Credit

• The Swelling Sea of Global Credit Valeo Financial Advisors
• U.S. Commercial bank credit 02/13: Total credit & Treasuries down, C&I and consumer lending steady. Chicago Fed

U.S. Economy

• The mandated federal spending cuts, known as the sequester, are only days away CBS
• January FOMC meeting minutes note modestly improving economy, lessening of downside risks to outlook The U.S. Federal Reserve via Atlanta Fed
• Housing starts fell in January to an annual rate of 890,000; the rate in January 2012 was 720,000 Chart: FRED

Consumers

• More than half of American consumers say they have two or more unused cell phones in their household Marketwatch
• How much does your latte cost? A comparison of Starbucks’ coffee prices across cities from The Wall Street Journal