Links and Reading for September 25th
September 25, 2011 2:00 am
Some of the more interesting and important items for September 25th :
- U.S. Presses Europe to Stop Spread of Greek Debt Crisis – NYTimes.com – WASHINGTON — The Obama administration, increasingly alarmed by the spillover effects of Europe’s financial crisis, has begun an intensive lobbying campaign to persuade Chancellor Angela Merkel of Germany and other leaders to ramp up efforts to stem any contagion from the debt crisis in Greece.
- Scientists Say Atlas Is Wrong on Greenland’s Glaciers – NYTimes.com – “Fiasco” was the word chosen by one scientist in an e-mail to the National Snow and Ice Data Center in Boulder, Colo., alerting his colleagues to erroneous claims made by the publishers of the atlas (whose name derives from The Times of London) about the speed at which Greenland’s glaciers are melting.
- Chancellor George Osborne Says Debt Crisis ‘Has Entered Dangerous Phase’ | Politics | Sky News – George Osborne has told Sky News the global debt crisis has "entered a dangerous phase" but nations have "taken a step towards resolving it".
- The Surprising Advice From Advisers – Real-Time Advice – SmartMoney – Surveys show that a growing number of advisers and planners are dealing with market calamities differently than in the past, telling clients they can’t simply “buy and hold” stocks for years anymore and must make regular tweaks to their portfolios when the markets swing wildly.
- Small Donors Are Slow to Return to the Obama Fold – NYTimes.com – In recent months, the frustration and disillusionment that have dragged down Mr. Obama’s approval ratings have crept into the ranks of his vaunted small-donor army, underscoring the challenges he faces as he seeks to rekindle grass-roots enthusiasm for his re-election bid.
- Video – Market Activity and Economic Uncertainty Evoke Memories of the 1930s – Barrons.com – Amid this week's volatile market activity and over economic uncertainty, are we seeing a replay of the 1930s. MarketWatch columnist Mark Hulbert explains.
- Equity Markets in the Twilight Zone – Barrons.com – For the short term, the standard ways of navigating the equity markets may not offer much help. The main question: Is this a retest or a relapse?
- The day Steve Jobs saved Apple – John Shinal’s Tech Investor – MarketWatch – SAN FRANCISCO (MarketWatch) — Sometimes it’s hard to fathom just what Steve Jobs has done at Apple Inc. during the 14 years since he rejoined the company as chief executive. You could call it remarkable, but would come up short.
- IMF tries to coax markets off ledge – MarketWatch – WASHINGTON (MarketWatch) — Global economic policy-makers, gathered Saturday for the annual meeting of the International Monetary Fund, tried to sound united and engaged in their latest effort to assuage financial market concerns about European sovereign debt and the region’s fragile banks.
- S&P Cuts Italy Rating on Weak Growth Outlook – Bloomberg – Italy’s credit rating was cut by Standard & Poor’s on concern that weakening economic growth and a “fragile” government mean the nation won’t be able to reduce the euro-region’s second-largest debt burden.