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Noteworthy News – October 12, 2010

Economy:

Fed’s Hoenig: Economy doesn’t need more liquidity – Denver Business Journal

Google Plans Alternative Inflation Index Using Web Data (Deflationary Trend) – Financial Times

The Best- and Worst-Performing State Economies in America – The Atlantic

The ‘Irrational’ Way Humans Interact With Dentists – NPR

Markets:

Stocks, treasurys react to cue that Fed will boost economy - CNN

Nobel for explaining why markets fail – Marketwatch

Ackman bullish on stocks, U.S. economy – Marketwatch

Treasury sells notes at record low interest rate – Bloomberg

Politics:

US Cities Face Half a Trillion Dollars of Pension Deficits - Financial Times

The Age of Austerity – Newsweek

The German Surge: Rising Tax Revenues Mean Less Public Debt for 2010 – Spiegel

Banks

J.P. Morgan Chase freezes 56,000 foreclosures – Washington Post

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Posted in Economics, Markets, Media, Politics.


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