MUST READS The Fed in denial – CNBC A third of Americans delinquent on debt – USA Today Geopolitical Risk Rises for Global Investors – Bloomberg Israel Strikes Fuel Tanks at Gaza’s Only Power Plant – NBC News Significant new EU sanctions on Russia expected – Washington Post Argentine Default Drama Nears Critical Stage – WSJ Social Security – The Train Wreck That Doesn’t Need to Happen – Fiscal Times Medicare, Social Security Disability Fund Headed in Different Directions – WSJ Is This The Chart That Has High-Yield Investors Running For The Hills? – Zero Hedge I quit working full-time years ago—here’s why I recommend it highly – Quartz Grieving parents hit with $200,000 in student loans – CNN/Money Our Totalitarian Future – Part One – The Burning Platform And That’s a GOOD Thing?? – Dollar Collapse
MARKETS/INVESTING Europe, Asia stocks up ahead of US data – AP Markets: Exuberance is not always ‘irrational’ – Reuters Japan stocks close at six-month high on upbeat earnings – MarketWatch China Stocks Rise for 6th Day in Longest Winning Streak in Year – Bloomberg Here’s What Wall Street Bulls Were Saying In December 2007 – Contra Corner Why the 10-year Treasury could yield 4% by Thanksgiving – MarketWatch Bund Yield Falls to Record, Surpassing Euro-Crisis Levels – Bloomberg Gold rises on Ukraine, Middle East conflicts; Fed eyed – Reuters Gold Price Projection Based On Elliott Wave Since 1970 – GoldSilverWorlds Gold retailers wind down installment schemes in India – Mineweb Three Signals For A Huge Silver Spike In 2014 – SRSrocco Report
ECONOMY/WORLD/HOUSING/BANKING Inflation OCD – Krugman, NY Times Shilling: U.S. may fall back into recession – Financial Post U.S. Economic Confidence Down Sharply From Last Week – Gallup Inflation Hawks Have Been Wrong for Years. Should We Listen Now? – New Republic Modi’s New Indian Government Is Off to a Bad Start – Bloomberg Keep UK interest rate low for now, IMF tells Bank of England – Guardian South Korea posts largest current account surplus in H1 – xinhuanet U.S. housing market still isn’t all fine and dandy – MarketWatch Goldman unit eyes foray into China amid metals financing scandal – Reuters China’s Banks Pose World’s Largest Systemic Risk – WSJ Tame inflation expectations a trump card for Fed doves – WSJ Don’t Be Fooled by the Fed’s Facade – Bloomberg
