Barron’s: Are Steel Stocks Still a Steal?
By zoonabar via Flicker.
BBC: UK economic growth revised down. The UK economy grew less than previously estimated between July and September, revised figures have shown.
Bloomberg: Oil Hits 2-Year High After Supplies Drop More Than Forecast. Crude oil rose to the highest level in more than two years after government reports showed that U.S. supplies dropped and the country’s economy grew more than previously estimated in the third quarter.
BusinessWeek: The Year Of Printing Money. Despite Tea Party protestations, Fed policy hasn’t put much more currency into circulation. Increased bank reserves, though, could one day fuel inflation.
CNBC: Nearly Everyone Likes Stocks Again—So Is It Time to Sell? With investor sentiment bubbling at levels comparable to just before the market’s historic highs in 2007, now may be the time to pull back some before the froth gets out of hand.
Forbes: World’s Most Unique Travel Destinations. Some of these places are wonders of nature–a spot where the flora or fauna can’t be found elsewhere, or where the
MarketWatch: Mining and Metals: Payouts lack luster. As prices of gold, silver and other metals soar, European miners’ dividends haven’t kept pace, writes MarketWatch’s Sam Mamudi.
Reuters: Chill wind hits bank bonuses. A Reuters worldwide survey finds that bankers believe their payouts will be lower this year by an average of 7 percent. Here’s why the bonus pool is turning cold.
The Business Insider: 17 Facts About China That Will Blow Your Mind. Get to know the world’s most important economy.
The Economist: Why do firms exist? Ronald Coase, the author of “The Nature of the Firm” (1937), turns 100 on December 29th.
The Financial Times: Notes on a crisis: A musical take on the financial meltdown.
The Guardian: For sale: all of our forests. John Vidal: Government plans to sell off state-owned forests are unwarranted, unwanted and unworkable
The New York Times: Op-Ed Contributor: Thanks for the Tax Cut! There is a God! It passed!
The Telegraph: Citigroup fears fresh wave of sovereign defaults. Bank warns eurozone crisis will deepen unless EU agrees crisis plan.
The Wall Street Journal: Why I Don’t Want an iPad for Christmas. Columnist Brett Arends offers 10 reasons why Apple’s iPad — this year’s hottest adult toy — makes a lousy gift.