Tuesday morning links
Tuesday, April 21, 2009
TOP STORIES
• U.S. to give Chrysler, GM new aid - Reuters
• IMF: Losses from global credit crisis mounting - AP
• Re-inflation falsehoods, fantasies, fabrications, and fake-outs - iTulip
• Treasury asset plan vulnerable to abuse: watchdog - AP
• Stanford Points Fingers in Fraud Case - NY Times
• Dealers prepare for worst if GM files Chapter 11 bankruptcy - USA Today
• Why Commodities Are Still In a Bull Market - SafeHaven
• Note: Hope = Truth - Kunstler, CFN
MARKETS/INVESTING
• Oil edges lower on weak earnings, supplies forecast - MarketWatch
• Gold Rises on Jewelry Demand, Hedge Against Stocks - Bloomberg
• Strategizing a retirement rebound - CNN/Money
• T. Boone Pickens sees oil at $75 at end-year - Reuters
• A Nice Set Up - Butler, Investment Rarities
• “He Said – We Said” - Saut, Raymond James
ECONOMY
• End of economic gloom? - Roubini, Project Syndicate
• (Un)Intended Consequences: Uncertainty, Inflation and Inflexibility - SafeHaven
• Choosing alternatives to layoffs - LA Times
• GM layoffs reported coming over next few days - MarketWatch
• Leading economic indicators slip 0.3% - CNN/Money
INTERNATIONAL
• China, Russia make major breakthrough in energy cooperation - CHINADaily
• Japan reportedly to slash GDP outlook to 3% fall - MarketWatch
• Spain’s Falling Prices Fuel Deflation Fears in Europe - NY Times
• Japan Eases Recession Pain as Wage Cuts Support Jobs - Bloomberg
• China to start building 5 nuclear power plants - CHINADaily
• British economy falls into deflation for first time since 1960 - Telegraph
• China to launch more stimulus investment in second quarter - CHINADaily
• India central bank cuts rates by 0.25 points to 4.75% - MarketWatch
HOUSING
• Demand for O.C. homes back at 2005 levels - O.C. Register
• Study: Nation’s Housing Market Undervalued - The Truth About Mortgage
• Western builder optimism at 6-month high. Why? - O.C. Register
• Don’t Even Say the Words - NY Times
FED/TREASURY/BANKING
• Stress tests present Catch-22 for Treasury - MarketWatch
• Regulators Give Greater Weight to Loan Quality - Bloomberg
• The Subprime Bubble in Living Color - VDare
• Recession is easing - Fed vice chairman - CNN/Money
INTERESTING
• Reporter wins Pulitzer months after being laid off - AP
• U.S. "home invasions" up as thugs seek Mexico drug cash - Reuters
• Al Capone’s Chicago Home for Sale - Zillow Blog