Bondhead News Archive

May 15 – May 31


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Colorado gas wells rely on true grit Denver Post / Eric Hübler

Housing market is just a bubble waiting to pop Houston Chronicle via Real Clear Politics / Dean Baker

Deflation and Outsourcing: Somebody Finally Got It Right Lew Rockwell / Mark Thornton

HUD hopes fiat can rein in Fannie Mae and Freddie Mac Dallas Morning News / Danielle DiMartino

Sterling Earnings Reports may not Deflate Interest Rate Fears Pittsburgh Tribune Review / Gregory M. Drahuschak

Why the Saudis May Not Rescue Oil Markets This Time NY Times / Simon Romero

Greenspan's flush deficit hypocrisy Providence Journal / Robert Kuttner

Investors have too much faith, say hedge funds FT / Elizabeth Rigby

Clock ticks as EU launches final push for constitution AFP via EU Business

Fear of Soaring Washington Post / Nell Henderson

NY: Upstate New York economy lagging AP via Newsday

PA: $2-a-gallon gas not yet altering life Philadelphia Inquirer / Akweli Parker and Linda Loyd

Why we tend to take fuel prices personally Philadelphia Inquirer / Jeff Brown

NY: From predator to prey, bank pendulum swings NY Post / Gregg Wirth

Death Metal Obscene Prophets via Safehaven / Rodney C. Cook

Election-Year Shuffle on the Minimum Wage NY Times

O.K., Investors, Who's Afraid of a Rate Increase? NY Times / Jonathan Fuerbringer

CA: Jobs, not rates, fuel housing Orange County Register / Jonathan Lansner

UT: As rates rise, home buyers look at alternatives to fixed interest Salt Lake Tribune / Lesley Mitchell

Mortgage rates head upward San Francisco Chronicle / Kathleen Pender

China is hot - a bit too hot LA Times via Orlando Sentinel / Tyler Marshall and Mark Magnier

Don’t blame Greenspan for market weakness NY Post / Desmond McRae

Wal-Bank Orlando Sentinel / Richard Burnett

As technology evolves, so will our jobs Boston Globe / Charles Stein

Don't Let the Fed Catch You Flat-Footed Wall Street Journal via Denver Post / Greg Ip

MN: 'Not a handshake world' Minneapolis Star Tribune / Joy Powell

CA: Homeowners with heavy losses in the October firestorms file a variety of insurance grievances with the state San Diego Union Tribune / Dean Calbreath

TIPS gaining new respect from nervous investors Baltimore Sun / Eileen Ambrose

Boost in sales should have restaurateurs licking their chops Morning Call / Kurt Blumenau

Bank of Japan Frets Over the Bond Market Bloomberg / David DeRosa

U.S. Treasury Notes Set to Resume Declines, Survey Indicates Bloomberg / Al Yoon

Hybrid securities pose more questions than answers St Louis Post Dispatch / David Nicklaus

Broken promises in the Rust Belt Boston Globe / Stephen J. Glain

Inflation's Specter Could Yet Sully Dollar Rebound Reuters / John Parry

Dollar May Extend Three-Month Gain Against Euro on Rate Outlook Bloomberg / Joshua Krongold

Regional Indexes Show Factories in Stride: U.S. Economy Preview Bloomberg / Vince Golle

Popular ARM loans can misfire for some homebuyers Reuters / Aleksandrs Rozens

Economists Try to Translate Fed Statements AP via Newsday / Jeanine Aversa

In textile country, free trade tears at party loyalties Wall Street Journal via The State / Michael W. Phillips and Jeanne Cummings

China's banks face crisis Guardian – Observer / Nick Mathiason

Sure Things in Mexico: Death, Taxes and Evasion LA Times / Marla Dickerson

The Gap opens up on cheap labor Denver Post / Al Lewis

WA: A peek at spending Seattle Times / Stephen Dunphy

At $2 a Gallon, Gas Is Still Worth Guzzling NY Times / Danny Hakim

Oil Prices Said a Source of Instability AP via Baltimore Sun / Jamal Halaby

Tight Oil Supply Won't Ease Soon NY Times / Neela Banerjee

World braced for oil shock Guardian – Observer / Oliver Morgan

Psst. Why Insider Trading Keeps Going NY Times / Landon Thomas, Jr.

Sizing Up Bonds -- Before the Fed Acts LA Times / Tom Petruno

Mortgages when you don't fit the mold LA Times / Kenneth R. Harney

As Mortgage Rates Rise, Dreams Are Downsized NY Times / Jonathan Fuerbringer



EBay CEO: Collecting taxes 'too much to ask' Washington Business Journal / Kent Hoover

Housing dreams, realities Dallas Morning News / Danielle DiMartino

Dallas-Area Voters OK Bond Plans Bond Buyer / Richard Williamson

CA: A Missed Opportunity Bond Buyer / Rich Saskal

Persuading the Feds to Buy More Than Ideas Washington Post / Jeffrey H. Birnbaum

MBA degree soars in popularity in Asia Knight Ridder via Miami Herald / John Boudreau

The Corporate World's Trade Secrets Forbes / Julie Watson

Denying Economic Reality Safehaven / Magnus Ekervik

Correction or crisis? CNN / Michael Sivy

Bond blues are building CBS Market Watch via Prudent Bear / Peter Brimelow

House of credit cards Providence Journal via Philadelphia Inquirer and Real Clear Politics / Froma Harrop

Japan: The yes and no of inflation revival -- how far downstream are you? Japan Times / Noriko Hama

Freddie Mac, Fannie Mae Are Fast-Growing No Longer Washington Post / Jerry Knight

The Correction Continues! Safehaven / Andre Gratian

Six Apple execs cash in options Mercury News via Silicon / Dan Lee

Kmart Earns $93M in 1Q, but Sales Slip AP via Newsday / David Runk

Bill Daley takes top J.P. Morgan post Chicago Tribune / Mark Skertic

Some Analysts Salute Markets for Already Raising Rates NY Times / Edmund L. Andrews

Janklow released from jail today Sioux Falls Argus Leader Jon Walker

There's No Easy Answer on Oil LA Times / James F. Peltz

Canada Dollar Falls on Prospect of Shrinking Rate Gap Bloomberg / Sangeetha Ramaswamy

The Euro's Biggest Strength? - Its Weakness! The Euro vs Dollar Currency War Monitor via Safehaven / Alex Wallenwein

India: Economic implications of electoral politics BBC News / Kaushik Basu

Partnerships pay off for Fannie Mae Wall Street Journal via Baltimore Sun / John McKinnon

Belgium Revels In Demand For Long Bonds With 30-Yr OLO Euro Week via Institutional Investor

Court Rules in Favor of Consumer Debtors AP via Newsday / Gina Holland

Yahoo, Google and Internet math Wall Street Journal via Baltimore Sun / Scott Thurm

Fed: U.S. deficit nt risk to world economy UPI via Washington Times

South Florida housing market still thrives despite interest rate threat South Florida Sun Sentinel / Robyn Friedman

If Wal-Mart is worried, maybe we should be, too Financial Post / Peter Morton

CA: Soaring material costs hit home Fresno Bee / Lisa Aleman-Padilla

Sallie Mae prices floating rate note issue Reuters

Fannie Mae average duration gap widens in April Reuters / Richard Leong

Stocks Fall Globally on Higher Oil Prices and Bombings NY Times / Jonathon Fuerbringer

Builder Confidence Holds Strong And Steady In May NAHB

Housing Market Index Components NAHB

Corporate Governance and Community Banks Federal Reserve Board / Susan Schmidt Bies

Coming Fed Storm Yields Income Opportunities Bloomberg / John Wasik

Offshoring of U.S. Jobs Said Accelerating AP via Philadelphia Inquirer / Rachel Konrad

The Role of Central Banks in Fostering Efficiency and Stability in the Global Financial System Federal Reserve Board / Roger W. Ferguson, Jr.

Second guessing the Fed CNN / Kathleen Hayes

New York Fed's May Factory Index Falls to 30.2 Bloomberg / Will Edwards

Thatcher Economics National Review / Bruce Bartlett

U.S. Treasuries up on weak stocks, safety bid Reuters / Ellen Freilich

Treasuries Rise as Investors Seek Havens After Iraq Bombing Bloomberg / Lianne Gutcher and Heather Bandur

U.S. Praise Taylor-Made to Hide Japan Faults Bloomberg / William Pesek Jr.

Mortgage terms getting riskier Chicago Tribune via Akron Beacon Journal / Michael Oneal and Susan Chandler

Ignorant journalist claims minimum wages wipe out poverty Brookes News / Gerard Jackson

Immigrants May Play Key Role As Boomers Retire Hartford Courant / Meg Richards

Oil prices soar amid deepening crisis in Iraq FT / Neil Dennis

Gold Prices Jump in London After Bomb Attacks in Turkey, Iraq Bloomberg / Laura Humble

Europe Faces Recession Threat as Oil Prices Surge Bloomberg / Matthew Lynn

From Bankrupt to Billions, With Big Investment of Time NY Times / Riva D. Atlas

Strong set to clear way for sale Reuters via CNN

An Industry That Dares Not Meet in the Country of Its Best Customers NY Times / Matt Richtel

Khodorkovsky Wants Judge, Not Jury, as Trial Date Nears Reuters, AP and Bloomberg via Moscow Times

Dollar Falls Against Yen, Euro in Asia After Bombing in Turkey Bloomberg / John Brinsley

Deutsche Bank Boosts Asia Profit With Discount Government Debt Bloomberg / Rob Stewart

Yen Weakens on Stock Declines, Calls for Koizumi's Resignation Bloomberg / John Brinsley

Japan's March Current Account Surplus Narrows 13% Bloomberg / Mayumi Otsuma

Is a DreamWorks IPO in the works? NY Times via IHT / Laura M. Holson and Sharon Waxman

What the options are for lowering oil prices Christian Science Monitor / Ron Scherer

Crude calculations Guardian

Germans forced to consider longer hours to keep jobs AP via Omaha World Herald

Japan's Economy Probably Grew at 3.8% Pace in the 1st Quarter Bloomberg / Lily Nonomiya



What Investment Patterns across Equipment and Industries Tell Us about the Recent Investment Boom and Bust FRB of NY / Jonathan McCarthy

Hot Stats—Texas Exports Federal Reserve Bank of Dallas

The situation with soaring gas prices is better than you think. And worse Daily Standard / Irwin Stelzer

Rebel could still be right Dallas Morning News / Danielle DiMartino

Institutions move away from risk – reports Investment and Pensions Europe

Retailers ring up bright sales, but future looks cloudy USA Today / Lorrie Grant

Wachovia Merges Leveraged Loan & Junk Bond Units Corporate Financing Week via  Institutional Investor / Dan Freed

Illinois a One-Shot Away Bond Buyer / Yvette Shields

Canadian 10-Year Bonds Decline on Outlook for Quicker Inflation Bloomberg / Sangeetha Ramaswamy

CA: Rating agency downgrades San Francisco's debt AP via Sacramento Bee

India: Investors stunned Gulf Daily News

EU battles to keep constitution deal on track AFP via EU Business

Venezuela 1st Qtr GDP Grew Record 29.8 Percent on Oil Rebound Bloomberg / Alex Kennedy

Don't Fret About Gas, Worry About Energy Washington Post / Allan Sloan

The Expansion Is Accelerating National Review / David Malpass

Jobs flying faster from U.S. San Francisco Chronicle / John Shinal

CA: Lending leeway Orange County Register / Hang Nguyen

AZ: Used-home sales in Valley set April record Arizona Republic / Glen Creno

ACA Names Roseman to Replace Satz Bond Buyer / Helen Chang

Crude falls $1.01 to $40.54 a barrel Reuters via Houston Chronicle

Dreams fuel IPO revival,not reality Denver Post / Al Lewis

Be true to your school (of thought) CBS Market Watch / Paul Merriman

Mergers lead to costly gasoline Bloomberg via Detroit Free Press / Jim Efstathiou Jr.

Opec ready to stem surge in oil price FT / Carola Hoyos, Javier Blas and Kevin Morrison

MD: Fill the tank? Not these days Baltimore Sun / Lorraine Mirabella and June Arney

Dems blast Bush for high gas prices CNN / Wayne Drash

US won't tap oil reserve to ease prices-Bush admin Reuters via Forbes / Tom Doggett and Chris Baltimore

Republicans in Congress Reach Compromise on Fiscal 2005 Budget Bloomberg / Laura Litvan

Renter beware AP via Washington Times / Eileen Alt Powell

Greenspan: four more years CNN

Jobs going overseas faster than thought Charlotte Observer / Stella M. Hopkins

How Not To Cool Hot China Forbes / Robyn Meredith

Treasury prices lower as stocks rally FT / Jennifer Hughe, Paivi Munter and Mariko Sanchanta

Bush to Nominate Greenspan to Fifth Term at Fed Bloomberg / Craig Torres

Comments on the Economy and Banking Federal Reserve Bank of Richmond / J. Alfred Broaddus, Jr.

Broaddus comments, stock bounce hit US Treasuries Reuters / Pedro Nicolaci da Costa

Asia’s stockmarkets fall out of favour The Economist

Other reasons to worry The Economist

Gold, Touted as Shelter, Gets Caught Up in Storms Bloomberg / Chet Currier

Good Forecasting Means Knowing When to Fold 'Em Bloomberg / Caroline Baum

Fund managers feel fear CNN

Housing starts slip CNN

Markets do `Fed's work' as global events slow economies Chicago Tribune / Bill Barnhart

States turn to gambling to fix budget woes / Pamela M. Prah

Deutsche Junk Bond Issue Blows Up NY Post / Jenny Anderson

Jobs and benefits are a la carte now Dallas Morning News / Scott Burns  

A Chinese bust is well on the way Taipei Times / Christopher Lingle

UK: House price boom 'will continue' Guardian / Rupert Jones

US braced for more jobs to go offshore Telegraph

Skyrocketing oil prices have Tony Blair over a barrel Guardian via Taipei Times / Larry Elliott

The Misery Index Forbes / Jack Anderson

1987 Warnings Revisited SBRB Management via Safehaven / Don Delavan

Latin Migrants to U.S. Send Billions Home NY Times / Elizabeth Becker

Asia Honeymoons in Scary Shadow of Global Risks Bloomberg / Andy Mukherjee

Exports Help Japan Show Robust Rate of Growth NY Times / Todd Zaun

Yen Gains; Japan's First-Quarter GDP Grew More Than Forecast Bloomberg / John Brinsley

Euro Declines on Expectations German Investor Confidence Fell Bloomberg / John Brinsley

Bank of America Was Biggest Buyer of Debt It Sold for Parmalat Bloomberg / Andrew Davis and James Pressley

Japanese GDP Grew at Annual 5.6% Pace in 1st Qtr Bloomberg / Lily Nonomiya




Remarks Before the Exchequer Club FDIC / Donald Powell

Statehouse lobbying hits $890 million / Pamela M. Prah

KS: A sweet season Wichita Eagle / Phyllis Jacobs Griekspoor

Making Sense Out of Monthly Housing Starts Freddie Mac / Frank E. Nothaft

Interest Rates in One Lesson Lew Rockwell / Gary North

Figuring out Alan Greenspan Dallas Morning News / Danielle DiMartino

Why A Dose Of Inflation Is Good For You Time via Newsmax / Daniel Kadlec

Guiding Principles To Promote Integrity of Fixed Income Research BMA

Canada's place in the world is rapidly changing Toronto Star / David Crane

U.S. House backs budget, Senate support uncertain Reuters / Anna Willard

Solving the Immigration Problem Newsmax / Jon E. Dougherty

IMF official: banking reorganization crucial to secure sustainable growth of China's economy People’s Daily

U.S.'s Taylor Calls Collective Action Clauses `Market Standard' Bloomberg / Brendan Murray

N.J. Surplus Won't Alter Bond Plans Bond Buyer / Jill D'Ambrosio

Bond Pro Is Still Running Bond Buyer / Susanne Walker

Brazil Uses Cash to Repay Debt as Bond Yields Surge Bloomberg / Jeb Blount

Treasuries hit by profit-taking after short rally Reuters / Pedro Nicolaci da Costa

US Corp Bonds-Spreads narrow as new issues come Reuters

Rising mortgage rates dampen Fannie's forecast Washington Business Journal / Jeff Clabaugh

Will We Run Out of Energy? Ludwig von Mises Institute / Mark Brandly

Fed chief in right place, but at the wrong time Philadelphia Inquirer / Andrew Cassel

Fears over banks' lending to hedge funds FT / Jennifer Hughes, Jenny Wiggins and Elizabeth Rigby

CBOT to challenge Nymex on metals FT / Jeremy Grant

Ex-Freddie CEO sues OFHEO over pay Dow Jones via CNN

UK bond prices drop after "hawkish" minutes FT / Paivi Munte, Jennifer Hughes and Mariko Sanchanta

Profiling the new 'irrational investor' CBS Market Watch / Paul B. Farrell

We'd better get used to it as oil prices barrel upward Houston Chronicle / Loren Steffy

WA: State's jobless rate climbs, along with job gains Seattle Times / Levi J. Long

Paying for TV, one channel at a time Philadelphia Inquirer / Jeff Gelles

Brazil Keeps Benchmark Lending Rate at 16 Percent Bloomberg / Charles Penty

UK: Bank debated bigger UK rate rise BBC News

Fed's Bies Speaks: Financial Companies' Risk Management audio Bloomberg

India’s Backward Stance National Review / Bruce Bartlett

Studies: Economy's lower rungs are rickety Morning Call / Ameet Sachdev

Being There Pimco / Mohamed A. El-Erian

Enron traders' bragging taped Sacramento Bee / Dale Kasler

MI: Economy recovering, but deficit remains Detroit Free Press / Dawson Bell

Corporate Governance: Where Do We Go From Here? Federal Reserve Board / Susan Schmidt Bies

Treasury Notes Fall; Central Bankers Signal Inflation Concerns Bloomberg / Elizabeth Stanton

UK bond prices drop after MPC minutes FT / Päivi Munter

Bond Market Awakens from Slumber / Stephen Taub

Small Firms Defending Use of Consultants in Muniland Bloomberg / Joe Mysak

Do deficits matter? CNN / Walter Updegrave

U.S. Mortgage Applications Drop as Home Buying Slows Bloomberg / Joe Richter

Oil won't derail economy – Santomero Reuters via CNN

$3 a gallon gasoline predicted AP via Philadelphia Inquirer

Rebound Isn't Adding Much To Workers' Pay Chicago Tribune / Ameet Sachdev

From India to Korea, Politics Spooks Markets Bloomberg / William Pesek Jr.

Japan's economy outpaces United States Guardian / Ashley Seager

Chirac says US trade deficits a problem AAP via Sydney Morning Herald

Speculation on stewardship of Fed enters a pause FT / Andrew Balls

Japanese boom puts pressure on the dollar Reuters via IHT

The Bubbles Mr. Greenspan has Created Tomorrows Gold via Safehaven / Marc Faber

M3 Money Supply: Support of a Different Kind The Technical Take via Safehaven / Guy M. Lerner

Yen Strengthens as Japanese Stocks Advance on Economic Outlook Bloomberg / John Brinsley



More oil won't help Globe And Mail / Mathew Ingram

CA: Median price of housing in county hits $439,000 San Diego Union Tribune / Roger M. Showley

Canada Bonds Gain After April Inflation Rate Is Below Forecast Bloomberg / Sangeetha Ramaswamy

MSRB: Rule Changes Coming Bond Buyer / Lynn Hume

Chicago Gets Committee OK For $1.5B Bond Buyer / Yvette Shields

Greenspan: Free markets helped world rebound from 2001 terrorist attacks San Diego Union Tribune / Martin Crutsinger

Brazil Real Reaches 13-Month Low on Central Bank Rate Decision Bloomberg / Romina Nicaretta

U.S. Treasuries steady in Asia, retain gains Reuters

Fed's Bernanke says neutral funds rate can vary Reuters

Treasuries rise as US data disappoint FT / Jennifer Hughes, Paivi Munter and Mariko Sanchanta

Calpers Scalps Hospitals Forbes / Dan Ackman

Does Highway Spending Really Pay Off? NY Times / Virginia Powell

FL: Hurricanes driving up price of home insurance AP via USA Today

Procter shuffles top team Cincinnati Enquirer / Cliff Peale

Free advice for multimillion-dollar windfall Philadelphia Inquirer / Karl Stark

Greek budget mess earns EU rebuke BBC News

Officials set for Russia-EU talks BBC News / Sarah Rainsford

Canadian long-term mortgage rates rise again, by more than tenth points CP via

OPEC Helpless as Oil Boils Near Highs Reuters via NY Times

Fed's Bernanke Says Rate Policy Not `Unconditional' Bloomberg / Craig Torres

Gradualism Federal Reserve Board / Ben S. Bernanke

Acceptance of the Eisenhower Medal Federal Reserve Board / Alan Greenspan

Revived inflation the biggest concern for U.S. economy Seattle Times / Stephen Dunphy

Rates Rise, Changing Face of Home Sales NY Times / Jennifer Bayot

That boycott sure showed big oil who’s boss, huh? The Virginian-Pilot / Kerry Dougherty

Crude falls 58 cents to $40.92 a barrel Reuters via Houston Chronicle

Sky-high gas prices? Not really Boston Globe / Jeff Jacoby

U.S.: Don't go changing G7 currency policy CBS Market Watch / Corbett B. Daly

Argentine Creditors Say Government Broke Debt Pledge Bloomberg / Daniel Helft

Pimco retains CalPERS seal of approval Orange County Register

Factories slow, but jobs coming Reuters via CNN

Dollar bets come home to roost IHT / Floyd Norris

CA: Pitfalls of rising prices Orange County Register / James B. Kelleher

Chen redux The Economist

Current-account balance The Economist

Food supply The Economist

Still at its mercy The Economist

Business Outlook Survey Federal Reserve Bank of Philadelphia

Testimony before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate Federal Reserve Bank of New York / Thomas C. Baxter, Jr.

U.S. May Philadelphia Fed Factory Index Falls to 23.8 Bloomberg / Carlos Torres

MA: Higher rates may hurt home prices: Economist predicts a dip, not a collapse Boston Herald / Jay Fitzgerald

Oil prices pressuring the Fed San Francisco Chronicle / Kathleen Pender

30-year mortgage rate eases CNN

Workplace Financial Education Federal Reserve Board / Edward M. Gramlich

U.S. 10-Year Treasury Rises as Weekly Jobless Claims Increase Bloomberg / Robert Burgess

Gilts remain under pressure after BoE minutes FT / Päivi Munter

OPEC chief: Output could be upped 15% Morning Call / Bruce Stanley

Economists downplay US jobless claims rise FT / Christopher Swann

Leading indicators show narrow growth CNN

U.S. Initial Jobless Claims Rose 12,000 to 345,000 Bloomberg / Courtney Schlisserman

Brazil's Central Bank Begins Taking the Heat Bloomberg / David DeRosa

Unprofitable companies turn to IPOs USA Today via Prudent Bear / Matt Krantz

Mr. Market’s Moods National Review / James Glassman

Dollar rises as attention turns to Fed rate rises FT / Steve Johnson

Bush slide worries the party The Hill / Alexander Bolton and Geoff Earle

Circus Game Pimco / Bill Gross                                                                

How gas prices figure into 'big picture' politics Christian Science monitor / Linda Feldmann

A Quiet Foreign Invasion of Korea's Giants NY Times / James Brooke

The man who stayed too long Salon via Google News / James K. Galbraith

BOJ Keeps Its Policy Unchanged as Deflation Lingers Bloomberg / Mayumi Otsuma

Brown urges Opec to pump more oil Guardian / Ashley Seager

UK: Inflation is a month ahead of the Bank Telegraph / Neil Collins

Japan: Bankruptcies down for 16th month Japan Times

Pinning Hopes for a Rally on a Slowing Economy NY Times / Jonathan Fuerbringer

Job cuts are in the air at Qwest Omaha World Herald / Virgil Larson

U.S. Treasuries May Fall; Inflation Concerns Curb Debt Demand Bloomberg / Shamim Adam

Gasoline Prices Soar on U.S. Supply Concern, Boosting Crude Oil Bloomberg / Gavin Evans

Russia: Jailed Tycoons Circle Wagons Moscow Times / Alex Fak



2004 Article IV Consultation with the United States of America Concluding Statement of the IMF Mission IMF

CO: Two investment firms join forces in Denver Denver Post / Aldo Svaldi

Mellon names director of global institutional sales Institutional Investor / Daniel Brooksbank

Is it a bull or a bear? USA Today / Adam Shell

Korea: GDP Grows 5.3% in 1st Quarter Korea Times / Kim Yon-se

Russia boosts energy production UPI

Personal bankruptcies climb, but rate of increase slows AP via Houston Chronicle

Paying Off The Piper Daily Reckoning via Safehaven / John Myers

CA: Gov. Schwarzenegger is stealing the show / Stephen Robitaille

Deutsche Bank Fixed-Income Revenue to Fall 5%, CSFB Forecasts Bloomberg / Christine Harper

European High-Yield Issuance Grinds To A Halt Bondweek / Marlies Morsink

Going For Broker Institutional Investor / Loch Anderson

FDIC Reports First Quarter 2004 Financial Results for Bank and Thrift Insurance Funds FDIC

Google deals another blow to tradition FT / Richard Waters

Greenwich Report: Hedge Fund Investors Should Be Ready For More Scrutiny Institutional Investor

Fink Says `Culture' Problem Still Threatens Funds Bloomberg / Chet Currier

In world of funds, it's 'buyer beware' Milwaukee Journal Sentinel / Jason Gertzen

Inflation Accommodation Prudent Bear via Safehaven / Doug Noland

Grilling could become costlier AP via Grand Forks Herald

UK: Mortgage lending continues boom BBC News

The economic mind of India's new PM UPI / Indrajit Basu

Yen Rises to 2-Week High Against Dollar as Japanese Stocks Rise Bloomberg / Monee Fields-White

Mexico Peso Has 10th Weekly Loss on Outlook for U.S Rate Boost Bloomberg / Jennifer Coogan

Canada: Labour productivity plummetted in 2003 Ottawa Business Journal

Subprime Mortgage Lending: Benefits, Costs, and Challenges Federal Reserve Board / Edward M. Gramlich

NYSE, Reed And The Fat Man Play Chicken Forbes / Dan Ackman

Washington Mutual soars on talk HSBC might buy it Reuters / Jonathan Stempel

PIMCO's Gross sees deflation risk Reuters via CNN

CA: Moody's boosts state credit rating Sacramento Business Journal

Home buyers expected to set record for mortgages Bloomberg via Philadelphia Inquirer / Kathleen M. Howley

CO: Gas prices may spawn new pirates Denver Post / Al Lewis

Subprime lending a societal plus-Fed's Gramlich Reuters

Russia: Officials Play Down EU Summit AP via Moscow Times / Steve Gutterman

Dollar softens on dovish Fed talk FT / Steve Johnson

Mortgage rush leaves some homeowners overexposed Chicago Tribune via Detroit Free Press

FL: Cement shortage has builders hitting wall South Florida Sun Sentinel / Jack Snyder

Saudi Arabia Boosts Proposed Increase in OPEC Bloomberg / Sean Evers

Saudi offer of more oil could have little effect Houston Chronicle / David Ivanovich

Yield spreads widen as uncertainty reigns FT / Jenny Wiggins

US Corp Bonds-No news is good news for spreads Reuters / Dan Wilchins

CA: Bay home prices rocket San Francisco Chronicle / Kelly Zito

Fed rate hikes and you CNN / Jeanne Sahadi

Fed Funds at 4%? Not Until Year-End 2005, Survey Says Bloomberg / Heather Bandur

Fewer Investors Buying Muni Bonds, IRS Data Shows Bloomberg / Joe Mysak

‘Risk Management’ in Eye of Beholder Bloomberg / Caroline Baum

CalPERS: Pimco 'not out of the woods' Orange County Register / James B. Kelleher

Pundits in War of Words NY Post / Keith J. Kelly

Rates Likely to Rise in Small Steps Washington Post / Nell Henderson

Booming China Devouring Raw Materials Washington Post / Peter s. Goodman

Japan: Ultraeasy monetary policy goes unchanged Japan Times / Yuji Utsunomiya

Australia: Aussie dollar's rally short-lived AAP via Sydney Morning Herald

Qwest officials won't comment on rumors of hundreds of layoffs Dow Jones via Minneapolis Star Tribune

Fed's McTeer says US inflation a concern AAP via Sydney Morning Herald

China Is Global Economy's 800-Pound Gorilla Bloomberg / William Pesek Jr.

Yen Heads for First Weekly Gain in Seven on Improving Growth Bloomberg / John Brinsley




Economics and Ethical Behaviors Federal Reserve Board / Roger W. Ferguson, Jr.

Commencement – School of Business – Virginia Commonwealth University Federal Reserve Bank of Richmond / J. Alfred Broaddus, Jr.

WI: Dairy farms of all sizes in the money Wisconsin State Journal / Jason Stein

Global report on job jitters AP via NY Daily News

Foreign or domestic coal? It all depends on cost Houston Chronicle / Laura Goldberg

UK: Unemployment time bomb is ticking inside list of benefit claimants Guardian / Peter Hetherington

UK: House buying spree likely to bring new interest rate rise Guardian / Ashley Seager and Larry Elliott

NE: Threat of rate increases giving house hunters a push Omaha World Herald / Jonathan Wegner

China: So many consumers, so little profit IHT / Holly Hubbard Preston

Canada: China feasts on Canada's resources Globe and Mail / John Heinzl

South Korean Won, Singapore Dollar Round Out Best Week in Seven Bloomberg / Christina Soon

OPEC: Wait until June CNN

Is it a comeback or a step back? Minneapolis Star Tribune H.J. Cummins

Trust, more than money, is the issue, Spitzer says Milwaukee Journal Sentinel / Kathleen Gallagher and Paul Gores

The Sleaziest Journalism on Earth Thoughts from The Frontline via Safehaven / John Mauldin

The moribund markets are all about the 'multiple' Globe and Mail / Mathew Ingram

IN: Local home sales rose 7.2% in April Indianapolis Star / Norm Heikens

Bush Says Job Gains in 45 States Show Economic Boost Bloomberg / Roger Runningen

Bursting deflation bubble Dallas Morning News / Scott Burns

Korea: Personal Bankruptcies Soaring Korea Times / Kim Jae-kyoung

U.S. 10-Year Note Rises for Week on Fed Comments, Iraq Bombings Bloomberg / Elizabeth Stanton

CA: Bond Rater Gives State a Little Credit LA Times / Jeffrey L. Rabin

Japanese Bonds Have Weekly Gain; Index Tempers Growth Outlook Bloomberg / Keiko Ujikane and Beth Thomas

European Two-Year Notes Rise for Second Week on Oil Concern Bloomberg / John Beresford-Peirse

More and more, U.S. needs imported gas AP via Morning Call / Brad Foss

Australia: Female economists have home truths for Howard Sydney Morning Herald / Ross Gittins

Fed may start raising rates in June toward 4% AP via Charlotte Observer

Fixed, variable or hybrid mortgage? Seattle Post Intelligencer / Kathleen Pender

Russia strikes deal on WTO Telegraph / Daniel McLaughlin

Warning, warning: Higher leverage Bloomberg via IHT



For some, minimum wage brings maximum misery Albany Times via Houston Chronicle / Alan Wechsler

Oil prices hit harder for some Dallas Morning News / Jim Landers

Investor living in prison of regret Pittsburgh Tribune Review / Jack Markowitz

China Aids Growth of World Economy Pittsburgh Tribune Review / Gregory Drahuschak

Inflation seen as picking up this year Seattle Post Intelligencer / Jeannine Aversa

Oil: We have the ability to cut imports & lower prices Pittsburgh Tribune Review and / H. Sterling Burnett

The economic sheriff who stood up to inflation Boston Globe / Charles Stein

Analysts often clueless about firms they cover Washington Post via Boston Globe / Anitha Reddy

China faces its own trade deficit UPI via

Junk bond bubble starts to deflate FT / Jenny Wiggins

I can see clearly now... CNN / Mark Gongloff

AK: Mining is bullish as metals prices soar, regulatory hurdles disappear Anchorage Daily News / Paula Dobbyn

Economists expect slight rise in rates USA Today / Barbara Hagenbaugh and Barbara Hansen

Inflation Is Next Fight at the Bank of Japan? Bloomberg / David DeRosa

IMF man is new German president BBC News

Spectre of higher rates spooks junk stocks FT / Stephen Schurr

Snow: 'Vital' to Boost Oil Production Reuters via ABC News / Glenn Somerville

Bond Trust Liquidation May Cost Investors AP via Virginia Pilot / Eileen Simon

U.S. Treasury's Snow News Conf.: G-7, Energy and Oil Prices audio Bloomberg

To Foes, CalPERS Needs to Check Itself LA Times / Tom Petruno

What the Boom Will Do in 2010 Washington Post / James K. Glassman

With mutual funds, small is beautiful Boston Herald / Alan Lavine

Alan’s View on Inflation Perils Bush NY Post / Terry Keenan

As recovery steams along, workers play the caboose Chicago Tribune via Indianapolis Star / Ameet Sachdev

Largest transfer of wealth Miami Herald / Harriet Johnson Brackey

Fed shifting its focus from job growth to rising prices Wall Street Journal via Orange County Register / Greg Ip

Bear market funds aren't for most investors AP via Wichita Eagle / Meg Richards

Time recovers from AOL wreck The Australian / Rodney Dalton

When Times are Good Forecasting is Easy NY Post / Bruce Meyerson

WA: Finally a 'dream' Forecast Seattle Times / Stephen Dunphy

OR: Want milk? It will cost you Salem Statesman Journal / Michael Rose

First-Quarter Growth Seen at a 4.5% Rate: U.S. Economy Preview Bloomberg / Vince Golle

Silly indexes add up to serious data Denver Post / Al Lewis

Bond analysts' conflicts next to be addressed Chicago Tribune / Bill Barnhart

Homes elude working families Baltimore Sun

U.K. Lenders Say Interest Rates Must Double, Telegraph Reports Bloomberg / Mathew Carr

Survival Guide to Emerging Markets Wall Street Journal via Denver Post / Craig Karmin

Don't let your job ooze away in all that oil, Mr. President Baltimore Sun / Jay Hancock

NY: As more people shop on credit, stores rack up profits on high interest and fees Newsday / Lauren Weber

Not changing our driving habits – yet Newsday / Charles V. Zehren

UPS is scurrying to stay out ahead Baltimore Sun / Meredith Cohn

Commodities Are Hot --  Here's a Way to Play Them Wall Street Journal via Denver Post / Eleanor Laise

G-7 Ministers Will Ask Oil Producers to Raise Output Bloomberg / Simon Kennedy and Brendan Murray

Dispelling Six Mutual-Fund Myths Wall Street Journal via Denver Post / Jonathan Clements

Brown begins assault on EU farm subsidies Guardian – Observer / Nick Mathiason

Insiders Are Selling Like It's 1999 NY Times / Eric Dash and David Leonhardt

The Oil Question: To Fret or Not to Fret NY Times / Edmund L. Andrews

There, in Grasso's Corner, Is That Oliver North? NY Times / Landon Thomas, Jr.

Calm Down. That Wolf at the Door Has Been Here Before. NY Times / Ben Stein

At Least the Contrarians Are Smiling NY Times / Ben Stein

The Pleasures and Pitfalls of Second Homes NY Times / Susan B. Garland



UK: Mortgage lenders warn of looming housing crash... Telegraph / Teresa Hunter

Sticker Shock Daily Standard / Irwin M. Stelzer

Big Changes in Illinois? Bond Buyer / Yvette Shields

N.Y.C. Plans MAC Deal In Early June Bond Buyer / Michael McDonald

Big economic cycle is started with the loss of just one job St. Louis Post dispatch / Dale Dauten

IMF says US leads global growth but warns of risks Reuters

Market does the work, Fed takes the credit Financial Post via

The Fed's cozy links with Bush Barron’s via National Post and / Alan Abelson

The Bear's Lair: Empty mansions UPI / Martin Hutchinson

U.S. Treasury Outlook - Home sales, consumer mood Reuters

Bond yields rise as markets focus on crude FT / Paivi Munter, Jennifer Hughes and Barney Jopson

NY: Big boost for small banks NY Daily News / Daniel Dunaief

G7 finance ministers hail pension reforms Investment and Pensions Europe / Daniel Brooksbank

The permanent failures of Russian capitalism Guardian via Taipei Times / Will Hutton

CA: Report: Default threat haunts California home sales Sacramento Business Journal

What’s to blame for high gas prices? Look in your driveway Chicago Tribune via South Florida Sun Sentinel

Oil Price Settles at New High of $41.72 Chicago Tribune / Brad Foss

Lehman Brothers Names Gregory President AP via Newsday

Boeing's Portfolio Sold to General Electric for $2 Billion AP via NY Times

Look out, Vermont! Historic group worried by Wal-Marts AP via USA Today

Canada's Dollar Will Fall Because of Political Risk, RBC Says Bloomberg / Joshua Krongold

Brazilian Currency May Hold Near Low as Yields Climb Bloomberg / Charles Penty and Rita Nazareth

Spitzer Shooting At Lame Ducks Forbes / Ari Weinberg Sues Over Toy Sales AP via Philadelphia Inquirer

Saudis: $30 Is Fair Price for Oil Barrel AP via Baltimore Sun / Bruce Stanley

Spitzer Sues Grasso to Recover Part of Pay Package Bloomberg / Philip Boroff

Pennsylvanian coming home to run fund Philadelphia Inquirer / Joseph N. DiStefano

Lt. Gov. Kerry on the job: Taxes rose under Dem presidential candidate, but so did economy Boston Herald / Jay Fitzgerald

Inflation expected to jump 2.5% Baltimore Sun / Jeannine Aversa

Mexico Loses Share of U.S. Market to Chinese Goods Bloomberg / Thomas Black

UK: Mortgage lenders warn of looming housing crash Telegraph / Teresa Hunter

An oily monkey on our back CNN / Kathleen Hayes

Think cars run better on premium gas? It’s a myth Garnett News via Green Bay Gazette

Don't get fueled again CNN / Paul R. La Monica

Rob the Cradle Forbes / James M. Clash

CA: Bond aid for every investor LA Daily News / Jabulani Leffall

TX: Rules on mortgage advertising tightened to benefit consumers Dallas Fort Worth Star Telegram / Teresa McUsic

Cisco and FASB: Options Showdown / Craig Schneider

Commodity Bubble Forbes / Lisa W. Hess

Many Questions, Few Answers on Pension Consultants Bloomberg / John Wasik

Higher Oil Prices Are Not Like a Tax. Really Bloomberg / Caroline Baum

Shell restates 2002 reserves for the fourth time FT / Clay Harris

Gasoline Price Probes Are a Recipe for Shortages Bloomberg / Doron Levin

Japanese banks' results highlight recovery FT / David Ibison

Dollar steady despite mixed signals from oil FT / Neil Dennis

U.S. Treasury Notes May Fall on Inflation Concern, Debt Auction Bloomberg / Heather Bandur

U.S. Recovery Seen Continuing Amid Record Oil, Gasoline Prices Bloomberg

UK: Bank 'to get more aggressive about rates' London Times / Lea Paterson and Peter Klinger

Connecticut Widens Insurance Inquiry NY Times / Joseph B. Treaster

Profits Do Not Cause High Prices Ludwig von Mises Institute / William L. Anderson

The World's Powerhouse Newsweek via MSNBC / Robert Samuelson

Dollar Gains on Speculation U.S. Consumer Confidence Increased Bloomberg / Yumi Kuramitsu

Rebound in U.S. hiring fails to help Bush's standing NY Times via IHT / Richard W. Stevenson

Greenspan, his limo rides, and the future of interest rates Christian Science Monitor / David R. Francis

On the road and in the red Christian Science Monitor / Eric C. Evarts

Gold May Rise on Concern Inflation Will Outpace Rate Gains Bloomberg / Choy Leng Yeong

Yen May Advance as Pace of Japan's Growth Accelerates Bloomberg / Joshua Krongold




A volatile force is with us Dallas Morning News / Danielle DiMartino

High fuel costs create extreme ripple effect Miami Herald / Gregg Fields

Oil traders vs. the Saudis Globe and M ail / Mathew Ingram

June: swoon or boom? CNN / Mark Gongloff

2004 Survey of Consumer Finances to Begin Federal Reserve Board

Health costs hurting more small businesses Mercury News / Steve Johnson

A bad time to be in debt Dallas Morning News via Tallahassee Democrat / Anuradha Raghunathan

Punishing credit card rates? Just wait CNN / Jeanne Sahadi

KS: State targets rising rate of insurance fraud Wichita Eagle / Deb Gruver

CA: Staple rice prices pinch buyers Oakland Tribune / David Morrill

The Impact on U.S. Banking of Payment System Changes FDIC

Fund Firm Cuts Fees, And No One Had to Ask Washington Post / Allan Sloan

Wells in position to grow rapidly San Francisco Chronicle / Dan Fost

Quattrone asks for new trial AP via Tallahassee Democrat / Erin McClam

Central European EU states back further enlargement to Balkans AFP via EU Business

IMF Executive Board Reviews Fund's Income Position IMF

Mexican Banks to Help Government Finance Mortgages Bloomberg / Alexander Hanrath

S&P sees more bad loans in China AFP via Taipei Times

Canada: Why oil firm stocks aren't gushing profit Toronto Star / Bill Carrigan

Which airline is next? CNN / Chris Isidore

Dollar must fall to cool US trade gap-economists Reuters

Oil and trouble Guardian / William Keegan

The State Was a Mistake Ludwig von Mises Institute / Walter Block

U.S. firms branded as enemies Denver Post / Al Lewis

US Corp Bonds-Spreads wider; rate fears persist Reuters / Dena Aubin

Fixed-income funds that fix inflation Dallas Morning News / Scott Burns

Greenspan asks for help in Fed survey AP via Tri-City Herald

In surprise move, president of Bank of America resigns Boston globe / Sasha Talcott

Dèjá vu All Over Again? (Part 2) Clif Droke Market Analysis via Safehaven / Clif Droke

Argentine Bonds Surge on Report Kirchner to Improve Debt Offer Bloomberg / Andrew J. Barden

Fears over global growth lift Treasuries FT / Jenny Wiggin, Paivi Munter and Barney Jopson

Crude falls 58 cents to $41.14 a barrel Dow Jones and AP via Houston Chronicle

Does Spitzer have conflict of interest? CNN

Grasso vows countersuit over pay AP via Baltimore Sun

Spitzer Vs. Grasso--For Love Or Money Forbes / Dan Ackman

Computer Associates Offered $10 Mln to Settle Probes Bloomberg / Ron Day

Broker to the Queen Prefers Offering but Will Consider Offers NY Times / Alan Cowell

Eurozone bond prices fall after weak Ifo survey FT / Päivi Munter

Merged Bank Loses A Leader Hartford Courant / Kenneth R. Gosselin

Dollar and yen fall as oil price remains high FT / Steve Johnson

Amsterdamned The Economist

Cost of rising oil prices: $60 billion Reuters via CNN

Saudi oil minister says $30-$34 fair AP via Anchorage Daily News / Bruce Stanley

The march on Moscow The Economist

Grasso the snake NY Post / Paul Tharp

Eisner in Moore trouble over film NY Post / Tim Arango

Pitt Would Enhance Financial Reports / David M. Katz

Conference Board's Smith: May Consumer Confidence, Jobs audio - Bloomberg

Hanging in With Bond Funds as Interest Rates Rise Bloomberg / Chet Currier

U.S. Treasuries Rise on Speculation Oil Gains Will Curb Growth Bloomberg / Lianne Gutcher and Heather Bandur

U.S. May Consumer Confidence Index Rises to 93.2 Bloomberg / Carlos Torres

Strong Financial: A bargain that could pay off Minneapolis Star Tribune / Chris Serres

Boeing Capital confirms asset disposal FT / Caroline Daniel

The Cola Wars Go Low-Carb Washington Post / Margaret Webb Pressler

Japan's 20-Year Sale May Draw Investors Seeking Value Bloomberg / Keiko Ujikane

Yen Erases Loss After S&P Says It May Raise Japan Bank Ratings Bloomberg / Taizo Hirose

Russia: Ministry: Economy Will Beat Forecasts Reuters via Moscow Times / Dmitry Solovyov

Working into the 'Golden Years' Minneapolis Star Tribune / H.J. Cummins

China's Landing -- Hard? Soft? Or `Can't Say?' Bloomberg / Andy Mukherjee



ARMs lose a bit of muscle Dallas Morning News / Danielle DiMartino

Candidates take a thrashing over economics UPI / Dar Haddix

Big-picture look at six challenges Philadelphia Inquirer / Andrew Cassel

Baby boomers could have more in retirement Akron Beacon Journal

CO: Home-buying spree Rocky Mountain News / John Rebchook

Atlanta Set For $750M Airport Deal Bond Buyer / Tedra DeSue

European High-Yield Issuance Grinds To A Halt Bond week via Institutional Investor / Marlies Morsink

Brazilian Inflation Accelerates, Pushing Up Yields Bloomberg / Carlos Caminada

Canada: CIBC profit rises; dividend boosted Toronto Star / Craig Wong

Forbes, Donaldson Should Give Hedge Funds a Break Bloomberg / Matthew Lynn

Snow Says He Unknowingly Held Fannie Mae, Freddie Mac Bonds Bloomberg / Brendan Murray

Commodities slog higher on rainfall Chicago Tribune / Greg Burns

Hedge Funds Head For The Exits Forbes / Deborah Orr

U.S. Treasury's Snow held mortgage company debt Reuters

Tape Reveals 'Loaded' Nixon Newsmax

Boss departs with zillions, his enabler is lingering on Baltimore Sun / Jay Hancock

Comcast dives into Internet phone service Reuters via USA Today

Chicago OK's first Wal-Mart store UPI via Washington Times

Dow repeats seesaw pattern Chicago Tribune / Bill Barnhart

Record US debts mean milder Fed rate hikes ahead Reuters / Alister Bull

Improved gas mileage? Louisville Courier Journal

China: Soft Landing or Bust? Ludwig von Mises Institute / Frank Shostak

Europe: Screw the share price, this is war, says O'Leary Telegraph / Alistair Osborne

Banking on airlines making a profit is a flight of fancy St Louis Post Dispatch / David Nicklaus

GE Launches Biggest IPO in Two Years / Stephen Taub

Observers poke holes in Krispy Kreme carb story NY Post / Suzanne Kapner

Dollar Broadly Weakens After Soft Data Reuters via ABC News / Gertrude Chavez

See Dick Kvetch NY Post / Jenny Anderson

The people’s lawyer strikes again The Economist

He Won/t Go Away NY Post / Paul Tharp and Jennifer Anderson

Cantor Re-Ups at E. 57th Digs NY Post / Lois Weiss

Refinancing demand at '04 low Reuters via CNN

FL: Developers say condos selling fast downtown Orlando Sentinel / Jack Snyder

FL: Red-hot housing market surges Miami Herald / Douglas Hanks III

Bond Sales Drop, Still Heading for Third Best Year Bloomberg / Joe Mysak

Bank of England Follows `Gradualism' With Rates Bloomberg / John M. Berry

CA: Another Blow for Tollway Bonds LA Times / Dan Weikel

Eurozone bond prices rise slightly FT / Päivi Munter

Strong Capital secures deal with Wells Fargo FT / James Politi

CT: In Hartford Area, Signs Of Improvement Hartford Courant / Kenneth R. Gosselin

Mass. condo prices hit record Boston Globe / Chris Reidy

U.S. Orders for Durable Goods Fell 2.9% in April Bloomberg / Kevin Miller

New home sales tumble CNN

The South emerges as jobs haven Christian Science Monitor / Patrick Jonsson

Singapore: a model for China? Christian Science Monitor / Simon Montlake

Australia: Boomers on the rise Sydney Morning Herald / Leon Gettler

Yen Trades at Two-Week High; Trade Report Shows Economic Growth Bloomberg / John Brinsley

Japan's Banks Rebound, No Thanks to Koizumi Bloomberg / William Pesek Jr.

Japan's April Trade Surplus Narrows 1.8% to 985.5 Bln Yen Bloomberg / Lily Nonomiya



Boat owners fill up at gas stations, limit time on water to save money USA Today / Chris Woodyard

UK: Investors learn to hedge their bets BBC News / Matthew Davies

Fed rates to rise but how much, who knows -Dallas Fed Reuters

Virginia keeps up its straight-A bond rating Washington Business Journal / Jeff Clabaugh

To assess I Bonds, look at historical returns Scott Burns via Houston Chronicle

NV: State taxable sales soar as economy booms Las Vegas Sun / Cy Ryan

Surge in the use of credit options FT / Alex Skorecki

Canada Existing Home Prices Rise to Record for Third Month Bloomberg / Greg Quinn

Will SEC probe of Wellington hurt Vanguard? Miami Herald / Harriet Johnson Brackey

Garbage in, garbage out The Economist

What if? The Economist

The Big Mac Index - Food for thought The Economist

Exports surged 19% in April in Hong Kong Bloomberg via IHT / Kenneth Wong

Heavy rains sprout concern, calendar-watching among farmers AP via Philadelphia Inquirer

Oil retreats below $40 a barrel BBC News

Rumbling from the right The Economist

Knucklehead Economists Newsmax / Ralph R. Reiland

Ex-Rite Aid CEO Gets 8-Year Prison Term AP via Baltimore Sun / Mark Scolforo

Fixed-rate mortgages resume climb AP via USA Today

Doing the Fed's dirty work CNN / Mark Gongloff

CA: Lost-Treasure Hunting LA Times / Kathy Kristof

May auto sales climb despite high gas prices Reuters via USA Today

Argentina to Have Debt Restructuring Plan Next Week Bloomberg / Daniel Helft

How high can they go? USA Today / Sue Kirchhoff and Matt Krantz

Treasuries rise again after benign data FT / Paivi Munter and Jenny Wiggins

War Strains Supply Chain AP via Hartford Courant

Dollar Tumbles as U.S. Jobless Claims Are Higher Than Forecast Bloomberg / Steve Rothwell and Vivianne Rodrigues

U.S. Economy Grew at a 4.4% Rate in First Quarter Bloomberg / Carlos Torres

U.S.: Mexico to the rescue on oil Reuters via CNN

Fund Managers Required to Disclose Personal Trades LA Times / Jonathan Peterson

Readers Revolt, React to Idea Oil Is Not a Tax Bloomberg / Caroline Baum

U.S. Treasuries May Fall on View Growth to Spur Higher Rates Bloomberg / Shamim Adam

Australia: Bond market closes slightly firmer Sydney Morning Herald

Putin pushes 2006 for ruble conversion NY Times via IHT / Erin Arvedlund




Houston’s Big Sequel Bond Buyer / Elizabeth Albanese

California's Deal Drives May Volume Bond Buyer / Susanne Walker

NY: Vision of a mini-Vegas by the sea FT / Amy Yee

Spitzer's Lawsuit Against Grasso Steps Up the War Bloomberg / Ann Woolner

USDA won't pay for food safety training UPI / Steve Mitchell

VA: Arlington camera acts as a rolling tax collector Washington Times /

Tarron Lively

FL: Records show Palm Beach County property values continued to soar in '03 South Florida Sun Sentinel / Anthony Man and Leon Fooksman

What's Rich? IRS Statistics Say $200,000 and More Bloomberg / Joe Mysak

Mexican Central Bank Says It May Raise Interest Rates Bloomberg / Alexander Hanrath

Gas isn’t the highest automobile expense Green Bay Gazette / Gannett News

Ex-Qwest exec pleads guilty AP via Minneapolis Star Tribune / Sandy Shore

Eurozone inflation jumps to two-year high FT / Ralph Atkins

Big Hopes Survive the Decline in Emerging Markets Bloomberg / Chet Currier

Business events scheduled for the coming month AP via Florida Times Union

Wanted: A psychologist for the SEC AP via Baltimore Sun / Judith Burns

America's wake-up call Baltimore Sun / Robert Little and Lorraine Mirabella

Fidelity manager: I made mistakes Reuters via CNN

FBI Raids Office of L.A. Money Manager LA Times / E. Scott Reckard

Canada: Farm incomes crash: Cash income drops 43.3% in 2003, worse in 25 years Financial Post / Sandra E. Martin And Mitch Moxley

Mexico Looking to Branch Out LA Times / Marla Dickerson

Korea: Bank Capital Quality Worsens Korea Times / Kim Jae-kyoung

How marketplace grades education Philadelphia Inquirer / Andrew Cassel

Yahoo! Co-Founder to Sell 8 Million Shares AP via Hartford Courant / Michael Liedtke

From Amsterdam to Beirut The Economist

IL: Rising rates to chill suburban real estate Chicago Tribune / Thomas Corfman

MI: A win in the battle to diversify economy Detroit Free Press / Jeff Bennett

Nothing to fear but terror itself Denver Post / Al Lewis

TREASURY: Snow's holdings to be reviewed Bloomberg via Chicago Tribune

Fed's Chief Spoilsport Becomes Mr. Accommodation Bloomberg / David Pauly

Treasuries Fall After Chicago Purchasing Mangers Index Rises Bloomberg / Robert Burgess

Bonds trim losses on inflation news CNN

OPEC's Price Goal Lower; Also Higher Forbes / Dan Ackman

Chicago PMI up sharply CNN

U.S. April Personal Spending Rises 0.3%; Incomes Rise 0.6% Bloomberg

Britain still booming as house prices and exports hit highs Guardian / Rupert Jones and Ashley Seager

If Oil Supplies Were Disrupted, Then ... NY Times / Simon Romero

Poor Economy Is Driving East Germans From Home NY Times / Kevin J. O’Brien

Country risk The Economist

China May Be a Prisoner of Greenspan's Fed Bloomberg / William Pesek Jr.

U.S. 10-year Treasuries Decline; Faster Growth May Boost Hiring Bloomberg / Shamim Adam

Yen Gains to 3-Week High as Japan Spending Surges, Stocks Rise Bloomberg / John Brinsley

Dollar falters on fears about economic growth IHT / Eric Pfanner

Crude Oil Falls a Fourth Day as OPEC May Raise Output in Beirut Bloomberg / Gavin Evans

But Its Only 30 or 40 Basis Points! Gillespie Research Associates via  Safehaven / Douglas R. Gillespie, Sr.

Yukos Warns It May Go Bankrupt Moscow Times / Greg Walters and Catherine Belton



Stagflation risk is low, but still worth watching Globe and Mail / Mathew Ingram

UK: Remortgages less popular as interest rates increase Guardian / Rupert Jones

TX: As lumber and steel spike, builders and home buyers taking price hit in the eaves Houston Chronicle / Bill Hensel Jr.

CO: Going for the gold Rocky Mountain News / Gargi Chakrabarty

TX: Some see junk, but scrap metal dealer sees cash Houston Chronicle / Bill Hensel, Jr.

WI: The price of frozen custard Milwaukee Journal Sentinel / Avrum D. Lank

Little evidence of illegal activity Milwaukee Journal Sentinel / Kathleen Gallagher and Paul Gores

Free Trade, Conservative Style Lew Rockwell / Gary North

It's Time for the Fed to Reload Thoughts from the Frontline via Safehaven / John Mauldin

It's good to know Greenspan will be around Ithaca Journal via Troy Record

Touch of takeover fever in gold sector Toronto Star

Ford sues U.S. government Toronto Star

Starbucks may face shortage Bloomberg via Indianapolis Star

Gold - Rising Again! Union Securities via Safehaven / David Chapman

Unwanted additive irritates Houston Chronicle / David Ivanovich

Facing oil's ugly realities Dallas Morning News / Scott Burns

Free-trade deal far from done AP via Dallas Fort Worth Star Telegram / Martin Crutsinger

Merger fallout widens at Bank of America Boston Globe / Sasha Talcott

Mexico's banks want to win the nation's trust Dallas Morning News / Ricardo Sandoval

E-mail: Schwab ready to eliminate jobs Reuters via CNN

China drains raw materials Knight Ridder via Detroit Free Press / Ken Moritsugu and Tim Johnson

A Different Era for the Alternative Energy Business NY Times / Barnaby J. Feder

When paychecks go from dollars to pesos AP via Knox News / Lynn Brezosky

'Factory home' gets new meaning AP via Minneapolis Star Tribune / Martin Finucane

Yen Gains for Second Week Against Dollar as Economy Strengthens Bloomberg / Vivianne Rodrigues and Mark Tannenbaum

OPEC Meeting May Increase Quotas for Oil NY Times Heather Timmons and Erin E. Arvedlund

Cough up more for your coffee NY Post / Anne Becker

U.S. and 5 Central American countries sign free-trade accord AP and Reuters via IHT

U.S. energy official praises Russia's oil increase NY Times via IHT / Erin E. Arvedlund

Japan's Bonds Have Weekly Decline on Record Household Spending Bloomberg / Beth Thomas and Chris Cooper


Increased oil production vies with possible rate hike for market’s attention Pittsburgh Tribune Review / Gregory M. Drahuschak

Slew of strong economic data won't make week easy for all Dallas Morning News / Danielle DiMartino

Record inflows into hedge funds FT / Peter Smith and Elizabeth Rigby

Beware bursting of the money bubble FT

Markets will be quiet with U.S. holiday ahead of OPEC meeting CP via National Post / Malcolm Morrison

Odds favor big guy in pharmacy takeover fight Baltimore Sun / Jay Hancock

CA: Wider divide leading to pricier homes, study says San Diego Union Tribune / Craig D. Rose

NC: Cry for uptown condos climbs Charlotte Observer / Doug Smith

SC: More local families losing homes The State / Noelle Phillips

TN: Offshoring isn't an American exclusive Tennessean / Keith Russel

A lesson in Bonds 101 Seattle Times / Stephen Dunphy

NV: Home buyers ante up LA Times / Allison B. Cohen

NY: At least for now, hybrids are still a curiosity Buffalo News / Matt Glynn

U.S. thirst for oil puts strain on aging refineries, pipeline system Arkansas News Bureau / Wesley Brown

Three good reasons to be rationally exuberant Boston Globe / Charles Stein

Here's what Dick Strong should have said Boston Globe / Chuck Jaffe

Is Korea's Economy in Dire Straits? Korea Times / Peter W Strydom and Cho Hyung-kwon

Korea: IMF Warns of Moral Hazard of Credit Delinquents Korea Times / Cho Hyoung-kwon

Maybe it's time to panic about gas Morning Call / Robert Little and Lorraine Mirabella

Companies Kept Adding Workers This Month: U.S. Economy Preview Bloomberg / Carlos Torres

Saudi to keep oil flowing after attack Reuters via CNN

Pols, left and right, taking on gas issue Philadelphia Inquirer / Andrew Cassel

Oil Companies Exceed Land Limit AP via Chicago Tribune / David Pace

PA: Reality behind dream vacation home Philadelphia Inquirer / Jeff Brown

MN: A long way from the lake Minneapolis Star Tribune / Jim Buchta

Getting giddy over Google Philadelphia Inquirer / Wendy Tanaka

Market Beware, for Japan's MOF Is Watching Bloomberg / David DeRosa

Dealmaker clichés need less synergy Denver Post / Al Lewis

Exchange-Traded Funds Catch More Eyes Dow Jones via Wall Street Journal and LA Daily News / Tara Siegel Bernard

Are Boomers Maturing? Wall Street Journal via LA Daily News / Kelly Greene

Party's fading for low Fed rate Denver Post / Aldo Svaldi

FL: Summer forecast: High occupancy rates South Florida Sun Sentinel / Tom Stieghorst and Greg Groeller

Stat of the week Wall Street Journal via LA Daily News

Shouldn't Greenspan Quit While He's Ahead? NY Times / Daniel Akst

The State-Tax Tug of War NY Times / Daniel Gross

How the Short-Sellers Choose Their Targets NY Times / Norm Alster

Dick’s Bill of Goods NY Post / Terry Keenan

Big Oil guzzles profits as gas prices rise Worker’s World / Greg Butterfield

Survey: Markets scaring funds AP via NY Post / Meg Richards

Will the Fed's Slow-Mo Approach Backfire? NY Times / Gretchen Morgenson

At (Your Name Here) Arena, Money Talks NY Times / Richard Sandomir

Do we have to beg for affordable oil? Guardian – Observer / William Keegan

Sad, but true: IT really doesn't matter any more Guardian – Observer / John Naughton

Britons to break through 1 trillion debt level Guardian – Observer / Maria Scott



TX: Elderly wells are bubbling again Houston Chronicle / Nelson Antosh

UK: Mortgages grow at fastest ever rate Telegraph / Robert Watts

Why not use U.S. oil reserve? Globe and Mail / Mathew Ingram

Crony Capitalism UPI / Martin Hutchinson

Canada Bonds Decline as Growth Exceeds Economists' Forecasts Bloomberg / Sangeetha Ramaswamy

European 10-Year Bond Yields at Highest in 2004 on Growth View Bloomberg / Richard Blackden

Personal services could offer best prospects Gannett News via Argus Leader / Rhonda Abrams

Why consumer spending is bad for the US economy Brookes News / Gerard Jackson

U.S. economy looking good from afar, Scottish economist says Observer Reporter / Michael Bradwell

Corn May Rise for Second Week as Rain Hurts Crop, Survey Shows Bloomberg / Jeff Wilson

Gold...Why This Pullback is Different Technical Take via Safehaven / Guy M. Lerner

Leading oil exporters to hike production AP via Tri-City Herald / Glenn McKenzie

Foreigners buy $483 mln of Chinese bad debt assets Reuters / Tamora Vidaillet

China creates 6.92 million new jobs in 2003 People’s Daily

Big cities lag in job rebound Chicago Tribune / Robert Manor

GE Could Be In for a Shaky Ride LA Times / Richard Verrier

Korea: Neighborhood of U.S. Base Is Hot Real Estate in Korea NY Times / James Brooke

VA: As credit unions expand their reach, banks are mobilizing Virginia Pilot / Tom Shean

FL: Mastering the art of collecting Miami Herald / Sharon Harvey Rosenberg

The Buffetteers Forbes / Michael Maiello

Smart investors learn to exploit dividends Oakland Tribune / Cliff Pletschet

Pension Under-funding Is the Emerging Global Dragon Bloomberg / John Wasik

I was scapegoat, says jailed banker Guardian / Nils Pratley

Detour on Easy Street Lew Rockwell / Gary North

Credit card habit eating away at retirement Dallas Morning News via Houston Chronicle / Anuradha Raghunathan

It's the dry season Florida Times Union / David Decamp

Argentina to Finalize Plan for Debt Rescheduling Offer Today Bloomberg / Daniel Helft

Does Wal-Mart Destroy Communities? Ludwig von Mises Institute / William L. Anderson

Ripplewood's Windfalls Good for Japan, Too Bloomberg / William Pesek Jr.

Emerging Debt Eyes Payrolls Report Reuters via ABC News

Eurozone bond prices fall ahead of data FT / Päivi Munter

High prices may cost Bush his re-election Baltimore Sun / David L. Greene

Yen Ahead as Holidays Hit Europe, U.S. Reuters via ABC News / Charlotte Cooper

Russia: Stock Market Dives Over Yukos Worries Moscow Times / Catherine Belton

Japan: Numbers show road to recovery fraught with inflationary risk Japan Times / Teruhiko Mano

U.S. Bond Investors Become More Bearish on Jobs Growth Forecast Bloomberg / Elizabeth Stanton

Dollar May Drop for Fourth Week Against Euro, Survey Indicates Bloomberg / Mark Tannenbaum