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Tuesday, June 5, 2012

Financial News 06/05/2012

• NYT: U.S. businesses warning investors of sales slowdown
• CNN Money: $163k buys 530 sq ft in L.A., and 3032 sq ft in Dallas
• Reuters: Tax code reform proposal to be released by tax-writing committee
• Daily Finance: Obama would save up to $90k/yr if Romney tax plan enacted
• USDA: $6.18 billion spent on food stamps in March, $74.16 bln annualized
• Bloomberg TV: Corporate earnings, GDP, LEI demonstrate slowing economy
• Census: Drop in defense spending contributed .6% decrease in factory orders
• Fox Business: British credit rating downgraded to AA- by Egan Jones
• BI: Lack of liquidity in financial markets higher in 2012, than 2008 
• BBC: Eurozone private sector contracts 4 months, "fastest contraction in 3 yrs"
• AP: German finance minister reiterates support for austerity

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