Wikinvest Wire

Tuesday morning links

Tuesday, November 04, 2008

TOP STORIES
Australia slashes cash rate to 5.25% - MarketWatch
Auto sales fall 32% in October - LA Times
Election jitters' likely long-term effect on oil - MarketWatch
Dark Star Nouriel Roubini: China Will Fall Apart - 24/7 Wall Street
Morgan Stanley calls an end to bear market - Guardian
Is today's economic crisis another Great Depression? - USA Today

MARKETS/INVESTING
Oil prices fall as US economic woes mount - AP
Gold rises on weaker dollar - Reuters
5 huge funds failing your 401(k) - MSN Money

ECONOMY
CIBC's Rubin blames high oil prices for economy's nosedive - Financial Post
Auto industry sees darkest days in 25 years - MarketWatch
Gasoline prices plunge below $2 a gallon in parts of U.S. - LA Times
US chain store sales rose 0.6 pct last week-ICSC - Reuters
U.S. Economy: Factory Index Declines to 26-Year Low - Bloomberg

HOUSING
Real Estate Markets Most Likely to Rebound - Forbes
Banks Tighten Belts Further on Mortgages Amid Credit-Freeze - Housing Wire
The Great American Housing Market Nightmare Next Phase - Market Oracle

FED/TREASURY/BANKING
Treasury weighs purchasing stakes in more firms - Reuters
Treasury expects to borrow record $550 billion - MarketWatch
Paulson's Swindle Revealed - The Nation

INTERNATIONAL
Global economy depends on China -MSN Money
Japan seen slipping into recession in Q3 - Reuters
Britain Can't Spend Its Way Out of This Recession - Bloomberg
Luck may run out for Russia's casinos - USA Today
As China's Losses Mount, Confidence Turns to Fear - Washington Post

INTERESTING
Why we vote on Tuesday... and other election fun facts - AP
In this economy, even sex doesn't sell - LA Times

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