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Monday, July 23, 2012

Financial news 07/23/2012

CNNMoney: Dodd-Frank Act nearly 70% unimplemented
• Reuters: Tax havens hide $21-$32 trillion per banking analysis
• BI: Multiple indicators point to U.S.recession per Comstock
CNBC: Earnings reports and guidance also indicate recession
• NYT: Healthcare costs to near 25% of national income by 2037
IP: Democrats don't fear fiscal cliff due to demand for higher taxes
• Option Queen: Dollar solid until higher yields sought on treasuries
AP: Lower yield on German safe-haven bonds is saving billions
Bloomberg: Greece unlikely to keep up with financial obligations
Spiegel: IMF and Eurozone nations unwilling to offer new Greek aid
Fox Business: Syrian "wild cards" more possible & bearish for markets

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