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Tuesday, October 23, 2012

Financial news: 10/23/2012

CNBC: Hedge funds reallocating to lower-risk investments
Money News: Weak U.S.-China currency policy a recession risk
AP: Election more important than who wins per wealth adviser
Zero Hedge: U.S. fiscal policy to "anodyne" to 1% & inflationary
Reuters: Eurozone's 2011 budget deficit 4.1% of contracted GDP
CNN: Japan & China each own $1.12 trln or more of U.S. debt
BI: Top 1% received 52% of all income gains between '93-'08
CNBC: Gen.X most worried about financing retirement per survey
NYT: U.S. industry shrinks workforce as exports to China cool
AOL: Shoppers using Smart-phones to comparison shop in stores
BBC: German economy more likely to contract in Q4, 2012
Bloomberg: Wholesale price deflation pressuring Chinese industry

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