Economy:
Household income is below recession levels, report says – Washington Post
Why the Gold Standard Is the World’s Worst Economic Idea, in 2 Charts – The Atlantic
China eagerly buying up American assets – LA Times
China Confronts Mounting Piles of Unsold Goods – New York Times
The Cheapest Generation: Why Millennials aren’t buying cars or houses, and what that means for the economy – The Atlantic
Markets:
Samsung shares fall after jury orders $1bn in damages – BBC
We Need Inflation-Tolerance, Not Inflation – Slate
Politics:
Bernanke says Fed has scope to provide more stimulus – Reuters
Banks:
HSBC In Settlement Talks With U.S. Over Money Laundering – Bloomberg
U.K. Investment Bankers Prefer To Work In Singapore – Bloomberg
