From George Gordon (“GG”): Money sent home by Mexicans abroad plunged a record 15.7 percent in 2009 [1]
GG also sent us this piece by David Galland: What the Deflationists are Missing [2]
From LJ: Don’t invest in Britain: The UK economy sits ‘on a bed of nitroglycerine’, investors warned [3]
Items from The Economatrix:
New Home Sales Fall 7.6% in December [4]
Stocks Fall as Investors Await Fed Decision [5]
SEC Tightens Rules for Money Funds [6]
Caterpillar 4Q Profit Tumbles; Outlook Cautious [7]
Verizon to Cut 13,000 Jobs as Business Cut Lines [8]
Signs of Housing “Recovery” Will Fade with End of Stimulus [9]
“Daunting” US Fiscal Outlook Means Bulging Deficits: CBO [10]
UK: Recession’s Toll on Workers Far Worse than Reported [11]