Meet Mr. & Ms. Thrifty Who Are Deep In Debt Elaine Meinel Supkis. Shreds a CNN Money article.
Gold Bulls `Running for Cover’ Signal Price Drop: Chart of Day Bloomberg and Speculation Over, Gold Going to $600: Fund Manager CNBC (hat tip reader Saboor)
Economic consequences of falling oil prices Jim Hamilton, Econbrowser
Misguided game of SOx and NOx played for high stakes John Dizard, Financial Times
Why Downey Financial is Not IndyMac Institutional Risk Analytics
Did the Stimulus Package Actually Stimulate? Macroblog. Other economists like Gary Shilling have come to the same conclusion, that the stimulus package in fact did not do much, but this is a particularly nice, balanced reading of the tea leaves.
Back to the Future: Are Banks Getting Religion? Roger Ehrenberg
Antidote du jour: