Economy:
Are we at the beginning of a 25-year recession? – The Week
A Financial Crisis Needn’t Be a Noose – New York Times
Snap analysis: Fed sees downside risks, over and yonder – Reuters
U.S. Retail Sales Rose at Slower Pace in November: Economy – SFGate
Unemployment claims at lowest in 3 1/2 years – SFGate
Markets:
Inflation Conspiracy Theories – New York Times (Krugman)
Wall Street Confounded as Volatility Extends Record Stretch – Bloomberg
France’s AAA Outlook Cut; Fitch Reviews Others – Bloomberg
Global markets cautious over economic gloom – Businessweek
China’s yuan jumps on signs of c.bank intervention – Reuters
Politics:
North Korean leader Kim Jong Il dead at age 69 – Associated Press
Obama aide: Republicans playing politics on taxes – Reuters
The politics of the top 0.01 percent – Washington Post
Banks:
The Size of the Bank Bailout: $29 Trillion – CNBC
Europe Crisis Drags On, Raising Concerns About U.S. Banks – Huffington Post
Morgan Stanley to Cut 1,600 Jobs – Wall Street Journal