Bondhead News Archive

July 01 – July 15

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Condo demand in Houston, nationwide is lagging Houston Chronicle / Nancy Sarnoff

Faber and Greenspan: Shills for Fed Snake Oil via Safehaven / Marc Faber

Oil rises above $70 as US crude inventories drop AP via Houston Chronicle / Chris Kahn

The Jobless Decade Forbes / Joshua Zumbrun

Jobs data signals hurdles amid factory glimmer Reuters / John Parry

Toyota, Honda’s Drop in U.S. Car Sales Outpaces Market Decline Bloomberg / Alan Ohnsman and Craig Trudell

Sunshine In Detroit? Forbes / Tom Van Riper

U.S. June auto sales tumble, Ford takes share Reuters / David Bailey

Scooping Poop to Mozart Augurs Trough in Housing Bloomberg / Caroline Baum

U.S. Stocks Rise Following S&P 500’s Best Quarter Since 1998 Bloomberg / Lynn Thomasson

Obama sends his consumer protection plan to Congress McClatchy via Sacramento Bee / Kevin G. Hill

California government declares fiscal emergency over budget Reuters / Jim Christie

Which countries are better governed than a decade ago, and which worse The Economist

"Bon" or "Non" Appétit? Pimco / Bill Gross

Banks Sustain Prices for Home Debt That Hobbled Them Bloomberg / Jody Shenn

Corporate Bonds Show Lehman Doesn’t Matter With 9.2% Return Bloomberg / Bryan Keogh and Cristina Alesci

Gross Prefers Bonds, Dividend-Paying Stocks in ‘New Normal’ Bloomberg / Bryan Keogh

Emerging Bonds May End Best Rally Since 2002 as Yields Plunge Bloomberg / Laura Cochrane

Below the Line: Estimates of Negative Equity among Nonprime Mortgage Borrowers Federal Reserve Bank of New York

Capitalism and the Process of Renewal pdf Federal Reserve Bank of Kansas City / Thomas M. Hoenig

Next Stop On This Bus Is 1,050 Forbes / Martin T. Sosnoff

U.S. Stocks Rise Following S&P 500’s Best Quarter Since 1998 Bloomberg / Lynn Thomasson

General Mills profit tops view; 2010 outlook strong Reuters / Aarthi Sivaraman

Wednesday’s Analysis / Marty Chenard

U.S. pending home sales rise 0.1 percent in May Reuters

U.S. mortgage applications fall to 7-month low Reuters / Julie Haviv

There's No News Like Bad News Forbes / Thomas F. Cooley

Manufacturing in U.S. Shrank at Slower Pace in June Bloomberg / Courtney Schlisserman

States Face Severe Fiscal Crunch Forbes / Oxford Analytica

Yellen says Fed should not rush to reverse policy Reuters / Ros Krasny

How market-cap-to-revenue makes a difference Marketwatch / Sean O'Hara and Vincent Lowry

Treasuries Are Little Changed Before Fed Purchases Notes Today Bloomberg / Wes Goodman

Potential fireworks in exchange-traded funds Marketwatch / Jim Lowell

Paramount said to be in talks with Sony and Fox LA Times / Dawn C. Chmielewski and Joe Flint

A hard lesson learned on the trading floor Marketwatch / Todd Harrison

Banks Balk at Agency Meant to Aid Consumers NY Times / Edmund L. Andrews

New Orleans: Fastest growing city CNN / Les Christie

Coming soon to the UK: the double dip Independent / David Prosser

Insured, but Driven Bankrupt by Health Crises NY Times / Reed Abelson

Asian Stocks Fall as Tankan, Commodities Stoke Recovery Concern Bloomberg / Patrick Rial and Shani Raja

Yen Falls as China Manufacturing Rises, Damping Safety Demand Bloomberg / Yoshiaki Nohara and Ron Harui

China Manufacturing Expands a Fourth Month, PMI Shows Bloomberg

Japan’s Tankan Confidence Rebounds Less Than Expected Bloomberg / Jason Clenfield

Australia’s Retail Sales Climb More-Than-Expected 1% Bloomberg / Victoria Batchelor

British Economy Suffers Worst Drop in 50 Years NY Times / David Jolly


Oil's record high, one year later CNN / Catherine Clifford

Caveat creditor The Economist

In the Future When Interest Rates Will Soar, Consumers will be Sore Too via Safehaven / David Petch

Banks trim borrowing from Fed's emergency program AP via San Francisco Chronicle / Jeannine Aversa

S&P’s Speculative-Grade Default Rate Reaches High for the Year Bloomberg / Richard Bravo

Treasuries Rise as U.S. Loses More Jobs Than Forecast in June Bloomberg / Susanne Walker and Dakin Campbell

Spring U.S. housing market hints at awaited recovery Reuters / Julie Haviv

Manhattan Apartment Prices Drop as Lehman Hits Home Bloomberg / Oshrat Carmiel

Taking a weed whacker to green shoots CNN / Paul R. La Monica

Money train: The cost of high-speed rail CNN / Aaron Smith

Dollar gains as higher-than-seen U.S. job losses feed flight to safety Marketwatch / Deborah Levine

Riskier bonds stand up to stocks Marketwatch / Rachel Koning Beals

The unemployment rate in America reaches 9.5%, the highest in 26 years The Economist

Personal Savings Rate = Voodoo Economics NY Post / John Crudele

Oil touches one-month low on disappointing jobs report Marketwatch / Moming Zhou & Polya Lesova

Whatever happened to the food crisis? The Economist

Treasury to Conduct Four Debt Auctions For First Time Next Week Bloomberg / Sapna Maheshwari and Susanne Walker

Stocks slump on economic woes CNN / Alexandra Twin

Midway Games: Sale of video-game maker to Warner Bros. OKd Chicago Tribune / Wailin Wong

Staying on board The Economist

Kennedy Proposes Government Health Plan, Employer Fee Bloomberg / Catherine Dodge

State Farm hikes Illinois rates 13% Chicago Tribune / Becky Yeark

U.S. Stocks, Commodities Decline as Job Losses Top Estimates Bloomberg / Lynn Thomasson

Thursday’s Analysis / Marty Chenard

The Job Market's Grim Picture Forbes / Joshua Zumbrun

U.S. job losses spike in June, dampen recovery hopes Reuters / David Lawler

Payrolls Fall More Than Forecast, Unemployment Rises Bloomberg / Shobhana Chandra

U.S. May Factory Orders Rise Most Since June 2008 Bloomberg / Courtney Schlisserman

U.S. Mortgage Rates Drop to 5.32%, Freddie Mac Says Bloomberg / Brian Louis

Shotgun Marriages Raise Risk of New Bank Blowups Bloomberg / Mark Gilbert

Hedge Funds Get to Feel Like ‘Smart Guys’ Again Bloomberg / David Reilly

ECB holds rate at record-low 1% CNN

Japan, Australia Stock Futures Rise on U.S. Production, Metals Bloomberg / Masaki Kondo


Treasuries Rise as Further Job Losses Point to Deep Recession Bloomberg / Susanne Walker and Dakin Campbell

Financial Stress: What Is It, How Can It Be Measured, and Why Does It Matter? pdf Federal Reserve Bank of Kansas City / Craig S. Hakkio and William R. Keeton

Job losses stoke fears NY Times / Peter S. Goodman

GM Bondholders Try To Block Firm's Sale Washington Post / Tomoeh Murakami Tse

Will California’s budget crisis whack your munis? CNN / Joe Light

Treasury’s Distressed Debt Plan Said to Begin With $20 Billion Bloomberg / Christopher Condon

Don't Mistake the Economy's Sparklers for Fireworks Washington Post / Steven Pearlstein

Wages shrink as jobs dwindle AP via Tennessean / Jeannine Aversa

Analysts gloomy on back-to-school sales Chicago Tribune / Sandra M. Jones

The pain of balancing budgets is felt in California and many other states The Economist

MI: State is expected to lose 310,700 jobs this year Detroit Free Press / Katherine Yung

Major nations should back dollar as key currency: Japan Reuters / Yoko Nishikawa

NYSE and Nasdaq Think Small Forbes / Alexandra Zendrian

Most Stocks Fall; MSCI World Extends Third Straight Weekly Drop Bloomberg / Adria Cimino

U.S. Stocks Retreat for Third Week in Longest Slump Since March Bloomberg / Rita Nazareth

Seven U.S. Banks Seized in Busiest Year for Closures Since 1992 Bloomberg / Ari Levy and Flynn McRoberts

America provides around half of the foreign forces in Afghanistan The Economist




In slumping economy, many are choosing five-finger discounts Orlando Sentinel / Sandra Pedicini

California woes could prolong the recession AP via Denver Post / Juliet Williams

Economists point to rising debt as next crisis AP via MSNBC / Yanina Manolova

CA: Another wave of foreclosures is poised to strike La Times / Don Lee

An Alaskan mystery The Economist

Dollar Rises Versus Euro on Signs Economic Rebound Is Faltering Bloomberg / Lukanyo Mnyanda

Home Sweet Hedge in a Falling Market NY Post / Paul Tharp

For Choice Hotels, Recession Brings a Chance at Decisive Gains Washington Post / Thomas Heath

Glut of oil could push gasoline prices back down below $2 a gallon Bloomberg via LA Times / Frank Polich

Troubled markets get religion Denver Post / Al Lewis

Downturn dating: Hearts flutter as markets stutter AP via Seattle Times / Ashley M. Heher

India Joins Russia, China in Questioning U.S. Dollar Dominance Bloomberg / Mark Deen and Isabelle Mas

For Banks, Wads of Cash and Loads of Trouble NY Times / Eric Lipton and Andrew Martin


A generation will bear scars of this recession San Diego Union Tribune / Peter Rowe

California budget cuts pound Sacramento-area economy Sacramento Bee / Dale Kasler and Darrell Smith

Obama plan could trim back financial powerhouses AP via Charlotte Observer / Jim Kuhnhenn

China reassures on dollar debate before G8 Reuters / Silvia Aloisi and Anna Willard

WTO backs trade in poorer nations BBC News

Junk? It's like getting money in the mail Allentown Morning Call

TIPS can provide inflation protection Pittsburgh Post Gazette / Len Boselovic

Service Industries Probably Contracted: U.S. Economy Preview Bloomberg / Bob Willis

Bankruptcies low in states that don't seize wages AP via Seattle Post Intelligencer / Mike Barker

CA: Vacancies give renters room to negotiate LA Times / Ken Hively

CA: Complaints erupt about lowball home valuations LA Times / Kenneth R. Harney

So Many Foreclosures, So Little Logic NY Times / Gretchen Morgenson

In changing real estate market, bank on these four constants Chicago Tribune / Ilyce Glink

Biden: We 'Misread the Economy' ABC News

Biden Says Obama Administration ‘Misread’ Economy Bloomberg / Ryan J. Donmoyer

Target date funds can simplify an investor's life, but they may not hit your bull's eye St. Louis Post Dispatch / David Nicklaus

Brokered CDs have their drawbacks Orlando Sentinel / Richard Burnett

A U-Turn on Market Risk US News and World Report via NY Times / Paul J. Lim

Will bear make a summer retreat? Pittsburgh Post Gazette / Lauren Rudd

Chase The Market Rally, Cautiously NY Post / John Crudele

Investors' focus shifts to 2Q earnings reports AP via The State / Sara Lepro

California's Broke. Should You Invest in It? Washington Post / Jane Bryant Quinn

CO: Out-of-state companies likely big jackpot winners Denver Post / Andy Vuong and Aldo Svaldi

Kuwait Wants Oil Prices to Stay Above $60 a Barrel Bloomberg / Fiona MacDonald

Crude Speculation NY Post / Richard Wilner

We Rent Movies, So Why Not Textbooks? NY Times / Miguel Helft

UK: Have we never had it so bad since the age of Macmillan? Guardian – Observer / William Keegan


As California struggles, Fitch cuts debt rating Reuters / Jim Christie

Higher minimum wage coming soon CNN / Aaron Smith

Recession can't stop entrepreneurial spirit Miami Herald / Scott Andron

California’s Nightmare Will Kill Obamanomics Bloomberg / Kevin Hassett

NC: Local sellers taking less for their homes Charlotte Observer / Andrew Dunn

U.S. Markets Wrap: Equities Rebound on Credit-Market Outlook Bloomberg / Rita Nazareth

Banks get stingy on credit; new cards down 38% USA Today / Kathy Chu

The world's rich are suffering too The Economist

Gasoline price may have peaked for the summer Houston Chronicle / Brett Clanton

Two-Year Treasuries Rise as Stocks Fall, Fed Buys U.S. Debt Bloomberg / Dakin Campbell and Matthew Brown

Municipal Bond Sales to Rise as Iowa, Sacramento Set to Borrow Bloomberg / William Selway

U.S. service sector activity strongest since Sept Reuters / John Parry

American Airlines reports 8.1% drop in June traffic Dallas Morning News / Terry Maxon

U.S. Stocks Drop, Extending Global Slide, as Commodities Slump Bloomberg / Rita Nazareth

Facebook revenue to be "billions" in 5 years: board member Reuters / David Lawley

Currency Funds Crushed on Dearth of Market Trends Bloomberg / Ye Xie and Liz Capo McCormick

Will Bernanke keep his job? CNN / Jennifer Liberto

Bernanke's $1 trillion hangover Fortune via CNN / Jia Lynn Yang

Short-term Treasurys higher ahead of buyback, auction Marketwatch / Deborah Levine

Home foreclosures expected to surge in coming months Chicago Tribune / Don Lee

Monday’s Analysis / Marty Chenard

GM must show it can navigate choppy seas Detroit Free Press / Tom Walsh

Analyst downgrades Citrix Systems AP via Miami Herald

Target-date funds were roundly criticized after crash -- how are they doing now? Marketwatch / Andrea Coombes

Ten sneaky bank fees that sting unsuspecting consumers Marketwatch / Jennifer Waters

Obama arrives in Russia, confident of progress Reuters / Matt Spetalnick and Oleg Shchedrov

World Bank tells G8: 2009 remains dangerous year Reuters / Laura MacInnis

The Risk of Junk Upends Leverage NY Times / Dwight Cass

Jim Rogers Sells Dollars, Plans to Short Treasuries Bloomberg / Bob Chen

Treasury’s Summer Rally Not This Year Due to Supply Bloomberg / Daniel Kruger

Doc Offers Cure for GOP Lew Rockwell / Eric Margolis

Asian Stocks Decline as Commodity Prices, Shipping Rates Drop Bloomberg / Jonathan Burgos and Patrick Rial

Oil falls below $65 on economic gloom Reuters via Guardian

Volatile Swings in Price of Oil Stir Fears on Recovery NY Times / Jad Mouawad

China launches trial yuan trade settlement scheme Reuters / Lu Jianxin and Jacqueline Wong

Yen Advances Against Euro on Concern Credit Losses Increasing Bloomberg / Ron Harui and Yasuhiko Seki

Japan’s Worst Postwar Recession Is Moderating, Index Shows Bloomberg / Keiko Ujikane

Earnings Drop Worldwide as Job Losses Hurt Consumers Bloomberg / Jack Kaskey and Melita Marie Garza

New squeeze on credit cards Washington Times / John P. Krudy



State Budget Gaps and Investment Implications QVM via Safehaven / Richard Shaw

This Roller-Coaster Recession Forbes / Alexandra Zendrian

U.S. mortgage fraud "rampant" and growing: FBI Reuters

Not The Bair Minimum NY Post / Josh Kosman

Recession fears slam stocks CNN / Alexandra Twin

GM's uphill climb out of bankruptcy CNN / Chris Isidore

Here’s a new stimulus plan for the White House NY Post / John Crudele

Hints of second US stimulus plan BBC News

Depleting stockpiles The Economist

Summer job market's ice-cold for Sacramento-area teens Sacramento Bee / Cynthia Hubert and Jillian Keenan

McCulley Says a New Stimulus Plan Must Show Restraint Bloomberg / Thomas R. Keene and Susanne Walker

Tuesday’s Analysis / Marty Chenard

Systemic Risk Regulation and the "Too Big to Fail" Problem pdf Federal Reserve Bank of Richmond / Borys Grochulski

States Straining To Repair Budgets Washington Post / Peter Slevin

Economic recovery faces serious hurdles Marketwatch / Irwin Kellner

Ford Bonds Show Automaker’s Ratings May Increase Bloomberg / Bryan Keogh

Treasuries Fall as U.S. Prepares $35 Billion Three-Year Auction Bloomberg / Wes Goodman

Goldman Says Morgan Is All Wrong About Fed’s Quantitative Exit Bloomberg / Scott Lanman and Steve Matthews

On Health Care, Obama Battles History and Human Nature Washington Post / Geoff Colvin

Most Asian Stocks Fall on Lower Commodity Prices; Samsung Gains Bloomberg / Jonathan Burgos

Like Roaches, Wall St. Survives NY Times / Rob Cox and Antony Currie

Debt Burden Quickens Power Shift as G-8 Nations Lose Influence Bloomberg / James G. Neuger

Yen holds gains as optimism on global economy recedes Reuters via Guardian / Kaori Kaneko

France, Unlike U.S., Is Deep Into Stimulus Projects NY Times / Nelson D. Schwartz

Australia May Keep Key Rate at 3% for Third Month Bloomberg / Jacob Greber

China’s GDP May Have Climbed 7.5%, Central Bank’s Zhang Says Bloomberg


Oil pauses above $60 amid weak US gasoline demand AP via Seattle Post Intelligencer / Alex Kennedy

What money doesn't buy: Luxury home market stalls AP via Journal News / Adrian Sainz

Poll: Would-be homebuyers cautious as layoffs rise AP via Seattle Post Intelligencer / Alan Zibel

Consumers trimmed borrowing in May AP via Houston Chronicle / Jeannine Aversa

Long-awaited correction confronts Wall Street Reuters / Ellis Mnyandu

Banks' 'courtesy' loans at soaring rates irk consumers USA Today / Kathy Chu

Living With A 4% Return Forbes / Liz Davidson

Lewis: In a recession, truth is stranger than fiction Denver Post / Al Lewis

Walgreen raises dividend Chicago Tribune / Sandra M. Jones

CO: DIA traffic down for fifth month Denver Post / Ann Schrader

U.S. Stocks Erase Gains as Technology, Financial Shares Slump Bloomberg / Michael P. Regan

Clash of the titans The Economist

Wednesday’s Analysis / Marty Chenard

Apartment Vacancies in U.S. Reach 22-Year High, Reis Reports Bloomberg / Hui-yong Yu

U.S. MBA Mortgage Applications Index Rose 11 Percent Last Week Bloomberg / Shobhana Chandra

FL: Your home's true worth: Who can tell these days? Orlando Sentinel / Mary Shanklin

Gold hits two-month low as crude tumbles Marketwatch / Moming Zhou

Oil Falls for 6th Day on Bigger-Than-Forecast Fuel-Supply Gain Bloomberg / Mark Shenk

Who’s the next stimulus watchdog? You are! CNN / Carla Fried

When Democrats Turn On Themselves Forbes / Dan Gerstein

Democrats Split on Stimulus as Job Losses Mount, Deficit Soars Bloomberg / Matthew Benjamin

The Jobless Recovery Forbes / Oxford Analytica

World starting to pull out of deep recession: IMF Reuters / Lesley Wroughton and Emily Kaiser

The ashes The Economist

Credit Expansion, Crisis, and the Myth of the Saving Glut Bloomberg / George Reisman

Treasuries Rise as Asian Stocks Fall, Fueling Demand for Safety Bloomberg / Wes Goodman

Burst of housing bubble has many families wondering how to keep up Pittsburgh Post Gazette / Tim Grant

Obama Faces Discord in Debut as Global Climate-Change Leader Bloomberg / Kim Chipman

Breaking the market's neck Marketwatch / Mark Hulbert

Asian Stocks Fall for Sixth Day on Growth Concern; Honda Drops Bloomberg / Patrick Rial and Kotaro Tsunetomi

Sarah Palin is smarter than the media think Marketwatch / Jon Friedman

Oil falls for sixth day towards $62 on U.S. inventory builds Reuters via Guardian / Maryelle Demongeot

Yuan Deposes Dollar on China’s Border in Sign of Trade’s Future Bloomberg

Yen Advances to Six-Week High Against Euro on Recession Concern Bloomberg / Yasuhiko Seki and Ron Harui

UK: Factory output fall dashes recovery hopes London Times / Gráinne Gilmore

Bank of Japan Considers Extending Credit Policies Bloomberg / Masahiro Hidaka and Mayumi Otsuma

Japan Machine Orders Unexpectedly Fall, Current Account Narrows Bloomberg / Jason Clenfield and Keiko Ujikane

Australia Consumer Sentiment Rises to 19-Month High, Loans Gain Bloomberg / Jacob Greber and Joanna Cooney

China May Keep Interest Rates Low to Cement Recovery Bloomberg


Ron Paul Stands Up to Goliath via Lew Rockwell / Andy Hoffman

California grants early release of parole violators LA Times / Michael Rothfeld

Federal Reserve independence Federal Reserve Board / Donald L. Kohn

Federal Reserve's Initiatives to Support Minority-Owned Institutions Federal Reserve Board / Elizabeth A. Duke

Commercial real estate Federal Reserve Board / Jon D. Greenlee

Bernanke to hold town-hall meeting on PBS Tennessean

Fed’s Bullard Says He Doesn’t See Recovery Faltering Bloomberg / Steve Matthews and Kathleen Hays

Recession forces more older workers to put off retiring Kansas City Star / Diane Stafford

Big banks to stop cashing California IOUs CNN / Tami Luhby

The passing of Palin The Economist

Productivity Swings and Housing Prices Federal Reserve Bank of New York

Influence is all in the bag for Goldman Sachs NY Post / John Crudele

Private equity faces a more hostile world The Economist

Although Microsoft still dominates the internet browser market, its strength is waning The Economist

Earnings Season Start Offers Little Direction / Miriam Gottfried

J.C. Penney store sales fall 8.2% Dallas Morning News / Maria Halkias

California v Texas: America's future The Economist

Bloated deficits endanger dollar's global status Washington Times / Patrice Hill

Yuan small step The Economist

Treasuries Decline as U.S. Readies $11 Billon 30-Year Auction Bloomberg / Susanne Walker and Matthew Brown

U.S. Mortgage Rates Drop to 5.2%, Freddie Mac Says Bloomberg / Brian Louis

Commercial Real Estate Is a ‘Time Bomb,’ Maloney Says Bloomberg / Dawn Kopecki

Jobless claims drop steeply, skewed by autos Reuters

Weak retail sales in June raise worries AP via Seattle Times / Anne D’Innocenzio

Oil Falls Below $60 as Demand Declines, Fuel Supplies Climb Bloomberg / Mark Shenk

Thursday’s Analysis / Marty Chenard

U.S. Stocks Fluctuate as Bank Rally Tempers Economy Concern Bloomberg / Elizabeth Stanton

Plunging revenue causes new problems / Stephen C. Fehr

Goldman Sachs Loses Grip on Its Doomsday Machine Bloomberg / Jonathan Weil

Cash Flow: a Better Way to Know Your Bank? / Sarah Johnson

Americans cutback to pay for summer fun, poll says AP via Detroit News / Dave Carpenter

Treasuries Fall Before U.S. Sells $11 Billion of 30-Year Bonds Bloomberg / Wes Goodman

U.S. Treasury Opens Distressed-Debt Program Without Pimco Bloomberg / Sree Vidya Bhaktavatsalam

Bears gaining upper paw -- time to hide? Marketwatch / Peter Brimelow

Asian Consumer Stocks Decline; Mining Shares Advance on Alcoa Bloomberg / Jonathan Burgos

Yen Falls From Four-Month High on Importer Sales, Chart Signals  Ron Harui and Yasuhiko Seki

G-8 Says Recovery Is Too Weak to Withdraw Stimulus Bloomberg / Helene Fouquet and James G. Neuger

Bank of Korea Keeps Rate at 2% Amid Signs of Recovery Bloomberg / Seyoon Kim



FL: Orlando-area home sales prices edge up in June, but off 39% from year ago Orlando Sentinel / Mary Shanklin

Economists Raise U.S. Outlook as Recession Fades Bloomberg / Shobhana Chandra and Alex Tanzi

Recourse and Residential Mortgage Default: Theory and Evidence from U.S. States Federal Reserve Bank of Richmond / Andra C. Ghent & Marianna Kudlyak

Economy to turn the corner in 2010 Federal Reserve Bank of Chicago / William A. Strauss and Emily A. Engel

Treasuries Rise, Post Fifth Weekly Gain, on Demand for Safety Bloomberg / Susanne Walker

Rising Tide to Choppy Waters Pimco / Mark Kiesel

Credit – New Issues and Elevators: A Closer Look at European Credit Supply Pimco / Luke Spajic

The Dog that Didn't Bark – and the One that Did Pimco / Richard Clarida

The Crisis Is Morphing Again Pimco / Mohamed El-Erian

Economists Raise U.S. Outlook as Recession Fades Bloomberg / Shobhana Chandra and Alex Tanzi

MN: Twin Cities homes sales in June rose 33% Minneapolis Star Tribune / Steve Alexander

Goldman Sachs profit bonanza could stoke anger Reuters / Steve Eder

Oil tumbles below $60 level but then rallies AP via Denver Post / Ronald D. White

As General Motors emerges from bankruptcy the worst may be over for carmakers Economist

Obama mulls bailout funds for small business Reuters

California's exports fall, study shows Sacramento Bee / Mark Glover

World leaders aspire to limit climate change, but they offer few details of how to do so Economist

U.S. Stocks Fall, S&P 500 Heads for Fourth Straight Weekly Loss Bloomberg / Elizabeth Stanton

Friday’s Analysis / Marty Chenard

Trade Deficit in U.S. Narrowed in May as Exports Rose Bloomberg / Bob Willis

U.S. consumers' mood sours in early July Reuters / John Parry

Dollar gains against most major rivals Marketwatch / William L. Watts & Polya Lesova

Oil dips below $59 as earnings season opens AP via Seattle :Post Intelligencer / Ernest Scheyder

Headed to National Socialism Lew Rockwell / Llewellyn H. Rockwell, Jr.

Two Authorities on Fed Advise Congress Against Expanding Its Power NY Times / Edmund L. Andrews

US Treasury sold warrants below market value-panel Reuters via Guardian / David Lawler

Fewer New Households Formed in Recession Washington Post / Annys Shin

Layoffs slow, but jobs scarce AP via Pittsburgh Tribune Review

New York Times Considers $5 Monthly Web-Access Fee Bloomberg / Greg Bensinger

The Chartist now charts a downward path Marketwatch / Mark Hulbert

Euro Weakens on Concern Europe’s Financial Crisis May Deepen Bloomberg / Ron Harui and Yasuhiko Seki

Japan’s Producer Prices Fell a Record 6.6% in June Bloomberg / Mayumi Otsuma

Bank of Korea Upgrades GDP Forecasts as Recovery Gathers Pace Bloomberg / Seyoon Kim

G-8’s Economic Dominance Faces Challenge From China, India Bloomberg / James G. Neuger

Treasuries Rise, Head for Weekly Gain, as Investors Seek Safety Bloomberg / Wes Goodman

Pimco Says Avoiding Japanese Bonds Is a ‘Huge Risk’ Bloomberg / Theresa Barraclough and Nobuyuki Akama

Crude oil supply far outstrips motorist demand, analysts say LA Times / Ronald D. White

Oil Heads for Biggest Weekly Drop Since January as Dollar Gains Bloomberg / Yee Kai Pin and Ben Sharples

Most Asian Stocks Fall on Economic Concern; BHP Billiton Rises Bloomberg / Jonathan Burgos


Hired! Turning a demotion into a promotion CNN / Jessica Dickler

Wells Fargo so big its suing itself Denver Post / Al Lewis

Treasuries Rise for Week as Growth Outlook Spurs Safety Trade Bloomberg / Susanne Walker

Obama Says Economic Stimulus Plan Worked as Intended Bloomberg / Edwin Chen

Geithner: Too soon to decide on more stimulus Reuters

Stimulus will kick in this year – Obama Reuters via CNN



Offshore Tax Evaders Deserve No Sympathy / James B. Stewart

As bank fees rise, consumers shop for checking accounts Newsday / Patricia Kitchen

NY: Forbes lists LI communities with troubled home sales Newsday / Ellen Yan and Gary Dymski

Feds Just Getting Started Probing Derivative Markets Forbes / Robert Lenzner

What If? Pimco / Paul McCulley

Fed's Hoenig says U.S. recovery to be very slow Reuters / Alister Bull

U.S. companies shy about outlook, sowing doubts Reuters / Nick Carey

Still giving generously Economist



Recovery? No. It's survival of the fittest CNN / Paul R. La Monica

Americans turn to bonds to stash growing savings Marketwatch / Deborah Levine

Mich. jobless rate hits 15.2% Detroit Free Press / John Gallagher

Foreclosures rise 15 percent in first half of 2009 AP via Seattle Post Intelligencer / Alan Zibel

IBM reporting earnings tomorrow Poughkeepsie Journal / Craig Wolf

Bing continues to climb. What’s Microsoft’s target? (Hint: It’s not Google.) Christian Science Monitor / Matthew Shaer

Dow Gains 257 Points in Broad Market Rally / Miriam Gottfried

Bad for the Goose, Worse for the Gander Euro Pacific via Safehaven / John Browne

The Carbon Cap: The Newest Form of Taxation Casey Research via Safehaven / Doug Hornig

Google faced rougher landscape in second quarter Reuters / Alexei Oreskovic

Credit-Swap Market Probe Includes Clearing, U.S. Says Bloomberg / Matthew Leising and Justin Blum

SC: Office occupancy drops downtown The State / Kristy Eppley Rupon

South Florida workers adjust to life after pay cuts Miami Herald / Cindy Krischer Goodman

FL: Number of millionaires in South Florida rises Miami Herald / Niala Boodhoo

Minutes of the Federal Open Market Committee Federal Reserve Board

Blinder Says Fed May Raise Rates in First Half of Next Year Bloomberg / Steve Matthews and Kathleen Hays

Fed Saw Economy as ‘Vulnerable’ at June FOMC Meeting Bloomberg / Scott Lanman and Vivien Lou Chen

U.S. jobless rate will top 10%: Fed AP via Globe and Mail / Jeannine Aversa

U.S. Markets Wrap: Stocks Rally, Treasuries Fall on Economy Bloomberg / Whitney Kisling

Microsoft will open retail stores this fall, next door to Apple Seattle Times / Sharon Pian Chan

Oil pops toward $62 Reuters via CNN

Which cities charge most for parking? Economist

Treasurys decline as equities head north Marketwatch / Deborah Levine

Moody's drops California's credit grade below A, may cut more LA Times / Tom Petruno

ASF Project RESTART Proposes Risk Retention & Issues Final RMBS Disclosure and Reporting Packages SIFMA

CA: Sacramento-area rents fall for third straight quarter Sacramento Bee / Jim Wasserman

Southern California median home sale price surges in June LA Times / Peter Y. Hong

Paulson says told BofA's Lewis Fed could oust him Reuters

Aid for Auto Dealers Gains Traction on Hill Washington Post / Peter Whoriskey

An Inflation Vacation Forbes / Joshua Zumbrun

No. 1 on back-to-school shopping lists this year: bargains LA Times / Andrea Chang

All That Glitters May Not Be Goldman Chris Ciovacco Capital Management via Safehaven / Chris Ciovacco

Goldman defector draws attention to electronic trading firms Fortune via CNN / William D. Cohan

Oil price rises as US supply falls AP via Wichita Eagle / Chris Kahn

A plan to put an Amazon Kindle in every backpack Christian Science Monitor / Amy Farnsworth

Poor in Colorado may get free phones Denver Post / David Migoya

Mortgage applications rise as interest rates tumble Reuters / Julie Haviv

Kiss Jobs Goodbye With Minimum Wage Increase Bloomberg / Caroline Baum

Inflation Rises in June on Jump in Price of Gasoline Washington Post / Neil Irwin

U.S. Industrial Production Falls Less Than Forecast Bloomberg / Shobhana Chandra

Consumer credit crisis: No sign of decline CNN / Carla Fried

Investors Say ‘Tarnished’ Fed Shouldn’t Oversee Systemic Risk Bloomberg / Robert Schmidt

U.S. Stocks Rise as Intel Forecasts Better-Than-Estimated Sales Bloomberg / Whitney Kisling

Wednesday’s Analysis / Marty Chenard

Wagoner to get $8.2 million for his troubles Detroit Free Press / Justin Hyde

Tech stocks set to surge CNN

Tax the rich to pay for ... everything? CNN / Jeanne Sahadi

Barney Frank, Chris Dodd Do Banking Back Flip Bloomberg / David Reilly

Keeping up with the Goldmans Economist

Global Confidence Drops as Unemployment Surge Counters Stimulus Bloomberg / Shamim Adam