Economy News for Fri 10 May 2013

[Cheryl Nelson]

Bernanke Sees Important Risks In Wholesale Funding

http://www.bloomberg.com/news/2013-05-10/bernanke-warns-of-important-risks-in-wholesale-funding-markets.html

US Posts Widest Monthly Surplus Since 2008 On Revenue

http://www.bloomberg.com/news/2013-05-10/u-s-posts-widest-monthly-surplus-since-2008-on-revenue.html

Mike Santonli:  Market Partying Like It's 1995

http://www.cnbc.com/id/100728622

Marc Faber:  "Something Will Break Very Badly"

http://www.zerohedge.com/news/2013-05-10/marc-faber-something-will-break-very-badly

The Economic Collapse of Japan Is Now In Progress -- All The Elements Are In Place For A Debt Crisis

http://investmentwatchblog.com/the-economic-collapse-of-japan-is-now-in-progress-all-the-elements-are-in-place-for-a-debt-crisis/

Wall Street Ends Up, Posts Third Week Of Gains

http://finance.yahoo.com/news/stock-futures-edge-indexes-track-112624498.html;_ylt=AgmB3HvpJRqzHRqX8IfOl_KiuYdG;_ylu=X3oDMTN1ZWM1YXByBG1pdANGaW5hbmNlIEZQIE1lZ2F0cm9uIDIEcGtnAzZkZTM0NTQ0LTU3MDYtMzhjZi1iNDcyLWM4Yjg4ODJjYjBiNQRwb3MDMQRzZWMDbWVnYXRyb24EdmVyAzk2MmRhZmYwLWI5YjItMTFlMi05ZmVkLWJkMTQyNzlmZGZlYg--;_ylg=X3oDMTFkcW51ZGliBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3BtaA--;_ylv=3