Wikinvest Wire

Monday morning links

Monday, May 18, 2009

As Detroit Crumbles, China Emerges as Auto Epicenter - Wash. Post
Central banks may need more power for financial stability - Reuters
Schwarzenegger pleads for passage of ballot measures - LA Times
Cassano: the man with the trillion-dollar price on his head - Telegraph
Trump Testimony Offers Glimpse of How He Values His Empire - WSJ
These cars have got to go: Dealer cuts mean deals - AP
California: The ungovernable state - Economist
Beware of Obamanomics - Lew Rockwell

Oil rose above $57 amid weak crude demand - AP
Gold shines on global cues, copper falls - Financial Express
Bearish top letter faces stress test - MarketWatch
Gold not an investment, it’s insurance - Commodity Online
A trio of views to guide investors - MSN Money
Stock rally stalls as investors await new catalyst - AP

Economy limiting services of local police - USA Today
Three signs the economy is rebounding - CNN/Money
Hotel crime rises in recession, hotels say they're still safe - USA Today
To Save Our Economy From Destruction - Lew Rockwell
U.S. budget chief says signs of economic free-fall over - AP

India's surge helps turn around Asian markets - MarketWatch
China keeps buying US bonds despite concerns - Sydney Morning Herald
China’s Stockpiles Are New Sovereign Wealth Strategy, RBC Says - Bloomberg
Asia will author its own destruction if it triggers a crisis over US bonds - Telegraph
U.K. Home Sellers Raised Asking Prices in May, Rightmove Says - Bloomberg
Germany needs more than an accounting trick - Financial Times
Pound a ‘Screaming Buy’ as U.K. Attracts Investment - Bloomberg
Yuan reality check - MarketWatch

Phoenix's housing bust goes boom - LA Times
More high-end properties sitting on the market - SF Gate
Valley home prices plummet toward ZIP - Las Vegas Sun
Long Island Foreclosures Rise, With No End in Sight - NY Times

At Geithner's Treasury, Key Decisions on Hold - Wash. Post
The Destructive Implications of the Bailout - Hussman Funds
Buyout Firms Elude Fed as OTS Lets Private Equity Acquire Banks - Bloomberg
President Obama Announces More Key Treasury Department Posts - AAP

'Angels & Demons' wins box office from 'Star Trek' - AP
City of Knoxville to buy million-dollar parking lot - KnoxNews
FDIC Economist Charged With Bank Robbery - Huffington Post
Brain fitness industry set to boom - MSN Money


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