Here Comes the Flood?

April 29, 2011
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Mercenary Links Roundup for Thursday, April 28th (below the jump).

04-28 Thursday

Economic growth slows as inflation surges
Crispin Odey: “The West Will Become Flooded With Inflation”


U.S. Economy Grew 1.8% in First Quarter – NYTimes.com
Growth data cast doubt over US recovery
Don’t Mean To Be Rude, But The Economy Sucks


GE sees best profit outlook in a decade, execs say – Yahoo! News
Daimler’s Profit Nearly Doubles – WSJ.com
Home Builders Post Bigger Losses – WSJ.com
RIM Warns of Weak BlackBerry Sales – WSJ.com
Sales of Xbox and Kinect Help Lift Microsoft Earnings – NYTimes.com


McDonalds Hires 62,000, Turns Away Over 938,000 Applicants
Confidence Sinks to 2011 Low; 55% Say Still in Recession or Depression
How Asia Copes with America’s Zombie Consumers by Stephen S. Roach


Only 10 ETFs Below Their 50-Day Average
Silver and gold near lifetime highs | Reuters
Gold Luring Central-Bank Buyers May Extend Record Rally – Bloomberg
No Silver Lining Left for Users of the Metal – WSJ.com


Yuan Breaks Through 6.5 Per Dollar for First Time Since 1993 – Bloomberg
U.S. Dollar Continues Slide, but U.S. Officials Are Unfazed – WSJ.com
Ailing dollar boosts demand for commodities, credit | Reuters


Spain Cracks Down on Black Market Jobs – NYTimes.com
Labor Day May Be Trigger Germany’s Economy Needs to Ease Bottleneck


Somewhat sheepishly, Exxon makes $11 billion – Yahoo! Finance
Bipartisan Target: Oil-Sector Tax Breaks – WSJ.com
U.S. Airline Surcharges Set Record at $420 as Oil Prices Climb – Bloomberg
Russia Proposes Stricter Rules for Nuclear Safety – NYTimes.com


Grantham Sees 25% Chance That China May ‘Stumble’ by Next Year
China’s One-Child Plan Faces New Fire – WSJ.com
China’s Exports Perch on an Uncertain Truck System – NYTimes.com


Egypt’s Policy Upends Mideast Order – WSJ.com
Turkey Joins Effort to Spur Change in Syria – WSJ.com


FT Alphaville » Copper, the re-export factor


Buffett may not feel much love at his Woodstock | Reuters
As Buffett Steps to the Stage, His Silence on Sokol Ends – WSJ.com
How Warren Buffett Protégé David Sokol Lost His Way – BusinessWeek


In Alabama Town, ‘Destruction as Far as the Eye Could See’
Survivors pick up pieces from devastating twisters – Yahoo! News
In Smithville, Mississippi, Nothing Unscathed After Tornado


Andy Kessler: Make Way for the Virtual Exchange – WSJ.com


Bill Ackman Fixed His Own Image—and Now He’ll Fix You!
Falcons at New York’s JFK Airport – WSJ.com
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