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Wednesday, December 5, 2012

Financial news: 12/05/2012

• BI: Interruption to global crop yield growth is a huge hazard
• MW: Lifetime gift-tax exemption to fall $4.12 mln to $1 mln 
• Bloomberg: Shippers losing money as Miss. river water level ↓
• Fox: Forward PE ratios not too low based on earnings growth
• Forbes: PIMCO exec.: Joblessness 7%+ and <2% GDP growth
• CNBC: Special corporate dividends ↑ in Q4 on tax hike worry
• ADP: November private sector new jobs 118K ↓ 40K from Oct.
• ZH: High EURO-USD correlation & VIX  rise indicates fear
• Fox: Retailers selling Black Friday overseas via Internet market
• Reuters: Brazil to counter slowing GDP growth with tax breaks
• Bloomberg: Paris energy minister wants to turn lights off at night
• NYT: E.U. nations disagree about extent of banking supervision
• BBC: RBoA interest rate↓ to 3% on mining sector slowdown

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