Bondhead News Archive

December 16 – December 31

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You Can Almost Hear It Pop NY Times / Stephen Roach

Gold's odd price move Marketwatch / Peter Brimelow

Ron Paul White House bid raises $4.5 million Reuters

Lump of Coal Awards, Part 2 Marketwatch / Chuck Jaffe

Municipal SIV advocates fly into turbulence FT / Daniel Pimlott

Credit default rates FT / Lex

Oil rises on storm Reuters via Washington Post / Jonathan Leff

Fasten your seatbelts for 2008, market experts warn USA Today / Adam Shell

Hold tight, the central banks have no plan FT / Wolfgang Munchau

Greenback's comeback may be fleeting Globe and Mail / Allan Robinson

MI: Across state, more appeal assessed home values Detroit Free Press / Margarita Bauza

Bernanke Creates Frustration NY Post / David Nelson

Greenspan: Homeowners need cash boost AP via CNN

Retailers see slower holiday growth: reports Reuters / Martinne Geller

Some stores see buyers holding off Modesto Bee / Ben van Meer

Goldman success brings unwanted attention Reuters / Joseph A. Giannone

Plenty of oil left in the global tank London Times / David Smith

FL: Flood of foreclosures creates new business St. Petersburg Times / James Thorner

TN: Working-class areas lead Nashville's foreclosures Tennessean / Chas Sisk

Interest-Rate Derivatives May Be Best Measure of Fed Progress Bloomberg / Liz Capo McCormick

Alan Greenspan Says He Sees `Early Symptoms' of Stagflation Bloomberg / Christopher Wellisz

What will the economy do in 2008? St. Louis Post Dispatch / David Nicklaus

Spending May Rise, Home Construction Fall: U.S. Economy Preview Bloomberg

Year's end has consequences that will carry over Pittsburgh Post Gazette / Gregory M. Drahuschak

Banking fees up again / Greg McBride

Wall Street results in focus this week CNN / David Ellis

IL: Can this county budget be saved? Chicago Tribune / Greg Burns

FL: Rate cut not a quick fix for housing slump South Florida Sun Sentinel / Harriet Johnson Brackey

Bottled Water’s Impact on The Environment Mercury News / Mark Boslet

Two Options to Fight Off Inflation Washington Post / Martha M. Hamilton

In a Mess, Yes, but She’s Got a Plan NY Times / Joe Nocera

State of the Household Washington Post / Neil Irwin

Fasten your seat belts, economy getting bumpy Marketwatch / Greg Robb

Good for Goldman but who are the losers? Telegraph / Sylvia Pfeifer

CA: Investors own about one-fifth of Bay Area homes in foreclosure San Francisco Chronicle / Erin McCormick and Carolyn Said

Are Buyback Stocks Still Good for Investors? Marketwatch via NY Times / Mark Hulbert

Google Gets Ready to Rumble With Microsoft NY Times / Steve Lohr and Miguel Helft

Execs: Web ad spending should be higher AP via Charlotte Observer / Seth Sutel

Gold loses a bit of its luster LA Times / Tom Petruno

Buy yourself gold for portfolio protection? LA Times / Tom Petruno

The Republicans’ Expensive Tax Promise NY Times / Tom Redburn


US Fed policymaker questions language in statements-WSJ Reuters

Get ready for a long haul Marketwatch / Dr. Irwin Kellner

Hong Kong, Seoul climbs as buyers hunt bargains Marketwatch / Chris Oliver

Pimco's Gross Says Agency Mortgage Bonds Have `Value' Bloomberg / Daniel Kruger

Treasuries: Weak factories, stocks, bolster safety bid Reuters / Ellen Freilich

Ambac, MBIA Rise on Moody's Affirmation of Aaa Rating Bloomberg / Christine Richard

Goldman Shines Forbes / Liz Moyer

Fed Will Limit Penalties on Prepayment of Subprime Mortgages Bloomberg / Craig Torres

Federal Reserve will offer $20 billion in 28-day credit through its Term Auction Facility Federal Reserve Board

TD Waterhouse predicts no U.S. recession in 2008 CP via Globe and Mail

Rough Patch Forbes / Brian Wingfield

The Importance of Fiscal Responsibility in Government Safehaven / Ron Paul

CA: November home prices slide 10% from 2006 San Diego Union Tribune / Roger Showley

Bernanke Blows Smoke National Review / Larry Kudlow

December home builder sentiment holds at record low Reuters / Julie Haviv

Stocks knocked back CNN / Alexandra Twin

Stocks Fall Amid Economic Worries AP via South Florida Sun Sentinel / Madlen Read

U.S. stocks slump to more than two-week lows Marketwatch / Kate Gibson

Paper Promises Poised On Precarious Perch via Safehaven / Captain Hook

Oil slips to $90.63 on talk of OPEC output hikes AP via Houston Chronicle

SIFMA Supports MSRB System for Electronic Disclosure of Official Statements For New Issue Municipal Securities SIFMA

Treasurys rally on year-end safety bid AP via Houston Chronicle / Leslie Wines

China's economic muscle 'shrinks' BBC News

Economy in good shape but "storm clouds" loom: Bush Reuters

Bush Says Budget Negotiations Making `Good Progress' Bloomberg / Roger Runningen

Selling on Stagflation / Mark Glassman

U.S. Stocks Fall; Exxon, Freeport-McMoRan, Caterpillar Decline Bloomberg / Lynn Thomasson

Monday’s Analysis / Marty Chenard

TREASURIES-Weak factories, stocks, bolster safety bid Reuters / Pedro Nicolaci da Costa

Treasuries Gain as Global Stock Declines Spur Demand for Safety Bloomberg / Deborah Finestone and Sandra Hernandez

Current Account Shortfall Shrinks Dow Jones via

Stock Futures Fall Ahead of Fed Auction AP via Chicago Tribune / Madlen Read

Stagflation May Return as Price Pressures Meet Credit Squeeze Bloomberg / Rich Miller

Fed's Auctioning Money Won't Fix Credit Problems Bloomberg / John M. Berry

`Tis Not the Jolly Season for Central Bankers Bloomberg / Caroline Baum

International Buying of U.S. Financial Assets Jumps in October Bloomberg / John Brinsley

Ambac, MBIA Shares Rise on Moody's Affirmation of AAA Ratings Bloomberg / Christine Richard

Merrill Lynch to Cut Fixed-Income Group's Bonuses, People Say Bloomberg / Bradley Keoun

Bears Capitulate as Treasuries Thwart Chart Watchers Bloomberg / Daniel Kruger

Trade deficit falls to lowest point in 2 years AP via Dallas Morning News

Fed Rate Cut Isn't Enough to Ease Housing Woes Bloomberg / John F. Wasik

A Christmas Package for Banks Economist via

Dollar makes gains on euro AP via Houston Chronicle

Gold futures slip as investment demand wavers Marketwatch / Polya Lesova

Oil prices fall on US economic worries AP via Houston Chronicle

Wheat Price Surges Above $10 for First Time on Supply Concerns Bloomberg / Madelene Pearson and Marianne Stigset

President Mike? Forbes / David A. Andelman

Clinton's Ties to Burkle Include Funds in Offshore Tax Haven Bloomberg / Timothy J. Burger and Ryan J. Donmoyer

Ways to Get Economic Stimulus Right This Time Bloomberg / Gene Sperling

A Once-Cryptic Fed Chairman Is Suddenly Full of Advice NY Sun / Nicholas Wapshott

Greenspan Urges U.S. to Help Those Facing Foreclosure NY Times / Joseph B. Treaster

Evidence suggests credit crunch crisis not over Telegraph / Roger Bootle

Americans Are Less Pleased With U.S. Services Washington Post / Stephen Barr

Some say greenback's upside could reappear after expected U.S. slowdown Marketwatch / Lisa Twaronite

Dollar hits two-month high as Fed rate cut doubted Reuters via Guardian

DC: One-Two Punch to Area's Budgets Washington Post / Bill Turque

Asian Stocks Fall for Fourth Day; BHP Billiton Leads Decline Bloomberg / Hanny Wan and Emma O'Brien

UK: Debt burden higher than during 1991 recession Telegraph / Edmund Conway

To other economic warnings, add inflation Christian Science Monitor / Ron Scherer

Retailers Face an Ominous Holiday Sign NY Times / Michael Barbaro

The crux of U.S. budget battle: How to pay? Christian Science Monitor / Gail Russell Chaddock

This crisis is no longer a simple problem of liquidity London Times / Anatole Kaletsky

Dollar Rises to Seven-Week High Versus Euro on Faster Inflation Bloomberg / David McIntyre and Kosuke Goto

The one-word answer to sky-high oil prices Christian Science Monitor / David R. Francis


With $25 million to invest, you can afford to be aggressive Marketwatch / Thomas Kostigen

CA: Foreclosure investors tread mean streets Orange County Register / Andrew Galvin

Economy teeters on brink, Resler says Marketwatch / Rex Nutting

Stagflation signs not so clear as some may fear Chicago Tribune / Bill Barnhart

Fisher says Fed must be mindful of inflation Reuters / Alister Bull

Monetary rescue helicopters getting bigger FT / Gillian Tett

Central banks buy time for commercial lenders Globe and Mail / Heather Scoffield

Investors stunned by ECB’s €350bn FT / Ralph Atkins, Dave Shellock and Gillian Tett

CA: Home prices tumble San Diego Union Tribune / Roger Showley

Southern California home prices tumble in November Reuters

Color Me Green Daily Standard / Irwin M. Stelzer

Stocks hold onto gains CNN / Alexandra Twin

U.S. Stocks Rise, Led by Utility, Energy Shares; Hess Advances Bloomberg / Eric Martin

Street punishes Best Buy’s success Fortune via CNN / James Ledbetter

$3 gas: America's braking point CNN / Steve Hargeaves

Inflation Index Manipulation: Theft By Statistics The Great Retirement Experiment via Safehaven / Daniel Amerman

ECB Lubricates Banking System With $500B Forbes / Parmy Olson

Ten-Year Notes Rise After U.S. Housing Starts, Permits Drop Bloomberg / Sandra Hernandez

Defaults to Quadruple as More Companies Cut to Junk Bloomberg / Fabio Alves

Oil Falls As Turks Withdrawal From Iraq AP via Washington Post / John Wilen

Tuesday’s Analysis / Marty Chenard

Stocks Turn Lower After ECB Loan AP via Washington Post / Madlen Read

Earnings Lift Stocks Early / Mark Glassman

Benefits coffers short by trillions AP via Washington Times / Martin Crutsinger

Easy Money, Easy Lies Lew Rockwell / Llewellyn H. Rockwell, Jr.

Feds' Financials Flunk, Again / Marie Leone

Paulson Defends Plan To Prevent Foreclosures Washington Post / Neil Irwin

Have a Lot of Problems with You People! Northern Trust via Safehaven / Paul Kasriel

U.S. Economy: Housing Starts Drop, Permits Reach 14-Year Low Bloomberg / Bob Willis

More holiday shoppers say they'll spend less Reuters / Nicole Maestri

Request for comment on changes to Regulation Z to protect consumers from unfair or deceptive home mortgage lending and advertising practices Federal Reserve Board

Some States Not Planning for Flu Season AP via Washington Post / Kevin Freking

What Does the Yield Curve Tell Us About the Federal Reserve's Implicit Inflation Target? pdf Federal Reserve Bank of Kansas City / Taeyoung Doh

Annual Notice of Asset-Size Exemption Threshold for Depository Institutions Federal Reserve Bank of Atlanta

Upstate New York Employment Trends Federal Reserve Bank of New York

MBIA, FGIC Granted Reprieve They Need From Moody's Bloomberg / Joe Mysak

Platinum hits record highs, gold rises above $800 Reuters

U.S. Stocks Rise on Bank Cash Infusion; Energy Shares Advance Bloomberg / Eric Martin

Best Buy 3Q profit soars, raises outlook AP via Houston Chronicle / Joshua Feed

Heavy reading The Economist

Goldman Sachs stays golden CNN / David Ellis

U.S. Retailers Post Smallest Sales Gain in 2 Months Bloomberg / Joseph Galante

Home construction drops to 16-year low AP via Chicago Tribune

How Can You Oppose Health Care for Children? Ludwig von Mises Institute / Gary Galles

U.K. Rate Cut Bangs Final Nail Into King's Coffin Bloomberg / Mark Gilbert

Depression? The word is it’s all just talk London Times / Gerard Baker

Now, world buoys U.S. economy Christian Science Monitor / Mark Trumbull

Retailers may give in to bargain-seeking shoppers Marketwatch / Andria Cheng

Ambac Gets Moody's Vote of Confidence Bond Buyer / Matthew Hanson

Treasuries Little Changed, Holding Gains as Global Stocks Fall Bloomberg / Wes Goodman

The stock market really hasn't been all that volatile Marketwatch / Mark Hulbert

In Speech, Bush Tries To Ease Fears On Economy Washington Post / Kristen Mack

Republicans score key wins on spending Christian Science Monitor / Gail Russell Chaddock

ECB to lend below market rates in credit squeeze fight London Times / Philip Webster

Australian Central Bank Says Credit Slump Halted Rise Bloomberg / Jacob Greber

BOJ Likely to Keep Rate at 0.5% as Confidence Wanes Bloomberg / Mayumi Otsuma

Asian Currencies Fall, Led by Peso, Won, as Funds Dump Shares Bloomberg / Yumi Teso



Ron Paul: Mr. Republican Ludwig von Mises Institute / By Llewellyn H. Rockwell, Jr.

TREASURIES-Steady in Asia after liquidity auction results Reuters / Chikako Mogi

Congress approves huge spending bill FT / Andrew Ward

Strong Fed Auction Eases Credit Fears, But By How Much? Investors Business Daily / Christina Wise

Municipal Debt TOBs May Be `Danger Zone' After SIVs Bloomberg / Steve Rothwell

AMT 'patch' on way to White House for signature Marketwatch / Robert Schroeder

AMT Escape! Forbes / Brian Wingfield

Stocks end volatile up-and-down session mixed Marketwatch / Kate Gibson

Fed's failure to communicate adds to risks Marketwatch / Greg Robb

Fed's Lacker Sees `Very Weak' Growth Into Next Year Bloomberg / Craig Torres and Steve Matthews

Economic Outlook Federal Reserve Bank of Richmond / Jeffrey M. Lacker

Administration won't cite China as a currency manipulator AP via Houston Chronicle

Stocks resurface in a choppy session CNN / Ben Rooney

Morgan Stanley Meltdown Forbes / Liz Moyer

FDIC Proposes Rule to Enhance the Process for Determining Insurance in the Event of a Large Bank Failure FDIC

FDIC Reports Third Quarter 2007 Financial Results for the Deposit Insurance Fund FDIC

Fed auctions off $20 billion at 4.65 percent Reuters / Mark Felsenthal

Fed's Lends $20 Billion in Funds at Yield of 4.65% Bloomberg / Liz Capo McCormick

Oil rises on big drop in supplies CNN / Steve Hargreaves

Wednesday’s Analysis / Marty Chenard

Stocks Post Mild Gains After Fed Data: Volume Weak Investors Business Daily / Alan R. Elliott

Equities Cling to Gains / Mark Glassman

Dollar jumps vs. pound after dovish BoE minutes Marketwatch / Lisa Twaronite

Don't let bond limits limit you Washington Post via Contra Costa Times / Michelle Singletary

UK: More interest rate cuts expected as inflation remains at 2.1% Independent / Nikhil Kumar

Federal Reserve Events Reuters

Why Central Banks Are 'Experimenting' Business Week / Peter Coy

Greenspan's '63 Essay Foretold Subprime Inaction Bloomberg / Jonathan Weil

Municipal Bonds Swoon With Worst Total U.S. Returns Since 1999 Bloomberg / Michael Quint and Jeremy R. Cooke

Treasuries Rise on Concern Financial Market Turmoil to Persist Bloomberg / Sandra Hernandez and Kim-Mai Cutler

The dollar and the world economy The Economist

Gold futures edge lower, but hold above $800 Marketwatch / Polya Lesova

Morgan Stanley Post Loss on 4Q Writedown AP via Forbes / Joe Bel Bruno

Morgan: New $5.7B writedown CNN / David Ellis

Mortgage Applications Decrease In Latest MBA Weekly Survey Mortgage Bankers Association

Mortgage applications tumble, MBA says CNN

Foreclosures fall second time in 3 months: report Reuters

U.S. Foreclosures Rose 68 Percent in November, RealtyTrac Says Bloomberg / Dan Levy

Growing number of Americans expect recession: poll Reuters / Emily Kaiser

Paulson Gets Diminishing Return With Bush, Like Powell, O'Neill Bloomberg / Matthew Benjamin and Catherine Dodge

Huckabee and Giuliani tied in 2008 Republican race Reuters / John Whitesides

Nacchio's got me, babe Denver Post / Al Lewis

German business confidence slips AP via Houston Chronicle / Matt Moore

Fed aims to ease credit strains with cash auction Reuters / Mark Felsenthal

The collapse of the modern day banking system Pakistan Daily Times / Mike Whitney

Fed Tightens Loan Rules After Failing to Stem Subprime Crisis Bloomberg / Craig Torres

Fed passes reforms to combat subprime mortgage crisis Christian Science Monitor / Ron Scherer

Fed Takes Aim at Deceptive Home Lending Practices Washington Post / David Cho

In Reversal, Fed Approves Plan to Curb Risky Lending NY Times / Edmund L. Andrews

Betting on their companies' stocks Marketwatch / Mark Hulbert

Banks Study Bailing Out Struggling Bond Insurer NY Times / Vikas Bajaj and Gretchen Morgenson

No CREBs From House Bond Buyer / Humberto Sanchez

Study Sizes Up States' Substantial Retiree Benefit Costs Washington Post / Kirstin Downey

FL: More struggle with high medical costs, report says Palm Beach Post / Phil Galewitz

House Sends President An Energy Bill to Sign Washington Post / Steven Mufson

UK: Drop in core inflation eases way for UK rate cut London Times / Gabriel Rozenberg

A $500 Billion Correction Washington Post / Steven Pearlstein

ECB's mind-numbing cash injection is no magic cure Telegraph / Tom Stevenson

Robin Hood Makes Unwelcome Appearance in Japan Bloomberg / William Pesek


Pimco boss says US in recession FT / Matthew Garrahan

Oil prices will swamp subprime as market driver Chicago Tribune / Bill Barnhart

Oil prices decline on concerns about economic growth AP via Houston Chronicle

Gold slips as dollar strengthens AP via Houston Chronicle / Stevenson Jacobs

Explosive Money Supply Fuels Global Inflation SirChartsAlot via Safehaven / Gary Dorsch

Small-company stocks' streak winds down USA Today / Adam Shell

Wall Street Hits '07 Home Stretch Forbes / Steve Schaefer

U.S. housing market to 'hit bottom' in 2009, economist says Palm Beach Post / Linda Rawls

FL: Late shoppers, retail jitters as holiday nears South Florida Sun Sentinel / Jaclyn Giovis

Tip-Happy New Yorkers Grab $10s, $20s, $50s to Give Bloomberg / Nancy Moran

IRS paid contractor $188,000 to provide $38,000 clerk AP via Houston Chronicle

Rating Subprime Investment Grade Made `Joke' of Credit Experts Bloomberg / Kathleen M. Howley

One-Month Treasury Yields Fall on Concern Writedowns to Persist Bloomberg / Sandra Hernandez

MBIA slumps on concern about CDO exposures Marketwatch / Alistair Barr

MBIA stock plunges on Fitch warning AP via CNN

Bond insurer defaults threaten big banks Fortune via CNN / Katie Benner

Rates on 30-year mortgages are highest level in 4 weeks AP via USA Today

Stocks Rise After Earnings

Stocks climb despite downbeat economic reports AP via Seattle Times / Tim Paradis

Stocks Rise After Earnings / Mark Glassman

AMT on hold again Cincinnati Enquirer

Exiting Shareholders Impact Fund Performance / Rob Wherry

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

Business Outlook Survey Federal Reserve Bank of Philadelphia

Five Banks Launch Mortgage Relief Initiative for New England Federal Reserve Bank of Boston

Agencies Release Annual CRA Asset-Size Threshold Adjustments for Small and Intermediate Small Institutions Federal Reserve Board

Demand at Fed Auction Seen as Bad Sign NY Sun / Travis Pantin

Why the Fed has lost its mojo CNN / Allan Sloan

Sheriff needed for new Fed rules McClatchy via Seattle Times / Kevin G. Hall

Thursday’s Analysis / Marty Chenard

Non Peak Oil Update Lew Rockwell / George Giles

Why gold could hit $1,100 an ounce this year MoneyWeek via Fiend’s SuperBear Page / Dominic Frisby

U.S. dollar lures thrifty Canadians AP via Miami Herald / Charmaine Noronha

Loonie named Time newsmaker of 2007 Globe and Mail / Roma Luciw

Bond rating move could cost municipalities billions AP via Pittsburgh Post Gazette / Stephen Bernard

Munis: How Safe? Business Week / Ben Steverman

U.S. Treasuries Little Changed as Money-Market Rates Decline Bloomberg / Sandra Hernandez and Kim-Mai Cutler

MBIA Bond Risk Soars on $8.1 Billion Subprime CDO Disclosure Bloomberg / Shannon D. Harrington and Christine Richard

More People Sign Up for Jobless Benefits AP via Forbes

Third-quarter GDP unrevised at 4.9% growth Marketwatch / Rex Nutting

High cost of food hard to swallow Cox News via Detroit News

Crude-oil futures drop to trade below $91 a barrel Marketwatch / Polya Lesova

Dollar firms against most major rivals in thin market Marketwatch / Lisa Twaronite

Stocks open firmly higher as Oracle lifts techs Marketwatch / Nick Godt

U.S. Stock-Index Futures Rise; Oracle, Nike Shares Advance Bloomberg / Marco Bertacche and Eric Martin

CompUSA's days are numbered Denver Post / Kimberly S. Johnson

Rite Aid reports wider 3rd-quarter loss AP via Houston Chronicle / Marc Levy

Goldman’s Astounds Street With Inside Track NY Post / John Crudele

One-year AMT fix a done deal CNN / Jeanne Sahadi

Tax Increase Averted as U.S. Democrats Bypass Budget Rules Bloomberg / Alison Fitzgerald and Ryan J. Donmoyer

Moves by Fed and ECB May Offer Relief for Homeowners / Aleksandra Todorova

TN: Weaker real estate market drives push for apartments Tennessean / Chas Sisk

Shrinking dragon The Economist

China Raises Interest Rates for 6th Time AP via Forbes

German shoppers in mood to spend BBC News

The recession blame game Marketwatch / David Callaway

Holiday Sales in U.S. Fall for Third Week After Winter Storms Bloomberg / Joseph Galante

Bond Insurer Cut to Junk; Negative Outlook for 4 More NY Times / Vikas Bajaj

Standard & Poor's Slams ACA With CCC Bond Buyer / Matthew Hanson

Munis Firm a Bit With ACA News as Backdrop Bond Buyer / Michael Scarchilli and Dakin Campbell

For Adens, gold isn't all that glitters Marketwatch / Peter Brimelow

UK: Bank's fears for economy point to gloomy 2008 Independent / Sean Farrell

Treasuries Fall on Speculation 4 Percent Yields Unattractive Bloomberg / Jake Lee and Oliver Biggadike

Central banks are accused of, at best, wilful negligence and, at worst, criminal stupidity Scotsman / Stephen Lewis

Banks suffer falls after Goldman downgrades Telegraph / Ben Bland

Japan Deficit to Widen in 2008 as Fukuda Spends More Bloomberg / Mayumi Otsuma and Keiko Ujikane

'Self-inflicted recession' looms over Japan London Times / Leo Lewis

BOJ Keeps Interest Rate at 0.5% in Unanimous Decision Bloomberg / Mayumi Otsuma




End of the Bond Market Is (Probably) Not at Hand NY Sun / Julie Satow

Banks to abandon 'Super-SIV' fund CNN

Optimal Simple and Implementable Monetary and Fiscal Rules Federal Reserve Bank of Atlanta / Stephanie Schmitt-Grohé and Martín Uribe

Optimal Fiscal Feedback on Debt in an Economy with Nominal Rigidities Federal Reserve Bank of Atlanta / Tatiana Kirsanova and Simon Wren-Lewis

Stocks rally before holiday CNN / David Ellis and Ben Rooney

The Odds of a US Recession Within a Year Are Now 1 in 2 Morgan Stanley / Stephen Jen and Luca Bindelli

Consumer spending surges AP via Houston Chronicle / Martin Crutsinger

Major stock indexes all up more than 1.3% in holiday rally Marketwatch / Kate Gibson

Friday’s Analysis / Marty Chenard

Treasuries Fall on Confidence That Fed Will Ease Credit Squeeze Bloomberg / Sandra Hernandez

The US S&L Crisis, 1991 Recession and the Dollar Morgan Stanley / Stephen Jen

Euroland: ECB Not There Yet Morgan Stanley / Elga Bartsch

Where Next for UK Rates? Morgan Stanley / David Miles

While Humpty Dumpty Sat on a Fence Safehaven / Fred Sheehan

Fed to Offer Special Auctions as `Long as Necessary' Bloomberg / Liz Capo McCormick

Federal Reserve intends to continue TAF auctions as necessary Federal Reserve Board

Federal Reserve announces results of auction of $20 billion in 35-day credit held on December 20, 2007 Federal Reserve Board

Chicago Fed National Activity Index Federal Reserve Bank of Chicago

Blindly Into the Bubble NY Times / Paul Krugman

Gold - Whats Driving it Higher? Global Watch via Safehaven / Julian D. W. Phillips

S.C. jobless rate rises to 5.9% AP via Charlotte Observer

Brains Filled with Mush while Nation Crumbles Contrarian2day via Safehaven / Randy

Sour grapes in France The Economist

Federal Reserve Events Reuters

Fed: Another $20B Auctioned to Banks AP via San Francisco Chronicle / Martin Crutsinger

Consumer Spending in U.S. Rises More Than Forecast Bloomberg / Shobhana Chandra

U.S. economy and mortgage rates Reuters via Forbes / David Beadle

$500,000 a Year Means You're Still Only Middle Class Bloomberg / Joe Mysak

A Complete Subprime User's Guide, 2007 Edition Bloomberg / Caroline Baum

Crude gets above $91 in thin, pre-holiday trading Reuters / Polya Lesova

Gold futures rise, boosted by dollar weakness Marketwatch / Polya Lesova

Circuit City posts wide loss CNN / Parija B. Kavilanz

U.S. Stocks Rise; Research In Motion, Merrill Shares Advance Bloomberg / Eric Martin

MBIA Lousy With $8.1B In Nasty CDOs NY Post / Roddy Boyd

Muni Insurance Proves Worthless as Borrowers Shun MBIA, Ambac Bloomberg / Darrell Preston

CA: Many brokers see cheaper homes – and recession – in '08 Sacramento Bee / Jim Wasserman

Obama even with Clinton in New Hampshire: poll Reuters

Treasuries Little Changed Before Spending, Inflation Figures Bloomberg / Wes Goodman

Fitch Places MBIA On Negative Watch Bond Buyer / Dakin Campbell and Matthew Posner

With Detroit Downbeat on 2008, Its Suppliers Are Singing the Blues NY Times / Nick Bunkley

China Says Obama's Toy Ban Pledge `Unreasonable' Bloomberg / Allen T. Cheng

I.R.S. Says Bill Would Aid Tax Fraud in Virgin Islands NY Times / Lynnley Browning

Bush Is Upbeat About Economy's Prospects Washington Post / Michael Abramowitz and Neil Irwin

Ron Paul and the Fed: A Rejoinder to David Frum Lew Rockwell / Walter Block and William Barnett II

Softening Economy Doesn't Harden Hearts Washington Post / Steven Pearlstein

Asian Stocks Gain, Snapping Seven-Day Decline, Led by Hon Hai Bloomberg / Chua Kong Ho and George Hsu

Yuan Climbs to Highest Since Peg Ended After China Raises Rate Bloomberg / Belinda Cao

Dollar Heads for Weekly Gain Against Euro Before Inflation Data Bloomberg / Stanley White and Kosuke Goto

New Zealand's Growth Slows to 0.5% as Spending Cools Bloomberg / Tracy Withers

Foreign nations snap up U.S., Europe bank shares Christian Science Monitor / Mark Trumbull

Congress: After a year, Democrats make limited strides Christian Science Monitor / Gail Russell Chaddock



CA: Mortgage default notices fall 31% San Diego Union Tribune / Emmet Pierce

U.S. Treasury Yields Climb as Fed Steps Ease Demand for Safety Bloomberg / Deborah Finestone and Sandra Hernandez

Insurers' woes could hit muni bond ratings LA Times / Tom Petruno

U.S. Stocks Gain on Consumer Spending, Central Bank Infusions Bloomberg / Jeff Kearns

Dow up 205 points on tech profit news AP via Detroit News

New savings-bond cap may force diversification Washington Post via Denver Post / Michelle Singletary

Consumers defy slow economy Washington Post via Detroit News / Neil Irwin

New exchange to challenge Merc, CBOT Chicago Tribune / Joshua Boak, Greg Burns and Becky Yerak

Riding High? Amtrak Sees Ridership Rise AP via LA Times / Jim Suhr

CA: Job data stir fears of state recession LA Times / Marc Lifsher

FL: Job creation slows, consumer confidence drops in Florida South Florida Sun Sentinel / Harriet Johnson Brackey

Mexico faces own job drain Chicago Tribune / Stephen Franklin and Antonio Olivo

Former Wikipedia Officer Found To Have Long Criminal Record Washington Post / Brian Bergstein


Rising Production Costs Put Floor in Gold at $600 Goldenbar via Safehaven / Ed Bugos

Fed's subprime rescue could trigger a bear market Marketwatch / Bill Donoghue

Shoppers jam stores as Christmas nears AP via CNN

The nightmare before Christmas FT

Sales of New Houses in U.S. Probably Fell: U.S. Economy Preview Bloomberg / Bob Willis

Recognize, embrace change to dodge disappointment in '08 Pittsburgh Tribune Review / Gregory M. Drahuschak

Analysis: White House, Congress, Fed are scrambling to deal with mortgage crisis AP via San Diego Union Tribune / Martin Crutsinger

Elves fear jobs will be going to China Pittsburgh Tribune Review / Jack Markowitz

How to Avoid Recession? Let the Fed Work LA Times / N. Gregory Mankiw

The Fed's New Banking Reforms: What's Wrong With This Picture? Seeking Alpha / Lawrence York

Fed rate cuts not always compatible with market rise Montgomery Adviser / John Norris

Middle Class Feeling The Big squeeze: Officials NY Post / Suzy Jagger

The credit crunch: How did it happen and where do we go from here? Pittsburgh Post Gazette / Tim Grant

Crisis may make 1929 look a 'walk in the park' Telegraph / Ambrose Evans-Pritchard

The Week Ahead Wall Street Journal

Beaten Funds to Hold Wall Street Journal / Rob Wherry

This Is the Sound of a Bubble Bursting NY Times / Peter S. Goodman

FDIC chairwoman is right on the money LA Times / Jonathan Peterson

Taxes Are Reassessed in Housing Slump as Prices Drop NY Times / Jennifer Steinhauer

Splintered GOP Seeks Unifying Presence Washington Post / Michael D. Shear and David S. Broder

Taxpayers Win a Break On the AMT Again Wall street Journal / Tom Herman

In the Yard Sale Economy, we will be emptying our closets and garages Dallas Morning News / Scott Burns


Merrill shores up capital by as much as $7.5 bln Reuters / Tim McLaughlin

Foreign Buyers Snap Up 2nd Homes in US AP via San Francisco Chronicle / Leslie Wines

Retail Sales Fell for Fourth Week, ShopperTrak Says Bloomberg / Joseph Galante

Oil, gold finish modestly higher AP via Charlotte Observer / Lauren Villagran

Short and sweet on Wall Street CNN / Ben Rooney

Merrill raises $6.2 billion in slew of deals CNN

Rate freeze isn't worth 'credit score suicide' Dallas Morning News / Pamela Yip

IRS changes include raising business mileage reimbursement rate for '08 Detroit Free Press via Lansing State Journal / Susan Tompor

Mortgage mess has government scrambling CNN

Holiday sales: Jitters mounting CNN / Parija B. Kavilanz

Monday’s Analysis / Marty Chenard

Housing slump tarnishes a Fed leader's legacy Christian Science Monitor / David R. Francis

Recession and the Consumption Fallacy Honest Money via Safehaven / Douglas V. Gnazzo

Squeeze on Middle America at its worse since 1950s London Times / Suzy Jagger

Oil slips as mild weather sweeps U.S. Reuters via Washington Post / Richard Valdmanis

Dollar's Fall Is Felt Around The Globe Washington Post / Anthony Faiola

Yen Falls to Six-Week Low Against Dollar as Global Stocks Rally Bloomberg / Bo Nielsen and Lukanyo Mnyanda

Canada: All I want for Christmas is ... Canada's continued prosperity Globe and Mail / Gwyn Morgan

Chinese shops sparkle for Christmas Christian Science Monitor / Peter Ford

The Bernanke Fed is Well Ahead of the Curve / Dick Green

Be it a recession or a slowdown, 2008 looks tough all over Marketwatch / Dr. Irwin Kellner

Unpaid Credit Cards Bedevil Americans LA Times / Rachel Konrad and Bob Porterfield

Santa Is Packing More Sofas and Less Jewelry NY Times / Bob Tedeschi

Holiday Internet Sales in U.S. Rise at Slowest Pace on Record Bloomberg / Mark Clothier

Last Minute Rush May Save Holiday NY Post / James Covert and Brian Garrity

Foreign shoppers prop up U.S. stores AP via Baltimore Sun / Anne D’Innocenzio

Treasuries Headed for Best Year Since 2002 on Rate Cut Outlook Bloomberg / Wes Goodman and Lukanyo Mnyanda

U.S. stocks open higher; Alcoa up after $2.7B packaging sale Marketwatch / Carla Mozee

U.S. Stock Futures Gain as Merrill Agrees to Sell Most of Unit Bloomberg / Lynn Thomasson

Wall Street watching retail sales in final hours before Christmas AP via LA Times

How the Cooling Economy Is Stealing Target’s Christmas NY Times / Michael Barbaro

The nightmare before Christmas The Economist

Crude Oil Trades Above $93 on U.S. Inventory, Consumer Spending Bloomberg / Eduard Gismatullin

Oil turns lower in pre-holiday trade AP via CNN

States eye ways to rein in property tax AP via Houston Chronicle / Mike Smith

Bush Seeks to Restore Tattered U.S. Image With Heavy '08 Travel Bloomberg / Edwin Chen

Pound Falls to Record Low Against Euro for Second Day on Rates Bloomberg / Gavin Finch

Food for thought The Economist

Shielding Money Clashes With Elders’ Free Will NY Times / Charles Duhigg



Who Reads On-Line Articles on Christmas? Lew Rockwell / Gary North

Target says Dec. sales may decline AP via Houston Chronicle / Ellen Simon

Berkshire Hathaway buying Marmon Holdings Marketwatch / Craig Tolliver

Recession inevitable, economists predict Washington Times / Patrice Hill

Goodbye to the $2 pound in 2008 Telegraph / Richard Blackden

The Fed's Thaw Washington Post / Allan Sloan

Financial forecasters can't say how low it will go Chicago Tribune / James P. Miller

U.S. retailers holiday sales up 3.6 percent Reuters / Ilaina Jonas

Weekend Surge May Not Rescue Retailers' Holiday Slump Bloomberg / Joseph Galante

Christmas and Consumption Ludwig von Mises Institute / Art Carden

A Chat with Santa About His Rally NY Post / John Crudele

Russia will keep oil wealth in bonds in 2008 Forbes / Gleb Bryanski

Credit Crunch success requires lower Dollar Gold and Oil Stocks / Greg Silberman

California Hedge Fund Owner Klein, Daughter Missing in Panama Bloomberg / Nancy Kercheval and Matthew Walter

The shoppers who saved Christmas AP via LA Times / Alana Semuels

Restructuring Aims to Give Canada’s Debt Market a $33 Billion Lift NY Times / Ian Austen

Yen Rises on Speculation Japanese Exporters Buying the Currency Bloomberg / Kosuke Goto

The shoppers who saved Christmas AP via LA Times / Alana Semuels

Restructuring Aims to Give Canada’s Debt Market a $33 Billion Lift NY Times / Ian Austen


Fewer fingers walking the Yellow Pages Seattle Post Intelligencer / Bill Virgin

Fed needs to do more: former Treasury Secretary Snow Reuters

States chop '08 spending plans USA Today via / Dennis Cauchon

US real estate outlook FT / Lex

Canadian car buyers are finding bargains -- in the United States AP via Allentown Morning Call / Susan Gallagher

It’s a multi-currency world we live in FT

Preparing Stock Players for a Recession New York Sun / Dan Dorfman

Buffett bets on America with latest purchase Reuters / Jonathan Stempel

Workout Forbes

Shoppers out in force in post-Christmas tradition Newsday / Keiko Morris

Markets make a modest come back CNN / Ben Rooney

Amazon posts strongest-ever holiday season Reuters

Apple trades at $200 for first time AP via Charlotte Observer / Rachel Mintz

Bank of America, Wachovia rivals in '08 presidential donations AP via Charlotte Observer

Lobbyists' cash haul appears to slow AP via Charlotte Observer / Dibya Sarkar

Art market soars in 2007 AP via Charlotte Observer / Ula Ilnytzky

Fed's Actions Leave Me Skeptical and Confused Seeking Alpha / David Merkel

Manufacturing Conditions Survey Federal Reserve Bank of Richmond

Treasuries Advance After Weak Housing, Manufacturing Reports Bloomberg / Deborah Finestone and Ye Xie

Treasurys edge higher, stocks under pressure Marketwatch / Lisa Twaronite

Stocks Slip on Retail / Mark Glassman

Wednesday’s Analysis / Marty Chenard

Gold up for third day on weaker dollar, strong crude Marketwatch / Moming Zhou

Dollar Strategists Forecast End of Bear Market, 3% Gain in 2008 Bloomberg / Stanley White and Ron Harui

Dollar Falls Most in Five Weeks Versus Euro on Sales, Housing Bloomberg / Bo Nielsen and Min Zeng

Holiday Sales Rose Even Less Than Expected NY Post / Paul Tharp

Ambac, MBIA Might Be `Buys' for the Few, the Brave Bloomberg / Joe Mysak

How to play bonds in 2008 Fortune via CNN / Katie Benner

Home prices post record drop CNN / Les Christie

Biggest Homebuilder Writedowns Are Yet to Come Bloomberg / Jonathan Weil

Hiring in '08: Slower but steady gains CNN

There’s More Coal Than Gold In Santa Rally NY Post / John Crudele

Oil Rises Above $95 on Speculation Supplies Fell a Sixth Week Bloomberg / Mark Shenk

With copper fetching $3 per pound, thieves target farms AP via Pittsburgh Tribune Review

Giving big The Economist

Retailers usher in post-Xmas business AP via Houston Chronicle / Anne D’Innocenzio

The undocumented hesitate to enter a less-alluring U.S. LA Times / Marla Dickerson

Germany seen lowering growth forecast AP via Houston Chronicle

Fitch Goes Negative On Ambac Bond Buyer / Matthew Posner

PA: The Credit Crunch: The housing market Pittsburgh Post Gazette / Tim Grant

Yen Trades Near Seven-Week Low as BOJ Cites Global Growth Risk Bloomberg / Ron Harui and Kosuke Goto

Hedge-Fund Owner Klein Is Killed in Plane Crash, Colleague Says Bloomberg / Adam Satariano

Oil prices may go down in 2008 Christian Science Monitor / Ron Scherer

Treasuries Little Changed; Report May Show Home Prices Declined Bloomberg / Wes Goodman

Holiday Spending Growth at 5 -Year Low Bloomberg via Washington Post / Joseph Galante


CompUSA to close corporate operations in March AP via Houston Chronicle

Crunch Time for American Consumers Euro Pacific via Safehaven / Peter Schiff

The Democrat’s year The Economist

Fannie, Freddie meet capital level in third quarter, regulator says Washington Business Journal / Neil Adler

NC: Prices holding up in Triangle Raleigh News and Observer / Dudley Price

Money market funds fell $3.82 bln in latest week-ICI Reuters

Midwest manufacturing index up slightly in November Reuters via Crain’s Chicago Business

Pimco's McCulley Says Fed to Cut Rates at Most of 2008 Meetings Bloomberg / Daniel Kruger

Treasurys rally on flight-to-safety bid AP via Houston Chronicle / Leslie Wines

Bonds rally on weak data, stock sell-off Reuters / Richard Leong

Consumers are too spent Denver Post / Karen Rouse

Risk aversion boosts gold FT / Dave Shellock

Terror, economy sink stocks CNN / Ben Rooney

China Buys Wall Street Forbes / Donald Straszheim

Citi may face $19 billion writedown – Analyst AP via CNN

US 30-year mortgage rates increase in latest week Reuters

America faces a diplomatic penalty as the dollar dwindles FT / Daniel Dombey

AMT fix means tax-refund delays for millions AP via CNN

Bubble trouble FT

$30 billion - Price in '07 for natural disasters AP via CNN

China flags yuan policy shift, growth to stay strong Reuters via Forbes

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

Stocks Off Early Lows, But Still In The Red On Strong Volume Investors Business Daily / Alan R. Elliott

Stocks Fall on Financials, Data / Mark Glassman

Individuals fail to get with program in year-end rally Chicago Tribune / Bill Barnhart

Thursday’s Analysis / Marty Chenard

Stores have a blue Christmas San Diego Union Tribune / Keith Darcé and Penni Crabtree

Gift cards slow usual post-Christmas rush Detroit News / Jennifer Youssef

TX: Foreign sales lift bottom lines of Texas companies Dallas Morning News / Brendan M. Case

NY: Wall Street woes worry New Yorkers LA Times / Walter Hamilton

South Florida home prices fall hard South Florida Sun Sentinel

Oil rises above $97 on inventories, Bhutto's death Marketwatch / Moming Zhou and Polya Lesova

Crude Oil Rises to a One-Month High After U.S. Inventory Drop Bloomberg / Mark Shenk

U.S. may see $3.75 a gallon gasoline in 2008 LA Times via Palm Beach Post / Ronald D. White

Safe haven buying lifts gold FT / Neil Dennis

A Perfervid Moment Pimco / Paul McCulley

Treasuries Snap Four-Day Decline on Durables, Jobless Data Bloomberg / Deborah Finestone and Lukanyo Mnyanda

TREASURIES-Gains trimmed on consumer confidence rise Reuters / Ellen Freilich

Citi, Merrill, JPMorgan face larger writeoffs: Goldman Reuters / Jonathan Stempel

Beware the dreaded R word Fortune via CNN / Allan Sloan

Durable goods weaker than expected in November Reuters / Alister Bull

U.S. Consumer Confidence Index Unexpectedly Rose Bloomberg / Shobhana Chandra and Bob Willis

U.S. Initial Jobless Claims Unexpectedly Increase Bloomberg / Shobhana Chandra and Bob Willis

Mortgage Applications Decrease In Latest MBA Weekly Survey Mortgage Bankers Association

Mortgage applications fall to lowest in a year Reuters / Lynn Adler

Timing the housing market CNN / Walter Updegrave

Oil prices climb on suprising drop in supplies AP via MSNBC

The global economy's inevitable hard landing Taipei Times / Nouriel Roubini

New era of austerity for U.S. borrowers? Christian Science Monitor / Mark Trumbull

Mortgage Probes Face Big Hurdles Washington Post / Carrie Johnson

Housing Bust Hits Hard Where Boom Was Biggest Washington Post / Allan Lengel

Sallie Mae to Sell Stock to Pay Off a Failed Bet NY Times / Floyd Norris

'Rifle-shotting' proves popular formula for some top letters Marketwatch / Peter Brimelow

Oil Trades Near $96 on Forecasts U.S. Supplies Fell, Iraq Raid Bloomberg / Nesa Subrahmaniyan

The $50 Ticket: A Lottery Boon Raises Concern NY Times / Nelson D. Schwartz

Let’s Raise a Glass to Fairness NY Times / David Leonhardt

To burnish legacy, Bush goes abroad Christian Science Monitor / Howard LaFranchi

Mr. Market's Dear Santa List Has Fed Funds at 1% Bloomberg / Mark Gilbert

Treasuries Rise for 1st Time in 5 Days Before Confidence Report Bloomberg / Wes Goodman

Convertible Bond Sales Set Record as Stock Volatility Soars Bloomberg / John Glover

Dollar Strategists Predict End of Bear Market in 2008 Bloomberg / Stanley White and Ron Harui

Australian Dollar Rises as Treasury Decline Spurs Carry Trades Bloomberg / David McIntyre

Yuan Rises Most Since End of Dollar Peg; China Curbs Inflation Bloomberg / Belinda Cao



Soybeans fall, gold closes higher AP via Houston Chronicle / Jackie Farwell

Oil investing: 2007 a tough act to follow CNN / Steve Hargreaves

Deflation Nightmares: Lower Prices Scare Off Consumers Lew Rockwell / Karen De Coster

US Midwest business robust in December, jobs weak Reuters / Ros Krasny

Gold up for fifth day as dollar weakens further Marketwatch / Moming Zhou

Crude on the rise for fifth day, surpassing $97 Marketwatch / Moming Zhou

10-year Treasury note trades full point higher Reuters

MBIA, Ambac Fall as Buffett Starts Up Bond Insurer Bloomberg / Christine Richard and Josh P. Hamilton

Friday’s Analysis / Marty Chenard

U.S. Economy, Stocks Fine Despite Housing Mess / Donald Luskin

Indexes Rise On Mixed Economic Data And Volume Investors Business Daily / Alan R. Elliott

Housing Report Pares Gains / Mark Glassman

How Wal-Mart stole Christmas CNN / Parija B. Kavilanz

Mich.'s tough times drawing to a close Detroit News / Louis Aguilar and Sofia Kosmetatos

Loonie at five-week high Globe and Mail / Frank Pingue

Tech Boom Sweeps China, But Some Sense a Bubble Washington Post / Ariana Eunjung Cha

Buffett to start U.S. municipal bond insurer: report Reuters

Buffett Buys Reinsurer; Bond Venture Rumored Forbes / Vidya Ram

Treasuries Rise After New Home Sales Fall More Than Forecast Bloomberg / Deborah Finestone

Muni Market's Nuttiness Proves Boon to Bond Insurers Bloomberg / Joe Mysak

CA: Defaults moving beyond sub-prime LA Times / Sean Masterson

How they got housing wrong CNN / Chris Isidore

IL: Home sales drop 20% and prices slip in Illinois with modest price gain in Chicago Chicago Tribune

OH: Better days ahead? Cincinnati Enquirer / Lisa Bernard-Kuhn

Sales of New Homes in U.S. Fell to 12-Year Low Bloomberg / Bob Willis

Prospective home buyers aren't seeing big deals yet AP via Rocky Mountain News / J. W. Elphinstone

Dallas Real Estate Saw Commercial Boom vs. Residential Bust in 2007 Dallas Morning News / Steve Brown

Recession Ahead? Forbes / Robert Lenzner

Oil rises after US crude stocks decline AP via Houston Chronicle

Dollar's Share of Currency Reserves Falls, IMF Says Bloomberg / Christopher Swann and Kevin Carmichael

Dollar sinks after home-sales data disappoint Marketwatch / Lisa Twaronite

More Chapter 11 filings on tap for 2008 Marketwatch / Laura Mandaro

U.S. economic forecast for 2008: Bleak Christian Science Monitor / Ron Scherer

A Real Estate Niche Profits From Rise in Foreclosure Washington Post / Dina ElBoghdady

Despite Tight Money, Some Developers Keep Building Washington Post / Alejandro Lazo

PA: Selling price may indicate foreclosure risk Pittsburgh Post Gazette / Tim Grant

Holiday Online Receipts Are Strong, but Reflect a Decline in Rate of Growth NY Times / Matt Richtel

ACA Gets Mid-January Deadline Bond Buyer / Matthew Hanson

Treasury 10-Year Notes Rise; Stock Losses Fan Demand for Safety Bloomberg / Wes Goodman

The Credit Crunch: Searching for solutions to ease economic pressures Pittsburgh Post Gazette / Bill Toland

Before Iowa caucuses, candidates scramble Christian Science Monitor / Ariel Sabar

Amazon looks to diversify after enjoying best Christmas ever Independent / Nic Fildes

Yuan Heads for Biggest Weekly Gain Since China Ended Dollar Peg Bloomberg / Belinda Cao

Gold to Reach Record in 2008 on Inflation Concern, Survey Says Bloomberg / Danielle Rossingh and Claudia Carpenter

Dollar Heads for Weekly Loss Against Euro on U.S. Housing Slump Bloomberg / Ron Harui and Kosuke Goto


Bear Boss Sells $15,4 M Shares AP via NY Post

Nevada housing market may be a sure bet AP via Miami Herald / Ryan Nakashima

MI: Economic woes crimp party plans Detroit News / Jennifer Youssef

Investors' 4 major concerns for 2008 LA Times / Tom Petruno

Dollar Posts Biggest Decline Versus Euro Since 2006 on Housing Bloomberg / Min Zeng

U.S. sales pace is lowest since 1995 AP via South Florida Sun Sentinel / Jeannine Aversa

Cleaning Our BofA NY Post / Zachery Kouwe and Paul Tharp

Gold Could See $1,000 in 2008 Technical Indicator Index via Safehaven / Robert McHugh

Shopping on the internet predicted to command half of sales by 2018 London Times / Steve Hawkes

U.S. Stocks Decline, Poised for Worst Fourth Quarter Since 2000 Bloomberg / Michael Patterson

Weak end to 2007 expected for carmakers AP via Houston Chronicle / Dee-Ann Durbin

2008: Year of Reckoning? Forbes / Ernesto Zedillo

Treasuries Gain for a Second Week on Signs Economy Is Slowing Bloomberg / Deborah Finestone

Nacchio really an American hero Rocky Mountain News / Jack J. Woehr

As Oil Nears $100, Look Out Below

Bush Makes New Year's Resolution to Keep U.S. Economy Growing Bloomberg / Holly Rosenkrantz

China Lets Currency Appreciate a Bit Faster NY Times / Keith Bradsher


Edwards surges, Huckabee's bubble bursts McClatchy / Steven Thomma

ETFs ring up another record year of growth Marketwatch / John Spence

Euro gains on dollar in official reserves FT / Ralph Atkins

IL: Big hurdles to clear in bid for Games Chicago Tribune / Kathy Bergen

U.S. Holiday Internet Sales Rise at Slowest Pace Ever Bloomberg / Chris Burritt

Old man 2007 will retire in style Pittsburgh Tribune Review / Jack Markowitz

Housing bust top 2007 story AP via Allentown Morning Call / Ellen Simon

Investors should feel pretty good about '07 returns Pittsburgh Tribune Review / Gregory M. Drahuschak

Subprime hangover will linger longer AP via Miami Herald / Rachel Beck

Mortgage meltdown has analysts on edge AP via Modesto Bee / J.W. Elphinstone

Your Golden Year For Social Security Washington Post / Martha M. Hamilton

Emerging CME rival shaping up Chicago Tribune / Joshua Boak

Investors wishing for credit crisis to wane in 2008 AP via Clarion Ledger

The Debt Crisis, Where It’s Least Expected NY Times / Gretchen Morgenson

Oh damn. We got just what we wished for London Times / Irwin Stelzer

Unemployment May Rise, Factories Slow: U.S. Economy Preview Bloomberg / Bob Willis

Consumers might still stay away Charlotte Observer / Nichole Monroe Bell

Tough job for the economy Marketwatch / Robert Schroeder

New cars that are fully loaded — with debt AP via LA Times / Ken Hurst

Prime borrowers may soon feel pain Charlotte Observer / Amy Baldwin

Seiders sees limbo going a bit uptempo Chicago Tribune / Mary Umberger

WA: Real-estate anxiety: What's next in '08? Seattle Times / Elizabeth Rhodes

Taxes stress homeowners AP via Cincinnati Enquirer / Mike Smith

Dollar's fall reverberates globally Washington Post via Seattle Times / Anthony Faiola

Anxious? You Should Be. It’s Good for Business NY Times / Robert H. Rosen

UK: Economists warn of UK ‘stickyflation’ next year London Times / Grant Ringshaw



Demand For Crude Seems Unfazed Houston Chronicle / Kristin Hays

Recession in 2008? 1 trouble spot looms Seattle Post Intelligencer / Bill Virgin

Treasurys end 2007 with final rally AP via Houston Chronicle / Leslie Wines

Higher prices show no sign of retreating Chicago Tribune / Mike Hughlett

Bond funds find shelter from housing-market storm Marketwatch / Rachel Koning Beals

Emerging Debt-Spreads widen at end of otherwise resilient year Reuters / Daniel Bases

Biggest drop for sterling since '92 Telegraph / Edmund Conway

Karachi shares fall after killing BBC News

Copper ends year with 5 per cent gain Reuters via Globe and Mail / Daniel Magnowski

2008 outlook: Fasten your seatbelts CNN / David Goldman

U.S. Stocks Drop, Paring 5th Straight Annual Gain; Exxon Falls Bloomberg / Elizabeth Stanton

Stocks Retreat Across Most Groups Investors Business Daily / Paul Whitfield

Counting Down / Mark Glassman

Treasurys higher as stocks under pressure Marketwatch / Lisa Twaronite

TREASURIES-Prices rise on last day of year in short session Reuters / Ellen Freilich

Oil's wild ride CNN / Steve Hargreaves

Gold futures fall first day in six on stronger dollar Marketwatch / Moming Zhou

Soybean futures fall amid light trading AP via Houston Chronicle / Stevenson Jacobs

Dollar signs: Future cloudy for U.S. currency AP via Indianapolis Star / Tim Paradis

Countrywide Takes Beating Amid Mortgage Crunch / Will Swarts

Oil Traders Eye $100 Crude Next Year AP via Washington Post / John Wilen

Gold heads for largest yearly rise in 3 decades AP via Washington Post / Atul Prakash

U.S. Stocks Drop in Year's Last Session; GE, Citigroup Decline Bloomberg / Michael Patterson

Monday’s Analysis / Marty Chenard

So Much Economic Good News Amid So Little Cheer Bloomberg / Kevin Hassett

Housing bubble guarantees recession South Coast Today via Fiend’s SuperBear Page / Mark Weisbrot

Defaults on Insured Mortgages Rise 35% to Record Bloomberg / Josh P. Hamilton and Erik Holm

Existing home sales up slightly CNN

Seattle clings to housing peak LA Times / Tomas Alex Tizon

DC: Commercial Real Estate - The Squeeze Continues Washington Post / Alejandro Lazo

Asian Markets Perform Strongly in 2007 Forbes / Thomas Hogue

Lines for Insurance Start at Buffett's Desk Bond Buyer / Matthew Hanson

Pound Has First Annual Drop Against Euro Since 2004 on Rates Bloomberg / Garth Theunissen

Corporate Bond Yields Drop as Companies Refinance $557 Billion Bloomberg / Caroline Salas

Treasuries Set for Yearly Gain; Reports May Show Slowing Growth Bloomberg / Anchalee Worrachate and Wes Goodman

Counting down on Wall Street CNN

Economists cover everything from fertility to football in 2007 Christian Science Monitor / David R. Francis

U.S. November Existing-Home Sales Probably Matched Record Low Bloomberg / Bob Willis

Banks fight to rebuild balance sheets Pittsburgh Post Gazette / Sean O'Grady

Wall St. Way: Smart People Seeking Dumb Money NY Times / Eric Dash

Mortgage fallout slams cities LA Times via Tacoma News Tribune / Stephanie Simon

Dollar Heads for Annual Declines Against Euro, Yen on Fed Cuts Bloomberg / Steven Rothwell and Ron Harui

Iowa's many undecided voters hold the key to caucuses Christian Science Monitor / Linda Feldmann

With Wii and DS, Nintendo Has 2 Hit Game Devices NY Times / Eric A. Taub

Cyprus and Malta tip Euro balance Telegraph / Ambrose Evans- Pritchard