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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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