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Noteworthy News – February 24, 2014

Economy:

What the Stimulus Accomplished – New York Times (Krugman)

China Downplays Dangers as Zhou Sees 7% to 8% Growth: Economy - Bloomberg

Study Finds Greater Income Inequality in Nation’s Thriving Cities – New York Times

Robert Reich: WhatsApp Is Everything Wrong with the U.S. Economy – Alternet

Venezuela Planning Third Dollar Supply System as Scarcity Rises – Bloomberg

Markets:

Home sales plunged 5.1 percent in January, worst in 18 months – Herald Dispatch

Gold Resumes Rally as Sign of Weaker U.S. Growth Spurs Demand – Bloomberg

Politics:

The Myth of German Austerity - New York Times (Krugman)

Volatile Ukraine teeters on brink of bankruptcy - DW

The 2008 FOMC Laugh Track: Gallows Humor at the Federal Reserve - Wall Street Journal

As Crisis Loomed, Yellen Made Wry and Forceful Calls for Action - New York Times

Banks:

Wall Street Landlords Buy Bad Loans for Cheaper Homes – Bloomberg

Select Wall Street banks cleared to use own risk models – Financial Times

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Posted in Economics, Markets, Media, Politics.


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