Wikinvest Wire

Monday morning links

Monday, July 20, 2009

TOP STORIES
CIT Group on cusp of $3 billion rescue - Reuters
At N.Y. Fed, Blending In Is Part of the Job - Wash. Post
Roach: Financial Crisis Isn’t Over - Money News
Calif. lawmakers, Schwarzenegger postpone talks - AP
Ex-Lehman traders to get huge bonuses - Guardian
Earnings to decide stocks' fate - Reuters
Reborn masters of the universe - Guardian
Time for Investor Vacations: Marc Faber - CNBC

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MARKETS/INVESTING
Oil Rises as Chinese Refiners Signal Rebound - Bloomberg
Gold rises on oil, dollar; platinum off highs - Nine MSN
Earnings goose a rally - for now - CNN/Money
Wall Street looks to earnings to extend rally - AP
Natural Gas ETF Plunges, Shares Sell Out - Bloomberg
Reacting, Responding, Planting, and Watering - Hussman Funds

ECONOMY
U.S. recession easing but likely not over - Reuters
Data to accentuate the positive - MarketWatch
White House sees GDP showing signs of progress - AP
Time Running Out On Culture Of Consumerism - theday.com
Big wave of Pa. jobless exhausts benefits checks - AP

INTERNATIONAL
Top Chinese bank regulator warns of loan growth risks - MarketWatch
Credit Glut Props Up Growth, Sowing Seeds of Trouble - China Stakes
U.K. house sellers nudge up asking price - MarketWatch
Price falls will prompt delays in Gulf construction sector - MEED
Investors await Bank of Canada's progress report - Globe Investor
Yen Declines to Two-Week Low on Speculation Recession Is Easing - Bloomberg
Vancouver ranks first for net worth - Globe Investor
Philippine Billionaire To Build Three Malls a Year in China - Bloomberg

HOUSING
7 Reasons Why Housing Isn’t Bottoming Yet - The Big Picture
As Boom Times Sour in Vegas, Upward Mobility Goes Bust - WSJ
White House's $50B foreclosure plan a bust so far - Politico
Subprime Brokers Resurface as Dubious Loan Fixers - NY Times

FED/TREASURY/BANKING
Analysis: Geithner's tough task: marketing US debt - AP
Son of Sherman McCoy Helps Fed Field New Bond Masters - Bloomberg
Pay and rations in banking: do bankers deserve what they get? - Telegraph
What to do with the Fed - Buiter, FT

INTERESTING
Eight surprising uses for olive oil - Daily Green
Lawsuit: dentist dropped tools down man's throat - AP
Roasted vampire squid is dish of the day on Wall St. - Guardian
Why Japan’s Cellphones Haven’t Gone Global - NY Times

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