Economy:
Which countries match the GDP and population of America’s states? – Economist
Americans Are Still Overwhelmed by Excess – Businessweek
Initial U.S. Jobless Claims Rose More Than Forecast to 445,000 Last Week – Bloomberg
Can Europe Be Saved? – New York Times
BOE Keeps Rate, Bond-Purchase Program Steady to Nurture Economic Recovery – Bloomberg
Markets:
Home price drops exceed Great Depression: Zillow – Reuters
S&P, Moody’s Warn On U.S. Credit Rating – Wall Street Journal
Higher commodity prices may spur inflation – Associated Press
Treasury’s Geithner says China needs faster yuan rise – Reuters
Wall Street bolstered by Portugal’s bond sale – MarketWatch
Politics:
Hu Highlights Need for U.S.-China Cooperation, Questions Dollar – Wall Street Journal
Fed Laugh Track: ‘Can We Borrow from the Greeks?’ – Wall Street Journal
Fed Officials Saw Housing Bubble in 2005, Didn’t Alter Policy – Bloomberg
Could the U.S. central bank go broke? – Reuters
Banks:
JP Morgan Markets Its Latest Doomsday Machine (or Why Repo May Blow Up the Financial System Again) – Roubini.com
