This week will bring several important reports that will impact the market. On Tuesday, the Pending Home Sales Index and the Wholesale Trade Report are released. On Thursday: Import and Export Prices, International Trade, the Treasury Budget and Jobless Claims are reported. Friday: the Producer Price Index, Retail Sales, Business Inventories and (most importantly) Consumer Sentiment are released.
The Fannie and Freddie takeover: not prepared for the bust: New York Times
Time to avoid the market: Globe and Mail
Laurentian Bank of Canada increases its dividend: Globe and Mail
Britain's budget deficit largest since '93: Telegraph
BP axes head of TNK-BP for Russians: Guardian
Companies taking longer to pay their debts: Economist
Silver State Bank shut down; 11th this year: Financial Times
Commodity prices fall to 7-month low: Financial Times
'Risk never disappears;' 10th anniversary of hedge fund collapse: Barron's
Computer problems shut down London Stock Exchange: Guardian
Coke buys Chinese juice maker for $2.5 B: Guardian
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