My morning reads:
• U.S. Economic Data is Surprising Forecasters (Bloomberg) but see Retail Sales in U.S. Climbed Less Than Forecast (Bloomberg)
• Which Country Defaults Next? (Japan) (Montley Fool)
• EU Banks Selling ‘Crown Jewels’ for Cash (Bloomberg) see also Pondering a Dire Day: Leaving the Euro (NYT)
• Bernanke’s Legacy at Fed: Still a Lagging Indicator (WSJ)
• China’s housing bubble is losing air (LA Times)
• No One Says Who Took $586 Billion in Fed Swaps Done in Anonymity (Bloomberg) see also Are There Limits of Bigger Penalties in Fighting Financial Crime? (DealBook)
• Home Bargains Abound, But Willing Lenders Are Rare Breed (WSJ) see also Banks in Push for RoboSigning Pact (WSJ)
• Hedgies vs Obama (Reuters)
• From Garage To World’s Most Famous Company (Computer History)
• Unsubscribe (James Altucher)
What are you reading?
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