Bondhead News Archive

December 01 – December 31

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More Guns and Butter via Safehaven / Hans F. Sennholz

Japan and China - The Wild Card in the Bond Market Safehaven / Dan Norcini

BondWorks Institutional Advisors via Safehaven / Levente Mady

'World is still out of whack' Dallas Morning News / Danielle DiMartino

With higher prices, gold may cost more to wear Milwaukee Journal Sentinel / Doris Hajewski

US Treasuries ease in Asia as dollar sinks vs euro Reuters

European Securitisation Issuance Increases 34 Percent Bond Market Association

It's best of economies, it's worst of economies Boston Herald / Jay Fitzgerald

Sears execs sell millions in stock, but none buy Knight Ridder via Bradenton Herald / Becky Yerak and Andrew Countryman

MA: State's economy surges in October Boston Globe / Robert Gavin

CO: Business activity improving in mountain states AP via Denver Post

A guide to Bush's first tax hike The Slate / Daniel Gross

Money for Nothing The Slate / Henry Blodget

Currency depreciation does not bring prosperity National Review / Michael T. Darda

Dollar Pressure Points National Review / Bruce Bartlett

Not Time to Panic on Falling Dollar But Risks Lurk Reuters / Gertrude Chavez

The King's Gold Machine Rude Awakening via Daily Reckoning / Tom Dyson

CalPERS Ousts Harrigan As Its President AP via ABC News and 1st Headlines

Getting Airplay! Daily Pfennig via Daily Reckoning / Chuck Butler

WA: Dollar's slide lifts local exporters Seattle Times / Alwyn Scott

UK: Bank warns of slowing economy Evening Standard via This Is London / Jane Padgham

UK: One-quarter live below poverty line This Is Money / Michael Clarke

Exit Strategy Daily Reckoning / Paul Van Eeden

Oil prices plunge on supply rise BBC News

CT: Home Building May Top 2003's Hartford Courant / Kenneth R. Gosselin

Single-person businesses increase to 17.6 million San Francisco Chronicle / Tom Abate

Tomorrow's Headlines Today Market Watch Elliott Wave

Japan and ECB mull joint currency move FT / Alan Beattie

CA: O.C. jobless rate ties for lowest in U.S. Orange County Register

Do Hedge Funds Calm Markets or Inflate Bubbles? Bloomberg / Matthew Lynn

Fed sees economy humming Reuters via CNN

Beige Book Federal Reserve Board

U.S. Treasuries slip anew on firm data, soft oil Reuters / Wayne Cole

Dollar Drops on Speculation U.S. Officials Seek Weaker Currency Bloomberg / Rodrigo Davies and Vivianne C. Rodrigues

Grocery workers left holding the bag? Dallas Morning News / Maria Halkias

A Culture Of Subsidies Inflates Costs Washington Post / Steven Pearlstein

Hedge Fund Would Take a Gamble With Assets LA Times / Tom Petruno

An opportunity to spend less Philadelphia Inquirer / Andrew Cassel

Consumer Confidence Drops Sharply AP via Mercury News and Google News

Shareholder Democracy: Never Worked, Never Will Forbes Dan Ackman

Consumer Spending, Incomes Up in October AP via Forbes

Factory Growth Picks Up Speed in November Reuters

TX: Commercial foreclosures up 24% Dallas Morning News / Steve Brown

The Logic of Economic Law Ludwig von Mises Institute / Marcus Verhaegh

Dollar Weakens; Global Policy Makers Give Sellers `Green Light' Bloomberg / John Brinsley

Now Is Your Chance to Get Out of U.S. Tobacco Bonds Bloomberg / Joe Mysak

U.S. ISM Factory Index May Rise to 57 for Month, Survey Shows Bloomberg / Carlos Torres

Failure to cut deficits 'will sacrifice young' FT / Chris Giles and Scheherazade Daneshkhu

ECB warns growth in Europe is stalling IHT / Carter Dougherty

Taiwan: S&P revises outlook to negative Taipei Times / Kevin Chen

Calpers Trustee Takes Aim at Executives' Options Bloomberg / Graef Crystal

Spending-bill factory springs some leaks Christian Science Monitor / Gail Russell Chaddock

'The age of cheap oil is over' Guardian / Larry Elliott

"Official" with French Gold Sales - their part in a rising gold price and falling $ Gold – authentic Money via Safehaven / Julian D. W. Phillips

S.E.C. to Reveal Overhaul Plan for Markets NY Times / Jenny Anderson

NASD fines 29 brokerages Minneapolis Star Tribune / Chris Serres

Signs That Japan's Economic Recovery Is Fading NY Times / Todd Zaun

UK: Bank says economic slowdown won't last Guardian / Ashley Seager

UK: Brown hit by economy warning Guardian / Larry Elliott

ECB likely to keep interest rates on hold as inflation dips FT / Ralph Atkins

UK: Fixed rates back on the agenda Telegraph

Don't Gloat Too Much Asia; Tough 2005 Looms Bloomberg / William Pesek Jr.

UK: Falling dollar delivers a festive lift to consumers Telegraph / Malcolm Moore


The $10,000 martini Reuters via CNN

NV: Economic Forum predicts more Nevada growth Las Vegas Sun / Cy Ryan

Let's save ourselves by saving Dallas Morning News / Danielle DiMartino

Payrolls expected to rise 204,000 CBS Marketwatch / Rex Nutting

Economic Reality Check National Review / Larry Kudlow

Administration’s Looking Glass Distorts Economic Stats NY Post / John Crudele

Speculation Grows on Early Exit by Snow Reuters / Caren Bohan and Glenn Somerville

Corrupt? Absolutely. The Slate / Chris Suellentrop

Bush to host economic conference CBS Marketwatch / William L. Watts

Wall Street Paved With Gold For Rudy NY Post / Richard Wilner

Derivatives traders ready for strong US jobs report Reuters

Microsoft dividend could boost tech CBS Marketwatch / John Shinal

Antidote to Dollar Fall Will Take Time to Brew Reuters / John Parry

FL: Skyrocketing home prices are putting purchase out of reach of many new buyers Fort Meyers News - Press

Money funds tumble to $825.62B this week AP via Beaufort Gazette

Fed will likely raise interest rates again to ward off inflation AP via Winston Salem Journal

MO: Fed finds moderate economic expansion Kansas City Business Journal

UK: Brown shrugs off economy worries BBC News

Capital Ideas: ''Timing'' the Fed / Marie Leone

The Dollar's Double Whammy Forbes / Robyn Meredith

Rates on 30-year, 15-year mortgages rise sharply AP via USA Today

FL: Home prices rise at fastest pace since '79 Orlando Sentinel / Jack Snyder

SEC Files Charges Against 8 in Kmart Case AP via Orlando Sentinel / Marcy Gordon

OH: Fifth Third cuts outlook after balance sheet moves Cincinnati Business Journal

Business Applauds Shake-Up at CalPERS LA Times / Tom Petruno

Answers sought on fraudulent loans Bloomberg via Seattle Times / James Tyson

Burger King's super-sized SpongeBobs vanishing AP via Houston Chronicle

CA: State's Budget Balancing Just an Act LA Times /  Michael Hiltzik

Defaultable Debt, Interest Rates, and the Current Account Federal Reserve Bank of Boston / Mark Aguiar and Gita Gopinath

FDIC Winter Outlook pdf FDIC

SEC chief demands more disclosure FT / Andrew Parker and David Wighton

The passing of the buck? The Economist

Pass the Buck Ludwig von Mises institute / Grant M. Nülle

Dollar Down, Trade Deficit Up... Debunked? Market Watch / Elliott Wave

Verbal Intervention First... Daily Pfennig via Daily Reckoning / Chuck Butler

Exchange rates against the dollar The Economist

Dollar recovers as intervention fears weigh FT / Steve Johnson

Pondering the jigsaw consumer CNN / Kathleen Hays

Is the job market back? CNN / Chris Isidore

Is 'Mild Weather' To Blame for Crude's Behavior? Futures Focus / Elliott Wave

Foul is Fair Rude Awakening via Daily Reckoning / Eric J. Fry

Oil tumbles back near $43 CNN

Bush's top economist says switch to consumption tax would not represent radical change AP via San Diego Union Tribune / martin Crutsinger

America's one-party state The Economist

Bush to Use Summit to Push Social Security Accounts Bloomberg / Richard Keil

Making the wrong sort of capital The Economist

CA: S.D. luxury home values soar 22% San Diego Union Tribune

The phone call is dead; long live the phone call The Economist

Google CFO: Fraud a big threat CNN / Krysten Crawford

The rise of the green building The Economist

Trade's bounty The Economist

EU: Business as usual The Economist

Use of IRAs eyed in bankruptcy case LA Times via Boston Globe / David G. Savage

Tough U.S. deficit talk no clue to Fed rate action Reuters / Alister Bull

The Global Test Forbes / Daniel Kruger

US Treasuries on the defensive, soft data no help Reuters / Wayne Cole

Jobless claims shoot up Reuters via CNN

MI: Motor City renaissance CNN / Sarah Max

AZ: Experts not worried about Valley home market's pace Arizona Republic / Glen Creno

U.S. house prices rise at fastest pace in 25 years Bloomberg via South Florida Sun Sentinel / Kathleen M. Howley

Soaring prices giving rise to golden times Chicago Tribune via South Florida Sun Sentinel / Robert Manor

Wal-Mart Predicts Weak Dec. Sales as Retailers Falter Bloomberg / Rachel Katz

UK: Brown trying to delay the inevitable This Is London / Jonathan Loynes

European Central Bank Keeps Rates Steady AP via Forbes and Google News

European Central Bank plays a waiting game IHT / Carter Dougherty

UK: Another day, another dollar fall as Lucky Brown sets out his stall Telegraph / Neil Collins

UK: Sterling surges towards $2 barrier Telegraph / Malcolm Moore

UK: Smugness is earned but maybe we are going to pay the price Scotsman / David Black

Incredible shrinking US family Christian Science Monitor / Peter Grier and Sara B. Miller

Gold ETF Opens Gates, Officials Say Fund Action via Institutional Investor

MA: Home prices escalating Boston Herald / Jerry Kronenberg

North American birds on the decline Christian Science Monitor / Mark Clayton

Nothing Ventured, Everything Gained NY Times / Andrew Ross Sorkin

Calpers Ouster Puts Focus on How Funds Wield Power NY Times / Mary Williams Walsh

Russia: Manufacturing Boom Ends, Economy Slows Moscow Times / Guy Faulconbridge

Dollar's Fall Drains Profit of European Small Business NY Times / Mark Landler

Asia Stands Divided Against Dollar and Euro Bloomberg / William Pesek Jr.

The Unintended Economic Consequences of Spitzer Bloomberg / Mark Gilbert

UK: Sterling - and spending - at record high Guardian / Charlotte Moore and Rupert Jones

EU raps Greece over deficit Guardian / Helena Smith in Athens and Larry Elliott


New Bush official seeks to bury hatchet with Europe AFP via EU Business

UK debt office consults on long-dated bonds Investment and Pensions Europe

Canada: Bank of Canada expected to hold Globe and Mail / Terry Weber

UBS Builds Prop Rates Team Bondweek

Investors Flock To Story Credit Bondweek / Caroline Salas

Employers Not as Schizophrenic as Data Suggest Bloomberg / Caroline Baum

Treasurers Urged to Act on Rising Rates / Marie Leone

Late Treasury rally counters bearish week FT / Charles Batchelor

U.S. Treasury's Snow Won't Discuss His Job Future Reuters

Bush plays high-stakes game with the falling dollar CBS Marketwatch / Rachel Koning

Euro Reaches New High Against U.S. Dollar AP via Baltimore Sun / Tony Czuczka

Citigroup exec denies unit is for sale CBS Marketwatch / Kathie O'Donnell

Understand what you're buying CBS Marketwatch / Chuck Jaffe

PA: Why? Fie! Some second thoughts Philadelphia Inquirer / Andrew Cassel

CO: Car techs get crash course on unionizing Denver Post / Al Lewis

Small biz bonanza? CNN / Kathleen Hays

Fed president: Measured hikes ahead Reuters via CNN

Jingle Bells for European Stocks European Market Watch / Elliott Wave

Challenges and Opportunities in a Global Economy Federal Reserve Bank of Philadelphia / Anthony M. Santomero

The Logic of Monetary Policy Federal Reserve Board / Ben S. Bernanke

US Treasuries surge as soft data soothe Fed fears Reuters / Wayne Cole

Tom Wolfe Uses the Municipal Market as a Plot Device Bloomberg / Joe Mysak

Freddie Mac notes popular with Asians Bloomberg via Seattle Times / Al Yoon

Latin Currencies, Bonds Rally on Yield Advantage Speculation Bloomberg / Jennifer Coogan

British banks caught in derivatives hit Evening Standard via This Is London / Jake Lloyd-Smith

The REIT Choice Forbes / Brendan Coffey and Kurt Badenhausen

Dollar Drops After U.S. Economy Adds Fewer Jobs Than Predicted Bloomberg / Mark Tannenbaum

Fewer can afford a house San Francisco Chronicle / Kelly Zito

A job creation fizzle? CNN / Chris Isidore

Employment Situation Bureau Of Labor Statistics

Election 2004 Is History. Questions Keep Coming Bloomberg / Ann Woolner

Credit card foolery San Francisco Chronicle / David Lazarus

How Cheap Can Bras Get? Forbes / Dan Ackman

Dollar Set for First Weekly Gain in 10 Versus Yen on U.S. Jobs Bloomberg / John Brinsley

When Our Dollars Come Marching Home Economic & Market Trends via Safehaven / Richard Benson

Japan's Bonds Fall as Intel Predicts Sales Increase Bloomberg / Chris Cooper

Central Bank Remains Silent as the Euro Rises NY Times / Mark Landler

ECB considered interest rate hike Scotsman

Mark-Me-Down Elmo NY Times / Tracie Rozhon

At Citigroup, a Shifting in Strategy at a Core Unit NY Times / Landon Thomas, Jr.

UK: It's a little soon for gloating Guardian / Larry Elliott

UK: Brown defies the prophets of gloom Guardian / Michael White and Larry Elliott

Sexy China Casts Shadows on a Not-Rising Sun Bloomberg / William Pesek Jr.

Japan Will Act on Yen `If Necessary,' Tanigaki Says Bloomberg / Mayumi Otsuma

Crude Oil Rises on Concern U.S. Fuel Stockpiles Are Too Low Bloomberg via Google News / Gavin Evans



Alice in Bond-er-Land Safehaven / Dan Norcini

Citi exec's hot new digs NY Daily News / Daniel Dunaeif

What happened to the middle class? CBS Marketwatch / Jennifer Waters

MO: Latinos lead the charge in becoming self-employed St. Louis Post dispatch / Shera Dalin

U.S. job gains are lot less than gov forecast Boston Herald / Jay Fitzgerald

An oily week ahead CNN / Chris Isidore

Use of home equity loans growing during holidays via Seattle Post Intelligencer / Holden Lewis

CA: Housing costs create other problems for region San Diego Union Tribune / Carl Larsen

CA: Six-figure salary needed to afford median-price Calif home AP via San Diego Union Tribune / Alex Veiga

MA: Bill tightens bank merger rules in state Boston Globe / Sasha Talcott

WA: Tomato prices burn salsa fans Seattle Times / Monica Soto Ouchi

Dollar Drops for 8th Straight Week Versus Euro to Record Low Bloomberg / Mark Tannenbaum

CO: Grocery talks hit wall again Rocky Mountain News / Janet Forgrieve

White House Defends China on Currency NY Times / Edmund L. Andrews

Dollar's Fall Tests Nerve of Asia's Central Bankers NY Times / James Brooke and Keith Bradsher

Japanese Bonds Have First Weekly Decline in Four as Stocks Gain Bloomberg / Chris Cooper

An Unknown Giant Flexes Its Muscles NY Times / David Barboza

Weighing I.B.M.'s Possible Absence in the PC Market NY Times / Gary Rivlin and John Markoff


SC: Real estate prices shoot up in October on Grand Strand Myrtle Beach Sun News / Jenny Burns

ME: A concise strategy for economic development Portland Press Herald / Charles Lawton

Market surges beyond recent reports of bad news Pittsburgh Tribune Review / Gregory M. Drahuschak

CA: Decade later, he's still a fool Orange County Register / Jonathan Lansner

Effect of dollar's fall depends on speed AP via Orange County Register / Daniel Altman

Tumbling dollar is bringing a global moment of truth Scotsman / Bill Jamieson

Backed Into a Currency Corner? Don't Overreact NY Times / Geraldine Fabrikant

CA: Parents own in O.C., but can their kids do the same? Orange County Register / Hang Nguyen

Rising rates, not oil prices, are a bear, firm says Universal Press Syndicate via Orange County Register

Gold & Silver - 2005 to 2008 Safehaven / Nigel Manund

Europeans still wary of U.S. acquisitions AP via Toronto Star / Jane Wardell

Canada: Soft economy, strong dollar likely to keep central bank from raising rates CP via Financial Post / Sandra Cordon

Canada: Business Events This Week CP via Toronto Star

U.S. Official Predicts 4 Percent Growth AP via ABC News and 1st Headlines

Investor’s Calendar Wall Street Journal

Banks check potential customers' credit Miami Herald / Harriet Johnson Brackey

Hedge Funds Could Be New Bubble NY Post / Terry Keenan

Hedge fund buyer beware, says Merrills Independent / Laurence Fletcher

UK: Taking a pounding CBS Marketwatch / Barbara Kollmeyer

Weak dollar will prompt Asian re-think, say managers Independent / Victoria Kelly

A blessing and a curse Chicago Tribune / William Neikirk and Mike Hughlett

CA: Loan ceiling raised; for us, it's still too low LA Times / Lew Sichelman

CA: Beginners' pluck LA Times / Jennifer Lisle

Crude Futures Edge Up but Stay Below $43 AP via NY Post

British and Chicago-based law firms to merge, creating global giant AP via The State / Brian Whitte

MD: War is a boon for Md. jobs Baltimore Sun / Paul Adams

Gas prices continue slide to $1.93 Reuters via CNN

Consumer goods companies set to reassure Reuters via CNN

CO: Face it, we spoil our pets rotten Denver Post / Al Lewis

Weak dollar makes us vulnerable as debtors Charlotte Observer / Daniel Sneider

CalPERS chief tries for new seat on pension board Sacramento Bee / Gilbert Chan

Has 'post-Enron era' curbed corporate sin? Philadelphia Inquirer / Jeff Brown

Bankruptcies down in third quarter Dow Jones and AP via Cleveland Plain Dealer

Wholesale and Import Price Gains Slow: U.S. Economy Preview Bloomberg / Carlos Torres

Economists Say Employment Will Strengthen AP via Charlotte Observer / Martin Crutsinger

EU, U.S. Meet to Discuss Trade Reuters via Google News

Preview: European summit weighs strong euro FT / Jennifer Hughes

Price drop prompts oil quota call BBC News

Mr. Bush, beware of the briar patch Philadelphia Inquirer / Andrew Cassel

Got any cash on you? Pittsburgh Tribune Review / Thomas Olson

In the Timing of Options, Many, Um, Coincidences NY Times / Gretchen Morgenson

The Insiders Are Selling. But Is That So Bad? NY Times / Mark Hulbert

Long on Cash, Short on Ideas NY Times / Anna Bernasek

Japan threatens huge dollar sell-off Guardian / Heather Stewart

A Field Guide to the Falling Dollar NY Times / Daniel Altman

UK: By George, we could still do better Guardian / William Keegan

UK: Labour to raid 'dormant' cash Guardian / Nick Mathiason

A Long March From Maoism to Microsoft NY Times / Gary Rivlin

Trying to Catch a Falling Currency Washington Post via Google News

CEOs expect better economy Gannett News via Arizona Republic / Raju Chebium


Reliving 2003! Daily Pfennig via Daily Reckoning / Chuck Butler

White House: $10 Trillion Shortfall in Social Security Dow Jones via / alex Keto

The Ultimate Blonde Joke Mogambo Guru via Daily Reckoning / Richard Daughty

Weak dollar threatens to upset equilibrium Dallas Morning News / Jim Landers

NV: Dollar's slide may be boon for tourism Las Vegas Sun / Richard N. Velotta

Mexican Peso Declines as `Long' Bets Reach Near-Record Level Bloomberg / Jennifer Coogan

Oil Firms Eager to Turn the Tap Back On in Libya LA Times / James F. Peltz

OPEC Wants Higher Floor--To Match Ceiling Forbes / Dan Ackman

Booming India actively woos foreign investors AP via Cincinnati Enquirer / Rajesh Mahapatra

Mexico's Fox Says 2004 Economy to Grow More Than 4% Bloomberg / Thomas Black

Trade Center Jury Says Insurers Liable on Two Attacks Bloomberg / David M. Levitt

The 2004 'Spend Like Drunken Sailors' Award Market Watch / Elliott Wave

Insiders sell a lot of shares Dallas Morning News / Danielle DiMartino

Analysts: IBM selling PC business makes sense USA Today / Michelle Kessler

Inexpensive computers are getting even more inexpensive Dallas Morning News via Orange County Register / Crayton Harrison

Bonus Bonanza NY Post / Erica Copulsky

Economizing on Liquidity with Deferred Settlement Mechanisms Federal Reserve Bank of New York

Supply-siders rally around Hubbard for Fed chief Reuters / Tim Ahmann

U.S. Fed policymakers' recent comments Reuters

New York and New Jersey Poised for Modest Job Growth in 2005 Federal Reserve Bank of New York / James Orr and Rae Rosen

The Successor to Greenspan Has a Very Tough Act to Follow NY Times / Edmund L. Andrews

Chicago Fed Sees '05 GDP Down at 3.3 Pct Reuters via MSN / Ros Krasny

The Two Faces of China NY Times / Keith Bradsher

In Housing Sales, Frenzy Is Giving Way to Balance NY Times / Robert D. Hershey, Jr.

Investors in funds prove forgiving USA Today / John Waggoner

US Treasuries consolidate gains ahead of auctions Reuters / Wayne Cole

TX: D-FW foreclosures are up, may stay high Dallas Morning News / Danielle DiMartino

Should You Buy in the Blazing Hot U.S. Home Market? Bloomberg / John Wasik

CA: Fuse Getting Short on Pension Debt Time Bomb LA Times / George Skelton

Strong October Data Ensure Fed Rate Increase Bloomberg / John M. Berry

U.S. Treasuries build on post-payrolls gains Reuters / Wayne Cole

Early Snow fall? CNN / Kathleen Hays

Putin at the Pump Forbes / Deborah Orr

Crude Oil Rises After Attack on U.S. Consulate in Saudi Arabia Bloomberg / Mark Shenk

Oil Prices Rise Above $43 on Fears of Cuts AP via Forbes

OPEC members move into euros from dollars Reuters via IHT

FL: Dollar's slide helps Orlando -- for now Orlando Sentinel / Jerry W. Jackson

Dollar Continues Decline Against Euro AP via Hartford Courant / David Rising

Deeply Discounted Cars May Lead to a Smaller GM Bloomberg / Doron Levin

Stayin' Alive in ' 05 Forbes / Michael Maiello and Victoria Murphy

OPEC May Maintain Oil Production Quotas to Prevent Shortages Bloomberg / Stephen Voss

Taiwan: Bank denies plan to cut US dollar assets Bloomberg via Taipei Times

Chinese party leaders call for monetary stability FT / Mure Dickie 

Asia Draws Nearer Shocking U.S. Treasuries Bloomberg / William Pesek Jr.

Who'll collect your back taxes now? Christian Science Monitor / David R. Francis

Bush may need to raise tax to cut trade deficit Independent / Stephen King

How to get big help for small assets Christian Science Monitor / Tom Watterson

Japan: Mixed-up policy mix links U.S. and Japan Japan Times / Noriko Hama

People Can Just Get Along Ludwig von Mises Institute / Robert Murphy

U.S. Treasury Debt Investors Turn More Bearish on Dollar Drop Bloomberg / Elizabeth Stanton

Japan's Bonds May Rise as U.S. Jobs Report Spurs Export Concern Bloomberg / Chris Cooper

China Pledges Stable Economic, Yuan Policies Next Year Bloomberg / Nerys Avery

Dollar Is Poised for Longest Losing Streak in Almost a Year Bloomberg / Richard Blackden and Rodrigo Davies



Should We Try to (Re)Produce More? Bloomberg / Andrew Ferguson

2004 Review of Fixed-Income Electronic Trading Systems pdf Bond Market Association

NC: Golden LEAF to move its money Raleigh News and Observer / Amy Martinez

Opec struggles to set a sustainable oil price Independent / Jeremy Warner

Yule shoppers urged to rein in charges Washington Times / Tom Ramstack

Derivative trading systems soar vs year ago-survey Reuters

'Tis the season for good economic news Daily Standard / Irwin M. Stelzer

Layoffs atop 100,000 level 3 months straight CBS Marketwatch / Rex Nutting

U.S. Fiscal Credibility in Question as Deficits Press Reuters / Glenn Somerville

Treasury Official: Tax Overhaul May Not Be Drastic Reuters / Laura MacInnis

1 million jobs likely to be lost Dallas Morning News / Danielle DiMartino

Borrowers' paradise expected to continue Philadelphia Inquirer / Todd Mason

Slower retail sales spur bigger discounts Orange County Register / Tiffany Montgomery

Pick A Card, Any Card Forbes / Dan Ackman

Bank of Canada leaves interest rates on hold; dollar weakens CP via Financial Post / Sandra Cordon

Self-Correcting Markets Daily Pfennig via Daily Reckoning / Chuck Butler

The case for Asia The Economist

Oil falls to three-month low CNN

Colgate to cut 12% of workforce BBC News

U.S. deficits fine -- Nobel laureate Reuters via CNN

Fed heading for a pause CBS Marketwatch / Dr. Irwin Kellner

Perspective of the Federal Reserve on HOPI Federal Reserve Bank of Chicago / Michael H. Moskow

Dollar Slide Continues in November Federal Reserve Bank of Atlanta

Consumer Credit Federal Reserve Board

It’s Not Just about the Models: Recognizing the Importance of Qualitative Factors in an Effective Risk-Management Process Federal Reserve Board / Susan Schmidt Bies

New York Fed names new head of research Reuters via Google News

Job cut plans accelerate CNN

China Computer Maker Acquires IBM PC Biz AP via Spartanburg Herald Journal

Rising Interest Rates Fail to Fluster Stock Bulls Bloomberg / Chet Currier

Dollar at another record low vs. euro CBS Marketwatch /  Kate Gibson & Osamu Tsukimori

Dollar hits new lows despite ECB rhetoric FT / Steve Johnson

Japan's anxiety increases over flagging dollar USA Today / Paul Wiseman

Subprime loan market grows despite troubles USA Today / Sue Kirchhoff and Sandra Block

China outlaws LeBron James ad AP via Washington Times

Eat It And... Weep Market Watch / Elliott Wave

How to profit on a weak dollar CNN / Chris Isidore

Productivity and Costs Bureau of Labor Statistics

U.S. mortgage bond prepayments rise in November Reuters

US Treasury rally runs out of gas before auctions Reuters

Job cutting worst in 2-1/2 years CNN

Growth of U.S. worker productivity slows AP via Houston Chronicle

WA: Median price of King County home tops $300,000 Seattle Times / Kristina Shevory

Coal in their stockings CNN / Kathleen Hays

Interest in dividend-paying stocks heats up Philadelphia Inquirer / Jeff Brown

In the Air: Shopping, Shopping Everywhere NY Times / Tracie Rozhon

White House Says Social Security Fix Means Borrowing LA Times / Warren Vieth and Janet Hook

Defaced currency Chicago Sun Times / David Roeder and Dan Miller

EU Finance Chiefs Urge U.S. to Fight Dollar's Drop Bloomberg / James G. Neuger

Topping off The Biggest Gas Tank NY Times / Simon Romero

Math + test = trouble for US economy Christian Science Monitor / Gail Russell Chaddock

Online shopping hits $8.8 billion Big News Network

U.S. Treasury Notes May Advance on Speculation Japan Will Buy Bloomberg / John Brinsley

Another Best Buy executive leaves company Minneapolis Star Tribune / John Reinan

Eurozone states seek dollar move BBC News

Cost of Dollars Soars in Ukraine Reuters via Moscow Times / Maria Golovnina

Lee Kuan Yew's Contrarian Outlook for U.S. Bloomberg / William Pesek Jr.

New worry for OPEC: Oversupply NY Times via IHT / Jad Mouawad


A Debtor Nation Smartmoney / Stacey L. Bradford

FRB of Boston Stock Market Report pdf Federal Reserve Bank of Boston

NC: No Slowing in Charlotte Bond Buyer / Tedra DeSue

Janus assets under management rise in November Reuters

ICI Backs NASD Directed Brokerage Proposal Fund Marketing Alert via Institutional Investor

Goldman's Comp Boost Best On Street Wall Street Letter via Institutional Investor

Canada: Housing market remains on track for another record finish Ottawa Business Journal / Leo Valiquette

CA: Home prices seen falling in '05 Orange County Register / James B. Kelleher

KA: Kansas lags in bankruptcy recovery Wichita Eagle / Deb Gruver

CO: Jobs outlook healthy for nurses, care workers Rocky Mountain News / James Paton

CA: Bay Area economy shows signs of recovery Mercury News / Steve Johnson

A job no one wants UPI / Shaun Waterman

US Treasuries little changed in Asia after NY gains Reuters

Bubbling housing worries Dallas Morning News / Danielle DiMartino

J.P. Morgan sells loan portfolio Cincinnati Business Journal

House divide could shake up GOP leadership Raleigh News and Observer / Dan Kane and Valerie Bauerlein

Worldwide PC market is expected to grow AP via Seattle Post Intelligencer / Mark Jewell

Fannie Mae agrees to forfeit $7.5 million to government AP via San Diego Union Tribune / Marcy Gordon

Airlines may face 'profitless recovery' Dallas Morning News / Eric Torbenson

Small Rise in Oil 'Causes' Big Fall in Gold? Market Watch / Elliott Wave

What Will They Think of Next? European Market Watch / Elliott Wave

Silver's Plunge -- Part of a Larger Pattern? Futures Focus / Elliott Wave

The U.S. Dollar: Singing In The Pain? Elliott Wave

Media, Markets, Mood & Patriotism Market Report / Elliott Wave

TX: Sales gaining holiday speed Dallas Fort Worth Star Telegram / Heather Landy

John Snow Is Asked to Remain U.S. Treasury Secretary Bloomberg / Simon Kennedy and Brendan Murray

Yen Selling Spills Over to Euros Daily Pfennig via Daily Reckoning / Chuck Butler

Dollar Rallies as Traders Trim Bets the Currency Will Decline Bloomberg / Mark Tannenbaum and Joshua Krongold

China: Fools rush in The Economist

The Billion Dollar Killing Rude Awakening via Daily Reckoning / Addison Wiggin

U.S. Treasury Notes Rise as Dollar Rallies Against Euro and Yen Bloomberg / Elizabeth Stanton

OPEC faction presses to keep revenue high AP via Seattle Times / George Jahn

Africa: Can Mozambique gain from investment? BBC News / Orla Ryan

Canadian housing starts on pace for best performance since 1987 CP via Financial Post / Craig Wong

White House Wish: Christmas Without Snow? Forbes / Dan Ackman

Deficit taking a backseat San Francisco Chronicle / David Lazarus

Social Security's index dilemma Philadelphia Inquirer / Andrew Cassel

Dollar bounces on year-end profit taking FT / Steve Johnson

Like cigarettes, debt should come with a warning South Florida Sun Sentinel / Humberto Cruz

California, U.S. in a Housing 'Bubble,' UCLA Forecast Says LA Times / Bill Sing

U.S. mortgage applications rise last week-MBA Reuters

Oil's upside Dallas Morning News / Sudeep Reddy

NC: Slower growth for N.C. economy Charlotte Observer / Kerry Hall

Report: Calif economy will see growth in 2005, but danger looms AP via USA Today via Google News

US Treasuries surge as short dlr positions unwind Reuters / Wayne Cole

Accounting Watchdog Running Multiple Probes Washington Post / Carrie Johnson

Wall St. Turns to the Time Out as Punishment NY Times / Jenny Anderson

. . . And Another Thing Washington Post / Steven Pearlstein

An Outsider for Treasury With Insider Views Bloomberg / Caroline Baum

Poll: Investors like Bush's plan for Social Security Boston Herald / Brett Arends

NASD Action Recalls the Day Muni Market Stood Still Bloomberg / Joe Mysa

Europe's Frustration Grows as Dollar Hits Another Low NY Times / Mark Landler

The ECB talks, but dollar isn’t listening IHT / Carter Dougherty

CSFB Rocked NY Post / Paul Tharp

JPMorgan Creates a New Option for Stock Options Bloomberg / Graef Crystal

States vie for bigger payouts from tribal casinos / Pamela M. Prah

Japanese Bonds May Advance; Economy Grew Slower Than Expected Bloomberg / Taizo Hirose

Half of all workers on $2 a day or less Guardian / Charlotte Moore

Strong pound threatens to breach $2 Guardian / Larry Elliott

Japan Says Economy Grew Annual 0.2% in Third Quarter Bloomberg / Lily Nonomiya

Europe piles pressure on US as the greenback dips to new low Independent via Google News / Phillip Thornton

Has a Chinese Enron Popped Up in Singapore? Bloomberg / William Pesek Jr. 



Russia: The challenger The Economist

Why the world frets over the dollar's fall Christian Science Monitor / David R. Francis

San Diego housing housing a touch more affordable San Diego Union Tribune

Time to ring out bad performers USA today / John Waggoner

Time to deliver The Economist

Has Santa Clause Already Passed Wall Street By? Clif Droke Market Analysis via Safehaven / Clif Droke

US mortgage delinquencies down, foreclosures flat Reuters

Overseas buyers win with U.S dollar losses Boston Herald / Brett Arends

State budget crunch eases, but health care a worry / Pamela M. Prah

U.S. Treasuries little changed in Asia after drop in NY Reuters

U.S. Junk Bond Sales on Pace for Record Year Reuters / Dena Aubin

OH: Kroger sells $300M in notes Cincinnati Business Journal

FL: Bonds may cut rate hike St. Petersburg Times / Louis Hau

What I Like About Scrooge The Slate / Steven E. Landsburg

Korea: Samsung Gets World's Tallest Building Korea Times / Kim Sung-jin

AZ: Globalize this: Maybe we're sending wrong jobs offshore Arizona Republic / Jon Talton

The Butterfly Effect Mogambo Guru via Daily Reckoning / Richard Daughty

Report Expects High Oil Prices for Decades AP via Newsday / H. Josef Hebert

Flimsy foundations The Economist

CA: Chapman shifts housing outlook Orange County Register / James B. Kelleher

Be nice to your portfolio Dallas Morning News / Danielle DiMartino

Government budget balances The Economist

UK imports at record monthly high BBC News

Chile's Central Bank Holds Lending Rate at 2.25% Bloomberg / Andrew J. Barden

IBM sale suggests good news for AMD San Francisco Chronicle / Matthew Yi

How Not To Invest In China Forbes / Paul Maidment

GM cuts 10,000 jobs in Germany BBC News

CEOs and their Indian rope trick The Economist

Big Four Moves Away from Smaller Clients / Kate O’Sullivan

Sirius shares fall (23.5%) back to earth Newsday / Monty Phan

Heating up at last? The Economist

Grasso to be tried in NY state court CNN

Playing Traffic Cop Daily Pfennig via Daily Reckoning / Chuck Butler

U.S. 10-Year Treasury Falls as Government Sells $9 Bln of Debt Bloomberg / Mark Tannenbaum and John Beresford-Peirse

If the US Treasury is too big to fail ... who will they call? via Google News / Fred Cederholm

Economic Trends December 2004 pdf Federal Reserve Bank of Cleveland

Forget more Fed hikes: Merrill Globe and Mail / Terry Weber

Mortgage rates fall CNN

Why NOT 'Bet the House on the Stock Market'? Market Watch / Elliott Wave

Freezing US weather forecasts lift crude FT / Alex Fak

Oil Inventories -- Same Facts, Opposite Stories Futures Focus / Elliott Wave

Sprint and Nextel in talks over $70bn merger FT / Paul Taylor and David Wells

Sell US stocks and buy the dollar AmeInfo via Fiends Super Bear Page / Dr. Marc Faber

Weak dollar can be a blessing or curse depending where tourists are AP via Observer - Reporter

Jobs report sends real estate rates lower Inman News

The Season's Seesaw of Sales Washington Post / Michael Barbaro

Minnesota ranks 10th highest in wages Minneapolis St. Paul Business Journal

U.S. 10-Year Treasury Note Erases Decline as Dollar Rises for a Second Day Bloomberg

Treasuries succumb to profit-taking after surge Reuters

Unemployment Insurance Weekly Report U.S. Dept. of Labor

Jobless Claims Up, Import Prices Gain Reuters via Google News / Alister Bull

The allure of foreign funds San Francisco Chronicle / Kathleen Pender

Continental Airlines angry at prosecution threat AP via Buffalo News

Save or Else Ludwig von Mises Institute / Llewellyn H. Rockwell, Jr.

Snow to remain Treasury secretary Boston Globe / Charles Stein

Snow Will Not Fall Forbes / Dan Ackman

UK: Bank keeps interest rate unchanged Guardian / George White

Canada Pension Plan 'rock solid' Toronto Star / James Daw

Dollar Advances as Schroeder and Koizumi Call Slide Unwelcome Bloomberg / Joshua Krongold and Steve Rothwell

Canada: Dollar tumbles 1.75 cents (U.S.) Toronto Star

Questions to Ask Before You Sell That Next Dollar Bloomberg / Mark Gilbert

Social Security: Bush's quiet war Christian Science Monitor / Peter Grier

Investment chases the metal boom Sydney Morning Herald Barry Fitzgerald

Poor English threatens Hong Kong's status as business hub AFP via Turkish Press

BoE expected to keep rates on hold as economy cools Scotsman / Nick Bevens

Russia: Weaker Dollar Causes Worry, Ignatyev Says Reuters via Moskow Times

Dollar gets a reprieve, while gold price tumbles IHT / Carter Dougherty

Dollar Rises After Schroeder Says He Is Concerned by Euro Gains Bloomberg / Taizo Hirose

Hedge Funds Better at Managing Data Than Managing Money NY Times / Alan B. Krueger

Russian Cellphone Carrier Faces Tax Claim NY Times / Erin E. Arvedlund

China's Industrial Production Growth Slows to 14.8% Bloomberg / Nerys Avery

Japan recovery running out of steam Independent via Google News / Philip Thornton

Dollar's rise seen as brief respite Guardian / Charlotte Moore

Big Blue Is in Chinese Hands. Get Used to It Bloomberg / William Pesek Jr.

N.Z. Keeps Benchmark Rate at 6.5%, May Raise Rates Bloomberg / Tracy Withers



Poole's Last Gasp May Awaken FOMC Dissent Bondweek

UAL Ruling Could Ground Bondholders Bondweek / Caroline Salas

A pre-Christmas rate hike CNN / Paul R. La Monica

Is America on the skids? CBS Marketwatch / Marshall Loeb

Fed meeting, Lehman earnings Globe and Mail / Terry Weber and Martin Cej

Playing the waiting game Minneapolis Star Tribune

What it will take to terror-proof border Christian Science Monitor / Kris Axtman and Peter Grier

In House, a band of new rebels Christian Science Monitor / Gail Russell Chaddock

Mutual Funds: Temporary Problem or Permanent Morass? Federal Reserve Bank of Atlanta / Paula A. Tkac

Often wrong, but never in doubt CBS Marketwatch / Mark Hulbert

Dollar breaks eight week losing streak FT / Steve Johnson

NC: School looks at new financial-services degree Winston Salem Journal / Richard Craver

FL: Orange crop smaller than expected Orlando Sentinel / Jerry Jackson

WI: Home sales strong Milwaukee Journal Sentinel / Michele Derus

FL: Homeowners miss payments in hurricanes' wake Orlando Sentinel / Jack Snyder

Mortgage rates decline LA Daily News / Gregory J. Wilcox

GE board OKs $15B share buyback plan CBS Marketwatch / Padraic Cassidy

Bush to Use Economic Event to Show Job Creation Plans Bloomberg / William Roberts

Russia: Stocks Drop $10Bln in a Day Moscow Times / Catherine Belton

Russia Tops Hong Kong in Reserves Reuters via Moscow Times / Douglas Busvine

Producer prices jump 0.5% in Nov. CBS Marketwatch / Rex Nutting

SMRA Weekly Commentary SMRA

Treasury Budget Statement for November US Treasury

Expensive tastes The Economist

Fund insiders: Lavish gifts abound Boston Globe / Andrew Caffrey and Beth Healy

Does PPI spell Inflation? Elliott Wave

Can You Spend Your Way Back Into the 1990s? Market Report / Elliott Wave

OPEC May Act to Hold Cost of Oil Above $40 LA Times / Elizabeth Douglass

Projecting the Future(s) with Fibonacci Futures Focus / Elliott Wave

CO: Hedge fund popularity growing at a quick clip Rocky Mountain News / James Paton

U.S. Treasuries look to break weekly losing streak Reuters / Wayne Cole

UK: BBC Portrays Derivatives Traders as Terrorists Bloomberg / Mark Gilbert

Dollar Heads for Biggest Weekly Gain Against Yen Since February Bloomberg / Mark Tannenbaum and Steve Rothwell

TX: Sales of existing houses leap 9% Dallas Fort Worth Star Telegram / Andrea Jares

CA: Housing market's future debated Orange County Register / Jeff Collins

CA: Home loans healthy San Francisco Chronicle / Kelly Zito

Mexico Unexpectedly Lifts Rates for 9th Time in 2004 Bloomberg / Adriana Arai

The Goat Chimes In... Pass the Cheese Safehaven / John Mackenzie

Borrow, Speculate and Hope NY Times / Paul Krugman

The Savings-Rate Scare National Review / Victor A. Canto

What a million bucks buys CNN / Les Christie

Fewer Bonds and More Questions for Municipals in '05 Bloomberg / Joe Mysak

US Treasuries hold firm despite inflation uptick Reuters / Wayne Cole

US junk bond funds see $167 mln weekly outflow Reuters

OPEC May Fight, But First It Will Collect Forbes / Dan Ackman

Crude higher as Opec ministers pledge output cut FT / Kevin Morrison

OPEC to cut oil production by a million barrels AP via Houston Chronicle  

Michigan sentiment tops forecasts CNN

Fund Manager Baron Tries to Cut Down on Clunkers Bloomberg / Chet Currier

DC: Let Economics, Not Politics, Steer Skyland Project Washington Post / Steven Pearlstein

Fudging numbers in Europe NY Times via IHT / Floyd Norris

UK: The bargain basement Christmas Guardian / Julia Finch and Heather Tomlinson

Malaysia Welcomes Investors -- Even Aussies Bloomberg / William Pesek Jr.

As Prices Drop, OPEC Warms to Output Cuts NY Times / Jad Mouawad

Japan's Bonds Head for 4th Weekly Gain in 5 on Growth Concern Bloomberg / Keiko Ujikane


Stocks seen treading water till Fed meets CBS Marketwatch / Ciara Linnane

Interest Rates Institutional Advisors via Safehaven / Bob Hoye

The bankruptcy machine Dallas Morning News / Pamela Yip

Bush says Social Security faces "looming danger" Reuters / Caren Bohan

WI: Cold spell lingers for snowmobile sales Milwaukee Journal Sentinel / Rick Barrett

OPEC Expects Oil Prices to Recover as Cuts Are Made Bloomberg / Sean Evers

We’re Breakfast Clubbed by Eye-Opening Prices NY Post / Paul Tharp

IL: Sales are not exactly jingling Chicago Tribune / Michael Oneal

Money from China's boom makes way into U.S. economy Mercury News via / Karl Schoenberger

Housing prices' growth rate still surging Washington Post via Minneapolis Star Tribune

Rising rates a factor in equity credit line via Seattle Post Intelligencer / Holden Lewis

NV: Casino revenue soars Las Vegas Review Journal / Howard Stutz

SC: Unemployment rate and gross state product numbers also will be released next week The State / Jim DuPlessis

WA: Seattle bank agrees with feds on changes Seattle Times / Melissa Addison

Sears tries to reassure employees on stock Chicago Tribune / Becky Yerak

Dollar Rallies for First Week in 11 Against Yen to 4-Week High Bloomberg / Mark Tannenbaum

Dollar's Gradual Decline Good for Equities AP via Dallas Fort Worth Star Telegram

Treasury's No. 2 up for Energy post Houston Chronicle / David Ivanovich and Bennett Roth

Bush eyes Social Security threat Reuters via CNN

U.S.'s Snow Says He Hopes Oil Output Cut Won't Hurt Economies Bloomberg / Simon Kennedy

China trade brings big changes Washington Business Journal

UK: If you can't take the heat, keep out of the City Guardian / Edmond Warner

Diverging Fortunes, Tied to the Dollar NY Times / Mark Landler and Simon Romero

Southwest Offers $100 Million for ATA Assets NY Times / Micheline Maynard



CA: On the Record: Bay Area real estate San Francisco Chronicle

Debt moves up at fast clip, but household assets also rise Bloomberg via Houston Chronicle / Vincent Del Giudice

Will Fed discuss dollar's decline? USA Today / Barbara Hagenbaugh and Sue Kirchhoff

Betting on gold pays off Sacramento Bee / Jack Sirard

Real money managers offer real investment alternatives Dallas Morning News / Danielle DiMartino

Greenspan: Be Careful What You Ask For Thoughts From The Frontline via Safehaven / John Mauldin

No suspense -- Fed to hike rates again CBS Marketwatch / Gregory Robb

Some doubt triple-A rating for U.S. bonds Wall Street Journal via Myrtle Beach Sun News / Aaron Lucchetti

Weak dollar helping bring tourists to the U.S. AP via Morning Call / Jane Wardell

MN: Cashing in on dollar's nose dive St. Paul Pioneer Press / Jennifer Bjorhus

OH: Dollar's slide boosts sales of Ohio products Akron Beacon Journal / John Russell

Korea: Strong Won Curbs Import Prices Korea Times / Kim Yon-se

Simple, Direct and to the Point Safehaven / John Mackenzie

Hedge funds may be hot, but the costs aren't cool San Diego Union Tribune

Under Greenspan, Fed emerging from era of mystery AP via San Diego Union Tribune / Jeannine Aversa

There are lies, darn lies and business lies Orlando Sentinel / Susan Strother Clarke

Major Carriers May Fall in 05’ NY Post / Diane Hess

Martha, Sirius Stocks Are Nothing But Tall Tales NY Post / Terry Keenan

CA: Some worry intense competition, high prices will soon cast a shadow over SD’s bright tourism industry San Diego Union Tribune / Jennifer Davies

Bankruptcy lessons in Orange Arizona Republic

Futures markets mine the basics: Air and housing Chicago Tribune / Bill Barnhart

For Savings, Nowhere to Go but Up? LA Times / Tom Petruno

Hedge funds likely to earn more in '05 Bloomberg via Arizona Republic

A New Way to Hedge Your Home's Paper Profit NY Times / Conrad De Aenlle

How Consultants Can Retire on Your Pension NY Times / Gretchen Morgenson and Mary Williams Walsh

When to Love (or Hate) Annuities Wall Street Journal / Jonathan Clements

States' raiding neighbors for jobs not likely to stop, despite popularity of peace talks Baltimore Sun / Jay Hancock

Money for less than nothing Guardian / Simon Caulkin

Are Options Seducing Directors, Too? NY Times / Gretchen Morgenson

So long, California LA Times / Marnell Jameson

Stock gambit can put your house at risk Philadelphia Inquirer / Jeff Brown

MD: Owners keep up on loan payments Baltimore Sun / Kathleen Cullinan

Lenders get creative, again LA Times / Lew Sichelman

US Fed set to serve up another small rate hike Reuters / Tim Ahmann

Fed raises rates for the fifth time London Times via Google News

The Poor Have More Things Today -- Including Wild Income Swings LA Times / Peter G. Gosselin

Retail Sales Slowed in November: U.S. Economy Preview Bloomberg

Avoiding future debt from holiday present Boston Globe / Linda Tucci

This Week Wall Street Journal

Money managers take on chore of paying your bills Chicago Tribune / Lorene Yue

Social Security Reform, With One Big Catch NY Times / Edmund L. Andrews

Some Find Strong Pulse in Social Security LA Times / Joel Havemann

CO: Dollar daze Denver Post / Aldo Svaldi, Ross Wehner, Kimberly S. Johnson, Julie Dunn, Christine Tatum and Steve Raabe

China's Splurge on Resources May Not Be a Sign of Strength NY Times / Howard W. French

Sidelined by U.S. and Asia, Singing the Euro Blues NY Times / Mark Landler

Japan bounces back - at last Guardian / Heather Stewart

UK: Tories to grill Brown on generous Budget Guardian / Heather Stewart



Bond Market Association’s Year-End Economic Forecast Bond Market Association

The Latest Flow-Of-Funds Data: What Happens If/When Foreigners Stop Buying Gillespie Research via Safehaven / Douglas R. Gillespie

WI: Hiring outlook appears brighter for first quarter, survey finds Milwaukee Journal Sentinel / Joel Dresang

Dollar's dip won't aid deficit Dallas Morning News / Danielle DiMartino

Will the U.S. Productivity Resurgence Continue? Federal Reserve Bank of New York

FOMC rate calls may get more interesting next year CBS Marketwatch / Gregory Robb

What the Fed Has to Consider at Tuesday's FOMC Reuters / Tim Ahmann

No Time for R&R Pimco / Mohamed A. El-Erian

ETFs see $3 bln inflow last week CBS Marketwatch / John Spence

IL: Airlines fly in but don't fill up here Chicago Tribune / Jon Hilkevitch

Insurance failures in '80s opened up opportunity Philadelphia Inquirer / Todd Mason

Medicare Improper Payments Rise to $19.9 Bln for 2004 Bloomberg / Kristen Hallam

Million solar roofs achievable by 2018, officials say AP via The State / Don Thompson

Buildings to go up like never before USA Today / Haya El Nasser

Recipe for a rough ride in '05 MSNBC / Bill Fleckenstein

Don't scapegoat China for a weak dollar and deficit Taipei Times / Christopher Lingle

Tackle ETF prospectus at benchmark, expense ratio USA Today / Matt Krantz

U.S. 10-Year Note Rises as Fed Seen Keeping Statement Intact Bloomberg / Robert Burgess

Shopping micro and macro CNN / Kathleen Hays

Retail Sales Rise Slightly in November AP via Forbes

Wal-Mart Vs. Target Forbes / David Ng

Economic ensemble needs a star Dallas Morning News / Robert Dodge

'House flipping' said to cheat minorities AP via Boston Globe

Owners risk homes to invest Detroit Free Press / Susan Tompor

Fed Rate Boost Won't Be to Make Room for a Cut Bloomberg / Caroline Baum

Fed expected to hike rates tomorrow AFP via Taipei Times

Bank of England Says Dollar Decline Increases Risk to Banks Bloomberg / Gonzalo Vina

UK: Crisis warning from Bank as lenders add to risky investments Independent / Philip Thornton

Bank of England frets over hedge fund risks Guardian / Ashley Seager

Icahn Accuses a Hedge Fund of Stock Manipulation NY Times / Andrew Ross Sorkin

U.S. Treasury Investors More Bearish After Decline in Yields Bloomberg / Vivianne C. Rodrigues

Less bang for the boomers Christian Science Monitor / Marilyn Gardner

Income levels help identify big holiday shoppers Christian Science Monitor / David R. Francis

Cellphones: once a status symbol, now a necessity Christian Science Monitor / Daniel B. Wood


The greatest Wall Street danger of all: you. The Slate / Henry Blodget

The ghost of crashes past The Economist

Fed's hikes affect consumer rates in surprising ways CBS Marketwatch / Andrea Coombes

Fed to release minutes earlier USA Today / Barbara Hagenbaugh

FCC rule changes may cut local phone choices USA Today / Paul Davidson

The Credibility Deficit Daily Standard / Irwin Stelzer

U.S. Dollar Inches Up Against the Euro Morning Call / Madlen Read

FL: How much is that in euros? USA Today / Larry Copeland, Martin Kasindorf and Charisse Jones

MN: Home-building permits decline St. Paul Pioneer Press / Gita Sitaramiah

NV: Home listings suggest valley back to normal Las Vegas Sun / Jennifer Shubinski

MO: Friday is last day for 600 at Ford plant St. Louis Post Dispatch / Gregory Cancelada

Canada's trade surplus tumbles CP via Toronto Star

Fundamentals and Stones ... Euro vs Dollar Currency War Monitor via Safehaven / Alex Wallenwein

Capital One pays $155M for eSmartloan Washington Business Journal / Jeff Clabaugh

Mergers Are Back! / James B. Stewart

One big surprise from Fed Dallas Morning News / Danielle DiMartino

Fed raises interest rates another quarter-point USA Today / Barbara Hagenbaugh

Ho, Ho, Heave-Ho for holidays Denver Post / Al Lewis

'05 restaurant sales could jump 5% Dallas Morning News / Karen Robinson Jacobs

CO: State needs 1.3 million new homes by 2030 Denver Post / Christine Tatum

S.C. taking baby steps on long road to stronger economy The State / C. Grant Jackson

TX: Area's hiring may lag Dallas Morning News / Steve Quinn

A Day Of Healing.. Daily Pfennig via Daily Reckoning / Chuck Butler

Treasuries gain as Fed eases inflation fears FT / Jennifer Hughes, Alex Skorecki in London and Mariko Sanchanta

Nasdaq planning $100m-share sale BBC News

Vodafone and Verizon deny Sprint speculation FT / Paul Taylor, James Politi and Lina Saigol

Charles Schwab trading jumps AP via San Francisco Chronicle

Bill Gates elected to Berkshire Hathaway board Reuters via FT

FOMC Statement Federal Reserve Board

Fed nudges interest rates up fifth time, doubling rate in six months AP via San Diego Union Tribune / Martin Crutsinger

US raises interest rates to 2.25% BBC News

Fed raises another quarter CNN / Paul R. La Monica

Fed Lifts Target Rate to 2.25%, Keeps `Measured' Plan Bloomberg / Craig Torres

No lockstep for gold and mine stocks Philadelphia Inquirer / Porus P. Cooper

Crude futures rise 2 percent on colder weather AP via San Diego Union Tribune / George Jahn

Million-dollar zip codes CNN

Turkey turns on the economic charm BBC News / Jorn Madslien

Colombian Peso Rises to 30-Month High on Growing Remittances Bloomberg / Jennifer Coogan

China Puts Plans For World Domination On Hold Forbes / Dan Ackman

For Brazil's Economy, the Doctor Is In NY Times / Todd Benson

Wall St flat as investors await Fed decision FT / Kevin Allison

Krispy Kreme misses SEC report deadline AP via USA Today

U.S. International Trade in Goods and Services US Census Bureau

US trade gap widens to record $55.5bn FT / Jennifer Hughes

Folks delaying holiday gift shopping and shipping AP via Seattle Times / Harry R. Weber

CA: New way to reap housing profits Orange County Register / Jonathan Lansner

TX: In Dallas, a good year for home resales Dallas Morning News / Steve Brown

CA: OC Home Prices Rebound Orange County Register

U.S. Treasuries wary in case Fed changes message Reuters / Wayne Cole

Is the Fed succeeding? CNN / Kathleen Hays

Fed to Keep `Measured' Stance on Rates, Survey Says Bloomberg / Vivianne C. Rodrigues

Fed Officials Meet, Small Rate Hike Seen Reuters / Tim Ahmann

Industrial Production and Capacity Utilization Federal Reserve Board

U.S. trade deficit swells to record $55.5B AP via Raleigh News and Observer / Jeannine Aversa

Software mergers seen increasing Mercury News via Kansas City Star / Therese Poletti

US chain store sales fall in Dec 11 week-report Reuters

New year will bring end of Blockbuster late fees AP via Miami Herald

U.S. Trust's Leach Says '05 Gains Won't Come Easy Bloomberg / Chet Currier

Reverse mortgages are going to yield more Philadelphia Inquirer / Jeff Brown

SC: Economist upbeat on state's economy AP via Myrtle Beach Sun News

FL: Attendance jumps 4% at theme parks for first increase since 2001 South Florida Sun Sentinel / Mike Schneider

UK: Credit card threat to economy Daily Mail via This Is London / Darren Behar

UK: Sterling firm as inflation ticks higher FT / Steve Johnson

Ashcroft, the Beltway Bogeyman, Says Goodbye Bloomberg / Andrew Ferguson

Asia Can Save Global Growth From Dollar's Slump Bloomberg / Andy Mukherjee

Russia: 'A Climate of Fear' Threatens Economy Moscow Times / Maria Levitov

Dollar Advances on Expectations Fed to Raise Interest Rates Bloomberg / John Brinsley

Oracle to Acquire PeopleSoft for $10.3 Billion, Ending Bitter Fight NY Times / Steve Lohr and Laurie J. Flynn

Hunting Bear, or Maybe Bear Is the Hunter NY Times / Landon Thomas, Jr.

Dear Santa, I Want . . . Oh, Never Mind. I'll Buy It Myself. NY Times / Guy Trebay


Association Comments on MSRB's Proposed Amendments to G-38 Bond Market Association

Fed is working on an "A" with its handling of rates St. Louis Post Dispatch / David Nicklaus

Even Hijackers Shun Dollars Texas Hedge Fund Report via Safehaven / T. Stein / S. McIntyre

U.S. Treasuries retain gains, flows limited Reuters

America—Who Needs It? The Slate / Daniel Gross

Big Oil Pushes Deeper Into Gulf of Mexico Reuters / Deepa Babington

Inviting a creditor invasion Dallas Morning News / Danielle DiMartino

Spitzer subpoenas Morningstar CBS Marketwatch / Jonathan Burton

Three Strikes...You're Out Daily Pfennig via Daily Reckoning / Chuck Butler

SEC may broaden "trade-though" rule Reuters via CNN

Canadian Bonds Gain as Target Rate Seen on Hold in Slow Economy Bloomberg / Sangeetha Ramaswamy

Bush pledges strong-dollar policy by cutting federal budget deficits AP via San Diego Union Tribune / Martin Crutsinger

White House: Personal Accounts Not a Fix AP via Mercury News / Leigh Strope

FCC to allow wireless access on planes AP via Seattle Times / Genaro C. Armas

TX: Yukos files for bankruptcy in Houston Houston Chronicle / Tom Fowler and Lynn Cook

CA: County's housing prices in pullback San Diego Union Tribune / Roger M. Showley

CalPERS votes to oppose privatizing Social Security AP via Spartanburg Herald Journal

Calpers raps Bush on Social Security CBS Marketwatch

How those rates measure up Philadelphia Inquirer / Andrew Cassel

Sprint's play for Nextel might force rivals' hands Baltimore Sun / Jay Hancock

SEC: Fannie Mae Violated Accounting Rules AP via Philadelphia Inquirer / Marcy Gordon

Bankrupt ATA gets offer from Southwest AP via Cleveland Plain Dealer

IL: This call center was outsourced to Chicago Chicago Sun Times / Howard Wolinsky

Treasuries higher as inflation fears calmed FT / Jennifer Hughes, Alex Skorecki and Barney Jopson

Dollar weighed down by structural concerns FT / Jennifer Hughes

Will REITs still be right? CNN / Paul R. La Monica

Bush Pledges Strong-Dollar Policy AP via Charlotte Observer / Terence Hunt

Two-day forum touting Bush economic policies AP via Baltimore Sun / Jennifer Loven

Empire State Manufacturing Survey Federal Reserve Bank of New York

The cost of borrowing The Economist

Recovery, Phase Two National Review / Larry Kudlow

Down in the House? National Review / Bruce Bartlett

Dollar Declines as Foreigners Slow Purchases of U.S. Assets Bloomberg / Richard Blackden and Joshua Krongold

Best Buy's 3Q Earnings Climb 21 Percent AP via Forbes

Sprint to Buy Nextel for $35 Billion in Stock, Cash Bloomberg / Dana Cimilluca and Dan Lonkevich

LeapFrog Executive Resigns Amid Probe LA Times / Debora Vrana

Deficits Overshadow Economic Summit, May Trim Options Bloomberg / William Roberts

Cheney: Economy Needs Permanent Tax Cuts AP via Chicago Tribune / Jennifer Loven

U.S. Municipalities Moving Toward a Finance Crackup Bloomberg / Joe Mysak

Taiwan: Fitch reaffirms A+ sovereign rating Taipei Times / Kevin Chen

Fed's Most Important Step Wasn't Rate Increase Bloomberg / John M. Berry

Fed May Signal Shifts With Earlier Release of Meeting Minutes Bloomberg / Craig Torres

Gifts to Fidelity Employees Attract Investigators NY Times / Jenny Anderson

Goldman's Paulson May Post Higher Net, Led by Trading, Banking Bloomberg / Adrian Cox

Timing challenge too early to call CBS Marketwatch / Mark Hulbert

WA: More jobs, but jobless rate increases Seattle Post Intelligencer / Dan Richman

Minnesota lost 2,000 jobs last month Minneapolis Star Tribune / H.J. Cummins

China May Be a White Knight for Europe's Laggards Bloomberg / Matthew Lynn

Brazil to Raise Benchmark Interest Rate to 17.75%, Survey Shows Bloomberg / Carlos Caminada

News Corp.'s Peter Chernin Gets Juicy Contract Bloomberg / Graef Crystal

Taiwan must beware dollar's slide Taipei Times / Honigmann Hong

The US nears a fork along the economic road Taipei Times / J. Bradford DeLong

FinancialCad News FinancialCad

Fuel costs wipe out airline profit despite travel rebound IHT / Don Phillips

Fed Panel Lifts Rates and Says More Increases Are Probable NY Times / Edmund L. Andrews

Japan: Bankruptcies fall for 23rd straight month Japan Times

When ‘Europe’ is no longer a negative IHT / Don Phillips

France and Germany Get Deficit Reprieve NY Times / Paul Meller

South Korea May Allow Won Gain to Help Slow Inflation Bloomberg / Christina Soon

Dollar's Fall Is a `Wake Up Call,' IMF's Rajan Says Bloomberg / Julie Ziegler

U.S. 10-Year Treasuries May Rise as Fed Eases Inflation Concern Bloomberg / Shamim Adam

BOJ a Role Model for ECB? Okay Stop Laughing Bloomberg / William Pesek Jr.

France's Chirac, Sarkozy on Sidelines, May Break Deficit Rules Bloomberg / Emma Vandore