Bondhead News Archive

August 01 – August 15

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ECB and Bank of England decide on rates AP via Houston Chronicle / Matt Moore

Putting Home Sellers on the Couch: The Psychology of why Sellers Refuse to Lower Prices Dr. Housing Bubble via Market Oracle

Marathon to pay $1 million to settle trading case Houston Chronicle / Tom Fowler

Corporate bond market stabilizes after recent rout Marketwatch / Leslie Wines

Debt-market turbulence could spoil the stock buyback boom AP via Northwest Indiana Times / Rachel Beck

Price Drives the Market, Not Opinions Minyanville / Jeffrey Cooper

Analysts, executives stay cozy, study finds AP via MSNBC

The million-dollar waitress Business Week via MSNBC / Tim Catts

'Fire-safe' cigarette laws spread quickly / Chris Hamby

Asian stocks seen higher after Wall Street rally Marketwatch / Moming Zhou

Manager taps small-cap leaders with steady growth Marketwatch / Murray Coleman

Volatility is back and US options traders love it Reuters / Doris Frankel

11th hour rally on Wall Street CNN / Jessica Dickler

Disney reports higher earnings, buys virtual world Marketwatch / Russ Britt

Import auto sales top Big Three CNN / Chris Isidore

Dow Jones sale a sign of dynasties' decline LA Times / Joseph Menn and Thomas S. Mulligan

Dell Plans to Trade `Cheap' PC Image for Cool One Bloomberg / Connie Guglielmo

US Congress eyes fix for crumbling infrastructure Reuters

Manufacturing sector expansion slowing AP via Houston Chronicle / Ellen Simon

Junk bonds headed for yearly loss after tough July Reuters / Dena Aubin

Wall of worry' slams investment banks' stocks USA Today / Greg Farrell

Listening for a misfire The Economist

Credit Market's Weight Puts Economy on Shaky Ground Washington Post / Steven Pearlstein

Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage Bankers Association

Beazer Plunges On Rumors Forbes / Joshua Lipton

Ford, Chrysler sales plunge CNN

U.S. stocks losing grip on gains Marketwatch / Kate Gibson

Qwest doubles profit on flat revenue Denver Business Journal / Bob Moos

ADP Employer Services Says U.S. Added 48,000 Jobs Bloomberg / Shobhana Chandra

Commodities fall amid credit worries AP via Beaufort Gazette / Lauren Villagran

Gold futures poised for first loss in three sessions Marketwatch / Myra P. Saefong and Polya Lesova

EU: Rich man, poor woman The Economist

Home sales may pick up CNN / Chris Isidore

U.S. Economy: Manufacturing Expands, Export Orders Increase Bloomberg / Bob Willis and Courtney Schlisserman

ISM factory index moderates in July Marketwatch / Greg Robb

Stocks on rollercoaster ride CNN / Jessica Dickler

Steady profit gains for Qwest Denver Post / Andy Vuong

Dow Jones deal extends Murdoch's global reach LA Times / Joseph Menn, James Bates and Thomas S. Mulligan

DaimlerChrysler posts 9.1% decline in July U.S. sales Marketwatch / Shawn Langlois

Subprime Defaults Blamed for Corporate America Earning Setbacks Forbes / Daniel Taub and Nick Baker

Treasurys off slightly, tracking data, other markets Marketwatch / Leslie Wines

Fear Replaces Greed In The Credit Markets Forbes / Bob Lenzner

Bond Risk Soars as Bear Stearns Blocks Exit From Third Fund Bloomberg / Hamish Risk

Central Bankers Won't Jettison `Greenspan Put' Bloomberg / Matthew Lynn

Harvard Fails Hedge Funds 101, Loses $250M NY Post / Roddy Boyd

Another Fund On The Ropes NY Post / Roddy Boyd

Crude touches record level, then retreats Marketwatch / Myra P. Saefong

Crude climbs to record on supply worries Bloomberg via LA Times

Campaigns Hunt Votes Among `Anxious Xers,' `Angry Independents' Bloomberg / Catherine Dodge

Subprime Defaults Blamed for Corporate America Earning Setbacks Bloomberg / Daniel Taub and Nick Baker

Hedge funds cash in on ABN uncertainty Telegraph / Katherine Griffiths

This Time, Bill to Raise Yuan Might Pass Washington Post / Peter S. Goodman

Asian markets tumble on Wall Street's decline Marketwatch / V. Phani Kumar

Time to sell is when news is all good Marketwatch / Mark Hulbert

Gotcha: Murdoch wins Dow Jones Independent / Stephen Foley

U.S. 10-Year Yields Near Lowest Since May on Demand for Safety Bloomberg / Wes Goodman

Lawyers: No Patents for Tax Advice Bond Buyer / Alison L. McConnell

Ford and G.M. Expect a July Sales Drop NY Times / Micheline Maynard

Congressional lobby reform aims at disclosure Christian Science Monitor / Gail Russell Chaddock

Yen Extends Gains Against Euro, Dollar on Renewed Credit Risk Bloomberg / Min Zeng


The Post-Bear Bust Environment Forbes / A. Gary Shilling

As oil prices increase, the cost to find it is up as well Houston Chronicle / Kristen Hays

Subprime blues sound familiar FT / Desmond Lachman

Parts of secondary mortgage market freeze up Marketwatch / Alistair Barr

Financial Market Frictions Federal Reserve Bank of Atlanta / Ramon P. DeGennaro and Cesare Robotti

Fed’s priority $ FT / John Authers

U.S. highway system badly in need of repair MSNBC / John W. Schoen

2007 Car and Truck Sales - Perhaps Detroit Would Welcome A Strike? Northern Trust via Safehaven / Paul Kasriel

Another Late Rally Lifts Stocks / Mark Glassman

Funds That Pay for Performance / Rob Wherry

Treasury bonds rise AP via Houston Chronicle

Dollar rises vs. yen on firmer equities Marketwatch / Wanfeng Zhou

Oil price 'threatens US economy' BBC News

Wall Street pulls off another winner CNN / David Ellis

Stocks close up again; profits outshine credit woes Marketwatch / Kate Gibson

Unilever unveils 20,000 job cuts BBC News

Most Affordable U.S. Real Estate Markets Forbes / Matt Woolsey

Mortgage rates ease for second straight week CNN

Tighter credit conditions are just what the markets need The Economist

Investors sail into a credit storm amid worries about the debt markets The Economist

10-Year Yields Hold Near Lowest Since May as Company Risk Falls Bloomberg / Daniel Kruger and Elizabeth Stanton

Fidelity Inflation Bond Fund Punished by Subprime Loan Losses Bloomberg / Elizabeth Stanton

Fed Rate Hikes? Not Now, Thanks Investors Business Daily

Crude prices climb, revisiting the $77-a-barrel mark Marketwatch / Myra P. Saefong

Boom to Bust Lew Rockwell / Charley Reese

U.S. weekly jobless claims edge back up Marketwatch / Robert Schroeder

Fed Fund Interest Rate Futures and Other Financial Market Signals Golden Jackass via Market Oracle / Jim Willie CB

The housing slump: How deep is the pain? CNN / Les Christie

Overhauling the old jalopy The Economist

Thursday’s Analysis / Marty Chenard

Major Indexes Get Boost From Positive Earnings Investors Business Daily / Christina Wise

Wall Street rises on earnings, jobs data AP via Beaufort Gazette / Madlen Read

Nokia's Profit Doubles on Sales Growth; Stock Surges Bloomberg / Juho Erkheikki

Murdoch's winning bid may have been an inside job Marketwatch / David Weidner

Investigating Alaska The Economist

NV: Sales drop biggest since 2001 Las Vegas Review Journal

Faster Fed action on subprime may have helped-nominee Reuters

Fed focus on inflation despite risks to econ-report Reuters

Fed nominees pledge to protect consumers Marketwatch / Greg Robb

Fed's Kroszner-Fed has role in buffering shocks Reuters / Mark Felsenthal

Real US economy unhurt by subprime-Fed's Kroszner Reuters

Renomination to the Board Federal Reserve Board / Randall S. Kroszner

Federal Reserve Initiatives to Support Minority-Owned Institutions and Expand Consumer Protection Federal Reserve Board / Randall S. Kroszner

Treasurys sit on flat line as momentum fades Marketwatch / Leslie Wines

Jobless Claims Up, but Labor Market OK AP via Orlando Sentinel / Jeannine Aversa

U.S. June Factory Orders Rise Less Than Forecast Bloomberg / Courtney Schlisserman

US 30-year, 15-year mortgages-table Reuters

Paulson's Tax Reform Time Running Out Forbes / Oxford Analytica

Stocks Edge Up in Early Trading AP via LA Times / Madlen Read

Crude Traders Pump Oil Toward $100 Level NY Post / Paul Tharp

Bottom Feeding Forbes / Liz Moyer

Credit Suisse Net Climbs 48% on Higher Trading, Fees Bloomberg / Jacob Greber

ECB, Bank of England hold rates steady AP via Houston Chronicle / Matt Moore

How Much Would Banks Be Willing to Pay to Become "Too-Big-to-Fail" and to Capture Other Benefits? pdf Federal Reserve Bank of Kansas City / Elijah Brewer III and Julapa Jagtiani

U.S. Treasuries Rise as Subprime Losses Spread to Hedge Funds Bloomberg / Wes Goodman

Wake up and smell the oil Taipei Times

Lazard Posts 2.2% Profit Decline NY Times / Michael J. de la Merced

Markets in grip of sub-prime confusion Telegraph / David Litterick

Strategist warns investors about choosing when to get in, and out, of stock market Pittsburgh Post Gazette / Anya Sostek

How powerful is Rupert Murdoch now? Christian Science Monitor / Ron Scherer

The Side Deal in the Deal for Dow Jones NY Times / Andrew Ross Sorkin and Richard Perez Pena

Democratic mid-term gains affecting policy / Louis Jacobson

UK: Soaring output prices fuel inflation fears Telegraph / Josephine Moulds

ECB, Bank of England Mull Rate Decisions Washington Post / Matt Moore

At least 7 die in Minneapolis bridge collapse Marketwatch / John Letzing and Alan Doyle

Airlines face pilot shortage Christian Science Monitor / Alexandra Marks


Bridging a gap in revenue AP via St. Paul Pioneer Press / Dan Caterinicchia

Democrats take home few victories McClatchy / Margaret Talev

Mortgage crisis may prompt Fed to cut rates Marketwatch / Alistair Barr

US Employment Numbers Don't Look Good The Practical Investor via Market Oracle / Anthony Cherniawski

Wells Fargo, Rivals Cut Lending Amid `Credit Crunch' Bloomberg / Kathleen M. Howley and Jody Shenn

Wells Fargo drops type of risky loan Contra Costa Times / George Avalos

Stocks close with heavy losses after Bear call Marketwatch / Kate Gibson

Study finds lax computer security by IRS employees AP via LA Times / Jim Abrams

It's the Fundamentals Stupid Euro Pacific via Safehaven / Peter Schiff

Inflation; Rotten to the Core Safehaven / Paul Mladjenovic

Congress Must Avoid Usual Suspects in Muniland Quiz Bloomberg / Joe Mysak

Stocks plunge on worrisome credit conditions Chicago Tribune / Bill Barnhart

Another devastating decline for the Dow CNN / David Ellis

Chrysler taken over by private equity firm AP via Houston Chronicle / Dee-Ann Durbin

Bear CFO: Bond turmoil 'extreme' Reuters via CNN

Oil tumbles below $76 on U.S. economic data Reuters

Bush threatens to veto energy bills Houston Chronicle / David Ivanovich

Anticipating an Early Recovery in Risk-Taking Morgan Stanley / Stephen Jen

Gold rush under the ice The Economist

Crude tumbles near $76 on profit taking Reuters via CNN

So far unscathed, are commodities next to fall? Globe and Mail / David Parkinson

Revising History: Implications Morgan Stanley / Richard Berner

ISM services moves lower in July Marketwatch / Greg Robb

Jobs Data Tame Bulls / Mark Glassman

Friday’s Analysis / Marty Chenard

Toyota's Quarterly Profit Up 32 Percent AP via LA Times / Yuri Kageyama

Despite Volatility, Stocks Are a Good Deal / Donald Luskin

GE's $2 Billion Bond Sale May End Game of `Chicken' Bloomberg / Caroline Salas and Fabio Alves

Treasuries Rise as Jobs, Services Data Add to Bets on Slowdown Bloomberg / Daniel Kruger and Elizabeth Stanton

Bridge collapse points to national problem / Eric Kelderman

Indian call center lands in Ohio Fortune via CNN / Jia Lynn Yang

Mass. bankruptcy surge: Housing woes cited Boston Herald Jay Fitzgerald

FL: Bay area tourism glass is half full St. Petersburg Times / James Thorner

Hacking Capitalism Forbes / Andy Greenberg

NV: HOUSING MARKET: LV homes head to auction block Las Vegas Review Journal

Mortgage Lenders Revise Policies, Raise Rates Bloomberg via Washington Post / Jody Shenn and Bradley Keoun

Japan: The Subprime Issue, Yen and Monetary Policy Morgan Stanley / Takehiro Sato

Two-Year Notes Rise as Job Growth Slows, Highlighting Economy Bloomberg / Daniel Kruger and Elizabeth Stanton

Bear Stearns outlook revised to negative at S&P Marketwatch / Alistair Barr

Indexes fall further after services data Reuters

Dollar suffers setback from weak US labour market report AFX via Forbes

Gold futures edge higher after jobs report Marketwatch / Polya Lesova

U.S. Economy: Job Gains Slow as Builders Cut Workers Bloomberg / Shobhana Chandra

Job growth weaker CNN

The Beazer Factor / Stephen Taub

TX: Dallas-area mansions still selling well Houston Chronicle / Steve Brown

Will the Real U.S. Trade Balance Please Rise Bloomberg / Michael R. Sesit

Credit Brothel Raided, Even Piano Player Not Safe Bloomberg / Mark Gilbert

U.S. Housing Is one of History's `Biggest Bubbles,' Rogers Says Bloomberg / Chen Shiyin and Pimm Fox

Wall Street's Lucrative Tax Break Is Under Fire Washington Post / Jeffrey H. Birnbaum and Lori Montgomery

I-Deal Injunction Temporarily Stayed Bond Buyer / Lynn Hume

Mortgage Lender Says It Will Close NY Times / Eric Dash

MN: Federal, State Officials Respond to Collapse Bond Buyer / Yvette Shields and Humberto Sanchez

Hedge Funds Are Not Profiting From Market’s Current Volatility NY Times / Jenny Anderson

Russia: Oil Output Hits New Record Reuters via Moscow Times

Fidelity Says U.S., Asia High-Yield Funds Have No Subprime Debt Bloomberg / Patricia Kuo

Barclays will win ABN battle 'on our own wits' Telegraph / Philip Aldrick

South Korea's Kwon Says Carry Trades a Market Threat Bloomberg / Kim Kyoungwha

Yen Heads for Weekly Loss as Demand for Riskier Assets Returns Bloomberg / Ron Harui and David McIntyre

Asia: When Acronymitis Gets in the Way of Economics William Pesek Bloomberg / William Pesek



Not all that glitters is good Denver Post / Al Lewis

FL: Real estate recovery hopes fizzle with rise of mortgages in default South Florida Sun Sentinel / Paul Oers

Bush Views Bridge Wreckage as Officials Seek a Cause Bloomberg / Demian McLean

House OKs New Oil Company Taxes AP via Washington Post / H. Josef Hebert

U.S. House Approves Pelosi's Energy Independence Plan Bloomberg / Daniel Whitten

Hedge funds are the new kingmakers of M&A Telegraph / Sylvia Pfiefer

DC: Once More, With Savings Washington Post / Allan Lengel

Investors are nervous. Who can blame them? Globe and Mail / Brian Milner

Credit crunch squeezes stocks Washington Times / Patrice Hill

Treasuries Rise on Flight From Risk Before Fed Meeting on Rates Bloomberg / Elizabeth Stanton

Bear Stearns to Oust Bond Chief Spector, Journal Says Bloomberg / Michele Batchelor and Stuart Biggs

Back-to-school spending could be a retail bust Marketwatch / Jennifer Waters

CA: Commercial loans see few foreclosures Contra Costa Times / Katherine Conrad

Analyst Rips Time Warner NY Post / Peter Lauria

U.S. stocks to fall further next week on credit woes Marketwatch / Nick Godt

Volatility Delivers Wake-Up Call to Financial Sphere Market Oracle / Joseph Russo

U.S. Stocks Tumble a Third Week on Lending Crisis; Bear Falls Bloomberg / Nick Baker

FL: Bring more money if you visit Disney Orlando Sentinel / Scott Powers

Pound Has Weekly Gain Against Yen as Carry Trades Resume Bloomberg / Agnes Lovasz

Dollar Falls Versus Yen, Euro on Outlook for Interest Rates Bloomberg / Kim-Mai Cutler

When It Hits the Fan Lew Rockwell / Doug French

Bulging Profits in U.S. Often Originate Overseas NY Times / Floyd Norris

Stock Market Cycles NY Times / Paul B. Brown

Berkshire Hathaway’s Income Is Paced by Gains in Insurance AP via NY Times

BSX rating hits junk-bond level AP via Boston Herald


Boom time for suspicious trades FT / Victoria Kim and Brooke Masters

Wall Street Awaits Fed Rate Decision AP via Forbes / Madlen Read

Fed to weigh hit of credit crunch Reuters / Mark Felsenthal

What’s a Fed Chairman to Do? NY Times / Alex Berenson

Newly minted fund targets companies that cater to the rich Marketwatch / John Spence

China stocks could take a breather Marketwatch / Paul Waide

Richard Russell's still going strong at 83 Marketwatch / Peter Brimelow

Democrats target millionaires' tax break Washington Post via Dallas Fort Worth star Telegram / Jeffrey H. Birnbaum and Lori Montgomery

Treasuries Post Best Returns Since 2002 as Investors Shun Risk Bloomberg / Deborah Finestone

You still have time to contemplate a strategy LA Times / Tom Petruno

As prices sway, volatility spikes Pittsburgh Tribune Review / Gregory M. Drahuschak

Hedge funds' games no fun for other investors AP via Modesto Bee / Joe Bel Bruno

Averaging takes away market fear AP via Modesto Bee / Tim Paradis

Subprime housing mess oozes into our economy Pittsburgh Tribune Review / Jack Markowitz Jack Markowitz

Subprime debtors few, but expose growing risk Philadelphia Inquirer / Harold Brubaker

Farm workforce shrivels Chicago Tribune / Stephen Franklin

Trade-off in cuba: U.S. could profit, but so could Castro's regime Bradenton Journal / Brian Neil

U.S. House Passes Defense Spending Bill Without Iraq Provisions Bloomberg / Nicholas Johnston

CA: Benchmarks: What we spend LA Times

Will Fed overhaul statement in light of credit woes? Marketwatch / Greg Robb

The Search for Nuance From the Fed NY Times / Conrad De Aenlle

Feel like this summer's costing you more? It is Palm Beach Post / J. Christina Huh

After a Lull, Signs of a Bump in Bankruptcies NY Times / Phyllis Korkki

Investor’s Calendar Wall Street Journal

Western states went exotic with mortgages Marketwatch / Laura Mandaro

No Money Down Disappearing as Mortgage Option Washington Post / Dina ElBoghdady

Earthshaking deal may leave cracks on Wall St Guardian – Observer / Peter Preston

The Return of the Multitaskers (a k a Conglomerates) NY Times / William J. Holsten

Where's the Port in This Rough Market? Wall Street Journal / Gregory Zuckerman

When It Comes to Rebalancing, a Little Means a Lot US News and World Report via NY Times / Paul J. Lim

GE buying spree fails to lift stock London Times / Grant Ringshaw

Microsoft Sees Growth, But Costs Worry Investors Wall Street Journal / Eric J. Savitz

Markets in crisis: will it get worse? Guardian – Observer / Heather Stewart

How Murdoch stalked Dow London Times / Ben Laurance

Explaining the Alternative Minimum Tax Wall Street Journal / Tom Herman

IRS Gets Tough on 'Rollover' Time Limits Wall Street Journal / Glenn Ruffenach

PA: A lifetime of saving evaporates with bank's collapse Pittsburgh Post Gazette / Dan Fitzpatrick

Oil gush will be hard to cap Guardian via Taipei Times / Nils Pratley

They’re All No. 1, but Are They Worth It? NY Times / Andrew Ross Sorkin

Only one real way to reform mutual-fund marketing fees Marketwatch / Chuck Jaffe

Indexing and ETFs Funds to Garner More 'Megacap' Exposure Wall Street Journal / Eleanor Laise

RBS waits on crucial vote London Times / Louise Armitstead

PA: Too many towns spoil the economy Pittsburgh Post Gazette / Harold D. Miller

In Silicon Valley, Millionaires Who Don’t Feel Rich NY Times / Gary Rivlin

UK: Inflation set to rise in aftermath of floods Guardian – Observer / Heather Stewart

UK: Bank to signal need for one more rate rise London Times / David Smith


Bad News Bear Forbes / Liz Moyer

Crude plunges by more than $3 a barrel AP via Houston Chronicle

It's Time to Be Bullish on Foreign Exchange / Jonathan Hoenig

The Employment Problem Safehaven / David Yu

Dow jumps 286 points to its best day since 2003 Marketwatch / Nick Godt and Leslie Wines

U.S. Stocks Rally After Three Weeks of Losses; Citigroup Gains Bloomberg / Michael Patterson

Crisis? What Crisis? Forbes / Ruthie Ackerman

Dow Recovers Friday Loss / Mark Glassman

Treasury 10-Year Note Drops Most Since July as Stocks Rally Bloomberg / Deborah Finestone

Treasury bond prices end lower AP via Houston Chronicle

ASF and SIFMA Urge Fed to Accelerate Development of Uniform Mortgage Disclosures SIFMA

Fed's Dilemma: US Dollar or US Consumer Safehaven / Boris Sobolev

Fed's Bernanke faces first major market test MSNBC / John W. Schoen

Fed highly unlikely to ride to markets' rescue Marketwatch / Greg Robb

Fannie Mae Asks Regulator to Ease Portfolio Limits Bloomberg / Jody Shenn and James Tyson

CA: Two O.C. appraisers indicted in flipping scam Orange County Register

What the Fed is considering at its meeting Reuters

CA: Home sellers not the only ones in pain Sacramento Bee / Dale Kasler

CA: Foreclosure auctions attract few bids Contra Costa Times / Eve Mitchell

Zero-down mortgage? Big lenders saying no Washington Post via Seattle Times / Dina ElBoghdady

American Home Mortgage scene: 'Like someone died' Newsday / Caroline Ruse

Mortgage Maze May Increase Foreclosures NY Times / Gretchen Morgenson

Rescue scams target troubled homeowners Dallas Morning News / Pamela Yip

Monday’s Analysis / Marty Chenard

United States Day of Reckoning! Market Oracle / Martin Weiss

Are stock buybacks in peril? AP via Cincinnati Enquirer / Rachel Beck

Bond Risk Jumps at U.S. Financial Companies, Credit Swaps Show Bloomberg / Shannon D. Harrington

TREASURIES-Prices fall as rising stocks erase safety bid Reuters / John Parry

Treasuries Decline on Reduced Concern Over Housing Weakness Bloomberg / Deborah Finestone

Struggle over ABN Amro heats up Detroit Free Press / Alejandro Bodipo-Memba

Fed to meet amid housing, credit worries AP via Houston Chronicle / Jeannine Aversa

Far-ranging The Economist

Stocks bounce on bargain-hunting Reuters

Bulls find some reassurance CNN / David Ellis

Stocks Rise After Friday's Plunge AP via South Florida Sun Sentinel / Tim Paradis

Non-Subprime Default Rates Will Jump in Next Year, Analyst Says Bloomberg / Jody Shenn

Focusing on Jobs Lost to Trade Is Big Mistake Bondheads / John M. Berry

Chicken-and-Egg Economics Shows Serious Cracks Bloomberg / Caroline Baum

Commodity prices sag on economic worries AP via Houston Chronicle / Lauren Villagran

Oil Falls on Concern U.S. Economy Will Slow, Reducing Demand Bloomberg / Robert Tuttle

A Modest Proposal to Revolutionize Oil Market Bloomberg / Kevin Hassett

Treasury bonds slip AP via Houston Chronicle

Congress Must Avoid Usual Suspects in Muniland Quiz Bloomberg / Joe Mysak

Treasuries Post Best Returns Since 2002; Risk Shunned Bloomberg / Deborah Finestone

New Asian Contagion Risk -- This Time From U.S. Bloomberg / William Pesek

Bernanke May Alter Rhetoric, Not Rates After Market Turmoil Bloomberg / Rich Miller

Fed expected to keep rates level AFP via Taipei Times

Signs of faltering US economy surface Christian Science Monitor / Ron Scherer

Stock market crisis deepens Telegraph / David Litterick

Turbulent markets still allow for a summer break Telegraph / Roger Bootle

Dollar Falls to Four-Month Low Against Yen on Growth Concerns Bloomberg / David McIntyre and Stanley White

Crude Oil Falls a Second Day on Weak U.S. Equities, Jobs Growth Bloomberg / Gavin Evans

Congress scrambles to show voters results Christian Science Monitor / Gail Russell Chaddock



Hedge-fund investors can get out during the lock-up period, but should they? Marketwatch / Thomas Kostigen

Some Advice For Ben Bernanke on the State of the US Economy Market Oracle / Mike Paulenoff

Fed dismisses calls for interest rate cut to calm credit market turmoil Independent / Stephen Foley

The Secret World of Central Banks BullNotBull via Safehaven / M.A. Nystrom

Credit Report Lifts Stocks / Mark Glassman

Consumer Credit Up in June AP via Baltimore Examiner / Martin Crutsinger

Mortgage sector faces further tightening FT / David Wighton, Saskia Scholtes and Michael Mackenzie

WA: Housing prices defy logic, keep climbing Seattle Times / Elizabeth Rhodes

Wall Street extends rally after Fed AP via South Florida Sun Sentinel / Joe Bel Bruno

Cisco earnings beat expectations CNN

Treasuries Fall as Federal Reserve Says Inflation Main Threat Bloomberg / Elizabeth Stanton and Deborah Finestone

Moody's Reorganizes, Separates Ratings From Marketing Bloomberg / Christine Richard and Mark Pittman

Dollar up after Fed rate decision AP via Houston Chronicle / Jackie Farwell

FOMC $ FT / John Authers

Rates steady, statement soothes CNN / Paul R. La Monica

Fed fails to signal interest rate cut FT / Eoin Callan and John Authers

Market fears must not drive the Fed FT

Despite data, Fed leaves rates steady AP via Houston chronicle / Jeannine Aversa

Oil up as refinery problems stem crude's slide Reuters / Richard Valdmanis

Why oil won't hit $100 CNN / Steve Hargreaves

FOMC Statement Federal Reserve Board

Fed says inflation main worry, but cites risks Reuters / Mark Felsenthal

Fed keeps rates steady CNN

Fed Keeps Rate at 5.25%; Inflation Is Main Concern Bloomberg / Scott Lanman

U.S. mortgage bond prepayments decrease in July Reuters / Julie Haviv

Looking for a star turn The Economist

Tuesday’s Analysis / Marty Chenard

Work smart The Economist

Big-ticket mortgage rates rise CNN / Les Christie

Labor costs, Fed jitters push shares lower Reuters / Ellis Mnyandu

A Volatile Market Turns to Bernanke NY Times / Mike Nizza

Decision day for the Fed Marketwatch / Greg Robb

In a crisis, US Fed turns to jelly Sydney Morning Herald / Stephen Bartholomeusz

Volume Closing in On Record Bond Buyer / Matthew Posner and Dakin Campbell

This credit crunch is largely self-induced Marketwatch / Dr. Irwin Kellner

Quiet, please, Mr. Bernanke, Mr. Chambers is talking Marketwatch / John Shinal

Get used to high volatility Marketwatch / Mark Hulbert

LBO frenzy fueled credit crunch, S&P says Marketwatch / David Weidner

Energy Futures Pause After Plunge AP via Washington Post / John Wilen

Crude drops on technical selling, economic concerns Marketwatch / Polya Lesova

China drinks its milk BBC News / Finlo Rohrer

Gold edges lower as dollar steadies ahead of Fed meeting AFX via CNN

Quantifying the Exorbitant Privilege Pimco / Richard H. Clarida

Bondholders Punish Tyco, Kimberly for Buybacks, LBOs Bloomberg / Bryan Keogh

Bible School Lawsuit Tells Typical, Sad Swaps Tale Bloomberg / Joe Mysak

High-Grade Corporate Bond Market Slows AP via Forbes

Once again, Bernanke's on the spot Chicago Tribune / Bill Barnhart

Wake up time for the Fed? CNN / Paul R. La Monica

Fed Expected to Leave Rates Unchanged AP via Forbes / Martin Crutsinger

Blame Greenspan Forbes / Martin T. Sosnoff

U.S. Stocks Retreat on Data Showing Increase in Labor Costs Bloomberg / Michael Patterson

Why the private equity bubble is bursting Fortune via CNN / Shawn Tully

U.S. Economy: Worker Productivity Increased Less Than Forecast Bloomberg / Shobhana Chandra

Dollar up before key Fed meeting AP via Houston Chronicle

TX: Mortgage problems hit Houston market Houston Chronicle / Purva Patel and Nancy Sarnoff

In Big Easy, slow headway against crime Christian Science Monitor / Patrik Jonsson

Yen May Extend Drop as Gaining Stocks Signal Appetite for Risk Bloomberg / Bo Nielsen

Japan's Economy Probably Cooled on Slower Consumer Spending Bloomberg / Lily Nonomiya


Blame Greenspan? Daily Standard / Irwin M. Stelzer

The Master of the Fed Domain Minyanville via Fiend’s SuperBear Page / Todd Harrison

Canada joins rush to claim the Arctic FT / Daina Lawrence and Daniel Dombey

Oil steady at $72, U.S. economic concerns prevail Reuters / Fayen Wong

The Bernanke Agenda: Just Say No Business Week / Peter Coy

Monetary Statistics Lew Rockwell / Gary North

MI: Lansing-area home sales off 1.5 percent Lansing State Journal / Jeremy W. Steele

Energy futures fall on inventory report AP via Seattle Post Intelligencer / John Wilen

Agency says Asia's rich-poor gap growing AP via Houston Chronicle / Joe McDonald

Treasuries Fall the Most in More Than Month on Stocks, Auction Bloomberg / Deborah Finestone and Sandra Hernandez

Relative value emerges in subprime crisis –JPMorgan Reuters / Nancy Leinfuss

High Rate CDs and other Moral Hazards Mish’s Global Economic Trend Analysis via Safehaven / Mike Shedlock

Wall Street pulls off a winner CNN / David Ellis

U.S. Stocks Rise for a Third Day, Led by Banks; Merrill Gains Bloomberg / Michael Patterson

Blockbuster to buy download service Movielink AP via MSNBC

Sprint Nextel 2Q Profits Drop Sharply AP via San Francisco Chronicle / David Twiddy

Q: How Big Is the Sub-Prime Mortgage Market? National Review / Jerry Bowyer

CO: Fewer unsold homes on market Rocky Mountain News / John Rebchook

Bush: U.S. economy is thriving CNN

Gold futures rise, as dollar trades mixed Marketwatch / Polya Lesova

Oil falls in volatile trading after U.S. supply decline Marketwatch / Polya Lesova

Big Ben Has Marts Rockin’ & Reelin’ NY Post / Paul Tharp

Wednesday’s Analysis / Marty Chenard

US Economic Growth in Domestic Private Final Demand : Its Falling - Can It Get Up? Northern Trust via Market Oracle / Paul L Kasriel

Company Bond Risk Falls as Fears Ease About Subprime Mortgages Bloomberg / Shannon D. Harrington and Hamish Risk

Debt downgrade can be a buying opportunity Marketwatch / Richard Lehmann

Treasuries Fall as Stock Markets Gain, Credit Concern Eases Bloomberg / Deborah Finestone and Elizabeth Stanton

LBO-funding impact seen as 'very manageable' Marketwatch / Greg Morcroft

Bonfire of the homebuilders Business Week via MSNBC / Mara Der Hovanesian

FL: Foreclosures skyrocket as bailout options fade Palm Beach Post / Linda Rawls

Sallie May Or May Not Be Bought Out NY Post / Zachery Kouwe

Woes hitting Wall Street pocketbooks LA Times / Walter Hamilton

Minneapolis shows why it's rated No. 1 in volunteerism Christian Science Monitor / Ben Arnoldy

Stocks in tech-inspired rally CNN

Wall Street Advances After Cisco Report AP via San Francisco Chronicle / Madlen Read

Bernanke Looks Beyond Market to Focus on Inflation Bloomberg / Craig Torres

Fed Notes Market Turmoil, Sticks to Its Guns Bloomberg / John M. Berry

Fed Gives Weak Nod to Growth and Credit Risks Bloomberg / Caroline Baum

Not putting out The Economist

Fed's Lack of Transparency Keeps Investors in Dark Bloomberg / Scott Lanman

Toll Bros. 3Q Homebuilding Revenue Falls AP via Forbes

Mortgage Disruptions' Will Deepen Housing Slump, Realtors Say Bloomberg / Kathleen M. Howley

Realtors group lowers housing forecast AP via Houston Chronicle

Mortgage demand jumps, bankers say Reuters via CNN

Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage Bankers Association

HomeBanc is latest to halt mortgages Charlotte Observer / Rock Rothacker

NC: Grand Strand home prices are slumping Myrtle Beach Sun via Charlotte Observer / Jenny Burns

U.K.'s Subprime Crisis May Be Worse Than U.S.'s Bondheads / Matthew Lynn

Profiting From The Meltdown Forbes / Robert Lenzner

Hedge funds' huge risks McClatchy via Charlotte Observer / Kevin G. Hall and Robert A. Rankin

SC: Local income growth lags The State / Jim DuPlessis

Bank of England Signals Another Rate Increase Needed Bloomberg / Brian Swint

U.S. Treasuries Little Changed Before Auction of 10-Year Notes Bloomberg / David Yong

Missed Opportunities Washington Post / Steven Pearlstein

Fed Leaves Rate Steady; No Sign of Future Cut NY Times / Jeremy W. Peters

Is a bottom in place? Marketwatch / Mark Hulbert

Executive Once Seen as Candidate to Be Next Chief Steps Down at Fidelity NY Times / Geraldine Fabrikant

Yen Falls as Japan Machinery Orders Decline More Than Expected Bloomberg / Ron Harui and Kosuke Goto

Australia Increases Key Rate to 11-Year High of 6.5% Bloomberg / Victoria Batchelor and Gemma Daley

Thatcherism Is Out as China Vindicates Galbraith Bloomberg / William Pesek


Spectacular Acts Of Central Banking Forbes / Paul Maidment

The derivatives vacuum FT / Frank Partnoy

Central banks’ aid $ FT / John Authers

Oil prices steady in Asian trading AP via Houston Chronicle / Gillian Wong

Wal-Mart earnings set for next week Marketwatch / Jennifer Waters

CA: Mortgage crunch hits Bay Area hard because of jumbo loans San Francisco Chronicle / Carolyn Said and Kelly Zito

The new cold war Marketwatch / Tom Bennis

Countrywide Says `Unprecedented' Disruptions May Hurt Profit Bloomberg / Steve Dickson

You Heard It Here First Lew Rockwell / Mark Thornton

SEC You Later Mortgage Defaults Daily Reckoning via Safehaven / The Mogambo Guru

Canada: Bank of Canada issues statement on provision of liquidity to support the stability and efficient function of financial markets Bank of Canada

China pours money into drug, food safety AP via Houston Chronicle

A Widening Credit Squeeze? Newsweek via MSNBC / Susannah Schrobsdorff

Financial stocks get smacked CNN

Big liquidation triggers hedge-fund turmoil Marketwatch / Alistair Barr

U.S. Monetary Authorities Did Not Intervene in FX Market during the Second Quarter Federal Reserve Bank of New York

Dow sees 2nd worst day of '07 CNN / David Ellis and Alexandra Twin

Dow Plunges 387 on Subprime Concerns AP via Forbes / Tim Paradis

Foreign central banks sold Treasuries in week –Fed Reuters

US exports poison BBC News

In past 2 weeks, another $43 billion in busted bonds Marketwatch / Murray Coleman

Commercial Paper Yields Soar to Highest Since 2001 Bloomberg / Mark Pittman

Two-Year Treasury Yields Fall Most Since 2004 on Mortgage Woe Bloomberg / Elizabeth Stanton

State finances expected to dip / Pamela M. Prah and Eric Kelderman

Chances of September Fed ease skyrocket Reuters / Ros Krasny

Central banks in the rich world no longer determine global monetary conditions The Economist

U.S. retailers' same-store sales in July Reuters

Fixed mortgage rates sink further AP via Beaufort Gazette / Jeannine Aversa

Tax and Trade Insanity National Review / Michael T. Darda

Bush against lifting Fannie, Freddie mortgage cap Marketwatch / Robert Schroeder

U.S. Treasury says monitoring edgy markets Reuters

Bush May Try to Cut Corporate Tax Rates Washington Post / Peter Baker

Fannie, Freddie limits may rise Washington Times / Patrice Hill

Beware the fragile relationship between prime brokers and hedge funds The Economist

Thursday’s Analysis / Marty Chenard

The “Plunge Protection Team” Working Overtime to Save US Stock Market SirChartsAlot via Market Oracle / Gary Dorsch

Goodbye, Gains / Mark Glassman

Will she, won't she? The Economist

Vonage subscriber recruitment stalls AP via Beaufort Gazette / Peter Svensson

Wild Oats 2Q Profit Drops 97 Percent AP via San Francisco Chronicle

Gold falls sharply on credit jitters, equities decline Marketwatch / Polya Lesova

Oil prices slide AP via Houston Chronicle / Pablo Gorondi

Fed Adds $24 Bln in Temporary Funds, Most Since June Bloomberg / Ye Xie

Mortgage defaults growing, AIG says Reuters via CNN

Stocks Plunge on Rising Credit Anxiety AP via Forbes / Tim Paradis

FASB Should Revise Stock Options' Earnings Rule Bloomberg / Graef Crystal

Credit Crunch? Not This Week / Stephen Taub

Debt offerings pay off for stocks LA Times / Tom Petruno

Treasuries Rise as Money Market Rates Surge, ECB Provides Funds Bloomberg / Elizabeth Stanton

Safe Haven Strife NY Post / Roddy Boyd

Retailers Report Sluggish July Sales AP via Forbes / Anne D’Innocenzio

Jobless claims move higher AP via Tennessean / Jeannine Aversa

Politicians lobby for anti-lobby reform Pittsburgh Tribune Review / Jack Markowitz

Hey, Hank, Let’s Sit Down And Talk About Things NY Post / John Crudele

ECB Offers Unlimited Cash as Bank Lending Costs Soar Bloomberg / Gavin Finch and Steve Rothwell

Banks Whistle Past the Credit-Ratings Graveyard Bloomberg / Mark Gilbert

The nation's most ethnically diverse counties CNN / Les Christie

Oberstar Wants Trust Fund for Bridge Repair Bond Buyer / Humberto Sanchez

Treasury Yields Hold at Two-Week High as Asian Stocks Rebound Bloomberg / David Yong

PA: Lenders 'tightening screws' on home buyers Pittsburgh Post Gazette / Elwin Green

Letter with top 5-year return gives market benefit of doubt Marketwatch / Mark Hulbert

Unease at China's threat to sell dollar Telegraph / Richard Blackden

China Should Use Reserves to Sway `Silly Senators,' Xia Says Bloomberg / Christina Soon

Bush Faults Easy Money for Volatility NY Times / Steven R. Weisman

What airlines are doing to reduce record delays Christian Science Monitor / Alexandra Marks

American roulette Christian Science Monitor

UK: Stigma of being a bankrupt 'is fading' Telegraph / Richard Tyler

UK: King warns of further turmoil Telegraph / Edmund Conway

Bank of Korea Unexpectedly Raises Key Rate to 5% Bloomberg / Kim Kyoungwha

Bank of China warns of price inflation Telegraph / Mark Kleinman

Wolfowitz-san Should Be the BOJ's Next Governor Bloomberg / William Pesek

China's Trade Surplus Likely Jumped Almost 60 Percent in July Bloomberg / Nipa Piboontanasawat



Credit Crunch Worries Morgan Stanley / Shital Patel and Richard Berner

The USD and Oil Prices: Some Conceptual Issues Morgan Stanley / Stephen Jen and Luca Bindelli

So much for containment Globe and Mail / Fabrice Taylor

Stuck inside a black box NY Post / Roddy Boyd

Who can't get a mortgage now CNN / Steve Hargreaves

High-risk mortgages become toxic mess AP via Houston Chronicle / Michael Liedtke

Treasuries Fall as Fed Moves to Restore Order to Money Markets Bloomberg / Elizabeth Stanton

Stocks End Mixed After Plunge / Mark Glassman

Stock Markets and Economic Liberty Lew Rockwell / Gary North

Dow back from triple-digit losses as Fed moves in Marketwatch / Kate Gibson

Chrysler's owner picks a non-car guy to drive the company forward St. Louis Post Dispatch / David Nicklaus

The Effects of Competition on Price Dispersion in the Airline Industry: A Panel Analysis Federal Reserve Bank of Boston / Kris Gerardi and Adam Hale Shapiro

Oil Prices Reach and Retreat from New Highs; Gasoline Prices Fall Federal Reserve Bank of Dallas

Texas Economy Takes a More Moderate Path Federal Reserve Bank of Dallas

Fed Fires In Some Liquidity Forbes / Joshua Lipton

Fed Buys $38B in Assets AP via Forbes / Madlen Read

Our Subprime Fed Wall Street Journal via Fiend’s SuperBear Page / Gerald P. O'Driscoll, Jr.

Milk prices at record highs AP via Houston Chronicle / Emma Vandore

The Gold Problem Ludwig von Mises Institute / Ludwig von Mises

Treasuries Almost Erase Gains as Fed Adds Cash to Bank System Bloomberg / Elizabeth Stanton

Are Global Prices Converging or Diverging? Federal Reserve Bank of San Francisco

US Fed adds another 16 bln usd to markets AFX via Forbes

How effective would Fed rate cut be? Marketwatch / Greg Robb

Commodity prices tumble, but gold gains AP via Houston Chronicle / Lauren Villagran

Gold rallies on safe-haven buying amid credit turmoil Marketwatch / Polya Lesova

Fed funds trade at 5.25 pct, matching target rate Reuters

Will the Fed save the day? CNN / Paul R. La Monica

What is the Fed's discount window Reuters

Treasury Two-Year Yields Touch 18-Month Low on Cash Shortage Bloomberg / Elizabeth Stanton

Corporate Bond Risk Rises as Central Banks Fuel Credit Concern Bloomberg / Hamish Risk and Kabir Chibber

Mortgage meltdown contagion CNN / Les Christie

Friday’s Analysis / Marty Chenard

Stocks still sliding after Thursday sell-off AP via Dallas Morning News

Liquidity fears drag Wall Street down FT / Hal Weitzman and Michael Mackenzie

Looking for Taxes in All the Wrong Places National Review / Tom Nugent

The Federal Reserve is providing liquidity to facilitate the orderly functioning of financial markets Federal Reserve Board

Fed Joins Banks Adding Cash to Stem Credit Collapse Bloomberg / Christian Vits and Scott Lanman

Bernanke Was Wrong: Subprime Contagion Is Spreading Bloomberg / Bob Ivry

ECB sends additional $83.8B into system AP via Seattle Times / Matt Moore

Japan Injects 1 Trillion Yen Into Market AP via Forbes / Yuri Kageyama

Rally carries over from Thursday's gains Marketwatch / Wanfeng Zhou

U.S. Nanny State Must Think Local on Infrastructure Bloomberg / Joe Mysak

Fannie, Heal Thyself / Stephen Taub

Stock volatility index jumps 23 percent Chicago Sun Times

Whither Newspapers? Forbes / Jack Trout

Consumer confidence rebounds in August AP via Houston Chronicle / Jeanine Aversa

U.S. July Import Prices Rise More Than Forecast Bloomberg / Bob Willis

What's up with gold? Marketwatch / Peter Brimelow

Oil prices fall below $71 a barrel AP via Houston Chronicle

With Subprime Fears, Market Activity Slows Bond Buyer / Matthew Posner

New Order Ushers in A World of Instability Washington Post / Steven Pearlstein

Low-Risk Borrowers Now Feel Crunch Washington Post / Nancy Trejos

Size Doesn’t Keep Goldman Fund From Gyrating With Market NY Times / Landon Thomas, Jr.

Treasuries Rise as Subprime Concern Spurs Demand for Safe Haven Bloomberg / David Yong

A New Kind of Bank Run Tests Old Safeguards NY Times / Floyd Norris

Shaky Markets Prompt Rumors of Who’s in Trouble NY Times / Julie Creswell

Asian Stocks Tumble on Subprime Concern; Toyota, Macquarie Drop Bloomberg / Chen Shiyin and Tomoko Yamazaki

ECB's confidence trick won't restore faith in market Telegraph / Damian Reece

ECB steps in as lending rates rocket Telegraph / Ambrose Evans-Pritchard

Yen Rises, Extending Biggest Gain Since 2001, on Credit Losses Bloomberg / David McIntyre and Kosuke Goto

Bank of Japan, RBA Boost Funds in System to Ease Credit Crunch Bloomberg / Keiko Ujikane and Saburo Funabiki

Singapore Economy Grows at Fastest Pace in Two Years Bloomberg / Shamim Adam

Subprime Mess Finds Central Banks in Their Prime Bloomberg / William Pesek

How to pay for US road and bridge repair? Christian Science Monitor / Ben Arnoldy

American dream falters Christian Science Monitor / Peter Grier and Bina Venkataraman


Behind the Subprime Crash Lew Rockwell / Robert Wallach

$100 Billion Bond Backup Mish’s Global Economic Trend Analysis via Safehaven / Mike Shedlock

Milk: The new white gold? AP via Detroit News / Emma Vandore

The Grim Reaper Pays A Visit To Wall Street Market Oracle / Mike Whitney

Balancing on the hedge: Speculators may share blame for Dow plunge Boston Herald / Jay Fitzgerald

Subprime crisis spreads into other kinds of mortgages NY Times via Houston Chronicle

Hedge funds blamed Chicago Tribune / Becky Yerak

Who will be stuck with debt? Chicago Tribune / Mike Hughlett

Citigroup seen taking $700 million in credit losses Marketwatch / Shawn Langlois

A global hunt for mortgage loan risk LA Times / Peter G. Gosselin

How a liquidity crisis impacts our economy Miami Herald

Looking for Footing on Shaky Ground Washington Post / Steven Pearlstein

Cramer’s Tantrum Lew Rockwell / Gary North

CA: Slowdown hits home -- his own LA Times / Michael Mathis

Dollar Gains First Time in a Month Versus Yen as Banks Add Cash Bloomberg / Kim-Mai Cutler

Buy, sell, hold? Market jitters leave Americans uncertain Tennessean / Chas Sisk

U.S. Stocks Recover as Fed Assuages Lending Concern Bloomberg / Eric Martin and Lynn Thomasson

Federal Deficit Down to $157.3 Billion AP via Orlando Sentinel / Jeannine Aversa

IMF seeks to calm financial fears BBC News


The Fed's Dr No refuses to come to Wall Street's rescue Independent / Peter Coy

July Retail Sales, Consumer Prices Rise: U.S. Economy Preview Bloomberg / Joe Richter

A day of reckoning for Americans who lived beyond their means Taipei Times / Joseph Stiglitz

Economy looks decent, even with credit clouds Marketwatch / Greg Robb

Return to credit normalcy Sacramento Bee / Tom Sullivan

Drooping dollar driving growth Cincinnati Enquirer / James McNair

Coping with the mortgage meltdown San Francisco Chronicle / Kathleen Pender

Mortgage defaults expected to worsen AP via Washington Times

Investors need steel nerves or brass necks Guardian – Observer / Ruth Sunderland

Full circle St. Paul Pioneer Press / Nicole Garrison Sprenger

More trouble ahead for Wall Street? Reuters / Kristina Cooke

Fearful investors turn and run from a spiralling crisis Guardian – Observer / Heather Stewart and Alex Brett

Mortgage REIT fund smacked by credit woes Marketwatch / John Spence

Semper Fidelity Sacramento Bee / Gilbert Chan

US loan crisis set to claim fresh victims Guardian – Observer / Heather Stewart, Nick Mathiason and Zoe Wood

Demand for lumber down 25 percent since 2000 Pittsburgh Post Gazette / Genaro C. Armas

Yen Summer Fling Ending as Japan Economy Slows, Rates Stagnate Bloomberg / Stanley White and Min Zeng

China seeks to dampen US dollar rumors AP via Houston Chronicle

How deep will the Fed dig into its arsenal? AP via St. Louis Post Dispatch / Jeannine Aversa

For sale by owner not always best strategy Chicago Tribune / Gregory Karp



'Chicken money' keeps keel even Chicago Sun Times / Terry Savage

Can Central Banks Head Off a Credit Crunch? Morgan Stanley / Richard Berner

Review and Preview Morgan Stanley / Ted Wieseman and David Greenlaw

The VIX is not in Marketwatch / Mark Hulbert

On a short fuse The Economist

Fed passes crisis test but cements academic image Reuters / Alister Bull

Fed’s efforts to calm markets not over FT / Krishna Guha

Fed funds trade at 5.19 percent, below 5.25 pct target Reuters

Credit problems are too big for the feds to fix MSN via Fiend’s SuperBear Page / Bill Fleckenstein

Mortgage borrowers look for stability CNN / Les Christie

Causes of death The Economist

TREASURIES-Aversion to risk eases but lingers, driving bonds Reuters / Pedro Nicolaci da Costa

Federal Reserve finds banks tightening standards on subprime mortgages AP via Boston Herald

Stocks end near flat; financials decline Reuters

Gold Lags Treasuries as Dollar Fails to Ignite Rally  Bloomberg / Pham-Duy Nguyen and Saijel Kishan

Energy, copper, nickel futures advance AP via Houston Chronicle / Lauren Villgran

Stocks tied to 'quant, hedging shops' take beating Marketwatch / Murray Coleman

Goldman Gets Hedge Fund Help Forbes / Joshua Lipton

San Diego County home sales dip 13.3 percent San Diego Union Tribune / Roger Showley and Emmet Pierce

Could red-hot foreign markets burn out? Christian Science Monitor / Margaret Price

Head of Chinese toy company commits suicide LA Times / Mark Magnier

The Fed Bought What? Ludwig von Mises Institute / John Paul Koning

Dollar holding up as stocks rebound Marketwatch / Wayne Ma

Dems weigh in on mortgage meltdown CNN / Les Christie

U.S. Economy: Retail Sales Rose More Than Forecast Bloomberg / Joe Richter

Monday’s Analysis / Marty Chenard

Stocks creep higher CNN

Treasurys slightly off after retail sales rebound Marketwatch / Leslie Wines

Two-Year Treasuries Drop as Traders Reduce Bets on Fed Rate Cut Bloomberg / Deborah Finestone

U.S. Nanny State Must Think Local on Infrastructure Bloomberg / Joe Mysak

Bernanke faces his first big test USA Today via Tennessean / Barbara Hagenbaugh

Bernanke, Trichet Urged by Markets to Do Rates U-Turn Bloomberg / Simon Kennedy and John Fraher

Fed Adds $2 Billion to System, Fund Rate Above Target Bloomberg / Ye Xie

No mortgage for those with good credit? Charlotte Observer / Binyamin Appelbaum

New House Rules NY Post / Gregory Bresiger

Wall Street Mill Churns Out Bad Wurst Bloomberg / Caroline Baum

American Home Mortgage’s quick rise and hard fall Newsday / Daniel Wagner and Tami Luhby

CA: Foreclosures and forced sales mar a Santa Ana street after years of subprime lending Orange County Register / Rose Palmisano

CA: Credit fears may curb home sales LA Times / Annette Haddad

U.S. Economy Faces Downturn Threat Forbes / Oxford Analytica

Retail sales rebound in July CNN

Fed injects $2B more into banking system CNN

ECB Adds Cash for Third Day, Says Market Normalizing Bloomberg / Christian Vits

Stocks Open Higher As Banks Add Liquidity AP via LA Times / Lauren Villagran

Sears lowers outlook, set for $1.5 billion buyback AP via Chicago Tribune

Goldman hedge fund gets $3B bailout AP via Houston chronicle / Joe Bel Bruno

Banks Whistle Past the Credit-Ratings Graveyard Bloomberg / Mark Gilbert

ECB reportedly weighs dollar swap with Fed Marketwatch / Steve Goldstein

Oil prices rise on stock market rebound AP via Houston chronicle / Pablo Gorondi

Three Bubbles That Could Derail China's Economy Bloomberg / William Pesek


How Chaos In Markets Will Affect Inflation NY Post / John Crudele

Sentinel: A Sign Of Worse Things To Come? Forbes / Ruthie Ackerman

Wall Street and Main Street Are Joined at the Hip Northern Trust via Safehaven / Paul Kasriel

Weak dollar propels US exports to high FT / Eoin Callan

CEO confidence at five-year low FT / Lina Saigol

Bernanke Grounded -- for Now Data Global Advisors via Safehaven /  Michael Pento

Speculators Take Global Economy Hostage, Central Bankers' Liquidity Concession, With Nothing in Return, Interest Cuts Next? Econotech via Safehaven

Countrywide Foreclosures at Multi-Year High Reuters via FT / Jonathan Stempel

Nasdaq Gives High Rollers A Market Free Of Regulation Washington Post / David Cho

US retailers warn of tough times BBC News

As mutual funds adopt manager incentives, investors should be wary Marketwatch / Marla Brill

Losses spark hedge fund redemption concerns Marketwatch / Alistair Barr

Stashing cash in bonds can prove risky Marketwatch / Murray Coleman

Emerging debt-Spreads widen as credit crisis broadens Reuters / Walter Brandimarte

CPI expected to rise 0.1% in July, economists say Marketwatch / Rex Nutting

Fed refrains from injecting cash into market Reuters / John Parry

Fed funds trade at 4.00 percent, below 5.25 pct target Reuters

Wall Street's terrible Tuesday CNN / Alexandra Twin

Dow off 208 on on credit, consumer woes AP via Dallas Fort Worth Star Telegram / Joe Bel Bruno

Forecasts Weigh on Equities / Mark Glassman

Measuring the rulers The Economist

Subprime-Infected Funds Drive Demand for Dollars Bloomberg / Matthew Benjamin and Liz Capo McCormick

Freddie Mac takes steps to inject liquidity into Alt-A mortgage market AFX via Forbes

Foreclosures hitting hard McClatchy / Tony Pugh

California cities fill top 10 foreclosure list CNN / Les Christie

Treasuries Rise as Liquidity Concerns Mount on Commercial Paper Bloomberg / Daniel Kruger and Deborah Finestone

Firms Hunt For Bargains Among Debt Securities Washington Post / Thomas Heath

Canada: Foreign banks refuse to backstop Canadian commercial paper programs Globe and Mail / Andrew Willis

Seizing up of credit markets is equivalent to raising rates Marketwatch / Dr. Irwin Kellner

Who’s to Blame for the Sub-Prime Problem? National Review / Jerry Bowyer

MBA Calls on OFHEO to Allow GSEs More Room to Help Markets Mortgage Bankers Association

Tuesday’s Analysis / Marty Chenard

Prices for key foods are rising sharply McClatchy / Kevin G. Hall

Reality vs. the State Llewellyn H. Rockwell, Jr. via Lew Rockwell

High Risk Spending Texas Straight Talk via Safehaven / Ron Paul

Sentinel Management Seeks to Freeze Redemptions Bloomberg / Jenny Strasburg and Katherine Burton

Half of nation's poor don't get food stamps McClatchy / Rob Hotakainen

Moody's, S&P Lose Some Credibility With New Credit Derivatives Bloomberg / John Glover and Shannon D. Harrington

TREASURIES-Bonds erase losses as stocks turn down Reuters

California Draws Line on Public Employee Pensions Bloomberg / Joe Mysak

Federal Financial Regulators Propose Illustrations of Consumer Information to Support Their Statement on Subprime Mortgage Lending  pdf FDIC

Philly Fed-US 3rd qtr growth estimate pared back Reuters

Survey of Professional Forecasters Federal Reserve Bank of Philadelphia

Statement Regarding Open Market Operations Federal Reserve Bank of New York

Fed's Cash Infusion Was Less Than Met the Eye Bloomberg / John M. Berry

FL: All signs point to housing glut Orlando Sentinel / Jerry W. Jackson

Ohio looks at lending problems Cincinnati Enquirer / Alexander Coolidge

U.S. Stocks Fall as Wal-Mart Forecast Spurs Concern on Spending Bloomberg / Lynn Thomasson

Wal-Mart, Home Depot See Economic Slump Hurting Annual Profit Bloomberg / Lauren Coleman-Lochner and Mark Clothier

Bargain Hunting NY Post / Suzanne McGee

Stocks edge up at open on data Reuters

U.S. Core Producer Prices Rise Less Than Forecast Bloomberg / Shobhana Chandra

Trade deficit narrows on stronger exports AP via Houston Chronicle / Martin Crutsinger

Wall Street humbled by hedge funds LA Times / Walter Hamilton and Tom Petruno

ECB President Trichet's statement on markets Reuters

Trichet Calls for Composure, Says Markets Normalizing Bloomberg / Matthew Brockett

Fed chief's rate strategy draws praise, criticism LA Times / Peter G. Gosselin

UBS Quarterly Profit Rises on Asset Sale, Wealth Fees Bloomberg / Jacob Greber

EU: Sales of Commercial Mortgage Debt to Reach Record, Moody's Says Bloomberg / Steve Rothwell

Never Send to Know For Whom the Bell Tolls; It Tolls For Thee. Pimco / Curtis Mewbourne

Credit squeeze gives lenders indigestion Telegraph / Philip Aldrick

Hedge funds forced into equities fire sale London Times / Christine Seib

Goldman puts its money where its mouth is Telegraph / Damian Reece

Fed's Greenspan to advise Deutsche Telegraph / Ben Bland

Yen Advances on Speculation Investors Are Reducing Carry Trades Bloomberg / Stanley White and Ron Harui

Surge in Consumer Prices Stirs China’s Concern About Overheated Economy NY Times / Keith Bradsher


Oil falls below $73, big storm Dean may miss Gulf Reuters / Jonathan Leff

Asian markets skid on heavy selling Marketwatch / V. Phani Kumar

Stocks close down again as credit worries remain Marketwatch / Kate Gibson

'Dislocations' roil markets as Fed watches, waits St. Louis Post Dispatch / David Nicklaus

Dont Underestimate the U.S. Consumer? The Global Economy Is Strong? Northern Trust via Safehaven / Paul Kasriel

The financial liquidity squeeze triggered by the sub-prime virus is a very difficult near-term problem National Review / Larry Kudlow

Subprime woes infect commercial paper market Marketwatch / Alistair Barr

Fund Lockout NY Post / Roddy Boyd

Loonie keeps diving Globe and Mail / Roma Luciw

$2 pound sails into the sunset Guardian / Larry Elliott

US economy left exposed to consumer recession $ FT / David Rosenberg

Blow for investors over securities litigation FT / Jeremy Grant

MI: Metro Detroit home foreclosures increase Detroit News / Nathan Hurst

CA: Foreclosures multiply in area counties Modesto Bee / J. N. Sbranti

Gas prices expected to remain steady Contra Costa Times / Janis Mara

Poole Says No Subprime Impact Yet on `Real Economy' Bloomberg / Anthony Massucci and Kathleen Hays

Fed 'Injections': Who Benefits? US News and World Report / Kim Clark

Analysts start to pencil in Oct. Fed rate cut Marketwatch / Rex Nutting and Greg Robb

CPI Increases Rate Cut Optimism Forbes / Andrew Farrell

Short-term gain, long-term pain seen for dollar Reuters / Kevin Plumberg

Energy Futures Mixed on Storm Forecasts AP via Forbes / John Wilen

S&P erases gains for year as mortgage lender sinks Reuters / Kristina Cooke

Dow hits 4-month low CNN / Alexandra Twin

U.S. Homebuilder Confidence Declined to 16-Year Low Bloomberg / Shobhana Chandra

Municipal Rate Swaps Are Poised for Faster Growth, S&P Says Bloomberg / Michael Quint

OH: Home sales off in Ohio, Ky. AP via Cincinnati Enquirer

U.S. Net Foreign Asset Purchases Hold Near Record Bloomberg / John Brinsley and Kevin Carmichael

Two-Year Treasury Yield Near 18-Month Low on Subprime Concern Bloomberg / Daniel Kruger and Agnes Lovasz

Empire State Manufacturing Survey Federal Reserve Bank of New York

Industrial Production and Capacity Utilization Federal Reserve Board

Is the Dow Theory now on a sell signal? Marketwatch / Mark Hulbert

Deere 3Q Profit Up 23 Percent to $537.2M AP via Washington Post

Wednesday’s Analysis / Marty Chenard

Dow back above 13,000 level after plunging below for first time since late April Marketwatch / Kate Gibson

Stocks Edge Up After Fed Adds Liquidity AP via Washington Post / Madlen Read

Fed adds $7 bln in reserves through overnight repos Reuters

Fed cancels overnight repurchase agreement Reuters

Fed will do overnight repo after technical problem Reuters

Mortgage applications up 3.4% last week: MBA - Activity may reflect turmoil in markets, not housing health Marketwatch / Amy Hoak

Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage Bankers Association

Safe' Mortgages Proved to Be the Ultimate Risk Bloomberg / David Pauly

Consumers' free-spending faces obstacles LA Times / Leslie Earnest and Daniel Yi

Inflation moderating in July, CPI shows Marketwatch / Rex Nutting

Countrywide cut by Merrill and bankruptcy raised Reuters

At Mortgage Banks, `Going Concerns,' Going, Gone Bloomberg / Jonathan Weil

Home prices drop for fourth straight quarter CNN / Les Christie

IL: Home sales slow in Chicago area, but prices up slightly Chicago Tribune

U.S. Economy: Inflation Slows, Production Expands Bloomberg / Joe Richter and Bob Willis

Oil gains as crude supplies fall CNN

Oil prices rise overnight on storm speculation AP via Houston Chronicle / Pablo Gorondi

Stocks creep higher CNN

Sara Lee profit soars on strong sales AP via Houston Chronicle / Ashley M. Heher

Seeking a Wrench To Stop the Drip Washington Post / Steven Pearlstein

Eagle Putt Pimco / Mark Kiesel

Producer Prices and Trade Data Give Fed Little Reason to Cut Rates NY Times / Jeremy W. Peters

A Push for Transparency Bond Buyer / Andrew Ackerman

Two-Year Treasuries Trade at 18-Month High on Demand for Safety Bloomberg / David Yong

Basis Capital Says Yield Fund May Lose More Than 80% of Value Bloomberg / Laura Cochrane

Goldman cuts fees to save fund FT / Peter Thal Larsen

Subprime Problems Spread Into Commercial Loans NY Times / Gretchen Morgenson and Jenny Anderson

Thieves Clean Up By Clearing Out Appliances Washington Post / Allan Lengel

Yen Climbs to Four-Month High Against Euro on Subprime Losses Bloomberg / Ron Harui and David McIntyre

ECB rate-rise doubts as global economy slows Telegraph / Ambrose Evans-Pritchard

UK: Fall may help persuade Bank to hold rates Telegraph / Edmund Conway

China's Industrial Output Rose 18 Percent in July Bloomberg / Nipa Piboontanasawat

Loan standards tighten Christian Science Monitor / Ron Scherer

Airport screening raises privacy issue Christian Science Monitor / Alexandra Marks