Economy News for Mon 13 May 2013

[Cheryl Nelson]

Global Hyperinflation Coming

http://usawatchdog.com/global-hyperinflation-coming-nick-barisheff/

Most US Stocks Fall After Record Highs Amid Sales Data

http://www.bloomberg.com/news/2013-05-13/u-s-stock-futures-retreat-before-retail-sales-report.html

City Of Detroit Is "Financially Insolvent"

http://money.cnn.com/2013/05/13/news/economy/detroit-insolvent/index.html?iid=SF_E_Lead

Detroit's Broke; Could Bankruptcy Lie Ahead?

finance.yahoo.com/news/detroits-broke-could-bankruptcy-lie-183156009.html;_ylt=Ah7wiDBtU_pBtFKtj3Uy7nOiuYdG;_ylu=X3oDMTRwNWN2djBqBG1pdANGaW5hbmNlIEZQIFRvcCBTdG9yaWVzIG1peGVkIGxpc3QEcGtnAzMxYjU4ZmI1LWZkMjYtM2Q2MS1iNmI0LTNlOGQ2OTJkNDJkYwRwb3MDNgRzZWMDTWVkaWFCTGlzdE1peGVkTFBDQVRlbXAEdmVyAzhmMmUyZTUwLWJiZmItMTFlMi1iN2I3LTFkMmUwZGM5ZTJjZg--;_ylg=X3oDMTFkcW51ZGliBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3BtaA--;_ylv=3

Stamp Prices Could Rise Again

http://money.cnn.com/2013/05/10/news/economy/postal-service-financials/index.html?iid=SF_E_River

Jobless Claims Rise Slightly This Week

http://money.cnn.com/2013/05/09/news/economy/unemployment-benefits/index.html?iid=SF_E_River

US April Retail Sales Defy Forecasts, Rise 0.1%

us.lrd.yahoo.com/_ylt=AjjgsC9.cTEFuiC2n1k6yA2iuYdG;_ylu=X3oDMTQ2MWZzcG5iBG1pdANDTkJDIEZlYXR1cmUgMQRwa2cDOTBiODlmODktOTkwZS0zMDIyLWJmZmUtMDhiMmE4OWU3M2QwBHBvcwMyBHNlYwNNZWRpYUJMaXN0TWl4ZWRMUENBVGVtcAR2ZXIDNjQ5YjY2NzAtYmJjYS0xMWUyLWI3ZGQtNmM5YTkyMGRkOTli;_ylg=X3oDMTFkcW51ZGliBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3BtaA--;_ylv=0/SIG=1516l0451/EXP=1369689908/**http%3A//www.cnbc.com/id/100731241%3F__source=yahoo%7Cfinance%7Cheadline%7Cheadline%7Cstory%26par=yahoo%26doc=100731241%7CUSAprilRetailSalesRis

New Range Emerges For Gold

us.lrd.yahoo.com/_ylt=Ap6YxRMXzeqUBv_0UvRZ61iiuYdG;_ylu=X3oDMTQ2aXJqNHJ0BG1pdANDTkJDIEZlYXR1cmUgMQRwa2cDN2VjZTJmNWYtYzJiZi0zNDI1LTkwZTYtNDJiY2JmY2E1NWM0BHBvcwMxBHNlYwNNZWRpYUJMaXN0TWl4ZWRMUENBVGVtcAR2ZXIDYmQ0M2JjNTAtYmJkNC0xMWUyLTlkYmUtYjQ5M2YzZGRmODE0;_ylg=X3oDMTFkcW51ZGliBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3BtaA--;_ylv=0/SIG=151hou6p5/EXP=1369689908/**http%3A//www.cnbc.com/id/100731320%3F__source=yahoo%7Cfinance%7Cheadline%7Cheadline%7Cstory%26par=yahoo%26doc=100731320%7CNewRangeEmergesforGol

Gas Prices To Keep Falling Through June

http://finance.yahoo.com/blogs/daily-ticker/gas-prices-keep-falling-june-134331028.html;_ylt=ArO8jl6QOn0sHz7c84N.KHeiuYdG;_ylu=X3oDMTQ0YTFxZ2NiBG1pdANGUCBUaGUgRGFpbHkgVGlja2VyBHBrZwM2ZjhhMmE3ZC01YzAyLTM1MmQtYTQyOC02ZWE1ODBiNTg1NzYEcG9zAzQEc2VjA01lZGlhU2VjdGlvbkxpc3QEdmVyAzI3YzIxMmUwLWJiZDMtMTFlMi04M2Q3LTQ0NDg0YzNhMTM2OQ--;_ylg=X3oDMTFkcW51ZGliBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3BtaA--;_ylv=3

Stocks Poised To Retreat From Record Highs

http://finance.yahoo.com/blogs/hot-stock-minute/u-markets-reopen-record-high-april-retail-sales-110138228.html;_ylt=AlvFqtBanSI_VEItJLNVj_miuYdG;_ylu=X3oDMTQxODNmbnV2BG1pdANIb3QgU3RvY2sgTWludXRlBHBrZwM3MWI4M2IxNC04OWQ5LTMzNDMtODAwNy1hMjM1NDM3ODUzYTAEcG9zAzMEc2VjA01lZGlhU2VjdGlvbkxpc3QEdmVyA2E2M2ZkMzc0LWJiYmQtMTFlMi1iZjdmLTZhMzRhOTBhYjRlMw--;_ylg=X3oDMTFkcW51ZGliBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3BtaA--;_ylv=3

JPM CEO Jamie Dimon Threatens To Quit

http://finance.yahoo.com/blogs/hot-stock-minute/dimon-threatens-quit-post-cereal-jumps-ahead-earnings-105918587.html;_ylt=AsI633wPjxNP4ujbqDv2lzqiuYdG;_ylu=X3oDMTQxOTV1aHFpBG1pdANIb3QgU3RvY2sgTWludXRlBHBrZwM5YTk5NzY0MC0wOWE1LTNhNmItYWZmOC1hZTk2YjZhNDU4OTkEcG9zAzIEc2VjA01lZGlhU2VjdGlvbkxpc3QEdmVyA2IyYWMzNzI0LWJiYmQtMTFlMi1iZjY5LTk4MTYxMWIxZThjNg--;_ylg=X3oDMTFkcW51ZGliBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3BtaA--;_ylv=3

Fed Prepping Markets For An End To QE?

http://finance.yahoo.com/news/fed-prepping-markets-end-qe-060957305.html;_ylt=AlDyRbkynhXRimHo18tMVESiuYdG;_ylu=X3oDMTQ4ZzRkOWd1BG1pdANDTkJDIFRvcCBTdG9yaWVzBHBrZwM1ZWM5MjFhOC1iOTgzLTMyNzItYjQ3YS03ZWI1YjZmMmZmNGYEcG9zAzUEc2VjA01lZGlhQkxpc3RNaXhlZExQQ0FUZW1wBHZlcgNhN2RjMDFhNC1iYjk5LTExZTItYmZmYS03NTJlYjdkNTQzYzA-;_ylg=X3oDMTFkcW51ZGliBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3BtaA--;_ylv=3