Economics and Investing:

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G.G. sent: Cyprus, lenders set Bank of Cyprus bail-in at 47.5 percent, sources say

Over at FOREX Crunch: Is the smart money fleeing stocks? The article begins: “Institutional investors have been net sellers of stocks for the most of the past year or so.. Since late June, this trend increased, with the 4 week average flirting with sales of 1 billion dollars. On the other hand, retail investors have been net buyers since early June…” [JWR’s Comment: With the Dow Jones Average bouncing around 15,500, we are entering into what they call a “sucker’s market.” Get out of stocks, now!]

France is dancing on a volcano, and Europe may go up in flames

Items from The Economatrix:

CBO: Cancel Spending Cuts Now, Boost Economy In Short Run

Obama’s Jobs Record:  Where Are We Now?

Are Big Banks Driving Up Commodity Prices?

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