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Friday, April 13, 2012

Financial News 04/13/2012

Bloomberg: Americans tired of being frugal go on spending binge
Reuters: Consumer groups criticize CFPB for loosening credit card rule
BLS: Consumer Price Index increased .3% in March
BI: Economic resource depletion confirmed by Smithsonian & physicist
Nasdaq: U of Michigan consumer sentiment index down to 75.7
Consumer Reports: Consumer Sentiment Index down to 44.6
Option Queen: Low rate corporate debt market limits investment options
Investor Place: Market rally a result of speculation on monetary policy
MW: Bull market reaching upper end of traditional cycle
Reuters: Federal Reserve Bank will "act" only if "economy" weakens
CNN Money: IMF Chief wants $500 billion for member interests
CNBC: Economic pressure in Europe spurs anti-union sentiment
BBC: Chinese Q1, 2012 GDP was 8.1% annualized, a 3 yr low

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