Economy:
Economy Avoids Recession Relapse as Data Can’t Get Much Worse – Bloomberg
81% rate U.S. economy as ‘poor’ – CNN Money
Why 100,000 jobs a month won’t lower unemployment rate – CS Monitor
Markets:
Housing Woes Bring a New Cry: Let the Market Fall – NY Times
Analysis: VIX fear gauge leaves Wall Street rudderless – Reuters
Analysis: M&A/credit binge vs double-dip fear – Reuters
Politics:
Obama Unveils Plan to Spend $50 Billion on Infrastructure – CNBC
Bernanke Out of Bullets, But Not Bombs – Business Insider
Banks
JPMorgan Said to End Proprietary Trading to Meet Volcker Rule – Bloomberg
FDIC Q2 Banking Profile: 829 Problem Banks – Calculated Risk