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Noteworthy News – May 6, 2013

Economy:

The cost of hand-to-mouth living – Financial Times

Is It Crazy to Think We Can Eradicate Poverty? - New York Times

Jobs Data Ease Fears of Economic Slowdown in U.S. – New York Times

Markets:

EL-ERIAN: Unhedged Stock Market Investors Will Pay A High Price For Taking Excessive Risk – Business Insider

Is the Fed Blowing Bubbles? – Slate

German bond yields hit record low after ECB rate cut falls short - Telegraph

Speed traders eyed after Twitter hack attack, U.S. regulator says – Reuters

Europe’s Cap-and-Trade Scheme Failing Spectacularly -  RealClearWorld

Politics:

Portugal aims to cut 30,000 civil service jobs - BBC

After austerity, what? - Economist

Reinhart, Rogoff Backing Furiously Away From Austerity Movement – HuffingtonPost

Fed’s Plosser Makes Case Against More Money Printing – Reuters

Banks:

A New Fed Thought for ‘Too Big to Fail’ Banks: Shrink Them – DealBook

 

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Posted in Economics, Markets, Media, Politics.


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