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Noteworthy News – December 19, 2011

Economy:

Are we at the beginning of a 25-year recession? – The Week

A Financial Crisis Needn’t Be a Noose – New York Times

Snap analysis: Fed sees downside risks, over and yonder – Reuters

U.S. Retail Sales Rose at Slower Pace in November: Economy – SFGate

Unemployment claims at lowest in 3 1/2 years – SFGate

Markets:

Inflation Conspiracy Theories – New York Times (Krugman)

Wall Street Confounded as Volatility Extends Record Stretch – Bloomberg

France’s AAA Outlook Cut; Fitch Reviews Others – Bloomberg

Global markets cautious over economic gloom – Businessweek

China’s yuan jumps on signs of c.bank intervention – Reuters

Politics:

North Korean leader Kim Jong Il dead at age 69 - Associated Press

Obama aide: Republicans playing politics on taxes – Reuters

The politics of the top 0.01 percent – Washington Post

Banks:

The Size of the Bank Bailout: $29 Trillion – CNBC

Europe Crisis Drags On, Raising Concerns About U.S. Banks – Huffington Post

Morgan Stanley to Cut 1,600 Jobs – Wall Street Journal


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Posted in Economics, Markets, Media, Politics.


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