GG flagged this Forbes article: Nouriel Roubini: “Brown Manure, Not Green Shoots”
Several items from Reader DD:
Buffet’s wants another stimulus
GM on the road again
Another retailer bites the dust
Oil speculators under pressure
Hawaiian K. sent word of a grim statistic: Freight Transportation Services Index (TSI) Fell 0.6 Percent in May from April
Items from The Economatrix:
US Apartment Vacancies at Historic High
565,000 New Jobless Claims “Lowest new claims since January” However, “Continuing claims, meanwhile, unexpectedly jumped to a record-high.”
Retailers Report Weak June Sales
Goldman Sachs Loses Its Grip on its Doomsday Machine
Nation’s Banks to Stop Accepting California IOUs After Friday
Mortgage Fraud Report: Burn After Modifying
Double-Digit Doom (The Mogambo Guru)
A New Bull Market In Silver Bullion Argues Case for Higher Prices
Watchdog: Stimulus Spending Short-sighted “Federal government is pushing out stimulus faster than expected. But states are using it to plug immediate gaps, rather than undertake long-term reforms.”