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Noteworthy News – November 8, 2010

Economy:

The economic soft spot is ending – The Economist

Job growth improves, but pace leaves full employment 20 years away – Economic Policy Institute

Barack Obama thinks that the rise of India will be good for American jobs. There is another side to the story – The Economist

Hoenig Says Fed Must Raise Rates to Create a ‘Stable Economy’ - Bloomberg

Markets:

Suddenly, Corn Costs More. Why Not Corn Flakes? – NPR

Stocks end at fresh 2-year highs – CNN Money

Treasury Yields Tumble to Records on Fed’s Plan to Purchase $600 Billion – Bloomberg

Politics:

Number of the Week: $10.2 Trillion in Global Borrowing – Wall Street Journal

The rest of the world goes West when America prints more money – Telegraph

The Fed: Dump the Dollar, Save the Economy – Wall Street Journal

Banks:

Fed May Allow Banks to Up Dividend Payments – Wall Street Journal

Banks Brace for Costly Fights Over Mortgage Mess - New York Times

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Posted in Economics, Markets, Media, Politics.


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