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Monday, May 14, 2012

Financial News 05/14/2012

Reuters: Stock market investors face uncertainty amid economic concerns
NYT: California's budget deficit reaches $16 billion
MF: Commission, asset-based-fees & hourly fees bleed the financially advised
Option Queen: Bush tax cuts expiration to push stock market into toilet
CNN Money: JP Morgan's $2 billion loss demonstrates banking risk appetite
AP: Ireland to put Euro-austerity to test in national vote
CNBC: Euro parity with dollar more likely with anti-austerity & debt crisis
Bloomberg: Greek re-election likely as "anti-bailout government" rejects unity
MarketWatch: Chinese central bank lowers banking reserve ratio by .5%
BBC: Free trade between Japan, China and S. Korea in negotiation

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