Politics:
Angela Merkel’s mistake: Battling the financial markets – Washington Post
Euro’s slide may give U.S. more rope to hang itself – Reuters
Economy:
Summers: US faces balancing act on economy, budget – Reuters
U.S. Economy: Home Purchases, Inventories Increase – Bloomberg
The Markets Vs. Bernanke – Forbes
Fed’s Dudley: US Economy Is In Recovery; Jobless Rate Too High – Wall Street Journal
One in 10 mortgage holders missed a payment this year – Sacramento Business Journal
Markets:
Markets Skittish After Bruising, Some Signs Of Strain – Wall Street Journal
Crude Diverges Most From Dollar in Three Months: Energy Markets – Bloomberg
Debt Markets Still Feeling the Pressure – Wall Street Journal