Tuesday, October 11, 2011

Quick Overview

  • PIMCO's Bill Gross: Class warfare by the 99%? Of course, they’re fighting back after 30 years of being shot at.
  • Senate Republican/Tea voted unanimously against tax cuts for middle-class families, infrastructure spending, & millions of jobs.

  • Slovakia rejected an expansion of the euro zone's bailout fund.

  • U.S. stocks off to best October start since 1982

  • (WSJ) 9.6%! That’s the decline from 2000 to 2010 in inflation-adjusted median earnings of people 25 to 34 years old with a bachelor’s degree and no graduate degree.

  • Corning (GLW) raised the dividend by 50%.

  • Japanese consumer confidence rose from 37 in August to 38.6

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