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December 01 – December 15

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Estimates May Have Overstated Job Growth NY Times / Floyd Norris

30-year mortgage rates hit 2-year low Denver Post

The Financial Fire Trucks Are Gathering Thoughts From The Frontline via Safehaven / John Mauldin

Grasping at Stock Market Straws Lew Rockwell / Gary North

Oil prices at lowest in 3 months AP via Allentown Morning Call / John Wilen

Fed’s goal is to do what’s best for the economy Kansas City Star / Thomas Hoenig

US rate cut hopes offer respite FT / Michael Mackenzie and Geoff Dyer

Stocks will move along with rate-cut hopes next week Marketwatch / Nick Godt

Choppy finish likely for Wall Street AP via Beaufort Gazette / Joe Bel Bruno

U.S. Notes Post Best Monthly Gains Since 1995 on Credit Losses Bloomberg / Sandra Hernandez

Dollar Gains Most in Almost 3 Years Versus Yen, Franc on Stocks Bloomberg / Bo Nielsen

U.S. Stocks Surge Most Since March on Expectations of Fed Cut Bloomberg / Lynn Thomasson and Eric Martin


Central bankers disagree on rates USA Today / Barbara Hagenbaugh

Fed needs to push new credit standards-investors Reuters / Walden Siew

Despite challenges from other states, Iowa retains political importance McClatchy / Scott Canon

WA: Lowest prices, lowest sales Tacoma News Tribune / Devona Wells

Index the charitable gift fund Dallas Morning News / Scott Burns

Oil's well despite threat of $100 a barrel price tag Scotsman / John Chatfield Roberts

Fed economist revels in the numbers St. Louis Post Dispatch / Tim Barker

Combatting rising indicators of looming recession Chicago Tribune / Mark Silva

Wall Street hopes for a Santa Claus rally AP via CNN

ComScore Says Online Sales Rose 18% Last Week on Electronics Bloomberg / Mary Jane Credeur

Heartbeat Monitors Washington Post / Nancy Trejos

Banks fail to escape sting of subprime Charlotte Observer / Rick Rothacker

Experts see Bush mortgage fix as a bandage AP via MSNBC

A Daunting 3 Weeks Ahead for Congress Washington Post / Jonathan Weisman and Paul Kane

Falling dollar has its pluses Wichita Eagle / Dan Voorhis

A holiday wish list for fund holders Marketwatch / Chuck Jaffe

Market bears' gloomy growl being echoed by big players Chicago Tribune / Greg Burns

Just a Nap or Is the Bull Getting Tired? Wall Street Journal / Jaclyne Badal

Fannie and Freddie are here to stay FT / Clive Crook

A Fed 'Put' Exists Seeking Alpha / Bill Poole

Payrolls data could be deciding factor for Fed Marketwatch / Rex Nutting

Banks face more pain as crunch bites Guardian – Observer / Heather Stewart

Dealing With the AMT Quandry Wall Street Journal / Andrea Coombes

UK: Rate cut urged to end the gloom London Times / David Smith

OPEC Won't Boost Crude Output, Algeria's Khelil Says Bloomberg / Ahmed Rouaba and Abeer Allam

Where have the Bond Market Mavens gone? Gold and Oil Stocks / Greg Silberman

December's 'second-best' status threatened by credit fallout Pittsburgh Tribune Review / Gregory M. Drahuschak

Volatile stock market a dangerous place for investors San Francisco Chronicle / Sam Zuckerman

Unemployment May Rise, Manufacturing Slow: U.S. Economy Preview Bloomberg / Joe Richter

Low inflation? Food shoppers find that idea hard to swallow Cox News via The State / Marilyn Geewax

Millions of Tax Refunds Could Be Delayed AP via LA Times / Jim Abrams

Political sun will shine on middle class Pittsburgh Tribune Review / Jack Markowitz

Behind the Meltdown: Out and down Sacramento Bee / Jim Wasserman, Phillip Reese and Dale Kasler

Citi mortgages it’s own future NY Post / Terry Keenan

Paulson Could Ride In To Save Citi NY Post / Paul Tharp

The Long and Short of It at Goldman Sachs NY Times / Ben Stein

When a dollar a day means 25 cents BBC News / Mukul Devichand

Housing Crisis? Try Mobile McMansions NY Times / John Schwartz

S.C. economy: Why ’08 might not be so great The State / Jim DuPlessis


Icebergs Cornerstone via Fiend’s SuperBear Page / John Riley

The blood on Greenspan's hands MSNBC / Bill Fleckenstein

How low must housing prices go? Marketwatch / Dr. Irwin Kellner

Asia mixed: Tokyo declines, Shanghai gains Marketwatch / V. Phani Kumar

Bond markets bet rate cut on hold Globe and Mail / Allan Robinson

Builder dumps homes in Morgan Stanley deal CNN / Chris Isidore

E*Trade Trampled By Analyst Forbes / Evelyn M. Rusli

Over 40 million in U.S. can't afford health care: report Reuters

Holiday Shopping Shows Capitalism at Its Finest / Jonathan Hoenig

Foreclosure rescue: No help for you CNN / Joe Light

MBA Hails Paulson’s Plan for Tax Exempt Bonds for Mortgage Refis Mortgage Bankers Association

The U.S. Economy and Monetary Policy Federal Reserve Bank of San Francisco / Janet L. Yellen

Fed's Yellen, joining chorus, highlights growth risks Marketwatch / Greg Robb

Yellen Sees Risks to Spending From Market `Turmoil' Bloomberg / Vivien Lou Chen and Craig Torres

Treasurys Rise on Capital Markets Fears AP via San Francisco Chronicle / Leslie Wines

Emerging markets' outperformance to ease –Merrill Reuters

Stocks Finish Under Water As Early Gains Wither Investors Business Daily / Christina Wise

U.S. stocks decline amid economic jitters Marketwatch / Kate Gibson

Oil rises on uncertainty about OPEC move AP via Beaufort Gazette / John Wilen

U.K. Rate Vote Splits Economists the Most Since 2004 Bloomberg / Brian Swint and Svenja O'Donnell

US Economy: Deficits, Foreign Debt and Monetary Policy Brookes News via Safehaven / Gerard Jackson

Monday’s Analysis / Marty Chenard

Wall Street struggles higher CNN / Alexandra Twin

Ford posts November U.S. sales gain Marketwatch / Shawn Langlois

R.I.P., the American magazine Marketwatch / Jon Friedman

Reinventing Motorola Forbes / Elizabeth Corcoran

U.S. Two-Year Notes Fall on Speculation Yield Dropped Too Far Bloomberg / Agnes Lovasz

Buffett buys $2B in TXU bonds Fortune via CNN / Peter Eavis

WaMu chairman says Fed cuts, liquidity needed for housing markets Marketwatch / Michael R. Crittenden

Fed's Rosengren Questions Use of Libor AP via Houston Chronicle

Dessauer still bullish on U.S. dollar Marketwatch / Peter Brimelow

Oil slides to 5-week low Reuters / Jane Merriman

The Earnings Recession Morgan Stanley / Richard Berner

Manufacturing stays steady CNN / Chris Isidore

U.S. ISM Manufacturing Index Fell to 50.8 in November Bloomberg / Courtney Schlisserman

Stocks Ease Lower On Sharply Lower Volume Investors Business Daily / Alan R. Elliott

Bulls Take a Breather / Mark Glassman

Wall Street wobbles CNN

Review and Preview Morgan Stanley / Ted Wieseman and David Greenlaw

Two-Year Notes Rise a 3rd Day as Rosengren Says Economy Slowing Bloomberg / Sandra Hernandez and Deborah Finestone

US Fed considering cut in discount rate ahead of Dec 11 policy meeting – report AFX via Forbes

Paulson Says Subprime Loan Plan to Ease Economy Risks Bloomberg / John Brinsley

Recession Hits U.S. Profits; Economy Might Be Next Bloomberg / Rich Miller

Fed Rate Cut May Hinge on Where the Libor Goes Bloomberg / John M. Berry

Subprime Mortgage Problems: Research, Opportunities, and Policy Considerations Federal Reserve Bank of Boston / Eric S. Rosengren

Subprime Outcomes: Risky Mortgages, Homeownership Experiences, and Foreclosures Federal Reserve Bank of Boston / Kristopher Gerardi, Adam Hale Shapiro, and Paul S. Willen

Moody's May Cut Ratings on $105 Billion of SIVs Bloomberg / Shannon D. Harrington

National Debt Grows $1 Million a Minute AP via Chicago Tribune / Tom Raum

How Futures Trades Can Advance U.S. Democracy Bloomberg / Kevin Hassett

Dollar Bears Poised for Reversal as Deficits Shrink Bloomberg / Min Zeng

Canada's Soaring Dollar Shrinks Profits, Swells National Pride Bloomberg / Theophilos Argitis and Greg Quinn

Crude starts week down on expected output rise AP via Houston Chronicle

Crushing Bear Hug For Hedge Honcho NY Post / Roddy Boyd

Muni Issuance Slows Down in November Bond Buyer / Christine Albano

U.S. Notes Rise as Report May Show Manufacturing Growth Slowed Bloomberg / Oliver Biggadike

Severe CDO rating cuts over, "healing" ahead-Fitch Reuters / Walden Siew

OPEC’s Tough Call: Raise or Hold Oil Supply NY Times / Jad Mouawad

The support for gold is only getting started Marketwatch / Kevin Kerr

The credit crunch could crush the euro Telegraph / Liam Halligan

Dollar faces new sell-off if Gulf states end greenback pegs London Times / Gary Duncan

Why Dollar May Be Set for a Rebound Wall Street Journal / Justin Lahart

Tokyo mixed; Hong Kong lifted by rate-cut hopes Marketwatch / Chris Oliver

Despite Banking Downturn, Two Industry Veterans Start New Venture Washington Post / Thomas Heath

Treasuries, Oil May Foreshadow Bear Market After Yields Tumble Bloomberg / Daniel Kruger and Wes Goodman

OPEC Says Oil Supply Is Adequate as Crude Retreats From Record Bloomberg / Glen Carey and Ayesha Daya

Is the dollar leading us into a depression? Taipei Times / J. Bradford DeLong

Yen Advances as Moody's Prepares Rating Cuts on Subprime Losses Bloomberg / Ron Harui and David McIntyre



Roadblock to a subprime solution CNN / Les Christie

Once a bear market begins, it's too late for 'bear' funds to help Marketwatch / Chuck Jaffe

Asia: Financial shares drag down region Marketwatch / V. Phani Kumar

Awaiting housing plan AP via Cincinnati Enquirer

Beijing plan would press oil firms to stockpile crude Marketwatch / Chris Oliver

Credit woes knock Wall Street  / Ellis Mnyandu

Traders See 50% Odds Fed Will Cut Rate By Half Point Bloomberg / Lynn Thomasson and Eric Martin

U.S. Notes Fall; Lowest Two-Year Yield Since 2004 Repels Buyers Bloomberg / Sandra Hernandez and Deborah Finestone

CDO Sales May Tumble 65% in 2008 on Subprime Slide Bloomberg / Jody Shenn

Treasurys fall but rate cut hopes mount AP via Houston Chronicle / Leslie Wines

Pennsylvania to Borrow Amid `Sparse' Institutional Demand Bloomberg / Jeremy R. Cooke

Florida Just First to Face National Run on the Bank Bloomberg / Joe Mysak

Two-Year Note Yields Hold Near Lowest Since 2004 on Lending Bloomberg / Deborah Finestone and Agnes Lovasz

Cut Tax Rates, Not the Fed Funds Rate National Review / Cesar V. Conda

Credit crisis: Long road to recovery CNN / Grace Wong

Is An End of the Year Rally in the Cards? Wall Street Window via Safehaven / Michael Swanson

Weak Outlook Hits Stocks / Mark Glassman

Market Needs The Fed Forbes / Bernie Schaeffer & Beth Gaston Moon

Paulson Goes to Washington, Loses Way Bloomberg / Caroline Baum

White House Signals That It Might Veto Energy Bill Washington Post / Steven Mufson

Canadian dollar tumbles after rate cut Globe and Mail / Tavia Grant

Opec considers raising production FT / Javier Blas

California's revenue slowdown could result in tough budget decisions - S&P AFX via Forbes

ECB, U.S. officials warn of glacial recovery from credit crunch Reuters via Globe and Mail / Mike Peacock

Fed-Ing Frenzy NY Post / Janet Whitman

Why It’s Likely Economy is in a Recession Now NY Post / John Crudele

CA: The chill spreads to commercial real estate LA Times / Roger Vincent

Tuesday’s Analysis / Marty Chenard

Dow to cut 1,000 jobs, close three plants AP via CNN

Goldman's Cohen Sees S&P 500 Rising 14% by 2008's End Bloomberg / Alexis Xydias and Eric Martin

U.S. Stock-Index Futures Fall; Goldman, Merrill Shares Decline Bloomberg / Michael Patterson

More than a game The Economist

Dell to Repurchase $10 Billion of Stock / Stephen Taub

Walgreen sales up 9.5 percent in November Chicago Tribune / James P. Miller

Treasury takes new whack at savings bonds San Francisco Chronicle / Kathleen Pender

Canada Unexpectedly Cuts Rate as Dollar Gains Bloomberg / Greg Quinn

Congress Vs. Credit Cards Forbes / Brian Wingfield

Oil prices edge up ahead of OPEC meeting AP via Houston Chronicle / Pablo Gorondi

Main Street Economist Federal Reserve Bank of Kansas City

Fannie, Freddie Face Conflicting Demands Washington Post / David S. Hilzenrath

Paulson Silent on Cap Hike Bond Buyer / Peter Schroeder

A Lurid Aftermath to a Hedge Fund Manager’s Fast Life NY Times / Andrew Ross Sorkin

Banks are not the only game in town Daily Standard / Irwin M. Stelzer

How long will November's woes linger? Marketwatch / Mark Hulbert

Economic anxieties give Democrats the edge Marketwatch / Rex Nutting

Yen Advances on Concern Credit Losses Will Deter Carry Trades Bloomberg / Stanley White and David McIntyre

Australian Retail Sales Growth Slows to 0.2% on Rates Bloomberg / Jacob Greber

Bank of Japan governor mulls interest rates hike Bloomberg via Taipei Times

Fed changes its tune as Rome burns London Times / Gerard Baker

Dollar slips, euro gains credibility as viable rival Christian Science Monitor / Peter Grier

New Zealand Will Leave Benchmark Rate at 8.25%, Economists Say Bloomberg / Tracy Withers


Another bear growls at China Marketwatch / Peter Brimelow

The NYSE trading floor is fighting for survival Marketwatch / David Weidner

Bernanke's Bureaucratic Vision of Economic Growth Lew Rockwell / Gary North

Emerging markets seen overcoming headwinds in 2008 Reuters / Walter Brandimarte and Daniel Bases

Treasury supports lifting cap on housing bonds Reuters

Slump pushes some real estate agents out Mail Tribune / Greg Stiles

Opec rules out increase in output BBC News

UK: Interest rate call on knife edge BBC News

Input and Output Inventories in General Equilibrium Federal Reserve Bank of Boston / Matteo Iacoviello, Fabio Schiantarelli, and Scott Schuh

Democratic candidates weigh in on US mortgage crisis Reuters

The Street Is Upbeat Forbes

Forecast says economy will avoid recession AP via MSNBC

Oil rises on OPEC output decision, U.S. inventories Marketwatch / Moming Zhou, Steve Goldstein & Polya Lesova

Productivity and the Dollar pdf Federal Reserve Bank of San Francisco / Giancarlo Corsetti, Luca Dedola, and Sylvain Leduc

Pricing-to-Market, Trade Costs, and International Relative Prices pdf Federal Reserve Bank of San Francisco / Andrew Atkeson and Ariel Burstein

Bill Gross warns of 'tumultuous' 2008, sees fed funds rate at 3% or below AFX via Forbes

MBIA debt protection costs rise on Moody's comment Reuters

MBIA Capital Shortfall May Be `Likely,' Moody's Says Bloomberg / Christine Richard

MBIA at greater risk of capital shortfall-Moody's Reuters

Treasurys fall on labor market strength AP via CNN

Stocks Bounce on Data / Mark Glassman

Wall Street Races Higher Forbes / Steve Schaefer

Comcast Slashes Outlook for the Year Dow Jones via / Shira Ovide

Gold futures decline, as dollar gains Marketwatch / Polya Lesova

Dollar firms as upbeat data calm recession fears Marketwatch / Lisa Twaronite and Steve Goldstein

Shopping slows after early frenzy AP via Modesto Bee

Mortgage Applications Surge In Latest MBA Weekly Survey Mortgage Bankers Association

US home loan demand surges to over two-year high Reuters / Julie Haviv

Subprime mortgages could get five-year interest rate freeze Tacoma News Tribune

Airbus production may move to U.S. Seattle Times / Dominic Gates

Demanding supply The Economist

Wednesday’s Analysis / Marty Chenard

U.S. States Curb Spending, Tax Cuts as Housing Woes Dim Revenue Bloomberg / William Selway

Orange County Funds Hold SIV Debt on Moody's Review Bloomberg / Michael B. Marois and William Selway

U.S. Stocks Rise, Led by Technology Shares; Intel, Exxon Gain Bloomberg / Michael Patterson

Fed May Couple Cut With Measures to Increase Credit Bloomberg / Scott Lanman

Pimco's Gross Says Fed May Have to Cut Rates Below 3% Bloomberg / Sandra Hernandez

It's Not 1929, but It's the Biggest Mess Since Washington Post / Steven Pearlstein

Futures jump on strong economic data Reuters / Jennifer Coogan

U.S. Productivity Increases More Than Forecast Bloomberg / Bob Willis

Central banks fighting common foe like it's 1999 Chicago Tribune / Bill Barnhart

Freddie Mac's Accounting Evokes Shades of Enron Bloomberg / Jonathan Weil

Fannie Mae Raises Home Price Decline Forecast to 5% Bloomberg / Emma Moody

Recession, Energy Worries Turn Americans Gloomier, Poll Finds Bloomberg / Matthew Benjamin

Fund Crisis in Florida Worrisome to States NY Times / Michael M. Grynbaum

U.S. Notes Are Little Changed; Reports May Show Slowing Growth Bloomberg / Oliver Biggadike

Will the real Santa Claus Rally please stand up? Marketwatch / Mark Hulbert

Fannie Mae to Issue $7 Billion In Stock to Help Steady Itself Washington Post / David S. Hilzenrath

Asian Stocks Decline for Second Day on U.S. Growth Concern Bloomberg / Patrick Rial

Tax to Offset AMT Patch Appears Unlikely Washington Post / Jeffrey H. Birnbaum

Gold stays above $800, platinum at 1-week high Reuters via Guardian

OPEC to Consider Raising Supply as U.S. Lobbies for More Oil Bloomberg / Fred Pals and Ayesha Daya

Avoiding the US cold Telegraph / Tom Stevenson

Australian Central Bank Signals Rates on Hold; Currency Tumbles Bloomberg / Jacob Greber

Australia's Economy Accelerates to 1% on Spending Bloomberg / Jacob Greber and Victoria Batchelor

Canada Bank’s Rate Cut May Not Help Exporters NY Times / Ian Austen

Yen Falls as Japan Investors May Send Year-End Bonuses Overseas Bloomberg / Ron Harui and Stanley White


Opening statement by David Dodge Bank of Canada / David Dodge

What can we do about government debt? Dallas Morning News / Scott Burns

Corporate America's long winning streak is over The Economist

Vital Signs: How Low Will the Fed Go? Business Week / James Mehring

Credit 'Crunch' - or Credit Collapse? Safehaven / Alex Wallenwein

The Economy's Last Hurrah Before That Big Sucking Sound Benson's Economic & Market Trends via Safehaven / Richard Benson

Florida Fund Meltdown: Bad To Worse Forbes / Neil Weinberg

SIFMA Issues 2008 and 2009 Recommendations for Full and Early Holiday Closes for Trading of US Dollar-Denominated Fixed-Income Securities SIFMA

Housing crisis didn’t just happen overnight AP via Tacoma News Tribune / J. W. Elphinstone

The Mother of all Bad Ideas Euro Pacific via Safehaven / Peter Schiff

Why The Energy Bill Will Die Forbes / Brian Wingfield

Senate Passes Legislation Offering Shield From Minimum Tax Bloomberg / Ryan J. Donmoyer

Accelerating Loan Modifications, Improving Foreclosure Prevention and Enhancing Enforcement FDIC / Sheila C. Bair

Dollar Continued to Depreciate in November Federal Reserve Bank of Atlanta

Mortgage Bailout Will Hurt Homeowners in Long Run / Jack Hough

Senate Stalled on Tax Fix AP via Washington Post / Jim Abrams

U.S. Stocks Rally; Countrywide, Fannie Mae, Homebuilders Climb Bloomberg / Michael Patterson

Wheat, corn prices rise on CBOT AP via Seattle Post Intelligencer

Write-Downs Topple Toll Forbes / Andrew Farrell

Sticky Prices: Why Firms Hesitate to Adjust the Price of Their Goods Federal Reserve Bank of New York

Loan modifications and foreclosure prevention Federal Reserve Board / Randall S. Kroszner

Top Mortgage CDO Classes May Lose 80 Percent, Barclays Says Bloomberg / Jody Shenn

High-Yield Defaults to Quadruple in '08, Moody's Says Bloomberg / John Glover and Patricia Kuo

Treasuries Fall as Low Yields Deter Investors Before Bush Bloomberg / Deborah Finestone and Sandra Hernandez

MBIA Considers Raising Capital to Protect AAA Rating Bloomberg / Christine Richard

Thursday’s Analysis / Marty Chenard

Major Indexes Go Flat / Mark Glassman

Broad Advance Eases; Remains Near Highs Investors Business Daily / Alan R. Elliott

Economic Outlook 2008: Darkening Clouds Lew Rockwell / Dom Armentano

U.S. Mortgage Delinquencies Rise to 20-Year High Bloomberg / Kathleen M. Howley

Foreclosures reach record high CNN / Chris Isidore

States Facing Budget Shortfalls As Housing Slump Hits Tax Take Investors Business Daily / Marilyn Alva

BoC's Dodge: C$ has fallen to more suitable level Reuters

$3 gas is here to stay – analysts CNN / Ben Rooney

Gas prices fall while oil futures rise AP via Houston Chronicle / John Wilen

ECB holds steady after BoE cuts key rate AP via Houston Chronicle / Matt Moore

Canada: Dodge foresees slowing economic growth into 2008 CP via Globe and Mail

RBS writedown FT

Fed's Kroszner says home loan workouts 'usually cost effective' for investors AFX via Forbes

All the Way Down the Rabbit Hole? Fake Ben via Safehaven

Uncertainty' Just Another Word for Lots to Lose Bloomberg / Caroline Baum

Fed Can’t Pass The Buck NY Post / John Crudele

O.C. treasurer in reversal of fortune LA Times / Christian Berthelsen

I really wonder why the ratings agencies are given any credibility Boom, Bust & Bling Blog via Safehaven / Reggie Middleton

Jobs a litmus test for credit ills Chicago Tribune / Bill Barnhart

CFOs' Optimism Slumps to Record Low / Alan Rappeport

Jobless Claims Make Big Drop AP via LA Times / Martin Crutsinger

U.S. Initial Jobless Claims Fell 15,000 to 338,000 Bloomberg / Bob Willis

Bank of England cuts rates to 5.5% AP via CNN

Run down The Economist

Home Foreclosures Hit Record High AP via Washington Post / Jeannine Aversa

A Subprime Solution Forbes / Liz Moyer

Moody's Sees More MBIA Risk Bond Buyer / Matthew Hanson

Wary of Risk, Bankers Sold Shaky Mortgage Debt NY Times / Jenny Anderson and Vikas Bajaj

Wall Street's sub-prime loss could soar as bond insurers face shortfall London Times / Tom Bawden

Japanese Bonds Decline as Rally in Stocks Cuts Demand for Debt Bloomberg / Oliver Biggadike

Asian Stocks Rise to One-Month High on Improved U.S. Outlook Bloomberg / Kyung Bok Cho

Method in the market's madness for now Telegraph / Tom Stevenson

RBS feels the chill of exposure Telegraph / Philip Aldrick

OPEC Finds Price Range to Live With NY Times / Jad Mouawad

BoE pressured to cut rates to avoid recession Telegraph / Harry Wallop and Edmund Conway

China's Yuan Falls Most Since End of Peg After Dollar Rallies Bloomberg / Aaron Pan and Belinda Cao



Experts worry borrowers may stop paying bills to qualify for reset freeze Marketwatch / Alistair Barr

Collapse of $488M Bond Pool NY Post / Roddy Boyd

Consumer electronics store CompUSA is sold; will close all stores AP via Houston Chronicle

Suprime loan package is wrapped with questions St. Louis Post Dispatch / David Nicklaus

Too much cheap credit can be ruinous Telegraph / Jeff Randall

Hopes of half-point Fed rate cut slim FT / Daniel Pimlott and Krishna Guha

Big Fed rate cut may spur a rally Reuters / Kristina Cooke

Dark clouds gather on Wall Street CNN / David Ellis

Paulson Mortgage Plan Surfaces Too Late to Stem Housing Slide Bloomberg / Brian Louis

The Shadow Knows Pimco / Bill Gross

Which One Do You Believe? Pimco / Mike Amey

Treasurys hit hard by payroll growth AP via Houston Chronicle / Leslie Wines

The U.S. Economy and Monetary Policy Federal Reserve Bank of San Francisco / Janet L. Yellen

The Fed's plan B CNN / Paul R. La Monica

Final Rule on Advanced Capital Adequacy Framework – Basel II FDIC

Risk-Aversion On Tap For Monday Forbes / Steve Schaefer

U.S. Stocks Fall on Rate Speculation; American Express Declines Bloomberg / Michael Patterson

No free ride for subprimers CNN / Joe Light

Crude futures weaken again, give back big gains AP via Houston Chronicle

Decoupling' Debunked as U.S. Collapse Infects World Bloomberg / Simon Kennedy

Wachovia may write down $3 billion Charlotte Observer

Stocks Edge Lower On Higher Trade Investors Business Daily / Alan R. Elliott

Of ARMs and the Man National Review / Jerry Bowyer

CA: Mortgage relief program a slap in the face to some La Times / Walter Hamilton

TX: Suburbs are home of foreclosure woes Dallas Morning News / Steve Brown

Some US workers losing confidence in economy Reuters / Nick Zieminski

Jobs Report to Extend Dollar Gains into Fed Week CMC Markets via Safehaven / Ashraf Laidi

Jobs added but consumers gloomy Reuters / Glenn Somerville

Payrolls up 94,000; jobless rate stays at 4.7% on household survey gains Marketwatch / Rex Nutting

It's Time to Invest in Financials / Donald Luskin

Forecast positive for world's economy AP via Washington Times

Billionare Lewis raises stake in Bear Stearns Reuters

U.S. Economy: Payrolls Increase More Than Forecast Bloomberg / Joe Richter

Consumer confidence near 2-year low AP via Houston Chronicle / Jeannine Aversa

Moody's: Junk Defaults to Surge / Stephen Taub

Treasuries Fall as Job Growth in November Exceeds Forecast Bloomberg / Deborah Finestone and Sandra Hernandez

Federal Reserve Events Reuters

Bush's Bad Mortgage Medicine Forbes / Liz Moyer

Friday’s Analysis / Marty Chenard

30-year mortgages fall to 2-year low, averaging 5.96% AP Baltimore Sun

New Yorkers hit by growing debt NY Daily News / Elizabeth Lazarowitz

U.S. Retailers May Struggle to Boost December Sales on Prices Bloomberg / Heather Burke

A Buffer? Or a Bailout? Washington Post / David Cho and Neil Irwin

'Piggyback' Loans Allowed by Freddie Fed Mortgage Risks Washington Post / David S. Hilzenrath

These stocks' blood is running in the streets Marketwatch / Mark Hulbert

IRS Collects $45M in '07 Settlements Bond Buyer / Alison L. McConnell

U.S. Treasuries Are Little Changed Before Labor Market Report Bloomberg / Oliver Biggadike

On Mortgage Relief, Who Gains the Most? NY Times / Edmund L. Andrews

Some Gains, but Stores Are Worried NY Times / Michael Barbaro and Michael M. Grynbaum

Yen Heads for Second Weekly Decline as Credit Concerns Ease Bloomberg / Ron Harui and David McIntyre

Asian Stocks Rise on U.S. Financing Plan; Toyota Leads Advance Bloomberg / Kyung Bok Cho and Patrick Rial

ECB hawks snub pleas for rate cut Telegraph / Ambrose Evans-Pritchard

Japan Economy Grew Slower Than Initially Reported Bloomberg / Jason Clenfield


Once Ranked Prime, Now They're Pinched Washington Post / Kenneth R. Harney

PA: House prices still going up in Valley Allentown Morning Call / Jeanne Bonner

U.S. stocks seen rising ahead of Fed meeting Marketwatch / Carla Mozee

Credit card use increased in October AP via Modesto Bee / Martin Crutsinger

Housing-Credit Fallout Appears To Be Confined Washington Post / Neil Irwin

Jobs rise by 94,000; jobless rate holds at 4.7% AP via Pittsburgh Post Gazette / Jeannine Aversa

Text of President Bush's weekly radio address Marketwatch

Foreigners Invest Greenbacks in Return for Green Cards Washington Post / Cecilia Kang

For Bush, a Political Calculus in Forging Ahead on Mortgage Aid Washington Post / Jeffrey H. Birnbaum

States' investment strategy scrutinized AP via Houston Chronicle / Joe Bel Bruno

Treasuries Post First Weekly Drop Since October on U.S. Rescue Bloomberg / Deborah Finestone and Liz Capo McCormick

U.S. Stocks Rise for 2nd Week on Bush Plan to Avert Recession Bloomberg / Elizabeth Stanton

AMT: The $50 billion fight CNN / Jeanne Sahadi

Dollar Rises to One-Month High Versus Yen on U.S. Job Growth Bloomberg / Min Zeng

Like Subprime Mortgages, Some Construction Loans Are Delinquent NY Times / Floyd Norris

Slowing Job Growth Seen as Ominous Sign for Economy NY Times / Peter S. Goodman and Michael M. Grynbaum

Gold’s Quirk: It’s Volatile, but Holders Feel Secure NY Times / Jane Birnbaum

Maybe a Way to Get Rich Off the Rich NY Times / Conrad De Aenlle


Time left in 2007 for gold rally? Marketwatch / Peter Brimelow

WI: More banks find profits elusive Milwaukee Journal Sentinel / Paul Gores

The US Economy: We've Got The Boom But What About The Bust? Brookes News via Safehaven / Gerard Jackson

The trouble with the Paulson plan FT / Clive Crook

IL: Area for-sale listings: The first 100 days Chicago Tribune / Mary Umberger

Investors should shut their ears to the bears FT / John-Paul Smith

The UK economy is vulnerable FT

CA: The foreclosure bargain hunt LA Times / Diane Wedner

Mood on Wall Street is optimistic as difficult year nears its end Pittsburgh Tribune Review / Gregory M. Drahuschak

Well-off baby boomers likely to favor comfortable lifestyles over leaving wealth to heirs Dow Jones via St. Louis Post Dispatch / Marshall Eckblad

REITs Are Down, but for How Long? NY Times / Vivian Marino

The ‘R’ Word Doesn’t Have to Be So Scary US News and World Report via NY Times / Paul J. Lim

How to Solve a Subprime Mess? An Iowan Says, Let’s Caucus NY Times / Vikas Bajaj

So That’s Why They Drink Coke on TV NY Times / Louise Story

Reshaping the Debate on Raising Taxes NY Times / Robert H. Frank

UK: House prices pumped by interest rate cuts Telegraph / Liam Halligan

Market volatility gives investors the chance to shop for bargains Chicago Tribune / Andrew Leckey



Economic Outlook 2008: Growth Slows in First Half, Picks up in Second SIFMA

Federal Reserve Study Shows That More Than Two-Thirds of Noncash Payments Are Now Electronic Federal Reserve Board

Adjustment or affliction? Why the dollar’s drop is failing to rebalance the world FT / Chris Giles

Fed likely to consider further rate cuts FT / Krishna Guha

Nuclear Bond Implosion Ahead Safehaven / Alex Wallenwein

13 reasons Bush's bailout won't stop recession Marketwatch / Paul B. Farrell

How to solve the problem of the dollar FT / Fred Bergsten

DC: 'People From All Walks' Having Trouble Paying Mortgages Washington Post / Dina ElBoghdady and Renae Merle

Markets Crave Their Fed 'Fix' Forbes / Steve Schaefer

Fed Rate Cut Seen, But Wall St. Divided Over Size Of Move Investors Business Daily / Christina Wise

Conrad Black gets 6-1/2 years in jail Reuters via Washington Times / Andrew Stern

Canadian Exchanges Plan to Merge NY Times / Ian Austen

Credit jitters spread to student loan market AP via MSNBC

Dow closes up 100 before Fed meeting AP via MSNBC

Desperate home owners get creative: In attempts to sell their houses, some use wacky stunts Lansing State Journal / Jaimee Rose

Trading down: Shoppers switch to stores that fit tighter budgets Detroit News / Nathan Hurst

Price Measure Says Rate Can't Fall as Traders Expect Bloomberg / Liz Capo McCormick and Sandra Hernandez

Experts say recession fears assure Fed rate cut Newsday / Susan Harrigan

Fed moves to increase its own liquidity for market operations AFX via Forbes

Review and Preview Morgan Stanley / Ted Wieseman and David Greenlaw

SEC Muni Plan's Fate Uncertain Bond Buyer / Andrew Ackerman

Liquidity Drought, Insurer Worries Rattle TOBs Bond Buyer / Matthew Hanson and Matthew Posner

Market lifted by cash infusions Reuters / Kristina Cooke

Recession Coming Morgan Stanley / Richard Berner and David Greenlaw

Severity of Slowdown Could Surprise Many / Igor Greenwald

Morgan Stanley Says `Mild' U.S. Recession `Likely' Bloomberg / Bob Willis

We're heading toward financial chaos Washington Post via Charleston Post and Courier and Fiend’s SuperBear Page / Steven Pearlstein

Dollar slips against most rivals ahead of Fed Marketwatch / Lisa Twaronite

AAA predicts gas prices will continue to fall AP via Tennessean / Todd Pack

Lehman, JPMorgan, Bank of America See Stocks Rally Bloomberg / Alexis Xydias and Michael Patterson

Foreign shoppers take advantage of the weak dollar Orlando Sentinel / Mark Chediak

The Next Bubble? Forbes / Neil Weinberg

Bonds fall as pending homes, MBIA sap safety bid Reuters / Chris Reese

Derivative Trades Soar to Record $681 Trillion in Third Quarter Bloomberg / Hamish Risk

Treasurys drop as Fed decision looms AP via CNN

Oil falls on view demand is weakening AP via Houston Chronicle / John Wilen

Gold, Silver Advance As Dollar Drops AP via Washington Post / Lauren Villagran

Bank of America to Wind Down $12 Billion Enhanced Cash Fund Bloomberg / Shannon D. Harrington

U.S. defense outlays keep growing and growing Christian Science Monitor / David R. Francis

Obama and the 'Oprah Effect': can she sway voters? Christian Science Monitor / Alexandra Marks

U.S. stocks head higher in anticipation of Fed Marketwatch / Kate Gibson

Statement Regarding System Open Market Account Activity Federal Reserve Bank of New York

Stock gains speed up CNN

Housing market is stabilizing, optimistic Realtors say AP via USA Today / Alan Zibel

CO: Forecast: Colorado's economy will plod along in 2008 AP via Denver Post / Sandy Shore

MBIA, Seeking to Raise Capital, Halted From Trading Bloomberg / Christine Richard

If MBIA Is AAA, Britney Spears Is Pure as Snow Bloomberg / Jonathan Weil

Pending Sales of Existing U.S. Homes Rose in October Bloomberg / Courtney Schlisserman

The Fed's plan B CNN / Paul R. La Monica

Bernanke May Risk `Fool in Shower' Label for Economy Bloomberg / Rich Miller

US STOCKS-Wall St extends gains after housing data Reuters

Monday’s Analysis / Marty Chenard

McDonald's Sales Increase 8.2%, Surpassing Estimates Bloomberg / Chris Burritt

UBS Comes Clean Forbes / Parmy Olson

UBS Sells Stake After Write-Down NY Times / Mark Landler

UBS posts fresh $10bn write-down BBC News

Big Banks Scale Back Plan to Aid in Debt Crisis NY Times / Eric Dash

Wii are the champions The Economist

China 'Tightening' Forbes / Donald H. Straszheim

Oil prices edge up in trendless dealings AP via Houston Chronicle / George Jahn

Tax Fix May Doom Spending Cuts, and Democrats Bloomberg / Kevin Hasset


Losing Control Of Monetary Policy. Be Prepared For A Wave of US Bank Failures Axis of Logic via Fiend’s SuperBear Page / Mike Shedlock

Wall Street sell-off weighs on Asian stocks Marketwatch / V. Phani Kumar & Chris Oliver

Hong Kong cuts lending rate 0.25% in line with U.S. move Marketwatch / Chris Oliver

U.S. Corporate Debt Risk Rises on Concern Fed Cut Isn't Enough Bloomberg / Shannon D. Harrington

Was the Fed the real culprit? Marketwatch / Mark Hulbert

Colo. apartment vacancies at 7-year low Denver Post / Margaret Jackson

Why the credit squeeze is a turning point for the world FT / Martin Wolf

The Impending Destruction of the U.S. Economy, Part 1 Motley Fool / Morgan Housel

Fed rate cut sends Wall Street into tailspin San Francisco Chronicle / Sam Zuckerman

Boston Fed chief casts lone dissenting vote on rate cut Boston Herald / Robert Gavin

Why the Fed Hung Tough Business Week / Peter Coy

Taking the road less traveled San Diego Union Tribune / Penni Crabtree

Treasuries Rise Most in Three Years as Fed Rate Cuts Disappoint Bloomberg / Deborah Finestone and Sandra Hernandez

Dow down nearly 300 on rate-cut disappointment Chicago Tribune / Bill Barnhart Bill Barnhart

Stocks tumble after Fed's modest rate move Reuters / Kristina Cooke

Wall Street to Fed: Not good enough CNN / Alexandra Twin

U.S. stocks plunge as Fed action disappoints Marketwatch / Kate Gibson

Rate Cuts Alone Can't Fix Financials / James B. Stewart

Citi Swaps Prince For Pandit Forbes / Liz Moyer

A Comparison of Measures of Core Inflation Federal Reserve Bank of New York / Robert Rich and Charles Steindel

Fed Lowers Rate by a Quarter Point to 4.25 Percent Bloomberg / Craig Torres

Fed cuts rates by a quarter point CNN / Paul R. La Monica

US rates reduced for third time BBC News

Hiring Up Modestly, Jobless Rate Steady AP via South Florida Sun Sentinel / Jeannine Aversa

Huckabee's rise attracts attention to his embrace of controversial tax plan McClatchy / Kevin G. Hall

Senate drills Bush official over oil prices CNN / Steve Hargeaves

MD: Home sales decline 30% in the region Baltimore Sun / Lorraine Mirabella

FOMC Statement Federal Reserve Board

Fed: 2 tough decisions CNN / Paul R. La Monica

Consumer Confidence Rebounds Slightly In December Investors Business Daily

Crude rises above $90 on Fed rate cut expectations Marketwatch / Moming Zhou & Polya Lesova

The Restatement Bandwagon / Stephen Taub

Bankrate predicts higher revenues Miami Herald

Americans want government to act on economy: poll Marketwatch / Christopher Hinton

Will the Commercial Real Estate Market Fall? Of course it will Reggie Middleton’s Boom, Bust and Blog via Safehaven / Reggie Middleton

CA: Housing downturn may hit California hardest, experts warn San Francisco Chronicle Kelly Zito

WaMu: layoffs, losses — and worst isn't over Seattle Times / Drew DeSilver

Fed May Cut Rates, Leave Door Open for Further Action Bloomberg / Scott Lanman

O Tannenbaum: Holiday Cheer From The Fed NY Post / John Crudele

Gold futures trade flat ahead of Fed decision Marketwatch / Polya Lesova

Recession Predictions and Investment Decisions Washington Post / Allan Sloan

Consumer Slowdown to Hurt U.S. Economy Into 2008 Bloomberg / Shobhana Chandra and Kristy Scheuble

MBIA’s Gain is Ackman’s Big Pain NY Post / Roddy Boyd

Treasuries Rise on Bets Fed to Cut Today and in Months Ahead Bloomberg / Sandra Hernandez and Kim-Mai Cutler

Ambac, FGIC Commence Their Countdown to Armageddon Bloomberg / Joe Mysak

Subprime Lenders Are Doing What Comes Naturally Bloomberg / Caroline Baum

Nashville-area home prices rise as sales fall Tennessean / Getahn Ward

Bankers sit atop agenda at Fed Chicago Tribune / Bill Barnhart

Doom and gloom The Economist

Hiring outlook dims slightly AP via CNN

Uncreative Destruction Forbes / Bernard Condon

Fannie, Freddie buying fewer bad loans AP via Houston Chronicle

Tuesday’s Analysis / Marty Chenard

Coming up short in domain name game LA Times / Claudia Eller and Richard Verrier

Life In The Tiny Lane Forbes / Jerry Flint

Bet your bottom dollar CNN / David Ellis

Oil Prices Rise to $88.24 a Barrel AP via Chicago Tribune / Pablo Gorondi

Lending Outlook Expected to Color Fed's Rate Decision Washington Post / Neil Irwin and David Cho

Why contrarians see another Fed rate cut as inflationary Marketwatch / Mark Hulbert

Treasuries End 5-Day Loss on Bets Fed Will Cut Borrowing Costs Bloomberg / Wes Goodman

NFMA Calls For Better Disclosure Bond Buyer / Andrew Ackerman

MBIA Gets Extra Capital, Predicts Fourth Q Losses Bond Buyer / Matthew Hanson

Good News and Bad News Daily Standard / Irwin M. Stelzer

In pockets of foreclosure, housing woes spread block by block Christian Science Monitor / Ben Arnoldy

Congress to stop spread of reviled Alternative Minimum Tax Christian Science Monitor / Gail Russell Chaddock

Gas prices slice into pizza customer's dough Pittsburgh Post Gazette / Elwin Green

Oil Rises on Speculation Fed Cut Will Help U.S. Avoid Recession Bloomberg / Nesa Subrahmaniyan

UK: Factory inflation at 16-year high Scotsman / Scott Reid

Fed set to choose its weapon at dawn London Times / Gerard Baker

Washington Mutual Cutting Dividend and Jobs NY Times / Jad Mouawad

Asian Stocks Rise on U.S. Housing Data; Toyota, Westfield Rise Bloomberg / Chen Shiyin

Yen Falls to One-Month Low Against Dollar as Fed May Cut Rates Bloomberg / Ron Harui and Stanley White


Bank of America, Wachovia, PNC see tough fourth quarter, more credit losses Marketwatch / Greg Morcroft and John Spence

TAF - The Fed Is Not Tone-Challenged After All Northern Trust via Safehaven / Paul Kasriel

Even Fed can't offer much certainty in times likes these St. Louis Post Dispatch / David Nicklaus

Another interest rate cut may be soon AP via Tennessean / Martin Crutsinger and Eric Carvin

The Mirage of the Mortgage Fix Lew Rockwell / Llewellyn H. Rockwell, Jr.

Consumers won't see Fed benefits for months Marketwatch / Jennifer Waters

ESF Issues An Exposure Draft of Standardised Data File Format for CDOs SIFMA

AMT: House passes fix, Senate likely to kill CNN / Jeanne Sahadi

Sallie Mae Wants To Be Alone Forbes / Carl Gutierrez

Treasuries Fall Most Since 2004 as Central Banks Ease Lending Bloomberg / Sandra Hernandez and Deborah Finestone

Pimco's Bill Gross Says Fed Cash Plan a `Good Move' Bloomberg / Brian Sullivan and Deborah Finestone

Bank of England and Fed act to ease crisis Telegraph / Edmund Conway

Why the Fed bailout might not work Fortune via CNN / Peter Eavis

Fed Historian Meltzer Says Greenspan Is `Too Easy on Himself' Bloomberg / Steve Matthews and Tom Keene

Fed Bypasses Procedures to Gain Auction Authority in Rare Move Bloomberg / Scott Lanman

Fed Pitches A Curve Forbes / Evelyn M. Rusli

Don't Overlook Super-Cheap Emerging-Market Bonds / Igor Greenwald

Dow gains 41 after morning rally fades Chicago Tribune / Bill Barnhart

The dogged bull CNN / Alexandra Tw

Fed Rally Fades / Mark Glassman

Dow rides roller-coaster after Fed addresses credit AP via Houston Chronicle

Trade group lowers airline profit outlook for 2008 Dallas Morning News / Terry Maxon

Economy emerging as key election issue AP via MSNBC

Gold futures edge higher after Fed liquidity steps Marketwatch / Polya Lesova

Oil climbs on central bank plan BBC News

Bank of America outlook now negative - Moody's Reuters

US SWAPS-Global liquidity program deflates risk spreads Reuters / Richard Leong

From Santa to Scrooge The Economist

Greenspan Sharpens His Comedy Routine via Safehaven / Brady Willett

Federal Reserve and other central banks announce measures designed to address elevated pressures in short-term funding markets Federal Reserve Board

The Financial Consumer Hotline Act of 2007 Federal Reserve Board / Sandra F. Braunstein

Rate cut may help overall confidence Chicago Tribune / Bill Barnhart

Oil tops $92 as supplies fall CNN / Steve Hargreaves

Wednesday’s Analysis / Marty Chenard

Stocks Hold Near Highs On Heavy Volume Investors Business Daily / Alan R. Elliott

Stocks soar as Fed boosts lending CNN / Rob Kelley

Sallie Slashes 2008 Profit Forecast AP via Washington Post / Marcy Gordon

US retail season off to solid start –SpendingPulse Reuters

China's economic storm clouds gather Globe and Mail / Marcus Gee

Import prices rise 2.7%, the most in 17 years Marketwatch / Rex Nutting

U.S. Trade Gap Widened in October as Crude Oil Rose Bloomberg / Joe Richter

Gold extends decline; some see buying opportunity Marketwatch / Polya Lesova

Fed's Cut Spurs Shoulda-Woulda-Couldas Bloomberg / Caroline Baum

Fed in global alliance to fight credit crunch AP via CNN

Fed, ECB, Central Banks Coordinate to Add Liquidity Bloomberg / Scott Lanman

How much help will Fed's 0.25% rate cut be? Mercury News / Mark Schwanhausser

The Roots of the Mortgage Crisis Wall Street Journal / Alan Greenspan

Greenspan: How the credit crisis happened CNN

Fed Forecasters Who Got It Right See Funds Rate Falling to 3.5% Bloomberg / Daniel Kruger and Steve Matthews

Wachovia boosts 4Q writedown estimate AP via Houston Chronicle / Ieva M. Augstums

U.S. foreclosures jumped in November Marketwatch

Bank of America Expects Profit to Be `Disappointing' Bloomberg / David Mildenberg

Mortgage Applications Increase In Latest MBA Weekly Survey Mortgage Bankers Association

Mortgage Application Volume Rises AP via Forbes

Stock futures rise after Tuesday's drop AP via Denver Post / Madlen Read

Paying for Tax Fix Divides Dems, GOP AP via Chicago Tribune / Tim Paradis

Treasuries Fall on Speculation Fed to Alter Lending Practices Bloomberg / Sandra Hernandez and Kim-Mai Cutler

Branson, Lewis Know What You Don't About Subprime Bloomberg / Matthew Lynn

Fed Skeptical of Recession, Disappoints Some Investors With Cut Bloomberg / Scott Lanman and Craig Torres

‘Natural’ AAA Bonds See Demand Bond Buyer / Matthew Posner

U.S. Notes Fall; Two-Year Yield Below 3% Deters Some Investors Bloomberg / Wes Goodman

German confidence at lowest since 1993 Telegraph / Ambrose Evans-Pritchard

UK: Business failures 'to rise by 9pc' Telegraph / Angela Monaghan

Japan Headed for `Mild Recession' in 2008, Morgan Stanley Says Bloomberg / Jason Clenfield

Fed lowers interest rates again Christian Science Monitor / Ron Scherer

Oil Falls on Concern U.S. Rate Cut Not Enough to Stem Slowdown Bloomberg / Gavin Evans

Asian Stocks Fall Most in 3 Weeks on Fed Rate Cut; Sony Drops Bloomberg / Chen Shiyin

Yen Falls as Japan Investors May Buy Assets Abroad With Bonuses Bloomberg / Stanley White and Ron Harui



A Letter From Santa Claus Forbes / Jim Oberweis

An Interview with Ron Paul Casey Research via Safehaven / Doug Casey

Farm bill nears passage in Senate Fresno Bee / Michael Doyle

What happens next in the AMT saga? Newsday / Tami Luhby

Greenspan: Odds of recession are climbing AP via CNN

Inflation-linked bonds weather PPI report Marketwatch / Jonathan Burton

Manipulating the Interest Rate: a Recipe for Disaster Ludwig Von Mises Institute / Thorsten Polleit

The Fed's tightrope act CNN / Paul R. La Monica

A collaboration over the credit crisis The Economist

Investors Await More Data Friday Forbes / Steve Schaefer

U.S. stocks trim losses as uncertainty linger Marketwatch / Kate Gibson

Looking for growth stocks when there is not much growth The Economist

The walking dead The Economist

Qwest reinstitutes quarterly dividend Denver Post / Andy Vuong

Energy bill could go to White House next week Houston Chronicle / David Ivanovich

Hillary Clinton no longer looks inevitable The Economist

Listening Politely In Beijing Forbes / Donald H. Straszheim

Click to buy The Economist

UK: Gordon Brown risks provoking two dangers that he is trying to avert The Economist

CIBC's Big Subprime Secret Might Cost Billions Bloomberg / Jonathan Weil

Statement Regarding System Open Market Account Activity Federal Reserve Bank of New York

Ben Must Really Be Worried About The Economy NY Post / John Crudele

Fed Tries to Separate Market Strains From Economy Bloomberg / Craig Torres and Rich Miller

Helicopters start dropping bundles of cash FT / Martin Wolf

Fed’s Mar$hall Plan Fizzles NY Post / Paul Tharp

Gold futures tumble to trade below $800 Marketwatch / Polya Lesova

Mortgage Rates Climb This Week AP via San Francisco Chronicle / Jeannine Aversa

AMT: The fight for a fix CNN / Jeanne Sahadi

Republicans like protectionism, too Fortune via CNN / Nina Easton

The New Dow Jones Forbes / Louis Hau

What does Brittany Spears, Snow White and MBIA have in Common? Safehaven / Reggie Middleton

Treasurys Off; Central Bank Plan in View AP via Washington Post / Leslie Wines

Treasurys slip after retail sales, inflation data Marketwatch / Lisa Twaronite

LBOs Find Cash as Goldman, TCW Raise Mezzanine Funds Bloomberg / Bhaktavatsalam and Jason Kelly

Lehman's profit tops forecasts Marketwatch / John Spence

Libor Fails to Drop From 7-Year High; Crunch Persists Bloomberg / Gavin Finch

Restoring Market Liquidity in a Financial Crisis Federal Reserve Bank of New York / Timothy Geithner

Geithner Says Fed, Central Banks Reviewing `Additional' Tools Bloomberg / Craig Torres and Anthony Massucci

Federal Reserve goes global in bid to stem credit crunch LA Times / Peter G. Gosselin

Thursday’s Analysis / Marty Chenard

Wall Street Poised for Lower Open AP via San Francisco Chronicle / Tim Paradis

Costco Wholesale profit rises, led by overseas gains Marketwatch / Andria Cheng

Costco leads a decline in retail shares Marketwatch / Andria Cheng

With this housing scene, it’s a rentals market NBC via MSNBC / Jean Chatzky

U.S. Treasuries Fall as Retail Sales, Producer Prices Climb Bloomberg / Mark Tannenbaum and Daniel Kruger

Happy New Year? Forbes / Liz Moyer

U.S. initial jobless claims fall 7,000 Marketwatch / Ruth Mantell

U.S. November Retail Sales Rise More Than Forecast Bloomberg / Joe Richter

U.S. November Producer Prices Rise 3.2%; Core Up 0.4% Bloomberg / Bob Willis

International traders deflate crude slightly AP via Houston Chronicle

Libor Stays at 7-Year High as Credit Squeeze Persists Bloomberg / Gavin Finch

IL: State looks to buy Wrigley Chicago Tribune / Jim Kirk

Analysts Late to the Alarm Washington Post / Tomoeh Murakami Tse

Schultz sees an apocalypse now Marketwatch / Peter Brimelow

Fed Leads Global Bid to Spur Loans Washington Post / Neil Irwin

Wall Street heading toward its own Big Bang Marketwatch / David Callaway

Fed acts, but a dip still looms Christian Science Monitor / Ron Scherer

Hedge-Fund Guy Is Up SIV Creek Without a Paddle Bloomberg / Mark Gilbert

Oil Falls After Surging Past $94 on Central Banks, Stockpiles Bloomberg / Sophie Tan and Angela Macdonald-Smith

Yen Climbs From One-Month Low Against Dollar on Credit Losses Bloomberg / Ron Harui and Stanley White

Yen May Extend Drop as Central Banks Move to Ease Credit Crunch Bloomberg / Min Zeng and Bo Nielsen


Ben Bernanke will save the world, but first we bleed Telegraph / Ambrose Evans-Pritchard

Battered dollar draws planeloads of 'rich' shoppers Marketwatch / Andria Cheng

More Gasoline on the Fire Euro Pacific via Safehaven / Peter Schiff

Homeowners bail on loans due to more than just mortgage-rate resets AP via South Florida Sun Sentinel / Rachel Beck

Bernanke Seeks Greater Disclosure From Home Lenders Bloomberg / Craig Torres

Fed's dilemma: Accept slow growth, or rising prices? McClatchy via Charlotte Observer / Kevin G. Hall

Central banks' joint action can't ease credit woes overnight St. Louis Post Dispatch / David Nicklaus

Treasurys fall on brisk inflation rise AP via Houston Chronicle / Leslie Wines

Investors Pray For Wall Street Hail Mary Forbes / Steve Schaefer

Maybe Jim Cramer isn't so Mad after all Globe and Mail / John Heinzl

Moody's warns on ratings of some bond insurers Marketwatch / Alistair Barr

Citi shares recover; BofA, Wachovia down AP via Charlotte Observer

Fed funds futures suggest January rate cut is no longer a certainty AFX via Forbes

U.S. Economy: November Consumer Prices Rise More Than Forecast Bloomberg / Shobhana Chandra

Industrial production rebounded in November AP via MSNBC

U.S. Online Sales Growth Slows Amid Holiday Slump Bloomberg / Joseph Galante

Black & Decker cuts 4th-qtr outlook; shares drop Reuters / Martinne Geller

Stocks Fall Amid Inflation Concerns AP via San Francisco Chronicle / Tim Paradis

Friday’s Analysis / Marty Chenard

U.S. Stocks Drop as Inflation Tops Forecasts; Amazon, EBay Fall Bloomberg / Lynn Thomasson

Stocks Mixed On Weak Volume Investors Business Daily / Alan R. Elliott

Gold falls for second day amid dollar strength Marketwatch / Polya Lesova and Moming Zhou

Run Away! via Safehaven / Gary Tanashian

Oil Prices Rise on Demand Forecast AP via Orlando Sentinel / Pablo Gorondi

Dollar Gains Most Since May 2005 Versus Euro as Inflation Rises Bloomberg / Min Zeng

MI: Home sales slide in most of Metro area Detroit News / Nathan Hurst

Dallas-Fort Worth sellers trim home prices for seasonal sales Dallas Morning News / Steve Brown

Orange County is again an uneasy investor LA Times / Christian Berthelsen

U.S. States, Cities Borrow $16 Billion as Short-Term Rates Fall Bloomberg / William Selway

U.S. Notes Rise as Credit Woes Drive Demand for Safest Assets Bloomberg / Anchalee Worrachate and Wes Goodman

Goldman wins $4bn on US sub-prime bet London Times

Assured Looks to Reinsure Competitors Bond Buyer / Matthew Hanson

Money-Market Rates Fail to Respond to Bank Measures Bloomberg / Gavin Finch

Banks have $100bn, but no magic wand Telegraph / Edmund Conway and Iain Dey

Credit crunch signals permanent shift in power Telegraph / Jeff Randall

Stock futures slip; Citi to absorb SIV assets Marketwatch / Simon Kennedy

Oil Rises in Asia to Mid-$92 a Barrel AP via LA Times

OPEC sees risks to economy, easing pressure on oil prices Reuters

Dollar Heads for Weekly Advance Before Consumer Prices Report Bloomberg / Agnes Lovasz and Stanley White

FHA Loan Expansion Heading To a Vote Washington Post / David Cho

Foreclosures Hammer Countrywide NY Post / Zachery Kouwe

Money Pits Lew Rockwell / Doug French

Clinton apologises to Obama for slur FT / Edward Luce

U.S. Consumer Prices Probably Rose in November as Fuel Surged Bloomberg / Shobhana Chandra

Lehman’s Earnings Fall 12% in a Season That Could Have Been Worse NY Times / Jenny Anderson

Key Wall Street Hedgie Unravels NY Post / Roddy Boyd

Site That Tracks Brokers Questioned on Erased Cases NY Times / Lynnley Browning

It’s Now Curtains for Commodities at NYBOT NY Post / Zachery Kouwe

A New Breed of Billionaire NY Times / Landon Thomas Jr.

Chinese economy sets blistering pace for 2007 AP via Houston Chronicle

Euro Inflation Surges 3.1 Percent AP via Forbes


Mortgage rates climb, frustrate buyers Denver Post

Clock strikes gold for soaring prices Pittsburgh Post Gazette / Jason Cato

MA: Realtors face tough reality Boston Herald / Jay Fitzgerald

IL: Commercial sales outlook turns darker Chicago Tribune / Susan Diesenhouse

CITI Rescue Is A Winner NY Post / Paul Tharp

Fed Taking on Abusive Lending Practices AP via Forbes / Jeannine Aversa

Fed Plans To Curb Mortgage Excesses Washington Post / David Cho

U.S. Two-Year Notes Fall Most in Three Years on Inflation Jump Bloomberg / Deborah Finestone and Lydia Thew

Moody's Puts FGIC, XL on Notice for Downgrade; MBIA Outlook Cut Bloomberg / William Selway and Christine Richard

Canadian Group Asks for 3 More Months to Convert Debt Bloomberg / Doug Alexander

U.S. stocks seen volatile as financial earnings loom Marketwatch / V. Phani Kumar

Dollar Rises to 1-Month High Versus Euro, Yen on Inflation, Fed Bloomberg / Min Zeng

Bush's Budget Wins May Cost Him Washington Post / Jonathan Weisman

Text of President Bush's weekly radio address Marketwatch

Text of Democratic Party weekly radio address Marketwatch

Stocks end turbulent week with a thud AP via South Florida Sun Sentinel / Tim Paradis

Paid in Dollars, Some Americans Are Struggling in Europe NY Times / Doreen Carvajal