Those pesky derivatives: U.S. Stocks Fall as JPMorgan Tumbles on Trading Report [1]. (A tip of the hat to veteran content contributor Sue C. for the link.)
Economy: We Are Living In The Greatest Debt Bubble In The History Of The World [2]
Mark T. sent this sad news: Nearly 3 in 10 have no savings for an emergency [3]
Study: More Than Half a Trillion Dollars Spent on Welfare – But Poverty Levels Unaffected [4]. (Thanks to Pierre M. for the link.)
Items from The Economatrix:
Consumer Confidence in US Declines to a Five-month Low [5]
Business Bracing For Bad Summer? [6]
Home Prices Rise: A Sign That Housing Has Bottomed? [7] [JWR’s Comment: The real bottom won’t come until the overhang of foreclosures is greatly reduced. In 2016, perhaps? ]