Friday December 31
A sobering emblem for Wall Street NYT (Norris)
Nearing a New Record Cross Currents
America's Boom Is It Sustainable? Fiendbear
Pension Agency to Take on United Funds AP
Social Security Underestimates Future Life Spans, Critics Say NYT
New Year's investment resolution Hulbert
Don't use market orders to buy hot stocks, especially thinly traded ones that trade over the counter.
The Condemned MotherJones
In Ohio, and across the country, homeowners are battling cities and developers conspiring to seize their property.
New York delisting threat to Hollinger Times Online
New Rules for Short Selling Take Effect Monday Schaeffers
Companies Try to Reduce Stock-Option Costs Boston Globe
Aloha airlines files for bankruptcy AP
Jail is a good thing for Martha Stewart CBSM
Court Trap For Grasso NYP
Ruling blocks Anna Nicole Smith from fortune AP
Shining The Light On Gold Elliott Wave
John Maynard Keynes Misses Out on China Rise Pesek
China joins confusion surrounding Yukos unit NYT
IBM Division Headed to China Has Made No Profit in 3 1/2 Years NYT
Housing loan rates tumble below 3% Asahi
December falls add to house price fears Guardian
U.K. Pension Gap Widens by 5 Billion Pounds, Deloitte Says Bloomberg
Investors warned over possible mis-selling FT
Debts pile up as dishonest clients rip off brokers Australian
Tweed vows not to sue so much Australian

Thursday December 30
Berkshire Gets SEC Inquiry on Income-Smoothing Insurance Policies BL
Chicago Purchasers' Index Fell to 61.2 in December BL
Initial Jobless Claims Fell 5,000 Last Week to 326,000 Bloomberg
Dollar Weakens on Speculation Demand for U.S. Assets Will Wane Bloomberg
Dollar Is Set for Longest Annual Losing Streak Since Louvre Accord of 1987 BL
A Christman card from James Grant Russell
Russell's take on the market, newsletters Brimelow
The Anxious Index Hussman
A lesser-known economic gauge is worth watching
Sorta Optimistically Pessimistic for 2005 Mogambo
Shades of the Dollar Standard Sennholz
The Fed’s Folly Rockwell
Hedge Funds May Falter and Lloyds May Be Sold Bloomberg
In search of a golden egg Economist
For most of the past two decades, investors have enjoyed double-digit annual returns. The next ten years look less easy
AARP fights Social Security plan CNN
Pentagon plans fatter cuts: NYT Reuters
US corp bond sales seen flat after strong year Reuters
Ex-HealthSouth exec indicted Reuters
SEC Probes J.P. Morgan's Role in Canary Trades Dow Jones
NASD imposes record fines in 2004 CBSM
Gold Prices May Rise 5% Next Year. . BL Mineweb Watch List
After a boom 2004, has the sheen come off commodities? FT
Oil Prices Fall, But Up 30 Pct in 2004 Reuters
AOL: Vioxx spam unseats porn Reuters
Tsunami Response Offers Asia Market Clues Pesek
Nikkei ends '04 up by 7.6% Reuters
Murphy's Law may well exact a toll in 2005 Business Times
China will shake West's strategy TT (Guardian)
When the West loses faith in a falling US dollar, as is widely expected, the house of cards might come falling down
Is China creating excess steel? Reuter (WSJ)
Industry worries prices will fall as the country's demand slows
Russia May Offer 20% of Yugansk to China National Petroleum in Swap BL
Monthly mortgage deals slump to four-year low Times Online
Individuals made 30% of trades in '04: brokers Japan Times
China's oil sands role tests U.S. Globe & Mail
Forget OPEC. The next cartel may export drinking water CS Monitor
SEC steps up probe into China Life FT
Deutsche: Yukos Has No Case Moscow Times
Further exchanges in the Parmalat affair Economist
Turkey to Shift to a One-in-a-Million Currency NYT
Telecom union declares `holy war' over pensions Taipei Times
Canada discovers suspected mad cow case USAT
Emerging Iraqi banks betting on reconstruction IHT (NYT)
Citigroup Managed Equity Funds for an Arafat-Linked Company BL

Wednesday December 29
Forecasters See Slower Growth in 2005 AP
Housing Heads for Record Year -- Nov Resales Exceed Forecasts BL Realtor
Fannie may sell $4B in preferred stock Reuters
Gold drops as much as $11 an ounce CBSM
$ Falls to Record Against Euro -- 3rd Straight Annual Drop BL
Speculation Japan Will Sell During Holiday Period BL
Euro Trash Slate
Even drug dealers are giving up on the dollar.
How to Save the Dollar Mises
Short Sellers Target Two Canadian Stocks on NYSE Dorfman
Broken promises: Courting disaster Rocky MN
Somebody's got to pay to save the U.S. pension system.
Needing Cash, Veterans Sign Over Pensions NYT
Junk Bond Credit Rating Cuts Increasing, Moody's Says Bloomberg
Mortgage Applications Fall in Latest Week Reuters
Mortgage loan payments might pile up the risks Det FP
Will a bunch of baby boomers be stuck making a monthly mortgage payment -- plus paying down a home equity loan -- well into their retirement years?  When you dig into the numbers, it doesn't look good.
Are we inside a bubble, looking out? Herald Tribune Calverley Amazon
Area home resales close record '04 Denver Post
Risky business: Real estate deals that went sour Chicago Sun Times
Charged today, tapped out tomorrow? CNN
The big tabs that holiday shoppers racked up on credit cards may haunt retailers in '05
Returning an item? U.S. consumers find out stores are keeping track NYT
High-tech tracking devices raise concerns on privacy Washington Times
Wall Street bonuses feed binges NYT
Commodities lure pension cash FT
US Airways Wants Staff To Work For Free Reuters
KPMG told Fannie Mae of ‘weaknesses' FT
BoA chairman gets $16.4M severance Reuters
Fight looms over Fannie Mae chief's package FT
Intel executive to sell up to $10 mln in stock Reuters
Wet Seal To Shutter 150 Stores, Cut 2000 Jobs NYP
Enron reaching for bankruptcy closure and former executives await trial CP
Amex Gold Miners Index Review Hook
Place your bets on gold's bright future Australian
A golden year for bullion is tipped to continue Times Online
Going for gold in 2005 AME
Bulls and bubbles are about to get hit hard
Barrick's Wilkins forecasts challenging year Mineweb
A Year for Asia to Remember -- and Forget Pesek
Official criticizes Yukos asset takeover R/B/AFP
Unit's sale called "swindle of year"
Oil Tycoon Slams Putin From Slammer NYP
Yukos promises Rosneft lawsuit Times Online
Deutsche Bank Seeks Yukos Dismissal AP
S&P Gives Yukos Default Grade Reuters
Record Debts in European Buyouts Spur `Credit Bubble' Concerns Bloomberg
Goldman Sachs Group Inc. and JPMorgan Chase & Co. are among banks financing buyouts that have left some European companies with debt levels that haven't been seen since the days of Michael Milken...
RBI restricts fund flow to curb speculative bubble Indian Express
Sleepy market could awaken Yomiuri
A rude ’05 awakening for Germans IHT
China's economy to grow slower in 2005 People’s Daily
China freezes airplane purchases Seattle PI
Chinese spies infiltrate high-tech sector Ottawa Citizen
DFM to begin online trading soon Gulf News
Turkmens Threaten to Cut Off Gas Moscow Times
Canada may stop over-the-border drug sales USAT
Disaster-hit countries face big rebuilding costs Globe & Mail
Quake's economic costs emerging BBC  Death toll tops 67,000 CNNe

Tuesday December 28
Consumer Confidence Index Jumps to 102.3, Reaching a 5-Month High BL
A damper on holiday cheer Hulbert
Dollar Stumbles to New Record Low Vs Euro AP
Beltway Bandits’ Storm: $615B Deficit Snow Job NYP (Crudele)
The Paper Standard Grant
A Word From A Dollar Bear Forbes
Warren Buffett's vote of no confidence in U.S. fiscal policies is up to $20 billion
Weak US dollar in 2005 will get worse before better Reuters
The Bear's Lair: Writing on the wall UPI
2005 and 2006 Forecast Pollock
Treasuries Lag Global Debt Market Bloomberg  Junk: Not Worth It Forbes
Washington Fiddling While Private Retirement Burns Bloomberg
Boomer Bust: Retiring workers face health cost quagmire Det FP
Troubled U.S. airlines face more cuts in 2005 NYT
PCs in '05: Tough Act to Follow TheStreet
Ex-Fannie Mae Chief to Get $114K a Month AP
Protecting Yourself From A Housing Slump Business Week
Housing market forecast: Cooler USAT
Betting the house? There is a better way Shiller
Americans finding cheap, disposable clothes the way to go Knight Ridder
Stores Still Hope to Meet Modest Goals AP
Unions deny holiday sickout at US Airways AP
Hershey May Be Too Rich WSJ
Pain postponed in Detroit FT
Navidec discloses SEC inquiry Rocky MN
Six Defendants Convicted in Tax Scheme AP
Funds add $19 billion in November CBSM
StreetTRACKS Gold Shares ETF collected $1.5 billion.
US Federal Water Subsidies Go To Largest Farms - Study Dow Jones
Funny business: 2004 had its share of sublime, ridiculous CP
Tsunami Adds to Asia's $413 Bln Natural Damage Bloomberg
Earthquake May Curb Sri Lankan Growth; Thailand, India to Recover BL
Death toll tops 28,000; reportedly could top 40,000 CBSM
China Aviation Woes Signal a `Hard Landing,' U.S. Investors Say BL
Yen poised for longest advance since 1971 BL
Italian December Business Confidence Declines to the Lowest in Nine Months BL
Banks to offer $6bn to rescue troubled Daiei Reuters
Kremlin's 'No. 2' Now Heads Yugansk Moscow Times
Telecom Italia Faces Yearlong Debt Repayment to Keep Ratings BL
Europe Prepares for Accounting Standards Smart Pros
What If China Revalues Its Currency? Brookings  PDF
Why Collectors Are Crazy For Chinese Art Business Week
The factory nuns of urban China Chicago Tribune

Monday December 27
Dollar Declines to Record $1.36 Against Euro as U.S., Europe Allow Slide BL
Dollar Falls to New Low Against Euro Reuters  Gold Up
Gold Heads for Longest Rally Since Nixon, Survey Says BL
Dollar Heads for Biggest Quarterly Drop Versus Euro in More Than Two Years BL
Gold Rally Brings Back The 70’s NYP
Cautious Optimism NYP (Byron)
Risk Management is Generous Hussman
Sales of high-risk, high yield bonds set record Bloomberg
Stock buybacks see growing skepticism USAT
Are we inside a bubble, looking out? Herald Tribune
No Future for Textiles in 'City of Looms' Reuters
“While U.S. producers have been living in fear of Jan. 1, 2005, China has been increasing their textile and apparel industries dramatically. They've purchased 65 to 75 percent of all the textile capital equipment sold in the world in the last three years."
Spitzer: No letting up Newsday
Tech companies face another difficult year FT
Airlines' WoesMay Be Worse in ComingYear NYT
WMT Sees Dec Sales at Mid-Range AP  Sharper Image Cuts BL Toys ‘R’ Bust
Die-hard bargain hunters disappointed the day after Seattle PI
China and the U.S. should spare the world a cliffhanger IHT (BL)
Foreign banks receive licenses for yuan deals IHT (BL)
HSBC set for Asian consumer loan push FT
Slide in house prices gathers pace Independent
'Worst Christmas for 25 years' as store sales drop Guardian
FSA under fire over split trust settlement Times Online
Even the cowboy boot now sports 'Made in China' CS Monitor
China listed as first for port throughput in 2004 People’s Daily
China Army Will 'Crush' Any Taiwan Independence Move Reuters

Thousands dead after SE Asia quake CBSM

Holiday Edition (Dec 24-26)
"Trouble Ahead—Trouble Behind" PIMCO
Last-Minute Holiday Shoppers Hit Malls AP
$ Drops for 10th Week on Speculation ECB May Not Stem Euro's Advance BL
Euro Rises to Fresh High Vs Dollar Reuters
Euro's rise raises 'catastrophic' fears Bloomberg
Hedge Funds, Once Daring, Trim Their Currency Bets NYT
Is U.S. house-price boom at a risky point? Norris
Merry Christmas, Happy Holidays PBear (Noland)
Annual review of the 'Stupid Investment of the Week' winners CBSM
Still a believer in 'Dow 36,000' MSN
Goldcorp Investors Choose Between Takeover Offers From Glamis, Wheaton BL
Program Trading Averaged 59.6% of NYSE Volume during Dec. 13-17 NYSE
Can China pull off a managed economic slowdown? CBSM
China Invests Heavily In Sudan's Oil Industry WP
South Korea's Fourth-Quarter Consumer Confidence Falls to a Four-Year Low BL
After The Bubble, A Bath Financial Mail

Shipments of Non-Defense Capital Goods Indicate Slowing of Capital Expenditures NT PDF

Thursday December 23
Cheap Money Trumps Sea of Negatives for Bonds Baum
Dollar Falls to Record $1.35 Per Euro on Speculation U.S. Won't Stem Slide BL
Gold futures climb on dollar weakness CBSM
Weekly U.S. jobless claims rebound ~  Confidence Up Leading Index Falls
U.S. Durable Goods Orders Increased 1.6% in Nov BL Census
U.S. Nov. income outpaces spending CBSM BEA
Euro Approaches Record High R Speculation Bush Policy Won't Change in 05 B
France´s Gaymard says dollar fall could turn ´catastrophic´ AFX
Merrill, Top Currency Forecaster, Expects Further Dollar Drop Bloomberg
The Economy: Five Wild Cards For 2005 Business Week
Headed for a down cycle CBSM
Optimism is Ripe In The Markets Cross Currents
Something is Rotten in the State of Large-Cap Techs Schaeffers
Derivatives Update Gold-Eagle
Hedge funds go mainstream CBSM
End the Government-Sponsored Cartel in Credit Rating AEI
The Specter of Deflation Rockwell
Scotiabank commodity price index climbs to record level in November CP CRB
Steel prices soar 66% in a world market 'gone mad' USAT
Unhappy new year seen for steel users   MJS (R)
Rising costs force choice on library Boston Globe
California's prices prompt exit strategies Chicago Tribune
The Bottom Line on Overhauling Social Security NYT
Private accounts:  The 'spicy sauce' to sell deep benefit cuts EPI
Credit card slipups get even costlier Det FP
Fannie Mae Turmoil Continues After Ousters AP
SEC to probe Fannie’s Sarbanes compliance FT
Fannie Mae ex-officials' severance scrutinized USAT
The battle between Fannie Mae and its government regulator is far from finished.
Newmont Responds to The New York Times Article of December 22 PRN
Martha Stewart Calls for Sentencing Reform -- Prison Food 'Bad' AP
Rambus shares fall 15% SFG
EU rejects Microsoft's appeal on antitrust sanctions   Seattle Times
Gates buys $319 million Berkshire stake Bloomberg
GM to offer more early retirement deals AP
SEC Probes Marsh Execs’ Stakes in Co. Funds NYP
Taser defends Kerik on stock sale Reuters
Kerik resigns position with Giuliani firm AP
FedEx hit for $1.5M CNN
Coke to pay worker $3m after shooting ABC
Ex-Fischer top exec won't meet with SEC Rocky MN
Chefs and truffle lovers lament the dollar's stumble NYT
The Big U.S. Retailing Stocks Look Overvalued BL
Retail sales fail to ignite Sac Bee  Online holiday sales sizzle CNN
More consumers give new cars as gifts USAT
Bosses Play Holiday Grinch USAT Crudele
Xmas fever sinks "New Europeans" deeper in debt AFP
China: Christmas dinner prices hard to swallow Xinhua
Mexico: Tree Invasion Washington T From unsold to underwater HO
Average Wall Street bonuses for 2004: $100,400 Newsday
Here's How You Can Get a Bigger Bonus Next Year Bloomberg
Global Bonds: A Ticking Time Bomb? BCAR
Russia gets Yukos unit CBSM
Acquisition called 'a blow for rule of law' in Russia
Rosneft to Acquire Yukos, Cementing Putin's Control Over Industry BL
Putin takes control over an industry that is second only to Saudi Arabia in crude production.  Russia's Putin: State To Encourage Oil, Gas Exploration DJ
Bank minutes fuel hopes of rate cuts Independent
No bubble seen in market, says FM India Times
Australian Dollar Declines After Price of Metal Exports Weaken Bloomberg
Dampening Property Speculation Korea Times
It is said that the total valuation for land in Korea is six times greater than all the land in Canada with the average land price being eight times more expensive than in France.
Gold business offered to individuals People’s Daily
Taiwan Ban on U.S. Apples Hampers Growers AP
China Emerging as U.S. Rival for Canada's Oil NYT
Shell and Chevron suspend oil exports of 134,000 bpd from Nigeria AFP
Pipeline behemoths square off Financial Post
Siemens warns of 'painful cuts' for employees AFP
Miniature Silicon Valley hits reality SMH
Hong Kong fades under China's smog CS Monitor
Arafat's investments included N.Y. bowling alley Bloomberg
Bradford & Bingley fined over precipice bond sales Independent
Robbers Net $42 Million in Belfast Heist AP Don't laud these vile bank raiders
Don't bank on insurance Times Online
As financial institutions keep telling us, it pays to insure. So why was National Bank not externally insured against the theft of £22m?

Wednesday December 22
Dollar Falls, Gold Rises AP
U.S. Economy Grew at 4% Rate in Third Quarter, Final Report Says BL BEA
Fannie Mae Fires Raines BL   Raines: “I am retiring� Fannie
Franklin Raines's Lost Gamble Business Week
Fannie Mae's chairman and CEO bet that his political prowess could protect him from an accounting scandal. He was wrong
Chronology: Fannie Mae's Accounting Crisis AP
Russell: 'Such a strange market' Hubert
Consumer Price Index Is Not Your Father's CPI Baum
Show Greenspan the Door, and Hello Santa LA Times (R)
There's a rocky road ahead in 05 CBS  04 In Pictures NT 04 Scorecard CSFB
Gold: Four More Years ~  Musings: China's Contradictions Ing  Willie
What Determines Interest Rates? AEI (Makin)
When all is said and done, it is the search for ways to store wealth that drives interest rates and not some hazy notion of unsustainable twin deficits. ?
Economy's Scant Use of Capital, Workers May Slow Fed Rate Hikes Bloomberg
Three years later, most states still not recovered from recession JobWatch
Colorado's growth faltering ~  Bankruptcies break new ground   Rocky MN
Hedge Funds: Healthy Risk? FallST (EW)
Mutuals outperform hedge funds FT
Hedge Funds Find An Escape Hatch Business Week
Donaldson recently accomplished a major feat when he got the agency to pass a controversial rule forcing hedge fund advisers to register by 2006. Unfortunately, just weeks after the SEC announced the new rule on Dec. 2, many hedge fund managers have already figured out a simple way to bypass it.
H&R Block Fined $500K NYP
For helping a hedge fund customer hide "market-timing" trades at the expense of other investors.
"Informed" vs. "Ignorant" Ignorance... EW
Wall Street wary on Social Security NYT
GM's Debt Crisis Slate
If its bonds are junk, how are the cars?
Nortel Gets Court OK to Delay Meeting Reuters
Seattle Times' memo says staff cuts coming Seattle PI
Schaeffer on Charts: Treacherous Tyco Schaeffers
Microsoft Loses Court Petition to Suspend European Union Antitrust Order BL
Kerik Ally Borrowed Big $$ For Club NYP
Chinese mobile phone growth soars 20% Times Online
Japan's Exports Increased 13.4% in Nov; Trade Surplus Narrowed BL
IMF tells Brown to rein in spending Guardian
Putin Says He Knows Mystery Buyer Moscow T Hints at China alliance FT
Putin’s ’Gray Cardinal’ Sechin May Be Behind Baikal Finance — Analysts MN
US issues warning on Yukos sale Telegraph
Chinese puzzle in auction of Yukos Guardian
Parties don't last for ever, over-spenders warned TheStar (SA)
Financier fined £290,000 over market abuses Times Online
China dairy executives detained IHT (BL)
Sony probe reveals pirate network FT
Iraq: Ten More Years? Independent
U.S. Contractor Pulls Out of Reconstruction Effort in Iraq LA Times

Tuesday December 21
U.S. stocks climb; blue chips at 3 1/2 year high CBSM
Putin: Yukos Auction Complied With Law AP
Stocks Expected to Rise on Bank Results AP
Economic outlook: rising stars and black holes FT
Outlook 2005: More work for consumers next year IBD
The Bear's Lair: World capital of Ponzi UPI
Washington DC, whether or not the world capital overall, is unquestionably the world capital of Ponzi financing schemes, swindles that work for a year or two and then deluge everyone in losses.
Goodbye 2004, Hello Bubble! Rostenko
Flow-of-Funds Stocking Stuffers NT PDF
How Nos. Can Hurt Real People NYP (Crudele)
Look Both Ways: Real-Estate Reality CFO
Was November the month in which the housing boom started to go bust?
Rate cycle turns against banks in 2004 CBSM
A case against privatizing Social Security Farrell
Not the Whole Story, But a Great "Outline" EW
Fannie's Financial Cookie Jar CS Monitor
When the world's largest buyer of home mortgages - Fannie Mae - cooks the books on reporting its earnings, it runs the risk of sending shockwaves into financial markets.
US junk bonds reach record level FT
NYSE Trader Probe Widens NYP
Enron Bankruptcy Advisers Seek $780 Million in Fees, Most Ever Bloomberg
Wall Street's most famous bull for sale CNN
Barrick Says Gold May Top $450 Through 2006 on Dollar, Supply Bloomberg
Forecaster Sees Gold Averaging $472/oz in 2005 Wood
Bank of China is approved to launch individual gold trading Interfax
Significant Characteristics of Bull Markets and Gold and Silver GE
Taylor On US Markets & Gold ~  Maund
Yukos misses oil shipment after sale of Yuganskneftegaz IHT (BL)
The chief executive of Yukos, acknowledged that the $9.35 billion government sale of Yuganskneftegaz was an "irreversible act." But he said that Yukos would not turn over shares of the division, Yuganskneftegaz, until the buyer, Baikal Finans Group, revealed its identity and backing.
Yukos warns of oil output crisis Guardian Moscow Times
Japanese managers trim U.S. holdings Reuters
Gold row exposes German tensions FT
"The Bundesbank will have to explain why it alone of the 15 central banks in the gold agreement is not exercising its sale option, despite the high gold price�
French Consumer Spending Rises the Most in 5 Months on Automobile Sales BL
Costly housing--a real bubble? Sina
Bleak midwinter for home loans Guardian
Growth slows to three-year low amid continued house price falls
House sales expected to slow Canadian Press
City warns of tax rises as public deficit soars Times Online
Police charge Philip executive Globe & Mail
CSFB banker convicted of insider trading Guardian
False data found in 10% of reports Asahi
The high rate of incorrect data has set off alarm bells about the transparency of corporate Japan at the very time that businesses are turning to the stock market to meet more of their fund-raising needs.

Bush Considers Slowing Growth in Defense Spending Reuters
Bush Foresees a Deeper U.S. Role in Iraq LA TImes

Monday December 20
Retailers See Little Late Holiday Buying AP Credit card bills worry many AP
Is the Dollar Really Overvalued? Hussman
Wall Street's hopes for a sustained capital spending boom in the U.S. anytime soon are vastly exaggerated.
Interest rates and deficits NYT
Loss of trust in dollar could be euro's gain Independent (King)
White House sees slower job growth Reuters
Privatizing Social Security should scare you MSN (Fleck)
The idea assumes anyone can invest successfully -- and threatens to destroy the safety net for which Social Security was originally created.
Bush's Social Security Plan Would Fix Nothing Berry
Social Security: Five Burning Questions WSJ
Opec cuts could push oil back above $50 mark Observer
With new year come old worries CBSM
Everybody thinks stocks are going up Barron’s
Day Trading Makes a Comeback Reuters
So You Wanna Trade Currencies? WSJ
Novice traders with as little as $250 are opening so-called mini-accounts and controlling as much as $50,000. And they are diving into currencies at historic highs.
Home Equity Lines -- Convenient, Risk Reuters
Wall St. Fees Show Merger Business Rankings Manipulated by Phony Deals BL
A few embarrassed brokers FT
Perry's tactic has provoked real rage among the other Mylan shareholders, and profound embarrassment on the part of his prime brokers.
United stirs up a hornets' nest on pensions FT
Fannie Mae Board Meets to Talk Shake-Up AP
Pharmos Shares Drop on Poor Trial Data AP
Fed’s Double-Take (Kerik) NYP
Diet experts declare Atkins craze is over AP
U.S. Rogue Nation Image Hurts Dollar in Asia Pesek
US capital swells Asia hedge fund coffers FT
China grows in superpower status Taipei Times
Chinese investors take a shine to gold Reuters
Bundesbank to sell 8 tonnes of gold to German finance ministry IIA
Bundesbank said it has no plans to sell the rest of its quota for this year...
Fears grow of damage to Japan's economic recovery FT
Japan’s External Stimulus: Is It Really Over? CSFB PDF
CEOs Pessimistic Over Economic Recovery Korea Times
Australians fear end to dream economic run in 2005 AFP
Ten Years, and a New Mexico Business Week
In the decade since its worst financial meltdown, amazing progress -- economic and political -- has been made. Still, familiar dangers lurk
Mexicans still hungover from 1994's tequila crisis FT
Yukos unit fetches $9bn at auction BBC
Yukos auction raises political stakes Guardian
Singapore Advises Caution in China Case AP
God bless us every one, but who will pay our pensions? Independent
Payoff time on Vodafone's gamble? IHT
Hong Kong to Devise New Plan for Property Trust IPO After Legal Challenge BL

Gold May Rise for 9th Week in 10 ~  US Notes May Fall BL

Weekend Edition (Dec 18-19)
The Week Ahead: Social Security and Treasuries Insecurities CIBC PDF
Retailers brace -- and pray -- for last-minute rush CBSM WMT
Our disappearing dollar PTR  Weak dollar may threaten balance DMN
The Debt Bomb FSO
Whoops! It's 1985 All Over Again NYT
Fannie's Fans Must Be in Denial Morgenson
The Chinese Syndrome NYP
Bush Considering Bernanke As White House Economist Reuters
Some Republicans have been pushing CNBC commentator Larry Kudlow...
Bulk freight brokers start to jump ship FT
Since reaching an all-time high on December 6, the Baltic Dry Index, the leading benchmark of bulk freight rates (which exclude volatile oil shipments), has fallen 19 per cent.
The Canary in the Coal Mine Mauldin
Dilly-Dally Monetary Management Noland
Speculators seen stirring up oil market volatility CBSM
Oppenheimer’s Gheit: “I am absolutely convinced that the prices are being manipulated”
Trading the Oil Bull 2 Zeal
Forecast 2005 Chapman
Private Investment Accounts: a non-solution to the Social Security Crisis SafeH
The Scary Part Of The Gold Price Curve Gold-Eagle
The Latest Chapter in Fannie Mae's Scandal Saga EW
Fed tightens against housing bubble fears Inman
No Wage Progress Despite Three Years of Recovery EPI
So, what have investors learned from the great dotcom crash? Sunday Herald
Corporate bond investors focus on GM FT
Toy Shortages Seen at Some Stores AP
Amex sees $120M charge; axes 2,000 Reuters
Ceridian Probed; Finance Execs Retire CFO
Martha sells $8 million in stock Reuters
Milken Sees the Classroom as Profit Center NYT
LaBranche may face NASD discipline CBSM
Japan braced for new year of economic woe   Scotsman
China's housing price hike reasonable? China Daily
I'm an investor, get me out of here Times Online
Some shares go out of fashion so quickly, you can only wonder what the initial attraction was.
'Hot money' a scapegoat for price gap China Daily
Russia to hold Yukos auction despite US ruling FT
Dollar's dive takes others with it IHT
The Oil and Gas Industry 2000-2004 Kommersant
Bin Laden Tape Urges Stopping Oil to U.S. AP

Friday December 17
Oil futures up nearly 14% for the week CBSM
Fed calls for fiscal discipline Reuters  November Minutes
Pfizer Finds Celebrex Heart Attack Risk   AP  S&P Cuts Pfizer to Sell BW
Crude Oil Prices Rise Above $45 a Barrel AP
The Search For Yield Corrigan PDF
November Consumer Prices Rise 0.2%; Core Rate Rises 0.2% BL BLS
Where We Stand Comstock
The public has actually put significant amounts of cash into equity mutual funds since the 2000 peak.  We expect to see much greater liquidation before this bear market comes to an end.
Irrational exuberance redux? CBSM
Don't be suckered by investor euphoria
Feds ready to oust Fannie Mae bosses CBSM
It only looks crazy in hindsight CBSM
They will not ring a bell to signal when this craziness is about to end. It will just end -- like that.
Put 'Er There Schaeffers
If these put positions are going to be replaced in the next few months, the market will endure significant downside pressure...
Experts grim on economy Boston Herald
Descriptions of long-term trap becoming increasingly accepted
TD Quarterly Economic Forecast TD PDF
Republicans tempted to cash in on wide trust in Greenspan FT
White House May Pick Bernanke WP
Rubin Wins Some, Loses Some on Deficit Warnings Bloomberg
If the bubble bursts... CNN
Real estate: If it is a bubble, and it bursts, how at risk are you?
Carmakers braced for spiraling steel shortage FT
In Praise of Shoddy Products Mises
SEC chief faces water that's rising Norris
War funding request may hit $100 billion AP
Buying Into Failure NYT (Krugman)
Future of Fannie Mae Executives Unclear AP
Assessing What Will Now Happen to Fannie Mae NYT
Spurned Glamis launches Goldcorp bid Mineweb
Hershey’s Kiss-Off: Prices To Rise 6% NYP
Halliburton to cut jobs and perks at KBR FT
City Joins Door Probe NYP
Thain warns on SEC price-protection plan FT
It would be "very difficult ... to maintain the auction process" if the proposal was adopted.
State may downgrade economy Japan Times
‘China factor’ behind US dollar woes New Straits Times
Investors Got Asia Right in 2004. And 2005? Pesek
Stop dollar's fall, Brown tells US as deficit hits $165bn Guardian
Euro Rises Against Dollar as German Business Confidence Gains BL
Russia Seen 'Heavily' Managing Ruble in 2005 Moscow Times
US Dollar worthless now? India Daily
The problem is that if dollar collapses, there is nothing that can stop a catastrophic worldwide depression.
Canada Seeks Details on IMF Gold-For-Debt Plan Reuters
Vietnam's Big Cities Prepare for Gold Trading Centres VNA
Finance chief fined for tip-off to analyst Times Online
City attacks FSA over costs burden Times Online
GM unit sues Chinese automaker in patents row AFP
U.S. Judge Issues Order Halting Sale of Yukos Unit Bloomberg
Report: Gazprom Loan Put on Hold Moscow Times
Parmalat is suing 45 more banks NYT
Gold, silver produced from industrial waste Kyodo

Thursday December 16
Faith In Fannie   Ackman
Philly Fed Report SeesContinued Growth PFed
JClaims drop ~  Housing starts slow (Census) ~ Record current account gap R
Wall St. weighs deals, bin Laden CNN
Dollar Eases Toward Record Low Vs. Euro Reuters
Bush's 'strong dollar policy' comments fall on deaf ears USAT
Greenspan ‘rejected’ offer to become US Treasury chief FT
Difficult year ahead; Business slowdown, bear market may be in cards DaytonD
We Ain't Got No Inflation Janszen
Greenspan is Baffled By Economic Stats on Inflation Crudele
America—Who Needs It? Slate
The Evolution of the Credit Default Swap Market Pimco
All the Success, Intelligence, Experience, and Street Smarts on Earth... EW
If even a few of the allegations are true, Kerik really is a rogue.
State's housing bubble is bound to burst MBee
Editorial: Beware the bubble SacBee
Housing prices vastly exceed incomes
The Rise In Housing Prices Bartlett
Are Home Prices The Next “Bubble”? NY Fed PDF
Congress, Hooked on Foreign IT Workers, Slips Deal into Huge Spending Bill H
Fannie Mae Failed to Comply With Accounting Rules, Must Restate BL SEC
Fannie Mae Warns on Capital Position Reuters
Fannie Mae Shares Down on SEC Review AP
A Half-Billion Ends Time Warner Probes CFO
Johnson & Johnson to Buy Guidant for $25.4 Billion to Gain Heart Devices BL
SEC Enters the Fray in Iraq CFO
Wal-Mart Purge Cloaked in Mystery NYP
Who Exploits Whom? Mises
PART 2: A monetary coup d'etat Asia Times
China's Nov. Fixed-Asset Investment Growth Slows to 24.9% BL
The Euro Currency War Gold-Eagle
Europe winces at currency's rise CS Monitor
Brazil Raises Benchmark Lending Rate to 17.75 Percent to Slow Inflation BL
India Has Much to Gain by Dumping Dollar Link Bloomberg
Sweden: Deflation Alert Morgan Stanley
Fidelity pulls out of Child Trust Fund Times Online
Millions 'to lose textile jobs' BBC

Wednesday December 15
$ Drops: Purchases of U.S. Assets Increase at Slowest Pace in Year BL Treas
“People were expecting it to be worse than last month, but nobody was expecting it to be below 50”
Oil Futures Rise Toward $44 a Barrel AP
Gold futures climb to one-week high CBSM
U.S. Treasuries Remain Higher After New York Fed Index Rises BL NYFed
Dollar's Fall Is a ‘Wake Up Call,' IMF's Rajan Says Bloomberg
Debt and the dollar EPI
The United States damages future living standards by borrowing itself into a deceptively deep hole
The ghost of crashes past Economist
Your columnist signs off, wishing one and all a merry Christmas, but forecasting a not-so-happy 2005 for the financial markets
Economic Summit: Fiddling While Rome Burns CEPR
The Saga of John Law and Richard Cantillon Mises
Rubber checks that don't bounce Insight
A Picture of Options-Related Resistance Schaeffers
Treading Water with the Fed EW
Fed May Signal Shifts With Earlier Release of Meeting Minutes Bloomberg
“It has been so long overdue that it boggles the mind”
U.S. Municipalities Moving Toward a Finance Crackup Bloomberg
Retirees' health costs jump for third year Boston Globe
Born Suckers Blodget
The greatest Wall Street danger of all: you.
Bearish View Spurs Eric Sprott Dow Jones
Icahn buys up Blockbuster shares; shares rise IBD
Mortgage Applications Fell Last Week MBAA
Trump: Bigger than Coke or Pepsi? Business Week
“The brand has become the best brand.... I think it's a bigger brand now than Pepsi Cola or Coca-Cola.”
Media not as fired up about 'Apprentice' NY Daily News
Trump's new book will awe, and bore AP
Donald Trump Books: 1 - 2 - 3 - 4 Amazon
The Talking Donald Trump Doll ~ TRUMP The Game A
The Smell of Bankruptcy: Get Trump, the Fragrance!
Bill Gates elected to Berkshire Hathaway board Reuters
Nortel sees lower sales in 2004 CBSM
Chartered Semi Lowers 4Q Outlook AP
Merck ups number of job cuts Reuters
SEC Questions Tyco on Iraq Program AP
Sprint, Nextel in $35B merger CNN
Accounting Bag of Tricks Produces Another Scheme in Kmart Case AP
Credit Ratings Get Poor Ratings CFO
Auditors face stiff penalties FT
Gifts to Fidelity Employees Attract Investigators NYT
German probe targets Citigroup FT
Hospital Attacking Big Mac WP
220 IPOs have raised more than $41 billion this year CFO  Las Vegas Sands A
Back to The Basics 321 (Aden) Bishop ~ Butler ~ Rostenko ~ Lee
China sees gold-buying surge to hedge against declining dollar - report AFX
Investors flee crumbling home market SMH (FreeR)
Investors have fled the Sydney property market while sales have fallen to their lowest level in more than 15 years...
Property investors warned Advertiser
Australian banks face life in the slow lane Stuff
BOJ a Role Model for ECB? Okay Stop Laughing Pesek
Japanese Manufacturers' Confidence Falls to 22 Bloomberg
BOJ to sell FBs to cool money mart Japan Times
Recession fears as Australian economy slows down ABC
Morgan Stanley warns of recession Korea Herald
Germany and France get reprieve IHT
Taiwan must beware dollar's slide Taipei Times
China Puts Plans For World Domination On Hold Forbes (Ackman)
Hopes sour for China's bad debt IHT (BL)
China Gets First Foreign Bank Chairman AP
Air China makes strong debut in HK CBSM
Chinese PC maker puts Dell on notice Asahi
Brazil Money-Laundering Report Urges Charging Ex-Central Banker Franco BL
Yukos files for bankruptcy in U.S. CBSM
U.S. trims softwood lumber duties Globe & Mail
Love and money reshape family in China CS Monitor

US Trade Gap: Still Not A Pretty Picture CIBC PDF

Tuesday December 14
FOMC Statement FED
With underlying inflation expected to be relatively low, the Committee believes that policy accommodation can be removed at a pace that is likely to be measured.
Fed expected to deliver fifth quarter-point interest hike AP
Industrial Production Rose 0.3% in Nov.; Plant Use 77.6% BL FED
U.S. Trade Deficit Widens to Record BL Census ~ Treasuries Torn
How The Government Pulls The Wool Over Our Eyes NYP (Crudele)
The Dollar Is the "Wild Card" Business Week
The Bear's Lair: What's the sucking sound? UPI
Musings of a Crackpot FSO
Global View: A quiet turning point UPI (Campbell)
The Short View Coggan
End of An Era? Cross Currents
Can You Spend Your Way Back Into the 1990s? EW
Stock Option Values Decline Sharply Between 2001 and 2003 PRN
US small business optimism at 20-year high in Nov. Reuters
Banks' management of hedge fund exposure seen flawed Reuters
Krispy Kreme Misses 10-Q Filing Deadline AP
Car Glut Has Repercussions for Visteon and Delphi Bloomberg
Airlines Expect $5 Bln Loss in '04 --IATA Reuters
State’s grocers show slim profits Denver Post
Cardinal Health to Eliminate 4,200 Jobs AP
E&Y Confirms Probe Related to PNC CFO
Trump Shareholder Wants Better Deal NYP
Blockbuster to End Late Fees in 2005 AP
ETFs see $3 bln inflow last week CBSM
ETFs: Everybody’s Favorite Trade Has A Dark Side Newman
NYSE to use custom IBM palm PCs AP
3 Canadian funds settle market-timing inquiry BL
Internet database to show U.S. judges' finances LV Sun
Kerik's nanny least of his problems AP
US output growth 'to continue' FT NY Fed
The silver lining in gold's fall CBSM
Gold firms being conservative in asset valuation, says PwC survey CP
The Dollar: Asia Groans and Bears It Business Week
Foreign Investment in China Rises 22% BL
China facing pensions crunch TheStandard
Fine-tuning Currency Intervention MS (Xie)
Emerging Markets Watch - No Times For R&R Pimco
The rental boom that is in line for a bust FT
Australian Business Confidence Falls to 6-Month Low on Currency BL
China: "strong dissatisfaction" with anti-dumping ruling on furniture PD
Small firms pension pressure Times Online
Stock Exchange faces foreign takeover after German bid Guardian
Jasdaq joins the big boys Asahi
Creditors threaten to oust CAO chiefs FT
Yukos Accused of 'Filthy Theft' Moscow Times
'A Climate of Fear' Threatens Economy Moscow Times
Tariffs on Scrap Irk U.S. Steel Producers Reuters
Nippon Steel to pay double for coal next year FT
Tracing Pinochet's millions to a U.S. bank IHT (NYT)

Monday December 13
Retail Sales up 0.5% (ex-autos) - Experts Still See Ho-Hum Christmas IBM  Cen
Fed's Work Remains Unfinished TheStreet  CBOT Fed Watch
The yield on the 10-year Treasury note has fallen 42 basis points to 4.16% since June 29, the day before the first rate hike.
Central Banks Short-Circuit U.S. Savings? Reuters
Dollar Ends Three-Day Rally on Speculation Deficit Will Widen BL
Recipe for a rough ride in '05 MSN (Fleck)
Volatility, Complacency, and Emerging Risks Hussman
The Paradox of Trade MS (Roach)
2005: Year of the weak dollar AFP
A weak dollar may be good, but not for long CBSM (Kilgore)
Free-floating currencies feel pain from dollar FT
Don't scapegoat China for a weak dollar and deficit TT
The Neutral Zone Taylor
Low US interest and savings rates don't jive with big deficits Reuters
Why young Americans are drowning in debt MSN
Less bang for the boomers CS Monitor
Icahn Files $1B Lawsuit Against Hedge Fund for Stock Manipulation NYT
Hedge funds may be hot, but the costs aren't cool SOS
Owners risk homes to invest Det FP
Borrowing to buy stocks could be fiscal suicide
House flipping' fueled by Internet sales target of state, feds AP
Papers' ad forecasts predicting caution Denver Post
Capital expenditures slow as year ends USAT
Low-carb slump leaves food firms in flux AP
”It was a little bubble that had zero staying power”`
About 800 Colo. Beef Packers to Lose Jobs AP
Grocery workers fear looming insurance crunch RockyMN
PeopleSoft Relents, Agrees to Oracle Bid Reuters
Airline debt is in the spotlight FT
Fiat and General Motors to square up in Switzerland AFP
Worst CEO: Krispy Kreme's Scott Livengood CBSM
Feds Eying Fedility Traders’ Family Ties NYP
Bombardier Chief Executive Tellier Resigns After Two Years; Shares Plunge BL
Kmart not alone in allegations of improper booking AP
IBM's PC saga was two decades in the unmaking ST
IBM spurns public with 'closed' conference call AP
Inventor rose high — until world changed Seattle Times
Kansas begins overnight trade FT
Gold tipped to reach a 20-year high Times Online
Williams defends GLD ~ Gold not dependant on dollar weakness Mining Mx
China becoming an important bellwether Harding
China's Retail Sales Increased 13.9% in November BL
Textiles makers dig in against 05 "Made in China" threat AFP
“We are talking about 600,000 US jobs that could be lost iN the next few years”
China announces increased export tariffs on textiles PD
With its buying binge, is China shopping for security? NYT
Jewelry becomes hot item of consumption in China PD
Cloud hangs over Air China flotation Guardian
IPOs set to resume in China BL
Is the sun about to set again on another Japanese dawn? Times Online
On three previous occasions since Japan’s asset price bubble burst at the start of the 1990s, hopes of an economic renaissance have been dashed.
Global economy set for bumpy ride in 2005: EIU AFP
Experts: S. Korea headed towards recession UPI
Tax hikes could be recipe for recession, analysts say Japan Times
Threats remain to our economic well-being Independent (King)
Crisis warning from Bank as lenders add to risky investments Independent  BoE
Cash woes force raids on savings BBC
Argentina's miraculous recovery owes little to the IMF Guardian
YUKOS Sell-Off Sparks Top Investor Threat AP
LSE rejects approach from rival CBSM
Iraq's debt will be serviced, eventually
China to crown first "Miss Plastic Surgery" Reuters
Plastic surgery clinics have mushroomed in major cities in China.
China's boy trouble G&M  China may take gamble TheStandard

Dollar May Extend Rebound ~  Gold Prices May Decline BL
Treasury Investors More Bearish After Drop in Yields BL

Weekend Edition (Dec 11-12)
Under Greenspan, Fed Loses Some Mystery AP
Retail Sales Slowed in November: U.S. Economy Preview Bloomberg
Wal-Mart says softness continues CBSM
Christmastime Consumerism WP
OPEC May Consider Further Cuts AP Supply Exceeding Demand B
Major Carriers May Fail in 05 NYP
Are Options Seducing Directors, Too? NYT (Morgenson)
Martha, Sirius Stocks Are Nothing But Tall Tales NYP
Greenspan at the Bat (Beyond Next Week’s Rate Hike) CIBC PDF
Greenspan: Be Careful What You Ask For Mauldin
A New Illusion: The Falling Dollar Richebacher
Diverging Fortunes, Tied to the Dollar NYT
Debating the Dollar (Part I) MS (Roach) Part II
The almighty dollar looks mighty vulnerable IHT
Greek Myths Expose Achilles' Heel of Europe's Common Currency Norris
GLD: Incompetence or "Told You So?" Bugos  More on GLD 321
Gold ETF may be launched in Hong Kong next year Business Times
Back to the Basics Aden
The Relative Dollar and Gold 3 Zeal
Future is still bright for gold investors Times Online
Betting on gold pays off SacBee
Dollar Daze! Chapman
Q3 2004 Z.1 “Flow of Funds” PBear (Noland)
Fewer Bonds and More Questions for Municipals in '05 Bloomberg
Housing: Growth's Shaky Foundation? Business Week
The 2004 "Spend Like A Drunken Sailor" Award FallST (EW)
Suit Filed to Block State Pension Bonds PLF
OPEC Expects Oil Prices to Recover as Cuts Are Made Bloomberg
Ali al-Naimi: “Don't ask me about the oil price fall yesterday, it was nothing”
For A Change, OPEC Is Worried Business Week
One Energy Crisis After Another Wanniski
Social Security Reform, With One Big Catch NYT
Tech Insiders Are Abandoning Ship BCAR
Sirius Fans in Need of a History Lesson TheStreet
Interstate Bakeries Posts 1Q Loss AP Still unsure if, when it will file 10-K I
Philip Morris Raises Prices on Cigarettes AP
Omnivision focus of SEC inquiry CBSM
US ex-financier jailed for fraud BBC
Hedge fund popularity growing at a quick clip RockyMN
CFTC: No manipulation of silver market Mineweb
Reports on China's selling of USD assets groundless People’s Daily
China to Resume Stock Sale Approvals After Four-Month Freeze BL
Wal-Mart, Carrefour Plan China Expansion as Retail Market Opens Up BL
Mexico Central Bank Unexpectedly Raises Interest Rates BL
US trade war to flare up again as Airbus takes on Boeing Times Online
China blames speculation for $500m CAO scandal FT Extension AP
Soldiers of Fortune Spiegel
Now the bonds cast their magical spell on speculators and soldiers of fortune, and for a good reason: The loans have to be repaid in "gold coins from the United States, with the standard weight and fineness applicable and valid on Oct. 15, 1924."

Friday December 10
Dollar Posts Its Biggest Weekly Advance Against the Yen Since February BL
Consumer Sentiment Improves Reuters
OPEC could bite stocks CNN
U.S. November Producer Prices Rise 0.5%, Core Rate Up 0.2% BL PPI
Dollar Rises; European, Japanese Officials Complain About Slide BL
The Big Picture Comstock
Borrow, Speculate and Hope NYT (Krugman) (R)
Flimsy foundations Economist
In the past three years, the total value of residential property in developed economies has increased by an estimated $20 trillion, to over $60 trillion. Granted, that increase is partly explained by the decline in the dollar; still, it is double the $10 trillion by which global share values climbed in the three years to 1999. Is this the biggest financial bubble in history?
Bush rules out tax hike for Social Security AP White House Text
Save or Else Mises
Buddy, can you spare a dollar? Independent
Report Expects High Oil Prices for Decades AP EIA
Saudi Arabia Backs a Reduction in OPEC Oil Production to Stem Price Slide BL
Why NOT "Bet the House on the Stock Market"? EW
No individual can stop the train wreck that's coming, but you don't have to be on the train.
Delphi to Cut as Many as 8,500 Jobs as Auto-Parts Customers Reduce Output
GM to cut 12,000 jobs in Europe CBSM
IBM Halts Pension Plan for New Hires AP
P&G boosts price of Folgers by 14 percent AP
Mylan Could Use King Restatement As Out AP
Athlete's Foot filed for bankruptcy NYP
Blow To Grasso; Case Stays in NY Court NYP
CEOs and their Indian rope trick Economist
The link between pay and performance is weak
Martha's reality show? NYT
"Millions of people feel like Martha got a raw deal"
Diamond sale raises millions for Frankel's scammed investors Boston Herald
Some wacky data from the Census Bureau MSNBC
Program Trading Averaged 57.0 Percent of NYSE Volume NYSE
Central banks might not meet 500t/year ceiling Mining Mx
Hedge-Fund Mania Hits Asia Business Week
Individuals and even governments have started piling into the risky vehicles.  Hedge fund industry grows 250% over last 3 years AFP
China and the global economy CSFB   PDF
China's Foreign Trade Volume Exceeds US$1,000 BLN, Jan-Nov AP
China's Consumer Prices Rise Less Than Expected BL
Japan's Wholesale Prices Rise for Ninth Month on Surging Oil, Steel BL
S Korea rates held as growth falters FT
China, Japan holdings key to dollar Jang
Fudging numbers in Europe Norris
In Europe, it is the governments that stand accused of manipulating the numbers.
French Oct Industrial Production Declines 0.7 Percent as Euro Advances   BL
How Not To Invest In China Forbes
China Mulls New Oil Futures, Timing Unclear Dow Jones
Chinese executive faces probe in Singapore Xinhua
Stocks Drop $10Bln in a Day Moscow Times
Is VimpelCom the Yukos of Russian telecom firms? NYT
The spectre of Parmalat still haunts market FT
Hong Kong firms to face new accounting rules The Standard

Thursday December 9
Household debt rises 9.1% in third quarter CBSM
Weekly Labor Market Report Contains Worrisome Signals NT PDF
Dollar Gains; Schroeder Says He's Concerned About Stronger Euro BL
Dollar Halts Advance on Speculation Snow May Allow a Weakening Currency BL
Why the world frets over the dollar's fall CS Monitor
Dollar's rise seen as brief respite Guardian
The buck should stop here NY Times
A great power does not debase its currency
Sell US stocks and buy the dollar Faber
The Shoeshine Boys in Bolivia Know the Dollar's Going Down Bloomberg
But do you really want to own euros and yen?
Consumer Spending Spree – Winding Down? NT PDF
Distractions in the Social Security Debate Mises
President's policies won't deliver promised deficit cuts EPI
Gambling hedge fund proposal is anything but a sure bet Las Vegas Sun
Got COLA? Veiw From SV
Big Blue Is in Chinese Hands. Get Used to It Pesek
China flexes increasing muscle for global deals ST
NYT Expects 'Challenging' Year in 2005 AP
Sirius suffers serious slide G&M  Biopure Faces Cash Crunch TheStreet
King Pharmaceuticals to Restate Results AP
Calpers reveals risky investments' cost IHT (NYT)
EDS to scrap poison pill FT Fortune Brands Dumps Poison Pill Clause AP
Fannie Mae has agreed to forfeit $7.5 million BL
Amazon's 'morning nightmare' lasts 11 days, and counting TheRegister
Martha Stewart gets new TV series BBC
Kerik Made Millions From Agency Contractor AP
Kerik's conduct in Saudi Arabia questioned Washington Post
The Soccer War Slate
Gold Bulls Have More To Cheer Than Limp USD Dow Jones
Who is to blame for GLD tonnes tanking? Wood
An Open Letter to GATA’s Chris Powell (on GLD) Bullion Desk   PDF
China Has Slowest Factory Production Growth in 18 Months BL
Malaysian output slows as global growth falters IHT (BL)
Economy watchers' index down ~ Bank lending falls for 83rd month JT
Goldman Sachs stands by prediction on yuan, rates AFP
Canadian Dollar – The Beginning of a Reversal? Daily Fx
Russia’s VimpelCom faces $158m tax bill FT
Steel Giant Probed Ahead of Auction Moscow Times
Exxon Says Russia Too Risky for Major Deal MT
The insatiable Chinese dragon Mining Mx
Steel shortage threatens recovery Yomiuri
Mortgage lender 3 trillion yen in red Asahi
IRC tells Daiei to close 20% of outlets, shed 10% of payroll Asahi

Wednesday December 8
Snow to Remain Treasury Secretary BL
Paper Assets Glitter; Gold Slumps TheStreet
Gold Plunges Most in 10 Months, Metals Slide, as Dollar Gains Spur Selling BL
Oil Prices Climb on Rise in U.S. Supplies AP
Merck Slashes Its 2005 Estimates on Vioxx AP
Nortel Expects Drop in 2003 Net Earnings AP
Sirius Shares Plunge After Downgrade AP
Dollar Rises 1% Against Euro, Yen AP Dollar support CBSM Gold Plunges
U.S. Treasuries Drop Before Sales BL WMT downgraded
Household Saving And Their Houses NT PDF
Monthly Indicators: Eating the Dollar CIBC PDF
Financial time bombs that threaten mass destruction Times Online
David vs. Goliath Schaeffers
An Early Christmas for Jim Rogers Business Week  New Book (Dec 28)
Analysis: Fed may not be as lucky in 2005 UPI
Oil: The Dividing Line Of The New Cold War Auerback
OPEC Frets Over Excess Supply Reuters
Housing boom could be history soon, experts say SOS
California, US in a Housing 'Bubble,' UCLA Forecast Says LAT
Layoffs atop 100,000 level 3 months straight CBSM
GM launches 'Red Tag' sale Reuters
Offers $7,000 cash back or interest-free financing on 2004 models in hopes of staying in the black.
China Computer Maker Acquires IBM PC Biz APAdventure
IBM's Chinese Adventure Business Week
IBM Merger May Mark China Shift to Predator From Prey Bloomberg
Fines loom in vitamin cartel case NYT
Gold Fields shareholders reject IAMGOLD merger AFP
Gold and Silver Miners Meet Prices Soar AP
Bar Brawl Threatens US Gold Fund Wood
U.S. deficits fine -- Nobel laureate Prescott Reuters
“The U.S. (current) account deficit, no problem. People that say there is (a problem) are ignorant...”
Prescott in 2000: Stock market is “correctly valued” FED
Prescott on the 1929 Stock Market: Irving Fisher Was Right FED
Spitzer announces run for NY governor FT
Book Review: The wealth of America is wealth CS Monitor Amazon
Japan just keeps out of a recession with poor growth figures AFP  BL
Has a Chinese Enron Popped Up in Singapore? Pesek
China Aviation Oil Chief Detained AP
Scandal to fuel shake-up TheStandard
China Aviation May Face Singapore Liquidation Suit as Debt Deadline Nears BL
Lex live: Hong Kong FT   The case for Asia Economist
Russia's Exchange Reserves May Change AP
Bank of Canada leaves interest rates on hold; dollar weakens CP
Britain looks at U.S.-style pension plans NYT
Russia: Back In The USSR? BCA Research
Ukraine Talks Fail as Crisis Deepens Moscow Times
TV drama creates a crisis that the City may wake up to Times Online
In the nine years since Nick Leeson brought Barings Bank to its knees five more rogue traders have come to light
Vivendi and its former boss fined BBC

Tuesday December 7
Texas Instruments Cuts Forecast Reuters  Tech investors cringe USAT
Yuan Forwards Gain; China's Zhou Says Peg `Carries Huge Risk' BL
ART: The New Asset Class? FallST (Elliott Wave)
US Productivity Rises at 1.8% Rate, Lowest in 2 Yrs BL
Holiday-Shopping Season Remains Sluggish Reuters
Dollar Falls on Speculation US to Refrain From Stemming Drop BL
Global Rebalancing at Work Morgan Stanley (Roach)
Jobs-Data Distortions Frustrate Easy Comparisons NYP (Crudele)
Blackstone Group pundit says U.S. ´running on empty CBSM
Surprise, Surprise: the Treasury waited til December to clear China of currency manipulation Setser Blog
More On Dollar's Downfall NT PDF
Gold Exposes the Dollar Paul
Should you be buying gold? CNN
More Questions About the ETF's Gold Turk
GLD Double-Counts Gold Bars, GATA Says BW
Golden stockpile delivers Swiss a wealth of problems FT
The Future of the Gold Market in China LBMA PDF
Stage One of the Great Collapse begins Globblog
Pushing on a string? Hulbert  When Complex Systems Fail Willie
Crisi$? What Crisis? Rostenko Competitive Devaluation Wang
There's a reason why "dollar crisis" is so oft repeated in the news today. To desensitize the financial world to fears of a dollar crisis, thereby nipping the problem in the bud
Social Security: Inventing A Crisis NYP (Krugman) (R)
Economy to nose dive: strategist Australian Advertiser
Use of cards tops checks AP FED
Can there be too many homeowners? Bankrate
The housing boom: Is a bust in sight? Times Dispatch
Retailers Looking to Move Plasma TV's AP
Deeply Discounted Cars May Lead to a Smaller GM Bloomberg
Fiat threatens GM with action FT
The 2004 "Spend Like Drunken Sailors" Award EW
Will Consumers Curb Online Enthusiasm? TheStreet
Colgate cutting 4,400 jobs CBSM
J&J in talks to acquire Guidant CBSM
3Com warns on quarterly losses FT
Ex-HealthSouth CFO Says Scrushy Demanded Inflated Earnings AP
Personal finance: Corporate boards favoring execs over shareholders Phillynews
Bre-X trial resumes, taking more civil tone G&M
Although hundreds of documents and dozens of witnesses will be examined in the trial, the mystery of how so many respected financial analysts, geologists, mining executives and bankers were duped by the Bre-X discovery will likely never be solved.
Probes Could Pinch UnitedHealth TheStreet
IBM in deal with Chinese PC maker Times Online
Rivkin trades 'exposed' AAP
Blodget: The real trouble with mutual funds Slate
Beware funds bearing gifts Macleans
The mutual fund industry is sorry. But you shouldn't forgive and forget.
A rare look at the U.S. strategic oil reserves IHT (NYT)
Hardee's Monster Burger Creates Uproar AP
The combo packs more calories and fat than most people should get in a day.
Yen Rises on Speculation Japan Won't Reverse Currency's Rally BL
US dollar under heavy selling in Shanghai Shenzhen Daily-Agencies
Eurozone ministers accuse US as dollar sinks to new lows AFP
Dr M: Trade in euro, yen, or gold TheStar
Higher pound hits home for investors in British stocks CBSM
Tanigaki: To Take Proper Steps Vs Excessive FX Move DJ
Japan Nov Foreign Reserves $840.09 Billion; Up $2.21 Billion On Month DJ
Price rise in China highest in seven years People’s Daily
Oh, My God! The Chinese Are Coming! Slate  Unhelpful China AEI
Lee Kuan Yew's Contrarian Outlook for U.S. Pesek
The Bear's Lair: Blair's race against time UPI
Trichet should not bemoan the rising euro FT
Bundesbank cuts forecast for German growth next year AFP
Costello warns 2005 won't be easy AAP
Is Turkey the next Argentina? CEPR
BBC to cut 3000 jobs CBSM GM, German unions close to layoff plan WSJ
Four China Aviation Officials Surrender Passports Bloomberg
Bill Clinton Helps Launch Search Engine AP

DOW 36,000 Lives! Glassman

Monday December 6
Should You Buy in the Blazing Hot U.S. Home Market? BL
Dollar Continues Decline Against Euro AP $ Up Against Yen BL
Dollar near lows amid “capital flight� talk FT “Enormous capital flight�?
The Late, Great American Dollar Janszen
Dollar's plunge is a blight, not a benefit MSN (Fleck)
This is what Alan Greenspan's stewardship of the dollar has wrought.
Why the Current Account Deficit Matters   Hussman
US privilege becomes even more exorbitant Guardian
Reducing the budget deficit will not save the dollar, contrary to what many Democrats may think. A bank, hit by a panic, cannot save itself by cutting its advertising budget, raising its fees or firing its staff. And once a rush gets going, jacking up interest rates won't stop it either...
Dollar's fall is an Asian dilemma IHT (NYT)
Look Both Ways: Dog Dollar Days CFO
U.S. Treasury Debt Investors Turn More Bearish on Dollar Drop Bloomberg
OPEC Nations Seen Cutting Worldwide Deposits in Dollars NYT (R)
Oil bounces on possible OPEC cut Reuters
US consulate in Jeddah attacked Guardian Crude up amid Saudi violence C
Protesters Beseige Nigerian Oil Platforms AP
Gold: Bullion bulls vs. share bears Brimelow Maund ~ Murphy ~ Taylor
Europe gold eyes 16-year peak, liquidation threat Reuters
Have investors learned nothing? CBSM
Bubble mentality runs rampant on Wall Street
Hedge Funds Could Be New Bubble NYP
More U.S. home buyers fall prey to predatory lenders USAT
Housing costs create other problems for region SOS
Bush may need to raise tax to cut trade deficit Independent (King)
Strong October Data Ensure Fed Rate Increase BL (Berry)
Treasury chief likely to go soon NYT
The Successor to Greenspan Has a Very Tough Act to Follow NYT
We Pledge Allegiance to the Mall NYT
Goldcorp Agrees to Buy Wheaton River Reuters
Bloomberg expands forex trading FT
SEC Threatens to Sue Former Brobeck Lawyer Over Client's Probe BL
Investment Adviser Warns on Offshoring AP
Kmart Vendors Hit with Fraud Charges CFO
Bribery Charges Stop More Deals CFO
Researchers say the state of business ethics is gloomy DBN
Aon ‘comfortable’ with past behaviour FT
Triennial Central Bank Survey of Foreign Exchange and Derivatives Market Activity in June 2004 BIS
Quarterly Review: International Banking and Financial Market Developments BIS
The Dividend Rediscovered BWeek
Currently 75% of the stocks in the index pay dividends. That's down from 94% as recently as 1980.
Asia Draws Nearer Shocking U.S. Treasuries Pesek
China’s economy: Fear and attraction IHT (NYT)
Talk of a Bubble as Venture Capitalists Flock to China NYT
Mixed-up policy mix links U.S. and Japan Japan Times
Manufacturers' gloom deepens Guardian
Bank urged to prepare for rate cut as high costs and low dollar take their toll
UK 'could see more car plant closures’ Times Online
Germans shine in stock options use FT
Australia: House market bubble bursts DL

Weekend Edition (Dec 4-5)
Dollar's Fall Tests Nerve of Asia's Central Bankers NY Times
Investors weigh how long rally will last AP
Alice in Bond-er-Land Norcini
In the Timing of Options, Many, Um, Coincidences NYT  (Morgenson)
Fraud Allegedly Plagues Energy Trading AP
Insider selling hits $6.6B in November CBSM Thomson Tearsheet
Highest level of insider sales in more than four years.
Bubble upon bubble: the US is being cooked NYT (Friedman)
In times of a weakening dollar and a possible fiscal crisis, the White House is looking for a pliant Treasury Secretary
$, €, ¥: Some historical perspective Norris
Pertinent Monetary Economics from Ralph G. Hawtrey PBear (Noland)
Behold Gold's ETF Zeal Silver and Gold Schaeffers
Bubble Day Morgan Stanley (Roach)
Don't Confuse Me With the Facts Mauldin  PDF
Debt, Growth, and Diminishing Returns EW
The returns from each $1 of new debt in the U.S. economy have been diminishing since 1967.
Want to hear the 'ugly' scenario? G&M
No less an authority than former U.S. Federal Reserve Board chairman Paul Volcker warns that there's a 75-per-cent chance of a dollar-fuelled financial crisis within the next five years, unless Washington adjusts its economic policies.
U.S. Housing Is Looking Bubbly BCA Research
Property taxes rising nationwide CS Monitor
Fewer can afford a house SF Chronicle
Another month, another set of records in Hawaii HS
New futures market to protect against housing bubble Inman
Disney Dissidents End Bid to Oust Eisner AP
Citigroup exec denies unit is for sale CBSM
IBM Hires Merrill Lynch to Find Buyer for PC Business Bloomberg
El Paso Adopts Policy on 'Poison Pill' AP
Treasury doesn’t accuse China of currency manipulation AFP  USTreas
Snow says strong dollar "foundation" of US policy AFP
Brown plans could mean billions more in tax, warns IFS Inde
'Little more than election bribes' Guardian
Halifax first lender to predict house price fall Guardian
Asia/Oceania Weekly Outlook Scotia PDF
The Week Ahead: Who’s Leading Whom? CIBC PDF
Russian bonds haunted by history ~  Russian Debt returns to fashion TO
Switzerland trapped in economic "slow lane" Swiss Info
Playboy goes to China G&M
Ukraine election to be rerun FT

Friday December 3
Gold Ends Strong As Dlr Dives Dow Jones
U.S. Economy Adds 112,000 Jobs, Less Than Expected BL BLS
Treasury Notes Surge BL Dollar Weakens BL
Japan Will Act on Yen ‘If Necessary,’ Tanigaki Says Bloomberg
Central bank keeps quiet about its euro options NYT
The passing of the buck? Economist
America's policies are putting at risk the dollar's role as the world's dominant international currency
The Makings Of A Meltdown Business Week
Why the danger of a stampede away from the dollar remains
A Ruinous Dollar Policy NRO
Currency depreciation does not bring prosperity.
Consumers could get caught under falling dollar MSNBC
The Great Currency Challenge NBR (Barber)
Pass the Buck Mises
When Our Dollars Come Marching Home SH
A Shock 321 (Russell)  Is chief grump getting less grumpy? Hulbert
The US Budget Deficit: On an Unsustainable Path Brookings Institute  PDF File
The Social Security Crisis, Another White House Lie? Baker
Post-Election Rallies Not Unusual Comstock
Many see early exit for John Snow Reuters
More Homeowners Borrowing Against Equity In Their Homes TheDay
Not only were new applications on the rise, but the size of the credit lines appears to be ballooning as well
Pricey land stalls Calif. school, road projects LA D
Red-hot Vegas market cools slightly SH
Has the oil bubble burst? Globe & Mail Oil's Slippery Slide Schaeffers
Dollar Down, Trade Deficit Up... Debunked? Elliott Wave
IPO allure revives, but it isn't 2000 Norris
Value Trounces Growth, Led by the Buffett Brigade Bloomberg
The phone call is dead; long live the phone call Economist
Who wins and who loses as phone calls move on to the internet?
SEC Posts Hedge Fund Adviser Rule On Web Site DJ SEC
Intel: Merrill says 05 double-digit rev growth unlikely CBSM
Chip Revenue Slowdown Expected TheStreet
Rise in Rates Rips Fifth Third TheStreet
N.Y. Times cuts forecast AP
Circulation Scandal Widens NYP
Nokia slips as two executives quit CBSM
Options Grants Probed at Chip Maker CFO
IBM said to put PC business on the block FT
CSFB May Cut Jobs as Costs Outstrip Goldman, Lehman's BL
American Greetings cuts 300 jobs Reuters
United to lay off 825 in U.S. Rocky MN
Indonesia Prosecutor: Evidence Vs Newmont "Incomplete" AP
Ex-NYSE official Langone sued CBSM
Jeopardy! Winner, Tax Loser Business Week
Sexy China Casts Shadows on a Not-Rising Sun Pesek
Firm's trading losses set off global scramble NYT
The disclosure that a Chinese state-run company listed in Singapore had lost $550 million in derivatives transactions in the past five weeks has set off an international scramble to determine who will cover the losses.
Chinese oil chief still missing, Beijing parent firm comes under scrutiny AFP
CAO stake sold 'to cover rising derivative losses' FT
China Central Bank Head: Risk Of Financial Crisis Not High Dow Jones
BoJ should look at side-effects of easy credit policy AFX
U.K. 2005 Home Prices May Drop for 1st Time in Decade Bloomberg
Venezuela to Devalue Bolivar 11 Percent on Jan. 1 Bloomberg
EU rule threat to German banks FT
Three Germans, one US executive of Infineon face jail over price-fixing AFP
Workers robbed of pensions could face new blow Times Online
Yukos Unit Slapped With $300M Claim Moscow Times
Steel crisis may force more Nissan cuts FT
Bank machine dispenses fake money Reuters
Canadian Imperial Bank of Commerce, already taking heat for accidentally faxing customers' financial information to a U.S. scrapyard, apologized on Wednesday after one of its cash machines dispensed fake money.
Rich Russians flex their financial muscles - Art Sales Break Records MT

Thursday December 2
Remarks by Governor Ben S. Bernanke FED
SEC Says Kmart Overstated Its Earnings AP Crude off more than 6% ~ INO
The Dollar's Double Whammy Forbes
Wal-Mart Predicts Weak Dec. Sales as Retailers Falter Bloomberg
Factory Orders in U.S. Rise 0.5 Percent for Fifth Increase in Six Months BL
Retailers Report Disappointing Nov. Sales AP Jobless Claims Up
Oil Declines to Lowest Since September After Heating-Fuel Inventories Rise BL
Dollar Climbs Against the Euro on Speculation Its Slide Has Been Excessive BL
Dollar Drops Against Yen; Tanigaki Says Joint Sales Unlikely BL Gold Up
Asia Stands Divided Against Dollar and Euro Pesek
Japan and ECB mull joint currency move FT
Commentary: Dollar crisis shaping up CBSM
The dollar's fall triggers global jitters Miami Herald
$8 Trillion and Counting G-E (Lewitt)
Why I Think the S&P 500 Is Fairly Valued at 625 Morning
Administration’s Looking Glass Distorts Economic Stats NYP (Crudele)
Trade Deficit Could Lead To Tax Increase NCPA
Their savings, our problem? Setser’s Blog
What, if Anything, Will Sink the Global Economy? Wharton
Real estate as trigger Black Swan
Real Estate Bubble trouble? USNews
The red-hot housing market reminds some of the latter days of the 1990s stock market. How will it end?
Honest Money Part VII Financial Sense
Nothing Ventured, Everything Gained NY Times
“It's a little scary what is going on here.  You're allowing someone to manipulate the market. It undermines the whole concept of linking ownership and control.�
Outlook for chip gear dims IHT (BL)
Ford, GM to make cutbacks, and soon AP
Questioning OmniVision's earnings CBSM
Ex-Exec Settles Insider-Trading Charges CFO
In about face, Giuliani goes Wall Street NYT
Did investors regard real estate as "safe" during the "Japanese Bubble" BIS
Gold and Silver Remain Undervalued FS
Gold fever's back in Ballarat Australian
New wave of gold rush hits China China Daily
Gold Rush Reaches Fever Pitch in China AP
China tries to limit Aviation Oil scandal FT
China keeps tight rein on credit BBC
Fears for UK exports as pound edges close to $2 mark Times Online
ECB rates on hold as growth fades Reuters
German Unemployment Rate Rises to Highest in Six Years BL
Europeans Wary of Large U.S. Acquisitions AP
Dollar's Fall Drains Profit of European Small Business NYT
The Dollar Needs To Decline Against Asian Currencies BCA Research
China weighs dollars and sense of revaluation China Study Group
A second Plaza Accord could prove a nightmare scenario for Beijing.
Too Many BMWs in Shanghai? China Returns to Earth Bloomberg
Just How Cheap Is Chinese Labor? Business Week
US textile importers, retailers try to stop limits on Chinese imports AFP
Japan Inc.'s Real Estate Binge, Part II Business Week
Instead of raising dividends, corporations are buying property. Sound familiar?
EU to sue Greece for erroneous deficit data IHT
Brazil's Coffee Output May Fall 10 Percent as Farmers Switch to Soybeans BL
Feared Sell-Offs Report Elicits Yawns Moscow Times
Manufacturing Boom Ends, Economy Slows Moscow Times
Bombardier axes 2,200 jobs and cuts jets production FT
Computer glitch created bogus construction slump Times Online
US slaps sanctions on five Chinese, North Korean 'proliferators' AFP

Wednesday December 1   Silver Above $8 ~ Gold 16-Y High ~ Oil Plunges
GM, Ford Sales Fall; Toyota, Nissan, Chrysler Gain Bloomberg
Beige Book: Retail mixed, jobs improve, price pressure up CBSM FED
SEC Suspends Trading in 26 Companies AP
Factory gauge accelerates in Nov. ISM
Oil falls; Energy Dept posts rise in distillate CBSM DOE
Incomes Have Biggest Gain in Five Months; Personal Spending Climbs BL BEA
Mortgage Applications Fall MBA  November Same Store Sales Down Reuters
Dollar Weakens; Global Policy Makers Give Sellers ‘Green Light'  Bloomberg
The Containment Area Contrary Investor
The World?s Biggest Excess Morgan Stanley (Roach)
The amazing shrinking dollar Boston Globe Danger - falling dollars Guardian
Dollar Defies Greenspan Fix TheStreet
Currency Currents Black Swan PDF
“One of those times when rising yields are not necessarily dollar positive.�
Scary Bonds Luskin (Nov 19)
Study: Housing Wealth Impacts Spending More Than Stocks NAR
Warning: 60 million boomers 'paralyzed' Farrell
CRB index eases after reaching 23-year high FT
'The age of cheap oil is over' Guardian
Seattle area still in 'deep hole,' says economist Seattle PI
Do Hedge Funds Calm Markets or Inflate Bubbles? Bloomberg
Quantum Founder Rogers Says Hedge Funds Have Peaked Bloomberg
“I'm told there are almost 10,000 hedge funds. With overcrowding, there will be some charlatans and incompetence. You can't have that many smart 29-year-olds around.”
Merck Sued by New York Fund Over Vioxx AP
GM to lay off New Jersey plant workers in early '05 AP
The Bleeding Beast of Bentonville Slate
Wal-Mart's mistake may set off a price war CNBC
Analog Devices Gets SEC Inquiry Notice TheStreet
Nortel CEO says he's red-faced by financial report delay FP
Calpers chief says corporations were out to get him Guardian
NASD Slams 29 Brokers for $9.2 Million NYP
Martha Stewart eyeing reality TV return CNN
American Express Fires Ernst & Young CFO
FAS 133 Led Fannie Mae and Freddie Mac Astray AEI
SEC bows to pressure on trading reforms FT
736,800 ounces of gold up for delivery...to GLD? Nymex
Nymex Warehouse Stocks Nymex
Gold to Average $410 This Year, $450 in 05, SocGen Says BL
Gold Could Hit 17-Year High In 2005 - ANZ Bank BVOM
Indian gold demand grows despite high prices IA
Dollar's Decline Not Enough to Ease US Trade Deficit Concerns VOA
-- Repost: Dollar Adjustment: How Far? Against What? IIE  PDF Files
Overseas investors shy away from US bonds WSJ
Japan and China - The Wild Card in the Bond Market Safe Haven
BOK Heavily Invested in USBonds Korea Times
ECB Cuts 2005 Growth Forecast, Sees Faster Inflation BL
OECD Recap: Clouded Outlook Economist  OECD
Don't Gloat Too Much Asia; Tough 2005 Looms Bloomberg
China's thirst for raw goods booms Newhouse
But its stocks don't match its economy
Speculative money: A hot potato China Daily
Signs That Japan's Economic Recovery Is Fading NYT
Japan Digital Camera Shipments Down 1st Time In 4 Months DJ Data
Asia Can Defend Itself MS (Xie)
ECB warns growth in Europe is stalling IHT
Governor warns of 'lost momentum' Times Online
Australian Economic Growth Slows to 0.3% in Third Qtr Bloomberg
Global Earnings Momentum Still Weakening BCA Research
Sterling hits post-ERM high on solid data T
Taiwan's debt outlook downgraded by S&P IHT (BL)
Canadian GDP: Earmarked for a Slowdown CIBC PDF
Yukos chief sees little hope for oil giant WT
China Aviation Seeks Protection After Bad Bets on Oil BL “Chinese Wisdom�
Oil Firm Losses Shocks Singapore Stock Market Scotsman
The scandal could the biggest case of losses from speculative trading to hit Singapore since trader Nick Leeson...
Dollar's slide leaves Diageo in the doldrums Independent
Investors furious at software share sale Times Online
Citibank Japan chief apologizes in Diet Japan Times
Three Former UFJ Bank Executives Arrested Reuters
Russian Fin Min Official Held Over Alleged Bribery AP
Thai Bourse Probes Natural Park Shares For Insider Trading Dow Jones
Deutsche Bank May Cut About 2,000 German Jobs, People Says Bloomberg
Survey shows lack of finance knowledge Guardian
Ukraine on Verge of Banking Crisis Reuters
Ukraine Central bank acts to prevent financial crisis FT
Kremlin's Ukraine Play Sours Investors Moscow Times
Zimbabweans see no quick relief in reforms Reuters
U.S. slaps tariffs on shrimp imported from China, Vietnam AP
Vietnam seafood industry angry at US anti-dumping duties on shrimp AFP