MUST READS Share prices continue to slide – BBC Fear Goes Viral on Wall Street – Fiscal Times Risk of Deflation Feeds Global Fears – WSJ What the heck should the Fed do now? – CNN/Money Falling oil prices shake up global economies – AP World economy so damaged it may need permanent QE – Telegraph Treasuries Gain as Oil Drops Below $80 While Stocks Slide – Bloomberg The Depressing Signals Markets Are Sending About the Global Economy – NY Times This is who’s getting really walloped by the stock slide – MarketWatch Central bankers may have no quick fix as markets swoon – Reuters Dallas County May Declare State of Disaster From Ebola Virus – Bloomberg White House shifts into crisis mode on Ebola response – Reuters ISIS Delivers ‘Shock and Awe’ with Arms from U.S., China, and Russia – Fiscal Times
MARKETS/INVESTING World stock market sell-off deepens – AP Investors Are Scared, With Good Reason – Bloomberg Part of the Problem: Stocks Are Expensive – NY Times October’s Wild Ride Isn’t Over Yet – Bloomberg Market Swoon Adds to Woes for Hedge Fund Industry – Barron’s Bond Yields Worldwide Plunge on Global Growth Concern – Bloomberg Gold steadies, supported by global slowdown concerns – Reuters Switzerland’s central bank calls to thwart gold vote – Mining.com Gold Posts Longest Rally in Two Months on Haven Buying – Bloomberg Gold Rises As Stocks, European Bonds Again See Sharp Falls – Gold Core Gold imports soar 450% in India – Mineweb
ECONOMY/WORLD/HOUSING/BANKING US jobless aid applications fall to 14-year low – AP The U.S. Economic Recovery Is Still On Food Stamps – RCM Greece Still Needs Intensive Care – Bloomberg China Inc’s spending cuts deepest in six years as economy slows – Reuters Venezuela Goes From Bad to Worse as Oil Prices Plummets – Bloomberg When It Comes to Beheadings, ISIS Has Nothing Over Saudi Arabia – Newsweek Don’t Mess With Saudis in Oil Bear Market Global Shakeout – Bloomberg No matter what stats show, Canada’s housing boom is about to end – FP U.S. foreclosure activity falls to eight-year low – Reuters How Dodd-Frank Spurs Big Banks To Add Systemic Risks – IBD Yellen Gets Swedish Lessons From Most-Important Data – Bloomberg What Options Are Left for Central Banks? – of two minds
