Bondhead News Archive

December 01– December 15

Bondheads Home

Tip: Looking for a particular story or writer???

Hit “control + F” to search














How The Internet Saved Literacy Forbes / Maureen Farrell

Falling dollar double-edged sword in Asia AP via Houston Chronicle / Kelly Olson

Sales slide adds to Ford pressure BBC News

Home Depot said it isn't interested in being bought out AP via San Diego Union Tribune / Harry R. Weber

Monetary Policy and Uncertainty Federal Reserve Board / Donald L. Kohn

Fed's Kohn-inflation has shifted down, risks remain Reuters / Glenn Somerville

Economy hard to figure out at present: Fed's Kohn Marketwatch / Greg Robb

Economic Inequality in the United States Federal Reserve Bank of San Francisco / Janet L. Yellen

How Should Regulators Respond to Financial Innovation? Federal Reserve Bank of Richmond / Jeffrey M. Lacker

U.S. Economic Outlook Federal Reserve Bank of Chicago / Michael H. Moskow

Firmer Fed policy may be needed, Fed's Moskow says Reuters / Karen Pierog

Foreign Bank Lending and Bond Underwriting in Japan During the Lost Decade pdf Federal Reserve Bank of San Francisco / Jose A. Lopez and Mark M. Spiegel

ISM drop to force Fed cut-Pimco's McCulley Reuters / Jennifer Ablan

Credit Creation Versus Headwinds Pimco / Andrew Bosomworth

Oil Settles Above $63 After Cut Threats AP via Newsday / J.W. Elphinstone

Beware the falling dollar Fortune via CNN / Jon Birger

Ford's Nov. Sales Slip; GM, Toyota Rise AP via Chicago Tribune / David Runk

Home Depot soars on takeover talk CNN / Christian Zappone

Toyota's U.S. Sales Surpass Ford's Again AP via Forbes / Joseph Altman

Stores struggle to fill holiday jobs AP via NJ Post / Jeff Carlton

Housing slump makes U.S. shoppers cautious Globe and Mail / Barbara McKenna

Chronicles of a Deflation Unforetold pdf Federal Reserve Bank of Chicago / François Velde

Treasuries Rise, Pushing 10-Year Yield to Lowest Since January Bloomberg / Deborah Finestone and Elizabeth Stanton

GM dominates U.S. CDS trading in November – GFI Reuters

Slowdown worries pummel stocks CNN / Grace Wong

Wal-Mart limps into the holidays LA Times / Abigail Goldman

U.S. Economy: Manufacturing Shrinks for First Time Since 2003 Bloomberg / Courtney Schlisserman

Construction Activity Drops in October AP via Newsday / Martin Crutsinger

OPEC Chief Says 2nd Output Cut Likely AP via Forbes

Stick It to the Fat Cats . . .   . . . not the entrepreneurs National Review / Tom Nugent

Security Of Electronic Voting Is Condemned Washington Post / Cameron W. Barr

White House warned on airlines Washington Times / Sean Lengell

Two Cents From Readers Philadelphia Inquirer / Andrew Cassel

Study: U.S. Workers Prefer PPOs, HMOs AP via Newsday / Theresa Agovino

Welcoming remarks at the Fourth Conference of the International Research Forum on Monetary Policy Federal Reserve Board / Ben S. Bernanke

Federal Reserve Events Reuters

Bernanke Serves Policy for Breakfast AP via Chicago Tribune / Jeanne Aversa

Mortgage Bonds Hurt by Delinquencies, Housing Slump Bloomberg / Darrell Hassler

States, Localities Wary of Embracing Toll Road Sales Bloomberg / Joe Mysak

Where costs will rise (or fall) in 2007 CNN / Jeanne Sahadi

Friday’s Analysis / Marty Chenard

Costly Bonds, Real Estate Make Stocks Look Good Bloomberg / Chet Currier

Oil sinks below $63, OPEC mulls more cuts Reuters via CNN

Dollar Set for Weekly Loss on Expectations Rate Premium to Fade Bloomberg / Min Zeng and Agnes Lovasz

First Ports, Now Airlines? Forbes / Jessica Holzer

CA: County's economy continues to droop San Diego Union Tribune / Dean Calbreath

Pimco's Gross Says Credit Derivatives Show Bond Rally Is Over Bloomberg / Elizabeth Stanton and Shannon D. Harrington

November Volume Lags '05 Bond Buyer / Matthew Posner

Some Hedge Funds Decide That Relying on Banks Is Just Too Risky NY Times / Jenny Anderson

The revenge of the utilities Marketwatch / Mark Hulbert

Senator Has Questions for NASD NY Times / Gretchen Morgenson

Oil May Rise on Lower U.S. Supplies, Cold Weather Bloomberg / Mark Shenk

Japan's Inflation Unexpectedly Slows; Jobless Falls Bloomberg / Mayumi Otsuma

Why Paulson Will Face Disappointment in China Bloomberg / William Pesek


Cracks widen in U.S. economy Washington Times / Patrice Hill

Shoppers warned over US gift duty BBC News

Consumer Lookout: There's help for house payments Minneapolis Star Tribune / Jackie Crosby

Capitalism thrives with immigration Denver Post / Al Lewis

The Recession of 2007 Thoughts From The Frontline via Safehaven / John Mauldin

Kimball in running to lead Atlanta Fed Boston Globe / Keith Reed

Rally hits choppy waters CNN / Alexandra Twin

Europe calmly looks at sliding dollar AP via NJ Post / David McHugh

MI: Riddle me this: Do you want to sell that house or not? Detroit News / Brian J. O’Conner

OH: Sales of existing homes tumble 9.3% in area Akron Beacon Journal / Marilyn Miller

SEC targets trader’s Folks NY Post / Roddy Boyd

Negative manufacturing, construction reports have investors wondering when Fed will reduce rates AP via Pittsburgh Post Gazette / Jessica Mintz

Small Brokers Hope to Block NYSE - NASD Linkup Reuters via NY times

Delay on Tax Breaks Affects Millions AP via ABC News / Jim Abrams

Bush may end drilling ban in Alaskan bay AP via St. Petersburg Times / John Heilprin

IRS needs help for busy season Kansas City Star / Gene Meyer

MD: Bank lowers profit outlook Baltimore Sun / Laura Smitherman

It's getting tougher to stay on top LA Times via Houston Chronicle / Molly Selvin

Taiwan: Vehicle sales down 30 percent in first 11 months of 2006 Taipei Times / Jason Tan

You need the right real estate agent in buyer's market via Seattle Post Intelligencer / Holden Lewis

Jobless rate expected to tick higher in November Marketwatch / Rex Nutting

OPEC sends conflicting signal on need for deeper cut Reuters via Washington Post / Summer Said and Talal Malik

UK: Fears for US industry edge dollar closer to 50p mark Guardian / Larry Elliott

Dollar Tumbles to 20-Month Low Against Euro on Slowdown Concern Bloomberg / Min Zeng

European Government Bonds Post Weekly Advance as Euro Gains Bloomberg / Gavin Finch

Volatile Dollar May Not Be Scary to Washington NY Times / Steven R. Weisman

Bank of America’s Chief Financial Officer Decides to Leave NY Times / Eric Dash

Nature Getting the Blame for Costly Orange Juice NY Times / Andrew Martin

Japan's 10-Year Bonds Gain for Second Week as Inflation Slows Bloomberg / Keiko Ujikane

Extra Weight, Higher Costs NY Times / Damon Darlin


Wall Street need not embark on a race to the bottom FT / Jeffrey Garten

UK interest rate pause to shift focus to pre-Budget report FT / Chris Flood

The waning dollar and a not-so-brave new world FT / John Plender

Traders on edge ahead of market open FT

U.S. consumers flocking to Wal-Mart Reuters / Nichola Groom

Everyones Favorite Whipping Boy (the dollar) Takes Center Stage Clif Droke Market Analysis via Safehaven / Clif Droke

Feeding the Chinese Dragon Dollar Daze via Safehaven / Mike Hewitt

U.S. retail gas prices continue to rise AP via NJ Post

The Age Of Financial Ruin Has Begun In Earnest Prospering Bear via Safehaven / Jan Allen

Millions of Americans have second, third jobs Kansas City Star / Su Bacon

Unemployment Rate Edged Up in November: U.S. Economy Preview Bloomberg / Vince Golle

12 days of shopping rises 3.1% this year AP via Houston Chronicle

Market Eyes Jobless, Factory Order News AP via Washington Post / Tim Paradis

Fannie, Freddie won't budge: $417,000 is still the limit LA Times / Lew Sichelman

Illegal immigrants get legal mortgages Seattle Times via St. Louis Post Dispatch / Lorent Turnbull

Wall Street kicks off December in less than festive fashion Pittsburgh Tribune Review / Gregory M. Drahuschak

Hey Russia, leave U.S. Steel alone Pittsburgh Tribune Review / Jack Markowitz

Don’t let changes in tax code surprise you come April 16 Kansas City Star / Gene Meyer

New life for older airplanes Chicago Tribune / Julie Johnsson

Korea: Vulnerable miracle LA Times / Peter Pae

Dollar likely to keep falling - with luck Philadelphia Inquirer / Andrew Cassel

Boon for Americans' foreign stocks Philadelphia Inquirer / Jeff Brown

Do you want to become a member? Newsday / Susan Harrigan

Beat the Clock (and Get a Double Bonus) NY Times / Andrew Ross Sorkin

Health-savings accounts appealing, but not for all Chicago Tribune / Janet Kidd Stewart

EU: No pause, please: The word on Europe's interest rate increases Taipei Times / Melvyn Krauss

What fund companies could give shareholders this season Marketwatch / Chuck Jaffe

Past Losses a Plus for Large-Growth Funds Wall Street Journal / Jaclyne Badal

It's Time, Not Timing Wall Street Journal / Jonathan Burton

How the Pros Tell If a Stock Is a Bargain Wall Street Journal / Gregory Zuckerman

Seeking Clarity on Inflation NY Times / Conrad De Aenlle

The long, unwinding road to a dollar adjustment Independent / Bill Robinson

Plunging dollar will set world markets reeling Guardian – Observer / Heather Stewart

UK: Faith Archer explores how British investors can benefit from the weak dollar Telegraph

Tracking the Smartest Money Barron’s via Marketwatch / Andrew Barry

When Wall St. Looks Like Pamplona, Sound an Alarm Marketwatch via NY Times / Mark Hulbert

Blowing the Whistle on Big Oil NY Times / Edmund L. Andrews

Uncle Sam flexes his muscles - and big banks quiver Independent / Andrew Murray

More Farmers Seek Subsidies as U.S. Eats Imported Produce NY Times / Alexei Barrionuevo

UK: Just a little friendly advice, Mr Brown... Guardian – Observer / Heather Stewart

Investing in world economy isn't so simple Chicago Tribune / Gail MarksJarvis



Bond-fund managers differ with Fed's cautious tone Marketwatch / Murray Coleman

Don’t Follow the Yellow Brick Road National Review / Jerry Bowyer

Debunking Krugman’s Recession National Review / Larry Kudlow

Betting against Bernanke’s words $ FT / John Authers

US online help-wanted ads drop in November –report Reuters

Changing the Fed Call Morgan Stanley / Richard Berner

Moskow says Fed must be vigilant on inflation Marketwatch / Tamawa Kadoya

Review and Preview Morgan Stanley / Ted Wieseman

Wobbling, not collapsing The Economist

Dollar starts the week higher Marketwatch / Wanfeng Zhou

Is this a USD Story or a EUR Story? Morgan Stanley / Stephen L. Jen

Stocks jump on mergers, falling oil CNN / Alexandra Twin

Stocks Spring Higher In Morning Trade Investors Business Daily / Vincent Mao

Don’t blame economy for Wal-Mart's slow holiday season AP via Kansas City Star / Rachel Beck

Sharply lower crude oil propelling airline sector Marketwatch / Padraic Cassidy

McDonald's sets sights on Asia Chicago Sun Times / Cheryl V. Jackson

Notes On The News: The Dollar's Dog Days Forbes / Paul Maidment

Bolton to leave as US ambassador to UN Reuters via FT

ChinaGoes for Quality Morgan Stanley / Stephen S. Roach

India's blossoming economy The Economist

EU: Peeping Through 2007 Uncertainties Into 2008 Morgan Stanley / Eric Chaney

Morgan Stanley Buys Hedge Fund Brookville Capital Bloomberg / Christine Harper

Bank of New York, Mellon to merge, combined co valued at 43 bln usd AFX via Forbes

U.S. October pending home sales index falls 1.7 pct Reuters

Bank of New York to buy Mellon for $16.5B Reuters via CNN

PayPal's Thiel Scores 230 Percent Gain With Soros-Style Fund Bloomberg / Deepak Gopinath

PIMCO, TCW Group bond managers eye CDOs for growth Reuters / Walden Siew

Fed's Moskow says must stay vigilant on inflation Reuters

Federal Reserve Events Reuters

Monday’s Analysis / Marty Chenard

Santa has left Wall Street CNN / Alexandra Twin

In Tough Times, a Redesigned Journal NY Times / Katharine Q. Seelye

Crude futures fall as much as 1% in early trading Marketwatch / Myra P. Saefong

Dollar starts the week higher Marketwatch / Wanfeng Zhou

Dessauer doubts dollar Marketwatch / Peter Brimelow

Who's Afraid of a Higher Minimum Wage? Washington Post / Michael S. Rosenwald

Rolling off more presses: reports on 'social responsibility' Christian Science Monitor

ECB May Raise Rate to 3.5%, Prepare Ground for Further Increase Bloomberg / John Fraher

The Federal Reserve’s inflation error Brookes News / Gerard Jackson

Week Will See $9.9B Of Volume Bond Buyer / Michael Scarchilli and Matthew Posner

Is the US economy recession proof? Brookes News / Dr Frank Shostak

Forget shopping, this could turn into a crash Guardian / Larry Elliott

Dollar Rebounds on Speculation Traders to Pare Bets on Decline Bloomberg / Kosuke Goto and Ron Harui

Yuan Advances to Highest Since End of Dollar Link in July 2005 Bloomberg / Christina Soon

Global Expansion Threatened by Vehicle, Phone Glut Bloomberg / Rich Miller and Joe Richter

EU: Persistent dollar doldrums could weigh heavily on Europe Independent / Stephen King

UK: Holding interest rates at 5% 'dead cert' despite inflation Scotsman / Alistair Mcarthur

UK: Brown condemned for 'failures' Scotsman / Alistair Mcarthur

Treasury Investors Ignore Fed as Bonds Rally Most in Four Years Bloomberg / Michael McDonald

Gold May Rise for Third Week as Dollar Slide Spurs Metal Demand Bloomberg / Choy Leng Yeong


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

Congress is quitting for the year, leaving its main job undone McClatchy / Steven Thomma

A Mixed Bag of Economic Data Business Week via MSNBC

Companies raise party spending Newsday / Carrie Mason-Draffen

The Small Street Journal The Small Street Journal

Fed needs to prepare for the unexpected London Times / Gerard Baker

CO: Mortgage bank abruptly closes Denver Post / Greg Griffin

AMT relief on the way? Marketwatch / Thomas Kostigen

House nears vote on wide-ranging trade bill Reuters via Washington Post / Doug Palmer

Stocks Rise Again; Volume Perks Up Investors Business Daily / Vincent Mao

Aftershocks: The Mellon Financial -- Bank of New York merger Pittsburgh Post Gazette / Dan Fitzpatrick

Mich. yet to feel force of cutbacks Detroit News / Louis Aguilar

Irrational Exuberance' May Now Be More Rational Bloomberg / Daniel Hauc

Tracking Productivity in Real Time Federal Reserve Bank of New York

Monthly Mutual Fund Report pdf Federal Reserve Bank of Boston

Bank of Canada leaves interest rates alone Globe and Mail / Tavia Grant

The triumph of small-caps $ FT / John Authers

The New Dot-Economy Washington Post / Alan Sipress

Steep conditions set for NYSE-Euronext deal $ FT / Norma Cohen

Wells Fargo buying more 'sub-prime' mortgages LA Times / E. Scott Reckard

US Housing $ FT / Lex

Chinese gold consumption to grow 17% this year: report AP via Globe and Mail

A Second Departure Near the Top of Goldman NY Times / Jenny Anderson

Draft interagency notice of proposed rulemaking on Basel IA Federal Reserve Board

Monetary Inflation Is the Problem Lew Rockwell / Ron Paul

Credit derivatives: Toxic or magic? Reuters / David Wigan

US SWAPS-Spreads mixed amid conflicting data Reuters

T-bill rates lowest in two months AP via St. Paul Pioneer Press

S&P ends at 6-year high CNN / Alexandra Twin

RPT-ABC/WashPost US Consumer Comfort Index drops to -1 Reuters

The "Carry" Trade in U.S. Housing Looks to be Over Northern Trust via Safehaven / Paul Kariel

The Drifting Dollar Daily Standard / Irwin Stelzer

More foreign investment in U.S. airlines put on hold Washington Times / Sean Lengell

Oil prices rise on weather, OPEC worries AP via NJ Post

Home builders see bottom of housing slump CNN / Les Christie and Chris Isidore

US stocks up on ISM services index, inflation data Reuters / Caroline Valetkevitch

Tuesday’s Analysis / Marty Chenard

US economy looks set for ‘soft landing’ FT / Eoin Callan

Service sector shows surprising growth Reuters via CNN

U.S. Economy: Service Industry Growth Unexpectedly Accelerates Bloomberg / Bob Willis and Joe Richter

Consumers seem to be waiting for holiday bargains AP via Houston Chronicle

Junk-Bond Bears, Bulls Swap Sides After Market Rally Bloomberg / Caroline Salas

Richest 2% own 'half the wealth' BBC News / Andrew Walker

IRS removes refund loan solicitations from e-filing programs AP via Silicon Valley

Treasuries barely move on labor costs revisions Reuters / Pedro Nicolaci da Costa

Productivity up less than forecast CNN

U.S. Retailers' Sales Rose 3.1% Last Week, Group Says Bloomberg / Jennifer Sudick

Derivative traders see Nov US payrolls at 82,000 Reuters

Health costs rise faster than pay Denver Post / Will Shanley

Hefty Corporate Bankruptcy Jump Seen / Stephen Taub

Late payments on high-risk loans jump Reuters via CNN

Oil Prices Rise on Weather, OPEC Worries AP via Forbes

State of uncertainty: Mellon move a boon . . . for now Boston Herald / Jay Fitzgerald

Denver-area foreclosures set record Rocky Mountain News / John Rebchook

Yen Rises to Four-Month High; BOJ's Mizuno Signals Higher Rates Bloomberg / Dan Kruger and Kabir Chibber

Party’s Over! Jeffries Fines $10M NY Post / Roddy Boyd

Bank of America expands free stock trading CNN

Index-Fund Pioneer Bogle Sees Trouble in Paradise Bloomberg / Chet Currier


Junk-bond managers maintain high hopes Marketwatch / Murray Coleman

What's the Fed up to when Yield Curves "De-Invert"? Northern Trust via Safehaven / Paul Kasriel

Survey: Fewer affordable homes available USA Today / Haya El Nasser

Oil prices rise slightly in Asia AP via Houston Chronicle

NY: In one month, cost of fill-up goes way up Newsday / Tom Incantalupo

Where Is the Economy Headed? Washington Post / Nell Henderson

Amaranth's Slide Began With Offer to Keep Star Trader Bloomberg / Katherine Burton and Jenny Strasburg

NV: Inflation fears start to ease Las Vegas Review Journal / Hubble Smith

European Central Bank walks interest rate tightrope IHT / Carter Dougherty

U.S. mortgage rates unchanged on Wednesday – BestInfo Reuters

Ford Raises Borrowing Capacity to $21.5B AP via Forbes / Tom Krisher

Ford Boosts Convertible Bond Sale to $4.5 Billion Bloomberg / Mark Pittman and Elizabeth Hester

Friday's Employment Report: Reaction May Be Telling Ciovacco via Safehaven / Chris Ciovacco

Zero Visibility Best Minds via Safehaven / Doug Wafefield

Treasurys End Lower After Data Shows Strong Jobs Growth / Leslie Wines

Treasuries retreat on mortgage data, jobs f'cast Reuters / Ellen Freilich

Bonds slip after robust Nov. jobs report AP via Beaufort Gazette

Cautious Fed adopts wait-and-see policy FT / Krishna Guha

Gold extends retreat as dollar gains Marketwatch / Myra P. Saefong

Dow closes down 22, Nasdaq closes down 7 AP via St. Petersburg Times / Joe Bel Bruno

Analyst downgrade sparks 5% Oracle drop San Jose Business Journal

Fannie Mae erases $6.3 billion in profit AP via  St. Petersburg Times / Marcy Gordon

Home Depot finds $200M in option expense AP via  St. Petersburg Times / Harry R. Weber

PA: Mellon move is warning to city Pittsburgh Tribune Review / Jack Markowitz

The Real Stakes in the Hedge Fund Hearings Business Week via MSNBC / Steve Rosenbush

The last tax-free Christmas online? Forbes via MSNBC / Janet Novack

On ECB and euro $ FT / John Authers

UK: Brown's slow progress Guardian / William Keegan

Emerging debt-Risk spreads tighten in slow market Reuters

Fixed-Income Electronic Trading Accelerating; Trading Volumes Up over Last Year Bond Market Association

Why data are full of surprises Philadelphia Inquirer / Andrew Cassel

U.S. home loan demand rises as refinancing surges Reuters / Julie Haviv

Senate Raises Heat on Funds in Panel Grilling NY Post / Paul Tharp

Lehman's Fuld to Get $186 Million Over Next 10 Years Bloomberg / Yalman Onaran

Hedge Jou$t NY Post / Roddy Boyd

Loans on tax returns dropped IRS eliminates solicitation from e-filing programs AP via Seattle Post Intelligencer / Jim Abramsthe

Odds of an early-2007 rate cut decline Marketwatch / Tomi Kilgore

Dollar Depreciates in November Federal Reserve Bank of Atlanta

MI: The foreclosure capital of the U.S. MSN

World stocks surge in 2006, trend likely to continue in 2007 AFX via Forbes

Sales of hybrid vehicles falling with gas prices San Francisco Chronicle via Seattle Post Intelligencer / Kathleen Pendersan

Milton's Inner Fire Tech Central Station / Russell Roberts

Federal Reserve Events Reuters

Reports hint Fed could ease inflation battle AP via Cincinnati Enquirer / Martin Crutsinger

Falling Dollar, Lingering Greenspan Make Life Tough for Bernanke SeekingAlpha / Tim Iacono

Fed in holding pattern on mixed signals Globe and Mail / Barbara McKenna

US private sector adds 158,000 jobs in Nov-survey Reuters

The missing pay hikes CNN / Chris Isidore

Bulls head back to the barn CNN

Wednesday’s Analysis / Marty Chenard

Medicare Exacts Tax Penalty on Muni Bond Investors Bloomberg / Joe Mysak

Mortgage applications rise as rates tumble CNN

Rates Fall and Mortgage Applications Rise In Latest Survey Mortgage Bankers Association

Royal Bank of Scotland 2006 Profit to Rise on Loans Bloomberg / Jon Menon and Ben Livesey

British economic growth forecast raised AP via NJ Post / Jane Wardell

UK's Brown says UK economy will grow 2.75 pct in 2006 AFX via Forbes

China Jan-Nov trade surplus at 157 bln usd – Xinhua AFX via Forbes

Oil prices rise in Asian trading AP via NJ Post

MSRB Head Troubled by Two Probes Bond Buyer / Alison L. McConnell

Housing market, Fed policy, deficit spur debate over economy in ’07 The Hill / Oxford Analytica

Subprime Loans Going From Boon to Housing Bane NY Times / Vikas Bajaj and Ron Nixon

What Statistics on Home Sales Aren’t Saying NY Times / David Leonhardt

Study Finds Wealth Inequality Is Widening Worldwide NY Times / Eduardo Porter

Asian Currencies: South Korean Won Climbs; Ringgit, Baht Drop Bloomberg / Jake Lee and Yumi Teso

The sliding dollar: both boon and bane Christian Science Monitor / Mark Trumbull

Australian Central Bank Keeps Rate Unchanged at 6.25% Bloomberg / Hans van Leeuwen and Gemma Daley

Asia's Economic Future Up in the Air, Literally Bloomberg / William Pesek



Dow 16,000 in '07 The Street via Fiend’s SuperBear Page / James Altucher

How Retail Therapy Can Help The Economy NY Post / John Crudele

Ageing bull The Economist

A European values debate The Economist

UK: Gordon's manifest The Economist

U.S. nonfinancial debt rises 6.7 pct in 3rd qtr Reuters

The Fed that cried wolf CNN / Paul R. La Monica

US tech stocks fall on worries about jobs data Reuters

Today's liquidity might translate to overconfidence Chicago Tribune / Bill Barnhart

Steady jobless numbers point to ‘soft landing’ FT / Eoin Callan

Gold futures fall to a two-week low Marketwatch / Myra P. Saefong

Cash-Strapped Homeowners Can't Make Payments ABC News / Eric Noe

Mortgage rates near 2006 low CNN

KC becoming transportation hub Kansas City Star / Kevin Collison

EU: Rates up, again The Economist

U.S. Criminal Probe Rattles $2 Trillion Municipal Bond Market Bloomberg / William Selway and Martin Z. Braun

The Dark Side of Munis Bond Buyer / Lynn Hume

Bernanke May Clash With Democratic Congress on Wages, Inflation Bloomberg / Scott Lanman

Dow jumps near record territory CNN

Thursday’s Analysis / Marty Chenard

Home Depot Probe Uncovers 19 Years of Options Backdating Bloomberg / Mark Clothier

U.S initial claims retreat after big spike Marketwatch / Greg Robb

ECB says will monitor inflation risks 'very closely' Marketwatch / Steve Goldstein

Federal Reserve Events Reuters

U.S. jobless claims fell 34,000 last week Reuters

CEOs Dumping Company Shares / Stephen Taub

To harvest tax losses or not to harvest? Philadelphia Inquirer / Jeff Brown

Copper dips after strong gains, aluminum falls after options expiry AFX via Forbes

Left holding the bond Boston Globe / Steven Syre

CA: Local home builders battle the big boys Sacramento Bee / Jim Wasserman

ECB's Trichet Says Rates Still `Low' After Increase Bloomberg / Simone Meier

European Central Bank boosts rate AP via NJ Post / Matt Moore

Bank of England holds rates steady AP via NJ Post

Bonuses for European Bankers May Be Diminished by Dollar Tumble Bloomberg / Julia Werdigier

Report Says Oil Royalties Go Unpaid NY Times / Edmund L. Andrews

Global Investing bearish on dollar, too Marketwatch / Peter Brimelow

Japan's Bonds Tumble on Concern BOJ to Boost Rates This Month Bloomberg / Chris Cooper

Japan's Population Fall a Case for Freakonomics? Bloomberg / William Pesek


A Volatile Swap Index Bond Buyer / Matthew Posner

Red alert! Greenback in danger Globe and Mail / John Partridge

Back to the futures Marketwatch / Mark Hulbert

Canada: Results leave bankers beaming Globe and Mail / Andrew Willis

What's Really Going on With Bonds? Euro Pacific via Safehaven / Peter Schiff

Employment and Recessions (Short and "Sweet"): A Picture Worth Thousand Words Prophet of Gloom and Doom via Safehaven Jas Jain

Forecasters: Tech spending to grow slowly Dow Jones via Minneapolis Star Tribune

PA: PNC chief: We won't abandon Pittsburgh Pittsburgh Tribune Review / Rick Stouffer

VoIP Subscribers Grow 18 Percent in 3Q AP via Newsday / Bruce Meyerson

McDonald's Shares Reach Seven-Year High AP via Newsday

Sirius, XM Satellite Signals Put shares In Orbit NY Post / Peter Lauria

The Malling Of America Forbes / R.M. Schneiderman

House passes tax break renewal CNN / Jeanne Sahadi

White House: China Must Speed Reforms AP via Forbes / Martin Crutsinger

Wall Street Ends Week With Moderate Rise AP via South Florida Sun Sentinel / Tim Paradis

Treasury Volatility Nears Year High as Fed Speculation Climbs Bloomberg / Michael McDonald

Emerging debt-Risk spreads tighten on strong US jobs data Reuters

Chief Financial Officer's (CFO) Report to the Board FDIC

Goldman Sachs Flagship Hedge Fund Falls 11.6 Percent Bloomberg / Katherine Burton

Bank Of America Looks Abroad Forbes / Liz Moyer

The Mystery of Falling State Corporate Income Taxes Federal Reserve Bank of San Francisco

U.S. Stocks Rise on Jobs Data; Energy Shares, Citigroup Advance Bloomberg / Hilary Johnson

Friday’s Analysis / Marty Chenard

Can the Future Do Without Economic Logic? Ludwig von Mises / Tim Swanson and Isaac Bergman

Treasury bonds under pressure after Nov. jobs gain Marketwatch / Leslie Wines

U.S. Economy: Employment Growth Exceeds Forecasts Bloomberg / Joe Richter

US jobs growth supports Fed’s outlook FT / Eoin Callan and Tony Tassell

Sound and fury with US payrolls $ FT / John Authers

U.S.'s Paulson says economy on solid footing Reuters

Hybrid securities $ FT / Lex

Phila. Fed forecasters see no recession on the horizon Philadelphia Inquirer / Andrew Cassel

U.S. rate futures show lower chance of Q1 Fed cut Reuters

Fannie Takes a Load Off / Stephen Taub

IL: State's budget meltdown Chicago Sun Times / David Roeder

Global Lessons Morgan Stanley / Stephen Roach

False Dawn for Housing Demand? Morgan Stanley / Richard Berner

Low Rates, Tax Overhaul Might Drive Muni Market Mad Bloomberg / Joe Mysak

Ford Bonds Rise on Job Cuts, Convertible-Debt Demand Bloomberg / Mark Pittman

`Irrational Exuberance' Baffles 10 Years Later Bloomberg / John M. Berry

Job market signals solid growth CNN

Long a Laggard, Wages Start to Outpace Prices NY Times / Jeremy W. Peters and David Leonhardt

Consumers Less Cheery As Holidays Near AP via Chicago Tribune / Jeannine Aversa

U.S. consumer sentiment 90.2 in Dec – survey Reuters

U.S. Economy: Employment Growth Exceeds Forecasts in November Bloomberg / Joe Richter

Gauge of U.S. economy rises in latest week – ECRI Reuters

Oil jumps above $63, OPEC eyed Reuters via CNN

As Emerging Markets Hit New Highs, Risk Rises Too Bloomberg / Chet Currier

CO: Nov. metro home sales drop 13.7% Denver Post / Aldo Svaldi

More ECB Tightening to Come Morgan Stanley / Elga Bartsch

UK: Fiscal Policy: Not Much of a Change Morgan Stanley / Melanie Baker


Study says many seek help of IRS AP via Houston Chronicle

Volatility to ramp up after FOMC issues outlook Marketwatch / Carla Mozee

Paulson Says U.S. Must Fight Protectionism to Protect Growth Bloomberg / Alison Fitzgerald

When Will the Housing Market Bottom? Thoughts From The Frontline via Safehaven / John Mauldin

MA: Housing slump projected to 2008 AP via Boston Herald

CA: For whom the economy tolls Orange County Register / Jonathan Lansner

TX: Gasoline's climb no big deal, yet Houston Chronicle / Brett Clanton

U.S. Stocks Rise for Week on Takeovers; Bank of New York Gains Bloomberg / Michael Tsang

Investment houses riding high AP via St. Paul Pioneer Press / Joe Bel Bruno

Euro Has Biggest Weekly Drop in 3 Months on ECB Rate Outlook Bloomberg / Daniel Kruger

Treasuries Post Biggest Weekly Drop Since June on Jobs Report Bloomberg / Deborah Finestone and Elizabeth Stanton

OPEC's acting chief sees oil oversupply Reuters via CNN

Cities face life without 16 Ford plants AP via Akron Beacon Journal / M.R. Kropko

Hiring for the holidays boosts the jobless rate With work available, more are looking AP via Seattle Post Intelligencer / Jeannine Aversa

European Bonds Post Biggest Weekly Decline in Three Months Bloomberg / Gavin Finch

Heavy Day of Trading in 2 Banks NY Times / Eric Dash and Heather Timmons

Democrats Plan Oil Royalties Inquiry NY Times / Edmund L. Andrews



Fed enters tricky territory USA Today / Barbara Hagenbaugh

Going gets tough for subprime lenders Dallas Morning News / Brendan M. Case

Fed to keep inflation warning, hold rates steady Reuters / Alister Bull

U.S. Treasuries pause after buckling on jobs data Reuters

Oil prices fall below US$62 a barrel ahead of OPEC meeting AP via IHT

Ease stock regulation, just not too much St. Louis Post Dispatch / David Nicklaus

Oil producers shun dollar FT / Haig Simonian, Javier Blas and Carola Hoyos

Wall Street’s investment banks buoyant $ FT / Ben White

Eurozone policymakers must prepare for the worst $ FT / Wolfgang Munchau

China risk to world economy, says Schwab FT / Eoin Callan and Krishna Guha

Debt vultures have time on their side $ FT / John Gapper

Gearing up for the Fed CNN / Alexandra Twin

Money flows on faith in the Fed La Times / Tom Petruno

Pimco, Fukoku Buy Riskiest Japanese Bonds as Economy Expands Bloomberg / Oliver Biggadike and Chris Cooper

Masked mortgages Orange County Register / Amy King

IL: Company agrees to sell Hancock for $385 million Chicago Tribune / Susan Diesenhouse

November Price Rise Is First in 3 Months: U.S. Economy Preview Bloomberg / Carlos Torres

Holiday shopping traditions begin to fade Detroit News / Froma Harrop

We may be at the point of diminishing returns Pittsburgh Tribune Review / Gregory M. Drahuschak

Raines claiming accountability isn't enough; he should show it Baltimore Sun / Jay Hancock

Rise may hold seeds of its fall Philadelphia Inquirer / Andrew Cassel

How one trader lost $6.6 billion at a hedge fund Bloomberg via Houston Chronicle / Katherine Burton and Jenny Strasburg

Steering fund investors to surefire lower returns LA Times / Kathy M. Kristof

Alternative Minimum Tax still up in air beyond '06 Cincinnati Enquirer / Alexander Coolidge

Mixed signals are dividing the experts London Times / Irwin Stelzer

The Fed's fateful meeting Washington Times

Home Borrowers Falling Behind Wall Street Journal

Weaker Dollar? Bet on Bigger Firms Wall Street Journal / Peter A. McKay

UK: If the Chancellor played it straight then maybe we wouldn't be so grumpy Independent / Hamish McRae

Which Economy Will Guide The Fed? NY Times / Conrad De Aenlle

US looks to Fed for rate-cut signs Guardian – Observer / Heather Stewart

If You Cheer for the Tortoise, Applaud for Dividends US News and World Report via NY Times / Paul J. Lim

Democrats May Give Alternative Energy a New Push NY Times / Norm Alster

UK: Treasury's growth goal banks on immigration Guardian – Observer / Heather Stewart

UK: Gordon's little secret - there's nothing for his successor to spend Guardian – Observer / Heather Stewart


Sales tax deduction comes too late for IRS forms McClatchy / Maria Recio

Options Expiration Supports Stocks Forbes / Bernie Schaeffer

US employers set to tighten hiring plans FT / Doug Cameron

Interview with Paul Kasriel Mish’s Global Economic Trend Analysis via Safehaven / Mike Shedlock

Will Fed acknowledge 'straws in wind' of slowdown? Marketwatch / Greg Robb

U.S. stocks close higher on merger news Marketwatch / Nick Godt

For Skilling, campus, er, prison life has perks AP via MSNBC

Currencies: Liar! Daily Reckoning / Chuck Butler

Comfortable Economic Ignorance Daily Reckoning / Mogambo Guru

Canada: Improving Financial System Efficiency: The Need for Action Bank of Canada / David Dodge

Europe must embrace its neighbours FT / Chris Grant

Mortgage Delinquencies a Rising Threat AP via Chicago Tribune / Marcy Gordon

Fed expected to keep interest rates on hold FT / Krishna Guha

Federal Reserve may have hit speed limit FT / Stephen Cecchetti

Economic Quarterly Federal Reserve Bank of Richmond

New Features for Data on Securities Lending Federal Reserve Bank of New York

The Short View: FOMC decision $ FT / John Authers

US SWAPS-Spreads steady to narrower before Fed meeting Reuters / Ellen Freilich

Gold ends higher, recoups some of last week's loss Marketwatch / Myra P. Saefong

Shake-Up At Citi Forbes / Liz Moyer

How the Global Boom Might End Ludwig von Mises Institute / Sean Corrigan

Ex-Fed chief Greenspan expects more dlr weakness Reuters / Steven Scheer

Employment: Still on Soft Landing Path Business Week via MSNBC / Michael Englund

Older Americans are sinking deeper into debt Chicago Tribune via South florida sun Sentinel / Janet Kidd Stewart

Review and Preview Morgan Stanley / Ted Wieseman

Economic Outlook - December 2006 pdf Bond Market Association

Municipal Bond Antitrust Case Probed by Grand Jury Bloomberg / Patricia Hurtado

It’s a “Growth Recession,” Not a Lasting Downturn Morgan Stanley / Richard Berner

U.S. October wholesale inventories rise 0.8 pct Reuters

Retail shoppers may be playing chicken Marketwatch / Jennifer Waters

Techs lead the way CNN

Stocks Rise In Early Trade Investors Business Daily

Housing Will Recover in First Quarter, Realtors Say Bloomberg / Kathleen M. Howley

FL: Home price index loses credibility Palm Beach Post / Linda Rawls

MA: Sellers yield to buyers as New England housing market reverses AP via Boston Herald

Paulson-don't look for quick results from China trip Reuters

Less talk, more data Rocky Mountain News / Jeff Smith

Bill Miller's streak nears an end CNN / Paul R. La Monica

Global Transitions Morgan Stanley / Stephen Roach

Oil Prices Fall Ahead of OPEC Meeting AP via Allentown Morning Call / George Jahn

Dollar slips versus euro AP via Beaufort Gazette

Can Service Trump Manufacturing? Fundamental Trader Alert via Safehaven / Mark McMillan

TREASURIES-Rise as traders prepare for Fed meeting Reuters / Richard Leong

FASB Seeks New Derivatives Disclosures / David M. Katz

The Fed's Vision Is Reason to Worry Bloomberg / Caroline Baum

Federal Reserve Events Reuters

Monday’s Analysis / Marty Chenard

Common Stocks -- the Coach Class of Capitalism Bloomberg / Michael Lewis

Zillow lets users put up virtual `for sale' signs LA Times via Chicago Tribune / Annette Haddad

A loan that'll get ugly fast LA Times / David Streitfeld

Dollar rises ahead of Fed meeting AP via Houston Chronicle

Millions in U.S. now telecommute More employers are sending the work home Minneapolis star Tribune via Seattle Post Intelligencer / H.J. Cummins

Goldman Hires Amaranth Traders as Hedge Fund Stumbles Bloomberg / Christine Harper and Katherine Burton

Bernanke Wins Fed Inflation Credibility by Deflating His Office Bloomberg / Craig Torres

US economy chugs ahead despite auto and housing slumps Christian Science Monitor / Ron Scherer

Adens doubt U.S. dollar bullish on bonds Marketwatch / Peter Brimelow

GOP Lawmakers Add Provision to Passing Tax Package Washington Post / Jeffrey H. Birnbaum and Lori Montgomery

UK: 'No more boom and bust' - an epitaph for Chancellor Brown Independent / Stephen King

Gold Is Cheap, Yamada, Banks Assert as Sales Pared Bloomberg / Pham-Duy Nguyen

Dollar Advances on Speculation Fed Will Be `Hawkish' at Meeting Bloomberg / Chris Young and Stanley White

Wall Street Earnings May Peak After Three Years of Record Gains Bloomberg / Adrian Cox

Hedging ’06: Year to Read the Caveats NY Times / Jenny Anderson

Stronger Rules on Produce Likely After Outbreaks of E.Coli NY Times / Andrew Martin

The `Skyscraper Curse' Is Worth Watching in 2007 Bloomberg / William Pesek

China Consumer Prices Rise Most in 20 Months on Food Bloomberg / Nipa Piboontanasawat


More Jobs, More Applause National Review / Jerry Bowyer

Transatlantic Economics Daily Standard / Irwin Stelzer

GE forecasts slower profit growth $ FT / Francesco Guerrera

Words, words, words $ FT / John Authers

US economy $ FT / Lex

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

Q3 2006 Commercial/Multifamily Mortgage Debt Outstanding - 2.9% Increase from Q2 2006 Mortgage Bankers Association

Risky mortgages imperil market Washington Times / Patrice Hill

Nasdaq Falls In Heavier Turnover Investor’s Business Daily / Vincent Mao

Currency funds gain as dollar falls AP via Beaufort Gazette / Tim Paradis

Big Al Coming Over To Our Side? Daily Reckoning / Chuck Butler

Steady Fed still sees inflation risks Marketwatch / Greg Robb

The Fed Buys Time Forbes / Paul Maidment and Michele Steele

US interest rates on hold again BBC News

Fed Takes No Action Amid Softer Growth And Inflation Risks Investor’s Business Daily / Scott Stoddard

Backdated stock options face stiff tax bills Wall Street Journal via Pittsburgh Post Gazette / Theo Francis

ABC/WashPost US Consumer Comfort Index up to +1 Reuters

Stocks end lower after Fed keeps rates steady Marketwatch / Nick Godt

Treasurys close higher after Fed holds steady Marketwatch / Leslie Wines

Fed stands pat on interest rates Chicago Tribune / James P. Miller

Odds of rate cut in early-2007 remain unchanged post-Fed Marketwatch

Fed holds steady, Lacker dissents again CNN / Paul R. La Monica

Fed stays on sidelines amid inflation worries AP via Baltimore Sun / Jeannine Aversa

Fed Leaves Rate Unchanged, Signals Softer Outlook Bloomberg / Craig Torres and Scott Lanman

FOMC Statement Federal Reserve Board

Strong, but not strong enough Marketwatch / Tomi Kilgore

Commodities investors eye hedge fund returns over indexes Marketwatch / Matt Chambers

Seven states win federal tax-break extension / Pamela Prah

Justice Department eases grip on legal tools used to fight corporate scandals San Diego Union Tribune / Lara Jakes Jordan

For free holiday delivery, click now Chicago Tribune / Eric Benderoff

Credit unions better get religion on bank fees Seattle Post Intelligencer / Bill Virgin

PA: Holiday bonus disappears from paychecks Pittsburgh Tribune Review / Kim Leonard

Nasdaq unveils hostile LSE offer BBC News

Why Do Stock Exchanges Matter? Motley Fool / Anders Bylund

Job Forecast: Steady - but cautious CNN / Keisha Lamothe

Economy likely to Fed's liking AP via Cincinnati Enquirer / Jeannine Aversa

Dollar modestly higher before Fed's decision Marketwatch / Wanfeng Zhou

UPS Seeking More Job Cuts AP via Las Vegas Sun / Harry R. Weber

Stocks Edge Lower Ahead Of Fed Investors Business Daily / Vincent Mao

TN: Area home sales fall 9% in November Tennessean / Chas Sisk

FL: Forecast: Hiring to increase in some Orlando industries Orlando Sentinel / Laura Brost

German investor sentiment rebounds FT / Ralph Atkins

Bet The House Forbes / James Grant

Treasurys up a bit as Fed decision looms Marketwatch / Leslie Wines

Exchange-Traded Credit Derivatives Poised to Curb Bank Monopoly Bloomberg / John Glover and Hamish Risk

ISM sees 2007 US factory, service sector growth Reuters

Trade gap sinks to 14-month low CNN / Chris Isidore

Federal Reserve Events Reuters

Tuesday’s Analysis / Marty Chenard

Big-Stock Slump Is Turning Into a Long-Term Thing Bloomberg / Chet Currier

Best Buy Earnings Trail Estimates; Shares Decline Bloomberg / Mark Clothier

KB Home to Restate over Options Reporting / Stephen Taub

Goldman's earnings beat expectations Reuters via CNN

Nasdaq starts bid for London exchange AP via Houston Chronicle / Jane Wardell

OPEC's Daukoru Says `General Support' Exists for Cut Bloomberg / Maher Chmaytelli and Stephen Voss

Fed May Signal Inflation Is Still Greater Threat Than Slowdown Bloomberg / Scott Lanman

'Slight softening' in 1st-qtr US job outlook-Manpower Reuters

Australian Dollar Gains Before Reserve Bank Governor's Speech Bloomberg / Chris Young

Dollar May Strengthen on Speculation Fed to Signal No Rate Cut Bloomberg / Chris Young

Bank of Japan's Headwinds Complicate Recovery Bloomberg / William Pesek

Japan's Producer Price Gains Slow as Oil Costs Ease Bloomberg / Mayumi Otsuma



Canada: Bank of Canada Review Bank of Canada

Subprime subsidence The Economist

Weights and measures The Economist

Democrats say they're inheriting a financial mess McClatchy / James Rosen

The new New York The Economist

Fed Is More Focused on Inflation Than Growth Bloomberg / John M. Berry

Hours and Employment Implications of Search Frictions: Matching Aggregate and Establishment-level Observations Federal Reserve Bank of Kansas City

New Fed Case in Muni Market Looks Like the Old Case Bloomberg / Joe Mysak

Industry Associations Issue Joint Statement Regarding the Communication and Use of Material Nonpublic Information Bond Market Association

Misunderstanding Gold Lew Rockwell / Gary North

Davis takes helm at U.S. Bancorp St. Paul Pioneer Press / Nicole Garrison Sprenger

Canada: Small- and medium-sized business confidence falls slightly in Q4 Ottawa Business Journal

Homeowners on the move to Refi City CNN / Jeanne Sahadi

What's Really Happening in the Economy? Tech Central Station / David R. Henderson

Insider Trading of Derivatives Won't Be `Tolerated' Bloomberg / Shannon D. Harrington

US mortgage delinquencies, foreclosures mount-MBA Reuters

Late Mortgage Payments Jump in Summer AP via Palm Beach Post / Jeanine Aversa

With rates on fixed-rate mortgages low, more borrowers refinance Marketwatch / Andrea Coombes

The Social Function of Call and Put Options Ludwig von Mises Institute Robert P. Murphy

If airline mergers fly, fares could follow CNN / Chris Isidore

The Fed Hedges, Citing Housing Woes Business Week via MSNBC / Michael Wallace

Fidelity's Scurlock to Take Bigger Bets With $28 Billion Fund Bloomberg / David Clarke

Bank of America Sees Barriers to Buying European Bank Bloomberg / Will Edwards

China trade changes doubted Detroit News / Gordon Trowbridge

U.S. Treasuries Decline as Retail Sales Increased Last Month Bloomberg / Elizabeth Stanton and Deborah Finestone

U.S. retail sales send strong signal on growth Reuters / Alister Bull

Business Inventories Rise in October AP via Chicago Tribune

US retail sales signal resilient economy FT / Eoin Callan

Forecast for '07: Just a slowdown Philadelphia Inquirer / Andrew Cassel

Refinance Applications Hit Highest Levels in Over a Year Mortgage Bankers Association

FL: Despite housing glut, sales near record Orlando Sentinel / Jerry W. Jackson

CA: Housing still up in some areas LA Times / Annette Haddad

Oil gains as crude supplies plummet CNN

Fund managers must innovate to lure new money-study Reuters

Fannie Mae sues auditor KPMG Bloomberg via Newsday

Dividends bubble, but many firms keeping cork on Chicago Tribune / Bill Barnhart

United in merger talks with Continental $ FT / Doug Cameron and James Politi

Bernanke, Seeing `Mixed' Economy, Edges Away From Higher Rates Bloomberg / Scott Lanman

Fed warns of hike, but interest rate stays at 5.25% London Times / Gerard Baker

An Upbeat Fed Holds Interest Rates Steady Washington Post / Nell Henderson

Be Wary Of Bid-Rigging, Players Warn Bond Buyer / Matthew Hanson

The Long and Short of It Bond Buyer / Christine Albano

Retail Sales in U.S. Probably Rose as Discounts Lured Buyers Bloomberg / Joe Richter

World Bank Says Global GDP May Double by 2030, Easing Poverty Bloomberg / William McQuillen

China's Industrial Output Growth Holds Close to Two-Year Low Bloomberg / Nipa Piboontanasawat

Visions of Bonus Heaven in Goldman Sachs Profit NY Times / Jenny Anderson

MA: Mayor aims to sell city hall, move to waterfront Boston Herald / Scott Van Voorhis

The Fed Leaves Short-Term Rates Alone NY Times / Jeremy W. Peters

What Money Doesn’t Buy in Health Care NY Times / David Leonhardt


Crash alert Daily Reckoning via Fiend’s SuperBear Page / Bill Bonner

From Globalization to Localization Morgan Stanley / Stephen Roach

December 2006 : Empire State Manufacturing Survey pdf Federal Reserve Bank of New York

CA: Prices countywide undergo biggest year-over-year drop on record San Diego Union Tribune / Roger M. Showley

Lehman, Bear Safer Than Wachovia, HSBC, Bonds Show Bloomberg / Mark Pittman

Morgan Stanley Awards Chief Mack $40 Million Bonus Bloomberg / Christine Harper

China and U.S. clash at trade talks IHT / Steven R. Weisman

Inflation to look stubborn in November Marketwatch / Greg Robb

Housing, auto slumps may defy usual role as recession harbingers Wall Street Journal via Pittsburgh Post Gazette / Greg Ip and Christopher Conkey

Real estate expected to flounder in 2007 AP via Beuaofrt Gazette / Rachel Konrad

Investment Banks Post Record 2006 Profit AP via Forbes / Joe Bel Bruno

Profits strong, but 2007 may challenge brokers Marketwatch / Greg Morcroft

Agencies Announce Interim Decision on Impact of FAS 158 on Regulatory Capital Federal Reserve Board

Minneapolis Fed Forecasts Moderate Growth in The Ninth District Economy for 2007 Federal Reserve Bank of Minneapolis

Dow Hits Record Close / Mark Glassman

Dow ends above 12,400 on profit reports AP via Akron Beacon Journal / Madlen Read

Devaluing dollar $ FT / John Authers

Municipal Bond Probe May Spur Damage Claims, Legal Experts Say Bloomberg / James Rowley

Harvard's El-Erian Trims Bonds, Adds Staff to Revive Endowment Bloomberg / Matthew Keenan

Real estate fraud rises in US Christian Science Monitor / Patrik Jonsson

Rates hover near yearly low Marketwatch / Steve Kerch

Small Brokers Cry For Help Forbes / Liz Moyer

Buyers In Control In Midday Trade Investors Business Daily / Vincent Mao

Dow surges to new record CNN

Exchange Rate Tops Paulson's Agenda Washington Post / Lori Montgomery and Ariana Eunjung Cha

Federal Reserve Events Reuters

U.S. November Import Prices Rise 0.2%; Up 0.7% Excluding Oil Bloomberg / Bob Willis

U.S. jobless claims fell 20,000 in latest week Reuters

Oil Rises as OPEC Agrees to Cut 500,000 Barrels From Feb. 1 Bloomberg / Eduard Gismatullin

Testing the new year's metal Marketwatch / Peter Brimelow

CA: Regional home prices grow at sluggish pace La Times / Annette Haddad

SC: Foreclosure rate in S.C. 8th highest in nation The State / Jim DuPlessis

Bogus Bonuses Forbes / Hannah Clark

Lehman Fourth-Quarter Net Rises 22% on Trading Gains Bloomberg / Yalman Onaran

Thursday’s Analysis / Marty Chenard

Fannie Correction: 'What If?' Washington Post / David S. Hilzenrath

Bosses Sell Out, Get Millions and Keep Their Jobs Bloomberg / Bob Willis

Stock options exercised by Hewlett-Packard CEO draw fire AP via South Florida Sun Sentinel / Jordan Robertson

Bankers Report More Mortgages Being Paid Late or Not at All NY Times / Jeremy W. Peters

High-Cost Mortgages Putting Many Homeowners at Risk Washington Post / Kirstin Downey

A County in California Allows Merrill to Come Back NY Times / Peter Edmonston

China pledges further economic opening FT / Krishna Guha

The Lonely, Lonely Life of a Wealthy UBS Client Bloomberg / Mark Gilbert

OPEC May Tighten Compliance, Delay Any Production Cut Bloomberg / Stephen Voss and Andy Critchlow

Swiss Central Bank Raises Rates for the Fifth Time in a Year Bloomberg / Simone Meier


The Fed's Bogeyman Slinks Away Investors Business Daily

S.A. money manager talks hedge funds — and strategy San Antonio Express Courier / Aïssatou Sidimé

The disarming banker FT / Ben White and David Wighton

Battle for global financial supremacy FT / John Authers

AOL Executives to Leave in Shake-Up, Person Says Bloomberg / Cecile Daurat

Dow Ends Up 29 on Tame Inflation Data AP via Newsday / Tim Paradis

Frenzy has begun for US presidential hopefuls FT / Edward Luce

Car leasing makes a comeback CNN

Morgan Stanley CEO gets $40M 2006 bonus AP via Houston Chronicle / Joe Bel Bruno

Ben and Hank's Not So Excellent Adventure Euro Pacific via Safehaven / Peter Schiff

Fed Seems To Be Winning Inflation Battle Forbes / R.M. Schneiderman

All the Data Point to More Rate Hikes for Next Year / Donald Luskin

Is it a brains or a bull market? Marketwatch / Herb Greenberg

Wall St Week Ahead-Stocks wait for PPI, mergers and Santa Reuters / Ellis Mnyandu

Auditing Reform: Mission Accomplished! Washington Post / Steven Pearlstein

Festivus Flow-of-Funds Stocking Stuffers Northern Trust via Safehaven / Paul Kasriel

Expansion, Year Six National Review / Greg Kaza

Report: Federal deficit would be higher AP via Beaufort Gazette / Martnin Crutsinger

Removing The Punchbowl Forbes / Jessica Holzer

It’s good to talk The Economist

CA: Slippery slope for area home sales Contra Costa Times

Stock Pull Back In Early Afternoon Trade Investors Business Daily / Vincent Mao

Industrial Production and Capacity Utilization Federal Reserve Board

Pentagon Request of $99.7 Billion More for War Would Set Record Bloomberg / Tony Capaccio

Managers See Cause For Slower Growth Investors Business Daily / David Saito-Chung

Inflation is dead ... for now CNN / Chris Isidore

US Oct net capital inflows rise to $62.2 billion Reuters / Gertrude Chavez-Dreyfuss

US economy gauge at record high in Dec 8 week-ECRI Reuters

Friday’s Analysis / Marty Chenard

The backdating ripple effect continues at major tech companies / Stephen Taub

Gold futures fall, ready to extend recent weakness Marketwatch / Myra P. Saefong

Odds of an interest rate cut double after CPI Marketwatch / Tomi Kilgore

US inflation drop eases pressure on Fed FT / Eoin Callan and Michael MacKenzie

Bernanke calls for renminbi revaluation FT / Krishna Guha

Bernanke in China $ FT / Lex

Bernanke gently prods China to free more markets Marketwatch / Greg Robb

Treasuries Rise Most Since September After Prices are Unchanged Bloomberg / Deborah Finestone

Fannie Mae Yields Fall as Congress Plans New Rules Bloomberg / Jody Shenn

Say This About the Rich -- They Love Tax-Free Bonds Bloomberg / Joe Mysak

Dodge & Cox Fund Stands Back From Bond Stampede Bloomberg / Chet Currier

Trust Me, Ben, If Mervyn Can Do It, So Can You Bloomberg / Caroline Baum

The Chinese Economy: Progress and Challenges Federal Reserve Board / Ben S. Bernanke

Bernanke drops 'subsidy' language Reuters via CNN

Dow climbs further into record territory CNN

Consumer Prices in U.S. Were Unchanged Last Month Bloomberg / Joe Richter

U.S. Nov industrial output rose 0.2 pct Reuters

Oil extends rise above $62 a barrel AP via Houston Chronicle

TX: Foreclosures hold steady Dallas Morning News / Steve Brown

Fund managers find it hard to stay at the top Chicago Tribune / Gail MarksJarvis

Global interest rates Reuters

China Will Make Currency More Flexible, Paulson Says Bloomberg / Kevin Carmichael

Bush May Use Vetoes to Reclaim Republicans' Fiscal Reputation Bloomberg / Brendan Murray

Bernanke gently prods China to free more markets Marketwatch / Greg Robb

Short-term lease on life Marketwatch / Mark Hulbert

Retail’s Reservations: Buyers Likely to Stay Short as ’07 Kicks Off Bond Buyer / Christine Albano

At Chrysler Now, the Fast Track Runs Downhill NY Times / Micheline Maynard

Japan's Business Confidence Rises to a Two-Year High Bloomberg / Lily Nonomiya

Asian Central Banks May Spook Investors in 2007 Bloomberg / Andy Mukherjee