Bondhead News Archive

January 16 – January 31


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Mood falters in European corporate bond market FT / Adrienne Roberts

TX: Office building construction pace slows to '95 level reg Dallas Morning News / Steve Brown

Credit-dependent Americans pushed to the edge MSNBC / Martin Wolk

UK pension schemes hit by interest rate drop FT / Norma Cohen

Commodity prices rose 19.2% in 2003: BMO CP via Globe and Mail

Old Economy Jolt: Wider Pension Woes Forbes / Dan Ackman

Banking consolidation not over yet AP via Florida Times Journal / Eileen Alt Powell

Oil jumps nearly $1 as U.S. shivers Reuters via CNN

Issing Says ECB Is `Worried' About Swings in Euro Bloomberg

Snow reiterates strong dollar policy Reuters via CNN

U.S. Judge Questions Russian's Detention Moscow Times / Catherine Belton

Ex-Enron chief Lay eager to talk, his lawyer says Houston Chronicle / Bill Hensel, Jr.

NASD Panel Suspends Quattrone; Goldsmith Criticizes SanctionAs Too Soft Institutional Investor

U.S. holiday retail sales rise 5.2% to $216.3 billion South Florida Sun Sentinel

Weill Pupils Dimon, Prince to Vie at 2 Biggest Banks Bloomberg

Real estate agent pool getting more crowded Knight Ridder via Detroit Free Press / Alan J. Heavans

CA: Sticker shock makes county a hard sell, say job recruiters San Diego Union Tribune / David Washburn

NY: Major Job Losses? Bank on It Newsday / Pradnya Joshi and Randi Marshall

Lucky Andrew Fastow Makes the Trade of His Life Bloomberg / Ann Woolner

Michael Price Calls Fund Profits `Embarrassing' Bloomberg / Chet Currier

Recovery Trickles Down Very Slowly Washington Post / Jonathan Weisman

Buyers ask: Where's the beef from? Miami Herald / Christina Hoag

Why Doesn't Rubin Trust You With His Thoughts? Bloomberg / Michael Lewis

Court Again Turns Down Bail Request of Russian Oil Tycoon reg NY Times / Erin E. Arvidlund

Bill Gates buys property surrounding his estate to preserve family's privacy AP via San Diego Union Tribune

Venezuela Bonds Tumble as Chavez Seeks $6 Billion Bloomberg

Manufacturing more confusion Washington Times / Thomas Sowell

US Corp Bonds-Spreads firm as new supply fades Reuters / Dena Aubin

When Banks Go National reg NY Times

Bank megamerger to cost 10,000 jobs Chicago Tribune via Baltimore Sun / Mark Skertic

IL: Chicago area prices drop for 3rd straight month AP and Bloomberg via Chicago Sun Times

Dollar Has Biggest Gain in More Than Four Months Against Euro Bloomberg

Here's How Texas Topped Closed-End Fund Rankings. Bloomberg / Joe Mysak

Will China Avoid Japan-Like Debt Nightmare? Bloomberg / William Pesek, Jr.

Oil falls by 8% as speculators take exit FT / Kevin Morrison

For $199, I could be an exec Denver Post / Al Lewis

PA: Tax-break favoritism trumps real development Philadelphia Inquirer / Andrew Cassel

U.S. January Michigan Sentiment Index Rises to 103.2 Bloomberg

Industrial output ticks upward CNN

MN: Twin Cities-area housing market going through the roof Star Tribune / Neal Gendler and Jim Buchta

Industrial Production and Capacity Utilization Federal Reserve Board

US junk bond funds take in $396 mln in week Reuters

Mortgage Rates Drop to mid-5 Percent AP and Pittsburgh Tribune Review / Sam Spatter

Repudiating the National Debt Ludwig von Mises Institute / Murray N. Rothbard

Pepsi is back in Baghdad Gulf Daily News

Japan: Government may declare 'recovery' Japan Times

CO: Mad cow hurting industry, ranchers tell lawmakers AP via Denver Post / Colleen Slevin



CA: County jobless rate increases to 8.8 percent Santa Cruz Sentinel

CA: Jobless rate drops, but experts are concerned San Diego Union Tribune / Michael Kinsman

Europeans fret about soaring euro Knight Ridder via Wichita Eagle / Matthew Schofield

The Supercycle of Debt Thoughts from the Frontline via Safehaven / John Mauldin

CA: California's job loss parallels U.S. report For 6 of past 7 months, payrolls shrank San Francisco Chronicle

Fannie Mae Withholds Details of Derivatives, Senator Hagel Says Bloomberg

Insider-trading investigation launched in banking merger Bloomberg via Seattle Times

Globalization Foes Strategize Against WTO AP via Newsday / Neelesh Misra

CA: State's Job Losses Persist reg LA Times / Marla Dickerson

Dropping dollar pays off for some, costs others San Francisco Chronicle via Seattle Post Intelligencer / Sam Zuckerman

The mystery of the missing jobs reg Chicago Tribune

As Exchange Rates Swing, Carmakers Try to Duck reg NY Times / Mark Landler

Russia Sees Iraqi Debt Relief as Link to Oil, U.S. Aides Say reg NY Times / Christopher Marquis

U.S. Treasuries Rise on Speculation Inflation Will Remain Tame Bloomberg

European Two-Year Note Yield Ends Week Close to October Low Bloomberg

There must be one born every minute Guardian / Edmond Warner

UK: ECB turns to verbal remedy Guardian / Charlotte Denney

South Korean Won Has Weekly Slide; Taiwan Dollar Ekes Out Gain Bloomberg

Australian Dollar Falls for First Week in Four as Gold Declines Bloomberg

Parmalat lenders reveal exposure BBC News



Burned by economy, consumed by debt Atlanta Journal Constitution / Michael E. Kanell

Treasury publishes notice it plans survey on paperless savings bonds Providence Journal via San Diego Union Tribune

CA: Grocers' losses still mystery LA Daily News / Nicholas Grudin

A silver-lining type of guy gets set to retire from the Fed USA Today / Barbara Hagenbaugh and Jack Gruber

Despite Drop, Signs Look Good for Gold reg NY Times / Jonathan Fuerbringer

Internet trading of currencies a different animal reg Chicago Tribune / Bill Barnhart

Greenback Blues? Think Foreign Bonds Wall Street Journal via LA Daily News / Jeff D. Opdyke and Craig Karmin

Electronic trading helps boost CBOT FT / Jeremy Grant

EU heads for sharp clash on spending FT / George Parker

Central banks set to renew gold pact FT / Tony Major and Andreas Krosta

Freddie Mac raises forecast for home sales Bloomberg via Baltimore Sun

Majority of homes are underinsured AP via Seattle Post Intelligencer

Flows shock gives dollar faint stabilization hope Reuters via Yahoo

Reducing debt on credit cards has its dangers reg Kansas City Star / Paul Wenske

Repeal the Do-It-Yourself Tax Cuts Washington Post / Albert B. Crenshaw

Illegal workers wary of Bush plan Arizona Daily Sun / Chris Markham

Banking on a lower dollar Journal News / Jay Loomis

Mortgage refinancing in '04 may make sense reg Orange County Register / Holden Lewis

Fastows: From privilege to prison reg AP via Orange County Register / Kristen Hayes

CA: State must lead the way San Francisco Chronicle / David Lazarus

Sell oil for gold, Mahathir tells Saudi Arabia Reuters via Forbes

German industry sees EU enlargement as historic opportunity AFP via EU Business

Bulgaria and Romania want to join the EU too AFP via EU Business

Canada-Laying seige for a bank rate cut Reuters via Yahoo / Russell Blinch

Nagging Matter of Unemployment Raises Consumer Spending Issues Pittsburgh Tribune Review / Gregory M. Drahuschak

EU set to crack down on credit rating agencies Guardian / Nick Mathiason

IMF: from rates to ratings Guardian / William Keegan

The overruling of the President Guardian / William Keegan

Now, what am I bid for a six-month CD? Morning Call / Richard Burnett

FDA's economist in chief Boston Globe / Christopher Rowland

Black gets the boot NY Post / Tim Arango

Press Holdings International to buy Hollinger Inc. for $605.5M CP via

Trade creates more jobs than it kills Philadelphia Inquirer / Andrew Cassel

PA: Oil price collapse likely in late 2004 Pittsburgh Tribune Review / Dave Copeland

Home Starts Seen Close to Two-Decade High: U.S. Economy Preview Bloomberg

US no longer over a barrel Boston Globe / Charles Stein

Increased Scrutiny Could Shrink World Oil Reserves reg LA Times / James Flanigan

Quirky HH bond's days are numbered: Here's what to do Baltimore Sun / Eileen Ambrose 

UK: UK interest rate rise may be delayed FT / Chris Flood

It's Not That Easy to Win Damages Against a Broker for Bad Advice reg LA Times / Kathy Kristof

CA: Moving up, not out reg LA Times / Allison B. Cohen

WA: Economy 33, Dunphy 27 Seattle Times / Stephen Dunphy

CO: At long last, Invesco gets a clue Denver Post / Al Lewis

IA: Corn and soybean prices rise amid tight supplies Des Moines Register / Anne Fitzgerald

IL: Bank One exit not just a blow to Chicago's ego reg Chicago Tribune / Michael Oneal, Bruce Japsen and Mark Skertic

Big bounce for dollar International Herald Tribune / Eric Pfanner

Is China the Next Bubble? reg NY Times / Keith Bradsher 

O'Neill Says Bush Was Set on Cutting Taxes, Too reg NY Times / Edmund L. Andrews

Investing in the Future, and Mortgaging It reg NY Times / Edmund L. Andrews



FOREX-Euro stagnant, digests finance ministers' worries Reuters / Shinichi Kishima

2004 home decline clouds lumber UPI / Hil Anderson

The costs of workaholism UPI / Martin Hutchinson

Employees claim 'silence' perks AP via Washington Times / Tom Hays

Immigration reform has backers AP via Indianapolis Star / Adam Geller

Travelers are back, airline profits aren't USA Today / Dan Reed

FL: Is the U.S. becoming Cuba's bread basket? Miami Herald / Jane Bussey

Eurozone finance ministers warn against 'excessive' forex moves AFP via EU Business

Shrinking workforce to knock economic output in EU, Japan: WEF AFP via Yahoo

Britons fall further into debt Guardian / Sandra Haurant

Finance ministers fret over euro BBC News

Bank chief held in Parmalat probe BBC News

Euro's strength, budget-pact dispute dominate EU finance talks AP via San Diego Union Tribune / Paul Ames

Trading losses may rise, National Australia warns Bloomberg via International Herald Tribune / Kevin Foley

Euro steadies after sinking to one-month low FT / Jennifer Hughes

Strong euro worries European leaders Reuters via CNN

Glowing housing report expected Bloomberg via Morning Call / Vince Golle

Bush did not cause the recession Brookes News / Gerard Jackson

Budgets and spending: a contrarian's view Brookes News / Gerard Jackson

Copper price hits new high on rising demand FT / Kevin Morrison

As job market rises, focus on employee retention AP via Louisville Courier Journal / Joyce M. Rosenberg

MN: Small companies lead the recovery ... or do they? Minnesota Star Tribune / Larry Werner

OH: Even big businesses barter Cincinnati Enquirer / John Eckberg

KS: With soy breakthroughs, Wichita could find itself counting on beans Wichita Eagle / Phyllis Jacobs Griekspoor

Bank One name may go bust after merger is completed Chicago Sun Times / Tammy Chase

The state of the Bush economy CNN / Mark Gongloff

Citigroup's Prince May Post Biggest Profit Growth in Four Years Bloomberg

Japanese: Unknowns about beef still linger AP via Omaha World Herald

New York Budget Battle to Focus on Schools, Medicaid Bloomberg

UK: House prices resume upward trend BBC News 

G20 optimistic on trade, cautious on 2004 goal Reuters via Forbes / Andrew Hay

U.S. jobs jumping ship CNN / Mark Gongloff

IBM giveth, taketh away CNN

Black and the Barclays The Economist

Bund prices fall as euro weakens FT / Charles Batchelor

Keynes Was No Crypto-Fascist National Review / Bruce Bartlett

Parmalat Brazil Missed $2 Mln Payment, Sumitomo Says Bloomberg 

You Can Stop Brokers Skimming Your Retirement Funds Bloomberg

Why does dollar have value we say it does? Because we say so NY Times via Houston Chronicle

Dollar Steady Vs Majors on Capital Inflow Reuters via ABC News / Mariko Hayashibara

Russia: Boeings Threaten Domestic Industry Moscow Times / Lyuba Pronina

Australia: NAB directors cover their backs Sydney Morning Herald / Sharon Kemp

Deutsche, J.P. Morgan to Manage Indonesian Bond Sale Bloomberg

Persian Gulf oil money keeps democracy at bay AFP via Taiwan Times

Parmalat shockwaves spread far and wide AFP via Taiwan Times

German December Producer Prices Stay Unchanged for Third Month Bloomberg

The West's failed interventions suggest a need for new modesty Guardian via Taipei Times

Jobs go overseas, but impact unclear Cox News via Omaha World Herald

Taiwan: Steering a safe passage for the nation's economy Taipei Times

Intrigue, and Perhaps a Lead, Over Missing Parmalat Billions reg NY Times / Eric Sylvers

Market hates downside surprises Minnesota Star Tribune / Mike Blahnik

Credit-card changes coming NY Times via Arizona Republic / Jennifer Bayot

A Sure Bet US News / James M. Pethokoukis

Is Conrad Black facing his Moscow retreat? Independent / Cahal Milmo and Ian Burrell

Australia: Day of reckoning looms for manufacturers amid dollar's stellar run Sydney Morning Herald

Oil price collapse likely in late 2004 Sydney Morning Herald

Treasury Note Investors Are Most Bearish Since 1990, Poll Shows Bloomberg

Funding U.S. Twin Deficits Business as Usual Bloomberg / David DeRosa



Fed's market role hotly debated Atlanta Journal Constitution via Prudent Bear / Tom Walker

A banker's delight The Economist

Debt sale in India curbs rise in bonds Bloomberg via IHT / Bharat Ahluwalia

Who Rules the World, Really? Euro vs Dollar Currency War Monitor via Safehaven / Alex Wallenwein

IMF Survey PDF International Monetary Fund

Dollar Inches Up Ahead of ECB Meeting Reuters via ABC News

Don't be fooled: Accountants' global affiliates independent Chicago Sun Times / Ted Pincus

What happens when home-building boom goes bust? AP via Philadelphia Inquirer / Rachel Beck

NY: Pataki Unveils $99.8B Fiscal 2005 Budget Bond Buyer / Martin Z. Braun

KS: Area home-building surges Kansas City Star / Julius A. Karash

OR: Northwest Nonsense National Review / Paul Prososki and Sandra Fabry

CT: Gas prices may hit $3 a gallon Connecticut Post / Charles Walsh

Soaring energy prices could hurt economy AP via San Diego Union Tribune / Rachel Beck

The state of the Bush economy CNN / Mark Gongloff

Drunken GOP Sailors reg Wall Street Journal

UK: Head-to-head: Call centre jobs BBC News

Euro rises on failure to turn words into action FT / Tony Major, George Parker and Jennifer Hughes

Germany: Ackermann trial worries hit Deutsche Bank FT / Patrick Jenkins

Japan, Canada begin moves vs. weak dollar USA Today / Barbara Hagenbaugh

China unable to quench thirst for oil FT / Victor Mallet

CA: If bond fails, it's time for Plan B Sacramento Bee / John Hill

Treasuries Slip a Bit Amid Lack of Data Reuters / Pedro Nicolaci da Costa

Schwarzenegger kicks off pitch for $15 bln bond Reuters via Forbes / Jim Christie

PA: Ackermann trial worries hit Deutsche Bank Pittsburgh Tribune Review / Sam Spatter

Martha Stewart Pleads Not Guilty Newsmax

More investors plant cash in hedge funds USA Today / Adam Shell

UK inflation data boost likelihood of rate rise FT / Anna Fifield

EU Blames Bush for it’s Low Imports NY Post / Paul Tharp

Brazil's Real Reverses decline as Inflows Test Central Bank Bloomberg

ASEAN prepares "road map" for economic integration AFP via Yahoo

Canada: Economic micromanager extraordinaire Globe and Mail / Mark Mullins

Davos: The Buzz Is Back Business Week via Yahoo

What The President Didn’t Want to Hear from Paul O’Neill NY Post / John Crusele

Jobs seen rising, barely Reuters via CNN

Salvation Army's golden arches Reuters via CNN

Crude oil prices hit post-Iraq war high FT / Kevin Morrison

U.S. corporate bond new issues Reuters via Yahoo

CA: Market might lose a little fizz reg Orange County Register / Mary Ann Milbourn

Fed to Discuss How It `Talks' at Next Meeting Bloomberg / John M. Berry

KS: Handsome rates help move houses Wichita Eagle / Dan Voorhis

NV: Home sales should remain strong Las Vegas Review Journal / Hubble Smith

NV: Gaming industry bonds notch yields of 15 percent Las Vegas Review Journal / Rod Smith

WI: State manufacturers skeptical about jobs plan Green Bay Gazette / Avi Stern

Next Move Is Bush's in Reform of Investing System Bloomberg / Chet Currier

This Year the January Effect Forgot to Show Up Bloomberg / John Dorfman

U.S. Trade Deal, Tax Overhaul May Stall in Congress This Year Bloomberg

Circuit City rids itself of more credit card biz Washington Business Journal / Jeff Clabaugh

Canada: Bank of Canada lowers target for the overnight rate by 1/4 percentage point to 2 1/2 per cent Bank of Canada

Euro Surges; EU Ministers Signal They're Not Close to Selling Bloomberg

Bank of China launches plan to write off bad loans Bloomberg via Taipei Times

Eurozone government bond prices rise FT / Päivi Munter

Canada: Bank cuts interest rate to 2.5% CP via Toronto Star

BoJ unexpectedly eases monetary policy FT / David Pilling and Barney Jopson

Blowing bubbles CNN / Justin Lahart 

How Does Money Acquire its Value? Ludwig von Mises Institute / Frank Shostak

Dollar May Advance After ECB, Finance Ministers Urge Stability Bloomberg

Crude Oil Rises in New York as U.S. Faces Colder Weather Bloomberg

Australia: Rating agency puts NAB on watch negative AAP via The Age

Japan: Number of failed firms falls for first time in four years Japan Times

Banker's trial in Germany has U.S. echo NY Times via International Herald Tribune / Mark Landler 

No Strong Japan-Europe G-7 Front Expected Moscow Times / Shinichi Kishima

Canada may move to cut rates Bloomberg via International Herald Tribune / Bernard Simon

China's Economic Growth Accelerated to 9.1 Percent in 2003 Bloomberg

Dollar May Rise Against Yen; Yomiuri Report on Currency Sales Bloomberg

Thai Central Bank Will Probably Keep Interest Rate at 1.25% Bloomberg




Spending threatens UK debt rule FT / Ed Crooks

Parmalat gross debt could top E14bn FT / Fred Kapner

S&P in warning over German pension reform Investment and Pensions Europe

Saudi, Qatar, UAE, Kuwait to Cut Iraq Debt, U.S. Says Bloomberg

Mexico Jobless Rate Has Biggest Rise in Almost Decade Bloomberg

Bush withdraws mortgage regulator nominee Reuters via Yahoo

U.S. House panel to hold Freddie Mac hearing Reuters via Yahoo

A World Recreated Llewellyn H. Rockwell, Jr. / Lew Rockwell

Capital One cuts bad loans Washington Business Journal / Jeff Clabaugh

The Bank of New York Ranked Number One Municipal Debt Trustee for 2003 Business Wire via Stockhouse

BoNY eyes continued strategic investments Investment and Pensions Europe

Bonds Have Fans Overseas Smart Money via Yahoo

So Where Are The Jobs? They're On The Way... Business Week via Yahoo

So Where Are The Jobs? Maybe They're Not On The Way Business Week via Yahoo

Bush under fire for widening deficit AFP via Yahoo

Under The Gun NY Post / Jenny Anderson

WA: Newest job is how to get one Seattle Post Intelligencer / Paul Nyhan

MN: State job market tops U.S. St. Paul Pioneer Press / Mike Hughlett

IN: Indianna Turns to Tobacco Bond Buyer / Elizabeth Carvlin

Bullish US could end in global slump BBC News / Tim Weber

Vital issues remain to be decided as EU expansion looms EU Business / Breffni O'Rourke

Bush Proposes 'No Down Payment' Home Loan AP via Newsday

Dollar weaker vs majors on pre-G7 jitters Reuters via Forbes / Mariko Hayashibara

Snow's Doubts Knock Treasuries from Highs Reuters via Boston Globe / Amanda Cooper

TX: Incoming business prospects look good Dallas Fort Worth Star Telegram / Andrea Ahles

US Corp Bonds-Unchanged; trade light, profits eyed Reuters / Nancy Leinfuss

Flying Pork Forbes / Andrew T. Gillis

A deficit in global growth reg Kansas City Star / Jerry Heaster

Economists mixed on Bush message reg Kansas City Star / Eric Palmer

WA: Seeking clues from tax coffers Seattle Times / Stephen Dunphy

Lower mortgage demand hurts Washington Mutual profit Seattle Times / Bradley Meacham

Greenback resumes fall, bonds make gains CNN

Bush deficit plan seen having murky math MSNBC and CNBC / John W. Schoen

Can an Outcry Stem Outsourcing AP via Pittsburgh Tribune Review / Rachel Konrad

Public disgust with executive enrichment is humbling Baltimore Sun / Jay Hancock

Jet fuel prices pressure industry USA Today / Dan Reed

GE exec explains effects of globalization on United States Las Vegas Sun / Jennifer Shubinski

Corporate bigwigs can learn, ski, hobnob at Davos bash Bloomberg via Seattle Times / Michael Mckee

Corporate Germany on trial The Economist

Iran's President, at Davos, Displays Hope and Defiance reg NY Times / Mark Landler

China’s Challenge: Making Capitalists Out of Communists Newsmax / Jeremy Bradshaw

The Frozen Fed, Looking Back, Standing Pat Washington Post / Steven Pearlstein

Fannie Mae Profit More Than Doubles Washington Post / Richard Leong

CA: FBI Seeks Orange County Money Manager reg LA Times / E. Scott Reckard

CA: L.A. County Leads U.S. in Factory Jobs reg LA Times / Marla Dickerson

AZ: Consumer confidence up in state Arizona Republic / Russ wiles

PA: One source for the newcomers Philadelphia needs Philadelphia Inquirer / Andrew Cassel

Does Citi fear consolidation? CNN / Christopher Hughes

Treasuries rise as markets await new data FT / Paivi Munter, Jenny Wiggins, Mariko Sanchanta

Euro firms below highs against dollar FT / Ivar Simensen

Crude falls as output cut fears recede FT / Kevin Morrison

Rates and Bush ... better lucky? CNN / Kathleen Hayes

U.S. budget deficit must be curbed-Treasury's Snow Reuters 

OPEC: Oil supply healthier than it sounds UPI via Washington Times

Brazil Unexpectedly Keeps Benchmark Rate at 16.5% Bloomberg

Mexico Plans U.K. Pound Bond, Joins Pemex, Poland Bloomberg

Here We Go Again? National Review / Bruce Bartlett

Yes Virginia, Your Gold is at Risk Clif Droke Market Analysis via Safehaven / Clif Droke

Britain goes deeper into the red BBC News

UK: Bank voted 8-1 to hold interest rates Guardian / Mark Tran

Live in France, work in Britain and help out Eurotunnel Guardian / David gow

Taiwan: Foreign economists bullish on Taiwan Taipei Times / Bill Heaney

China says `no chance' of revaluing yuan this year Bloomberg via Taipei Times

The Austrian Contribution to Development Theory Ludwig von Mises Institute / Christopher Mayer

CA: Grocery workers ask AFL-CIO to make strike national issue San Diego Union Tribune / Penni Crabtree

CA: Orange County Home Prices Soar reg LA Times / Roger Vincent

Mad cow's fallout has cost hundreds of layoffs so far AP via Houston Chronicle / Joe Ruff

What the Muni Market Is Telling Us About California Bloomberg / Joe Mysak

For Paul O'Neill, It's Always About the Truth Bloomberg / Caroline Baum 

CBOT to charge extra dues to help it compete with Eurex Chicago Sun Times

Argentine bond group says legal action possible Reuters

Even for Experts, Analyzing the Job Market Is an Adventure reg NY Times / David Leonhardt

U.S. December Housing Starts Rise to 2.088 Million Bloomberg

Merrill Lynch's Profit More Than Doubles AP via Newsday

Economic Talks Draw Elite to Davos, but Have No Salient Issue reg NY Times

Bahrain financial sector registers strong growth Gulf Daily News

Russia Looks to Join World Bank Creditors Moscow Times / Vladimir Isachenkov

Russia: Planned Pipeline to Avoid Neighbors Moscow Times / Simon Ostrovsky

Australia: No buck-passing, sack the bosses Sydney Morning Herald / Anthony Higgins

Leaders in Davos are hoping for more than just a talkfest IHT / Eric Pfanner

Short-term corporate bonds attractive Reuters via Bangkok Post

UK inflation remains steady Guardian / Mark Tran

Cheney, Daft, Much to Be Quizzed on Little Green Men in Davos Bloomberg

Japan: G-7 wants currency stability: Tanigaki Japan Times

Euro May Gain on Speculation ECB Won't Sell Currency, Cut Rates Bloomberg



In search of a theme The Economist

Two-faced capitalism The Economist

Current-account balances The Economist

The loonie flies too high The Economist

Canada's Exporters Seek More Rate Cuts to Halt Dollar Bloomberg

Show Us the Cash! / Kara Newman of Thomson Financial

The Book of Jobs Daily Standard / Irwin Stelzer

Leasebacks 'Widespread' Bond Buyer / Susanna Duff Barnett

U.S. agency seeks Freddie Mac executive testimony Reuters via Yahoo

Foreign central banks hold record U.S. debt – Fed Reuters via Yahoo

CBS MarketWatch's Calandra resigns amid SEC probe Reuters via Yahoo / Jonathan Stempel

FL: A good year to build on Miami Herald / Douglas Hanks III

OH: New tire may put Goodyear on track Akron Beacon Journal / John Russell

CA: Low-Pay Sectors Dominate U.S. and State Job Growth reg LA Times / Nancy Cleeland

Economic conference is cautiously upbeat Knight Ridder via Wichita Eagle / Ken Moritsugu

CBOT ownership settlement OKd reg Chicago Tribune / Mark Skertic W/ Robert Manor

For fee, companies can trace old stocks and bonds Philadelphia Inquirer / Jeff Brown

Freddie Mac board blamed for mistakes Bloomberg via Philadelphia Inquirer / James Tyson

Treasury prices rise as investors reposition FT / Päivi Munter, Jenny Wiggins and Barney Jopson

Low-fare carriers may find '04 hard USA Today / Dan Reed

IA: Gas prices rise 14› in a month Des Moines Register / William Ryberg

CT: Global changes alter economy Connecticut Post / Rob Varnon

India's Foreign Debt Raised to Investment Grade Bloomberg

Eurozone recovery 'at risk' BBC News / Tim Weber

Brazil's Move to Halt Rate Cuts May Prevent Inflation Bloomberg

U.N.: World Unemployment Nears Record 186M AP via Dallas Fort Worth Star Telegram / Jonathan Fowler

MBA: No bubble in this forecast CNN / Sarah Max

Mortgage Rates Down AP via Newsday

Immigrant-Labor Economics reg NY Times / Jeff Madrick

Report Says Europe Is Behind on Single-Economy Goal reg NY Times / Paul Meller

AZ: Consignment stores thriving Arizona Republic / Yvette Armendariz

CA: Apartment vacancy rates surge Sacramento Bee / Andrew LePage

Economists say Bush must deal with deficits Washington Times / Patrice Hill

US inventory fears keep crude prices higher FT / Shamal Ratnayaka

Did recession begin in 2000? CNN

U.S. December Index of Leading Economic Indicators Rises 0.2% Bloomberg

Kodak to Cut Up to 15,000 Jobs, Take $1.7 Bln Charge Bloomberg

Which Wage Are We Going? National Review / John E. Tammy

Argentina's Economy to Expand 6% in 2004, Central Bank Says Bloomberg

Passing the buck Cox News via Dallas Fort Worth Star Telegram / Shelley Emiling

Inflated fears, deflated hopes The Economist 

Currency Wars Ludwig von Mises Institute / Sean Corrigan

Japan's Cash Pumping May Help Slow Yen's Rise Bloomberg / David DeRosa 

Player piano CNN / Justin Lahart

Recession dates ... who cares? CNN / Kathleen Hayes

Euro Rises as ECB Eases Concern It Will Sell Currency, Cut Rate Bloomberg

European government bond prices rise FT / Päivi Munter

No way back on globalization, ex-president tells Davos Guardian / Larry Elliott

Germany's corporate culture in the dock Guardian / Ben Aris

Aging society a threat and an opportunity Toronto Star / David Crane

Housing Keeps Driving the Economy reg NY Times / Jennifer Bayot

Wall Street Bankers, Reelection Backers Washington Post / Ben White

Former Futures Chief Settles Charges reg Reuters via NY Times

If poor get richer, does world see progress? Christian Science Monitor / Brad Knickerbocker

Australia: Give us a month, asks NAB chair Sydney Morning Herald / Anthony Hughes

Saudi prefers crude at 'miracle' price of $25 Gulf Daily News

Japan's 20-Year Sale May Draw More Bids Than Average Bloomberg

UK: Secretary stole $9.5m from firm Telegraph via Sydney Morning Herald

Euro Rises After ECB's Wellink Says Gains Are `Not Excessive' Bloomberg

Russia: Putin Has World Bank's Support Moscow Times / Alex Nicholson

Agriculture secretary defends federal response to mad cow AP via Denver Post / Mark Sherman

MN: Under-30 readers shun newspapers Minnesota Star Tribune / Steve Alexander

Fund chiefs are willing to take on more risks Bloomberg via International Herald Tribune



Causey May Put GAAP On Trial Forbes / Dan Ackman

Bonds Could Fall Under Shelter Regs Bond Buyer / Susanna Duff Barnett

Market at a crossroads Globe and Mail / David Parkinson

Financial Bubbles Rages On Prudent Bear via Safehaven / Doug Noland

Latin America to grow 4 percent this year UPI via Washington Times

It's good to talk at Davos BBC News / Mike Rake

Bond prices fall abruptly Friday AP via Seattle Post Intelligencer

Canada: Loonie retreat a delayed reaction? Ottawa Business Journal

Fading chance of ECB action hits dollar FT / Jennifer Hughes

Bush Left Economic Vision on Cutting Floor Bloomberg / Gene Sperling

FDIC And FBI Investigating Fraudulent Emails FDIC and FBI via FDIC

More cold weather keeps oil price pumped FT / Ivar Simensen

Tough EU Budget talks ahead EU Business

IMF warns Slovenia on risk accession to ERM2 could bring AFP via EU Business

Pension funds plan “huge” hedge fund move – study Investment and Pensions Europe

China's peasants opt for urban grindstone Christian Science Monitor / Robert Marquand

CA: The economic news sounds good, but why does it still feel so bad? San Jose Mercury News / Mike Cassidy

Computers are tougher to fix on Mars Seattle Post Intelligencer / Matthew Fordahl

Treasuries Tumble as Low Yields and More Supply Deter Investors Bloomberg

Chile Bonds Push Latin America Debt Sales to Record Bloomberg

Argentina May Pay Debt Advisers $88 Million Bloomberg

Parmalat employee dies in bridge plunge FT / Mark Nicholson

O.C. Money Manager Arrested in Texas reg LA Times / E. Scott Reckard

Dean criticises Greenspan over Bush tax cuts FT / James Harding

SEC threatens NYSE specialists FT / Andrei Postelnicu

Oil discovered in northwest India UPI via Washington Times

At Davos the rich hear the poor UPI via Washington Times / John C. K. Daly

Too Much Regulation? Corporate Bosses Sing the Sarbanes-Oxley Blues reg NY Times / Floyd Norris

Pentagon seeks $402 billion in 2005 CBS Market Watch / August Cole 

Fed will keep pedal to the metal CNN / Mark Gongloff

Have you bought your second home? CNN / Sarah Max

Bank mergers: There will be more CNN / Dan Cook

Prettying up the job market CNN / Mark Gongloff

Latte give Big Mac the worldwide bounce Seattle Times / Stephen Dunphy

Dean says new Fed chief needed Reuters via MSNBC and CNBC

TX: Many wait on Congress to fix 'bleak' pension shortfall Houston Chronicle / L.M. Sixel

CO: From Atkins to Fatkins Denver Post / Al Lewis

PA: Shifting retirement money to hedge funds Philadelphia Inquirer / Joseph N. DiStefano

China-US: Double bubbles in danger of colliding Asia Times via Prudent Bear / Ian Williams

Fed May Affirm `Considerable Period' of Low Rates Bloomberg 

Don't Buy Into Pension Obligation Bond Plans Bloomberg / Joe Mysak

Over-Investment Plagued the Labor Market, Too Bloomberg / Caroline Baum

Who Benefits From Free Trade, and How Ludwig von Mises Institute / Robert P. Murphy

Chile Bonds Push Latin American Debt Sales to Record Month Bloomberg

Kodak changes the picture The Economist

Russia: Yukos Hit With New Tax Evasion Charge Moscow times / Valeria Korchagina

Weakness of Critical Technology Area Has Weighed Down Sector Washington Post / Mike Musgrove

Columnist Quits Amid SEC Probe NY Post / Stephen Lynch

Recession Could Have Begun Early Washington Post / Nell Henderson

Bush's $5 trillion problem: Rising deficit troubles GOP Christian Science Monitor / Gail Russell Chaddock

US consumers borrow big to save the world Dow Jones via Sydney Morning Herald

Japanese Bonds May Gain After Auction Shows Demand Bloomberg

Weak dollar 'threat to Europe' Gulf Daily News

UK: BCC warns of danger ahead if Bank raises rates Guardian / Charlotte Denny

UK: £3bn hole in defence budget Guardian / Richard Norton-Taylor and David Gow

Japan: U.S. rules out testing all cows Japan Times / Mayumi Negishi

Japan and Russia Working Hard to Build Economic Ties reg NY Times / James Brooke

As Japan Recovers, Will Bond Yields Surge? Bloomberg / William Pesek, Jr.

Parmalat founder 'spirited 2bn' Telegraph / Bruce Johnston

How much oil does the world have left? Observer via Taipei Times

Dollar continues to plummet as doubts grow about support Reuters via Taipei Times



Cheney seeks to mend fences in Davos FT / Guy de Jonquières and Charles Pretzlik

The talk of the town at Davos: China IHT / Eric Pfanner

Global Business Leaders Fret About Growth Reuters via Yahoo / Stella Dawson

At Forum, white-collar job migration is a hot topic IHT / Jennifer L. Schenker

Investors warming up to coal industry AP via Houston Chronicle / Brad Foss

Fingers in the Dyke and Fingers in the Pie Lew Rockwell / Sean Corrigan

Dubya’s Spending spree NY Post

Gap grows between high, low earners Wall Street Journal via Indianapolis Star / Greg Ip

WI: Going... going... well, maybe Milwaukee Journal Sentinel / Kathleen Gallagher

MI: Jobless rate rises to 7.2% Detroit Free Press / John Gallagher

TX: State jobless rate rises Dallas Fort Worth Star Telegram / Andrea Ahles

MD: Realtors see more sunny days Boston Globe / Chris Reidy

Thailand's economy at risk from flu AFP via Taipei Times

China: Overseas financial institutions allowed to register directly in Shanghai People’s Daily

`Bull market for bonds almost over' Toronto Star / Rick Westhead

Jobs drought leads to freeze in US interest rates AFP via Yahoo

Halliburton officials took bribes: WSJ AP via Taipei Times

CT: Unions keep on fading Connecticut Post / Rob Varnon

MS: Experts: Time prime for refinancing Clarion Ledger / Nell Luter Floyd

CA: Orders for flood insurance are just trickling in San Diego Union Tribune / Rachel Laing 

Labor finds itself laboring reg Kansas City Star / Jerry Heaster

CA: State Bonds Lure Buyers Despite Budget Woes reg LA Times / Tom Petruno

MD: Mortgage rates dip; refinances in boom Baltimore Sun / Paul Adams 

IA: Thousands of Iowans' jobless pay set to end Des Moines Register / Jane Norman

MA: Bay State's jobless ranks swell: Level matches nation's rate Boston Herald / Jay Fitzgerald

Nasdaq Declines for First Week in Seven on Valuation Concerns Bloomberg

Runaway train CNN / Justin Lahart

Canada Dollar Falls for Second Week as Central Bank Cuts Rate Bloomberg

A Year of Worry for Cambodia's Garment Makers reg NY Times / James Brooke

Bush looking for jobs rebound Minnesota Star Tribune / David Westphal

MN: Heat costs chill profits Minnesota Star Tribune / Jim Buchta and Mike Meyers

Greenback woes put G7 on the rack Guardian / Mark Milner

Japan: 27.65 billion yen in '02 wages unpaid Japan Times

Australia: Greasing mortgage deals Sydney Morning Herald

UK: Fraud office to examine Equitable scandal Guardian / Rupert Jones and Phillip Inman

Aventis poised to fend off hostile bid Guardian / Heather Stewart

Baghdad economy perks up as income rises Gulf Daily News

WTO members divided over trade agreement Gulf Daily News

Saudi rules out plans to raise crude prices Gulf Daily News

Yes, But What High Yields? Forbes / James Grant

Berkshire shares hit milestone Omaha World Herald / Virgil Larson




What, No Inflation You Say? Bob Coppo via Guru Board 

Freddie Mac faces capital call FT via Prudent Bear / Jenny Wiggins

CA: Newly created jobs often pay much less San Diego Union Tribune / Craig D. Rose

OH: Slower sales giving buyers upper hand Toledo Blade / Gary T. Pakulski

Unlike euro, sterling's rally causes little concern AFP via Yahoo

Despite job losses, economy could help Bush in election San Francisco Chronicle / Sam Zuckerman

FL: Bankruptcy could help debt-laden `Anonymous' Miami Herald / Harriet Johnson Brackey

OH: Not a good year for many cut in '03 Akron Beacon Journal / John Russell

Dollar edges down, but pre-G7 wariness limits moves Reuters via Forbes / Chikafumi Hodo

Side Effects of Boom: Defects in Building Newsday

Analysts Feel Pressure From Feds and Companies Newsday / Pradnya Joshi

Fed isn't expected to raise rates this week USA Today / Sue Kirchoff

Dollar Consolidates After Volatile Trade Reuters via ABC News / Shinichi Kishima

Home Sweet (Temporary) Home Wall Street Journal via LA Dialy News / Jeff D. Opdyke

WA: The year of going nowhere: Area's economy never got off the ground Seattle Times / Stephen Dunphy

Fourth-Quarter Growth Seen at 5% Pace: U.S. Economy Preview Bloomberg

Taking a close look at one way the rich get richer Boston Globe / Carlo Wolff

Whose Fault Is the Decline in the Dollar? Bloomberg / David DeRosa

'Election year bounce' CBS Market Watch / Brendan January

Calif. Grocery Workers Struggle in Strike AP via Baltimore Sun / Alex Veiga

Bill Gates to get honorary knighthood Reuters via Houston Chronicle

Hog Farmers Fear Fallout From Mad Cow Case reg LA Times / Jerry Hirsch

As Fed Holds Rates Down, Investors Face Tough Choice reg LA Times / Tom Petruno

Housing to stay hot, or maybe not Chicago Tribune via Omaha world Herald

From the War on Terrorism, New Jobs reg LA Times / James Flanigan

In world upturn, politics takes a back seat to growth Bloomberg via South Florida Sun Sentinel / Simon Clark

Poor prospects for trade talks cloud Davos BBC News / Tim Weber

Lula calls for trade revolution BBC News

India: the new tiger Guardian / Rupali Mukherjee

That Five-Year Forecast Looks Great, or Does It? reg NY Times / Mark Hulbert

The Refund You've Forgotten Washington Post / Albert B. Crenshaw

Everything Goes as Expected Washington Post / Jerry Knight

Soros Says Bush Policies to Cause Boom in 2004, Bust in 2005 Bloomberg

Follow the falling dollar Minnesota Star Tribune / Mike Blahnik

Do Funds Really Need to Find New Directors? reg NY Times / Jonathan Fuerbringer

EU softens stance on tariffs Guardian / Oliver Morgan and Nick Mathiason



TX: A Perspective on the Houston Economy Federal Reserve Bank of Dallas

Economic flexibility Federal Reserve Board / Alan Greenspan

Self-employed criticize IRS proposal Washington Business Journal

Mixed prospects for states in election-year Congress / Pamela M. Prah

Traders Boost Futures Bets on Gain in Mexico's Peso Bloomberg

Canada: Strain on pension system seen, study says Globe and Mail / Roma Luciw

BMA Recommends Treasury Consider Issuing 20-Year TIPS in 2004 While Maintaining 10-Year TIPS Issuance Levels Bond Market Association

BMA's Research Government Forecast pdf Bond Market Association

US budget agency: Govt debt cap to be hit July-Sept Reuters via Yahoo

How the deficit helps credit quality Reuters via Yahoo / Eric Burroughs

TX: Dallas School District Deal To Sell Early Bond Buyer / Richard Williamson

US Treasury: No specific job growth targets for 2004 Reuters via Forbes

Crude oil falls 47 cents to $34.47 a barrel Reuters via Houston Chronicle

Coming up empty US News / Lou Dobbs

The Curious Shrinking Dollar US News / Jodie T. Allen and Paul J. Lim

Euronext to launch eurodollar futures FT / Jeremy Grant and Alex Skorecki

Canada: Loonie endures bearish volatility Ottawa Business Journal

Dollar makes headway FT / Ivar Simensen

Bailouts becoming too easy Motley Fool via Rocky Mountain News

Thai economy can survive bird flu UPI / Sonia Kolesnikov-Jessop

UK: Banks ready to call in personal guarantees after ruling Telegraph

Auto loans' hidden costs writ large CBS Market Watch / Andrea Coombes

Sovereign Boosts Presence on Cape AP via ABC News

Time to consider buying EE bonds instead of using banks South Florida Sun Sentinel / Robert K. Heady

U.S. overseas payrolls grow Sacramento Bee / Clint Swett

TN: Buyers fall behind, fail to keep homes Tennessean / Kathy Carlson

The amazing disappearing budget CNN / Mark Gongloff

US federal deficit to rise by extra $986bn FT / Christopher Swann

Next decade's deficit seen at $1.9T Reuters via CNN

NASD proposes faster corporate bond data Reuters via Forbes / John Poirier 

Bondholders may seize Argentine assets next week Reuters via Forbes / Hugh Bronstein

Stocks jump as Dow hits 31-month high AP via USA Today

Treasuries fall amid strong housing data FT / Jenny Wiggins, Päivi Munter and Mariko Sanchanta

The right medicine? The Economist

Greenspan confident about regaining jobs AP via Dallas Fort Worth Star Telegram / Martin Crutsinger

Unions took a hit in Iowa National Review / Bruce Bartlett

The Falling Dollar's World of Hurt Business Week via Yahoo

U.S. Housing/Mortgage-Backed Securities Data Calendar Reuters via Yahoo

Fannie Mae, Freddie Mac bill sale calendar Reuters via Yahoo

Watch the VIX CNN / Justin Lahart

Eastern Europe Offers Tax Challenge to EU Nations Bloomberg / Matthew Lynn

IN: State initiatives eye job creation Indianapolis Star / Norm Heikens

CA: Safeway Rewards 11 Top Execs reg LA Times / Melinda Fulmer and Kathy M. Kristof

CA: Grocery Workers' Leader Paid Like a Corporate Boss reg LA Times / Michael Hiltzik

The Future of the USA Stock Market Safehaven / Didier Sornette

Reverend Al Tells Chairman Al His Time Is Up Bloomberg / Carloine Baum

Powell troubled by Russia democracy Reuters via FT

Rate fears play on UK gilts FT / Päivi Munter and Mariko Sanchanta

Sharon fights on The Economist

UK: Brown to cut back spending Guardian / Mark Tran

Mr Protectionism's Riskiest Call The Economist via

Illegal criminal aliens abound in U.S. Washington Times / Jerry Seper

Robust Mortgage Market Is Recovery's Foundation reg LA Times / Susan M. Wachter and Mark Zandi

Hill Budget Office Sees $477B Deficit AP via Newsday / Alan Fram

U.S. Budget Deficit Estimated at $477 Billion, Person Says Bloomberg

The Undeniable Uninsured Christian Science Monitor

Pension Perniciousness Washington Post

NY: Apartment Hunting on a Huge Scale Newsday / Alan Wax

Greenspan's Confidence Should Be Cause for Concern Bloomberg 

Outspending the Drunken Sailors Newsmax / Lynn Woolley

A Recovery Unlike Others Seems to Alter Fed Rate View reg NY Times / Edmund L. Andrews

U.S. December Existing Home Sales Rise 6.9% to 6.47 Mln Rate Bloomberg

Unemployed not tempted by low-paying jobs Washington Times / Patrice Hill

Dollar gains ahead of Fed meeting FT / Ivar Simenson

Parmalat's debt is eight times greater FT / Mark Nicholson

Farewell to the axis of weasel Guardian / Larry Elliott

Canada: The fellowship for lower rates Reuters via Yahoo / Russell Blinch

Canadians invade France and start buying real estate AFP via Taipei Times

Taiwan: Chen predicts economic boom Taipei Times

China's economy is cooking on Australian gas Sydney Morning Herald / Johnn Garnaut

Weak Dollar Helps U.S. Firms, for Now Washington Post / Jonathan Weisman

A Cautionary Cloud Curtails Spending Washington Post / Dana Hedgpeth

What the Change in Germany Means Ludwig von Mises Institute / Frank X. Vogelgesang

Fraud Cases in U.K. Courts Doubled Last Year, KPMG Survey Shows Bloomberg

$63 Billion Bid for European Pharmaceutical Company reg NY Times / Andrew Ross Sorkin and Gardiner Harris

One factor the Fed ignores - we hope Christian Science Monitor / David R. Francis

Yen Rises as Trade Surplus Widens, Signaling Economic Recovery Bloomberg

Challengers to US put on brave front Gulf Daily News

Asia, U.S. in Risky Tug of War Over Dollar Bloomberg / William Pesek, Jr.

Is the US economy losing its manufacturing base? Brookes News / Gerard Jackson

Twin deficits spectre haunts the Bush economy Brookes News / Gerard Jackson

Japan's December Trade Surplus Widens 9.9% From November Bloomberg

A housing boom, led by boomers Christian Science Monitor / Ron Scherer

Treasury Investors Bearish Ahead of Fed Meeting, Survey Shows Bloomberg

Japan's lone intervention effort reveals poor risk management Japan Times



Australia's NAB/CEO: Closed Weakness In Bank System Dow Jones via Yahoo

Canada: Dollar determinants Globe and Mail / Mark Mullins

US SWAPS-Spreads steady as mortgage hedgers slumber Reuters via Yahoo Bond News

RPT-California controller urges Safeway to end strike Reuters via Yahoo Bond News

Nasdaq Suffers Worse Lost in Two Months Washington Post / Jerry Knight

CA: State unemployment fund broke Orange County Register / Catrine Johansson

Down economy ups franchising Orange County Register / Jan Norman

Hancock Bets On A Weak Dollar Bond Week via Institutional Investor

Second-Lien Influx Prompts Call For Standards Loan Market Week via Institutional Investor

Mad cow, kosher blessing Reuters via CNN

A Cheap Dollar Boom Washington Post / David Ignatius

Fed's Low Rates Spark Concern About Asset-Price Surge Bloomberg

Odd recovery affects Fed's rate behavior NY Times via Akron Beacon Journal / Edmund L. Andrews

The Jobless Recovery Washington Post

NV: Big year forecast for retail projects Las Vegas Review Journal / Hubble Smith

There's no deficit of concern reg Kansas City Star / Chris Lester

London market takes aim at Merc Eurodollar trading Chicago Sun Times / David Roeder

Canada: Goodale warns of lean budget, tough decisions Ottawa Business Journal

Smiles all round, except in Europe Guardian / William Keegan

China: Health jitters shortening China's menus People’s Daily

Election may curb bonds in Manila Bloomberg via IHT / Jim Ebias

Does the US budget deficit matter? BBC News / Steve Schifferes

IL: End of the market out-cry system? BBC News / Simon Bishop

Kraft to Cut 6,000 Jobs, Close 20 Plants AP via Newsday / Dave Carpenter

Fujitsu Uses Pay Cuts as a Motivational Tool reg NY Times / Ken Belson

Gold recovers as dollar weakens FT / Kevin Morrison

PA: Funeral sector on downbeat Philadelphia Inquirer / Porus P. Cooper

SEC Shuts Down Fla. Investment Firm AP via ABC News

U.S. eyes cattle trades made around mad cow discovery Reuters via USA Today

DIARY-U.S. Treasuries, Wednesday, Jan. 28 Reuters

Fed likely to stand pat CNN / Mark Gongloff

Perpetual Debt: From the British Empire to the American Hegemon Ludwig von Mises Institute / H.A. Trask

Warrants issued for 10 Yukos men BBC News

Disney's Eisner Got $6.25M Stock Bonus AP via Philadelphia Inquirer / Gary Gentile

The trade-off for low returns – safety Philadelphia Inquirer / Jeff Brown

Labour-market fears spell end for dollar rally FT / Ivar Simensen

Europe's Wishful Thinking Daily Standard / Irwin Stelzer

Canada: Severe labour shortage looming CP via Toronto Star

Oil for Gold! Euro vs Dollar Currency War Monitor via Safehaven / Alex Wallenwein

Flat, Fair, and Forever National Review / Ed Feulner

Individual Social Security accounts will work. Here's how National Review National Review / Ed Feulner

Strong economic recovery not enough to end deficit Washington Times / Patrice Hill

Gold drops close to $400 level FT / Kevin Morrison

Red Ink Realities reg NY Times / Paul Krugman

Housing market emits hissing sound Inman News / Shannon Adams

Everybody's Fed CNN / Justin Lahart

As U.S. spends its way to growth, world frets Knight Ridder via Wichita Eagle / Ken Moritsugu

Fed Rate Rise Is Unlikely, Few Expect ECB Cut Bloomberg / John M. Berry

Economic Freedom Means Prosperity Newsmax / Ralph R. Reiland

Dollar steady ahead of Fed and G7 meetings FT / Ivar Simensen

U.S. Economy: Consumer Confidence Hits Highest Since July '02 Bloomberg

Hong Kong is to deepen bond market People’s Daily

Venezuela Cuts Reserve Requirement for Farm Loans Bloomberg

Euro Gains on Dollar on German Confidence, ECB View of Rates Bloomberg

Your best fixed-income bet is overseas CNBC / Timothy Middleton

'A New Kind of Workforce' Emerges Washington Post / Nell Henderson and Kirstin Downey

Australia: Strong dollar could spring nasty surprises Sydney Morning Herald / Jan Eakin and James Chessell

Taiwan: Economists predict Year of the Monkey will be for the bulls Taipei Times / Jessie Ho

Japan's surplus signals recovery Bloomberg via Taipei Times

Parmalat admits real debt is14bn euros Guardian / Sophie Arie

Japan: Yen's rise against dollar shakes Fukui's optimism Japan Times

Japan: Automakers see record global output Japan Times

National Australia Doubles Estimate of Currency Loss Bloomberg

Philippine Debt Rating Lowered One Level to Ba2 by Moody's Bloomberg

Rising Rand Takes a Toll on Gold Earnings reg NY Times / Nicole Itano

Australia: Third interest rate rise tipped for March Sydney Morning Herald / Matt Wade

New Greenspan call Gulf Daily News

Europe seeks to blame dollar for its sluggishness IHT / Eric Pfanner

China's banner year felt abroad Christian Science Monitor / Robert Marquand

Russia: Soaring Arms Sales Pass $5Bln Mark Moscow Times / Lyuba Pronina

Is China an Investment Goldmine, or Minefield? Bloomberg / Andy Mukherjee



GA: Atlanta soars; state struggles Atlanta Journal Constitution via Prudent Bear / Michael E. Kanell

Martha's Defense Gets Weird Forbes / Dan Ackman

U.S. House approves bankruptcy overhaul Reuters via Yahoo

Slower Issuance Forecast in 2004 pdf Bond Market Association

Mass. Gov. OKs $8.2B of School Bonds Bond Buyer / Johanna Piazza

W. Va. Turns to Tobacco Bond Buyer / Emily Newman

NY City fixed worst fiscal woes in yrs-Moody's Reuters via Yahoo / Joan Gralla

Colorado ranks 49th in growth after tiny gain in Q3 last year Rocky Mountain News / Roger Fillion

US Trsy's Taylor: Global economy doing much better Reuters via Yahoo

Real Americans don't take bubble baths Inman News / John Downing

Deflation Has Arrived Elliott Wave via Safehaven / Robert Prechter

Markets tumble on Fed statement CP via Toronto Star / Malcolm Morrison

Canada: Royal Bank chief makes $6.9 million Toronto Star / Rob Ferguson

Canada Dollar Has Biggest Plunge in 5 Years After Fed Statement Bloomberg

Exxon hit with $6.75bn spill bill BBC News

Latin American Bonds Tumble After U.S. Changes Rate Commitment Bloomberg

Britain risks breaching EU budget rules next year AFP via EU Business

Netherlands in danger of joining EU deficit miscreants AFP via EU Business

Dollar jumps nearly 2 cents on Fed statement FT / Jennifer Hughes

CA: Foreign ban pinching big state beef exporter Sacramento Bee / Dale Kasler

Accounts will pay off in long run reg Kansas City Star / Jerry Heaster

OH: Goodyear to seek millions in loans Akron Beacon Journal / John Russell

U.S. Fed holds the line ... again Ottawa Business Journal

IMF OKs $358 Million Loans to Argentina AP via ABC News

Revised job data may fill in the blanks Detroit Free Press / Susan Tompor

On Presidential Politics, the Fed Walks a Tight Rope reg NY Times / Eduardo Porter

CA: Rent gobbling up income Orange County Register / Hang Nguyen

Fed continues with steady rate policy UPI / T. K. Maloy

Drowning in liquidity UPI / Martin Hutchinson

Dollar firms on Fed statement, but gains seen limited Reuters via Forbes / Chikafumi Hodo

Fed leaves short-term rates unchanged CNBC / Martin Wolk

Fed spooks the market CNN / Alendra Twin

Fed signal fuels expectation of rate rise FT / Alan Beattie

Fed Holds Steady on Rates, but New Message Jolts Markets reg NY Times / Edmund L. Andrews

Fed holds rates steady, but word change worries markets USA Today / Barbara Hagenbaugh

Countrywide Profit Up 121% on Low Rates, Diversification reg LA Times / Roger Vincent

Putnam Employee Testifies Of Threats Newsday

'Offshoring' meets its enemies CNN / Eric Hellweg

Prodi warns Europe against devaluation reg UK Telegraph / Ambrose Evans-Pritchard

UK: Repossessions at lowest level since 1982 Guardian / Sandra Haurant

Dollar Rises as Fed Abandons Its `Considerable Period' Phrase Bloomberg

Democrats' Fiscal Discipline Is Pure Posturing Bloomberg / Caroline Baum 

FOMC Statement Federal Reserve Board

Fed shifts gears CNN / Mark Gongloff

Fed Drops `Considerable Period,' Holds Rate at 1% Bloomberg

Fed Stands Pat At 1 Percent AP via CBS Market Watch

Bank of Italy enters regulation debate Investment and Pensions Europe

Boomtown China: Opportunity and Crisis Ludwig von Mises Institute / Grant M. Nülle

At Italy's Parmalat, the Art Was in the Accounting Bloomberg / David Pauley

China Airlines to sell NT$10bn in bonds Bloomberg via Taipei Times

Will the US Congress save Taiwan? Taipei Times / Robert Sutter

Brent crude remains volatile FT / Kevin Morrison

Corporate/Agency Bonds Community Events Calendar Reuters via Yahoo

U.S. Housing/Mortgage-Backed Securities Data Calendar Reuters via Yahoo

US regulator supports more Freddie Mac disclosure Reuters via Yahoo

Staying Loose National Review / Larry Kudlow

UK: Upbeat CBI fuels rate rise talk Guardian / Larry Elliott

Data provide small Treasury boost - Weight of upcoming auctions limits upside CBS Market Watch / Rachel Koning

SEC Now Probing Options Markets / Jenny Anderson

New home loan demand falls 10% Reuters via CNN

The Net, the bait, the con - and the hook Philadelphia Inquirer / Jeff Gelles

Bonds improve after order report CNN

UK: Too poor to go bankrupt Guardian / Press Association

MSRB Puts Dealers on Notice About Muni Bond Prices Bloomberg / Joe Mysak

Treasuries Recoup Losses on Soft Data Reuters

What Congress can do to eliminate the deficit Philadelphia Inquirer / Andrew Cassel

Sitting bear CNN / Justin Lahart

Canada Bank Is Said to Face Legal Action by Regulators reg NY Times / Riva D. Atlas

U.S. December New Home Sales Fall 5.1% to1.06 Mln Annual Rate Bloomberg

CO: State jobless rate rises over nation's Denver Post / Kelly Pate Dwyer

MA: Unbalanced books Boston Globe / Steve Bailey

Fund Misconduct Is Common, Panel Is Told reg NY Times / Stephen Labaton

Australians Become Big Investors in U.S. reg NY Times / Terry Pristin

Another coup for Kerry The Economist

Euro Falls After Wellink Signals ECB May Have Room to Cut Rates Bloomberg

Australian 4th-Qtr Consumer Price Index Rises 0.5% Bloomberg

Australia: NAB knew traders 'were over limits' Sydney Morning Herald

New auditor finds black hole at Parmalat more than $19bn deep Sydney Morning Herald / Eric Stylvers

Stewart branded as liar as trial starts FT / Joshua Chaffin

Germany's moonlighter economy Christian Science Monitor / Andreas Tzortzis

Bahrain-US free trade pact 'to bolster growth' Gulf Daily News / Soman Baby

Deficit forecast collides with Bush's plans Christian Science Monitor / Peter Grier

Russia: Soros: Let Russia Into WTO Bloomberg via Moscow Times

Russia: Yukos Probe Moves to Oil Assets Moscow Times / Valeria Korchagina

Barbarians Edging Closer to Japan's Gates Bloomberg / William Pesek, Jr.



Fed's message seems clear: Rates will rise St. Louis Post / David Nicklaus

TX: Excess office space means too few jobs Dallas Morning News / Steve Brown

Mutual-fund profiteering is not new Philadelphia Inquirer / Andrew Cassel

S&P Drops Washington GOs to AA Bond Buyer / Rochelle Williams

NASD Fee Plan Opposed Bond Buyer / Lynn Hume

Treasuries end slightly higher as Fed worries abate Reuters via Yahoo / Pedro Nicolaci da Costa

ATA nears deal on hefty debt reg Chicago Tribune / Melissa Allison

Credit-card sale boosts Sears' earnings reg AP via Chicago Tribune

Capital Exports and Free Trade Ludwig von Mises Institute / J.G. Hülsmann

Brazilian Stocks, Bonds, Currency Tumble on Inflation Concern Bloomberg

What was the Fed thinking? CNN / Mark Gongloff

The politics of US interest rates BBC News / Steve Schifferes

Household debt The Economist

The Economist poll of forecasters The Economist

Averting a global plague The Economist

A taxing battle The Economist

The kamikazes of poverty The Economist

Most mortgage rates edge higher, further rise seen Reuters via USA Today

Setback for Disney as Pixar alliance ends FT / Richard Waters and Peter Thal Larsen

Sir Bill and his dragons—past, present and future The Economist

The Trend of Vanishing Tech Jobs reg NY Times / Virginia Postrel

Bank mergers spread across country Washington Business Journal

Brazil Central Bank Expects Higher 1st-Qtr Inflation Bloomberg

US regulator ups Freddie Mac capital requirement Reuters via Yahoo

Freddie says does not need to raise more capital Reuters via Yahoo

Freddie to Out on a $200M Fix NY Post / Stephen Lynch

US Corp Bonds-Spreads flat to wider on rate fears Reuters via Yahoo / Dena Aubin

U.S. mortgage bonds slip, players ponder Fed words Reuters via Yahoo

Corporate/Agency Bonds Community Events Calendar Reuters via Yahoo

IN: First-time buyers see dreams fade Indianapolis Star / Chris O’Malley

Wall Street Lacks Patience For Fed's Patience Forbes / Dan Ackman

Fed's new wording worries Wall Street San Francisco Chronicle / Sam Zuckerman

Marts are Fed Up NY Post / Paul Tharp

Car Deals You Can't Afford Washington Post / Michelle Singletary

Taxpayers may pay less in '04 San Francisco Chronicle / Kathleen Pender

"Free" Education and Literacy Ludwig von Mises Institute / Barry Dean Simpson

2.2 Million Members Lost by AOL in 2003 Washington Post / David A. Wise

Mike Plans to Snub-Ya to Dub-Ya NY Post / Styefan C. Friedman

Meaning of Fed Language Depends on Where You Sit Bloomberg / Caroline Baum 

Fed's little tweak has big effects Minnesota Star Tribune / Mike Blahnik

Bonds fall sharply on fears of rate increases FT / Päivi Munter and Mariko Sanchanta

Gold prices under pressure FT / Neil Dennis

Dollar drifts as investors mull Fed comments FT / Jennifer Hughes

IMF Celebrates Brazil's Big Economic Bounce Bloomberg / David DeRosa 

Never say never CNN / Justin Lahart

NY: Citing Improvement, Moody's Upgrades City's Bond Outlook reg NY Times / Michael Cooper

Putnam investor outflows slowing Boston Herald / Jay Fitzgerald

The GI's weapon of choice in Iraq: dollars Christian Science Monitor / Dan Murphy

Has global oil production peaked? Christian Science Monitor / David R. Francis

Japan: Currency intervention raises eyebrows Japan Times / Hiroko Nakata

New Zealand Raises Interest Rate a Qtr Point to 5.25% Bloomberg

Australia: Who does NAB think it is kidding? Sydney Morning Herald / Christine Lacy

U.S. Notes May Rise on Prospect BOJ to Buy Them After Yen Sales Bloomberg

Dollar trades mixed amid more warnings AP, AFP and Bloomberg via IHT

EU scolds France on budget discipline IHT / Paul Meller

Malaysia Won't End Mahathir's Ringgit Peg, Soon Bloomberg / Andy Mukherjee

Japan's December Industrial Production Falls 1% Bloomberg

Russia: Yukos Told to Work Miracles Moscow Times / Valeria Korchagina



Dormant bank would be available for activation, if necessary, to clear and settle U.S. government securities Federal Reserve Board

Muni: Volume Fell To $17.1B In January Bond Buyer / Susanne Walker

Fed on cheap money UPI / Ian Cambell

WA: S&P lowers state's debt rating after reserves decline Bloomberg and Seattle Times

Capital One dispenses dividend Washington Business Journal / Jeannie Herbst

Argentina: IMF To Disburse US$ 358 Mln Ambito Financiero and Internet Securities via Institutional Investor

CA: Those left standing are weary but united, resolute San Diego Union Tribune / Jennifer Goodwin

Fed up? Strike out on your own CNN / Leslie Haggin Geary

KS: Holden says some are insurance victims reg Kansas City Star / Paul Wenske

Senate gets changes for bankruptcy Connecticut Post / Rob Varnon

Easy money The Economist

MI: New jobs are out there, but same pay isn't Detroit Free Press

FL: One guru expects retail sales to slow unless hiring picks up South Florida Sun Sentinel / Sandra Ewon Kim

Auntie’s biggest bloomer The Economist

Brazil Real, Mexico, Chile Pesos Fall on Week: Latin Currencies Bloomberg

Lawyers for HealthSouth and WorldCom Do Prosecutors' Bidding Bloomberg

Gateway Buying Computer Maker AP and Newsday via South Florida Sun Sentinel

CO: Memo to employers: Cut some slackers Denver Post / Al Lewis

Getting your bond fix CNN / Walter Updegrave

Fourth-quarter GDP comes in lower than expected MSNBC / Martin Wolk

Pension Agency to Cut Its Stock Holdings reg NY Times / Mary Williams Walsh

NYSE Chief Thain Pushes More Electronic Trading Bloomberg

Dollar Falls as U.S. Growth, Inflation Change Fed Rate Outlook Bloomberg

Russia: '93 Tender Won by Exxon Annulled Moscow Times / Valeria Korchagina

Hollinger vs. Hollinger: A Paper War Everyone but Lawyers Could Lose reg NY Times / Floyd Norris

Times Are Good When 4 Percent Growth Disappoints Bloomberg / Caroline Baum

Sallie Mae Discloses Accounting Inquiry AP via Newsday / Marcy Gordon

NY: Study: Minimum Wage Increase Needed Newsday / Carrie Mason-Draffen

Treasuries gain as U.S. growth data disappoints Reuters / Pedro Nicolaci da Costa

US Corp Bonds - Qwest sells deal, with sweeteners Reuters via Forbes / Dan Wilchins

UK: Think-tank warning on public debt BBC News

California home construction hits 14-year high Inman News

CA: County's office space glut grows Oakland Tribune / Tim Simmers

WI: Higher Gas Prices Hurt Workers Who Drive for a Living Green Bay Gazette / Richard Ryman

MA: Hire expectations Boston Globe / Kimberly Blanton

Belgian association sees 9.87% average return Investment and Pensions Europe

Canada: Pension deficit worries retirees Toronto Star / James Daw

Canada: Sears Canada profit falls 33%, sales flat Toronto Star / Dana Flavelle

Japan's December Jobless Rate Falls to 4.9% From Nov. Bloomberg

Dollar Slides as U.S. Economic Growth Falls Short of Forecasts Bloomberg

`Las Vegas of Asia' May Be Good Bet on China Bloomberg / William Pesek, Jr.

Dollar volatile after GDP data disappoint FT / Jennifer Hughes

Gold loses its lustre against strong dollar FT / Neil Dennis

US growth slows but remains on track FT / Christopher Swann

A shifting tide CNN / Justin Lahart

Buy European CNN / Justin Lahart

Your Home: Bracing for higher rates CNN / Sarah Max

Language Shift At Fed Began In December Washington Post / Nell Henderson

The other mutual funds story Seattle Times Stephen Dunphy

Funds See Inflows Continue reg LA Times / Tom Petruno

40 Russian Firms Accused of Hussein Ties Moscow Times

Bush Budget Boost Angers Conservatives AP via Baltimore Sun / Alan Fram

Nearly 2 million to lose jobless benefits by June AP via Baltimore Sun

US credit card battle hots up BBC News

High Stakes in Street’s Super Bowls NY Post / Jenny Anderson

Let's Go to England and Set Up a Municipal Market Bloomberg / Joe Mysak

Japan's December Jobless Rate Falls to 4.9% From Nov. Japan Times

As India's Economy Rises, So Do Expectations reg NY Times / Saritha Rai

US fiscal deficit forecast at $500bn FT / Alan Beattie

U.S. 4th-Quarter GDP May Have Grown at 5% Pace, Survey Shows Bloomberg

Deutsche Bank, Top Forecaster, Predicts Weaker Dollar Bloomberg

Gold falls under $400 on talk of rates rise Telegraph / Edmund Conway



FL: Dollar's slide gives Europeans fun ride Miami Herald / Douglas Hanks III

Key to jobless recovery may be lost in figures Houston Chronicle / David Ivanovich

More execs adopt stock-sale plans CBS Market Watch / Jonathan Burton

Faltering Gateway To Buy EMachines Washington Post / Mike Musgrove

Australian Dollar Posts Biggest Weekly Fall in Nearly 6 Months Bloomberg

Conseco set to be targeted by regulators FT / Adrian Michaels and Ellen Kelleher

Wisconsin has a shot at getting out of 'hell' Milwaukee Journal Sentinel / John Torinus

European Government Bonds Have Second Weekly Decline in Three Bloomberg

Bush immigration plan won't please everyone Rocky Mountain News / Juan Carlos PinzóN

Cracks in the nest egg Boston Globe / Charles Stein

CA: Grocers face Calif. Lawsuit Reuters via CNN

TX: An experimental aircraft paid off for Fort Worth Dallas Fort Worth Star Telegram / Bob Cox

Chrysler faces crucial year: report CBS Market Watch

Bank of China to be listed in 2005 People’s Daily

Discount controversy settled Bloomberg via South Florida Sun Sentinel / Otis Bilodeau

Struggle looms for free trade accord South Florida Sun Sentinel / Doreen Hemlock

NY: Is The State Rebounding Economically? AP via Newsday / Joel Stashenko

Americana becomes a tougher sell International Herald Tribune / Shelley Emling

Blown away Washington Times / Chris Baker

Taxman comes in back door reg Dallas Morning News / Scott Burns

CA: Schwarzenegger mixes loans with special interest money AP via Philadelphia Inquirer / Tom Chorneau

Mexicans in U.S. Send Record $13.3 Billion Back Home, Propping Up Weak Economy reg LA Times / Marla Dickerson

3 Foreign Banks Allowed Back Into Iraq Reuters via ABC News

Show us the jobs CBS Market Watch / Rex Nutting

Grocery strike puts pressure on Safeway CEO to pack it up AP via Seattle Times / Michael Liedtke

Betting On The Margins reg Hartford Courant / Matthew Lubanko

A nasty surprise awaits the middle class come tax day Scripps Howard via Seattle Post Intelligencer

Budgeting under Bush Washington Times

Philanthropy That Was Deeply Personal reg LA Times / Tony Perry

Economic growth slows by half Washington Times / Patrice Hill

Some day the jobs will come San Francisco Chronicle / Dave Murphy

Economy keeps growing, but not as fast as before Washington Post via Seattle Times / Nell Henderson

Uncertain fate ahead for Pixar San Francisco Chronicle via Google / Benny Evangelista

Strike sends copper soaring Reuters via Globe and Mail

NFL Cracking Down on Super Bowl Parties in Las Vegas CNN

Economic concerns remain NY Times, Bloomberg and AP via Omaha World Herald

CA: Lockyer to sue grocery chains Sacramento Bee / Gilbert Chan

T. Rowe Price's profit up 48% Baltimore Sun / Paul Adams

Treasuries Post Weekly Drop After Fed Changes Policy Statement Bloomberg

Japan's Bonds Have Weekly Gain on Stock Decline, Index Change Bloomberg

Debt-Heavy Economy May Be Too Jittery About Rates reg NY Times / Eduardo Porter

Consumer belt-tightening counters effect of Bush tax cuts Guardian / Charlotte Denny

Globalism Minus Jobs Equals Campaign Issue reg NY Times / Elizabeth Becker

UK: Patten blasts Brown's Eurozone superiority Guardian / Andrew Osborn

Regulators Prepare Complaint Against Insurer reg NY Times / Joseph B. Treaster

Conseco set to be targeted by regulators FT / Adrian Michaels and Ellen Kelleher

Research Around the World Links Religion to Economic Development reg NY Times / Felicia R. Lee

Japan: 7.15 trillion yen spent on intervention this month Japan Times

Has Swiss economy stopped ticking? International Herald Tribune / Fiona Fleck