Economy News for Thurs 3 May 2012

[Cheryl Nelson]

Roubini:  Expect Stagnant US Economy In 2013

http://www.wnd.com/2012/05/roubini-expect-stagnant-u-s-economy-in-2013/

America's Safest Long-term Investment Is Gold

http://www.zerohedge.com/news/americas-safest-long-term-investment-gold-gallup

Gold Price Drops Three Straight Months For First Time Since 2001

http://www.forbes.com/sites/greatspeculations/2012/05/03/gold-price-drops-three-straight-months-for-first-time-since-2001/

US Economy Faces "Fiscal Cliff":  Fed Officials

http://www.cnbc.com/id/47246646

Stocks Drop With Commodities On Service Growth Slowdown

http://www.bloomberg.com/news/2012-05-03/kiwi-falls-to-three-month-low-on-jobs-korean-stocks-slip.html

Wall Street Drops Before Jobs Data

http://finance.yahoo.com/news/stock-index-futures-point-higher-084235402.html;_ylt=AiGr49MDDQ2hydKj6kcm8xqiuYdG;_ylu=X3oDMTQzNWxtbDhsBG1pdANGaW5hbmNlIEZQIEp1bWJvdHJvbiBMaXRlBHBrZwNlZWNjNDE2Mi1mYjM2LTM4MWUtOTdiNy0zYTQ4MTU1OTY2MDUEcG9zAzEEc2VjA2p1bWJvdHJvbgR2ZXIDZTBmOGI5NTctOTU0ZS0xMWUxLWJmZGYtODc5ZWY4YjdjZTBl;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

April Turns Weak For Retailers

http://finance.yahoo.com/news/apparel-sales-stay-strong-april-120537682.html;_ylt=AlccM3Prd8WorQo60uwsGxCiuYdG;_ylu=X3oDMTQ0cnZucHQ5BG1pdANGaW5hbmNlIEZQIFRvcCBTdG9yeSBSaWdodARwa2cDZjQ1ODA2NmItZjQ3ZC0zMGNlLWE4OWEtYzY0ZjBjMmNhY2NkBHBvcwMzBHNlYwN0b3Bfc3RvcnkEdmVyAzJjM2Q2MWYwLTk1NTMtMTFlMS05MzM1LWJlNThlYTc5ODNiYQ--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

Jobs Report Preview:  Traders Fear Evidence Of A Downtrend

http://finance.yahoo.com/blogs/breakout/jobs-report-preview-traders-fear-evidence-downtrend-120908411.html;_ylt=AvlQzljX090VC9ayn_1im3OiuYdG;_ylu=X3oDMTQwYjlraWtwBG1pdANGUCBCcmVha291dARwa2cDYzE1MGMxNTUtODA1ZC0zZGNkLTgwZDMtNzU0NjgzYjdiMTM2BHBvcwMzBHNlYwNNZWRpYVNlY3Rpb25MaXN0VGVtcAR2ZXIDYjk0OTdhYTAtOTUyMy0xMWUxLWJlYmItM2E4MjM1ZGFlY2Y0;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3