Government, Politics and the Economy
Mobius: Derivatives and Stimulus Money May Trigger New Financial Crisis
According to Templeton Asset Management Ltd.’s Mark Mobius, a new financial crisis will develop from the failure to effectively regulate derivatives and all the extra global liquidity from the government's stimulus spending. Bloomberg.com
Survey: Small Business Optimisim Slips, Expect Slow Recovery
The NFIB's monthly index of small business optimism slipped one point to 87.9 last month. It had gained 7.9 points since March, indicating a view the the economy was stabilizing. FoxBusiness.com
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