Bondhead News Archive

October 16 – October 31

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Bank of Canada keeps target for the overnight rate at 4 1/2 per cent Bank of Canada

Oil Pushes Toward $90-A-Barrel Mark On Turkey Tensions Investors Business Daily / Kirk Shinkle

Corporate Debt Risk Rises; Bank Earnings Miss Analyst Estimates Bloomberg / Shannon D. Harrington

Banks Sell First Data $2.2 Billion But Still Left With Hefty Chunk Dow Jones via CNN

CITI was asleep at the discount window NY Post / John Crudele

Sallie, May I NY Post / Zachery Kouwe

Paulson warns of damage to come FT / Ben White and Eoin Callan

POLL: Confidence Is Low and Steady ABC News / Peyton M. Craighill

Gold futures climb closer to $770 in electronic trading Marketwatch / Myra P. Saefong

HUI Whisper Targets Gold And Oil Stocks /  Greg Silberman

Crude At The Century Mark Forbes / Poppy Harlow

Oil futures set another record high Marketwatch / Jim Jelter

Opec blames speculators for oil’s rise FT / Javier Blas and Ed Crooks

Woo-hoo for Yahoo! and Yang CNN / Paul R. La Monica

Domino's earnings drop 55%; shares hit three-year low Detroit News

Intel Profit Gains on Higher PC Demand; Shares Jump Bloomberg / Ian King

Banker, heal thyself The Economist

Builders' confidence at all-time low CNN / Chris Isidore

Bar chart The Economist

High-yield bonds not offering hope Gannett News via Clarion Ledger

CA: Southland home sales and prices plummet LA Times / Peter Hong

Treasuries Rise as Global Stocks Fall on Concern Over Housing Bloomberg / Sandra Hernandez and Deborah Finestone

Equities Widen Losses / Mark Glassman

Major airlines flock together and raise fares Bloomberg via Orlando Sentinel / Mary Schlangenstein

Marriott shares rise on takeover speculation Reuters via Washington Post

Crude more likely to hit $90 before gold hits $800 Marketwatch / Mark Hulbert

Wells Fargo hit by $490m bad debt BBC News

Will Your Social Security Benefits Be Taxed -- Again? / Bill Bischoff

Canada: Central bank leaves interest rates on hold Globe and Mail / Heather Scoffield

Output rises at 4% pace in third quarter; September ends on weak note Marketwatch / Rex Nutting

PA: Fund manager called manipulator, scapegoat Pittsburgh Post Gazette / Len Boselovic

Stocks Remain In The Red On Rising Volume Investors Business Daily / Allan R. Elliott

Tuesday’s Analysis / Marty Chenard

Yahoo May Deliver Lower Profit After Comeback Pledge Bloomberg / Ari Levy

The consumer buying binge is over Fortune via CNN / Geoff Colvin

Slower growth in holiday shopping planned: survey Marketwatch / Andria Cheng

Industrial Production and Capacity Utilization pdf Federal Reserve Board

State Street's Earnings to Rise More Than 15% in 2007 Bloomberg / Sree Vidya Bhaktavatsalam

FL: A home appraisal in just two clicks St. Petersburg Times / James Thorner

Friction over weak dollar expected at G-7 meeting McClatchy / Kevin G. Hall

New license rules slam some legal residents / Eric Kelderman

PIMCO's Gross: Fed will cut again but not in Oct Reuters

Foreigners Sold Record $69.3 Billion in U.S. Assets Bloomberg / John Brinsley and Kevin Carmichael

Bonds rise as riskier asset worries re-emerge Reuters / John Parry

Torre to Stay With Yankees, Bond Market Math Says Bloomberg / Joe Mysak

U.S. September Production Rises 0.1% as Autos Drop Bloomberg / Bob Willis

D.R. Horton Orders Fall to Lowest in Almost Six Years Bloomberg / Brian Louis

Oil sprints towards $88 Reuters / Janet McBride

Bank of Canada holds rates, has slight easing bias Reuters

Stocks Dip on Bernanke's Sobering Words AP via LA Times / Madlen Read

Ericsson Falls to 3-Year Low as Profit Misses Target Bloomberg / Maria Fredriksson

As Defaults Rise, Washington Worries NY Times / Vikas Bajaj

Wells Fargo 3Q earnings rise 4 percent AP via Houston Chronicle

US Bancorp 3Q profit slips 2 percent AP via Houston Chronicle

An Unsavory Slice of Subprime Washington Post / Allan Sloan

Slower growth in holiday shopping planned: survey Marketwatch / Andria Cheng

Paulson's Credit Push Earns Jeers From Free-Market Adherents Bloomberg / Brendan Murray and Simon Kennedy

Bernanke sees better near-term outlook FT / Krishna Guha

Lessons learned from how newsletters did in 1987 crash Marketwatch / Mark Hulbert

The reasons why October always is such a scary month Marketwatch / Dr. Irwin Kellner

They're Going Downtown Daily Standard / Irwin M. Stelzer

Oil futures reach fresh record-breaking heights Marketwatch / Myra P. Saefong

Verizon Says It Turned Over Data Without Court Orders Washington Post / Ellen Nakashima

Oil Rig Bonds Prove Best in Junk Market With 12 Percent Returns Bloomberg / John Glover and Cecile Gutscher

Asian Stocks Fall on U.S. Home Loan Concern; Nomura Declines Bloomberg / Darren Boey and Patrick Rial

Bad memories and early warnings Telegraph / Tom Stevenson

Banks move to rescue debt market Christian Science Monitor / Ron Scherer

Big U.S. Banks Try to Restore Confidence in Credit Markets NY Times / Floyd Norris

Why US immigration crackdown is stalled Christian Science Monitor / Alexandra Marks

Can the Democratic Party ignore Florida's primary? Christian Science Monitor / Ariel Sabar

Japan's grannies drive up gold prices Telegraph / Ambrose Evans- Pritchard

Hedge funds target currency pegs Telegraph / Ambrose Evans- Pritchard

Yen Rises on Speculation Investors Cut Risk as Stocks Decline Bloomberg / Kosuke Goto

Japan's Ota Says Housing-Starts Drop May Slow Economy Bloomberg / Tatsuo Ito and Jason Clenfield

Dollar Trades Near Record Low Versus Euro After Bernanke Speech Bloomberg / Kosuke Goto and David McIntyre

Oil Trades Above $86 After Rising on Turkey-Iraq Border Tension Bloomberg / Gavin Evans

Singapore's Export Growth Probably Slowed as Drug Output Eased Bloomberg / Shamim Adam


Is Crude Oil on Course to hit $100 per barrel? SirChartsAlot via Safehaven / Gary Dorsch

Jump in crude oil prices no longer economically devastating San Francisco Chronicle / David R. Baker

Dollar's continued slide could test an inflation theory St. Louis Post Dispatch / David Nicklaus

Japan, China Sell Most U.S. Debt in at Least 5 Years Bloomberg / David Yong and Wes Goodman

Ready or Not, Here Comes Fair Value / Sarah Johnson

SC: Wilting weather The State / Joey Holleman

Hang Seng sets record, leads broad Asian rally Marketwatch  V. Phani Kumar

Google expected to share good news with Street Marketwatch / John Letzing

EBay Sales Beat Estimates; Boosts Full-Year Forecast Bloomberg / Chris Burritt

Street Eyes 4th Quarter With Rose-Colored Glasses / Igor Greenwald

HP widens PC market lead; Dell back to growth—IDC Reuters

After '87, today's fear is the mini-crash CNN / Alexandra Twin

Stocks End Mixed / Mark Glassman

Rangel Says Minimum-Tax Repeal Unlikely Before 2008 Bloomberg / Ryan J. Donmoyer

Labor talks grow nasty in a hurry Dallas Fort Worth Star Telegram / Mitchell Schnurman

FL: Reverse migration Marketwatch / Robert Powell

Mortgage meltdown leads E-Trade to $58 million loss Marketwatch / Murray Coleman

Banks’ Safety Net for Lenders May Have Holes in It NY Times / Vikas Bajaj

The World Bank, the Little-Noticed Big Money Manager NY Times / Steven R. Weisman

Greenspan sees no danger in weakening U.S. dollar Reuters / Marek Petrus

Record oil rally stalls as OPEC mulls action Reuters / Richard Valdmanis

Beige Book Federal Reserve Board

Housing woes put October Fed ease back in picture Reuters / Ros Krasny

Fed: Economic growth slows on credit woes AP via CNN

Housing, credit woes were a drag on U.S. economy in early fall AP via Globe and Mail / Jeannine Aversa

Think the credit crunch is over? Think again Fortune via CNN / Peter Eavis

Bond yields fall as US recession fears grow FT / Michael Mackenzie, Saskia Scholtes and Eoin Callan

Washington Mutual's Third Quarter Profit Falls on Bad Mortgages Bloomberg / Elizabeth Hester

Beware banks' bragging on earnings Fortune via CNN / Peter Eavis

Countrywide to take up to $150M charge AP via CNN

S&P Cuts $23.4 Billion of 2007 Subprime, Alt-A Debt Bloomberg / Mark Pittman

Fed’s Liquidity Helping Flood Oil Price Market NY Post / Paul Tharp

California to Pay More on $2.5 Billion of Debt as Spreads Widen Bloomberg / Jeremy R. Cooke and Michael B. Marois

Morgan Stanley Cuts 300 Jobs in Securities Unit, Person Says Bloomberg / Christine Harper

Treasuries Rise for 3rd Day as Housing Starts Reach 14-Year Low Bloomberg / Deborah Finestone and Sandra Hernandez

Treasury prices rise on housing news AP via Houston Chronicle / Leslie Wines

Oil is not the only commodity on a tear The Economist

Crude rallies to record as Turk-Kurd tensions rise Marketwatch / Myra P. Saefong and Nick Godt

Oil spikes to record CNN

A hole in the roof The Economist

UK: Bleak warning of US-style British housing slump London Times / Gary Duncan

Mortgage Applications Increase Slightly In Latest MBA Weekly Survey Mortgage Bankers Association

CA: Bay Area costs tower over state Contra Costa Times / George Avalos

Overhaul of mortgage rules sought Washington Times / Patrice Hill

Republican candidates stress immigration / Daniel C. Vock

Report ranks campaign disclosure laws / Eric Kelderman

Fed cut chances up; focus on housing Reuters

Housing starts, permits plunge CNN / Chris Isidore

Consumer Prices Up Sharply in September AP via Chicago Tribune / Martin Crutsinger

Real estate: More price drops, more layoffs CNN / Jeanne Sahadi

Wall St opens sharply higher on profits Reuters

Wednesday’s Analysis / Marty Chenard

Large Stock-Options Grants May Hurt Investors Bloomberg / Graef Crystal

How Nasdaq Hogs Stock Listings From Pink Sheets Bloomberg / Jonathan Weil

Bonds up as dismal housing overshadows inflation Reuters / John Parry

Social Security benefits to rise 2.3% AP via CNN

Merrill Lynch fund managers' poll finds inflation concerns on the rise Marketwatch / Sarah Turner

IMF Cuts World Growth Forecast, Warns of Market Risks Bloomberg / Christopher Swann

Commodity Traders Drive Hiring Amid Credit Shakeout Bloomberg / Saijel Kishan

JPMorgan Chase Earnings Rise 2 Percent AP via Chicago Tribune / Madlen Read

Hedge Funds Can't Reveal Secrets and Do Business Bloomberg / Matthew Lynn

IMF chief economist-China currency undervalued Reuters

Paulson, Bernanke Say Housing Woes May Last Washington Post / Neil Irwin

Housing slump on for another year Marketwatch / Amy Hoak

Crude futures struggle to extend six-session win Marketwatch / Myra P. Saefong

Record Price of Oil Raises New Fears NY Times / Jad Mouawad

Why Crash of '87 occurred, and why it could happen again Marketwatch / John Succo

I.B.M. Meets Expectations With a Solid Third Quarter NY Times / Steve Lohr

Top letters did good job anticipating popping of Internet bubble Marketwatch / Mark Hulbert

Gold futures climb closer to $770 an ounce Marketwatch / Myra P. Saefong

PA: Health costs a millstone for small businesses in Pennsylvania Pittsburgh Post Gazette / Bill Toland

Europe needs a fresh start -- and a stronger regional identity Taipei Times / Jacques Delors and Etienne Davignon

UK: Inflation rate comes in under target for third month in row London Times / Gabriel Rozenberg and Steve Hawkes

Treasuries Little Changed; September Housing Starts May Fall Bloomberg / Wes Goodman

Surge in exports buoys U.S. economy Christian Science Monitor / Ron Scherer

Yen Gains as Global Decline in Stocks Prompts Carry Trade Exit Bloomberg / Stanley White and Kosuke Goto

How to Get Buffetts of World Excited About Korea Bloomberg / William Pesek

Europe tightens immigration rules Christian Science Monitor / Robert Marquand

IMF and World Bank gather for talk-fest Independent / Sean O'Grady

Japan GDP Estimates Cut by Credit Suisse, Macquarie Bloomberg / David Tweed


Mezzanine debt FT / Lex

Company Debt Risk Rises as Bank of America Profit Declines Bloomberg / Shannon D. Harrington

Treasuries Rise on Evidence Credit Losses Threatening Economy Bloomberg / Sandra Hernandez and Deborah Finestone

Business Outlook Survey Federal Reserve Bank of Philadelphia

Philadelphia Fed's Factory Index Dropped to 6.8 Bloomberg / Courtney Schlisserman

BofA hints at shake-up after earnings tumble FT / Ben White

Wall Street stoops to clean up its mess Marketwatch / David Weidner

MBA sees loan volume dropping through ’09 Orange County Register / Mathew Padilla

CO: Taxable value protests on rise Denver Post / Margaret Jackson

US commercial property set for tough year FT / Daniel Pimlott

Black Monday: Never again? LA Times / Walter Hamilton

Crude oil rises back above $88 on weaker dollar Marketwatch / Myra P. Saefong and Nick Godt

Gold Gains, Resuming Rally, on Demand From India; Silver Climbs Bloomberg / Claudia Carpenter

Poverty guidelines: Hurting or helping the poor? Marketwatch / Ruth Mantell

Face to interface The Economist

National and Regional Economic Conditions Federal Reserve Bank of Cleveland / Sandra Pianalto

Fed's Pianalto-U.S. economy healthy outside housing Reuters

Thursday’s Analysis / Marty Chenard

Treasurys Rise on Renewed Rate Cut Hopes AP via Forbes / Leslie Wines

U.S. Leading Economic Indicators Rose in September Bloomberg / Joe Richter

Buybacks in Treasury Cash and Debt Management Federal Reserve Bank of New York / Kenneth D. Garbade and Matthew Rutherford

U.S. Stocks Fall on Bank of America, Washington Mutual Earnings Bloomberg / Michael Patterson

The Crash of 1987 NY Post / John Crudele

Is Black Monday Behind Us? Forbes / Klaus Kneale

BofA earnings smacked 32% CNN / David Ellis

Jobless claims rise sharply AP via Houston Chronicle / Martin Crutsinger

PMI Group Expects Quarterly Loss on Borrower Defaults Bloomberg / Edward Evans and Erik Holm

Oil prices dip, but remain above $87 a barrel AP via Houston Chronicle / George Jahn

Dollar Falls to Record Low Versus Euro on Growth, Fed Outlook Bloomberg / Min Zeng

Social Security Peg Is a Fix Boomers Can Embrace Bloomberg / Amity Shlaes

Treasuries Little Changed as Traders Increase Bets on Rate Cut Bloomberg / Wes Goodman

Lawmakers Shudder at Tax Increase To Fix AMT Washington Post / Jeffrey H. Birnbaum

HSBC put under more pressure Telegraph / Philip Aldrick

Chinese growth 'to overtake US' Telegraph / Edmund Conway

China's Bid to Tame Economy Begins a Real Estate Bust Washington Post / Ariana Eunjung Cha

IMF lowers growth forecastsas Western economies weaken Independent / Sean O'Grady

UK: IMF says credit crunch may persist for months Telegraph / Edmund Conway

UK: Steady inflation figure fuels hope of cut in interest rates The Scotsman

UK: November rate cut on the cards Telegraph / Josephine Moulds

Core Inflation Remains Steady, Presenting a Puzzle to the Fed NY Times / Michael M. Grynbaum

CP Fund Adds New Opaque Layer to Pyramid Scheme Bloomberg / Mark Gilbert

Countrywide Chief Is Said to Face S.E.C. Inquiry NY Times / Gretchen Morgenson

JPMorgan Chase Posts a Profit, but Takes $2 Billion Write-Down NY Times / Eric Dash

Hong Kong's Hang Seng Index Rises Past 30,000; Sinopec Gains Bloomberg / Darren Boey



Fed's Poole: cut only if confident won't rue move Reuters / Alister Bull

Wall St Week Ahead: Signs of slowdown eyed in earnings deluge Reuters / Jennifer Coogan

Stocks drop on Black Monday anniversary Newsday / Susan Harrigan

Greenspan questions superfund FT / Krishna Guha and David Wighton

Be wary of 'one-way' forex bets, euro official warns Marketwatch / William L. Watts

Federal Reserve Events Reuters

The Mixing of Banking and Commerce: A Conference Summary pdf Federal Reserve Bank of Chicago / Nisreen H. Darwish and Douglas D. Evanoff

The Role of Securitization in Mortgage Lending Federal Reserve Bank of Chicago / Richard J. Rosen

Corporate Access to External Financing Federal Reserve Bank of San Francisco

Where Were The Realtors? Forbes

Company Debt Risk Rises the Most in Two Months on SIV Concerns Bloomberg / Shannon D. Harrington and Bryan Keogh

Two-Year Treasuries Rise Most Since Sept. 11 Attacks on Credit Bloomberg / Sandra Hernandez and Deborah Finestone

Bonds rally on safe-haven bid as stocks tumble Reuters / Ellen Freilich

Dow Plays Dead Forbes / Steve Schaefer

Brutal selloff on Wall Street CNN / Alexandra Twin

Wall Street sinks on '87 crash anniversary Reuters / Kristina Cooke

Oil Futures Retreat From $90 Record AP via Chicago Tribune / John Wilen

Monetary Policy under Uncertainty Federal Reserve Board / Ben S. Bernanke

Fed Chairman Bernanke outlines policymaker considerations AP via Dallas Morning News

Reflation Trades Bet Against Fed's Pessimism Bloomberg / Michael R. Sesit

Market tumbles on growth jitters, oil drop Reuters / Ellis Mnyandu

U.S. Stocks Decline on Earnings; Caterpillar, Wachovia Retreat Bloomberg / Michael Patterson

Friday’s Analysis / Marty Chenard

‘Black Monday’ investigator: Repeat unlikely Boston Herald / Jerry Kronenberg

McDonald's Profit Rises 27 Percent on Coffee, Chicken Bloomberg / Chris Burritt

Is glass half-full or half-empty? Marketwatch / Mark Hulbert

Caterpillar Cuts Forecast; Profit Misses Estimates Bloomberg / Courtney Dentch

Despite slow sales, 3M's earnings up 7% AP via CNN

Google rides Internet ad wave to another sparkling quarter AP via San Francisco Chronicle / Michael Liedtke

Xerox Posts Drop in 3rd-Quarter Profit AP via LA Times

Harley-Davidson 3Q profit down 15.3 pct AP via Houston Chronicle / Emily Fredrix

Treasurys rise as stocks trend lower AP via Houston Chronicle / Leslie Wines

Treasuries Rise as Concern Over Housing, Credit Increases Bloomberg / Sandra Hernandez and Deborah Finestone

TX: Foreclosures for November set area record Dallas Fort Worth Star Telegram / Sandra Baker

CA: Home sales in Bay Area crash to 20-year low after jumbo loan cuts San Francisco Chronicle / Carolyn Said

Dallas area's home sales are a mixed bag Dallas Morning News / Steve Brown

Outlook for surging mortgage delinquencies worsens CNN / Les Christie

$90 oil won't kill the bull Money via CNN / Michael Sivy

E.U. Likely To Finalize Reform Treaty Forbes / Oxford Analytica

Bad home loans cause loss for First Tennessee parent firm Tennessean / Naomi Snyder

Banking shares weaken; HBSC drops on downgrade Marketwatch / Sarah Turner

Wachovia's 3rd-quarter profit falls 10% Charlotte Observer / Rick Rothacker

Steep profit drop rattles BofA Charlotte Observer / Rick Rothacker

Florida jobless rate unchanged in September AP via South Florida Sun Sentinel


UK: City braced for repeat of Black Monday Telegraph / James Hall and James Quinn

Are oil prices at their highest? Houston Chronicle / Kristen Hays

CO: Crushing ARMs squeeze homeowners Denver Post / Aldo Svaldi

Gold and Stocks Have Been Holding Hands. Why? Marketwatch via NY Times / Mark Hulbert

Headline versus Core Inflation in the Conduct of Monetary Policy Federal Reserve Board / Frederic S. Mishkin

Mishkin Says Inflation Minus Food, Energy Is a `Better Guide' Bloomberg / Craig Torres and Greg Quinn

Will stocks face another 'Black Monday?' Marketwatch / Nick Godt

Stocks plunge as new wave of anxiety sweeps markets LA Times / Walter Hamilton and Tom Petruno

U.S. Stocks Fall Most in Two Months on Declining Bank Profits Bloomberg / Eric Martin

The end of Microsoft as we know it? Marketwatch / John C. Dvorak

Close Vote Seen on Chrysler Contract NY Times / Micheline Maynard

Dollar May Extend Drop After G-7 Fails to Address Record Slide Bloomberg / Bo Nielsen and Min Zeng

Dollar follows Paulson around like a bad penny Marketwatch

Paulson says economy remains strong CNN

Text of President Bush's weekly radio address Marketwatch

PA: Region's luxury home sales are hot Pittsburgh Tribune Review / Sam Spatter

CA: Jobless top 1 million in California LA Times / Lisa Girion

CA: O.C. job growth grinds to a halt in September Orange County Register / Andrew Galvin

Real Losses Have Nothing to Do With Money NY Times / Andrew Ross Sorkin

Financials look ripe, but when to pick? LA Times / Tom Petruno

E.T.F.’s Are Sailing Offshore. Should You Climb Aboard? NY Times / J. Alex Tarquinio

Paulson Urges IMF to Control `Unsustainable' Spending Bloomberg / Kevin Carmichael

Canada's Dodge says funds should not report to IMF Reuters


An End to the Beach House Loophole? Washington Post / Elizabeth Razzi

How the roof fell in on America's property gamblers Guardian – Observer / James Doran

Is it Meltdown Time for the US Economy? Brookes News via Safehaven / Gerard Jackson

Canada: One-night stands can't hold bank aloft, says Dodge Globe and Mail / Heather Scoffield

Fear of global slowdown as oil price soars Guardian – Observer / Heather Stewart and Tim Webb

Fund lessons from the crash of '87 Marketwatch / Chuck Jaffe

Greenspan Says Demand for U.S. Debt May Be at `Limit' Bloomberg / Kevin Carmichael and Simon Kennedy

Greenspan: Current account 'not a huge problem' Marketwatch / Rex Nutting

Asian stocks tumble on Wall Street sell-off Marketwatch / V. Phani Kumar

Halliburton earnings rise 19 percent AP via CNN

Genuine demand or over-ordering in tech? Marketwatch / Herb Greenberg

Janus manager asks 'What would Warren do?" and turns to home builders Marketwatch / Christopher Hinton

Bulls still on parade despite big plunge AP via CNN

Grocery chain loses $10 million in e-mail scam AP and Dallas Morning News

There's nothing shady about saving on taxes Journal News / Humberto Cruz

Emerging markets could be next bubble Marketwatch / Rex Nutting

World's Top Bankers Reserve Judgment on $80 Billion SuperSiv Bloomberg / Christine Harper

ECB Officials Say Inflation Risks Have Increased Bloomberg / Gabi Thesing and Meera Louis

Home Sales May Fall, Durable Orders Rise: U.S. Economy Preview Bloomberg / Courtney Schlisserman

Jumbos making a rebound San Francisco Chronicle / Kathleen Pender

Mortgage-rate spikes are stunning uninformed homeowners Pittsburgh Tribune Review / Gregory M. Drahuschak

More folks juggle income to buy food, gas, pay bills AP via Tennessean / Anne D’Innocenzio

The Gloomsayers Should Look Up NY Times / Ben Stein

Market Trends - Fourth-quarter forecast AP via Seattle Times

Price your financial advice in dollars, not percentage Dallas Morning News / Scott Burns

Prince of the CITI weighs heavy on investors hearts NY Post / Terry Keenan

Barclays, RBS line up emergency funds from US Fed – report Marketwatch

You're Not Super Rich? You Lucked Out. Wall Street Journal / Jonathan Clements

China sees 25.7 percent investment jump AP via Houston Chronicle

ECB May Have to Raise Interest Rates, Weber Says Bloomberg / Gabi Thesing and Michael Wudonig



Has another bubble popped? Marketwatch / Dr. Irwin Kellner

Margin Debt -- and Risk -- Is Growing Barron’s via Fiend’s SuperBear Page / Jack Willoughby

Ohio, California Big Borrowings Dominate Week's Municipal Sales Bloomberg / Jeremy R. Cooke

Boeing profits to rise on 737 sales; eyes on 787 Marketwatch / Laura Mandaro

Ceiling on Today's S&P Index Attempted Upside Reversal Mike's ETF Trading Diary via Market Oracle / Mike Paulenoff

'Sell all your mutual funds!' (Yes, all!) Marketwatch / Paul B. Farrell

Netflix wows Wall Street AP via CNN

Halliburton net income rises 19% Marketwatch / Steve Gelsi

Apple profit leaps 67 percent beating expectations AP via Houston Chronicle / May Wong

Apple Flies Ever Higher Forbes / Carl Gutierrez

U.S. Stocks Rise, Led by Technology, Bank Shares; Apple Gains Bloomberg / Eric Martin

Gold at 27 Year High; Platinum and Oil at Records Aden Forecast via Safehaven / Mary Anne and Pamela Aden

Copper, Oil Lead Commodity Declines; Demand May Slow Bloomberg / Millie Munshi and Danielle Rossingh

IMF: global economy outlook uncertain AP via Houston Chronicle / Harry Dunphy

IMF bail-outs: valuable function or out of touch? BBC News / Andrew Walker

100 years after the 1907 credit crunch BBC News / Jamie Robertson

Chicago Fed National Activity Index pdf Federal Reserve Bank of Chicago

Fed's Kroszner: Some credit markets still broken Marketwatch / Greg Robb

Treasurys mixed as stocks find support Marketwatch / Nick Godt

U.S. Treasuries Fall With Two-Year Yield Near Lowest Since 2005 Bloomberg / Deborah Finestone and Sandra Hernandez

Major Indexes Muscle Higher Investors Business Daily / Christina Wise

Airline shares take off on drop in oil prices Marketwatch / Laura Mandaro

U.S. Stocks Rise, Led by Banks, Builders; Beazer Homes Gains Bloomberg / Eric Martin

Home buyers may lose advice Charlotte Observer / Greg Lacour and Mike Torralba

Subprime Bailout: Taxpayer toll CNN / Jeanne Sahadi

California Fires Burn 100,000 Acres; Thousands Flee Bloomberg / Adam Satariano and Nancy Kercheval

Top for techies The Economist

Recent Events in Financial Markets Federal Reserve Board / Randall S. Kroszner

Fed official: Bank will protect economy AP via Dallas Fort Worth Star Telegram / Jeannine Aversa

Monday’s Analysis / Marty Chenard

Morgan Stanley lifts rating on Walgreen Co. AP via Chicago Tribune

Newspapers down but definitely not out Fortune via CNN

Wall Street superfund: Not so super CNN / Grace Wong

No easy fix for housing mess Chicago Sun Times / Terry Savage

Retailers see recession-like spending AP via Cincinnati Enquirer / Anne D’Innocenzio

Private College Costs Hit $32,307, Biggest Jump in Six Years Bloomberg / Brian Kladko

Federal Reserve Events Reuters

Oil, Metals Fall on Concern Credit-Market Rout May Hurt Demand Bloomberg / Grant Smith and Alexander Kwiatkowski

Oil falls to $87 Reuters

Dow, S&P down on credit worries; Nasdaq up Reuters

Stock markets around the world tumble in wake of Dow plunge AP via Houston Chronicle / Madlen Read

Muni bonds' home-state edge at risk LA Times / Tom Petruno

Paulson Stakes His Legacy on Subprime Bailout Bloomberg / Kevin Hassett

U.S. Housing Decline Threatens to Last Into 2009 Bloomberg / John F. Wasik

Business conditions deteriorate, outlook dims-NABE Reuters

Bear Stearns strikes $1 billion deal with Chinese bank AP via Chicago Tribune

High on High Yields Bond Buyer / Matthew Posner

Chin Sees Busy MSRB Agenda Bond Buyer / Andrew Ackerman

GM Retakes Sales Lead Over Toyota on Emerging Markets Bloomberg / Naoko Fujimura and Tetsuya Komatsu

South struggles to cope with drought Christian Science Monitor / Patrik Jonsson

SIV Shock, Inflation Make U.S. Treasury Notes Unbeatable Bonds Bloomberg / Daniel Kruger and Liz Capo McCormick

Mortgage Security Bondholders Facing a Cutoff of Interest Payments NY Times / Vikas Bajaj

U.S. Two-Year Yield Falls to Lowest Since 2005 as Stocks Tumble Bloomberg / Wes Goodman

Buyers Pounce as Homes Go on the Block NY Times / John Leland

Big banks accept blame for global credit turmoil Telegraph / Gary Duncan

How Many Site Hits? Depends Who’s Counting NY Times / Louise Story

U.S. Dollar Declines to Record Against Euro After G-7 Meeting Bloomberg / David McIntyre

Yen Rises to Six-Week High; G-7 Shows Concern on Global Growth Bloomberg / Kosuke Goto and Ron Harui

Australian, New Zealand Dollars Fall Versus Yen on Stocks Slide Bloomberg / David McIntyre


Cheaper to Freeze to Death Daily Reckoning via Safehaven / Mogambo Guru

Congress To Google: Don't Sell Out To Censors Forbes / Andy Greenberg

Oil drops below $85 in Asian trading AP via Beaufort Gazette / Gillian Wong

Russian Attacks on Foreigners Grow With Economy's Need for Them Bloomberg / Celestine Bohlen

Earnings Extend Rally / Mark Glassman

Credit Crunch Still Has a Ways to Go / James B. Stewart

Amazon Parties Like It's 1999 Forbes / Melanie Lindner

SIV Defaults May Prompt Others to Close Their Doors Bloomberg / Bryan Keogh

Cash back The Economist

Marc Faber Says Fed `Like a Bartender' Cutting Rates Bloomberg / Pimm Fox and Eric Martin

Asia extends gains as exporters lift Tokyo Marketwatch / V. Phani Kumar

Pilots at American Airlines seek 49 percent pay raise AP via Houston Chronicle / David Koenig

Stocks Finish Higher on Earnings Reports AP via Chicago Tribune / Joe Bel Bruno

Wal-Mart says sales growth will slow AP via Houston Chronicle / Marcus Kabel

Roll out the $100 barrel? The Economist

Treasurys rise on Merrill Lynch concerns AP via CNN

Calif. fires force nearly 1M from homes USA Today / William M. Welch

Insurers face more than $500M in losses from wildfires USA Today / Kathy Chu

Rosy forecasts carry economic health warning FT / Martin Wolf

US results point to weaker economy FT / Justin Baer and Francesco Guerrera

Countrywide: The Good, The Bad, Or The Ugly? Forbes / Ruthie Ackerman

KS: Wichita's market for existing homes could break record Wichita Eagle / Bill Wilson

Iraq war's creeping costs CNN / Steve Hargreaves

Dollar slips vs. euro but slightly up vs. yen Marketwatch / Lisa Twaronite

SIFMA Releases Amended and Restated Money Market Trading Practice Guidelines SIFMA

U.S. Subprime Loan Turmoil and Japanese Credit Markets Pimco / Koyo Ozeki

Chicago Fed chief hints at 2nd rate cut as insurance Chicago Tribune / Bill Barnhart

Staring into Countrywide's abyss CNN / Chris Isidore Profit Quadruples on Sales of Electronics, Jewelry Bloomberg / Heather Burke

U.S. Stocks Advance on Earnings; Apple, American Express Rally Bloomberg / Lynn Thomasson

State Farm, Farmers Have 1,500 Claims From Fire, Wind Bloomberg / Erik Holm

Paulson Warns Congress to Act on AMT Washington Post / Jeffrey H. Birnbaum

AMT: If Congress waits, refunds to be delayed CNN / Jeanne Sahadi

The Almost Unknown Precious Metal Tactical Investor via Safehaven / Sol Palha

Greenspan Says Commercial Paper, SIV's Created `State of Fear' Bloomberg / Scott Lanman and Mario Parker

Freddie Mac Woes Foreshadowed Washington Post / David S. Hilzenrath

Indexes Pare Gains, Big Cap Techs Hold Ground Investors Business Daily / Alan R. Elliott

Tuesday’s Analysis / Marty Chenard

Don't fear the boomer Money via CNN / Walter Updegrave

What's Behind the Fed's Aggressive Interest-Rate Cut? Ludwig von Mises Institute / Frank Shostak

Philadelphia Fed Analysis: State Employment pdf Federal Reserve Bank of Philadelphia

Hedge Funds Attracted $45.2 Billion in Third Quarter Bloomberg / Jenny Strasburg

Companies must plan to fill void left as boomers retire LA Times / Molly Selvin

Utah home sales market solid despite numerous challenges Salt Lake Tribune / Lesley Mitchell

Californians hit hardest by gasoline price surge LA Times

Loonie headed higher again Globe and Mail / John Partridge

Canada: Retail sales top forecasts Globe and Mail / Tavia Grant

Junk Bonds Getting Junkier / Stephen Taub

Bankers' Ranks to Be Thinned By Bloodletting to Come Bloomberg / Joe Mysak

Treasurys fall as stocks advance on tech earnings Marketwatch / Nick Godt

Fed Signals Support for Paulson Plan to Help Commercial Paper Bloomberg / Craig Torres

Countrywide offers help for reset shock CNN

Countrywide to Refinance Up to $16 Billion of Loans Bloomberg / Sebastian Boyd

How tax code will be adjusted for inflation next year San Francisco Chronicle / Kathleen Pender

Proposed mortgage rules face hurdles LA Times / Jonathan Peterson

U.S. Stock-Index Futures Gain; Apple, American Express Advance Bloomberg / Henrietta Rumberger and Lynn Thomasson

UPS 3Q profit rises AP via Houston Chronicle / Harry R. Weber

AT&T Reports 3Q Profit of $3.1 Billion AP via LA Times / Michelle Roberts

Amazing Amazon Forbes / Brian Caulfield

Oil’s Rise a Ruse NY Post / John Crudele

Crude oil futures rebound after steep decline Marketwatch / Polya Lesova

Dollar falls again to euro AP via Houston Chronicle

Flowers, Sallie have court date NY Post / Zachery Kouwe

How to build a bailout Marketwatch / David Weidner

Treasuries Little Changed Before Inflation-Protected Note Sale Bloomberg / Wes Goodman

The dollar is falling, but American businesses are smiling Daily Standard / Irwin M. Stelzer

Now, a shakier stock market Christian Science Monitor / Ron Scherer

Asian Stocks Climb, Led by Mitsubishi UFJ, Banks; Posco Jumps Bloomberg / Chua Kong Ho and Patrick Rial

Earnings Reports Give Markets a Respite NY Times / Michael M. Grynbaum

265,000 flee as fires torch Southern California Marketwatch / Barbara Kollmeyer and Russ Britt

Crude Oil Falls a Third Day as U.S. Stockpiles May Have Risen Bloomberg / Christian Schmollinger and Gavin Evans

Hold on, we're at the bumpiest part Telegraph / Tom Stevenson

UK: Personal debt could sink ss Great Britain Telegraph / Damian Reece


Roots of credit crisis laid at Fed's door Marketwatch / Greg Robb

SIFMA Primary Dealers Survey Forecasts Higher Net Total Treasury Issuance This Quarter SIFMA

Credit and Lending Lessons Learned Mortgage Bankers Association / John M. Robbins

H.R. 3915 – The Mortgage Reform and Anti-Predatory Lending Act of 2007 Mortgage Bankers Association

Refinance Applications Increase In Latest MBA Weekly Survey Mortgage Bankers Association

Consumers hang in but economy slowing McClatchy / Kevin G. Hall

MI: Detroit Area Business Activity Index declines Detroit Free Press / Bowdeya Tweh

Domestic automakers want action on weak yen Detroit Free Press / Justin Hyde

Fed stays quiet on rate cut rumor Reuters

Bank of America cuts 3,000 jobs Reuters / Jonathan Stempel

Dow reverses course, finishes flat CNN / David Ellis

Level 3 shares fall 24% as company admits problems Rocky Mountain News / Jeff Smith

Bloody Wednesday Ends With Late Rally Forbes / Steve Schaefer

Merrill's Average Pay Slides 27% in First Nine Months Bloomberg / Christine Harper

Merrill Lynch Losses Underline Subprime Fears Washington Post / Tomoeh Murakami Tse, Renae Merle and Howard Schneider

Oil prices head back toward highs BBC News

Market cuts losses on Fed rate-cut talk Reuters

Home builders: Worst is yet to come CNN / Chris Isidore

The Community Reinvestment Act and fair lending examination processes Federal Reserve Board / Sandra F. Braunstein

Fed: Mortgage reform should not hurt securitization Reuters

“Wishin’ and Hopin’ for a Recession” National Review / Greg Kaza

Reeling Cantor Debt Big Leaves NY Post / Roddy Boyd

New Study: Securities Arbitration Is Fair; Faster, Less Expensive than Litigation Bond Market Association

Legislative Proposals on Reforming Mortgage Practices FDIC / Sheila C. Bair

New York Fed Welcomes Equity Derivative Client On-boarding Strategy Federal Reserve Bank of New York

Small is beautiful The Economist

What To Learn From Maytag Lew Rockwell / Gary North

Cost of 'War on Terror' could rise to $2.4 trillion CNN / Steve Hargreaves

Many iPhones go unconnected Baltimore Sun

Legislative proposals on reforming mortgage practices Federal Reserve Board / Randall S. Kroszner

Wall Street Wants 50, Fed May Give Zip for Now Bloomberg / John M. Berry

Oil surges after surprise inventory drop CNN / Keisha Lamothe

Moody's Profit Falls 13% as Credit Slump Slows Demand Bloomberg / Sarah Rabil

Treasury prices up on home sale decline AP via Houston Chronicle / Leslie Wines

Treasuries Rise as Merrill Losses Raise Rate-Cut Speculation Bloomberg / Deborah Finestone and Sandra Hernandez

Wednesday’s Analysis / Marty Chenard

Market falls further after housing data Reuters

U.S. Economy: Existing Home Sales Decline More Than Forecast Bloomberg / Bob Willis

Home sales sink 8% CNN

FL: With foreclosures, everyone loses Orlando Sentinel / Mary Shanklin

SC: Housing stable in Columbia area The State / Kristy Eppley Rupon

Bad to Worse At Merrill Forbes / Andrew Farrell

Motorola Shows A Glimmer Of Hope Forbes / Elizabeth Woyke

Boeing's 3rd-quarter profits soar on high demand for passenger jets Chicago Tribune / James P. Miller

Amazon prospers but fails to please Seattle Times / Amy Martinez

CA: Fires won't hurt long term, economists say LA Times / Peter Y. Hong and Andrea Chang  

We may not like the financial engineering that would be exposed Marketwatch / Todd Harrison

Merrill Lynch to Report $2.5 Billion in Added Loss NY Times / Jenny Anderson and Landon Thomas, Jr.

U.S. Notes Rise; Report May Show Sales of Existing Homes Fell Bloomberg / Wes Goodman

Sales of U.S. Existing Homes Probably Dropped to Six-Year Low Bloomberg / Bob Willis

MA: Foreclosure fallout Boston Herald / Jerry Kronenberg

MA: Property auctions: where the action is Boston Herald / Scott Van Voorhis

Bullish bargain hunting from the inside Marketwatch / Mark Hulbert

California's age of megafires Christian Science Monitor / Daniel B. Wood

Yuan Advances Past 7.5 for First Time Since End of Dollar Link Bloomberg / Belinda Cao and Aaron Pan

Australian Core Inflation Rate Rises Most in 16 Years Bloomberg / Victoria Batchelor and Gemma Daley

European October Services Growth Probably Accelerated on Banks Bloomberg / Ben Sills

Military spending: up and away Christian Science Monitor / Peter Grier

Higher health-care costs are forcing Americans to change behavior Marketwatch / Kristen Gerencher

Lawmakers Calling for AMT Relief Bond Buyer / Humberto Sanchez

Clinton, Giuliani Overshadow Field for 2008 Race, Poll Shows Bloomberg / Heidi Przybyla and Edwin Chen

Japan's Exports Grow at Slowest Pace in Two Years on U.S. Slump Bloomberg / Lily Nonomiya

CA: A quick but orderly evacuation Christian Science Monitor / Candice Reed

Japan's Economy Can't Afford 43% Housing Plunge Bloomberg / William Pesek



The peril for markets when computers miscalculate The Economist

Spooking investors The Economist

Techs Lead Midday Slump Investors Business Daily / Vincent Mao

Oil, Data Slam Dow / Mark Glassman

Magic-carpet ride The Economist

Fed Is Mulling More Frequent Forecasts, Officials Say Bloomberg / Scott Lanman

MBIA's $1.8 Billion SIV Having Trouble Raising Money Bloomberg / Christine Richard

MBIA Reports First Loss on Slump in Mortgage Debt Bloomberg / Christine Richard

Asset-Backed Commercial Paper Falls for 11th Week Bloomberg / Bryan Keogh

Setting the bar high The Economist

Oil hits record above $90 on OPEC report AP via Detroit News / John Wilen

EU: Congratulations! It's triplets! The Economist

Bonds tread water after data, await Fed Reuters / Anastasija Johnson

Stocks in mid-day muddle CNN / Steve Hargreaves

Thursday’s Analysis / Marty Chenard

Motorola Has First Profit in Three Quarters on Cuts Bloomberg / Ville Heiskanen

Comcast Declines as Phone Subscribers Miss Analysts' Estimates Bloomberg / Gillian Wee

Comcast’s phone business is up, but it lost TV customers in the latest quarter Philadelphia Inquirer / Bob Fernandez

U.S. mortgage rates drop Marketwatch / Amy Hoak

New home sales hammered again CNN / Chris Isidore

FL: Economist: Rapid new-home construction decline bodes well for faster turnaround Orlando Sentinel / Jerry W. Jackson

Metals Rebound on Strong China Growth AP via San Francisco Chronicle / Lauren Villagran

Who’s The Fed Chairman Talking With Now NY Post / John Crudele

Fed adds $31 bln reserves: biggest day in 2 weeks Reuters

Agencies Issue Final Rules on Affiliate Marketing Federal Reserve Board

Giant tax overhaul bill unveiled CNN / Jeanne Sahadi

Insider dealing still under scrutiny at Commerce Bancorp Philadelphia Inquirer / Harold Brubaker

Upholding The Spirit Of CRA FDIC / Sandra L. Thompson

Call Forbes / Liz Moyer

Ken, We've ALL Had Too Much Investment Bank `Fun' Bloomberg / Mark Gilbert

Orders for Durable Goods in U.S. Unexpectedly Fell Bloomberg / Shobhana Chandra

Jobless Claims Show Small Improvement AP via Forbes

Drop in equipment orders raises US economy fears FT / Daniel Pimlott

New home sales up by 4.8 percent AP via Houston Chronicle / Martin Crutsinger

Fed will cut again, predicts former official FT / Krishna Guha

Subprime Roadmap Laid Out in Gramlich's Last Act Bloomberg / Gene Sperling

More hands in the oil barrel AP via Charlotte Observer / Rob Gillies

Nervous traders push oil prices back up AP via Houston Chronicle / George Jahn

Credit flu worsens for BofA, Merrill LA Times / Walter Hamilton

Krugman Veers to Left, Longs for a New New Deal Bloomberg / Caroline Baum

Jim Rogers quits dollar after declaring US recession Telegraph / Mark Kleinman

Treasury Notes Are Little Changed; New Home Sales May Decline Bloomberg / Wes Goodman

U.S. Interest-Rate Swap Rate Below Europe's, First Since 2004 Bloomberg / Liz Capo McCormick

Stan O'Neal's 8 billion reasons to dump the CEO Marketwatch / David Weidner

A Tax Plan as Trial Run for ’09 Law NY Times / Edmund L. Andrews

Shanghai stocks drop sharply, rest of Asia mixed Marketwatch / V. Phani Kumar

China beats Germany to take world trade crown Telegraph / Ambrose Evans-Pritchard and Mark Kleinman

UK financial system at risk from new shocks, says Bank London Times / Gabriel Rozenberg and Christine Seib

BOE Says Banks Vulnerable to `Shocks' After Credit Collapse Bloomberg / Jennifer Ryan

UK: A trio of investment Jeremiahs to chill your blood Telegraph / Tom Stevenson

China's GDP growth eases slightly in third quarter Marketwatch / Chris Oliver

Reports Suggest Broader Losses From Mortgages NY Times / Vikas Bajaj and Edmund L. Andrews

FL: Broward home sales continue skid South Florida Sun Sentinel / Marcia Heroux Pounds

London Hands Back Finance-Hub Status to New York Bloomberg / Matthew Lynn

China's Growth Tops 11% Again, Adding Yuan Pressure Bloomberg / Nipa Piboontanasawat and Li Yanping

South Korea's Economy Grows 1.4% on Consumer Spending Bloomberg / Seyoon Kim

Yen Climbs as U.S. Housing Slump Dulls Appeal of Carry Trades Bloomberg / Kosuke Goto and Stanley White


Financial Instability and the Federal Reserve as a Liquidity Provider Federal Reserve Board / Frederic S. Mishkin

Stocks hope for a Halloween rate cut Reuters / Cal Mankowski

Southwest Economy – October pdf Federal Reserve Bank of Dallas

Do Federal Funds Futures Need Adjustment for Excess Returns? A State-Dependent Approach pdf Federal Reserve Bank of Kansas City / Brent Bundick

New England Economic Indicators – October pdf Federal Reserve Bank of Boston

Vonage stock gains after settlement Marketwatch / Jeffry Bartash

Survey of Tenth District Manufacturers Federal Reserve Bank of Kansas City

Moody's Cuts Ratings on CDOs Tied to Subprime Bonds Bloomberg / Jody Shenn and Shannon D. Harrington

Crude-oil futures close at record high of $91.86 Marketwatch / Polya Lesova

U.S. Stocks Rally on Microsoft Profit, Countrywide Forecast Bloomberg / Lynn Thomasson

CA: Billions in housing wealth at risk as foreclosures soar San Francisco Chronicle / Kelly Zito

CO: Apartment market tightest in six years but rents dip Rocky Mountain News / John Rebchook

US dollar touches a new euro low BBC News

Treasury yields slip as Fed steals focus from stocks Marketwatch

S&P, Moody's, Fitch, Probed by Connecticut on Ratings Bloomberg / Sarah Rabil and Mark Pittman

Oil Retreats From $92 on Profit-Taking AP via Chicago Tribune / John Wilen

Drinking The Kool-Aid Forbes / Steve Schaefer

Countrywide: $1.2B loss now, but profit soon CNN / Chris Isdore

U.S. Homeownership Falls in Longest Slide Since 1981 Bloomberg / Bob Willis

Lending turmoil hands Countrywide a $1.2-billion loss LA Times via South Florida Sun Sentinel / E. Scott Reckard

For sale: 2 million empty homes CNN / Chris Isidore

Once housing turns, recovery could be fast Sacramento Bee / Jim Wasserman

Here comes $100 oil, and $3 gas CNN / Steve Hargreaves

Friday’s Analysis / Marty Chenard

Stocks In The Coming Decade Forbes / John C. Bogle

Stock offering an eye opener NY Post / Roddy Boyd

Chinese stocks FT / John Authers

SEC: Insider Trading Rampant Reuters via NTY Post

Merrill’s Chief Is Said to Consider a Bid to Merge NY Times / Jenny Anderson and Landon Thomas, Jr.

Mexicans Miss Money From Relatives Up North NY Times / Elisabeth Malkin

Argentine Debt Devastated by Data Suspicion, Election Bloomberg / Lester Pimentel

Mexico Central Bank Unexpectedly Raises Rate to 7.50% Bloomberg / Patrick Harrington


'Titanic' Tactics When the Fed Hits an Iceberg Lew Rockwell / Gary North

As the Subprime Turns Thoughts From The Frontline via Safehaven / John Mauldin

You Want to Know Why You Feel Like You are Struggling Financially? Technical Indicator Index via Safehaven / Robert McHugh

On Track for U.S. Collapse Lew Rockwell / Michael S. Rozeff

Merrill: Where Was The Board? Forbes / Liz Moyer

Oct. auto sales look slow, with Ford falling hardest AP via Lansing State Journal

Will pain at the pump lower consumption? Philadelphia Inquirer / Harold Brubaker and Sandy Bauers

CA: Home loan defaults soaring Sacramento Bee / Jim Wasserman

U.S. stocks turn to Fed for direction next week Marketwatch / Nick Godt

Crude oil nearing $100 Boston Herald / Jay Fitzgerald

Home buyers find bargains as downturn lingers in South Florida South Florida Sun Sentinel / Paul Owers

Text of President Bush's weekly radio address Marketwatch

Inflation fears not registering LA Times / Tom Petruno

Treasury Yield Curve Steepens to Widest in Month Before Fed Bloomberg / Sandra Hernandez

This Time, Housing Is Taking Department Stores Down With It NY Times / Floyd Norris and Michael Barbaro

Globalization and the End of the Guns and Butter Economy KWR International / Scott B. MacDonald

Mounting cost of beer ingredients could send prices hopping Dallas Morning News

Merrill CEO Under Pressure to Resign on Record Loss Bloomberg / Bradley Keoun

The Price of Any Departure Will Be at Least $159 Million NY Times / Eric Dash

Merrill chief rumored to be on verge of being ousted LA Times / Walter Hamilton

Mortgage industry facing more troubles AP via Seattle Post Intelligencer / Stephen Bernard

As Housing in Florida Plummets, the Top Tier of the Market Just Dips NY Times / Geraldine Fabrikant

Feds can't rescue homes AP via Cincinnati Enquirer / Alan Zibel

Airlines struggle to keep pace with soaring fuel costs Dallas Fort Worth Star Telegram / Trebor Banstetter

Dollar Falls to Record Low Versus Euro Before Fed Rate Meeting Bloomberg / Bo Nielsen



Weak dollar, not housing collapse, is biggest worry Milwaukee Journal Sentinel via Fiend’s SuperBear Page / Tom Saler

Deep pockets could paper over SIV troubles St. Louis Post Dispatch / David Nicklaus

NYSE Can Forget The Hybird NY Post

Confusing Investor Picture Emerging NY Post / Terry Keenan

TX: Observers largely positive about local economy in months ahead Houston Chronicle

Fed likely to cut rates despite stellar growth Marketwatch / Rex Nutting

Merrill CEO Stan O'Neal Decides to Leave, WSJ Reports Bloomberg / Chris Dolmetsch and Bradley Keoun

How America must handle the falling dollar FT / Lawrence Summers

Crude oil price likely to hit peak FT / Javier Blas

A Half, a Quarter or None? NY Times / Conrad De Aenlle

Credit chaos to force fresh US rate cut Guardian – Observer / Heather Stewart

Housing Slump May Reduce Payrolls, Growth: U.S. Economy Preview Bloomberg / Joe Richter

Maybe Inflation Is More Than a Sideshow US News and World Report  via NY Times / Paul J. Lim

IL: Credit standards for obtaining mortgage tightened Chicago Tribune / Tami Luhby

High-yielding junk bonds are luring investors back Chicago Tribune via Baltimore Sun / Andrew Leckey

Merrill's Former Chief Tully Calls Losses `Sickening' Bloomberg / Bradley Keoun

The Survivor NY Times / Jenny Anderson

O'Neal's exit from Merrill 'only a matter of timing' Guardian – Observer / James Doran

Pledging Allegiance to the United States of Hedge Funds NY Times / Ben Stein

MA: City bank endures bad-loan crewcut Baltimore Sun / Jay Hancock

Traders await Fed's final steps, turn an eye toward election Pittsburgh Tribune Review / Gregory M. Drahuschak

Factors converged to send oil prices gushing Houston Chronicle / David Ivanovich

As dollar grows frail, importers not worried – yet Pittsburgh Tribune Review / Thomas Olson

Wall Street Sees Fed Cut Ahead Wall Street Journal

Loan Mess Muddles Dividend Strategy Wall Street Journal / Ian Salisbury

Pay to Be Taxed By Social Security Breaks $100,000 Wall Street Journal / Tom Herman

IMF must check Chinese policy to stop ballooning exchange rates Guardian – Observer / William Keegan


Double-digit California home price drop seen Reuters via Washington Post / Peter Henderson

Why O'Neal is different Marketwatch / David Weidner

The Solution is the Problem Think, Invest via Safehaven / Charles Zentay

Bubbles or Balloons? Clif Droke Market Analysis via Safehaven / Clilf Droke

Boeing to repurchase up to $7B shares AP via CNN

Beazer's Ending It All Forbes / Ruthie Ackerman

Falling US rates raise carry trade questions FT / Peter Garnham

Bond market's faith restored? Marketwatch / Mark Hulbert

Fitch May Cut Credit Ratings on $36.8 Billion of CDOs Bloomberg / Mark Pittman and Jody Shenn

Exceptions to the law of supply and demand Marketwatch / Dr. Irwin Kellner

Fed to cut rates to manage risks, analysts say Marketwatch / Greg Robb

Fed likely to cut rates a quarter-point on Wednesday McClatchy / Kevin G. Hall

How a Fed rate cut raises oil prices CNN / Steve Hargreaves

What will World War IV cost? Marketwatch / Paul B. Farrell

UBS warns: U.S. mortgages could sting AP via CNN

China lets its yuan creep higher against dollar Marketwatch / Lisa Twaronite

Sweep draws second-lowest ratings ever for World Series AP via Boston Herald

Are rising obesity rates linked to U.S. farm aid? McClatchy / Rob Hotakainen

US mortgage rates unchanged on Monday – BestInfo Reuters

Inventories: A Recession Trigger? Morgan Stanley / Richard Berner

Shadow Dancing Pimco / Bill Gross

Bond insurers seen as next victim of squeeze FT / Stacy-Marie Ishmael and Paul J Davies

Emerging debt-Prices rise on Fed hopes, Argentina and oil Reuters / Walter Brandimarte

Treasury Yield Curve Flattens as Bets on Half-Point Cut Dwindle Bloomberg / Elizabeth Stanton and Sandra Hernandez

Pimco's Gross Expects Fed to Cut Rates to 3.5 Percent Bloomberg / Deborah Finestone

Phoenix, Louisiana Lead Muni Sales; Rates Rise on Slack Demand Bloomberg / Jeremy R. Cooke

Fed officials to weigh another rate cut AP via Houston Chronicle / Jeannine Aversa

Has Risk Management in Private Equity Kept Pace With Rapid Growth pdf Federal Reserve Bank of Chicago / William Mark and Steven VanBever

Vultures eyeing mortgage corpse CNN / Grace Wong

Major Indexes Close Ahead Investors Business Daily / Christina Wise

Mark-to-Make-Believe Accounting Claims a Victim Bloomberg / Jonathan Weil

Commodities rally as U.S. dollar slumps AP via Houston Chronicle / Lauren Villagran

The Definition of a Sovereign Wealth Fund Morgan Stanley / Stephen Jen

UK: Fallout from the Recent Credit Crunch: Plenty to Worry About Morgan Stanley / David Miles

South Jersey Business Survey Federal Reserve Bank of Philadelphia

Treasury prices lose momentum AP via Houston Chronicle / Leslie Wines

Gold futures nears $800 as dollar dips ahead of Fed Marketwatch / Nick Godt

Focused on the Fed Mark Glassman

Wall Street up on thoughts of Fed rate cut ahead Marketwatch / Kate Gibson

Monday’s Analysis / Marty Chenard

Humana stock leaps as profit soars; forecasts lifted Marketwatch / Angela Moore and Russ Britt

RadioShack swings to a third-quarter profit AP via Houston Chronicle

Vendor Allowances Could Trip Office Depot / Stephen Taub

Rate Outlook Undercuts Dollar Forbes / Parmy Olson

Another bad week for mortgage industry AP via Charlotte Observer / Stephen Bernard

Grains, soybeans rise on CBOT AP via Seattle Post Intelligencer

Bernanke, `Reluctant' to Cut Rates, May End Up Doing So Anyway Bloomberg / Rich Miller

Bond Funds With $155 Billion Imperiled If U.S. Court Voids Law Bloomberg / Greg Stohr and Jeremy R. Cooke

Citigroup: 'Gimme shelter' Fortune via CNN / Allan Sloan

Office Depot Shares Plunge After Earnings Report Is Delayed Bloomberg / Heather Burke

Market opens up on rate cut expectations Reuters

Verizon profit drops 34% in on taxes AP via Chicago Tribune

Kellogg's 3Q Profit Up, Warns on 2008 AP via San Francisco Chronicle / James Prichard

Rangel's `Mother of All' Tax Bills Is `Psycho' Bloomberg / Kevin Hassett

Inflation in China KWR International / Dale Smith

Oil Rises to Record Above $93 a Barrel AP via Forbes / Gillian Wong

Dollar's Demise Can Be Seen Even in the Maldives Bloomberg / William Pesek

What Kind of Caution by the Fed This Time? NY Times / Edmund L. Andrews

Treasury Rally Augured by Consumer Aversion to Borrowing Costs Bloomberg / Elizabeth Stanton

At Merrill, a Risk-Taker’s Rise Ends With a Messy Undoing NY Times / Landon Thomas, Jr. and Jenny Anderson

In Chicago, a Rowdy Trading Scene Grows Quieter NY Times / Niko Koppel

Thompson alone tackles entitlements Christian Science Monitor / Linda Feldmann

Horse Race Prevails in Campaign Reporting NY Times / Katharine Q. Seelye

Germany coming up fast in Euro race Telegraph / Ambrose Evans- Pritchard

China Overtakes U.S. in Top 10 Companies as China Life Surges Bloomberg / Chua Kong Ho

China's Yuan Rises Most Since Dollar Link Ended in July 2005 Bloomberg / Kim Kyoungwha

Dollar Falls to Record Low Versus Euro Before Fed Rate Meeting Bloomberg / Chris Young

Crude Oil Rises to Record on Turkey-Iraq Tensions, Nigeria Bloomberg / Angela Macdonald-Smith


Gold close to 27-year high, but gold timers restrained Marketwatch / Mark Hulbert

MBA’s Kittle: Bankruptcy Reform Legislation Will Cost Consumers Mortgage Bankers Association

Danger of recession looms, with early 2008 seen as most treacherous period Marketwatch / Greg Robb

Hawks, Doves, Vultures, and Chicken Littles National Review / Jerry Bowyer

Dollar likely to drop no matter what Fed does Marketwatch / Lisa Twaronite

Haunted houses on Wall Street Marketwatch / Todd Harrison

The Ghosts of Halloween Haunt the US Dollar SirChartsAlot via Safehaven / Gary Dorsch

Try big U.S. firms for exposure abroad San Francisco Chronicle / Kathleen Pender

U.S. investors should look north and south for stocks Marketwatch / Bill Donoghue

Weak dollar draws foreign online buyers AP via Houston Chronicle / Madlen Read

Why a Fed cut won't save Christmas CNN / Parija B. Kavilanz

Halloween scares up $7 billion in spending St. Petersburg Times via The State / Mark Albright

Dow Falls Before Fed / Mark Glassman

America's big, fat housing inventory Business Week via MSNBC / Maya Roney

Shake-ups on the Street CNN / Grace Wong

CA: Cost of fire damage to crest $2 billion, institute estimates San Diego Union Tribune / Dean Calbreath

NY: Bloomberg Orders City Hiring Freeze, Budget Cuts Bloomberg / Henry Goldman

The rising cost of Champagne CNN / Suzanne Kapner

The $915B bomb in consumers' wallets Fortune via CNN / Peter Grumbel

Fed seen set to take out recession insurance policy Marketwatch / Rex Nutting

Minority-owned banks FDIC via Federal Reserve Board / Sandra F. Braunstein

Odds of no Fed action increase AFX via Forbes

Stocks fall on profit warnings and cloudy Fed view Marketwatch / Kate Gibson

Tuesday’s Analysis / Marty Chenard

Will They or Won't They? / Mark Glassman

Qwest Profit Misses Estimates as Internet Sales Slow Bloomberg / Crayton Harrison

Mergers Overtake 2006 Record After Busiest Month in Three Bloomberg / Ambereen Choudhury

Treasuries Little Changed as Consumer Confidence Decreases Bloomberg / Elizabeth Stanton and Sandra Hernandez

Herd’s head trampled The Economist

Deposit Nation / Anne Kadet

Crude oil record may fuel gas hike Denver Post / Steve Raabe

Adjustable-rate mortgage? Here comes the junk mail Tacoma News Tribune

Re: Hi The Economist

Bush Chides Congress on Spending Bills AP via Washington Times / Ben Feller

Paulson: U.S. can overcome subprime crisis AP via Beaufort Gazette

`Powerhouse' Mishkin May Provide Clues to Bernanke's Rate Plans Bloomberg / Scott Lanman

What's on the Fed's mind now? Chicago Tribune / Bill Barnhart

How A Fed Interest Rate Cut May Backfire NY Post / John Crudele

Fed likely sharpening knife; some hope cut will be deep McClatchy via Seattle Times / Kevin G. Hall

Consumer confidence lowest since 2005 AP via CNN

U.S. Consumer Confidence Fell More Than Forecast Bloomberg / Shobhana Chandra

S&P/Case-Shiller Home Prices Fell 4.4% in August Bloomberg / Courtney Schlisserman

Treasurys gain as confidence drops to 2-yr-low Marketwatch / Nick Godt

Let's All Blame the Rating Companies for Everything Bloomberg / Joe Mysak

India Lacks Bond Market When It Is Most Needed Bloomberg / Andy Mukherjee

Stocks slide ahead of Fed CNN

U.S. Steel profit falls; shares down over 5% Marketwatch / Laura Mandaro

Goodyear swings to profit in 3rd qtr AP via Charlotte Observer

Crude Oil is Barreling Towards $100 NY Post / Paul Tharp

Oil Falls as Mexico Resumes Pumping; U.S. Stockpiles May Rise Bloomberg / Alexander Kwiatkowski

Gold Falls on Speculation Rally Was Overdone; Silver Also Drops Bloomberg / Claudia Carpenter

Dollar at 26-year low against pound AP via Houston Chronicle / Matt Moore

Merrill Lynch Needs A Plan (And A New Leader) Forbes / Liz Moyer

Inside the mind of the older investor Money via CNN / Jason Zweig

Big banks still in grip of turmoil Charlotte Observer / Rick Rothacker

UBS Reports SF830 Million Loss on Debt Writedowns Bloomberg / Jacob Greber

O'Neal's Exit Deal May Not Include Severance Pay Bloomberg / Graef Crystal

U.S. Tosses Lifeline to Lenders Using Home Loan Banks Bloomberg / James Tyson and Jody Shenn

Flying the Crowded Skies Daily Standard / Irwin M. Stelzer

Merrill’s Downgrades Affecting TOBs Bond Buyer / Matthew Hanson and Matthew Posner

On the Ropes at Merrill Lynch Washington Post / Tomoeh Murakami Tse

The Search for a Chief Who Can Unite Merrill Lynch NY Times / Landon Thomas, Jr.

Russia: Debtors Must Pay to Leave Country Moscow Times / Nikolaus von Twickel and David Nowak

Federal Reserve not in thrall to the Masters of the Universe London Times / Gerard Baker

As spending ebbs, Fed set to act Christian Science Monitor / Ron Scherer

U.S. Notes Little Changed Before Confidence, Housing Reports Bloomberg / Wes Goodman

Euro Falls as Credit Market Losses Erode European Bank Earnings Bloomberg / Stanley White and Kosuke Goto

Asian Stocks Fall; Kookmin Bank, Takeda Pharmaceutical Decline Bloomberg / Hanny Wan and Kotaro Tsunetomi

Crude Oil Falls Below $93 on Speculation Stockpiles May Rise Bloomberg / Christian Schmollinger

Japan's Unemployment Rate Unexpectedly Rises for Second Month Bloomberg / Jason Clenfield

Frozen assets: US has crimped Al Qaeda funds Christian Science Monitor / Peter Grier



Do I look like a pushover? The Economist

Crude oil breaches $96 a barrel Marketwatch / V. Phani Kumar

Halloween gold treat result of a trick? Marketwatch / Peter Brimelow

Experts: Fiscal crisis threatens U.S. future McClatchy / Kevin G. Hall

Yield Spreads Telling a Different Story Market Thoughts via Safehaven / Henry To

Rise in oil's demand, price may not hinder economy as in past St. Louis Post Dispatch / David Nicklaus

Prudential profits fall 25 percent in 3Q AP via Beaufort Gazette / Janet Frankston

Analysis: Statement is all over the map, just like the members Marketwatch

Pimco's Gross Says Fed Will Cut Rates as Low as 3.5% Bloomberg / Pimm Fox and Deborah Finestone

Fed cuts rates but signals scant appetite for more Reuters / Mark Felsenthal

Why the Fed Won't Cut in December AP via Forbes

Assessing the Impact of the Rate Cut on Consumers / Aleksandra Todorova

Fed cuts key rate to 4.5 percent Chicago Tribune / Cheryl Jackson

US RATE FUTURES-Slip as more Fed cuts uncertain Reuters

Treasuries Fall After Fed Shows Reluctance to Cut Rates Further Bloomberg / Sandra Hernandez and Elizabeth Stanton

Moody's to Cut Jobs in Next Two Months as Ratings Demand Slows Bloomberg / Mark Pittman and Christine Richard

ResCap Bonds Lose 9% in October in Worst Showing of Junk Market Bloomberg / Caroline Salas

U.S. money market fund assets set record highs Reuters

Dollar's Fed 'relief rally' proves short-lived ? Marketwatch / Simon Kennedy and Lisa Twaronite

Gold surges above $800 after Fed cuts rates Marketwatch / Polya Lesova

Gold breaks $800 for first time since 1980 AP via Chicago Tribune

Nasdaq Leads Robust Gains In Major Indexes Investors Business Daily / Christina Wise

Stocks rally after Fed cuts interest rates again AP via USA Today / Tim Paradis

U.S. Stocks Rise as Economy Expands, Fed Reduces Interest Rates Bloomberg / Eric Martin

Merrill board: Too late to the game Fortune via CNN / Peter Eavis

FOMC Statement Federal Reserve Board

Fed Lowers Benchmark Rate by a Quarter Point to 4.5 Percent Bloomberg / Craig Torres

Fed cuts rates to 4.5% CNN

No Tricks Expected From Fed Forbes / Steve Schaefer

Commodity Prices Rise to Record, Led by Energy, on Dollar Slump Bloomberg / Millie Munshi and Pham-Duy Nguyen

Dollar: Nowhere to go but down CNN / David Ellis

Treasury Plans $18B Debt Auction AP via Washington Post / Martin Crutsinger

Bonds tumble on strong GDP numbers AP via CNN

Gold Prices Rally With Oil; Dollar Sinks AP via Washington Post / Lauren Villagran

Crude Oil Rises Above $93 After Report Shows U.S. Supply Drop Bloomberg / Mark Shenk

Oil passes record high near $94 CNN / Steve Hargreaves

Wednesday’s Analysis / Marty Chenard

Google Stock Barrels Through $700 AP via LA Times / Michael Liedtke

Investors, don't count on rate cuts Chicago Tribune / Bill Barnhart

New Directions for Understanding Systemic Risk Federal Reserve Bank of New York

Federal Reserve Washington Post / Steven Pearlstein

Handicapping Rate-Cut Winners Forbes / George Putnam

Why This “Bernanke Put” Could Make for the Scariest Halloween Ever MoneyMorning via Fiend’s SuperBear Page / Keith Fitz-Gerald

Housing woes can't derail economy CNN / Chris Isidore

U.S. Economy Grows at Faster Than Expected Rate Washington Post / Howard Schneider

Consumer confidence drops to two-year low as holidays approach AP via South Florida Sun Sentinel /Anne D’Innocenzio

Fed Seeks to Be `Nimble' as Spending, Housing Diverge Bloomberg / Vivien Lou Chen

Stocks Open Higher After GDP Reading AP via San Francisco Chronicle / Tim Paradis

Kraft Net Falls 20% on Higher Costs for Dairy, Grains Bloomberg / Chris Burritt

U.S. Economy Grew More Than Forecast in Third Quarter Bloomberg / Bob Willis

Defaults on Insured Home Mortgages Rise 22 Percent Bloomberg / Josh P. Hamilton and Erik Holm

Washington Mutual Shows Mortgage Mess Isn't Over Bloomberg / Jonathan Weil

Oil shale may finally have its moment Fortune via CNN / Jon Birger

The new math of oil Fortune via CNN / Geoff Colvin

Who Will Win 2008 Primary Race? Forbes / Oxford Analytica

O’Neal Walks Away With $162M NY Post / Paul Tharp

U.S. Growth Probably Cooled in Third Quarter as Housing Slumped Bloomberg / Bob Willis

Treasuries Set for Fourth Winning Month Before Fed Rate Meeting Bloomberg / Wes Goodman

Crude Oil Falls a Second Day After Goldman Recommends Selling Bloomberg / Angela Macdonald-Smith and Christian Schmollinger

Rangel Offering Broad Tax Plan, and Big Target NY Times / Steven R. Weisman

Pound leaps to post 1981 high against dollar as UK rate cut looks less

Likely London Times / Gary Duncan

South Korean Won Climbs Beyond 900 for First Time Since 1997 Bloomberg / Kim Kyoungwha and Aaron Pan

Deutsche Bank Profit Rises on Tax Gains, Asset Sales Bloomberg / Elena Logutenkova and Aaron Kirchfeld

Bank of Japan Votes 8-1 to Keep Interest Rate at 0.5% Bloomberg / Mayumi Otsuma

India, China Face Fallout as U.S. Cuts Interest Rates Bloomberg / Cherian Thomas and Nipa Piboontanasawat

Asian Stocks Fall for Second Day, Led by BHP Billiton, Komatsu Bloomberg / Hanny Wan and Patrick Rial

Sterling storms to highest in 26 years Telegraph / Edmund Conway

Japan's Wages, Summer Bonuses Fall, Curbing Spending Power Bloomberg / Jason Clenfield