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Noteworthy News – May 31, 2011

Economy:

China’s Economy Slows, but Inflation Still Looms – New York Times

Carter: Economic Stagnation Explained, at 30,000 Feet – Bloomberg

U.S. Incomes Remain Stagnant as Inflation Rises - The Atlantic

Markets:

Housing Index Is Expected to Show a New Low in Prices - New York Times

Yuan at record high versus dollar after Treasury report - BBC News

Oil Drops on Slowing U.S. Economy, Europe Debt – Bloomberg

Politics:

Inspectors find that Greece missed all Targets – Reuters

How to Beat the Market: Follow the Trades of 19 Senators on the Senate Armed Services Committee Who Own Stocks on Prohibited List – MISH’S Global Economic Trend Analysis

Euro Crisis Looms for Group of 8 – New York Times

Banks:

The Fed’s secret giveaway to European banks – Reuters

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Posted in Economics, Markets, Media, Politics.


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