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Noteworthy News – June 07, 2010

Politics:

ECB WATCH: Jittery Markets Will Move ECB To Extend Tenders – Wall Street Journal

Coming financial reform bill spurs options strategies – Reuters

U.S.’s $13 Trillion Debt Poised to Overtake GDP: Chart of Day – Bloomberg

Economy:

Government Jobs Account for 95% of Job Increases- Bloomberg

Geithner Says U.S. Economy Seeing ‘Steady’ Private Job Growth – Bloomberg

Economy growing slowly but steadily – Washington Post

Boycott BP? That Hurts Station Owners — Not the Company – Daily Finance

Bernanke says global recovery depends on emerging markets, central banks – Washington Post

Fed’s Fisher: Need for tightening getting closer - Reuters

Waiting for the big one: Where do Europe’s money-market jitters sit on the financial Richter scale? – Economist

Markets:

CREDIT MARKETS: Two Steps Forward, One Step Back – Wall Street Journal

Markets unimpressed with jobs report – Pacific Business News

Headwinds, still, for a tumultuous year – Reuters

Commodities’ Biggest Drop Since Lehman Is Bear Signal - Bloomberg

Banks:

Six Giant Banks Made $51 Billion Last Year; The Other 980 Lost Money – Forbes

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Posted in Economics, Markets, Media, Politics.


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