MONDAY MORNING CHATTER: 7.12.10

The economic news this week focuses on retail sales (Wednesday), wholesale inflation, new jobless claims and industrial production (Thursday), and consumer price inflation and consumer sentiment (Friday). For a bit of context, here are some links that caught our attention…


Oil falls below $76 ahead of US company earnings
Emerging-Market Stocks Rise for Third Day on China Tightening
Earnings: The real test for stocks
Retail Sales Probably Declined in June
Investors Expect Profits and Seek Clues to Future
Corporate America’s Pile-O-Cash
Monthly Budget Review
The Feckless Fed
The Rising Threat of Deflation
Gold keeps rising as panicky investors look for security
A good commodities manager is hard to find
The U.S. Federal Reserve’s list of worries may be getting longer