Bondhead News Archive

April 01 – April 15

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Good and bad economic news Marketwatch / Mark Hulbert

Currency-trading opportunities expand, but risks are high Marketwatch / Gergana Koleva

Japan: After Fukui Pimco / Richard Clarida and Tomoya Masanao

Fed offers maps showing "foreclosure hotspots" Reuters

How Alan Greenspan Learned To Stop Worrying Love the State Lew Rockwell / Roderick T. Long

Is your money safe in a troubled brokerage, or should you switch firms? Marketwatch / Chuck Jaffe

Hedge-fund hemorrhage Marketwatch / Thomas Kostigen

Scrappy Money Manager Beats Short Sellers NY Sun / Dan Dorfman

Regulation Returns Daily Standard / Irwin M. Stelzer

UBS doubles sub-prime writedowns BBC News

Markets brave recession fears BBC News / James Robertson

Oil execs: We're not to blame for high gasoline prices McClatchy / Erika Bolstad

Bernanke meets privately with House GOP lawmakers, steers clear of recession talk AP via San Diego Union Tribune / Jeannine Aversa

Federal Reserve Events Reuters

Treasurys sag as funds flow to stocks AP via Houston Chronicle / Leslie Wines

Gold prices fall below $900 an ounce AP via CNN

Bad Bank Forbes / Liz Moyer

Stock Hedge Funds Held Record Cash in First Quarter Bloomberg / Tom Cahill and Katherine Burton

GE, AT&T Anticipate Rising Rates, Tilt to 10-Years Bloomberg / Bryan Keogh and Gabrielle Coppola

US Auto Sales Fall in March AP via Chicago Tribune / Dee-Ann Durbin

Bank News, Mild Econ. Data Boost Stocks AP via Forbes / Joe Bel Bruno

U.S. Stocks Rise in S&P 500's Best 2nd Quarter Start Since 1938 Bloomberg / Michael Patterson and Elizabeth Stanton

Tight budgets, rising costs squeeze states / Pamela M. Prah

US RATE FUTURES-Point to 25 bps Fed cut on ISM surprise Reuters / Ros Krasny

Is the Fed Deflating? The Speculative Investor via Safehaven / Steve Saville

U.S. Corporate Bond Sales Fall 32 Percent in the First Quarter Bloomberg / Gabrielle Coppola and Bryan Keogh

Associations Unveil Roadmap for Efficient Transatlantic Financial Regulation SIFMA

Treasurys slide on data while risk-aversion abates Marketwatch / Nick Godt

Dollar extends gains on unexpected ISM index rise Marketwatch / William L. Watts and Lisa Twaronite

Commodities Tumble as U.S. Recession Risk Weighs on Oil, Copper Bloomberg / Grant Smith

Gold futures tumble over 4% as dollar rallies Marketwatch / Polya Lesova

Like with like The Economist

Manufacturing contracts again in March: ISM Reuters

Construction Spending in U.S. Fell 0.3% in February Bloomberg / Bob Willis

Markets Add To Early Gains In Solid Volume Investors Business Daily / Alan R. Elliott

Tuesday’s Analysis / Marty Chenard

U.S. Stocks Advance on Lehman, UBS Capital Boosts; Banks Rally Bloomberg / Michael Patterson

Those curiously strong Transports Marketwatch / Mark Hulbert

Are Foreign Bank CD’s Worth The Risk CNN / Walter Updegrave

UBS: Not Out Of The Woods Yet Forbes / Vidya Ram

Why Rescues Don't Work Bullion Vault via Safehaven / Paul Tustain

Paulson the plumber The Economist

PA: February jobless rate is highest since 2006 Pittsburgh Post Gazette / Ann Belser

High Net Worth Takes On New Meaning in Auction Mess Bloomberg / Joe Mysak

Pimco’s Gross sees pain for brokerages Fortune via CNN / Colin Barr

Treasuries Fall as UBS Boosts Capital, Curbing Safety Demand Bloomberg / Deborah Finestone and Sandra Hernandez

A dismal first quarter could have been worse LA Times / Tom Petruno

Investors growing impatient Dallas Morning News / Will Deener

Some homes worth less than their copper pipes Reuters / Jason Szep

Dollar Rises Most Versus Euro in Almost Two Weeks on UBS Plan Bloomberg / Ye Xie and Kim-Mai Cutler

Banking industry to lose 200,000 jobs AP via CNN

Banks Face Biggest Crisis in 30 Years, Report Says Bloomberg / Edward Evans

UBS Says Ospel Resigns After Writedowns Lead to Loss Bloomberg / Elena Logutenkova

UBS and Deutsche losses mount, but bank fog clearing Reuters / Steve Slater

Under the Treasury's Plan, Fed Would Lose a Key Power Washington Post / Neil Irwin

Asia's Credit Defaults May Rise by $20 Billion, Tribridge Says Bloomberg / Bei Hu

China Development Bank will rival big names Telegraph / Richard Spencer


Internet gambling Federal Reserve Board / Louise L. Roseman

Navellier turns bullish despite worries Marketwatch / Peter Brimelow

Wall Street's other 'R-word': reluctant CNN / Alexandra Twin

Citrix shares up on analyst comments AP via Miami Herald

Why Bernanke's still hedging Fortune via CNN / Colin Barr

U.S. Money-Market Fund Assets Fall From Record at Quarter-End Bloomberg / Ye Xie

Small US banks need capital, but it's hard to get Reuters / Paritosh Bansal and Dan Wilchins

Comparing cities The Economist

Bernanke Says U.S. Economy May Slip Into a Recession Bloomberg / Scott Lanman

Federal Reserve Events Reuters

Mortgage rates on fixed loans tick higher AP via Tennessean

Gold edges up as dollar loses steam Marketwatch / Polya Lesova

Treasurys mostly higher as Fed chief speaks Marketwatch / Nick Godt

U.S. 2-Year Notes Fall on Jobs Gain, Bernanke Bailout Defense Bloomberg / Deborah Finestone and Sandra Hernandez

Stocks Move Steadily Higher On Soft Volume Investors Business Daily / Alan R. Elliott

Walgreen sales climb 10.6% Chicago Tribune / James P. Miller

Bernanke Testimony Drives Stocks Lower AP via Forbes / Joe Bel Bruno

Inflation Dynamics with Search Frictions: A Structural Econometric Analysis pdf Federal Reserve Bank of Richmond / Michael U. Krause, Thomas A. Lubik and David Lopez-Salido

Bernanke warns of possible recession Thomson via Forbes

Bernanke gloomier about near-term prospects Marketwatch / Greg Robb

Bernanke throws cold water on sector rally Marketwatch / Greg Morcroft

Buyers Be Where? / Alan Rappeport

A Subprime Schooling Forbes / Josh Zumbrun

Factory orders continue to drop CNN

Mortgage Applications Decrease In Latest MBA Weekly Survey Mortgage Bankers Association

MO: Downtown office glut could get even bigger St. Louis Post Dispatch / David Nicklaus

The underemployment rate is rising CNN / Chris Isidore

The economic outlook Federal Reserve Board / Ben S. Bernanke

Fed Should Clarify Link to Bear Stearns Assets Bloomberg / Caroline Baum

Bernanke sees downturn risk CNN

Manhattan Apartment Sales Fall Most in 18 Years as Buyers Wait Bloomberg / Sharon L. Lynch

Mortgage demand drops after rocketing; key rate at 5.75% Reuters via USA Today / Julie Haviv

Paulson Says Treasury `Flexible' on Housing Measures Bloomberg / John Brinsley and Peter Cook

Wednesday’s Analysis / Marty Chenard

Best Buy profit falls, still beats view AP via Houston Chronicle

Gold edges up, but gains capped by dollar strength Marketwatch / Polya Lesova

SEC Fuels New Mark-to-Market Conspiracy Theories Bloomberg / Jonathan Weil

Canada: Trends and Challenges in the Global Economy and What They Mean for Canada and Ontario Bank of Canada / Paul Jenkins

Bank of Canada sees challenges from U.S. slowdown Reuters

UK: Labour pains The Economist

IMF Cuts Global Forecast on Worst Crisis Since 1930s Bloomberg / Shamim Adam

BOE's King Might Be Sleepwalking Into Recession Bloomberg / Matthew Lynn

To See a Stock Market Bubble Bursting, Look at Shanghai NY Times / David Barboza

Familiar Back and Forth With Oil Executives Washington Post / Steven Mufson

Oil Trades Near One-Week Low on Forecast for U.S. Supply Gain Bloomberg / Christian Schmollinger

Playing the Housing Blame Game NY Times / David Leonhardt

MA: Budget forecast bleak Boston Herald / Christine McConville

UBS says it is over the worst of losses Telegraph / Philip Aldrick

UK banks must be cheap if you can see through the fog Telegraph / Martin Cholwill

Economic woes hit state budgets Christian Science Monitor / Peter Grier

Treasuries Little Changed Before Factory, Employment Reports Bloomberg / Wes Goodman

IMF to cut prospects for US growth by two-thirds London Times / Gary Duncan

With gas costly, drivers finally cut back Christian Science Monitor / Ron Scherer

UBS chairman Marcel Ospel goes as US sub-prime losses hit $37bn London Times / Patrick Hosking

Asian Stocks Post Biggest Gain in a Week; Honda, Macquarie Jump Bloomberg / Chen Shiyin

Dollar Rally Halts Before U.S. Jobs Report, Bernanke Speech Bloomberg / Stanley White and Kosuke Goto

Australia: Greenspan, Macfarlane Exposure Gap Says It All Bloomberg / William Pesek


Central Bank Commitment and Communication Federal Reserve Board / Frederic S. Mishkin

Will there be enough distressed debt to go around? Marketwatch / Alistair Barr

Where's the "Protection" in TIPS? Delta via Safehaven / Michael Pento

The Financial Markets, Housing, and the Economy Federal Reserve Bank of San Francisco / Janet L. Yellen

Yellen sees economy getting bounce in second half Marketwatch / Laura Mandaro

Geithner Says Markets Still `Impaired,' Urges Action Bloomberg / Craig Torres

Fed Defends The Indefensible Mish’s Global Economic Trend Analysis via Safehaven / Mike Shedlock

Corn Hits $6 a Bushel on Tight Supplies AP via Chicago Tribune / Stevenson Jacobs

Gas prices hit record high, oil down $1 AP via CNN

March employment report expected to be weak Marketwatch / Greg Robb

81 percent of Americans think country on "wrong track" Reuters

Why doesn't McCain have Secret Service protection? McClatchy / Barbara Barrett

Another Clinton fundraiser has a suspect past McClatchy / Greg Gordon and Will Connors

Late payments on consumer loans at 16-year high Reuters / Jonathan Stempel

Hung, drawn and first-quartered The Economist

Indexes Suck It Up, Hold Gains In Soft Trade Investors Business Daily / Alan R. Elliott

The case of the missing clicks The Economist

Emerging debt-Spreads narrow slightly ahead of US jobs data Reuters / Daniel Bases

European Perspectives Pimco / Matthieu Louanges

U.S. 10-Year Notes Gain as Jobs Report Spurs Recession Concern Bloomberg

Foreign central banks boost holdings of US debt-Fed Reuters

Midwest Manufacturing Output is Down in February pdf Chicago Fed Midwest Manufacturing Index Federal Reserve Bank of Chicago

Defending The Bear Stearns Rescue Forbes / Brian Wingfield and Liz Moyer

Dallas-Fort Worth new home sales plunge 30% Dallas Morning News / Steve Brown

Why the Fed Can't Do What It Wants to Do Ludwig von Mises Institute / Frank Shostak

Bernanke says rate cuts are helping economy Marketwatch / Greg Robb

JPMorgan wouldn't have bought Bear without Fed: Dimon Reuters

Treasurys rise after weak data reports AP via Houston Chronicle / Leslie Wines

Recession? Close Enough for Fed Work Northern Trust via Safehaven / Paul Kasriel

Systemic Risk Maybe Out, But Recession is In CMC Markets via Safehaven / Ashraf Laidi

Home Prices Fall in 21 U.S. Cities Amid Foreclosures Bloomberg / Kathleen M. Howley

Goodbye GAAP / Sarah Johnson

U.S. stocks drop as jobless claims rise Marketwatch / Kate Gibson

Liquidity Won't Fend Off Cannibal Banks Bloomberg / Mark Gilbert

Bernanke, Geithner, Cox to Be Pressed on Details of Bear Buyout Bloomberg / Scott Lanman and Craig Torres

Developments in the financial markets Federal Reserve Board / Ben S. Bernanke

Muni Losses May Put Taxpayers on Hook for $7 Billion Bloomberg / Martin Z. Braun and Jeremy R. Cooke

U.S. Stocks Drop on Jobless Claims; Banks, Retailer Shares Fall Bloomberg / Michael Patterson

Thursday’s Analysis / Marty Chenard

Gold Chasers Forbes / Tom Post

Details Of The Deal Forbes / Brian Wingfield

Recession Is Still a Possibility, Not a Reality Bloomberg / John M. Berry

Late Payments on Consumer Loans Highest Since 1992, ABA Says Bloomberg / Hugh Son

Jobless Claims Shoot Up to 2-Year High AP via LA Times / Jeannine Aversa

Watch The Market’s Reaction To The Jobs Report NY Post / John Crudele

Fixed mortgage rates cross 6% threshold: Bankrate Marketwatch / Michael Kitchen

Crude-oil futures fall over 1%, as dollar rises Marketwatch / Polya Lesova

Euro dips against US dollar AP via Houston Chronicle

Real estate Web site Zillow launches mortgage marketplace AP via Mercury News

More Global, Less Local Morgan Stanley / Manoj Pradhan

EU: Liebscher Still Sees Inflation Slowing Near Year-End Bloomberg / Christian Vits and Simone Meier

There's growing confidence in a Wall Street revival Marketwatch / David Weidner

SIFMA Asks To Delay NIIDS Start Bond Buyer / Andrew Ackerman

Americans prefer energy fix to cancer cure: poll Reuters via Washington Post / Rebekah Kebede

Corporate Bond Prices Imply High Defaults, S&P Says Bloomberg / Patricia Kuo and Paul Gordon

Treasuries Rise; Services, Jobless Data May Signal Contraction Bloomberg / Wes Goodman

The Old Lady waves an amber flag over debt markets Telegraph / Damian Reece

Unsold Homes Tie Down Would-Be Transplants NY Times / Louis Uchitelle

Some signs of optimism on economy Christian Science Monitor / Mark Trumbull

Despite earmark reforms, 'pork' spending rises Christian Science Monitor / Gail Russell Chaddock

Asia Stocks Advance for Second Day, Led by BHP; Toyota Drops Bloomberg / Chen Shiyin and Patrick Rial

Euro Falls on Speculation European Consumer Demand Faltering Bloomberg / Kosuke Goto and Stanley White

Asia Bond Investors Must Fret About Food Cost Bloomberg / Andy Mukherjee



Global Economic and Financial Challenges: Implications for Latin America Federal Reserve Board / Randall S. Kroszner

Credit Crisis Creeps NY Post / Paul Tharp

Recession almost certain, experts say Dallas Morning News

Microsoft May Cut Bid for Yahoo, People Familiar Say Bloomberg / Ari Levy and Ian King

Street Takes Job Losses In Stride Forbes / Steve Schaefer

S&P 500 Climbs, Led by Commodity Producers; Exxon Shares Gain Bloomberg / Michael Patterson

Fed's Kroszner Says Banks Are Sound, Rates Aid Growth Bloomberg / Scott Lanman and Steve Matthews

Gloomy days in America The Economist

Lenders Buried By Foreclosures Let Late Borrowers Stay in Homes Bloomberg / Bob Ivry

Foreclosure crisis reaches into rural areas, too AP via Contra Costa Times / Evelyn Nieves

Futures traders increase odds of a half-point cut Marketwatch / Laura Mandaro

Sifting Through the CDO Wreckage / Stephen Taub

Why Keep Analyst X A Mystery? Fake Ben via Safehaven

The Fed's big dilemma CNN / Paul R. La Monica

The Recession Boogeyman / Donald Luskin

Stocks Can't Lift Much From Morning's Lows Investors Business Daily / Alan R. Elliott

Friday’s Analysis / Marty Chenard

Lazear Says He `Doesn't Focus Too Much' on U.S. Jobless Rate Bloomberg / Betty Liu and Shobhana Chandra

Canada continues to create jobs Globe and Mail / Heather Scoffield

U.S. dollar falls sharply on bigger-than-expected drop in payrolls Thomson via Forbes

The Problems of Central Bank Planning Ludwig von Mises Institute / Robert P. Murphy

Treasuries Advance After Job Losses in March Exceed Forecasts Bloomberg / Deborah Finestone and Sandra Hernandez

Heigh-Ho Heigh-Ho, Off to the Municipal Market We Go Bloomberg / Joe Mysak

Wall Street Stocks to Fall on Lost Jobs AP via Forbes / Leslie Wines

Employment Numbers Seem To Spell Recession Forbes / Carl Gutierrez

U.S. Loses 80,000 Jobs, Unemployment Rate Increases Bloomberg / Bob Willis

Oil prices rebound after day-earlier dip AP via Houston Chronicle / George Jahn

Federal Reserve staff move into offices of investment banks to monitor activities London Times / Tom Bawden and Dearbail Jordan

Fed Signals More Rate Cuts as Officials Cite Market Stresses Bloomberg / Craig Torres

Student Lenders Stifled by Auction Failures as Cities Refinance Bloomberg / Jeremy R. Cooke

Treasuries Little Changed; Report May Show Economy Lost Jobs Bloomberg / Wes Goodman

U.S. Probably Lost Jobs for Third Month as Economy Weakened Bloomberg / Bob Willis

Investors Stalk the Wounded of Wall Street NY Times / Louise Story

Former UBS president calls for bank to break up Telegraph / Jonathan Sibun

Profits at U.S. Companies Probably Fell Again on Bank Losses Bloomberg / Peter J. Brennan

An Auction That Google Was Content to Lose NY Times / Miguel Helft

Asia Stocks Fall for First Time in Three Days; Toyota Declines Bloomberg / Chen Shiyin and Masaki Kondo

Rising Grain Prices Panic Developing World Washington Post / Ariana Eunjung Cha

China, U.S. `Sugar Daddy,' Eludes Clinton, Obama Bloomberg / William Pesek

Clinton down, but not out of running Christian Science Monitor / Linda Feldmann

UK: Interest rate cut 'odds-on' as economy weakens Telegraph / Edmund Conway

German Bank Sets Bigger Write-Down IHT via NY Times / Carter Dougherty


Economists expect more job losses AP via St. Louis Post Dispatch / Dan Caterinicchia

Crude and USD - Possible Triangles Elliott Wave Chart Site via Safehaven / Dan Stinson

Fitch downgrades MBIA's financial strength rating Journal News / Jay Loomis

Bear Stearns Fixed-Income Chiefs Will Stay on With JPMorgan Bloomberg / Yalman Onaran

Two-Year Notes Fall Most Since '07 as Bernanke Aids Confidence Bloomberg / Sandra Hernandez and Deborah Finestone

In a Modern Gold Rush, Can Memories Beat $913 an Ounce? NY Times / Michael Barbaro

While Alluring, Foreign Currencies Can Be Elusive NY Times / Jane Birnbaum

Stocks seek earnings visibility as recession looms Marketwatch / Nick Godt

Microsoft threatens Yahoo with proxy fight Marketwatch / Amy Hoak

Shoppers' fears about economy could push unease into '09 AP via Tennessean / Anne D’Innocenzio

Moral Hazard and Really Stupid Loans Lew Rockwell / Gary North

Bankruptcies Jump 30% in March, Led by Housing-Bust States Bloomberg / Bill Rochelle and Bob Willis

IMF gives gloomy economic outlook Reuters / Adrian Croft and Sebastian Tong

Huge Job Losses Set Off Recession Alarms AP via LA Times / Jeannine Aversa

Rents continue to rise in housing slump Bloomberg via LA Times

Commodities bubble trouble? Only if you panic Globe and Mail / Brian Milner


Yahoo not opposed to Microsoft deal –source Reuters via Forbes

Resource stocks lift Sydney, help Tokyo rebound Marketwatch / V. Phani Kumar

Consumers may be riding on a different debt highway Marketwatch / Herb Greenberg

Another tough earnings season on tap Marketwatch / Laura Mandaro

Recession sentiment growing, but not unanimous St. Louis Post Dispatch / David Nicklaus

In volatile markets, leveraged ETFs see even bigger ups and downs Marketwatch / John Spence

Mutual funds' quarterly returns offer helpful lessons for investors Marketwatch / Chuck Jaffe

Bonds battered by worries LA Times / Walter Hamilton

More than 50 pct chance of US recession-Greenspan Reuters / Sonya Dowsett

Price Disparity Denver Post / David Migoya

Soaring costs eat into restaurant profits Allentown Morning Call / Tyrone Richardson

Fed takes center stage as recession signs pile up Marketwatch / Laura Mandaro

Contracts to Purchase Homes Probably Fell: U.S. Economy Preview Bloomberg / Shobhana Chandra

Housing Crisis Hits Its Own Washington Post / Jeffrey H. Birnbaum

Economic conditions dictate cautious movements Pittsburgh Tribune Review / Gregory M. Drahuschak

Google's reign: Time may be clicking away Chicago Tribune / Andrew Leckey

Fund managers took their lumps last year and in first quarter Pittsburgh Post Gazette / Len Boselovic

Citi’s Rubin Remains Silent NY Post / James Doran

Investors line up behind Arnold's call for radical change at UBS Independent / Margareta Pagano

Brokerages Clean Up With Switch to Cash Sweeps Kiplinger via Washington Post / Kimberly Lankford

Many Critics Have Reservations For Paulson’s Plan NY Post / Mark DeCambre

IRS text provides comic relief at tax time Pittsburgh Tribune Review / Jack Markowitz

The Fed Gets a New Job Description NY Times / Robert J. Shiller

Bonds that will strand you in a hostile land Guardian - Observer / Huma Qureshi

Wall St banks 'hooked on emergency funds scheme' Guardian - Observer / James Doran

The Mortgage Bust Goes Global NY Times / Nelson D. Schwartz

In the Shadow of Foreclosures NY Times

The question is, are commodities the new gold standard? Guardian - Observer / Heather Connon

Postal Service Again Vexes Penny Pinchers NY Times / Phyllis Korkki

Will the credit crisis leave Ireland's economy all washed up? Telegraph / Liam Halligan

UK: A cut to beat the crunch Guardian - Observer / Heather Stewart

Anti-recession aids often too late AP via South Florida Sun Sentinel / Tom Raum



Did Greenspan Have to Cut the Fed Funds Rate as Much? Northern Trust via Safehaven / Paul Kasriel

BondWorks Institutional Advisors via Safehaven / Levente Mady

Depot CEO: Stock options 'under water' Palm Beach Post / Lori Becker

Microsoft's $40 Billion Question Forbes / Wendy Tanaka

Federal Reserve will offer $50 billion in 28-day credit through its Term Auction Facility today Federal Reserve Board

Dedication of the New Seattle Branch Building Federal Reserve Board / Donald L. Kohn

Social Security's not likely to run out of money anytime soon Marketwatch / Dr. Irwin Kellner

Fast-paced earnings growth isn't always good for stock market Marketwatch / Mark Hulbert

IMF agrees to sell some gold, broaden investments Reuters / Lesley Wroughton

Summer gasoline use to drop, 1st time since 1991 Reuters / Tom Doggett

The Therapeutic Power of Recessions National Review / Larry Kudlow

Advanced Micro Sales Miss Forecast; Job Cuts Planned Bloomberg / Ian King

Chips not down at AMD Fortune via CNN / David Kirkpatrick

Get Shorty Forbes / Liz Moyer

Can't wait for Alcoa! CNN / Paul R. La Monica

Stocks give up gains CNN /Alexandra Twin

Costco's Well-Off Customers Still Shopping Investors Business Daily / Marilyn Much

Bush's Risky Trade Bet Forbes / Brian Wingfield

The Dollar Smile and the Fall Lines of Dominos Morgan Stanley / Stephen Jen, Luca Bindelli and Charles St-Arnaud

Commercial Real Estate: The Next Risk? NY Sun / Dan Dorfman

U.S. Consumer Borrowing Rose $5.2 Billion in February Bloomberg / Vincent Del Giudice

Auction Collapse Quadruples Fee for Bond Alternatives Bloomberg / Jeremy R. Cooke

Fitch has Stripped MBIA of it's AAA Rating - The Consequences... via Safehaven / Reggie Middleton

Stocks Higher, But Pullback Continues Investors Business Daily / Vincent Mao

White House: too soon for 2nd economic stimulus Reuters

Dollar extends overnight rally as stocks rebound Marketwatch / William L. Watts and Laura Mandaro

Why Is the EUR So Strong: A New Hypothesis Morgan Stanley / Stephen Jen and Luca Bindelli

Don't Lend Uncle Sam Money / Bill Bischoff

Stars in their eyes The Economist

Discover to buy Diners Club for $165 million Marketwatch / Riley McDermid

Yahoo promises to revolutionize online ads if it can avoid Microsoft takeover AP via Mercury News

UCSB economists say California headed for recession AP via San Francisco Chronicle

Federal Reserve Events Reuters

Bottom? What Bottom? Forbes / Robert Lenzner

Treasuries Fall as Stocks Rally Saps Demand for Safest Assets Bloomberg / Deborah Finestone and Gavin Finch

Yahoo Insists Microsoft Raise Its $44.6 Billion Offer Bloomberg / Nancy Kercheval and Amy Thomson

U.S. Stock-Index Futures Gain; Washington Mutual Shares Rally Bloomberg / Henrietta Rumberger and Eric Martin

Monday’s Analysis / Marty Chenard

FL: Despite falling prices, many first-time buyers left out of the market South Florida Sun Sentinel / Paul Owers

House Lust Isn't to Blame for U.S. Property Funk Bloomberg / John F. Wasik

Wasteful $29 Billion Tax Cut Won't Help Housing Bloomberg / John M. Berry

Overseers Shocked to Discover Oversight Flaws Bloomberg / Caroline Baum

Oil Rises Near $107 a Barrel Washington Post / Pablo Gorondi

Crude contract gains 1%; natural gas rallies Marketwatch / Polya Lesova

Gold futures gain; other metals also mostly higher Marketwatch / Polya Lesova

Russian billionaires bet big on U.S. steel market Reuters / Robin Paxton

Wall Street Without Bear Means Goldman Keeps Leverage Bloomberg / Christine Harper

Economic worries, early Easter to hurt March sales Marketwatch / Andria Cheng

Treasuries Fall on Speculation Fed to Signal Limit to Rate Cuts Bloomberg / Wes Goodman

Local Banks Feeling Pinched Washington Post / Alejandro Lazo

Tough Guy in a Mean Business NY Times / Richard Perez-Pena

Bullish on a long-term resources run Marketwatch / Peter Brimelow

Rice Run Prompts Curbs to Rival Credit Market Seizure Bloomberg / Marianne Stigset and Tony Dreibus

Top Clinton aide Penn steps down Marketwatch

UK: Alistair Darling is accused of complacency over threat to economy London Times / Gary Duncan

Bank of England interest rate decision on knife-edge London Times / Gary Duncan

Good News for Bernanke From Bond Market Is Bad News for Rates Bloomberg / Daniel Kruger and Sandra Hernandez

More Hits for Insurers Bond Buyer / Dakin Campbell

NIIDS Tests Extended 90 Days Bond Buyer / Andrew Ackerman

Amid layoff news, many companies are still hiring Christian Science Monitor / Ron Scherer

Dollar Rises Against Yen on Speculation Fed to Limit Rate Cuts Bloomberg / Kosuke Goto

Dollar Bottom Proves Elusive as G-7 Meets, Bearish Bets Double Bloomberg / Bo Nielsen

Asia Stocks Decline, Led by Banks on Subprime Loss Concerns Bloomberg / Chua Kong Ho

OECD sees another poor year for overseas aid Guardian via Taipei Times / Kathryn Blanchflower


SEC Charges Five Ex-Officials in San Diego Muni Fraud / Stephen Taub

The Economy's Summer Holiday Has Already Begun Safehaven / Richard Benson

Jobs are wanted but not found AP via Allentown Morning Call / Martin Crutsinger

FL: Facing foreclosure, residents are trashing homes South Florida Sun Sentinel via Orlando Sentinel / Paul Owers

Traders Frown on Fed, Earnings / Mark Glassman

'Humpty Dumpty' economy about to take a fall, but cracks can be fixed Marketwatch / Thomas Kostigen

Minutes of the Federal Open Market Committee Federal Reserve Board

Fed: Severe downturn possible Reuters / Mark Felsenthal and Glenn Somerville

Fed Worried About 'Prolonged And Severe' Downturn Investors Business Daily / Brad Kelly

Fed Officials Saw Contraction in Economy `Likely' Bloomberg / Craig Torres

Former Fed chief: Inflation isn't dead CNN / David Ellis

Greenspan, on CNBC: U.S. in recession Reuters

Buying Treasurys just got easier, but these safe havens are high-priced Marketwatch / Chuck Jaffe

Short-term Treasurys rise on Fed minutes AP via Houston Chronicle ./ Tim Paradis

Two-Year Treasuries Gain; Fed Minutes Say Contraction `Likely' Bloomberg / Sandra Hernandez and Deborah Finestone

Rising currency squeezes exporters in China LA Times / Don Lee

7 charged in NY Mercantile probe AP via Houston Chronicle / Samuel Maull

Goldman Says Sell Fannie, Freddie; Lehman Says Buy Bloomberg / Elizabeth Stanton and Dawn Kopecki

UPS cuts profit outlook AP via CNN

U.S. Stocks Fall on Profit Concern; Washington Mutual, AMD Drop Bloomberg / Eric Martin

Morgan Stanley shareholders take aim at compensation Journal News / Jerry Gleeson

The IBD/TIPP Economic Optimism Index Investors Business Daily

Is Another Depression On The Horizon? Forbes / Oxford Analytica

Municipal Issuers Sputter in Rage, Demand AAA Rating Bloomberg / Joe Mysak

Treasury Prices Show Little Change AP via San Francisco Chronicle / Tim Paradis

Stocks Take Hit From Home Sales Data Investors Business Daily / Alan R. Elliott

Weak retail sales may spur more warnings Reuters / Nicole Maestri

JetBlue rides above industry's turbulence San Francisco Chronicle / George Raine

The trouble with tech CNN / Paul R. La Monica

Alcoa 1Q Profit Drops on Higher Costs AP via Forbes / Daniel Lovering

Washington Mutual Gets $7 Billion From TPG-Led Group Bloomberg / Elizabeth Hester and David Mildenberg

Dollar little changed ahead of Fed minutes Marketwatch / Nick Godt

Gov't Says Gas Prices Could Hit $4 AP via San Francisco Chronicle / John Wilen

Britain's Pound Falls to Record Against Euro on Housing Slump Bloomberg / Lukanyo Mnyanda

Overwhelming tax debt got you worried? First file, then consider options Marketwatch / Andrea Coombes

Falling short The Economist

Citigroup, Wells Fargo May Fuel Recession by Curtailing Lending Bloomberg / Mark Pittman, Alan Katz and David Mildenberg

The Ugly Reality Behind The Job Numbers NY Post / John Crudele

Greenspan says unfairly blamed, has no regrets: report Reuters

Tuesday’s Analysis / Marty Chenard

U.S. Stock-Index Futures Decline; Alcoa, AMD Shares Retreat Bloomberg / Henrietta Rumberger and Eric Martin

Online sales to grow 17 percent in '08 AP via Houston Chronicle / Anne D’Innocenzio

Morgan Stanley's Mack Sees Crisis Lasting `Couple of Quarters' Bloomberg / Christine Harper

Oil slips after surging a day earlier AP via Houston Chronicle / George Jahn

LBO Freeze Cuts First-Quarter Fees to Wall Street by 75 Percent Bloomberg / Edward Evans

February Pending Home Resales in U.S. Fall More Than Forecast Bloomberg / Bob Willis

Southern California beach house prices staying afloat LA Times / Ronald D. White

IMF Says Financial, Economic Losses May Swell to $945 Billion Bloomberg / Christopher Swann

S&P to Halt Trend Reports Bond Buyer / Dakin Campbell

Pending Sales of U.S. Existing Homes Probably Fell in February Bloomberg / Bob Willis

Oil hovers below $109 after steep rise AP via Indianapolis Star / Gillian Wong

Wall Street Welcomes the Fed Daily Standard / Irwin M. Stelzer

Should Congress help borrowers? Christian Science Monitor / Mark Trumbull

Angels come to WaMu's rescue LA Times / Walter Hamilton

Calls About Tax Rebate Keep IRS Busy Washington Post / Stephen Barr

Greenspan Says U.S. Home Prices May Stabilize Later This Year Bloomberg / Scott Lanman and Lily Nonomiya

Inflation in Asia Begins to Sting U.S. Consumers NY Times / Keith Bradsher

PA: There’s Gas in Those Hills NY Times / Clifford Krauss

In U.S., Metal Theft Plagues Troubled Neighborhoods NY Times / Christopher Maag

Thieves Mine Church Roofs as Lead Prices Rise NY Times / James Kanter

Asian Stocks Fall, Led by Samsung and Aeon on Profit Outlook Bloomberg / Chen Shiyin and Masaki Kondo

Euro Rises on Speculation Interest Rate Advantage Will Widen Bloomberg / Stanley White and Kosuke Goto

Fear of Iceland bail-out could signal new future for the IMF Telegraph / Edmund Conway


Yahoo!'s Striptease Forbes / Elizabeth Corcoran

Federal Housing Administration Housing Stabilization and Homeownership Act Federal Reserve Board / Randall S. Kroszner

Gold bugs or gold bears? Marketwatch / Mark Hulbert

New Regulations Will Shape the Next Crisis Lew Rockwell / Gary North

SIFMA and ASF Urge Balanced Approach to Subprime Mortgage Finance Regulation; Call for National Mortgage Lending Standard SIFMA

Who Will Bail Out the FED? Euro vs Dollar Monitor via Safehaven /  Alex Wallenwein

Fed mulls further market soothing steps: official Reuters / Mark Felsenthal

Stocks tumble on UPS outlook CNN / Ben Rooney

Middle class Americans feel worse off than five years ago AP via Chicago Tribune / Hope Yen

PA: Home sales fall 22 percent Allentown Morning Call / Jeanne Bonner

Utah bankruptcies up 44% from a year ago Salt Lake Tribune / Steven Oberbeck

Bush and Democrats push ahead with housing plans Reuters / Patrick Rucker and Tabassum Zakaria

Crude rallies above $111 as inventories fall Marketwatch / Moming Zhou and Polya Lesova

Oil Rises, Gasoline Climbs to a Record, on U.S. Supply Decline Bloomberg / Mark Shenk

Dollar narrowly slips vs. yen and euro Marketwatch / William L. Watts and Lisa Twaronite

WAMU Rescue Not Enough, Shares Fall 10% NY Post / Mark DeCambre

Pleasure seekers The Economist

Federal Reserve Events Reuters

The Importance of Financial Education and the National Jump$tart Coalition Survey Federal Reserve Board / Ben S. Bernanke

Bernanke: Kids Must Understand Money AP via Chicago Tribune / Jeannine Aversa

Wednesday’s Analysis / Marty Chenard

Stocks Flat Before Data / Mark Glassman

TABLE-U.S. mortgage applications rose last week Reuters

Mortgage Applications Increase In Latest MBA Weekly Survey Mortgage Bankers Association

What Grocers Teach Us About The U.S. Economy Forbes / Melanie Lindner

As income gap widens, recession fears grow CNN / Tami Luhby

Goldman Level 3 Assets Jump in First Quarter, Exceeding Rivals Bloomberg / Yalman Onaran

UBS May Report No Second-Quarter Profit, Lehman Says Bloomberg / Alexis Xydias and Warren Giles

A trading low or a market bottom? Marketwatch / Todd Harrison

Russell now says bull market that began in early 1980s still alive Marketwatch / Mark Hulbert

Asian Stocks Decline, Led by Commonwealth, Toray; BHP Advances Bloomberg / Chua Kong Ho

Fed May Slow Pace of Rate Cuts in Face of Shrinking Economy Bloomberg / Craig Torres and Scott Lanman

Fed maestro hearing sour notes LA Times / Thomas S. Mulligan

Treasuries Little Changed as Traders Add to Bets for Fed Cuts Bloomberg / David Yong

Florida Bonds Take Hit Bond Buyer / Shelly Sigo

Suit Reflects Heightened SEC Enforcement Bond Buyer / Andrew Ackerman and Andrew Ward

U.S. Economy to Stall as Consumer Spending Cools, Survey Shows Bloomberg / Shobhana Chandra and Kristy Scheuble

Can lenders do more to halt foreclosures? Christian Science monitor / Tom A. Peter

CA: Hanging up on unemployment benefit applicants LA Times / Marc Lifsher

CA: Bullet train coming to California ballots Christian Science monitor / Daniel B. Wood

UK: Rate cut demanded as property prices slide London Times / Philip Webster and Grainne Gilmore

BOJ Keeps Rate at 0.5% at Shirakawa's First Meeting Bloomberg / Mayumi Otsuma and Toru Fujioka

Yen Trades Near 4-Week Low Against Dollar on Outlook for Rates Bloomberg / Kosuke Goto

Australian Consumer Confidence Slumps to 15-Year Low Bloomberg / Jacob Greber

S. Korea May Keep Benchmark Rate at 5% as Growth Risks Weighed Bloomberg / William Sim



U.S. financial model can be fixed, Bernanke says Reuters / Joanne Morrison

Mortgage rates unchanged this week AP via MSNBC

No-down-payment mortgages gone for good? Marketwatch / Amy Hoak

Pimco's Gross Holds Most Mortgage Debt Since 2000 Bloomberg / Deborah Finestone

Bond Dealers Bid for Less Treasuries Than Fed Offers Bloomberg / Scott Lanman

Treasury bond market at a glance AP via Houston Chronicle

Precious metals fall on stronger dollar AP via Houston Chronicle / Stevenson Jacobs

Rising Gas Prices Push Small Businesses to the Brink / Kate O'Sullivan

Can't Get Ahead, Hard To Keep Up Washington Post / Michael A. Fletcher

Google and Yahoo to share web ads BBC News

U.S. Stocks Gain, Led by Retailers, Technology; Wal-Mart Rises Bloomberg / Eric Martin

Senate Passes Housing Aid, Tax Breaks Dow Jones via

UK: Bank lowers interest rates to 5% BBC News

Gold futures end lower, as dollar rises Marketwatch / Polya Lesova

Tightening belts The Economist

Addressing Weaknesses in the Global Financial Markets: The Report of the President's Working Group on Financial Markets Federal Reserve Board / Ben S. Bernanke

Fed Was Ready to Lend to Wall Street Dealers Before March 16 Bloomberg / Scott Lanman

Nothing fundamentally broken on Wall Street: Bernanke Marketwatch / Greg Robb

Bernanke tells regulators to look ahead CNN

Treasury Notes Decline as U.S. Stocks Advance, After Auction Bloomberg / Sandra Hernandez

Stocks Rise After Mixed Retail Data AP via Chicago Tribune / Madlen Read

All Easy in EM Morgan Stanley / Joachim Fels and Manoj Pradhan

The great American slowdown The Economist

U.S. jobless claims down sharply AP via MSNBC

Bankers face a Bear (Stearns) market for jobs Marketwatch / David Weidner

Danger ahead for the mighty euro The Economist

US 30-year mortgage rates unchanged in latest week Reuters

Auction Failures Force Students to Lose College Funds Bloomberg / Adam L. Cataldo and Michael B. Marois

Another Flavor of Bonds Threatens to Turn Sour Bloomberg / Mark Gilbert

U.S. Economy: Trade Gap Unexpectedly Grew on Imports Bloomberg / Shobhana Chandra

Trade deficit rises in February CNN / Kenneth Musante

Thursday’s Analysis / Marty Chenard

Wal-Mart, Costco Sales Gain as Bargains Lure Shoppers Bloomberg / Cotten Timberlake

Euro off new highs after rate decision Marketwatch / William L. Watts and Lisa Twaronite


FedEx CEO: "no growth" in U.S. economy Reuters

Consumers Ready To Say The 'R' Word Forbes / Ruthie Ackerman

Looking for yield? Junk bonds may be the answer Globe and Mail / Rob Carrick

U.S. stocks brace for flood of earnings reports Marketwatch / Nick Godt

Eyes on the prize The Economist

Wachovia Tightens Standards for Home Loans Nationally Bloomberg / David Mildenberg

Oil prices back above $100 a barrel Detroit News

GE's finance units weigh on industrial giant Marketwatch / Alistair Barr

Are Global Imbalances Due to Financial Underdevelopment in Emerging Economies? Federal Reserve Bank of San Francisco

Bear Stearns assets shrink 20% AP via CNN

FDIC to Conduct First Nationwide Survey of Banks' Efforts to Bring "Unbanked" Consumers Into Economic Mainstream FDIC

Banks set to stumble again CNN / David Ellis

Corn futures decline as better weather eases planting concerns AP via St. Louis Post Dispatch

G7 officials aim for a public front of confidence Marketwatch / Greg Robb

Tax refund going for everyday bills AP via Allentown Morning Call / Alan Fram

Bernanke in 2002 Urged Readiness to Cut Rates `Aggressively' Bloomberg / Scott Lanman and Craig Torres

Greenspan critics: One voice stands out Globe and Mail / Neil Reynolds

San Diego Ready to Bond Bond Buyer / Andrew Ward

Illegal immigrants paying billions in U.S. taxes AP via Charlotte Observer / Travis Loller

Inflation hits consumers worldwide Christian Science Monitor / Mark Trumbull

Nasdaq Leads Downside As Techs Reverse Off Thursday Rally Investors Business Daily / Alan R. Elliott

Stocks Fall After GE Results Disappoint AP via Chicago Tribune / Tim Paradis

Friday’s Analysis / Marty Chenard

In Rare Miss, G.E. Profit Falls Short NY Times / Michael M. Grynbaum

Surge in Bears May Signal Bull Run NY Sun / Dan Dorfman

Frontier Airlines Files for Bankruptcy Protection Bloomberg / Dawn McCarty and Hugo Miller

Frontier bankruptcy a surprise Denver Post / Kelly Yamanouchi

The questions Greenspan didn't ask Fortune via CNN

U.S. to start summer with gasoline surplus Reuters / Richard Valdmanis

Reliance on oil seen for 50 years AP via Washington Times / Emma Vandore

Oil Price Defies Easy Calculation Washington Post / Steven Mufson

Consumer Confidence Falls to New Low AP via Forbes / Jeannine Aversa

U.S. trade deficit rises, surprises AP via Washington Times / Martin Crutsinger

For Deposits Only Forbes / Carrie Coolidge

ECB's Weber Says No Room for Rate Cuts as Inflation Soars Bloomberg / Simone Meier and Gabi Thesing

Auction Market Shrinks by $51 Billion, With Failure Rate at 71% Bloomberg / Jeremy R. Cooke

Largest U.S. Municipal Bankruptcy Looms in Alabama Bloomberg / Joe Mysak

Ben Bernanke lays credit crunch fiasco squarely on ratings agencies London Times / Tom Bawden

Frontier Files for Bankruptcy Protection AP via Palm Beach Post

Dollar Heads for Weekly Decline Versus Euro Before G-7 Meeting Bloomberg / Kosuke Goto and Stanley White

UK: Will cutting interest rates save the economy from recession? Independent / Sean O’Grady

ECB hawks defiant as storm gathers Telegraph / Ambrose Evans-Pritchard

Japan Wholesale Prices Rise; Fastest Pace in 27 Years Bloomberg / Keiko Ujikane


Frontier's struggles had been mounting Denver Post / Kelly Yamanouchi

GE's profit shortfall underscores credit crisis Washington Times / Patrice Hill

Houston area feeling the sting from home crisis Houston Chronicle / Nancy Sarnoff

When the surplus of new stock rises, so do incentives Houston Chronicle / Purba Patel

Central Bankers Say Crisis Not Over, Urge Regulation Bloomberg / Gonzalo Vina and Alison Fitzgerald

Paulson: 'Expect more bumps' ahead AP via CNN

Lehman’s Hand Up or Hand Out From The Fed NY Post / Mark DeCambre

Layoffs, closures will cost WaMu more than $140 million Seattle Times / Drew DeSilver

An Economy Built On Lies Lew Rockwell / Gary North

Why costs are climbing Globe and Mail / Eric Reguly

OPEC sees softer oil demand, prices in coming months: report Marketwatch / Nick Godt

Two-Year Treasuries Advance as Investors Flee Declining Stocks Bloomberg / Deborah Finestone

FL: Weak U.S. dollar, low prices luring home buyers from abroad South Florida Sun Sentinel / Paul Owers

Consumers must admit their part in credit crisis Modesto Bee / Michelle Singletary

Gas prices set record, oil moves higher AP via Houston Chronicle / Adam Schreck

Incoming UBS chairman wants 'one bank' AP via Houston Chronicle / Balz Bruppacher

U.S. Stocks Drop After General Electric's Surprise Profit Miss Bloomberg / Elizabeth Stanton

G-7 Signals Concern on Dollar's Slide, Weaker Growth Bloomberg / Simon Kennedy and John Brinsley



IRS cuts back on audits of large companies USA Today / Kevin McCoy

Wachovia could get $7 billion in capital AP via CNN

As Greenspan’s reputation sinks, Volcker’s rises AP via MSNBC

New home loan changes bring no relief San Francisco Chronicle / Carolyn Said

Micro Who? Google Rules The Ad Roost Forbes / Maurna Desmond

UK economy faces tough times as credit crunch hits big City spenders Telegraph / Louise Armitstead

It’s a Long, Cold, Cashless Siege NY Times / Gretchen Morgenson

Failure of Wall Street's auction-rate bonds hits Main Street St. Louis Post Dispatch / David Nicklaus

Sign of Distress: More Who Can’t Pay Their Bills NY Times / Phyllis Korkki

Sales Probably Stalled, Housing Dropped: U.S. Economy Preview Bloomberg / Bob Willis and Shobhana Chandra

A Lender Failed. Did Its Auditor? NY Times / Vikas Bajaj and Julie Creswell

You Thought You Had an Equity Line NY Times / Gretchen Morgenson

Earnings reports provide the rear view; look ahead instead Pittsburgh Tribune Review / Gregory M. Drahuschak

Why stock most popular with newsletters isn't a contrarian case Marketwatch / Mark Hulbert

As price of copper rises, so do copper thefts AP via Boston Herald

TX: Saving gas is part of new lifestyles for some Texans Dallas Morning News / Elilzabeth Souder

But What of the Small Investor? NY Times / Nelson D. Schwartz

IRS has extensions, payment plans available AP via Pittsburgh Tribune Review / Eileen Alt Powell

A Fresh Look at the Apostle of Free Markets NY Times / Peter S. Goodman

US banks Citigroup and Merrill Lynch reveal fresh $15bn loss Globe and Mail / Ian Dey

Global crisis grows as food prices soar Chicago Tribune / Laurie Goering


CA: Home prices likely to drop until 2009 Contra Costa Times / Barbara E. Hernandez

FL: Sour economy casts pall over once sunny Florida Reuters / Tom Brown

Bear in the China shop Marketwatch / Peter Brimelow

TREASURIES-Rise in Asia, await PPI and Empire State data Reuters / Masayuki Kitano

It's now, or penalties Marketwatch / Andrea Coombes

Mayday From FGIC Forbes / Carl Gutierrez

States push to get food to needy / Christine Vestal

Schools Get A Lesson in Lunch Line Economics Washington Post / Ricky Carioti

Food Costs Rising Fastest in 17 Years AP via San Francisco Chronicle / Ellen Simon

US mortgage rates rose 1/8 point Monday – BestInfo Reuters

Bailing Out Banks Texas Straight Talk via Safehaven / Ron Paul

Bear Stearns 1st-quarter profit falls 79 percent Reuters

Leery investors brace for Intel, AMD Fortune via CNN / Scott Moritz

AMT Death, Simplification Are Doable in New Plan Bloomberg / John F. Wasik

11 reasons 'investor literacy' is a big hoax Marketwatch / Paul B. Farrell

Fears of long recession rising CNN / Chris Isidore

Extending unemployment benefits cornerstone of second stimulus plan Marketwatch /Ruth Mantell

Financial Market Turmoil and the Federal Reserve: The Plot Thickens Federal Reserve Board / Kevin Warsh

Fed's Warsh says process of healing market 'unlikely to be swift or smooth' Thomson via Forbes

Stocks End Lower Amid Earnings Concerns AP via Orlando Sentinel / Tim Paradis

Confidence in Thain's Turnaround at Merrill Wilts Bloomberg / Bradley Keoun

Bear Stearns Reaped a Profit Before JPMorgan Takeover Bloomberg / Josh Fineman

Soybeans jump on weather worries AP via Houston Chronicle / Stevenson Jacobs

Did the Fed Cause the Housing Bubble? Ludwig von Mises Institute / Robert P. Murphy

Stocks Flutter In Light Trade Investors Business Daily / Vincent Mao

New York to Refinance Some Insured Variable-Rate Debt Bloomberg / Michael Quint

Who wants to trade? The Economist

A mixed outlook The Economist

Apartment rental costs are all over the map MSNBC / Jane Hodges

NC: High-end homes are not immune Charlotte Observer / Kirsten Valle

Gold gains as dollar falls; other metals mixed Marketwatch / Polya Lesova

Wachovia to raise capital, slash dividend, cut jobs Charlotte Observer / Rick Rothacker

Blockbuster offers over $1 billion for Circuit City Reuters / Aarthi Sivaraman and Sue Zeidler

Goldman Strategist Says U.S. Earnings Are `Awful' Bloomberg / Alexis Xydias

Monday’s Analysis / Marty Chenard

Don't be fooled by retail rise Marketwatch / Dr. Irwin Kellner

March retail sales unexpectedly rise 0.2 pct Reuters

February business inventories rise 0.6% Marketwatch / Greg Robb

Auction Rate Collapse Brings Bondholders 12% After-Tax Return Bloomberg / Christopher Condon

Treasurys lose steam after retail sales data Marketwatch / Nick Godt

Recession Has Bernanke, Greenspan Agreeing Companies Have Cash Bloomberg / Rich Miller

Wachovia Posts Loss, Plans $7 Billion Capital Raising Bloomberg / David Mildenberg

AP Poll: More Avoid Buying Homes AP via Washington Post / Alan Fram

The Rise and Fall of Intra-EMU Diversification Morgan Stanley / Stephen Jen and Luca Bindelli

Dollar Sinks in Europe and Asia AP via Forbes

Oil prices back above $111 AP via Houston Chronicle / Pablo Gorondi

Commodities slide across the board Reuters via Forbes / Pratima Desai

OH: The incredible shrinking city CNN / Les Christie

Nothing Special With Treasuries as Fed Has Mortgages Bloomberg / Liz Capo McCormick

Treasuries Rise as Stocks Decline Before Retail Sales Report Bloomberg / Wes Goodman

Rich getting richer: Campaign issue? Christian Science Monitor / David R. Francis

US Federal Reserve says that credit crisis is not over yet London Times / Suzy Jagger

Higher pay puts older workers on firing line Chicago Tribune / Barbra Rose

U.S. steps up response to housing crisis Christian Science Monitor / Gail Russell Chaddock

Asia Stocks Post Biggest Loss in a Month on Earnings Outlook Bloomberg / Chen Shiyin and Patrick Rial

Dollar Rises After Group of Seven Expresses Concern on Slide Bloomberg / Stanley White and Bo Nielsen

China Has Scope to Raise Interest Rates, Zhou Says Bloomberg / Luo Jun, Zhao Yidi and Klaus Wille

BOJ Policy Unchanged as Economy Slows, Minutes Show Bloomberg / Jason Clenfield


A Black Swan in the Money Market pdf Federal Reserve Bank of San Francisco

CA: County median home price drops below $400,000 San Diego Union Tribune / Roger Showley

CA: Median home price drops to $650,000 Santa Cruz Sentinel / Jondi Gomez

WaMu reports $1.14 billion quarterly net loss Marketwatch / Alistair Barr

Reasons to fire your financial adviser Marketwatch / Chuck Jaffe

Crude oil at new high just above $114; gas also at a record AP via Forbes / Adam Schreck

Intel Forecast Tops Analysts' Estimates; Shares Rise Bloomberg / Ian King

Intel Makes Good Forbes / Brian Caulfield

Stocks Get Late Lift / Mark Glassman

Congress wants to jolt economy – again CNN / Jeanne Sahadi

Canada: Economy losing high-quality jobs: TD CP via Globe and Mail

Loan Demand `Outstrips Supply,' SLM's Remondi Says Bloomberg / Christopher Stern

ASF and SIFMA Urge Immediate Action to Ensure Availability of Student Loans; Recommend Federal Financing Bank Provide Liquidity to Lenders SIFMA

It's inflation, stupid! CNN / Paul R. La Monica

Monthly capital flows to U.S. rise in February Marketwatch / Lisa Twaronite

First Step – Fire the Fed Lew Rockwell / Fred Sheehan

Stocks turn lower CNN

CA: Homeowners get that drowning feeling San Francisco Chronicle / Carolyn Said

McCain Seeks Tax Cuts, Spending Curbs to Lift Economy Bloomberg / Matthew Benjamin and Indira Lakshmanan

Treasury Dept. giving hedge funds guidelines, not rules AP via Houston Chronicle / Martin Crutsinger

Promise of rebates brings unusual flood of tax filings Miami Herald / Douglas Hanks

Survey: Customers are increasingly happy with online banking AP via San Francisco Chronicle / Madlen Read

Russian oil output declines for first time in 10 years AP via Houston Chronicle

New York Fed Factory Index Unexpectedly Rose in April Bloomberg / Courtney Schlisserman

Empire State Manufacturing Survey Federal Reserve Bank of New York

Stocks Up After Economic, Earning Data AP via La Times / Madlen Read

Tuesday’s Analysis / Marty Chenard

Earnings Season is Here, Put on Your Seatbelt NY Post / John Crudele

Who leads on the issues? The Economist

Treasuries Fall After Producer Prices Rise, Manufacturing Grows Bloomberg / Deborah Finestone

Swaps Tied to Losses Became `Frankenstein's Monster' Bloomberg / Neil Unmack and Sarah Mulholland

Court Case Is Lost in Cauldron of Muni Market Woes Bloomberg / Joe Mysak

U.S. Foreclosures Jump 57% as Homeowners Walk Away Bloomberg / Dan Levy

Bankruptcies Rise in Crunch for Firms `That Should Have Failed' Bloomberg / Tiffany Kary and Caroline Salas

U.S. March Producer Prices Rise More Than Forecast Bloomberg / Shobhana Chandra

There's Still Oil In Them Hills Forbes / Lionel Laurent

Oil sets new high above $113 a barrel AP via Houston chronicle / George Jahn

U.S. Bancorp profit falls, credit losses increase Reuters

Retailing Chains Caught in a Wave of Bankruptcies NY Times / Michael Barbaro

Economy's Fate Hinges On Shoppers' Stamina Washington Post / Neil Irwin

Detroit's Bare-Bones Budget Bond Buyer / Caitlin Devitt

Collectors Cost IRS More Than They Raise Washington Post / Lyndsey Layton and Christopher Lee

Delta, Northwest Agree to Merger Washington Post / Del Quentin Wilber

Oil Rises to Record as Falling Dollar Prompts Commodity Buying Bloomberg / Christian Schmollinger

Central Bankers Bear It But they're not grinning. Daily Standard / Irwin M. Stelzer

Canada: Credit crisis spurs foreign bank exodus Globe and Mail / Andrew Willis

UK: House prices fall at fastest rate since 1978 Guardian / Ashley Seager, Nicholas Watt and Larry Elliott

Australian Central Bank Says Rate Is Major Restraint Bloomberg / Jacob Greber

UK: Costs of production rising at record rate Telegraph / Peter Taylor