• Fox Business: Inflation of 4-6% needed for economy per Ex-Dallas Fed Chief
• Bloomberg: Poll shows 45% of Americans are better off since Obama elected
• BI: Jargon & bravado used in banking industry signals erroneous impatience
• FRB: Fed to sell more short-term securities in attempt to stimulate economy
• Fortune: Uncertainty over tax cut extension to trigger recession per economist
• DOL: Jobless claims filed for 06/06/12, 387K; average claims up to 386,250
• CBS: Oracle CEO to buy 98% of Hawaii's 6th largest Island for $500-600 mln
• MW: Oil prices near 3 yr low; approx. $81/brl L.C., 3yr low near $78/brl
• AP: R.I.M. expected to cut around 6,000 jobs as cell phone sales nose dive
• Reuters: Global economic growth slowing & threatened by Euro-crisis per IMF
• Bloomberg: June output in Euro-area indicates continued economic contraction
• BBC: Greek coalition government to renegotiate bailout after 5yrs of recession
• CNBC: Chinese factories trimmed growth for 8th month per HSBC PMI
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