Financial News Update – 07/02/10

Morning Bell: Recovery Summer Vacation

Time to Go Global with Greater Economic Freedom

Congress’ Small Business Tax Schizophrenia

Democrats Rescind Recovery Act Funding to Finance More Ineffective Spending

Six Months to Go Until The Largest Tax Hikes in History (Hat Tip: Brian B.)

Schwarzenegger orders minimum wage for state workers (Hat Tip: Brian B.)

Evidence mounts that recovery is hitting the skids

The ‘Virulent’ Recovery

Bond Guru Jeff Gundlach: The USA Will Default

Jeff Gundlach’s Complete Guide To The Inevitable American Debt Default

Governments Are Ditching Dollar And Euro Reserves For Other Currencies

If You Didn’t See The China Slowdown Coming Last Quarter, You’d Better See It Now

Notes From The Hedgeye Q3 Macro Themes Conference Call

Stocks Turning Around, While Gold Completely Falls Through The Floor

Here’s The Real Role Anna Chapman Actually Had At The Hedge Fund Navigator

The Housing Industry Will Never Recover If Qualified People Can’t Get A Home Loan

Playing Chicken With The U.S. Printing Press Is Making A Killing Today

Gold Selloff Intensifies, Now Struggling To Hold Onto $1200

CHART OF THE DAY: Russia Is On A Crazy Gold Binge

Shell-Shocked Americans Still Aren’t Buying Anything

A Day After Moody’s Threat, Spanish Banks Falling, Bond Auction Is Dicey

Obama Wants to talk Energy… Well, Except for BP Spill (Hat Tip: Jean Stoner)

Health care law faces first constitutional battle in Virginia courtroom (Hat Tip: Jean Stoner)

Riots Break out in Iraq Over Energy Shortages (Hat Tip: Jean Stoner)

White House releases staff salary data (Hat Tip: Brian B.)

AP: ObamaCare will be a disaster for emergency rooms

Obama Shuts Down 33% of the Country’s Oil Refining Capacity (Hat Tip: Nancy Jacques)

The judge who could kill Obamacare (Hat Tip: Jean Stoner)

Health law risks turning away sick (Hat Tip: Brian B.)

Howard Davidowitz: U.S. Economy “Is a Complete Disaster” (Hat Tip: Brian B.)

Recession cut into employment for half of working adults, study says (Hat Tip: Brian B.)

12 Charts That Show The World’s #1 Growth Engine Is Sputtering


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