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Friday, July 20, 2012

Financial news 07/20/2012

Daily Finance: Warren Buffett warns of municipal bond bankruptcy trend
CNNMoney: Investors recently turned greedy per greed index
Bloomberg: WS banks may sue each other over interest rate manipulation
CNBC: QE ineffective per Trump; national debt & fiscal cliff top priorities
IBD: Factory slowdowns an economic headwind to slow housing recovery
InvestorPlace: Gold a risky buy without Fed. quantitative easing
BBC: Google Q2, 2012 profit up 11%; Microsoft loses money for first time
MarketWatch: Oil prices retracing May 2012 levels near $92/barrel
Conference Board: Leading Economic Index down .3% to 95.6 for June
AP: Lower June home sales & higher joblessness slow economic growth
BI: Chinese economic slowdown evident in this Societe Generale analysis

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