Politics:
Jeffrey Immelt to Obama: Focus on jobs, economy – Fortune
Fannie Mae gets tough on homeowners who walk away – LA Times
Central Banks Swap Tons of Gold for Cash – Blogging Stocks
Economy:
Don’t bet on a 2010 economic recovery. 10 stunning charts showing no housing recovery moving forward and weak employment growth. – Dr. Housing Bubble
I Would Do Anything For Stimulus, But I Won’t Do That – NY Times (Paul Krugman)
Alcoa’s View of the Economy – Wall Street Journal
U.S. Economy: Confidence Tumbles Risking Slowdown – Bloomberg
Markets:
World stocks, dollar drop on soft U.S. data – Reuters
Treasury Two-Year Yields Drop to Record Low as Economy Weakens – Bloomberg
Mystery trader buys all Europe’s cocoa – Telegraph
European Stocks Down; US Economy In Focus – Wall Street Journal
Banks:
A mirage, not a miracle: The banks’ contribution to the economy has been overstated – The Economist
Can You Hear Goldman Laughing? – The Daily Beast
RBS could sue Goldman over $800m loss on Abacus deal – Guardian
7 Reasons to Be Skeptical About Financial Reform – The Atlantic
