Reuters Money: Finding value when the market misbehaves

	Click to View in Browser 06/18/2013 Finding value when the market misbehaves CHICAGO (Reuters) - Traders are nervous as Wall Street waits for the Federal Reserve to reveal its next quantitative easing move. Last week marked the third week out of the last four in which major indexes turned negative. Inflation data points to firming economy WASHINGTON (Reuters) - Consumer prices rose in May and a gauge of underlying price pressures showed signs of stabilizing after a long decline, a potential comfort to Federal Reserve policymakers who would like to see stronger inflation. Housing starts miss expectations, but overall tone upbeat WASHINGTON (Reuters) - Housing starts rose less than expected in May, likely reflecting labor and material constraints, but the overall trend remained consistent with strength in the housing market. Swiss parliament stalls progress of U.S. tax deal ZURICH (Reuters) - Switzerland's lower house of parliament has stalled the government's bid to protect the country's banks from criminal charges in the United States for helping wealthy Americans to evade tax. Spendthrift elite signals equity slide, behavioral experts warn LONDON (Reuters) - Record prices at art auctions in recent weeks and oversubscribed holidays by private jet are among signals that a stock market slump is approaching, if followers of behavioral finance are to be believed. Astor's son, 89, going to New York jail after losing mercy plea NEW YORK (Reuters) - The 89-year-old son of late New York socialite Brooke Astor on Monday lost a final plea that because of old age and illness he should avoid prison time for his conviction on charges he cheated his ailing mother before her death. British private bank goes the extra furlong for clients LONDON (Reuters) - When Royal Ascot gets under way on Tuesday, the race meeting's official bank will be continuing a tradition almost as old as the event that remains one of the highlights of the British aristocracy's Social Season. Investors doubt U.S., European governments can cut debts by 2016: poll LONDON (Reuters) - Governments in the United States and Europe will not be able to significantly cut their debts in the next three years, a large majority of investors believe, according to a poll published on Monday. EU tax chief urges Swiss to end bank secrecy BERNE (Reuters) - The European Union official in charge of tax policy tried to persuade Switzerland on Monday to agree to surrender more information about clients of its big banking industry as part of a drive to combat tax evasion. The best place to work after age 50? NIH, says AARP CHICAGO (Reuters) - Phil Lenowitz works in Bethesda, Maryland, but a year ago he moved to Asheville, North Carolina. At age 63, Lenowitz spends three weeks each month in Bethesda, where he is deputy director of human resources at the National Institutes of Health (NIH), and one week in Asheville with his wife Peggy, 62. Related Video How to play banker on the web Big dividends can mask big risks - Money Clip Business News Wall St. edges up at open ahead of Fed meeting Housing starts miss expectations, but overall tone upbeat The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend