Tuesday morning links
Tuesday, June 23, 2009
TOP STORIES
• Broad Agreement Reached on Derivatives - Wash. Post
• U.S. credit rating a "solid triple-A": Moody's - Reuters
• Global oil and gas E&P spending seen down 15 pct - Reuters
• Obama Bulks Up `Too Big to Fail’ With Steroids - Baum, Bloomberg
• Copper and other commodity price speculation has returned - Mineweb
• Billionaire Paulson's big gold stake looks lackluster - MarketWatch
• 401(k) cuts now mean pain later - CNN/Money
• A Snake Eating Its Own Tail - Kunstler, CFN
MARKETS/INVESTING
• Oil volatile around $67 on grim World Bank view - AP
• Gold rallies from 6-week low as dollar weakens - Reuters
• Silver investment demand to overtake gold in 2009? - Commodity Online
• Gold, silver premiums back to near normal - Arensberg, Stockhouse
• Why you should invest in Energy ETFs - Commodity Online
• “I’m confused?!” - Saut, Raymond James
ECONOMY
• Lost jobs forcing more out of homes - USA Today
• Merced: Ghost Town, USA - BusinessWeek
• Losses of factory jobs in California blamed on regulation - LA Times
• Job market to stay dismal despite bits of hope - CNN/Money
• Confidence in Stimulus Plan Ebbs, Poll Finds - Wash. Post
INTERNATIONAL
• World Bank Sees Slow Growth for Economy - Wash. Post
• Iran Rules Out New Vote as Opponents Shift Tactics - Bloomberg
• World Bank vice president shows optimism on China's economy - CHINADaily
• Emerging-Market Stocks in ‘Correction’ After 10% Drop in 2009 - Bloomberg
• UK debt chief Stheeman dismisses prospect of 'buyers strike' - Telegraph
• 'We'll pay you £25,000 to take your mortgage elsewhere' - Telegraph
• India Shining as economic growth records 6.7% - Commodity Online
• IMF says dollar adjustment might be needed - Reuters
HOUSING
• No recovery for U.S. property markets until 2017 - Reuters
• Mortgage bankers cut U.S. loan origination forecast - LA Times
• Foreclosure Prevention: New Program Shows Big Jump - Time
• Many believe homeownership is no longer a way to build wealth - MarketWatch
FED/TREASURY/BANKING
• What exit strategy? The drama isn't over - MarketWatch
• Bernanke Set to Defend Record, Reappointment Debate Begins - Bloomberg
• Markets want to know how liquidity will be mopped up - MarketWatch
• Still Researching Corruption At The Treasury - Market Skeptics
INTERESTING
• 80% of couples disagree on retirement planning - USA Today
• Bad economy pushes visitors through zoo gates - AP
• The 5 most expensive hotel rooms in the world - Guardian
• Sanford taking a hike, governor's office says - The State