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Wednesday, January 16, 2013

Financial news: 01/16/2013

NYT: Fitch implies support for unlimited U.S. debt ceiling
AP: Housing prices are forecast to rise 6% in 2013
NY Fed: Business condition in NY near 2008-'09 levels
BI: Cash-flow opportunity cost unaccounted in stock prices
CNBC: Large economies deliberately devaluing currency
MW: Facebook's active users fell by 1.4 million in Dec.
Commerce Dept.: Retail sales for 2012 ↑ 5.2% over '11
Reuters: Holiday retail sales were 1.1% short of forecast
BBC: Yr over yr German GDP growth ↓ 2.3% in '12
CNN: China's gvnmnt. is paying for economic recovery 

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