Economics and Investing:

Over at the View From the Porch blog, Tamara posted this gem on the recoveryless housing market: Missing the point. The comments that follow are also worth reading.

Reader Sue C. highlighted this article: OECD Says Slowdown ‘More Pronounced’ Than Anticipated

KAF sent this: Stimulus? Who Said Anything About a Stimulus?

Items from The Economatrix:

Stocks Resume Rally as European Debt Worries Ease.

Consumers Cut Back on Credit Card Use Once Again

Job Openings Rise for First Time Since April

Hopes Rise as Jobless Claims Fall, Trade Gap Eases

Stocks Extend Gains After Drop In Jobless Claims

Mortgage Rates Edge Up; Housing Market Still Slow