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Noteworthy News – May 17, 2010

Politics:

Senate votes to audit the Fed, 96-0 – RawStory

The euro: Emergency repairs – The Economist

Economy:

Retail sales beat expectations; building sector a boom to economy – Washington Post

EURONOMICS: Worries About Europe Debt, Economy Return – Wall Street Journal

Fox News Poll: Optimism on the Economy, Pessimism on the Job Front – Fox News

Obama aide: U.S. economy still needs further boost – Reuters

Dallas Fed’s Fisher Says U.S. Economy ‘Slowly Getting Its Legs’ – Bloomberg

Markets:

Outlook rosy for U.S. stocks thanks to euro woes – Reuters

GLOBAL MARKETS: European Stocks, Euro Slump; US Data Eyed – Wall Street Journal

In markets tug-of-war, gold holds the key – Marketwatch

SEC says markets failed investors in selloff - Reuters

Banks:

Credit-rating agencies: The other vampires – The Economist

Goldman’s (suspiciously) perfect 63-day trading run – The Week

4 Big Banks Score Perfect 61-Day Run – New York Times

‘Lack of Trust’ Pummels Bank Lending in Europe: Credit Markets – Bloomberg

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Posted in Economics, Markets, Media, Politics.


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