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Noteworthy News – January 16, 2012

Economy:

5% of Americans Made Up 50% of U.S. Health Care Spending – The Atlantic

Things We’re Supposed To Be Quiet About – New York Times (Krugman)

Many Americans gave up hope last year – 2012 will be worse - Guardian

U.S. Trade Deficit Widens More Than Economists Forecast as Exports Decline – Bloomberg

Downgrade of Debt Ratings Underscores Europe’s Woes – New York Times

U.S. recovery can survive Europe’s recession – Chicago Tribune

Markets:

Oil Producers Keen To Defend Crude Price – Forbes

Nine Euro Nations’ Ratings Cut, Seven Affirmed – Bloomberg

Politics:

We’d All Better Hope Krugman Is Right On The U.S. Debt – Forbes

The evolution of American debt - Salon

Obama Starts Clock for Congress to Vote on Raising Federal Debt Ceiling – Bloomberg

Fed’s Bullard Says Some Housing Market Remedies Invite Disaster – Wall Street Journal

Banks:

BofA ponders pulling back from parts of country – Dallas Business Journal

JPMorgan profit falls, but sees hope in economy – Reuters

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Posted in Economics, Markets, Media, Politics.


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