Economics and Investing:

Dollar Selloff Is Going ‘Too Far, Too Fast’: Strategist. (Thanks to Susan H. for the link.)

Greece Likely to Default Within Three Years, El-Erian Says

Seal Beach home from a price listing of $2,900,000 to selling for $900,000. Chasing the housing market down.

Could someone be expecting a market crash? Watch the smart money: Insider Selling Volume at Highest Level Ever Tracked. (Thanks to Jonathan C. for the link.)

Items from The Economatrix:

Stocks Eke Out Gains On Mixed Earnings

Consumer Confidence Rises Only Slightly in October

Steel Industry’s Outlook Gloomer on Slower Growth

Foreclosures Push Home Prices Down in Many Cities

Gold Continues to Outshine the Field

Crooks Stealing Consumable Goods: Beer & Food A sign of things to come…”A crime alert in Chesterfield [Virginia], where robbers want your food and beer — and will use violence to get them. Right now police are handling 16 investigations in which crooks snatched edible goods from homes, cars and people on the street.”

California Is Broke: 19 Reasons Why It May Be A Good Time To Leave “The unemployed in California is equivalent to the populations of Nevada, New Hampshire, and Vermont.”