Barron’s: Strong Stocks or Debilitated Dollar? Stocks are up only in terms of a declining dollar. In real terms, relative to gold, stocks have gone nowhere.
BBC: Moody’s adds to Spain downgrades. Spain has lost its last triple-A credit rating with the major rating agencies, following a downgrade from Moody’s.
Bloomberg: Nordics Seek `Polluter Pays’ Bank Tax to Fund Crises. Sweden, Finland and Denmark are promoting a European Union-wide bank levy to force lenders to help share the clean-up costs of future banking crises.
BusinessWeek: Blame Hyperactivity on Genes, Not Poor Parenting. Don’t blame attention-deficit hyperactivity disorder on poor parenting or excess candy. A new study suggests it’s all about genes.
Trading by killthebird via Flickr
CNBC: Thursday’s Senate Banking Testimony – What to Expect. Wall Street will be closely watching the Senate Banking Committee on Thursday as the nation’s top financial officials testify about the roll out of the Dodd-Frank Wall Street reform law.
Forbes: Dems Need More Than Just Votes. Democrats may be hurting with young, poor and minority voters who often need a particular motivator.
MarketWatch: Auto makers’ strong finish. Auto makers are expected to post solid gains for September, boosting hopes for upbeat end of year.
Reuters: Jobless claims to dip slightly. A Reuters poll sees a small improvement in U.S. jobless claims, but not nearly enough to rally confidence.
The Business Insider: Gold is starting to climb the list of greatest bubbles ever.
The Financial Times: Ireland unveils bank rescue package. Country’s fiscal deficit expected to rise to 32% of GDP.
The Guardian: US politics is angry, polarised, and gridlocked. Can it be reformed? Washington moves at the pace of Brezhnev’s Soviet Union. It needs to be more like Silicon Valley if it is to compete with China.
The New York Times: China May Soon Make Use of Its Solar Assets. China has established itself as a leading producer of solar energy equipment, but it has made surprisingly little use of solar energy at home.
The Telegraph: 205mph electric jet Jaguar. Jaguar’s radical electric concept supercar wows Paris.
The Wall Street Journal: Mobile-Home Industry Seeks Comeback. Builders of manufactured homes missed out on the great American housing boom. Now some of them hope their industry has finally stopped imploding.
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