Courtesy of Tyler Durden
- Russia economy to shrink 7.5% in 2009 according to President Medvedev (BBC)
- Medvedev: Slump deeper than forecast (WSJ)
- Andy Xie: Why one bubble burst deserves another (Caijing)
- Paranoid theories can’t take the shine off gold (FT)
- US States face “unbelievable” revenue shortages (Reuters)
- October surprise from bank earnings? (MarketWatch)
- Employers have fewer jobs to offer (WSJ)
- Central banking: a blight on humanity (FSU)
- JPMorgan, others to pay $100 million settlement (AP, h/t deadhead)
- Citigroup hires Mr. Inside (NYT)
- Steep losses pose crisis for pensions (WaPo)
- An American fail: the Eastman Kodak tragedy (The Reformed Broker)
- The speculative bubble in equities and the case for deflation, staglation and implosion (Jesse)
- Momentum strength emboldens the bulls (Pragmatic Capitalist)
- The “Democratization of Credit is over” – now it’s payback time (WSJ)
- Currency depreciation and global imbalances (Michael Pettis)
- Mourning rally (Cassandra Does Tokyo)