNBC Joan Sees Red Outside The Box "Babe Ruth?" Saut Central Bank Unorthodoxy Is Cutting Lending BL Housing: Good Vibrations Sonders Living in a Catch-22 economy MW
UBS Q2 Net Falls 58% on Investment-Banking Loss BL Choosing between Ayn Rand and Warren Buffett Alter Buffett mentor had personal foibles World Herald Time's Up: U.S. Postal Service Has Finally Run Out Of Money DTicker Gold stays put as investors eye Fed meeting Reuters Corn prices hit record as crops shrivel CNN
Temptations of a Peseta default in Spain Pritchard EU Investigates ECB's Draghi Following Complaint Reuters Draghi's Pledge - ECB Divided over Efforts to Save Euro Spiegel Five options for the ECB Elliott Bankers found to have rigged Libor rate could face up to 10 years in jail Telegraph Spain's Economic Arsonists - Political Bankruptcy in Madrid Adds to Woes Spiegel U.K. Consumer Confidence Stalls as Recession Deepens: GfK BL Chinese stock exchanges pave the way for delisting Finance Asia Hong Kong faces used exotic-car glut USAT Japan’s $1.45 Trillion Whale May Crush Yen Bulls Pesek
No Such Thing as Risk? Hussman How Recession Will Change University Financing Shilling An Olympian hurdle Price Deflation Dismissed by Bond Measure Amid QE3 Anticipation BL For all the handwringing over the slowdown in the U.S. economy, the bond market shows there’s less risk of deflation now than before the Federal Reserve’s first two rounds of large-scale debt purchases. QE3 could be voyage to nowhere WSJ No free lunch for Bernanke Keenan Asia readies for QE3 roller coaster MW China's Gift to U.S. Homeowners BW Mad Money Iindianapolis Epstein - Smith - Hudson Exceptionally Fortunate Barron’s Disability Benefit Program Is Going Broke Fiscal Times Kass Tells Barrons His 'Favorite Short For The Next Decade' via Barron’s Wall Street’s Kangaroo Court Gets a Black Eye BL They can’t build homes fast enough here Hoak Vital Signs Chart: Housing Vacancies Falling Big Banks Are Getting Tough With Hedge-Fund Clients CNBC Last week they spoke comforting words... Fabius Maximus
Is gold getting ready for take-off? Brimelow Three of these short spikes were followed by subsequent gains of 25%, 23% and 36%. The exception was the Crash year of 2008... Is Easy Money Eroding Your Wealth? Park 30% in Gold CNBC Drought of Ideas in Congress Is Worse Than in Farm Belt BL Insight: Oil pipeline crunch shifts U.S. shale race from drillbits to valves Reuters US Oil May Retest $100 as 'Stimulus Drums' Beat Louder CNBC
Only Draghi's ECB can avert global calamity before the year is out Pritchard ECB could take haircut on Greek bonds Telegraph “If Greece does not fulfil its obligations there can be no more money. Then Greece would be insolvent.” Regional debt, national problem: Is Spain heading for a full bailout? Open Europe Estimate: Taking Spain off the markets for three years in a Greece-style bailout would cost between €450bn and €650bn - which is both economically and politically impossible... Japan’s Economy Loses Momentum As Deflation Persists IBT German Financial Regulator Elke König 'It's Time to Search for Alternatives' Spiegel RBS facing huge fine over Libor scandal, warns Stephen Hester Telegraph As markets turn bearish on yuan, Beijing becomes the bull Reuters Syria Regime Change Seen With Economy Collapsing BL
Reuters: The Fed's monetary policy statement will come one day before an ECB meeting packed with intrigue... FOMC Preview: Christening QE III NTrust Look for the Fed to embark on a new round of quantitative easing next week... U.S. Inflation Readings Give The Green Light For QE3 Scotia Can ECB and Fed Provide a Sustained Rescue This Time? Harding Sour Apple hints at broader weakness Fleck Geithner to Meet Schaeuble, Draghi in Germany Next Week BL Gambling in the House? Mauldin Monetary Madness Noland Negative Real Interest Rates Argue for New Highs in Gold Puplava The Drop Like a Rock Scenario for U.S. Markets EW Global Views Scotia Global Equity More Rally on Perishable News Swenlin Coming to America: Covered Bonds? FRBNY Gold Futures COT 4 ZEAL
Changed by Wall Street, for Wall Street Morgenson At Least Three Banks Seen Central to Libor Rigging Reuters The Justice Department’s MF Global Scandal Dates to 1932 Weil Bankers Gone Wild Surowiecki Georgia Bank Fails; 2012 Tally at 39 TheStreet http://www.fdic.gov/ China flexes muscle with Cnooc deal for Nexen MW $15.1 billion deal one of many to affect global oil, natural gas SEC freezing assets of Nexen insider traders MW
Draghi Said to Hold Talks With Weidmann on Bond Purchases BL Loan Survey Illustrates a Banking Divide in Europe Norris London Olympics Open With $42.5 Million Party of Music, History BL Going for Gold: How Much Is an Olympic Medal Worth? CNBC Barclays investigated over fees paid to Middle Eastern investors Telegraph S&P cuts outlook on 7 Canadian banks G&M
Dow Rallies Above 13,000 Amid Speculation ECB Will Buy Bonds BL Hackers Linked to China Army Swipe Financial Secrets From EU to D.C. BL The researchers identified 20 victims in all -- many of them organizations with secrets that could give China an edge as it strives to become the world’s largest economy. Barofsky: TARP Was Even Worse Than You Think DTicker Why TrimTabs' CEO is 100% Bearish CNBC Economy in U.S. Grows at 1.5% Rate as Consumer Spending Cools BL Are Fiat Currencies Headed for a Collapse? CNBC Avoiding Another Shutdown WSJ Democrats are setting up Republicans for an autumn ambush Recession ahoy Morici America's fiscal cliff suddenly got steeper Telegraph Lagarde: U.S. Fiscal Cliff is a `Major Concern' BL Video Bullish Sentiment Increases From Multi-Year Lows BeSpoke Money for Nothing Krugman Panzner - Smiith - Mish - Lawson Bankrupt cities? Don't blame unions LAT Stockton and San Bernardino were brought down by the most severe housing busts in the nation... The staggering costs of Bernankeism Bear’s Lair What would Milton Friedman do now? Economist
Barclays sorry for Libor rigging as it reveals FSA probe... Telegraph Fresh investigation Taking the L-I-E Out of Libor BL Scandals May Cost the Banks Their Clout Norris Facebook shares still way overvalued Hulbert Warren Buffett’s winning ways, 50 years on MW Famed investor’s ‘Ground Rules’ from early 1960s hold true Whoever Started This Crisis Isn't in the Room WSJ Chinese Firms Warn EU against Solar Trade War Spiegel
Merkel, Hollande Vow to Do Everything to Defend Euro Reuters $366 Billion Bailout? Draghi Boxes Himself Into a Corner With Bond Signal BL ECB May Take Losses in Second Greek Debt Restructuring Reuters Spanish Jobless Rate at Highest Rate Since 1976 Reuters The World from Berlin - 'Uncomfortable and Bitter Truth' for German Economy Spiegel China mulls shutting near-bankrupt automakers China Daily Mall operator takes bearish view Standard Radiation doses 4 times larger for 'outside workers' at nuclear plants Asahi
Draghi-sparked rally helps S&P break losing streak Reuters The parable of the ox FT (via Google jump) Low Interest Rates Are Not Enough El-Erian Weimar solution beckons as manufacturing crashes in US Fifth District? Pritchard 7 reasons Wall Street bankers’ brains act bizarre Farrell Central Banks Search Toolbox for Ideas as Growth Slows BL Fed Weighs Benefits, Risks of New Stimulus Measures NYT “They repeatedly say that they have additional tools to use, but they haven’t done it. That leads one to believe that they’re not particularly confident in the tools that they have” Bernanke and Draghi's market bondage BSpectator Show Some Real Audacity at the Fed CFR House Passes Ron Paul’s “Audit the Fed” Bill WSJ An Excess of Reserve NTrust Shouldn't We Be Doing the Same? Panzner Reich - EB - Smith The Eye of the Currency Storm: Currency war gives way to currency confusion Triple Crisis New Crop of Foreclosures Coming as Activity Rises CNBC Analysis: Tax haven clampdown yields cash but secrecy still thrives Reuters Seeking Value in a World of Financial Repression Hindesight Once high-flying stocks losing their allure USAT
Hong Kong’s Largest Bullion Vault Signals Region’s Rising Wealth BL Gold price rally sparks selling; buyers shy away Reuters Gold shines on new stimulus hopes MSN CFTC’s Chilton Sees Silver Probe Concluding This Year BL “It has already taken way too long.” A soaring food price fear Business Spectator BMO Commodity Index Continues Slide BMO
Spreading Euro Fire -- Economists Warn on 'Threshold of Catastrophe' Spieg Euro finds niche in carry trade - End of game? Don’t bet on it - Keen Greece to run out of money by August 20 Telegraqph Greek Exit in 2013 Now 90 Percent Probability: Citi CNBC Mobious on Spanish Bond Yields - Saft - Egan-Jones cuts Italy George Osborne reeling as economy enters the disaster zone Elliott China's FDI in US on track for record China Daily Government Plan Pledges Cooperation With BOJ to Combat Deflation BL China weakness hits German chemical giant BASF AP TSE probe finds 'questionable stock deals' Yomiuri
Wall Street Legend Sandy Weill: Break Up the Big Banks CNBC Geithner Warns Congress of Risks to US Economy Reuters Sales of New U.S. Homes Unexpectedly Fall BL Ron Paul's audit-the-Fed bill due for House vote MW Europe 'is sleepwalking towards imminent disaster' Pritchard Global economy’s cure is worse than the disease Das Commentary: Take two aspirin and call Bernanke in the morning Is the 50-year financial storm on the horizon? Harrison Global Rebalancing: Now or Never Roach Expensive homes and food stamps Dr. HB Housing Recovery And Related Assets BCAR Foreign investment in U.S. land on the rise USAT The $12 trillion misunderstanding: Whose budget blunder? Samuelson Nygren Commentary On The Oakmark Select Funds via GuruFocus Greenlight A contrarian handicaps the election Hulbert
For Apple, a rare miss Fortune DuPont misses - UPS doesn't deliver Bloodied Trader Pines for Risk as Wall Street Retreats BL Bair: Don't Just Punish The Banks; Punish The Bankers, Too Forbes Any Seasonality for Oil Prices? CXO Sharp plans to slash thousands of jobs Yomiuri Best Fix for Postal Service Is to Take It Private Orszag
Germany Is No Longer a Safe Haven BL Who will hold the Troika to account for asphyxiating Greece? Pritchard Draghi has just weeks to save the euro, but will Germany let him? Warner UniCredit: “The day a Spanish bank can put a big fat sign in its window that says ’regulated by the ECB,’ the risk of deposit flight declines” Relentless Pressure Pushes Spain Closer to Bailout Reuters Moody's Cuts Outlook on EU Bailout Fund to 'Negative' Reuters "The change in the outlook of the EFSF reflects the now negative rating outlooks on all but one of its Aaa guarantors - namely Finland” 'Reckless' And 'Unprofessional' - German Minister Criticized for Greece Comments Spiegel IMF Says China Downside Risks Significant BL Ministry: Japan's labor force could drop by 9.5 million by 2030 Asahi
Euro Area Ready to Act, Frieden Says BL Greece Will Need More Debt Restructuring: EU Officials Reuters Quarterly Review and Outlook - 2Q12 Hoisington Investors in Treasurys 'Will See a Haircut': Gross CNBC “Never Lost?!” Saut Broke bank mountain Price Jim Rogers Hits Out at Hendry, Edwards on China CNBC Bubbles without Markets Shiller A speculative bubble is a social epidemic whose contagion is mediated by price movements. Get ready for more days like Monday Hulbert More Than $1T for 5th Straight Fiscal Year CNS Water is the new gold, a big commodity bet Farrell We Have Entered the World of Disaster Economics Tett Are Home Prices (Finally) at Bottom, or in a New Bubble? CNBC New Tools? Schwab Bond Insights Sprott - Salmon - Forbes - EB - Panzner - Macroblog Economic Indicators Review NB Financial Consumer debt seen rising - again MW Club Med and the Sun Belt: Lessons from adjustment within a monetary union VOX
As China costs rise, technology lures U.S. factories home Reuters The Economy Is Slowing, but Perhaps Not for Long Stelzer A Closer Look at Middle-Class Decline Leonhardt Tricks, Traps, and Accountability Warren Madrick on How Wall Street Won and America Lost RStone ‘Too big to fail’ grows NYP Toshiba to cut memory chip production by 30 percent Reuters
Panic selling of shares in Spain as country's bond yields go above 7.5% Guardian Social Media Panic in Italy: "Enough of this Agony; Give Us Back the Lira" Mish HSBC China flash PMI at 5-mth peak on output bounce Reuters Property sector puts soft landing at risk Shanghai Daily Greek recession seen deeper than 7 percent this year: PM Reuters It's the biggest threat to Spain's democracy since Franco's day DMail Italy, Spain and the war on short-selling Saft UK borrowing costs at all-time low as investors seek 'safe haven' Independent China's CNOOC offers a record $15.1 billion for Canada's Nexen Finance Asia Gold buyers at risk of being underinsured Telegraph Now Syria raises the spectre of chemical weapons Inde
Germany, Netherlands Outlooks Cut by Moody’s BL Wall Street Drops as Spain Fears Spark Selling Reuters Cisco Set to Cut About 1,300 Workers Reuters Wealthy Stash $21 Trillion in “Pirate Banking” System CNBC Extraordinary Strains Hussman “Financial Expressionism” Gundlach More Easing Needed to Tackle Unemployment: Fed Official FT Dismal bond yields likely to plunge further G&M “At every step of the way down in yields and up in price, the consensus has been: ‘Okay, it can’t last, yields can’t go any lower” Can't buy stocks, can't sell 'em Fleck The U.S. contraction watch list MW The Long-Term Argument for Dow 20,000 NYT Record low 15-year mortgages gain appeal Hoak
Poor Sales Masked by Good Earnings Forecasts BL Sales rose an average 2.9 percent in the second quarter among 119 members of the Standard & Poor’s 500 Index that have reported results so far, the weakest since... US Earnings Show Recession 'Fast Approaching' CNBC Goldman Becomes the Scapegoat in Deal Gone Bad Cohan Hedge Fund Places Faith in Euro Zone NYT NY Fed asked for more on Libor MW
Spanish victim blamed as Europe spirals into crisis Pritchard Spanish Bonds: Is Now the Time to Go Long? CNBC Japan Sees More “Widespread” Global Slowdown BL Wen warns of 'complicated, grim' job situation China Daily Pressure mounts on government to reduce the corporate tax rate Shanghai Daily The breadth of the declines raises the urgency for Premier Wen Jiabao to move beyond boosting investment and monetary stimulus... Blood and Money A Hedge Fund Manager's Crusade against Putin Spiegel Lloyds in further loan sale turmoil Telegraph |