Wikinvest Wire

Wednesday morning links

Wednesday, April 01, 2009

Obama: Bankruptcy Best Option for GM, Chrysler - Bloomberg
IMF sees world economy shrinking up to 1 percent in 2009 - Reuters
California Needs New $11B Loan as Deficit Emerges - Bloomberg
Japan's latest stimulus fails to impress - MarketWatch
World must 'pick up the pace' on crisis: Obama - AFP
Stimulus Thinking, and Nuance - NY Times
Hancock Tower Sells at About Half Price to Normandy - Blooomberg
Asian Data Shows Severity of Slump - NY Times

Oil falls to near $48 amid gloomy data - AP
Gold firms, traders look to G20 for direction - Reuters
Treasuries Little Changed Before Fed’s Fourth Debt Purchase - Bloomberg
SLV exceeds its silver storage capacity: Got Gold Report - Stockhouse
Is this a sustainable bull market? - MarketWatch
A Pitched Battle for Turf Between the Bears and the Bulls - NY Times

U.S. private sector axes 742,000 jobs in March - AP
All 50 states in recession for first time since 1970s - MarketWatch
NBER: Household and NFP Differences Are Cyclical - The Big Picture
Philly Fed State Indexes: We're all Red States now! - Calculated Risk
Consumers slightly more confident - CNN/Money

Japan's tankan index dives to record low - MarketWatch
G-20 protesters break into Royal Bank of Scotland - AP
China's manufacturing down in March but off lows - MarketWatch
G20: Barack Obama and Gordon Brown paper the cracks - Guardian
Sarkozy Says G-20 Agreement on Economy Not ‘Secured’ - Bloomberg
Asia is the victim if the bond bubble bursts - Financial Times
India’s Exports Decline the Most in at Least 13 Years - Bloomberg
Foreign central banks aren’t going to finance much of the US deficit - Setser, CFR

When home prices hit bottom - CNN/Money
Housing market still 6th-most distressed - San Diego Union Tribune
Six reasons to tap retirement funds to buy rental property - MarketWatch
Record tumble for home prices - Christian Science Monitor

Hitler’s Specter Inspires Bill White to Battle With Greenspan - Bloomberg
Will The Real Geithner Plan Please Stand Up? - Baseline Scenario
Avoid regulatory 'quick fix,' Fed's Plosser says - MarketWatch
Alan Greenspan: “I screwed up!” - Models & Agents

Boats Too Costly to Keep Are Littering Coastlines - NY Times
French take hostages, street riot over job cuts - NY Post
More brazen than Madoff? - CNN/Money


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