Noteworthy Financial Stories for December 4

Economy
Obama Says Nation Has ‘Long Way to Go’ for Recovery
http://www.bloomberg.com/apps/news?pid=20601087&sid=aZdxOx9RaRKY&pos=8

Job Drought in U.S. Almost Over as Temporary Help, Hours Surge
http://www.bloomberg.com/apps/news?pid=20601087&sid=ank4ZC8I3r6E&pos=3

Orders to U.S. Factories Increased 0.6% in October
http://www.bloomberg.com/apps/news?pid=20601068&sid=ambENrAqB_GQ

NBER’s Hall Says Recession May Be Over, Precise Month in Doubt
http://www.bloomberg.com/apps/news?pid=20601087&sid=a4vZyoOwR6BU&pos=1

NonFarm Payrolls Estimates Before Today's Announcement - Every Firm Missed This One
http://ftalphaville.ft.com/blog/2009/12/04/87181/payroll-friday-the-goldman-take/

Stock Markets
Emerging markets aren’t a bubble
http://blogs.reuters.com/felix-salmon/2009/12/04/emerging-markets-arent-a-bubble/

FPA’s Rodriguez Flouts ‘Small Mind’ Investor Rules to Top Funds
http://www.bloomberg.com/apps/news?pid=20603037&sid=arQR.jbVgmFE

Too Soon to Declare the End for Cult of Equities
http://www.tradersnarrative.com/too-soon-to-declare-the-end-for-cult-of-equities-3272.html

Beyond Shiller P/E Ratios
http://ftalphaville.ft.com/blog/2009/12/01/86471/beyond-shiller-the-pe/

Is Profitibility or Technicals Driving Equity Markets?
http://www.ritholtz.com/blog/2009/11/is-profitibility-or-technicals-driving-equity-markets/

Futures
Gold gets hammered on jobs data
http://blogs.reuters.com/rolfe-winkler/2009/12/04/gold-gets-hammered-on-jobs-data/

Managed Futures - The Only Way To Manage Your Future
http://www.lawrencegmcdonald.com/2009/12/managed-futures-the-only-way-to-manage-your-future/

CRE
Forecast: Construction industry weak through 2010
http://cincinnati.bizjournals.com/cincinnati/stories/2009/11/30/daily44.html?ed=2009-12-04&ana=e_du_pub