Economics and Investing:

U.S. Bank Test Results Delayed as Conclusions Debated. Gee, do you think they’d be delaying the reporting if the results had been good?

Kevin A. suggested a recent piece on banking opacity, from Jim Quinn.

Items from The Economatrix:

Martin Weiss: A Depression is Unavoidable

Consumer Spending Dips

Trucking Bankruptcies Continue

Obama Blasts Hedge Funds as Chrysler Heads into Bankruptcy

Gold Falls Under Very Large Sell Orders

US Still in Deep Recession

Ford Reports 32% Decline in April

“Torture” of Mortgage-Bond Owners Carries Risk

Chevron Has Lowest Profit in Five Years

Hartford Financial Drops After Posting Loss, Cutting Forecast

Continental Airlines First US Carrier to Shrink Flying Due to Swine Flu

Dollar Libor Drops to Within Basis Point of 1 Percent