Bondhead News Archive

March 16 – March 31

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03/16 Public Administration is Economic Chaos Ludwig von Mises Institute / Ludwig von Mises Remarks Before The Independent Community Bankers Assoc. FDIC Age bias? Just keep quiet, kid Denver Post / Al Lewis Investors watching bond yield Knight Ridder via Dallas Fort Worth Star Telegram / Danielle DiMartino The Spanish dishonoured their dead Telegraph via Real Clear Politics Indian firms drain Western brains BBC News / Zubair Ahmed Goodyear delays business report's release AP via Seattle Post Intelligencer Utah officials under fire for deal to send welfare calls to India AP via Mercury News Ineffective Fed Boston Globe / Steven Syre UK: Housing shortage leads to price hike Guardian / Sandra Haurant Customer confusion over credit card rates Guardian / Sandra Haurant Treasury Notes Surge as Fed Seen Delaying Interest Rate Rise Bloomberg Mexico One-Month Treasury Bill Yield Rises to 6.59% Bloomberg / Inti Landauro Easy Money in Stock Market? There's No Such Thing Bloomberg / Chet Currier Fed Says It Can Be `Patient,' Holds Bank Rate at 1% Bloomberg FOMC Statement Federal Reserve Board Spanish economy looks able to weather storm IHT / Eric Pfanner Greenspan loses his fear of huge deficits NY Times via IHT / Edmund L. Andrews Fat People Beware -- Government Wants to Help Bloomberg / Andrew Ferguson IL: How many dead Chicagoans will vote? Chicago Sun Times via Newsmax / Abdon M. Pallasch Fund Board Directors Held Accountable AP via Newsday / Marcy Gordon Why the rich rule the land of the free Guardian via Taipei Times / Linda Colley Market Commentary Prospector Asset Management via Safehaven / Leonard Kaplan Should You Buy What China Buys? Tomorrows Gold via Safehaven / Marc Faber Rouse sells $500 million in debt Washington Business Journal UK: Rail issue steals show while telcos, autos gain Reuters / Anna Peltola The U.S. Global Empire Lew Rockwell / Laurence M. Vance Cut the Talk — and the Spending National Review / Veronique de Rugy Ford focus The Economist OH: If it's any consolation, our gasoline costs less Akron Beacon Journal / Jim Mackinnon Bond prices flat prior to Fed meeting AP via St Paul Pioneer Press Greenspan Should Take Page From Trichet's Book Bloomberg / Caroline Baum Still 'patient' at the Fed? CNN / Kathleen Hayes U.S. Home Starts Fell 4% in February to 1.855 Million Bloomberg Lehman Profit More Than Doubles on Bond, Equity Sales Bloomberg Soybean futures surge Bloomberg via Minneapolis Star Tribune At That Time, Kozlowski Was Not a Crook Forbes / Dan Ackman CA: State's citrus growers lose bid for U.S. aid Sacramento Bee / Michael Doyle `Dragon's Head' May Intensify U.S. Jobs Exodus Bloomberg / Andy Mukherjee Central Bank Gold Agreement Renewed Millennium Bullion Fund via Safehaven / Nick Barnisheff

03/17 Kerry takes both sides US News / Michael Barone Eurozone inflation lowest for four years in February AFP via EU Business Chairman Hubbard? National Review / Larry Kudlow Don't Expect Fed To Limit Banks' Bad Behavior Washington Post / Steven Pearlstein Charts, traders agree dollar future in Fed's hands Reuters via Forbes / John Parry At $44.7M, Weill’s Pay is No. 1 on Street NY Post / Jenny Anderson New Mess at B of A NY Post / Christopher Byron Merrill Lynch’s Ambition Bond Buyer / Susanne Walker SEC Seeks High-Yield Price Data Bond Buyer / Jacob Fine and Lynn Hume CA: Buyers try to adjust Orange County Register / Hang Nguyen Consumer debt loads at record USA Today / Barbara Hagenbaugh Fannie Mae statements questioned Reuters via CNN CA: Median Home Price in O.C. Rises 23.7% LA Times / Arlene Martinez AZ: Home resales hit records Arizona Republic / Catherine Reagor-Burrough Brazil Unexpectedly Cuts Benchmark Rate to 16.25% Bloomberg / Carlos Caminada Canada Ten-Year Bond Rises as Inflation Data May Spur Rate Cut Bloomberg / Joshua Krongold Fund reforms ... a game of chicken? CBS Market Watch / Paul B. Farrell CA: Jobless may get benefits extended Contra Costa Times / George Avalos Election Math National Review / Terry Eastland What Is Japan Really Saying About the Yen? Bloomberg / David DeRosa In awkward dance, GOP embraces both deficit reduction and tax cut San Diego Union Tribune / Alan Fram U.S. states demand KPMG give up $146 mln from MCI Reuters / Justin Hyde and Joan Gralla Snow suggests U.S. jobs undercounted Reuters Speech by Chairman Greenspan on Banking Federal Reserve Board / Alan Greenspan Declining dollar brings foreign tourists AP via Baltimore Sun UK: Bank unanimous over steady rates BBC News In Brazil, Chafing at Economic Restraints NY Times / Tony Smith 3 Banks Had Early Concern About WorldCom Finances NY Times / Gretchen Morgenson PPI delay finally ending CNN / Mark Gongloff Feds keep rate low, 1973 memories aglow Philadelphia Inquirer / Andrew Cassel Greenspan Says U.S. Banks in Good Shape AP via Newsday / Martin Crutsinger Oil prices surge to 13 year high BBC News Communication breakdown? CNN / Paul R. La Monica You May Owe Money If Your Bonds Were Called in 2003 Bloomberg / Joe Mysak Fed Sober Reality -- It's Not Just Jobs, But Wages Bloomberg / John Berry Treasury yields hold near 8-mth lows on CPI data Reuters Refinancing demand soars 40% Reuters via CNN Wobbles in the alliance The Economist CA: A health coverage mecca no more Sacramento Bee / Lisa Rapaport Japan Wields Own Weapon of Mass Destruction Bloomberg / William Pesek Jr. Navigating an Exciting and Unstable External Environment Pimco / Mohamed A. El-Erian $1Bln Soviet Debt Swap Completed Bloomberg via Moscow Times Russia: Web Use Growing 40% a Year Moscow Times / Denis Maternovsky Brown prepares 'stability' Budget BBC News

03/18 Kaiser's Major Operation Bond Buyer / Rich Saskal Saudi Economy Defies Terrorism Fears NY Times / Simon Romero Housing boom faces global meltdown Scotsman via Prudent Bear Questioning Free Trade Mathematics NY Times / Jeff Madrick TX: Even rich are losing homes Dallas Morning News / Danielle DiMartino China: Behind the mask The Economist Shift in Congress hits defense stocks Boston Globe / Stephen J. Glain U.S. to look a lot like California by 2050 S. F. Chronicle via Stateline.org / Katherine Seligman Fuel costs drive up inflation NY Daily News / Tom van Riper Congress watchdog sees GSE subsidies at $23 bln/yr Reuters Foreign central banks still buying U.S. debt – Fed Reuters Fund managers bearish on path of global economy Contra Costa Times / Alexis Xydias and Kotaro Miyata Greenspan: Business lending can boost economy San Diego Union Tribune / Dean Calbreath Fed noted loose policy risks Reuters via CNN Major U.S. airlines have little luck raising fares Reuters / Meredith Grossman Dubner WI: State jobless rate exceeds national figure Milwaukee Journal Sentinel / Joel Dresang NV: Credit ratings for state remain good Las Vegas Sun / Cy Ryan IL: Doctors risk practicing without costly insurance Chicago Tribune / Bruce Japsen Tyco Trial: The Story Of Abe Lincoln's Dog Forbes / Dan Ackman PPI jumps; has inflation arrived? CNN / Mark Gongloff Liberty currency is sounder than a dollar, users say Des Moines Register / William Ryberg Slower population growth could have dual impact USA Today / Barbara Hagenbaugh U.S. Files WTO Complaint Against China on Chip Tax Bloomberg Business Outlook Survey Federal Reserve Bank of Philadelphia The Folly of Fed Interest Rates Lew Rockwell / Rep. Ron Paul, MD Fed noted loose policy risks Reuters via CNN UK: NAPF: Conference told swaps are the future for pension funds Pensions and Investments Europe Running out of options CNN / Paul R. La Monica Soybeans Exceed $10 as Rains Fail to Help South American Crops Bloomberg / Jeff Wilson 30-Year Mortgages Approach 2003 Rates AP via ABC News Gold Futures Rise to One-Month High as Dollar Falls Against Yen Bloomberg / Claudia Carpenter A question of perspective The Economist U.S. March Philadelphia Fed Factory Index Falls Bloomberg / Carlos Torres The gambler The Economist Treasuries Fall as Producer Prices Rise and Jobless Claims Drop Bloomberg / Heather Bandur Disappointed About Jobs? Lower Your Expectations Bloomberg / Caroline Baum Painful for some, but hardly a crisis The Economist Ice age to warming - and back? Christian Science Monitor / Peter N. Spotts UK: Euro decision put off until after election Guardian / Mark Milner Ready to rise? Deflation is now a dropped topic Minneapolis St. Paul Star Tribune / Mike Meyers Author envisions less structured work world Boston globe via Omaha World Herald Australia: Stats muffle sound of bubble bursting Sydney Morning Herald / Alan Kohler Number of jobless is at lowest since 1975 Telegraph / Edmund Conway U.K. plan for budget lifts public spending IHT / Eric Pfanner Japan changes tune on sales of currency Bloomberg and Reuters via IHT Yen Surges on Speculation Japan May Restrict Its Currency Sales Bloomberg Russia: Did Soros Finally Exit Svyazinvest? Moscow Times / Valeria Korchagina Ex-Qwest official says he cheated to push deal through AP via Denver Post / Jon Sarche

03/19 The Return Of The Treasury Bond Rally Forbes / Barnard Condon Americans are wealthy again, and that may signal trouble Milwaukee Journal Sentinel via Prudent Bear / Tom Saler UK: NAPF: Bank of England warns of risks in search for yield Investment and Pensions Europe Argentina's Paper-Money Mire Ludwig von Mises Institute / Grant M Nülle The Deficit Debate Is a Charade National Review / Daniel J. Mitchell Certified public amnesiacs Denver Post / Al Lewis High fuel costs smack Continental Houston Chronicle / Bill Hensel, Jr. U.S.-China trade: Is the honeymoon over? UPI / Dar Haddix CSFB Investigates MBS Loss Bond Week / Gowri Gurumurthy CDO Originators Take Their Time Bond Week / Scott Goodwin Jumbo Bonds Are Back CFO.com / Stephen Taub CA: Water prices could rise as contract renewals loom Wall Street Journal via Contra Costa Times / Jim Carlton NV: Bingo now beamed into U.S. homes Las Vegas Sun / Liz Benston U.S. 10-Year Treasury Notes Drop: Traders Say Yields Too Low Bloomberg Billions at stake in Internet tax debate Stateline.org / Pamela M. Prah Increasingly, American-Made Doesn't Mean in the U.S.A. NY Times / Louis Uchitelle As Oil Futures Set New Highs, Should Investors Start to Fear Inflation? NY Times / Floyd Norris The Rise of Man Global Investor via Institutional Investor Taiwan And Bank Mergers: Flavour Of The Year Asiamoney via Institutional Investor / Dominic Jones IA: Farmland prices rise 10%, near levels of 1980s Des Moines Register / Jerry Perkins CO: Housing construction still in decline Denver Post CA: Higher fuel costs may spur businesses to cut jobs or charge more San Diego Union Tribune / Conor Dougherty China signs $20 billion Iran gas deal AP via Charlotte Observer SEC eyes banks in bond sale inquiry Bloomberg via Boston Globe Fed voted to change wording in January to gain flexibility AP via Boston Globe United isn't ready to leave bankruptcy AP via Baltimore Sun What do Fed officials really think? CBS Market Watch / Rex Nutting Oil prices climb again, closing at $38.08 Reuters via Houston Chronicle Tech IPOs off to sluggish start CNN / Paul R La Monica Russia: Putin pledges sweeping tax reform BBC News Bush-Cheney to sell only U.S. goods Newsday / Lauren Weber Low-carb bubble about to burst? CNN / Parija Bhatnagar Bonds mixed amid al Qaeda wait CNN US Treasuries vulnerable to rumors, profit-taking Reuters via Forbes The Fed Substitutes Flexibility for Transparency Bloomberg / Caroline Baum Low Interest Rates Threaten Best-Laid Money Plans Bloomberg / Chet Currier Municipalities Get Another Shot at Johnson-Era Rates Bloomberg / Joe Mysak With Bush in charge, taxes may still rise Christian Science Monitor / David R. Francis Dollar falls as meddling by Tokyo ebbs Japan Times Is inflation ready for a revival? IHT / Floyd Norris Russia: Oil From China Impounded Reuters and MT via Moscow Times China's `Patriot Games' Should Worry Markets Bloomberg / William Pesek Jr. As price rises, Washington debates whether to save oil or sell it NY Times via IHT / Matthew L. Wald Increasingly, American-Made Doesn't Mean in the U.S.A. NY Times / Louis Uchitelle

03/20 CA: Traders talk of 'cha-ching' LA Times via Houston Chronicle / Elizabeth Douglas Global trade talks begin to gather momentum Toronto Star / David Crane It's not just EU: Many foes want a piece of Microsoft AP via Seattle Post Intelligencer / Allison Linn Kerry Tied With Bush in Newsweek Poll, Each With 48% Support Bloomberg / Laurence Arnold Australian Dollar Has Weekly Gain on Prospect Exports Will Rise Bloomberg / Chris Young Airlines probed on loan dealings Reuters via CNN High prices not likely to let up anytime soon Washington Post via Minneapolis St Paul Star Tribune / Kenneth Harney WA: Retailers hope to cash in on refunds Seattle Post Intelligencer / Christine Frey CA: Outsourcing spawns tour to protest job losses San Jose Mercury News via Contra Costa Times / Karl Schoenberger MD: Inflation seen tame despite gas price rise Boston Globe / Stephen J. Glain and Thomas Grillo European Bonds Have Weekly Gain; Growth Falters, Rate Cuts Seen Bloomberg / Lianne Gutcher Yen Has Biggest Weekly Rally Against Dollar in Four Years Bloomberg / John Beresford-Peirse and John Brinsley Global jitters lift commodities Chicago Tribune Tyco Deliberations End Without Verdict AP via Baltimore Sun / Samuel Maull GOP offensive targets trade, factories, jobs South Florida Sun Sentinel / Doreen Hemlock CA: S.D. ranks low in report on housing San Diego Union Tribune / Roger M. Showley Japanese 10-Year Government Bonds Fall for Third Week in Four Bloomberg / Keiko Ujikane NY: Nassau retirement plan sues mutual funds Newsday / Susan Harrigan Taiwan Dollar Falls After President Shot; Philippine Peso Drops Bloomberg / Christina Soon

03/21 Fund buying adds $8 to oil price Reuters via Chicago Daily Herald Inflation or Deflation? Euro vs Dollar Currency War Monitor via Safehaven / Alex Wallenwein CO: Specialists try to make sense of economy Denver Post / Aldo Svaldi New Europe to give reform lessons to Old AFP via EU Business Stock-market shakiness seen continuing in coming week: 'sideways to down' CP via National Post and Canada.com Trustees dispute blame for trading Miami Herald / Amy Baldwin and Rick Rothacker CA: Happy Trailers: Going mobile an option in pricey housing market Oakland Tribune / Tim Simmers Home Sweet Piggy Bank Washington Post / Michelle Singletary Social Security Isn't Doomed Newsweek via MSNBC / Jane Bryant Quinn Hi-Yo Silver? Washington Post / James K. Glassman Korea: Profits of Banks Fall 63% Korea Times / Cho Hyung-kwon Stocks Set to Churn as Attack Fears Hover Reuters / Bill Rigby Japan's currency intervention takes sinister turn in 'manga' comic CP via Canada.com / Yuri Kageyama MI: Scramble for jobs ignores some economic realities in Michigan AP via Dallas Fort Worth Star Telegram / Kathy Barks Hoffman Buyers stay adjustable AP via Louisville Courier Journal / Eileen Alt Powell Outsource vs. automate Chicago Tribune via Akron Beacon Journal / James P. Miller Young and powerful: New Europe's new class of movers and shakers AFP via EU Business MA: Cash poor and house rich Boston Globe / Bruce Mohl More money available for home loans LA Times Business, Consumer Spending Seen Rising: U.S. Economy Preview Bloomberg / Carlos Torres FDIC's guarantee has some twists and turns Chicago Tribune / Julie Jason Saudi minister frets on oil Reuters via CNN Giants of retail Baltimore Sun / Andrea K. Walker CO: Canada: big pain, big relief Denver Post / Al Lewis Some scandal-tinged funds worse than others Baltimore Sun / Charles Jaffe UK: Property is 'destroying the economy' Observer – Guardian / Nick Mathiason Atypical mortgages: smaller payments, more uncertainty Minneapolis St Paul Star Tribune / Jim Buchta Low Rates Signal Another Round of Refinancing NY Times / Jennifer Bayot March not living up to its 16 year average gain Pittsburgh Tribune Review / Gregory M. Drahuschak Serbian tycoon sues Soros outfit Observer – Guardian / Conal Walsh UK: Now how about boom and bust of the pound? Observer – Guardian / Bob Bischof Managing the Deficit With Plans to Spend NY Times / Edmund L. Andrews Litmus Test for Ethics: Options NY Times / Gretchen Morgenson Concerns Raised Over Consultants to Pension Funds NY Times / Mary Williams Walsh

03/22 Who's watching your back? Bankrate.com via Boston Herald / Laura Bruce Economic Outlook Chicago Federal Reserve Bank of Chicago / Michael Moscow These two words tip the scales Dallas Morning News / Danielle DiMartino Greed and governance UPI / Martin Hutchinson Hedge industry “inherently unstable” - NAPF's Hitchen Investment and Pensions Europe Skilling's Legal Tab Tops $23 Million CFO.com / Stephen Taub Europe's Regulators Shape Up as New Power Centers Bloomberg / Matthew Lynn German Finance Ministry Says Recovery Yet to Reach Consumers Bloomberg / Rainer Buergin The tug of inflation Christian Science Monitor / Eric Troseth U.S. fuel prices to break records by May Reuters via Forbes / Soo Youn and Erwin Seba IMF Approves $3.1B Loan for Argentina AP via ABC News NC: Rural jobless pleading for relief AP via Seattle Post Intelligencer / Martha Waggoner Deutsche names top U.S. structured credit traders Reuters  Heavy debts for a degree Newsday / Olivia Winslow 'Microsoft faces record EU fine' BBC News Fed right to stay patient on rates-Broaddus Reuters / Alister Bull Money fund assets up in latest week AP via Contra Costa Times Treasury Says No Laws Broken in O'Neill Data Release Bloomberg / Simon Kennedy and Brendan Murray Despite the Sluggish Economy, Welfare Rolls Actually Shrank NY Times / Robert Pear Will Mexican wave divide U.S.? Chicago Tribune / Ron Grossman Another sugar rush for the economy CNN / Mark Gongloff Bad Blood Lew Rockwell / Charley Reese The Power of “No” National Review / Ed Feulner The Floridazation of Taiwan Daily Standard / John J. Tkacik Jr. OPEC May Delay April Oil Cuts, Qatar, Venezuela Say Bloomberg / Sean Evers Don't ban outsourcing; create jobs Minneapolis St. Paul Star Tribune / Tom Salonek Treasuries benefit as global tension sinks stocks Reuters FedEx to sell $1.6 billion debt in three parts Reuters ICAP in government bond electronic trading alliance Reuters Our Role Within the Secondary Market Freddie Mac Japanese monetary authorities must take the risk of making sense Japan Times / Teruhiko Mano Bond Girls and Bond Boys Plug Japan's Debt Bloomberg / William Pesek Jr. Japanese Bonds Gain as Stocks Slip Amid Signs of Slower Growth Bloomberg / Chris Cooper Russia Planning First Bond Issue Since '98 Bloomberg via Moscow Times / Guy Faulconbridge and Vladimir Todres Russia: Investors Weigh Up the Putin Risk Factor Moscow Times / Daniel J. Rothstein Russia: Oil Output to Grow 11% in '05 Reuters via Moscow Times Taiwan's Stocks May Decline on Presidential Election Dispute Bloomberg / George Hsu UK still short of reaching economic nirvana Independent / Stephen King Australia: Home prices slow, no collapse Sydney Morning Herald / Peter Weekes Yen May Rise for Third Week as Demand for Japanese Stocks Grows Bloomberg / Vivianne C. Rodrigues

03/23 Why your parents are ripping you off BBC News / Laurence Kotlikoff Delegate:OPEC Must Keep Output Cut Policy Reuters via ABC News Bank of England's Large Says Debt Gain a Risk to U.K. Bloomberg / Julia Kollewe German Economy Disappoints, Threatening Pace of European Growth Bloomberg / John Fraher Japanese service industries grew 2.6% in January Bloomberg via IHT GOP leader does not want House to vote on tax cut restrictions AP via San Diego Union Tribune / Alan Fram Above-Average Economy in the Swing States Has Few Rejoicing NY Times / David Leonhardt Production costs surge for top Hollywood studio films AP via San Diego Union Tribune / David Germain Goldman Profit Rises 95% to Record on Bonds, Equities Bloomberg / Adrian Cox Fund, Foundation Execs Draw Higher Pay Bloomberg via LA Times Downgrade for Debt Backed by Rock Star Bloomberg via LA Times Illinois Fund to Trim Its Holdings at Pimco LA Times / Josh Friedman It pays to be CEO NY Daily News / Nancy Dillon Medicare could go broke by 2019 USA Today / Peronet Despeignes Fewer Americans change homes Inman News Smart growth even smarter in tough economy Inman News / Susan Ashworth HUD abruptly yanks plan to reform home closings Chicago Tribune / Mary Umberger Former Qwest Executives Seek Acquittal AP via Philadelphia Inquirer / Colleen Slevin Beef has prime year Denver Post / Steve Raabe WA: What economic recovery? Seattle Post Intelligencer / Paul Nyhan CA: Overhaul of jobless benefits proposed Sacramento Bee / Jim Evans Chicago Fed chief says low inflation will keep rates low Chicago Sun Times / Simon Kennedy and Andrew Ward Crude rises 40 cents to $37.45 a barrel Reuters via Houston Chronicle Credit Card Delinquency Hits Record High AP via Chicago Tribune / Jeannine Aversa Crude arguments Then Economist Where the (sort of) hot ones are CNN / Alexandra Twin Qualcomm grows up CNN / Paul R. La Monica The Widening Safety Net Ludwig von Mises Institute / Christopher Mayer Why Are Oil Prices So High? National Review / Frederick P. Leuffer The Game of Risk Daily Standard / Irwin M. Stelzer Job creation vexes states in a weak economy Stateline.org / Pamela M. Prah MA: Governor targets outsourcing of jobs Boston Globe via Stateline.org / Scott S. Greenberger Putnam Slow to Respond to Trading Abuses, Report Says Bloomberg / Aaron Pressman Inflation Is Only as Tame as Your Price Index Bloomberg / Caroline Baum Another attempt to tame the monopolist The Economist Bob Pozen Comes Out Swinging as Funds Cleanup Man Bloomberg / Chet Currier PA: Bank invests in job replacement Pittsburgh Tribune Review / Thomas Olson Fed chief endorses mortgage debt Bloomberg via Morning Call / Will Edward Housing Board Chief Quits Washington Post / David S. Hilzenrath Taiwan: All eyes on Washington for response to election Taipei Times / Joel Meyer Asian Investors Seek Profit in Neural `Karma' Bloomberg / Andy Mukherjee Fitch affirms its ratings for Taiwan CAN via Taipei Times With Oil Prices High, OPEC Balks at Cutting Production NY Times / Simon Romero Revised Rules on Mortgages Are Scuttled NY Times / Jennifer Bayot For Wall Street Chiefs, Big Paydays Continue NY Times / Patrick McGeehan A Russian reform hits home: mortgages Christian Science Monitor / Scott Peterson Russia: FedEx Fiasco Opens Doors for Competitors Moscow Times / Lyuba Pronina South Korea's 4th-Qtr GDP Grows 2.7 Percent, Fastest in 2 Years Bloomberg / Seyoon Kim Japan: Beef retail price hits record high Japan Times

03/24 Medicare woes no surprise Dallas Morning News / Danielle DiMartino Tax-cut architect headed for Fed? Orlando Sentinel / Susan Strother Clarke White House won't tap oil reserves to ease prices AP via Houston Chronicle U.S. Treasuries slip despite solid auction demand Reuters / Pedro Nicolaci da Costa The Fed should get on board with this economy National Review / Larry Kudlow Gold $475, as Recovery Trade Unwinds Goldenbar.com via Safehaven / Edmond J. Bugos The Division of Labor is World-Wide Ludwig von Mises Institute / Sudha Shenoy Grocers, Union Jostling Over A Broken Model Washington Post / Steven Pearlstein Labor Markets: What We Know and What We Don't Federal Reserve Bank of Boston / Cathy E. Minehan Fed patient but also vigilant on policy – Minehan Reuters Election-reform funds about to be sent to states Stateline.org / Kathleen Hunter The price of justice may be a slower-growing job market Philadelphia Inquirer / Andrew Cassel Firms must list stock options as expense Bloomberg via Seattle Post Intelligencer He’s Lan Gone NY Post / Jenny Anderson Bush chided for oil prices Washington Times / Patrice Hill Dealers fret at art bottleneck NY Post / Paul Tharp Why iPod can't save Apple Money via CNN / Stephen Gandel Sustainable Growth and Monetary Policy Federal Reserve Bank of Atlanta / Jack Guynn American job security dogs US election BBC News U.S. 10-Year Note Falls; Fed's Guynn Says Rates Won't Stay Low Bloomberg / Elizabeth Stanton Little to push currency out of recent ranges St. Paul Pioneer Press KS: Fuel costs have some industries over a barrel Wichita Eagle / Phyllis Jacons Griekspoor Trichet Stokes Talk of a Rate Cut Bloomberg / Heather Harrisand Chris Kirkham Fed's Guynn repeats warning on higher rates Reuters Palm Springs Bond Default Heads Toward Happy Ending Bloomberg / Joe Mysak Worried About Inflation? Here's a TIP Forbes / Ira Carnahan Yes, But Forget TIPS Forbes / James Grant Freddie Mac total mortgage portfolio up in Feb. Reuters Euro Has Biggest Drop in Three Weeks; ECB May Cut Interest Rate Bloomberg / John Beresford-Peirse and Vivianne C. Rodrigues US Feb durable goods orders jump 2.5 pct Reuters via Forbes / Alister Bull U.S. February New Home Sales Rise 5.8% to 1.163 Mln Bloomberg / Courtney Schlisserman and Joe Richter Goldman's asset mgmt revenues rise 67% Investment and Pensions Europe Refinancings up, even as rates rise Reuters via CNN Can Microsoft be tamed? The Economist Calpers Opposes PwC as Freddie Mac Auditor CFO.com / Stephen Taub Livable-wage jobs elusive Minneapolis St Paul Star Tribune / H.J. Cummins Russia: New Arctic Facility Will Increase Oil Flows West Moscow Times / Dmitry Zhdannikov EU Urges Russia to Ink Trade Pact Reuters via Moscow Times / Sebastian Alison Oil firms secretly finance crooked regimes Guardian / Charlotte Denny Bank of England deputy governor hints at rate rise to curb spending Guardian / Charlotte Denny and Charlotte Moore The Philippines -- Going From Bad to Worse? Bloomberg / William Pesek Jr. Japan's Debt Outlook Raised to `Stable' by S&P Bloomberg / Steve McPherson UK: fears make Bank deputy vote five times for rate rise Telegraph / David Litterick Trying to Squeeze More Oil and Gas From the Gulf of Mexico NY Times / Simon Romero Putnam Faces Big Penalties for Improper Fund Trades NY Times / Riva D. Atlas

03/25 Bonds are steady - for now Dallas Morning News / Danielle DiMartino Economic poll points to deficits, job woes USA Today / Sue Kirchhoff China demand boosts steel price BBC News Federal screeners may get the gate Washington Times / Tom Ramstack Bonds and Deflation Speculative Investor via Safehaven / Steve Saville Low Inflation Translates Into Low Mortgage Rates Freddie Mac NY: Mayor, Governor Outline $2.8B Javits, Jets Plan Bond Buyer / Michael McDonald IL: Chicago Ed Board Plans Refunding Bond Buyer / Yvette Shields Silver linings, darkening clouds The Economist Yen surges to 5-week high against dollar Reuters via Forbes / David McMahon Canada: We're each worth $125K, eh? CP via Toronto Star Forever young The Economist US Treasuries easier on inflation worries Reuters US Corp Bonds - Spreads narrow as stocks rise Reuters US junk bond funds see $208 mln weekly outflow Reuters CA: Resale home prices up 24.5 percent in year San Diego Union Tribune Crude falls $1.50 to $35.51 a barrel Reuters via Houston Chronicle U.S. House passes $2.41 trillion budget Reuters via CNN Treasury Secretary Sees Progress on Chinese Currency NY Times / Kenneth N. Gilpin Dispensing justice Boston Globe / Steven Syre UK: Bank avoiding interest rate shocks Guardian / Mark Tran Plot thickens as EU hunts for new IMF chief AFP via EU Business An optimistic job signal? CNN Change and Challenges Facing the U.S. Financial System Federal Reserve Bank of NY / Timothy F. Geithner Monetary Policy in a Time of Macroeconomic Transition Federal Reserve Board / Donald L. Kohn Rural economic issues Federal Reserve Board / Alan Greenspan Fed Sees Good News in One Closely Watched Forecast Bloomberg / John Berry N.Y. Fed: budget deficit poses risks Reuters via CNN Office occupancy costs The Economist CA: The business of homeland security The Economist Crude Oil Plunges After Kuwaiti Says OPEC Should Postpone Cut Bloomberg / Mark Shenk Bummed out? Bad time to shop CNN Are ARMs the way to go? CNN / Sarah Max Greenspan: U.S. Farms Help Consumers AP via Newsday / Martin Crutsinger CA: State looking more golden San Francisco Chronicle / Sam Zuckerman CO: Ocean Journey creditors get good news Rocky Mountain News / Janet Forgrieve Paring Away at Microsoft NY Times / Steve Lohr Oil price dips, but gasoline costs hold firm Reuters via Houston Chronicle Higher Prices Are Always and Everywhere Bad Bloomberg / Caroline Baum The Awful Truth about Republicans Ludwig von Mises Institute / Robert B. Ekelund, Jr., and Mark Thornton Existing home sales rise 2% CNN PA: Gambling costs U.S. $54B a year, author says Pittsburgh Tribune Review / Jack Markowitz There may be no more ham sandwiches wrapped into Windows Seattle Post Intelligencer / Allison Linn Taiwan: Government to resume offering 30-year bonds Bloomberg via Taipei Times UK: Consumer debt won't derail growth, Brown insists Guardian / Charlotte Denny and Charlotte Moore Australia: Greenback rebound clips dollar and most other currencies Sydney Morning Herald Melting glaciers: unexpected boost to rising oceans Christian Science Monitor / Peter N. Spotts EU bankers spur talk of lower rates in Europe IHT / Nicola Clark China's Central Bank Raises Rate for Banks NY Times / Keith Bradsher Japan's February Trade Surplus Widens 15% Bloomberg / Daisuke Takato Rupee's Rise Means India Can Cut Interest Rates Bloomberg / Andy Mukherjee Bush and Gore Have Four Lessons for Taiwan Bloomberg / William Pesek Jr.

03/26 Experts predict rise in interest rates in '05 Milwaukee Journal Sentinel / Avrum D. Lank ABN Shuffles Deck, Plans U.S. Prop Desk BondWeek / Scott Goodwin CO: States set example with green power policies Stateline.org / Kathleen Murphy IL: It's been a wonderful ride Chicago Tribune / Jon Anderson Chinese central bank hints at further tightening Bloomberg via IHT / Jianguo Jiang and Le-Min Lim Japan's Bonds Fall for Fourth Week in Five on Growth in Economy Bloomberg / Chris Cooper Shelby unveils GSE reform bill CBS Marketwatch / Matt Andrejczak Wanted: More jobs, please Reuters via USA Today / Elizabeth Lazarowitz U.S. Economy: Personal Spending, Confidence Climb Bloomberg / Carlos Torres Pension Fund Trustees Taking Aim at Safeway NY Times / Mary Williams Walsh and Jonathan D. Glater CA: Governor's Staying Power LA Times / Joe Mathews MCI cutting 7% of global workforce CBS Marketwatch Carolyn Pritchard Fed Continues on 'Patient' Path Washington Post via Prudent Bear / Nell Henderson Those Greedy Corporations Snag Record GDP Share Bloomberg / Caroline Baum Treasuries Have Biggest Drop in 2 Months on Inflation Concerns Bloomberg / Elizabeth Stanton Kerry Proposes Corporate Tax Cuts to Spur Job Growth Bloomberg / Richard Keil and Ryan J. Donmoyer Plagued by infighting, Tyco jury sent home AP via Baltimore Sun Russia: Gref Now Says GDP to Grow 6.4% in '04 Reuters, AP & MT via Moscow Times  Outsourcing: Long-term gains for all BBC News / Kaushik Basu CA: Teens' job prospects bleakest in decades LA Daily News / Dana Bartholomew UK: Boots pension costs rise as bond yields fall Investment and Pensions Europe UK funds seen buying asset-backed securities Investment and Pensions Europe UK: Bank's fear for exports hits sterling Telegraph / Edmund Conway Greenspan pleads cold, cancels speech on Friday Reuters Former Dynegy Executive Gets 24 Years CFO.com / Dave Cook Refinancing beats sell-and-move-up game Inman News / Samantha Peterson U.S. 10-Year Treasury Note Falls as Core Price Index Rises Bloomberg / Robert Burgess Expansionist Mentality National Review / David Malpass Weak Stocks in a Strong Economy Tell an Old Story Bloomberg / Chet Currier CA: Demand for homes is red hot Sacramento Bee / Andrew LePage TX: Feeling the SQUEEZE? Dallas Fort Worth Star Telegram / Teresa McUsic Bondholders Need to Know When to Hold `Em, Fold `Em Bloomberg / Joe Mysak Revived to die another day? The Economist The ripple effect of prices at the pump Christian Science Monitor / Alexandra Marks China making efforts to cultivate middle income class People’s Daily Australia: Dollar falls as euro zone eyes rate cuts Sydney Morning Herald Strong dollar vow by Snow Gulf Daily News Crude Oil to Stay Near $30 This Year on OPEC Restraint, Economy Bloomberg / Stephen Voss U.S. 10-Year Note May Fall for a Third Day on Faster Inflation Bloomberg / Beth Thomas Japanese Bonds Plunge as Nikkei 225 Rises to Near 22-Month High Bloomberg / Chris Cooper

03/27 Fortune cookies for the few BBC News / Fuchsia Dunlop Monetary Policy Modeling: Where Are We and Where Should We Be Going? Federal Reserve Board / Ben S. Bernanke FL: Florida ranks No. 1 for jobs Orlando Sentinel / Jack Snyder Piece of island dear as Hawaii market booms AP via Houston Chronicle / Matt Sedensky Limited refinery expansion means higher gas prices Houston Chronicle / Nelson Antosh As Gas Prices Rise, So Do Thefts at Pump AP via Chicago Tribune / Mark Niesse EU leaders agree they have missed key economic targets IHT / Paul Meller Lapping up luxury Knight Ridder via St Paul Pioneer Press / Matt Stearns Precious platinum Toronto Star Yen Rises for Third Week as Japan Economic Recovery Gains Steam Bloomberg / John Beresford-Peirse and Vivianne C. Rodrigues NY: Bidding Wars Return to N.Y. Real Estate Reuters via ABC News / Ilaina Jonas Will outsourcing actually benefit an anxious U.S.? Dallas Morning News / Crayton Harrison $6 Billion Loan Deal by Freddie Mac Examined by U.S. NY Times / Alex Berenson Gas prices are OK -- if you adjust for inflation Minneapolis St Paul Star Tribune / Mike Meyers Japan: Diet passes 82 trillion yen '04 budget Japan Times / Tetsushi Kajimoto Japan: Deflation maintained grip on Tokyo in fiscal '03 Japan Times

03/28 When choosing bond items, consider needs vs. wants Arizona Daily Sun / Jean Richmond-Bowman MCI's layoffs partly blamed on no-call lists Denver Post / Kris Hudson Low rate of return, high rate of deposit Minneapolis St Paul Star Tribune / Chris Serres Business travelers back on a budget Minneapolis St Paul Star Tribune / Liz Fedor Still Riding High NY Post / Gregg Wirth Options in for an overhaul San Francisco Chronicle / Kathleen Pender Gas prices hit new record high with no end in sight AP via Contra Costa Times / Tim Molloy Outside the box of offshoring Philadelphia Inquirer / Jeff Brown Wall Street focused on jobs report CNBC and MSBC / Roland Jones Japan Ends Currency Intervention Reuters via ABC News Pension pugs pack a mean left hook Baltimore Sun / Jay Hancock Election likely to mean altered trade policies Chicago Tribune / Bill Barnhart Where are the jobs? Chicago Tribune MCI execs cover tracks on layoffs Denver Post / Al Lewis Rally hinges on hiring CNN / Alexandra Twin Handwriting's on Wall: Soft Quarter Wall Street Journal via Denver Post / E.S. Browning How 'Fixing' Social Security Might Hit You Wall Street Journal via Denver Post / Greg Ip Foreign in U.S. Commercial Real Estate Reuters via ABC News / Richard Leong Opec pressed to delay cut in output Guardian / Faisal Islam and Richard Wachman Oil giants have us over a barrel Guardian / Faisal Islam CA: Sky-High Housing Hits Home LA Times / Daryl Kelley Mass. destruction: Why we lose jobs Boston Globe / Charles Stein A hopeful view of a vexing world energy situation Boston Globe / Peter J. Howe U.S. Companies Are Smart to Dig for China's Riches LA Times / James Flanigan Prices rising despite low inflation rate Chicago Tribune / Greg Burns Concept of instant gratification Pittsburgh Tribune Review / Gregory M. Drahuschak A Legacy of Rancor: Estate Fights Rising NY Times / Gay Jervey Starbucks steaming ahead with aggressive expansion plans Seattle Times / Jake Batsell KY: Whiskey sales in nation up 1.6% Louisville Courier Journal / David Goetz Some Bumps in the Road for Corporate Bonds NY Times / Jonathan Fuerbringer IL: Coal generating more interest Chicago Tribune / Melita Marie Garza U.S. fondness for beef nudges food prices higher Reuters via Forbes / Charles Abbott What Unions Can Gain From Immigration NY Times / Eduardo Porter Freddie Mac: Sounds of Silence NY Times / Gretchen Morgenson 12 angry jurors CNN MD: Baltimore isn't working because its people don't Baltimore Sun / Jamie Smith Hopkins Employers Stepped Up Hiring in March: U.S. Economy Preview Bloomberg / Carlos Torres Where to Turn When Inflation Roars Again? NY Times / J. Alex Tarquino China Slows Credit Growth; Is the Yuan Next? Bloomberg / David DeRosa

03/29 TX: Here's a model for cheap homes Houston Chronicle / Scott Burns Yen near recent peak on optimism over economy Reuters via Forbes / Hideyuki Sano Countrywide Eyes Cendant Mortgage Business NY Post / Erica Copulsky Americans shouldn't surrender on job losses Detroit News / Ruben Navarrette Japan's Jobless Rate Stays at 5.0 Percent AP via Contra Costa Times / Yuri Kageyama Foreign Investors Are Going Seoul-Searching FT via LA Times / Stephen Schurr A Fishy Approach to Fair Trade Washington Post / Sebastian Mallaby Schwab Plan Eyes PIMCO, Janus Defined Contribution News via Institutional Investor Treasury's Snow 'slips' on ladders Reuters via CNN IL: Price tide begins upward turn Chicago Tribune / Rob Kaiser US Corp Bonds- Spreads narrow as investors upbeat Reuters A judgment on Paris The Economist EU hurts itself in hurting Microsoft Boston Globe / Hiawatha Bray Stocks Rise, but Interest Rates May Dampen Enthusiasm NY Times / Jonathan Fuerbringer Japan: Hooked on China's seven percent solution Japan Times / Noriko Hama Overseas Companies Add U.S. Jobs Amid Outsourcing Row Bloomberg / Art Pine The (Out)Source of All Confusion National Review / Bruce Bartlett U.S. Treasuries sink ahead of key payrolls report Reuters / Ellen Freilich US T-bill sale sees good demand despite Japan fear Reuters Fannie, Freddie uneasy about Senate overhaul bill Reuters Tyco's Twelve Angry Men and Women CFO.com / Stephen Taub and Dave Cook How Healthy Are the Banks? Ludwig von Mises Institute / Frank Shostak U.S. Company Debt Rally Stalls; Yields Seen Reflecting Growth Bloomberg / Terence Flanagan Freddie Shareholders To Vote Board, Auditor Washington Post / David S. Hilzenrath Australia's Bonds Slump; Yields Rise Their Most in Five Months Bloomberg / Chris Young Value of UK property 'doubled in five years' Guardian Robert Rubin shuns VP talk Reuters via CNN States, leery of taxes but facing demands for services, lean hard toward more borrowing AP via San Diego Union Tribune / Robert Tanner Bond funds provide for peace of mind. . . AP via Houston Chronicle / Michael J. Martinez ECB May Move Closer to Rate Cut Amid Waning Optimism Bloomberg / Christian Baumgaertel U.S. Treasuries Decline on Speculation Japan to Slow Yen Sales Bloomberg Lula Says Brazil Economy Vulnerable Because of Debt Bloomberg / Elzio Barreto Kansas oil patch booms as pump prices soar Wichita Eagle / Phyllis Jacobs Griekspoor CO: Giving up on work Rocky Mountain / Bill Scanlon Taiwan: Do we need a recount or a shrink? Taipei Times In Tyco Trial, an Apparent Gesture Has Many Meanings NY Times / David Carr and Adam Liptak OPEC seen going ahead with cut AFP via Taipei Times Europe's stitch-up is an insult to rest of the world Guardian / Larry Elliott Next Oliver Stone Film? Taiwan's Bulletgate Bloomberg / William Pesek, Jr. Greenspan's diminishing aura Christian Science Monitor / David R. Francis Treasuries Poised to Extend Declines on Signs of Job Growth Bloomberg / Elizabeth Stanton Breaking the Brokers Newsweek via MSNBC / Daniel McGinn After the diploma, a brighter outlook Christian Science Monitor / Stacy A. Teicher Yen Pares Gain After MOF Says Its Currency Policy Is Unchanged Bloomberg / Dave McCombs Japan's Bonds May Drop; Business Confidence, Stocks May Gain Bloomberg / Keiko Ujikane Yen Poised to Extend Advance; Tankan Survey May Show Expansion Bloomberg / Daniel Moss

03/30 United Must Repay Only Denver Debt Bond Buyer / Yvette Shields Indexers still out-earning managed funds Philadelphia Inquirer / Jeff Brown Tax Enforcement Seen as Underfinanced NY Times / David Cay Johnston House Opposition To Expensing of Options Increases Washington Post / Jackie Spinner Giant, Safeway Workers Approve Labor Deal Washington Post / Michael Barbaro and Amy Joyce Fed: No harmony on raising rates Reuters via CNN Are You Really Buying American? Forbes / Jerry Flint William Tell, Tax Rebel Ludwig von Mises Institute / Adam Young IL: Red wagons rolling to China Chicago Tribune / Rob Kaiser Would you live on a waste dump? CNN / Sarah Max Starbucks on every corner? Just wait ... AP via MSNBC News WA: Crowning blow: Economy bites deep into dental care Seattle Post / Shirleen Holt Airline Outlook Gloomy Despite Demand AP via Chicago Tribune / Brad Foss Exports drive gain in South Korean production Bloomberg / Seyoon Kim Conflict diamonds 'still on sale' BBC News E-mail tough for Janus CEO to deflect Denver Post / Al Lewis Audit finds IRS often fails to collect judgments LA Times via South Florida Sun Sentinel / Kathy Kristof India: An emerging-market star Philadelphia Inquirer / Porus P. Cooper Saudi faces Gulf showdown on OPEC oil cut Reuters via Forbes / Peg Mackey and Jonathan Leff Senators ask Bush to seek OPEC production boost Reuters via Forbes Surest Bet in Investment Markets? It's a Surprise Bloomberg / Chet Currier Trade and Jobs Federal Reserve Board / Ben S. Bernanke McTeer mixes rhymes, rates Reuters via CNN Treasuries Pare Gains After Confidence Index Little Changed Bloomberg / Robert Burgess A Chilly July? Daily Standard / Irwin M. Stelzer Fed: No Speed Limits on Growth National Review / Larry Kudlow OPEC Is the Problem National Review / Jerry Taylor U.S. March consumer confidence edges down to 88.3 Reuters via Forbes KS: Wichita's job losses help sink retail sales Wichita Eagle / Dan Voorhis Kerry Plan Creates Incentives for Accountants Bloomberg / Caroline Baum SEC, NYSE Announces $242 Mln Specialist Settlement Bloomberg / Jed Horowitz Watching confidence CNN / Kathleen Hayes Japanese 10-Year Bond Futures Have Biggest Gain in Four Weeks Bloomberg / Chris Cooper Bond managers like Europe IHT / Barbara Wall UK: Warnings fail to halt record borrowing Guardian / Charlotte Denny Russia: Foreign Direct Investments Seen Hitting $14Bln in '07 Bloomberg via Moscow Times Russians Buy Gold Fields Mining Stake NY Times / Erin E. Arvedlund Growth in euro zone predicted to pick up in second half IHT / Thomas Fuller Taiwan United Daily lists reasons for deteriorating investment environment People’s Daily Russia's East Catches China Fever in a Free Trade Zone NY Times / James Brooke Japan's February Industrial Production Falls 3.7% Bloomberg A pitched battle for state legislatures Christian Science Monitor / Daniel B. Wood

03/31

Why euro rate cuts are unlikely BBC News

All eyes on Japan CNN / Mark Gongloff

The Last Battle over Options? CFO.com

NY: Gotta have milk? Now it'll cost you more Newsday / Lauren Weber

OPEC to cut production by 4 percent AP via Houston Chronicle

Customer Defections Rise at AT&T Wireless AP via Morning Call / Bruce Meyerson

CA: Governor Says Lobbyists Slow Comp Reform LA Times / Peter Nicholas and Marc Lifsher

CA: High-tech threat in state San Francisco Chronicle / Sam Zuckerman

Fed: Greenspan 'Fine', Dollar Steadies Reuters via ABC News

Factory orders edge up in February AP via CNBC

WI: Green Bay area’s jobless rate creeps up in February Green Bay Gazette / Elaine Kauh

U.S. Treasuries Rise After Chicago Manufacturing Index Drops Bloomberg / Monee Fields-White

State Officials Take to Warpath for Corporate Reform Bloomberg / Joe Mysak

Wage, Tax Data Support Idea Jobs Are Understated Bloomberg / Caroline Baum

Is Trichet Just Teasing? Tomorrow May Tell a Lot Bloomberg / Matthew Lynn

You Can’t Eat Gold! Lew Rockwell / Gary North

OPEC Rigging In Vienna Forbes / Dan Ackman

OPEC to Cut Production as Gasoline Rises to Record Bloomberg / Sean Evers

'Scary' parallels with Japan CBS Market Watch / Mark Hulbert

Yen Rises to Four-Year High; Japan's Selling Slowed in March Heather Bandur and Joshua Krongold

Karimov fights back The Economist

For driven inventor, the sky's the limit USA Today via Indianapolis Star / Kevin Maney

Is Trump getting trumped? CNN

A game of risks and guarantees Telegraph

Russia: Khodorkovsky Essay Causes Stir Moscow Times / Valeria Korchagina

Emerging Markets Court Each Other Reuters via Moscow Times / Ed Stoddard

Crude Oil in New York Rises on Reports of Fire at BP Refinery Bloomberg / Sri Jegarajah

Russia: Titanium Titan Will Go Public in the U.S. Bloomberg via Moscow Times / Vladimir Todres

UK: Consumer confidence down as rate rises bite Telegraph / Edmund Conway

Taiwan and Hong Kong -- China's Problem Kids Bloomberg / William Pesek Jr.

Hope for ECB rate cut dwindles, lifting euro Bloomberg via IHT

Bush Administration Shows More Support of Free Trade NY Times / Edmund L. Andrews

Yen Surges to Highest Since June 2000; Gains Past 105 vs Dollar Bloomberg / John Brinsley