Bondhead News Archive

January 16 – January 31

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01/16

Reversal Of Fortune For Techs, Rallying As Commodities Plunge Investors Business Daily / Vance Cariaga

The Growth Machine Morgan Stanley / Stephen Roach

Implications of Lower Oil Prices Morgan Stanley / Richard Berner

Italy: Life After the Downgrade Morgan Stanley / Vladimir Pillonca

Oil Prices Rebounds After 19-Month Lows AP via Washington Post / Tanalee Smith

Blitz of mergers, buyouts sets a record Christian Science Monitor / Mark Trumbull

SIFMA Releases Exposure Draft of Revised Guidelines on Delivery of Offering Materials Relating to GSE Securities Bond Market Association

Burden Set to Shift On Balanced Budget Washington Post / Lori Montgomery and Nell Henderson

Bank of Canada bets on U.S. recovery Globe and Mail / Heather Scoffield

MBA Releases Long Term Economic Forecast Mortgage Bankers Association

FL: Homeowners looking for relief at special session Palm Beach Post / Randy Diamond

As '07 realty clouds gather, so do silver linings Business Week via MSNBC / Maya Roney

'Lazy portfolios' win again, beat S&P 500! Marketwatch / Paul B. Farrell

JGBs rally on doubts over BOJ rate hike Reuters / Chikako Mogi

Emerging debt-Prices up as risk tolerance high Reuters / Manuela Badawy

So, Is a Volatile Economy Good for America? Tech Central Station / Nick Schultz

ABC/WashPost US Consumer Comfort Index up to -2 Reuters

War games Marketwatch / Todd Harrison

US interest rates partly higher in latest week-Fed Reuters

Dow Notches Another Record Smartmoney.com / Mark Glassman

A Reversal of Fortune… Daily Reckoning / Chuck Butler

Commerce Bancshares reports higher earnings Kansas City Star / Mark Davis

Nimble Wells Fargo $ FT / Lex

Intel tumbles on lower earnings CNN / Rob Kelley

Dow gains 27, reaches 3rd record close AP via Dallas Fort Worth Star Telegram / Joe Bel Bruno

A Wal-Mart On Every Block? Forbes / Tom Van Riper

Federal Reserve Banks Announce New Studies to Examine Nation's Check and Electronic Payments Usage Federal Reserve Board

If I were president, I would… NY Post / John Crudele

Saudi Arabia's economy The Economist

Oil Falls to 19-Month Low on Saudi Rejection of More OPEC Cuts Bloomberg / Mark Shenk

Gold retreats as traders eye dollar, oil Marketwatch / Myra P. Saefong

MN: Tight supply pushes apartment rents up St. Paul Pioneer Press / Jennifer Bjorhus

Bank of Canada keeps target for the overnight rate at 4 1/4 per cent Bank of Canada

IMF Head: Global Economic Threats Easing AP via Washington Post / Jeannine Aversa

US stocks shed opening gains FT / Michael Mackenzie

Stocks creep higher CNN

Tuesday’s Stocktiming.com Analysis Stocktiming.com / Marty Chenard

Backdating Nibbles CFO.com / Rob Garver

TREASURIES-Prices up on weaker than expected NY manufacturing Reuters / Chris Reese

January 2007 : Empire State Manufacturing Survey pdf Federal Reserve Bank of New York

N.Y. Fed manufacturing index falls in Jan Reuters

Federal Reserve Events Reuters

Inflation protection Money via CNN / Michael Sivy

Corn Soars to 10-Year High; Smaller U.S. Crop Cuts World Supply Bloomberg / Jeff Wilson

TD Ameritrade profit jumps 69 percent AP via Seattle Post Intelligencer / Josh Funk

US Bancorp Profit Up 4 Percent in 4Q Newsday

TX: Retirees sliding into debt Dallas Morning News / Bob Moos

UK: The Bank's narrow escape Guardian / Ashley Seager

UK inflation hits 10-year high of 3 per cent FT / Jamie Chisholm

Fed Funds Futures traders gave up their hopes for an early 2007 rate cut FXStreet / Lee More

The Triple Deficit Paralyzes Policy Vision Forbes / David Malpass

Bond prices rise in rebound from recent low Reuters

Pimco, Hancock Load Up on Mortgage Bonds as Treasury Gains Fade Bloomberg / Daniel Kruger

OPEC Doesn't Need Emergency Meeting, Al-Naimi Says Bloomberg / Andy Critchlow and Pratik Parij

Oil Prices Dip Below $53 a Barrel AP via Forbes / Derrick Ho

Dollar lower against yen AP via Houston Chronicle

Wells Fargo 4th-qtr profit rises 13 pct Reuters

Citigroup, JPMorgan Fall Further Behind Goldman, Morgan Stanley Bloomberg / Justin Baer

Cisco falls on downgrades Reuters

Stocks ready to build CNN

Back on the trading scene LA Times / Walter Hamilton

Scads of economic data due this week AP via Philadelphia Inquirer / Tim Paradis

Technology Stocks, Decade's Laggards, Now Key to Bull Market Bloomberg / Daniel Hauck and Michael Tsang

Buyers Scarce, Many Condos Are for Rent NY Times / Vikas Bajaj

CA: Home prices climb in county LA Times / Annette Haddad

CO: Denver's deep freeze costly Denver Post / Tom McGhee

U.K. December Inflation Quickens to Highest in Decade Bloomberg / Craig Stirling and Jennifer Ryan

German Investor Confidence Rises to a Six-Month High Bloomberg / Simone Meier

01/17

PPI data add to US inflation fears FT / Eoin Callan

The U.S. Economy in 2007: Prospects and Puzzles Federal Reserve Bank of San Francisco / Janet L. Yellen

New Fed fear: Lower oil CNN via Bondhead Referral / Chris Isidore

The Role of House Prices in Formulating Monetary Policy Federal Reserve Board / Frederic S. Mishkin

Beige Book Federal Reserve Board

Fed shouldn't try to pop asset bubbles: Mishkin Marketwatch / Greg Robb

Fed's Beige Book Says Most Districts Show `Modest' Expansion Bloomberg / Craig Torres

Near his first anniversary, Bernanke shows well McClatchy / Kevin G. Hall

`Buy' Ratings Become Scarcer as U.S. Stocks Rise Bloomberg / David Wilson

Anschutz to Sell More Qwest Shares, Cut Stake by 90% Bloomberg / Crayton Harrison

U.S. stocks bounce with Dow hitting record high Marketwatch / Nick Godt

Treasuries Decline After Prices, Homebuilder Index Increase Bloomberg / Deborah Finestone

Emerging market risk spreads reach all-time low Reuters

Goldman Sachs gets temporary ban on MTS Reuters

Northern Trust profits rise 16% percent Bloomberg via Chicago Tribune / Danielle Kost

Oil Lease Chief Knew of Error, Report Asserts NTY Times / Edmund L. Andrews

KS: People who charge health-care expenses getting in debt trouble Kansas City Star / Julius A. Karash

Fed Gazette Federal Reserve Bank of Minneapolis

Stock prices fall on inflation fears AP via Seattle Post Intelligencer / Madlen Read

Wednesday’s Stocktiming.com Analysis Stocktiming.com / Marty Chenard

Southwest Airlines 4Q profit down 19 pct AP via Houston Chronicle

HSBC $ FT / Lex

Commerce Bancorp Probe Targets Execs NY Post / Roddy Boyd

CA: Uptick no reason to party Orange County Register / Jonathan Lansner

Federal Reserve Events Reuters

Foreclosure rates up big in December CNN / Les Christie

Refinance Applications Increase and Purchase Applications Decrease in this Week’s Survey Mortgage Bankers Association

US Nov net overall capital inflows up at $74.9 bln Reuters

Treasurys fall on stronger-than-expected production Marketwatch / Leslie Wines

Federal Probes, Pension Costs Can't Dent Muni Prices Bloomberg / Joe Mysak

Wholesale inflation above forecasts CNN

U.S. December Industrial Production Rises 0.4% Bloomberg / Shobhana Chandra

Tracking size of economic pie's slices Philadelphia Inquirer / Andrew Cassel

Sallie Digs In Forbes / Tim Doyle

Gold futures edge higher in early dealings Marketwatch / Myra P. Saefong

JPMorgan Net Rises 48% on Investment Banking, Trading Bloomberg / Justin Baer

State Street Fourth-Quarter Profit Rises 17% on Fees Bloomberg / Sree Vidya Bhaktavatsalam

McDonald's Profit Doubles on Chicken Wrap, Chipotle Bloomberg / Chris Burritt

OH: Economic recovery expected Cincinnati Enquirer / Clif Peale

Senators To Target Executive Benefit Washington Post / Lori Montgomery and Jeffrey H. Birnbaum

Sending an unclear message Marketwatch / Mark Hulbert

UK: Inflation hits 15-year high Guardian / Ashley Seager and Miles Brignall

UK: How high must the Bank of England go on rates as inflation rears its head once more? Independent / Jeremy Warner

BOJ Faces Credibility Test After Reports Predict Rate Delay Bloomberg / John Brinsley

Asia Receives Much-Needed Reminder From Bangkok Bloomberg / William Pesek

01/18

Economy stronger, but is it just the weather? Marketwatch / Rex Nutting

American New Economy Bides Its Time Investors Business Daily / Trang Ho

Mortgage losses put pressure on WaMu Seattle Times / Amy Martinez

Multifamily misdirection Marketwatch / Amy Hoak

Retail money funds rise in latest week AP via Beaufort Gazette

BofA, PNC and Wachovia hope to beat rate squeeze Marketwatch / David Weidner

Treasury bond prices gain despite data AP via Beaufort Gazette

The Big Three Tech Central Station / Arnold Kling

Rogers Says Oil Will Rise to $100 After `Correction' Bloomberg / Wendy Pugh and Yasumasa Song

Thursday's commodities roundup AP via Beaufort Gazette

Economic Outlook and Developments in Mortgage Markets Federal Reserve Board / Susan Schmidt Bies

Fed's Bies-inflation set to slow, risks remain Reuters / Ros Krasny

Baby Boom Gloom From Bernanke Forbes / Joshua Lipton

Petrodollars, Asset Prices, and the Global Financial System Pimco / Ramin Toloui

2007: The Year That External Weakness Overwhelms Internal Strength Pimco / Edward Devlin

Foreign central banks sell Treasuries in week –Fed Reuters

House repeals 'Big Oil' tax breaks Reuters / CNN

Sleuths track down inflation clues Dallas Morning News / Brendan M. Case

30-year mortgages hit highest level since November AP via South florida Sun Sentinel / Martin Crutsinger

KS: Outlook strong for real estate Wichita Eagle / Bill Wilson

IBM Profit Rises 11%; Shares Fall on Hardware Sales Bloomberg / Ville Heiskanen

Stocks Fall on Interest Rate Concerns AP via Washington Post / Madlen Read

In the money The Economist

Peaks, valleys and vistas The Economist

Social Security debate: It's back CNN / Jeanne Sahadi

Fannie Mae posts third-quarter loss-regulator Reuters

US mortgage rates unchanged on Thursday – BestInfo Reuters

E-Trade quarterly net income jumps 37% Marketwatch / Alistair Barr

Hedge funds bring in the money CNN / Grace Wong

The ivory trade The Economist

Road runners The Economist

BB&T, Fifth Third lead lower profits among banks Reuters / Jonathan Stempel

Canada: Monetary Policy Report Update pdf Bank of Canada

Rich man, poor man The Economist

EU: Not normal The Economist

MSRB Set To Propose New Rules Bond Buyer / Lynn Hume

Canada: Bonds fuel surging foreign investment in Canadian securities CP via Globe and Mail

Oil Briefly Falls Below $50 Per Barrel AP via Chicago Tribune / Stan Choe

Long-term fiscal challenges facing the United States Federal Reserve Board / Ben S. Bernanke

Bernanke Warns of Possible `Crisis' From Budget Gap Bloomberg / Scott Lanman and Craig Torres

Bernanke: Baby boomers threaten economy Reuters via CNN

Bernanke Warns Budget Could Hurt Economy AP via Baltimore Sun / Jeannine Aversa

U.S. Economy: Growth Rebounding Without Surge in Inflation Bloomberg / Shobhana Chandra and Bob Willis

Oil prices plunge on inventory report AP via Philadelphia Inquirer / Stan Choe

Bank of New York's Net Quadruples on Retail Unit Sale Bloomberg / Sree Vidya Bhaktavatsalam

Mellon earnings jump 15% to $898M Pittsburgh Tribune Review / Thomas Olson

New gates to storm The Economist

Mortgage rates turn higher CNN

CA: '06 housing stats tell a scary tale Sacramento Bee / Jim Wasserman

TREASURIES-Prices fall on housing starts, jobless claims Reuters

Treasurys hit by home construction, job reports Marketwatch / Leslie Wines

National and Regional Economic Conditions Federal Reserve Bank of Cleveland / Sandra / Pinalto

Upside inflation risks remain - Fed's Pianalto Reuters

Federal Reserve Events Reuters

US RATE FUTURES-Prospects for '07 Fed cuts sinking Reuters

Fed's soft landing right on track AP via New Jersey Herald

A Fed Adviser Plans to Leave Bloomberg via NY Times

Thursday’s Stocktiming.com Analysis Stocktiming.com / Marty Chenard

Gold holds above $630; India approves gold ETFs Marketwatch / Ciara Linnane

U.S. jobless claims post surprising drop last week Reuters

Surprising increase in industrial production Chicago Tribune / James P. Miller

Tribune auction ends in silence Chicago Tribune / Michael Oneal, Phil Rosenthal and Becky Yerak

Apple Profit Rose 78% in Quarter NY Times / John Markoff

What The Hill is Going On at Commerce Bank  NY Post / John Crudele

Cantor closing in on BGC Partners float $ FT / Peter Thal Larsen

Traders Back Suit, claim Thain Misled NY Post / Roddy Boyd

Dollar Approaches 4-Year High Against Yen; Consumer Prices Jump Bloomberg / Min Zeng and Ye Xie

Fewer Yuan in Wallets Is China's Next Headache Bloomberg / Andy Mukherjee

Bank of Japan holds rates steady FT / Michiyo Nakamoto

U.S. Consumer Prices Rose 0.5% Last Month; Core Rate Rose 0.2% Bloomberg / Joe Richter

U.S. Housing Starts Rose 4.5% in December to 1.642 Million Rate Bloomberg / Shobhana Chandra and Bob Willis

CA: Upward rent spiral may be slowing down LA Times / Annette Haddad

The hedge fund bezzle BBC News / Robert Peston

Merrill Profit Rises 68% on Trading, Private Equity Bloomberg / Bradley Keoun

Schwab more than doubles net income AP via LA Times

Eurozone inflation stable at 1.9% BBC News

Bank of England Breaks Stride to Restrain Wages Bloomberg / Mark Gilbert

US free trade discussions stumble BBC News

Mistakes Were Made?' Euphemisms Were Employed Bloomberg / Caroline Baum

 

01/19

Yahoo adds money management advice to its finance section AP via Salt Lake Tribune / Michael Liedtke

GE must restate earnings again $ FT / Francesco Guerrera

NY: Mixed bag on area median home prices Newsday / Carrie Mason-Draffen

Bobbing back up? The Economist

Mexico’s Economy Monopolies and tortillas The Economist

UK: National debt climbs above the £500bn mark London Times / Gabriel Rozenberg

Switzerland, Millionaire `Paradise,' May Raise Taxes Bloomberg / Simone Meier

Disentangling the Wealth Effect: Some International Evidence Federal Reserve Bank of San Francisco

New England Economic Indicators Federal Reserve Bank of Boston

TX: Hot Stats—Maquiladora Employment Federal Reserve Bank of Dallas

Fed to stay on hold throughout 2007 HVB Group via FXStreet

Fed's Hoenig says inflation is still too high Marketwatch / Greg Robb

Fed comments back view rates on hold for now Reuters via MSN

Fed Officials Say Inflation Is Key Risk as Economy Gathers Pace Bloomberg / Scott Lanman

Worker Ire Grows, GDP Share Shrinks as Profits Boom Bloomberg / Elliot Blair Smith

A Brief, Superficial, and Arbitrary History of Property-Price Collapses Safehaven / Fred Sheehan

Don't Forget the "Gold" in "Goldilocks" Euro Pacific via Safehaven / Peter Schiff

Natural-gas futures rally on weather forecasts Marketwatch / Myra P. Saefong & Ciara Linnane

Pump prices may inch down more AP via Houston Chronicle / Madlen Read

Washington events for Jan. 22 – 26 Marketwatch

2007: Year of the mega-buyout CNN / Grace Wong

Stocks are mixed on earnings reports AP via Beaufort Gazette / Tim Paradis

Sears Finance Chief Monaghan Resigns After 6 Months Bloomberg / Lauren Coleman-Lochner

GE Profit Rises 12%; Shares Fall on Tax Rate Concerns Bloomberg / Rachel Layne

JPMorgan Gives Dimon $13 Million in Restricted Stock Bloomberg / Justin Baer

California freeze actually helped some farmers AP via MSNBC

New Tax Hikes by Congress Will End the Bull Run for Stocks Smartmoney.com / Donald Luskin

Report Lists Possible Alternatives To Widely Disliked Minimum Tax Washington Post / Lori Montgomery

U.S. bankers group sees solid, slower 2007 growth Reuters

U.S. Jan. consumer sentiment jumps to 3-year high Reuters

No Fed rate cut in sight! Money and Markets / Mike Larson

TREASURIES-Bond prices down after robust sentiment data Reuters

Fretting about earnings CNN

Friday’s Stocktiming.com Analysis Stocktiming.com / Marty Chenard

TX: Foreclosure lists near 1989 record Dallas Morning News / Steve Brown

FL: PBC foreclosures soar 29 percent in 2006 Palm Beach Post / Linda Rawls

Oil slips, but price at pump barely dips Houston Chronicle / Brett Clanton

Oil Prices Edge Higher After Fall AP via Newsday / George Jahn

There Ought to Be a Law to Make Them Discuss Swaps Bloomberg / Joe Mysak

Treasurys slightly lower; consumer sentiment ahead Marketwatch / Leslie Wines

Economic Outlook Federal Reserve Bank of Richmond / Jeffrey M. Lacker

Federal Reserve Events Reuters

Too early to declare victory on inflation Marketwatch / Greg Robb

Richmiond Fed's Lacker identifies resurgent inflation as 'predominant' risk AFX via Forbes

A Hot New Way To Price Options Forbes / Matthew Rand

GE restates earnings since '01 CNN

GE's 4Q Earnings More Than Double Baltimore Sun

Motorola Profit Slumps 48%; Competition Hurts Prices Bloomberg / Ville Heiskanen

Citigroup Profit Rises 3.2% as Investment Bank Stalls Bloomberg / Justin Baer

Strange Things Happen in the Era of Small Returns Bloomberg / Chet Currier

Economy Seems to Be Holding Its Own, but Inflation Risk Persists NY Times / Louis Uchitelle

Japan's 10-Year Bonds Head for Weekly Gain After Rate Decision Bloomberg / Issei Morita

Inflation down – but far from conquered Christian Science Monitor / Ron Scherer

Americans Souring on Free Trade Amid Optimism About Economy Bloomberg / Matthew Benjamin

BOJ Keeps Carry Trade Alive and Well -- for Now Bloomberg / William Pesek

Yen Heads for Second Week of Losses as BOJ to Keep Rates Low Bloomberg / Stanley White

01/20

NYSE Pros Get 6 Months NY Post / Roddy Boyd

New Rules Still Allow Congress Many Perks Washington Post / John Solomon

CA: Real estate market shifting Mercury News / Sue McAllister

OR: Tougher mortgage lender rules planned Oregon Mail Tribune

Treasury Two-Year Note Yields Rise to Five-Month High This Week Bloomberg / Deborah Finestone

Credit Swaps And Bond Yields Mish’s Global Economic Trend Analysis via Safehaven / Mike Shedlock

U.S. Stocks Decline in Week on Concern Profit Growth Will Slow Bloomberg / Michael Patterson

Gold Will Explode Higher in 2007 Technical Market Indicator via Safehaven / Robert McHugh

Yen Drops to Lowest in Four Years Versus Dollar on BOJ Outlook Bloomberg / Min Zeng

China ends major financial policy meeting AP via IHT

FL: Lots of jobs, but are they right ones? Palm Beach Post / Jeff Ostrowski

Up Quarter Ends Rough Year for Citigroup NY Times / Eric Dash