Americans are surpisingly optimistic, polls show: An AP/GFk survey (.pdf) finds that for the first time in four years, most Americans think we're headed in the right direction. Gallup says consumer sentiment continues to improve. And Pew finds 60% think Obama's got his head around the economy.
Graham and Dodd Investor: And HSBC's collapse could impact the nascent recovery in China, the modern "Germany," thereby bring about the modern "1931."
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Graham and Dodd Investor: HSBC could be the next Credit Anstalt. The Austrian bank's collapse in 1931 destroyed the Germany; turned the recession into a Depression
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