Bondhead News Archive

June 16 – June 30

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Fed walking the inflation walk Marketwatch / Dr. Irwin Kellner

Fed may not tighten as much as market expects: report Reuters / Masayuki Kitano

UK: An opportunity to borrow cheaply is being ignored The Economist

Past-due payments are growing AP via Allentown Morning Call / Joyce M. Rosenberg

International Travel to U.S. Up 15 Percent Washington Post / Anita Huslin

China gets most foreign direct investment among developing countries, but its share is falling The Economist

We must be cruel to be kind to save the world from a longer-term headache Independent / Stephen King

Russia's economy grows by 8.5% in first quarter Marketwatch / Polya Lesova

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

Bank Lending, Financing Constraints and SME Investment Federal Reserve Bank of Chicago / Gregory F. Udell, Santiago Carbó Valverde and Francisco Rodríguez-Fernández

Stocks Finish Mixed / Mark Glassman

Eleven reasons passive investors let Wall Street steal their money Marketwatch / Paul B. Farrell

Following the financial news doesn't mean you have to trade on it Marketwatch / Andrea Coombes

How the floods will hurt the economy CNN / Chris Isidore

Corn prices jump to near $8 a bushel on fears of reduced crop AP via USA Today / Stevenson Jacobs

Oil retreats after surging to record CNN / Kenneth Musante and David Goldman

Saudis increase oil output by 200,000 barrels per day Bloomberg via Houston Chronicle

Muni Auction-Rate Market Shrinks 49% After Collapse Bloomberg / Jeremy R. Cooke

Treasurys little changed after last week's selling AP via Houston Chronicle

Slower times for home improvement Journal News / Jay Loomis

Obama will spend to revitalize economy CNN

Business Conditions: Sustainable Improvement or False Dawn? Morgan Stanley / Richard Berner & David Cho

Net Foreign Purchases of U.S. Assets Rose in April Bloomberg / Rebecca Christie

Treasurys caught between N.Y. survey, commodities Marketwatch / Deborah Levine

Economy Raises the Heat in the Kitchen Washington Post / Michael S. Rosenwald

Stocks slump as price of crude rises again Marketwatch / Kate Gibson

U.S. Stocks Fall on Economic, Energy Concern; GE Shares Retreat Bloomberg / Elizabeth Stanton

GE stock reaches lowest point since 2003 AP via Washington Post

How homeowners' missed mortgage payments set off widespread problems and woke up the Fed Washington Post / Zachary A. Goldfarb and Alec Klein

A Monumental Petro-Wealth Transfer Morgan Stanley / Stephen Jen

How to cut the price of oil Christian Science Monitor / Mark Trumbull

Goldman, Morgan Stanley Profits Conceal Reliance on Commodities Bloomberg / Christine Harper

European Inflation Accelerates to Highest in 16 Years Bloomberg / Fergal O'Brien

Washington Post says Bernanke will not raise rates Reuters

New York Fed June Manufacturing Index Falls to -8.7 Bloomberg / Courtney Schlisserman

Challenges for Health-Care Reform Federal Reserve Board / Ben S. Bernanke

Empire State Manufacturing Survey Federal Reserve Bank of New York

Federal Reserve will offer $75 billion in 28-day credit through its Term Auction Facility Federal Reserve Board

Federal Reserve Events Reuters

Monday’s Analysis / Marty Chenard

Lehman loss matches forecast -- $2.8 billion Reuters / Dan Wilchins

AIG loses its head The Economist

Oil pulls back after surging to record CNN / Kenneth Musante

Oil hits record near $140 a barrel on dollar, fire AP via Houston Chronicle / John Wilen

Corn prices hit another high Globe and Mail / Nigel Hunt

Poor housing market takes many off the job market Houston Chronicle / L.M. Sixel and Nancy Sarnoff

Florida's top unemployment benefit hasn't changed in 10 years South Florida Sun Sentinel / Marcia Heroux Pounds

Two sliding sectors do not a recession make London Times / Anatole Kaletsky

Hong Kong snaps out of four-session losing run Marketwatch / V. Phani Kumar

Saudi Arabia to push oil output Reuters / Jonathan Leff

Oil Falls for a Second Day as Saudi Arabia May Increase Output Bloomberg / Christian Schmollinger and Gavin Evans

UK: Slow growth, price rises, job cuts; but we should avoid a recession London Times / Gráinne Gilmore

Bear Market Worsening as Yields Fail to Keep Up With Inflation Bloomberg / Sandra Hernandez

JPMorgan’s Stately Old Logo Returns for Institutional Business NY Times / Michael J. de la Merced

Nearly Half of Wall St. Bank Profits Are Gone NY Times / Louise Story

High oil prices are based on fundamentals not speculative bubbles Telegraph / Liam Halligan

Asian Stocks Advance as Yen Weakens, Oil Retreats; Toyota Gains Bloomberg / Chen Shiyin

Gazprom Aims for $1 Trillion Club on $250 Oil: Chart of the Day Bloomberg / Lee J. Miller

UK: Deflation rather than inflation could soon be our big worry Telegraph / Roger Bootle

China Industrial Output Growth Accelerates on Exports Bloomberg / Nipa Piboontanasawat

Dollar May Beat Euro as Inflation Focus Trumps Subprime Rout Bloomberg / Lukanyo Mnyanda and Ye Xie

Yen Falls as Asian Stock Gains Boost Confidence in Carry Trades Bloomberg / Stanley White


Oil isn't free Marketwatch / Mark Hulbert

SmartMoney's Midyear Investment Guide / Russell Pearlman and Nicole Bullock

Why flooding worsens Christian Science Monitor / Richard Mertens

Pizza at your door likely to cost more Wichita Eagle / Dan Voorhis

U.S. Defaults Keep Soaring / Stephen Taub

Big selloff on Wall Street CNN

Treasuries Rise as Traders Scale Back Bets on Rate Increases Bloomberg / Sandra Hernandez and Daniel Kruger

Oh, by the way, the Fed will pause next week Marketwatch / Greg Robb

Goldman's touch may be with expectations Marketwatch / David Weidner

Banks raise penalty fees for customers' overdrafts USA Today / Kathy Chu

Bank economists say home prices yet to bottom AP via NY Daily News

In reversal, McCain says lift ban on offshore drilling St. Petersburg Times / Wes Allison

King's cure The Economist

Surging U.K. Swap Rates Threaten Housing `Crash': Chart of Day Bloomberg / Mark Gilbert

Now’s The Time For You To Take Out That Loan NY Post / John Crudele

Stocks fall as data show drag of higher oil AP via Chicago Tribune / Madlen Read

Tuesday’s Analysis / Marty Chenard

Congress takes aim at oil speculators CNN / Steve Hargreaves

Goldman profit falls as markets slump Reuters / Joseph A. Giannone

Goldman Feasts On Credit Crunch Forbes / Lionel Laurent

Review and Preview Morgan Stanley / Ted Wieseman

Bond yields spiking on inflation fears CNN / Paul R. La Monica

Bonds Beat Brownstones as New York Real Estate Cools Bloomberg / Joe Mysak

The American Consumer: Stronger Now, Weaker Later Morgan Stanley / Richard Berner

Stagflation Nation Forbes / Melinda Peer

U.S. Economy: Housing, Prices, Output Point to Some Stagflation Bloomberg / Courtney Schlisserman and Shobhana Chandra

Federal Reserve announces results of auction of $75 billion in 28-day credit held on June 16, 2008 Federal Reserve Board

Big three central banks tone down rate hike threats Reuters / Mike Dolan

Economists and markets not so far off on rates Reuters / Nigel Davies and Yati Himatsingka

CA: Gas prices latest worry for real estate market LA Times / Roger Vincent

Corn mixed as traders re-evaluate flood damages Marketwatch / Moming Zhou

Oil eases after Monday's record, but stays choppy AP via Houston Chronicle / Adam Schreck

Understaffed Fed raises worries Christian Science Monitor / Mark Trumbull

What Goes Down, Must Come Up? Daily Standard / Irwin M. Stelzer

Morgan Stanley warns of 'catastrophic event' as ECB fights Federal Reserve Telegraph / Ambrose Evans-Pritchard

Treasuries Rise as Economists Estimate Housing Starts Declined Bloomberg / Wes Goodman

Big-Time Irony in Texas Bond Buyer / Richard Williamson and Jason Philyaw

Several Former UBS Bankers Find New Homes Bond Buyer / Dakin Campbell

Japanese govt bonds end morning firmer as Fed rate hike speculation eases Thomson via Forbes

Inflation not bad for stocks? Marketwatch / Mark Hulbert

Asian Stocks Advance for Third Day; Mitsubishi UFJ, BHP Gain Bloomberg / Patrick Rial

How the housing bust started a panic in Florida, felled a storied bank and raised the specter of recession Washington Post / Alec Klein and Zachary A. Goldfarb

Shoppers set to count rising cost of bananas London Times / Suzy Jagger

Prosecutors Said to Consider Charges in Bear Funds Case NY Times / Louise Story

Yuan Rises, Extending Its Gain to 20% Since Peg, on Inflation Bloomberg / Judy Chen and Kim Kyoungwha

China's Factory, Property Investment Climbs 25.6% Bloomberg / Nipa Piboontanasawat

Australian Central Bank Says Rates Rises Slow Economy Bloomberg / Jacob Greber

Dollar May Extend Drop Versus Euro on Signs of Weakened Economy Bloomberg / Ye Xie and Bo Nielsen


Bill Ackman Was Right: MBIA, Ambac on `Ratings Cliff' Bloomberg / Christine Richard

States weigh options in offshore drilling fight AP via Seattle Post Intelligencer / Melissa Nelson

Not everyone joining herd of oil bulls Marketwatch / Peter Brimelow

Oil futures climb near $136 as traders weigh data Marketwatch / Myra P. Saefong & Polya Lesova

A "Lot of Money" Heading Back into Gold? Bullion Vault via Safehaven / Adrian Ash

Restaurant waste oil becomes hot commodity for thieves Denver Post / Alex McCarthy

UK: Bank's No 2 to stand down early BBC News / Robert Peston

Gloomy consumer confidence may signal stock rally Reuters / Herbert Lash

Corporate Earnings Doom Stocks Bloomberg / Mark Glassman

Best Buy earnings fell 7% in quarter AP via Baltimore Sun

Bonds rise with safe-haven bid as stocks fall Reuters

Fed's Yellen -- Market conditions still not normal Reuters

U.S. mortgage rates fell on Wednesday – BestInfo Reuters

U.S. Auto Sales in June May Decline to 15-Year Low Bloomberg / Greg Bensinger

Three battleground states have worst job markets Reuters / Ellen Wulfhorst

Oil rallies in $5 turnaround CNN / Ben Rooney and David Goldman

Corn nears $8 a bushel on Midwest crop damage AP via Houston Chronicle / Stevenson Jacobs

Which country makes most trips to the doctor? The Economist

Small Business: You'll have more late-paying customers AP via Pittsburgh Post Gazette / Joyce M. Rosenberg

New York Times Posts Biggest Ad Sales Drop This Year Bloomberg / Leon Lazaroff

Bush, Democrats square off over offshore drilling AP via Houston Chronicle

Dollar dips as markets reconsider Fed hikes Marketwatch / Lisa Twaronite, William L. Watts and Nick Godt

Treasuries Rise as Fed Increase Speculation Eases, Stocks Fall Bondheads / Sandra Hernandez

Ambac Financial to Terminate Its Contract With Fitch Ratings Bloomberg / Alan Goldstein

Expect to pay more green at the farmers market Journal News / Julie Moran Alterio

High oil price? Just blame the consumer Globe and Mail / Neil Reynolds

Shooting the moon on renewables CNN / Steve Hargreaves

Canada: TD's economic advice: ‘Buckle up for the ride' Globe and Mail / Virginia Galt

Zions Bancorp stock dives 10% Salt Lake Tribune / Tom Harvey

Oil Price Realities May Soften Fed Rate Moves Bloomberg / John M. Berry

Why Real Estate Market Is Nowhere Near a Bottom Bloomberg / Caroline Baum

Mortgage Applications Decrease In Latest MBA Weekly Survey Mortgage Bankers Association

Economists predict more pain ahead but no recession LA Times / Roger Vincent

Wooden Nickels and Steel Pennies Ludwig von Mises Institute / Dan McLaughlin

Fed's Bear Stearns Books Look Prime for Cooking Bloomberg / Jonathan Weil

Indexes Slip Lower In Busy Trading Investors Business Daily / Alan R. Elliott

Wednesday’s Analysis / Marty Chenard

Stocks fall amid concerns about financials, FedEx AP via Chicago Tribune / Tim Paradis

FedEx swings to 4Q loss; guidance disappoints AP via Houston Chronicle / Woody Baird

Bernanke May Regret Rate Cuts as Inflation Rises, Lawson Says Bloomberg / Kim-Mai Cutler

Why We're Gloomier Than The Economy Washington Post / Neil Irwin

Platforms Stand to Gain From Market Change Bond Buyer / Dakin Campbell

Treasury Notes Fall as Stock Gains Spur Demand for Higher Yield Bloomberg / Wes Goodman

MBIA Debt Is Setting Up a Quandary NY Times / Gretchen Morgenson and Vikas Bajaj

Wachovia Taking New Steps to Assure Borrower Understand Loans Bloomberg / David Mildenberg

New effort to modify at-risk home loans Christian Science Monitor / Mark Trumbull

U.S. Demand for Architects' Services Drops as Development Slows Bloomberg / Daniel Taub

Recipe for a market meltdown Marketwatch / Todd Harrison

Oil prices ease further below $134 a barrel Washington Post / Gillian Wong

Oil Falls for Fourth Day on Signs of U.S. Gasoline Demand Drop Bloomberg / Christian Schmollinger

Asian Stocks Gain for Fourth Day; Mitsubishi Estate, BHP Rise Bloomberg / Patrick Rial and Katherine Cho

Bank of England signals interest rates will be at 5pc for some time Telegraph / Edmund Conway

UK: 'So, the good news is that things are predictably bad' Telegraph / Damian Reece

BOJ Watching Rising Inflation Risks, Minutes Show Bloomberg / Mayumi Otsuma

Davos Comes to Asia and Shines Timely Spotlight Bloomberg / William Pesek



Is the LEI Biased Upwards Because of Mammoth Decline in Fed Treasury Holdings Northern Trust via Safehaven / Paul Kasriel

Stock-market towel hasn't been thrown in yet Marketwatch / Mark Hulbert

Weak economy squeezing more states / Stephen C. Fehr

IRS has issued about $64 billion in economic stimulus checks AP via Detroit News / Jim Abrams

Wealthy Investors Shift Funds From Global Banks to Reduce Risks Bloomberg / Jeff Plungis

Brokers threatened by run on shadow bank system Marketwatch / Alistair Barr

Fed Ache Euro vs Dollar Monitor via Safehaven / Alex Wallenwein

Canada: Capitalizing on the Commodity Boom: the Role of Monetary Policy Bank of Canada / Mark Carney

Risk management and its implications for systemic risk Federal Reserve Board / Donald L. Kohn

Five reasons the Fed won't raise interest rates Marketwatch / Deborah Levine

Fed's tough inflation talk hits housing Reuters / Mark Felsenthal

Fed's Kohn sees CDS clearinghouse risks, benefits Reuters / Joanne Morrison

Company Bond Risk Rises Amid Concern of More Bank Writedowns Bloomberg / Shannon D. Harrington

Bonds fall as Fed rate hike worries creep back Reuters / Chris Reese

Bush threatens foreclosure bill veto AP via CNN

U.S. House passes compromise jobless benefit hike Reuters / Richard Cowan

Nasty, brutish and short The Economist

The three survivors The Economist

Rising corn prices threaten U.S. ethanol output Marketwatch / Moming Zhou

Just bury it The Economist

Crude Oil Declines as China to Increase Fuel Prices Tomorrow Bloomberg / Mark Shenk

China to Dramatically Raise Gas, Diesel Prices Washington Post / Ariana Cha

Techs Outshine In Midday Trading Investors Business Daily / Vincent Mao

Stocks down again as data supply mixed messages Marketwatch / Kate Gibson

Treasuries Fall After Jobless Report, Note Sale Announcement Bloomberg / Daniel Kruger and Anchalee Worrachate

Jobless Claims Decline by 5,000 Following Surge AP via Washington Post / Martin Crutsinger

U.S. Slowdown, Price Increase Isn't Your Father's Stagflation Bloomberg / Carlos Torres and Rich Miller

In weak economy, many forgo $4 lattes for home brews AP via Pittsburgh Post Gazette / Candice Choi

MI: 8.5 percent jobless rate state's highest since '92 Lansing State Journal / Jeremy W. Steele

FL: Condo bust draws scams and squatters Miami Herald / Monica Hatcher

Rates on 30-year mortgages jump to 6.42 percent AP via San Francisco Chronicle / Martin Crutsinger

Hundreds of brokers netted in FBI sweep AP via MSNBC

Free Trade in Food Is `On the Ropes' Amid Shortages, Price Rise Bloomberg / Alison Fitzgerald and Mark Drajem

Gas stations turning against credit cards Miami Herald / Jennifer Lebovich and Scott Andron

Wachovia stock up on analyst report Charlotte Observer / Rick Rothacker

Canada: Inflation rises to 2.2% in May Globe and Mail / Virginia Galt

Change? Lew Rockwell / Paul Hein

A Kind Word for Inflation Pimco / Paul McCulley

U.S. Leading Indicators Unexpectedly Increased in May Bloomberg / Shobhana Chandra

Pimco's Gross keeps debt of Citi, Morgan, Goldman Reuters

Firms See Continued Decrease in Activity Federal Reserve Bank of Philadelphia

Manufacturing in Philadelphia Region Shrank in June Bloomberg / Courtney Dentch

Did the Fed go too far? CNN / Chris Isidore

Thursday’s Analysis / Marty Chenard

Big Oil companies Give Montana The Brushoff NY Post / John Crudele

Sales of premium gas plunge: 'Nobody can afford it' South Florida Sun Sentinel

Goldilocks Dumps King, Rejects Ben, Beds Trichet Bloomberg / Mark Gilbert

Broader Role for Federal Reserve Sought NY Times / Stephen Labaton

Paulson To Urge New Fed Powers Washington Post / Neil Irwin

Fallout From Bad Loans Rocks Regional Banks NY Times / Eric Dash

Trading Hurts Morgan Stanley Profits NY Times / Landon Thjomas, Jr.

Hedge Funds Hire From Wall Street as Jobs Disappear, Pay Falls Bloomberg / Elizabeth Hester and Katherine Burton

Rising mortgage rates add to housing woes Christian Science Monitor / Ron Scherer

CA: Median home price in California drops 30% in May AP via LA Times

U.S. Leading Economic Indicators Probably Were Unchanged in May Bloomberg / Shobhana Chandra

Battle for independent voters begins Christian Science Monitor / Linda Feldmann

A bunch of yahoos Marketwatch / David Weidner

Asian Stocks Decline for First Time in Five Days; Honda Drops Bloomberg / Chen Shiyin

Dollar Falls to One-Week Low Before U.S. Manufacturing Report Bloomberg / Kosuke Goto and Stanley White

UK: Minutes show split over rates decision Independent / Sean O’Grady

UK: Bank did not see risk of low interest rates Telegraph / Peter Taylor

UK: Lesson of the 1970s is raise interest rates Independent / Jeremy Warner

UK: King Says BOE Won't Flinch as Inflation Erodes Living Standards Bloomberg / Brian Swint


FL: Elderly forced to cut back as cost of gas, groceries increases South Florida Sun Sentinel / Harriet Johnson Brackey

Corn futures fall for 2nd day on improved weather AP via Houston Chronicle / Stevenson Jacobs

Dow closes below 12,000 on bank jitters, oil prices Reuters / Walker Simon

U.S. Stocks Drop on Oil's Surge, Concern Tech Demand Is Slowing Bloomberg / Elizabeth Stanton

Gates without Microsoft Fortune via CNN / Brent Schlender

Bond insurer downgrades reignite write-down fears Marketwatch / Alistair Barr

The Fed Unreserved Northern Trust via Safehaven / Peter Schiff

Gold: Don't count on $1,000 CNN / Paul R. La Monica

Gold futures hold above $900, set for a weekly gain Marketwatch / Myra P. Saefong and Polya Lesova

Street Crumbles On Crude Forbes / Steve Schaefer

House Passes Compromise Wiretapping Bill Washington Post / Dan Eggen, Paul Kane and William Branigin

Euphoria evaporates in fast-growing Vietnam AP via Allentown Morning Call / Ben Stocking and Vu Hong

California, Florida Had Biggest Job Losses in May, Labor Says Bloomberg / Carlos Torres

Death of America's Suburbs Is Greatly Exaggerated Bloomberg / Joe Mysak

Federal Reserve Events Reuters

Dr. Frankenstein Brews Inflation Expectations Bloomberg / Caroline Baum

Treasurys advance amid renewed bank risks Marketwatch / Deborah Levine

Bond Sales Soar in Europe as Companies Plan for Slump Bloomberg / Shelley Smith

Stocks drop as bank woes continue AP via Forbes / Madlen Read

Friday’s Analysis / Marty Chenard

Winnebago net tumbles 73 percent on dismal sales Reuters

Crude futures rise sharply to trade near $135 Marketwatch / Polya Lesova

Cap gains tax: How high can Obama go? CNN / Jeanne Sahadi

Credit Suisse Heads Back To The Chopping Block NY Post / Mark DeCambre

Miami's condo boom falls short of expectations Miami Herald / Matthew Haggman

The Response of the Dove Morgan Stanley / Joachim Fels and Manoj Pradhan

Mexico raises key interest rate by 25 basis points to 7.75% Marketwatch / Polya Lesova

A Question of Value NY Times / Louise Story

Treasuries Rise; Moody's, Washington Mutual Fuel Credit Concern Bloomberg / Wes Goodman

On U.S. coasts, a rethink on oil drilling? Christian Science Monitor / Ben Arnoldy and Amy Green

Floods engulf archaic levee system Christian Science Monitor / Amanda Paulson

Asian Stocks Decline as China Raises Fuel Prices; Mitsui Drops Bloomberg / Chen Shiyin and Masaki Kondo

Shanghai rallies on fuel hike; Tokyo, Sydney retreat Marketwatch / Chris Oliver

Schwarzman's `Perfectly Timed' IPO Means Long Wait for Holders Bloomberg / Jason Kelly and Jonathan Keehner

Oil Is Little Changed After Falling on China's Fuel Price Gain Bloomberg / Christian Schmollinger

Dollar Heads for Weekly Decline on Lower Bets for Rate Increase Bloomberg / Stanley White

Australian, N.Z. Dollars Head for Weekly Gain on Rate Advantage Bloomberg / Ron Harui and Tracy Withers

Why former Mexican migrants are staying home Christian Science Monitor / Sara Miller Llana

China Debunks `Domino Theory' in World Markets Bloomberg / William Pesek

UK: Government borrowing soars by half Independent / Sean O'Grady


Jobless rate hits 2-year high AP via Augusta Chronicle

CO: Front Range late payers rising Denver Post / Aldo Svaldi

Investor checklist as the gloom deepens LA Times / Tom Petruno

Financial squeeze tightens for Ford Detroit News / Bryce G. Hoffman

IMF warns the Fed it must be ready to act on inflation London Times / Suzy Jagger

If the Fed Is So Easy, Why Is the Growth in Money and Credit Aggregates So Weak? Northern Trust via Safehaven / Paul Kasriel

Treasuries Advance as Expectations Cool for Fed Rate Increases Bloomberg / Daniel Kruger and Cordell Eddings

U.S. Stocks Tumble Most in a Month as Financials, FedEx Retreat Bloomberg / Michael Patterson

Global woes send Wall St. into tailspin San Diego Union Tribune / Dean Calbreath

Saudi Arabia May Find Increased Production Won't Cut Oil Prices Bloomberg / Ayesha Daya and Grant Smith

Chevron Nigerian pipeline attacked, curbing output Marketwatch / Laura Mandaro

Oil production lagging - U.S. official CNN

Dollar Drops Most Against Euro Since March on Fed Rate Outlook Bloomberg / Ye Xie and Jamie McGee

Canada's Dollar Touches 2-Week High on Inflation, Rate Outlook Bloomberg / Haris Anwar

UK: Higher costs hits middle classes the hardest London Times / Martin Waller and Gráinne Gilmore

Banks Trimming Limits for Many on Credit Cards NY Times / Eric Dash

Why Is Oil So High? Pick a View NY Times / Jad Mouawad and Diana B. Henriques

8 Reasons You Should Not Expect an Inheritance NY Times / Ron Lieber

Higher airfares change the way business travels Marketwatch / Christopher Hinton

Travelers Shift to Rail as Cost of Fuel Rises NY Times / Matthew L. Wald

Cities fight foreclosures with unusual tactics AP via Pittsburgh Post Gazette / Deborah Yao

Big Promises Bump Into Budget Realities Washington Post / Lori Montgomery

Tax Stalemate Creates Friction Between GOP, Business Allies Washington Post / Lori Montgomery

New Credit Worries Cap Bad Week For Markets Washington Post / David Cho

Asian Stocks Drop for Second Week on Credit, Demand Concerns Bloomberg / Kyung Bok Cho

Japan's Five-Year Notes Post Biggest Weekly Gain in 10 Months Bloomberg / Theresa Barraclough and Yumi Teso



Spending Probably Rose on Tax Rebates: U.S. Economy Preview Bloomberg / Shobhana Chandra

Consumers get a lift from Uncle Sam Marketwatch / Rex Nutting

Consumers keep shopping for gadgets despite tough economic times, but will it last? San Diego Union Tribune / Jonathan Sidener

Losses in a portfolio should not disrupt a long-term strategy AP via Pittsburgh Tribune Review / Tim Paradis

Agents and brokers are holding the foreclosure door wide open for buyers looking for a bargain Chicago Tribune / Mary Umberger

WA: Tale of two construction sectors — one still booms, the other doesn't Seattle Times / Drew DeSilver

Fraudsters' hand helped housing field to explode Pittsburgh Tribune Review / Jack Markowitz

Saudi Arabia Boosts Oil Supply, May Pump More Later Bloomberg / Ayesha Daya and Glen Carey

Little hope oil summit will cut prices: Shell Reuters / Alex Lawler

Americans split by race over candidates: poll Marketwatch / Robert Schroeder

Can Congress really lower gas prices? USA Today / Erin Kelly

The damage of financial infidelity Charlotte Observer / Nancy Stancill

Can the Fed Answer All the Alarms? NY Times / Ben Stein

Sure, Land Is Cheaper. So Is It Time to Buy? NY Times / Vivian Marino

A Close Look at All Those Fees NY Times / Bob Tedeschi

Con artists are stealing homeowners' identities, properties LA Times / Lew Sichelman

Tax cushion for falling property values LA Times / Scott J. Wilson

The hype and the reality of inflation numbers Charlotte Observer / Mike Walden

Tackle Credit Cards Now Wall Street Journal / Shelly Banjo

The Week Ahead Wall Street Journal

Wall Street’s Fading Crush on G.E. NY Times / Nelson D. Schwartz

Using the Present, Not the Past, to Rate ETFs Wall Street Journal / Eleanor Laise

Addressing Rumors About Obama, Capital Gains Wall street Journal / Tom Herman

Opec prepares to boost oil output after emergency meeting in Jeddah London Times

Brown Seeks New Deal With Oil Producers to Cut Prices Bloomberg / Reed V. Landberg

Bank of England denies rate hikes are in the offing London Times / David Smith

UK: Slow growth will tame the inflation beast London Times / David Smith


Sky-High Oil Will Make U.S. Go Broke Forbes / Charles Biderman

Recession? Inflation? Help is on the way! Fortune via CNN / Stanley Bing

Fed statement likely to be fuzzy Marketwatch / Greg Robb

Fed Fears Inflation, But No Rate Hikes With Economy Weak Investors Business Daily / Scott Stoddard

Watch what Fed says Marketwatch / Dr. Irwin Kellner

Chances Slim for a Fed Rate Cut, Insiders Say NY Sun / Dan Dorfman

U.S. Muni Yields Soar as Insurer-Cut `Hurricane' Hits Bloomberg / William Selway and Martin Z. Braun

Another Blow to Household Cash Flow Northern Trust via Safehaven / Paul Kasriel

Immigration crackdown may boost US job prospects Christian Science Monitor / David R. Francis

Coal may hold solution to gas prices Pittsburgh Post Gazette / Daniel Malloy

U.S. stocks list lower as oil and financials weigh Marketwatch / Kate Gibson

Walgreen 3Q profit rises on cost controls AP via Chicago Tribune / Dave Carpenter

Citigroup halfway done in cutting 10% of 65,000 banking employees AP via Long Beach Press Telegram

More downgrades seen after bond insurers lose AAA Reuters

America's untapped oil CNN / Steve Hargreaves

UPS lowers second-quarter outlook AP via Houston Chronicle / Harry R. Weber

Most U.S. Stocks Retreat, Led by Financials on Credit Concern Bloomberg / Eric Martin

IRS raises the amount deductible for mileage AP via MSNBC

What the Fed's considering at June 24-25 meeting Reuters / Tamawa Kadoya

Fed is expected to hold interest rates steady AP via Houston Chronicle / Jeannine Aversa

Federal Reserve Events Reuters

Bonds little changed in wait for Fed meeting Reuters / Chris Reese

Putting a human face on the recession Miami Herald / Nancy Dahlberg

Street Stagnant Despite Dazzling Deals Forbes / Steve Schaefer

Goldman Reverses `Clearly Wrong' Call on Financials Bloomberg / Elizabeth Stanton and Sarah Thompson

Gas could fall to $2 if Congress acts, analysts say Marketwatch / Rex Nutting and Michael Kitchen

Gold futures retreat as dollar strengthens Marketwatch / Myra P. Saefong

Soybeans decline as warm weather boosts planting AP via Houston Chronicle / Stevenson Jacobs

Some EM Central Banks to Be Stress-Tested by Inflation Morgan Stanley / Stephen Jen

Where most money is sent, and where it counts most The Economist

Bernanke's Inflation Cure Wanes as Import Costs Rise Bloomberg / Rich Miller

Beat Bernanke at Avoiding Ravages of Inflation Bloomberg / John F. Wasik

Deutsche Bank Lost in Vegas as Defaults Make Lenders Decorators Bloomberg / Jonathan Keehner and Bradley Keoun

State, city layoffs: 45,000 and counting CNN / Chris Isidore

Brownout Forbes / Mark P. Mills

Oil rises in volatile trading CNN / Ben Rooney

Stocks flucutate after last week's drop AP via Newsday / Tim Paradis

Monday’s Analysis / Marty Chenard

Asia Biggest Bear on Treasuries as Yields Boost Bunds Bloomberg / Wes Goodman and Kyoungwha Kim

Treasurys little changed as bank layoffs rise Marketwatch / Deborah Levine

Chicago Fed nat'l activity index improves in May Reuters

Citigroup slashing investment bank jobs this week Reuters / Joseph A. Giannone and Dan Wilchins

Euro Falls Most Versus Dollar in Week as German Sentiment Ebbs Bloomberg / Bo Nielsen and Lukanyo Mnyanda

The evolution of John McCain Fortune via CNN / David Whitford

Shortages, Prices Hit California Food Banks as Schools Recess Bloomberg / Ryan Flinn

European Industries Shrink, German Confidence Falls Bloomberg / Gabi Thesing and Fergal O'Brien


Gold dips before Fed's rate decision Reuters

Housing crash hits baby boomers Marketwatch / Amy Hoak

Metro Detroit home prices continue downward spiral Detroit Free Press / Greta Guest

Canada: Active fund managers keep lagging indexes CP via Globe and Mail

At Morningstar forum, fund managers hope to see past market's dark clouds Marketwatch / Jonathan Burton

UPS Warns, Blames Weak Economy, Fuel Costs Dow Jones via

Yahoo/MSFT talks on, but not for acquisition CNN / Yi-Wyn Yen

Pier 1 drops bid for Cost Plus Marketwatch / Jim Jelter

Stocks End Lower Ahead of Fed / Mark Glassman

Platinum, palladium supplies set to decline: report Marketwatch / Nathan Becker

Fed Tightening Is Far From Certain This Year / Paulette Miniter

Florida consumer confidence hits 25-year low Miami Herald / Scott Andron

Retailers warned theft rings getting more organized St. Petersburg Times / Mark Albright

UK: Cash-strapped consumers turn to discount supermarkets to cut bills Guardian / Julia Finch

Rebate checks diverted to pay $2B in debts USA Today / Dennis Cauchon

Treasurys rally on strong auction CNN / Catherine Clifford

Bonds gain as weak data support steady rate view Reuters / Richard Leong

Economists should listen to consumers CNN / Chris Isidore

Tip-reliant workers say slowdown cuts into tips AP via Journal News / Lisa Cornwell

U.S. Consumers Tremble Forbes / Carl Gutierrez

Corn, soybean prices decline on improved crops AP via Houston Chronicle / Stevenson Jacobs

Fed starts policy meeting, rates seen on hold Reuters / Mark Felsenthal

This Shall Not Pass Daily Standard / Irwin M. Stelzer

Review and Preview Morgan Stanley / Ted Wieseman

Treasuries Rise Amid Declines in Confidence, Housing Prices Bloomberg / Sandra Hernandez and Agnes Lovasz

Fannie, Freddie Fail to Relieve Housing by Shunning Jumbo Loans Bloomberg / Dawn Kopecki

California May Pay Up at Biggest Municipal Offering in 10 Weeks Bloomberg / Jeremy R. Cooke and William Selway

Bernanke Plays `Dangerous Game' Weighing Talk, Action Bloomberg / Scott Lanman

Fed won't yet turn on lights, end party Detroit News / Brian O'Connor

Four years of gains in home prices wiped out Marketwatch / Rex Nutting

The Oil Follies Ludwig von Mises Institute / William L. Anderson

Indexes Off Lows, But Still Down Sharply Investors Business Daily / Alan R. Elliott

UPS shares at 4 1/2-year low after profit warning Reuters

GM begins offering 6-year, interest-free loans Indianapolis Star

Indian Central Bank Lifts Rates, Boosts Reserve Limit Bloomberg / Cherian Thomas and Anil Varma

Mexico: The Hikes Restarted Morgan Stanley / Gray Newman and Luis Arcentales

Stocks tank along with confidence CNN

Tuesday’s Analysis / Marty Chenard

Home prices post record 15.3% drop CNN / Les Christie

Consumer confidence tumbles in June Reuters

U.S. Consumer Confidence Fell More Than Forecast Bloomberg / Timothy R. Homan

Economy on brink of recession, Greenspan says Reuters

Greenspan Says Market `Crisis' May Extend Into 2009 Bloomberg / Nasreen Seria and Scott Lanman

Dr. Doom on money, markets and the future of oil NY Post / John Crudele

Politicians' efforts to lower the oil price will achieve nothing until supply and demand adjust The Economist

OPEC President: No need to raise supply AP via Houston Chronicle

$9 Gasoline Will Make You Love Public Transportation Bloomberg / Joe Mysak

Chicago Merc Customers Citadel, JPMorgan Rebel for Cheap Trades Bloomberg / Matthew Leising and John Lippert

Consumer Pain Goes Beyond The Pump Washington Post / Ylan Q. Mui

Economic Challenges Draw Out Divisions at Fed Washington Post / Neil Irwin

Fed to have greater powers after near-collapse of Bear Stearns London Times / Tom Bawden

Treasuries Little Changed Before Reports on U.S. Home Prices Bloomberg / Wes Goodman

Congress rushes to fill oil speculation loophole Christian Science Monitor / Gail Russell Chaddock

Hong Kong, Sydney in 4th day of losses Marketwatch / V. Phani Kumar

Shanghai market battered in wake of fuel-price surge London Times / Leo Lewis

Fidelity's Greetham Says World Economy in Stagflation Bloomberg / Darren Boey and Catherine Yang

UK: One person's luxury is another's essential Telegraph / Tracy Corrigan

Japan Tankan Confidence May Slump to Lowest Level Since 2003 Bloomberg / Jason Clenfield

As FX reserves pile up, so do China's problems Reuters via Guardian / Simon Rabinovitch and Eadie Chen



Perceptions of supply shortfall keep oil prices high Marketwatch / Laura Mandaro

Anheuser-Busch to reject $46.3 billion InBev offer Reuters / Jessica Hall

New Homes - Taking Longer to Move the Merchandise Northern Trust via Safehaven / Paul Kasriel

Fed holds rates steady, shows more worry on prices Reuters / Mark Felsenthal

What the Fed decision means for you CNN / Jessica Dickler

New faces join ranks of nation's homeless USA Today / Stephanie Armour

Cabot sidles back toward bears' den Marketwatch / Peter Brimelow

Fed On Hold, Street Looks For Rally Forbes / Steve Schaefer

Feds Cast Scapegoat Net, Snag Cioffi and Tannin Bloomberg / Caroline Baum

U.S. House Passes AMT Relief, Tax Increase for Fund Managers Bloomberg / Ryan J. Donmoyer

It's Spend and Forget Taxes, Not Tax and Spend Bloomberg / John M. Berry

Fed Happy To Do Nothing Forbes / Maurna Desmond

CO: Metro home prices rise Denver Post / Aldo Svaldi

Oil falls $2 after stockpile increase CNN / Kenneth Musante

U.S. Stocks Rise After Fed Says Economic Risks Have Diminished Bloomberg / Michael Patterson

Treasurys extend losses after Fed highlights inflation risks Marketwatch / Deborah Levine

Oil futures show little reaction to Fed decision AP via Houston Chronicle / John Wilen

Fed Keeps Rate at 2%, Cites `Upside' Inflation Risks Bloomberg / Craig Torres

FOMC Statement Federal Reserve Board

Buffett Says He's Concerned About U.S. `Stagflation' Bloomberg / Josh P. Hamilton and Erik Holm

Treasuries Decline; Fed May Shift Focus to Fighting Inflation Bloomberg / Sandra Hernandez and Agnes Lovasz

U.S. stocks higher as price of crude oil slips Marketwatch / Kate Gibson

Indexes Stage Soft Volume Gains Ahead Of Fed Decision Investors Business Daily / Alan R. Elliott

Gold futures fall more than 1% as oil drops sharply Marketwatch / Nick Godt

Oil drops $4 on surprise jump in supplies CNN / Kenneth Musante

House to vote today on limiting minimum tax AP via Chicago Tribune / Jim Abrams

Wachovia may plan to unload troubled loans Charlotte Observer / Rick Rothacker

Old Keynesian Dogs, Old Fiscal Tricks Lew Rockwell / Gary North

Bernanke May Halt Rate Cuts, Shift Focus to Inflation Bloomberg / Steve Matthews

Timid Fed Risks Inflation Newsweek via Forbes / Robert J. Samuelson

Whatever Happened To Inflation Targets? Forbes / Jocelyn Woolsey

Fed seen holding rates as inflation unease grows Reuters / Mark Felsenthal

Federal Reserve Events Reuters

Wednesday’s Analysis / Marty Chenard

Stocks jump ahead of Fed AP via CNN

How Fair Is Fair-Value Accounting? Forbes / Liz Moyer

New-Home Sales in the U.S. Fell 2.5% to 512,000 Pace in May Bloomberg / Courtney Schlisserman

Texas Real Estate Slump Gives Mexicans a Chance to Take It Back Bloomberg / Thomas Black

TN: No-money-down home loans still exist Tennessean / Naomi Snyder

Mortgage application volume falls 9.3 percent AP via CNN

Investors Call ECB's Bluff, Bet on Rate Increases Bloomberg / Gabi Thesing

Durable goods orders unchanged after 2 declines AP via LA Times / Martin Crutsinger

Prediction: Energy demand to grow by 50% by 2030 AP via Houston Chronicle

Treasuries Little Changed Before Home Sales, Fed Announcement Bloomberg / Wes Goodman

The Fed Five Wall Street Journal

Obama Leads McCain by 15 Points as Voters Reject Republicans Bloomberg / Heidi Przybyla

UK: Mortgage approvals slump 20% to new low Independent / David Prosser

Asian Stocks Drop for a Fifth Day as U.S. Confidence Declines Bloomberg / Chua Kong Ho and Katherine Espina

Australian, N.Z. Dollars Rise as Fed May Delay Raising Rates Bloomberg / Ron Harui and Tracy Withers

Japan Inflation Rate Probably Surged to Decade High Bloomberg / Mayumi Otsuma

India Signals Further Rate Moves to Fight Inflation Bloomberg / Cherian Thomas and Anil Varma

For China's Olympic guests, a not-so-warm welcome Christian Science Monitor / Peter Ford

Vital Part of Housing Bill Is Brainchild of Banks Washington Post / Jeffrey H. Birnbaum

Illinois Sues Countrywide NY Times / Gretchen Morgenson

Approval Is Near for Bill to Help U.S. Homeowners NY Times / David M. Herszenhorn

Obama Assails Remarks by McCain on Offshore Oil Drilling NY Times / Michael Powell and Michael Cooper


Bank of America to cut 7,500 jobs post-merger Reuters

Ultra-short bond funds that are well managed outrun pack USA Today / John Waggoner

Bonds rise as stocks stumble, record oil weighs Reuters / Richard Leong

U.S. Stocks Tumble, Sending Dow to Worst June Since Depression Bloomberg / Michael Patterson

US mortgage rates unchanged on Thursday – BestInfo Reuters

Gold surges into $900 territory CNN / Ben Rooney

Kohn: Food, fuel highs are temporary AP via CNN

Well, what do you expect? The Economist

Battle of the banks as Fed fights ECB NY Post / Paul Tharp

Fed Lays Groundwork to Increase Rates, If Needed Bloomberg / John M. Berry

U.S. Stocks Tumble on Earnings Concern; GM, Citigroup Retreat Bloomberg / Michael Patterson

Short seller sees trouble for the economy San Francisco Chronicle / Kathleen Pender

Hedging Inflation Risks: Opportunities and Pitfalls in US Products Morgan Stanley / Richard Berner, Jim Caron and George Goncalves

Citigroup sinks to 10-year low, Goldman urges short sale Reuters / Neha Singh

Existing home sales rose 2.0 percent in May Reuters

$7-a-gallon gas, 10-million fewer cars: Rubin Globe and Mail / Matthew Trevisan

Oil jumps on OPEC, Libya comments AP via Houston Chronicle / John Wilen

Rating Game Redux Forbes / Liz Moyer

Treasuries Advance on Concern Credit-Market Losses Will Worsen Bloomberg / Sandra Hernandez

Wall Street Sold Auction-Rate Debt, Warned Issuers Bloomberg / Darrell Preston and Michael McDonald

Why Obama shouldn't get cocky – yet Marketwatch / Robert Schroeder

The Double-Digit Inflation Club Morgan Stanley / Joachim Fels and Manoj Pradhan

Buy Japan on Inflation? (Part II) Morgan Stanley / Takehiro Sato

Thursday’s Analysis / Marty Chenard

U.S. Stock Futures Drop; Citigroup, Research In Motion Retreat Bloomberg / Adria Cimino and Michael Patterson

Federal Reserve Events Reuters

Buffett vs. Bernanke: The inflation showdown Fortune via CNN / Colin Barr

Global Economic Integration and Decoupling Federal Reserve Board / Donald L. Kohn

Fed's Kohn: central banks must beware inflation Reuters

Fed Caught In Policy Dilemma On Rates Forbes / Oxford Analytica

First-time jobless claims unchanged at 384,000 Marketwatch / Robert Schroeder

Economy sluggish but improving AP via CNN

Fed Sounds Inflation Alarm, Taking `Baby Step' Toward Rate Rise Bloomberg / Scott Lanman

Commercial-Mortgage Bond Sales May Fall to Lowest Since 1996 Bloomberg / Sarah Mulholland

The latest Wall Street witch hunt Marketwatch / David Weidner

Major turbulence ahead for airlines Christian Science Monitor / Alexandra Marks

Delinquencies Rise at Fannie Mae, Freddie Mac Washington Post / David S. Hilzenrath

Midwest floods may leave small towns smaller Christian Science Monitor / Amanda Paulson

BOJ Is Concerned Rising Costs May Crimp Spending, Nakamura Says Bloomberg / Lily Nonomiya

Money is still cheap, but that is afat lot of use if it is not available Independent / Hamish McRae

Fed Shifts Its Concern to Inflation NY Times / Louis Uchitelle

US Federal Reserve: This two-way stretch isn't funny London Times / Martin Waller

Treasuries Rise After Fed Reduces Rate Speculation Bloomberg / Wes Goodman

Market Abuse Is Rife, Just Not in Short Selling Bloomberg / Mark Gilbert

Oracle’s Income Rose 27% in Fourth Quarter NY Times / Laurie J. Flynn

Asian Stocks Rise for First Time in Six Days; Banks Lead Gains Bloomberg / Chua Kong Ho and Shani Raja


Fed Board Nominee Duke Gets Confirmed by U.S. Senate Bloomberg / Scott Lanman

Board releases minutes of its meetings on March 14 and March 16, 2008 Federal Reserve Board

No let-up in global stocks slide BBC News

Bear scare on Wall Street CNN / Alexandra Twin

Canada: Housing drop looming in Canada? Globe and Mail / Lori McLeod

Corn and soybeans set new highs before easing AP via Houston Chronicle / Adam Schreck

Discover earns $234 million The State

AAA: Roads will be emptier this 4th of July weekend Orlando Sentinel / Jason Garcia

Auto sales: bleak, but is it the bottom? Reuters / Soyoung Kim

U.S. Stocks Slump, Pushing Dow Average to Brink of Bear Market Bloomberg / Michael Patterson

Dollar pain hits close to home CNN / David Ellis

MBIA Position `Tenuous' After Moody's Downgrade, Fitch Says Bloomberg / Christine Richard

Fed Should Run Policy, Outsource Communications Bloomberg / Caroline Baum

Stocks decline again after Thursday's big drop AP via Chicago Tribune / Madlen Read

U.S. Stocks Drop as Oil Surges to Record; AT&T, KB Home Fall Bloomberg / Michael Patterson

U.S. carmakers are flat-out hurting LA Times / Ken Bensinger

Recovery hopes dim Chicago Tribune / Walter Hamilton

Regulators Target Short-Selling Forbes / Oxford Analytica

Inflation and job losses keep consumers glum Reuters / Burton Frierson

Consumer spending jumps as stimulus checks land Reuters / Alister Bull

After-tax incomes and spending show big gains AP via Chicago Tribune / Martin Crutsinger

Oil hits record above $142 CNN / Ben Rooney

Oil in Beverly Hills `Humming' Where Britney Spears Is Shopping Bloomberg / Michael Janofsky and Samantha Zee

GA: Housing market is slow, but worst might be past Augusta Journal / Tim Rausch

South Florida housing market mired in nation's economic troubles South Florida Sun Sentinel / Paul Owers

AAA: Roads will be emptier this 4th of July weekend Orlando Sentinel / Jason Garcia

Homeowners prepare for rising winter fuel prices now Chicago Tribune / Tom Incantalupo

Echoes of Great Depression as Dow takes another dive London Times / Tom Bawden

Asian Stocks Fall on Record Oil Price, Accelerating Inflation Bloomberg / Chua Kong Ho

New Zealand's Economy Contracts 0.3% on Credit Costs Bloomberg / Tracy Withers

Japan's Inflation Rate Surges to Decade-High 1.5% Bloomberg / Mayumi Otsuma



KS: As the economy falters, lifestyles grow simpler Kansas City Star / Joyce Smith

OPEC Leader Khelil Says Dollar Will Drive Oil to $170 Bloomberg / Ahmed Rouaba

Dollar Falls to Two-Week Low as Fed Rate Increase Bets Reduced Bloomberg / Candice Zachariahs and Bo Nielsen

European Bonds Log Biggest Weekly Gain Since February on Stocks Bloomberg / Anchalee Worrachate

The evolution of John McCain Fortune via CNN / David Whitford

Chinese investor pays $2.1M to eat with Buffett AP via Chicago Tribune / Josh Funk

NC: Commuting from bedroom to home office Charlotte Observer / Christopher D. Kirkpatrick

Treasuries Gain as Stocks Plunge, Credit-Market Concern Mounts Bloomberg / Sandra Hernandez and Cordell Eddings

Just beyond bear's clutches LA Times / Walter Hamilton

Sitting on the Porch, Leaving the Car in the Garage NY Times / Floyd Norris

Credit scores hit by card limits AP via Newsday / Rachel Beck

Economy: From bad to worse Chicago Tribune / Michael A. Lev

Business owners seek out survival strategies Detroit Free Press / Margarita Bauza

Envisioning a world of $200-a-barrel oil LA Times / Martin Zimmerman

Oil the wild card in predicting stock rebound AP via Houston Chronicle / Joe Bel Bruno

What Obama means by tax the wealthy CNN / Jeanne Sahadi

State, city layoffs: 45,000 and counting CNN / Chris Isidore

FL: Radio station's gas giveaway fuels a frenzy South Florida Sun Sentinel / Alexia Campbell

CA: Scramble is on for drivers to comply with California's hands-free phone law Sacramento Bee / Darrell Smith

Tomatoes may not be source of salmonella Chicago Tribune / Tiffany Hsu

Japan's Bonds Complete Biggest Weekly Rally Since August 2004 Bloomberg / Theresa Barraclough

Asian Stocks Fall for Third Week on Oil, Credit Market Concerns Bloomberg / Berni Moestafa and Chua Kong Ho


Reeling economy forces more into credit card debt Newsday / Randi F. Marshall

Fed's flinch galvanizes gold Marketwatch / Peter Brimelow

Nervous investors prepare for shaky week AP via CNN

Commodity inflation piles on pain in Asia Marketwatch / Craig Stephen

Double boon for oil nations from the soaring price of crude London Times / David Smith

Payrolls Probably Fell, Factories Slowed: U.S. Economy Preview Bloomberg / Bob Willis

Economy still teetering on the edge Marketwatch / Rex Nutting

Start of 2008 is the ugliest in decades San Francisco Chronicle / Kathleen Pender

These are dark days for Detroit's Big Three Pittsburgh Tribune Review / Jack Markowitz

CA: As Sacramento-area foreclosures widen, 'repo contractors' thrive Sacramento Bee / Jim Wasserman

Down market gives rise to home-swap deals LA Times / Frank Nelson

IL: Non-performing loans chip away at bank reserves Chicago Tribune / Becky Yerak

Vehicles become homes to many Augusta Journal

NY: Layoffs Drain City’s Economy NY Post / Kaja Whittehouse

CO: Western Slope finds an economic oasis Denver Post / Andy Vuong

Back to the Great Depression? London Times / David Smith and Dominic Rushe

Global economy will never be the same Marketwatch via Boston Herald / Chuck Jaffe

Australia May Leave Benchmark Rate at 7.25% to Curb Inflation Bloomberg / Jacob Greber

Even Richer Areas Feel the Pinch NY Times / Lisa Prevost

Why Oil and Wages Don’t Mix NY Times / Ben Stein

One Rebate Isn’t Enough NY Times / Robert J. Shiller

The ECB's eurobankers are beating the Fed at their own game Telegraph / Liam Halligan

When You're Tied Up in a Down Market Washington Post / Nancy Trejos

Roses Among the Wallflowers Marketwatch via NY Times / Mark Hulbert

Iraq invites oil investment but the majors stay away Guardian – Observer / Tim Webb

As Tobacco Loses Currency, a New Cash Crop Blooms Washington Post / Thomas Heath

McCain Tells Republican Donors Obama's Word `Cannot Be Trusted' Bloomberg / Edwin Chen

Obama Knows Firsthand About Consumer Debt Washington Post / Michelle Singletary

A New Political Geography Washington Post / Alec MacGillis

Market Data, Far From the Market NY Times / Tim Arango

ECB set to raise rates despite fears of fallout in eurozone Guardian – Observer / Heather Stewart


Stock Bounce Will Not Be Big Forbes / Jocelynn Drake and Todd Salamone

Was Friday the bottom? Marketwatch / Mark Hulbert

The Picture of a Credit Crunch Northern Trust via Safehaven / Paul Kasriel

We Have Inflation not Deflation via Safehaven / David Petch

Why energy prices are hurting the U.S. so badly Marketwatch / Irwin Kellner

Global profit warnings could be next shoe to drop Reuters / Kristina Cooke

Beating the bear Marketwatch / Bill Donoghue

Lehman, Oil And Autos--Oh My Forbes / Steve Schaefer

Stocks: Mixed day, brutal June CNN / Alexandra Twin

S&P 500 Q2 Profits Fell Sharply On Banks Investors Business Daily / Ed Carson

Rotting At The Core Forbes / Andy Greenberg

Occupying the centre The Economist

Reports show U.S. growth weak if not in recession Reuters / Ros Krasny

Poll: 9 in 10 hit hard by gas prices AP via Baltimore Sun / Alan Fram

Corn up 66 percent for 2008, oil up 46 percent AP via Houston Chronicle / Madlen Read

Bonds little changed, second-guessing stocks Reuters / Ros Krasny

UBS Account Records Sought by U.S. in Tax Inquiry Bloomberg / Robert Schmidt and Ryan J. Donmoyer

Planet organic The Economist

Oil creating ‘overnight millionaires’ in N.D. AP via MSNBC

Dear President Obama Pimco / Bill Gross

For Stocks, Little Traction / Mark Glassman

Stubborn mortgage rates defy conventional wisdom MCT News via Lansing State Journal / Susan Chandler

FL: Don't be fooled by lack of bankruptcies Miami Herald / Scott L. Baena

Muni Bond Sales May Beat '07 Record on Revived Issues Bloomberg / Jeremy R. Cooke

NY: With economy slow, trimming some personal indulgences Newsday / Keiko Morris

Variable Annuities Spell Fuzzy Math to Some / Janet Paskin

High Transport Costs to ‘Un-Flatten’ the World Morgan Stanley / Stephen Jen and Luca Bindelli

Canada's economy rebounds Globe and Mail / Virginia Galt

U.S. Stocks Decline on Record Oil Price; UAL, GM Shares Retreat Bloomberg / Michael Patterson

Monday’s Analysis / Marty Chenard

Bonds add losses slightly after Chicago PMI Reuters

Chicago Purchasing Managers' Index Increased in June Bloomberg / Timothy R. Homan

Midwest business less weak than feared in June Reuters

Inflation Menace Has Echoes of Volcker's Days Bloomberg / Kevin Hassett

Federal Reserve Events Reuters

Volatility Drops Most Since 2001 as Dollar Fall Slows Bloomberg / Stanley White

No End In Sight To Commodity Inflation Forbes / Oxford Analytica

Oil prices pass $143 a barrel; US gas hits high AP via Chicago Tribune / Pablo Gorondi

Second Helping For Bank Shorts Forbes / Robert Lenzner

Euro inflation at 4 percent; highest in 16 years AP via Houston chronicle / Aoife White

BIS: Global economy could face deeper downturn AP via Houston Chronicle / George Frey

Treasury Bear Market to Worsen Under Bernanke's Fed Bloomberg / Daniel Kruger

Treasuries Climb After BIS Warning, Trimming Quarterly Loss Bloomberg / Wes Goodman

Moody's upgrades Japan's debt rating Marketwatch

The factors holding down U.S. economy McClatchy via Sacramento Bee / Kevin G. Hall

Congress's spending goes unchecked, with more likely Christian Science Monitor / Gail Russell Chaddock

Stock, Bond Slumps Signal Worse Than '94 as Inflation Says '74 Bloomberg / Michael Patterson

Falling Prices Grip Major Stock Markets Around the World IHT via NY Times / Carter Dougherty

Del Monte sells StarKist to South Korea's Dongwon for $363 million Thomson via Forbes

Hoarding Nations Drive Food Costs Ever Higher NY Times / Keith Bradsher and Andrew Martin

GA: Slow and steady wins the economic growth, job race Augusta Chronicle / Mark A. Thompson

Former President Bush energy adviser says oil is running out London Times / Robin Pagnamenta

Commodities Signal Bubble Bursting as First-Half Ends Bloomberg / Millie Munshi and Claudia Carpenter

Forget the credit crunch, oil is the key to world recovery London Times / Anatole Kaletsky

What's Colorless and Tasteless And Smells Like . . . Money? Washington Post / Shankar Vedantam

Aluminium costs set to soar as energy bills keep rising London Times / David Robertson

Oil nears $142 on weak dollar, Israel-Iran tensions Reuters / Fayen Wong

Avoid Dollar `At All Costs,' Investor Rogers Says Bloomberg / Zhang Shidong

Australian Dollar Rises to 25-Year High as Commodities Advance Bloomberg / Ron Harui

Yen Climbs After Moody's Raises Japan's Local-Currency Rating Bloomberg / Stanley White and Kosuke Goto

UK: Families’ cash fears worst for 26 years London Times / Gary Duncan and Judith Heywood

UK: Companies hold the key as UK recession looms Telegraph / Roger Bootle

Trichet Sides With ECB's Inflation Hawks, Risking Weaker Growth Bloomberg / Simon Kennedy