Money & Markets – Week of 06.09.13

Treasury Sales By Foreigners Hit Record High In April
Zero Hedge | 14 June 2013
The monthly TIC (foreign capital flows) data gets less respect than it should…

US Budget Deficit Widens $139 Billion in May
Fox News | 12 June 2013
The government reported Wednesday that the U.S. budget deficit widened in May by $139 billion…

Italian Showdown with Germany Over Euro Looms Closer
The Telegraph | 12 June 2013
Something snapped in the Italian psyche last week after the European Central Bank…

Global Tumult Grips Markets
The Wall Street Journal | 11 June 2013
The tectonic plates of the world economy are shifting…

CBO: Debt-Limit Boost Can Wait Until Possibly November
The Hill | 11 June 2013
Congress will have until October or even November before the nation is in danger of defaulting on its debt…

Staffing, Succession Emerge as Top CPA Firm Concerns
Journal of Accountancy | 11 June 2013
Succession planning and staffing joined new client acquisition and dealing with the complexities of rapidly changing tax regulations…

Analysis: Asia’s Ticking Time Bonds; Time to Cut and Run?
Reuters | 12 June 2013
Efforts to make the global financial system safer could be making Asia more – not less – vulnerable…

GM Boosts Exports of China-Built Cars to Supply Emerging Markets
Reuters | 03 June 2013
General Motors Co, the biggest foreign automaker be sales in China…

Emerging Markets Will Soon Make up 50% of World Economy
CBCNews | 10 June 2013
The global economy is recovering but won’t take place in the same way it has in the past…

U.S. Bond Funds Suffer Second-Most Redemptions Since 1992
Bloomberg | 07 June 2013
U.S. bond funds suffered their second-worst withdrawals last week…

Short Interest Surges in EM Bond ETF
Yahoo! Finance | 10 June 2013
Talk that the Federal Reserve will begin winding down its $85 billion-per-month asset-buying activities…