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Thursday, December 27, 2012

Financial news: 12/27/2012

NYT: Markets complacent about Fiscal Cliff per economist
BI: Holiday retail growth just .7%, near 2008 levels
NuWire: Shadow housing inventory risks R.E. market recovery
ZH: National debt with entitlement liability is 550% of GDP
DOL: Jobless claims 12/22 350K↓12K; average 356.75↓11.25K
CNN: Written pension payout requests yield a better response
MN: Recession expected in 2013 by majority per survey
Fox: Down market in December statistically unfavorably for '13
CNBC: U.S. debt ceiling limit to be reached New Year's Eve
Bloomberg: Chinese loans to businesses quelled by credit rules
AP: Japanese leadership seeks cheaper Yen via monetary policy

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