Monday morning links
Monday, June 15, 2009
TOP STORIES
• IMF says worst not over - Reuters
• Iran Bans Protest Rallies After Election Clashes - Bloomberg
• Obama to present sweeping market overhaul - CNN/Money
• Deadline day for state leaders to close deficit - SF Gate
• Washington Obituaries Offer Short-Sale Tip Sheet - Bloomberg
• Is 2009 tracking a 1930 Great Depression scenario? - Credit Writedowns
• Liberty Dollar's Von NotHaus Indicted - Numismaster
• Optimism is not enough for a global recovery - Munchau, FT
MARKETS/INVESTING
• Dollar rallies on G8 comments - CNN/Money
• Oil falls to near $71 as US dollar strengthens - AP
• Gold bugs debate stocks - MarketWatch
• From recovery to oil price surges - Gulf News
• Commodities Rock on Higher Rates, Utilities Stall - Bloomberg
• The Outlook is Not Up, But Very Widely Sideways - Hussman Funds
ECONOMY
• New York Region Manufacturing Shrinks at Faster Pace - Bloomberg
• States consider college aid cuts; student programs at risk - USA Today
• Delta, AMR See Revenue Vanish as NY Business Fares Tumble - Bloomberg
• Gasoline price surge comes at bad time - LA Times
• Stay the Course - Krugman, NY Times
INTERNATIONAL
• German credit crunch deepens - Telegraph
• BRIC seeks global voice at first summit - Reuters
• Foreign Direct Investment in China Tumbles on Crisis - Bloomberg
• China’s recovery still isn’t adding (much) to global demand - Setser, CFR
• China wants U.S. to assume global duty of care for dollar - Reuters
• G-8 Plans to Reverse Stimulus as Rebound Signs Grow - Bloomberg
• China's car sales boom, reshaping a way of life - USA Today
• The crucifixion of Latvia - Telegraph
HOUSING
• Is the housing bust about to take Manhattan? - Reuters
• Is The Mini-Boom In Housing All About Investors? - Seeking Alpha
• Patience, persistence are key in housing market - Contra Costa Times
• Real estate recovering, economists say - Globe & Mail
FED/TREASURY/BANKING
• Jawboning delivers dollar gains - MarketWatch
• A New Financial Foundation - Geithner & Summers, Wash. Post
• Treasuries Climb After Russia Says It Has Confidence in Dollar - Bloomberg
• Washington cannot call all the shots - FT
INTERESTING
• Cravath Asks Incoming Lawyers to Delay Start a Year - Bloomberg
• Switch to digital television (DTV) went remarkably well - USA Today
• Bono’s China Fantasy Tour Seeks U.S. Debt Relief - Bloomberg
• How the world's greatest golfer lost his game - New Scientist