Noteworthy Financial Stories for February 3

ADP Says U.S. Companies Cut Estimated 22,000 Jobs
http://www.bloomberg.com/apps/news?pid=20601087&sid=a01taizONkz8&pos=2

Stocks Plunge Risk at Highest Since April 1984, Survey Finds
http://www.bloomberg.com/apps/news?pid=20601087&sid=a7MG6IzewL1E&pos=4

U.S. May Lose 824,000 Jobs as Employment Data Revised: Analysis
http://www.bloomberg.com/apps/news?pid=20601109&sid=aNSc0oQ0vb4M&pos=10

Treasury Dealers Say Direct Bids Risk Upending Auction Process
http://www.bloomberg.com/apps/news?pid=20601109&sid=a0vf2Ix0StIY&pos=11

Service Industries in U.S. Expanded in January
http://www.bloomberg.com/apps/news?pid=20601068&sid=aU_aynWLkGNk

El-Erian Says Retreat in Stocks Will Worsen as Economy Slumps
http://www.bloomberg.com/apps/news?pid=20603037&sid=aKp04HpeyeLU

Quants’ Risk-Free Ideas Sink Market, Cause Ruin
http://www.bloomberg.com/apps/news?pid=20601039&sid=aMRiMr8h44tg

China Stocks Volatility Index Jumps Most in 14 Months
http://www.bloomberg.com/apps/news?pid=20601084&sid=aJQkdzG9TcLo

Ironwood Cuts IPO by 30% in Biggest Reduction of 2010
http://www.bloomberg.com/apps/news?pid=20601084&sid=aETgGvtnSMo8

The erstwhile openess of emerging markets, chart du jour
http://ftalphaville.ft.com/blog/2010/02/03/140356/the-erstwhile-openess-of-emerging-markets-chart-du-jour/

Faber lashes out — again
http://ftalphaville.ft.com/blog/2010/02/03/139991/faber-lashes-out-again/

CREDIT SUISSE: BUY THE DIPS – THE BEAR ISN’T HERE YET
http://pragcap.com/credit-suisse-buy-the-dips-the-bear-isnt-here-yet

Never short a country with $2 trillion in reserves?
http://mpettis.com/2010/02/never-short-a-country-with-2-trillion-in-reserves/

In Coke We Trust
http://online.wsj.com/article/SB10001424052748703389004575033273534678554.html

A Simple Guide For Job growth
http://blogmaverick.com/2010/01/31/the-simplicity-test-a-simple-policy-guide-for-job-growth/

Flush REITs Have Loads of Cash, Little to Spend It On
http://online.wsj.com/article/SB10001424052748703338504575041441730042712.html?mod=dist_smartbrief

Small Investors Lost It All in Memphis
http://online.wsj.com/article/SB10001424052748703338504575041713093913680.html?mod=WSJ_article_MoreIn

Spurned by Banks, Builders Look Elsewhere
http://online.wsj.com/article/SB10001424052748703338504575041392601534552.html?mod=WSJ_newsreel_realEstate

The Art of Bold Innovation
http://www.openforum.com/idea-hub/topics/innovation/article/the-art-of-bold-innovation-laurel-delaney

Know Your Ratios
http://www.openforum.com/idea-hub/topics/money/article/know-your-ratios-steve-viuker

Five Strategies for Preventing a Cash Flow Disruption From Destroying Your Small Business
http://www.openforum.com/idea-hub/topics/money/article/five-strategies-for-preventing-a-cash-flow-disruption-from-destroying-your-small-business-trent-hamm

Guest Post: A Look At Mutual Fund Flows
http://www.zerohedge.com/article/guest-post-look-mutual-fund-flows?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29

Picture du Jour: GDP – what it really looks like
http://www.investmentpostcards.com/2010/02/03/picture-du-jour-gdp-%e2%80%93-what-it-really-looks-like/

What Is the Yield Curve Telling Us?...And Should We Have Listened?
http://www.clevelandfed.org/research/trends/2010/0210/01monpol.cfm