Econintersect: All major European markets except Stockholm were up 1% - 3% Tuesday as concerns over Egypt eased somewhat. Stockholm closed essentially even (-0.03%).
Source: Yahoo Finance
Bloomberg Businessweek: Australian manufacturing contracted in January for a fifth straight month as measures of inventories, wages and supplier deliveries declined, a private survey showed.
Econintersect: From the President on down, politicians continue to mouth the importance of jobs growth. This did not start with the Obama Administration - but has been front and center for over 100 years.
The BLS's Business Employment Dynamics Summary for the 2Q2010 highlights the dysfunction between words and results. One chart particularily shows this dysfunction.