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Monday January 31
Incomes Jump Record 3.7 Percent in Dec. AP BEA
The income gain would have been a smaller 0.6 percent in December without the one-time $3 per share dividend payment Microsoft
Fed's Closed-Door Meetings Affect Millions AP
Greenspan's choice: Party or pain Business Line
Greenspan’s decisions in February will dictate how history would remember him
From 'non-event' to headline grabber: a Fed meeting is about to get interesting FT
Support for the dollar is ebbing Pesek
Watching America: Will It Listen to Foreigners, or Do as It Pleases? Norris
An Unprepared World Morgan Stanley (Roach)
Cheap Vol Hussman
'January Barometer' predicts a pretty lousy year USAT
Expect soaring home prices to come back down to Earth WP
Worker Salaries Losing to Inflation Reuters
Shoppers added billions to their credit cards this past holiday season OSentinel
Does the Market Know How to Price Al-Qaeda? BL (Lewis)
SBC to buy AT&T for $16 Billion Reuters
Is SBC Rushing into Trouble? Business Week
Kodak buys Creo for $980-million G&M
Warring executives delay gold industry consolidation FT
Google lead in search is narrowing NYT
U.S. begins inquiry into Lenovo-IBM deal Bloomberg
Land of the Giants Time Canada
P&G’s megadeal with Gillette is just the latest in a new wave of merger mania. Investors beware
Gillette directors hit the jackpot This is London
These Stock Options Just Didn't Add Up NYT (Morgenson)
The Genealogy of Wall Street Crime CD (LA Times)
Marsh & McLennan to Pay $850 Million to Settle Spitzer Bid-Rigging Probe BL
Pink Sheets Threshold Securities Listed But Hundreds 'Missing In Action' IBD
What about Gold? Russell
US public Wi-Fi bubble due to burst TechWorld
Massive cow manure mound burns for third month AP
'If you don't take a job as a prostitute, we can stop your benefits' Telegraph
China's Huang, Central Bank Deputy Resist Calls for Yuan Change BL
Decoding China's Yuan Messages BW
Haitong, 2 Other China Brokerages Unveil $800 Mln of Losses BL
Energy Costs Trickle Through World Economy AP
Fall in high street spending set to undermine growth Times Online
Like Comic Relief but with bigger chequebooks Independent (King)
Is your money safe as houses? IC Liverpool
C$ Rise Is 'Major Uncertainty' for Budget-Goodale G&M
City fears grow over illegal share trading Times Online
Yushchenko to 'tackle corruption' BBC
Collapses Zim banks reopen amid confusion M&G
Audit: $9 Billion Unaccounted for in Iraq AP
Companies vie for Iraq's oil SF Chronicle
Crude Oil Futures in New York Decline After Iraqi Election, OPEC Meeting BL

Treasury Investors Less Bearish Before Fed Meeting, Jobs Report BL

Weekend Edition (Jan 29-30)
The Hollow Confidence of Davos MS (Roach)
Iraqi vote turnout tops forecast CBSM
Stocks face the storm  CNN Measure for measure
Gates Bets Against the Dollar, Calls Currency's Status `Scary' BL
“I'm short the dollar. The ol' dollar, it's gonna go down.”
Soros Says Greenspan Lost Credibility Helping Bush Bloomberg
Insiders Send a Signal Mauldin
Currency Countertrends Zeal
Hong choi hin gong?  Mogambo Guru
Is a new bubble ready to burst?  IHT
The Fate of the Dollar Casey
Economic Opportunities are Waning  Sennholz
Believe the Number... Or What Your Eyes Tell You? EW
Fed's yen for bovine policies  Asia Times
Betraying People’s Trust North
Merck stock plunges as judge cuts patent term by ten years Times Online
Juries Go Easier on CEOs . . . NYP
Four years after the bubble burst, U.S. investors no longer seem to mind if their CEOs are living like kings.
Ebbers: I’ll Be Wiped Out  NYP
OPEC Agrees to Maintain Oil Quotas, Suspend Price Target as `Unrealistic'  BL
Saudi Oil Minister Says $50 Crude Poses Little Threat to Economic Growth BL
Secret £1.55bn gold pile backs new trading funds Times Online
One of the largest hoards of gold ever gathered outside a central bank has been accumulated at a secret address in London over the past few months.
Do we say, 'Charge it!' too often? Seattle PI
ECB's Weber-Dollar Risk to Global Outlook Reuters
China, EU Tell Different Economic Tales AP
China to 'phase in' currency flotation Times Online
The Week Ahead: Where Does Truth Lie for the Bank? CIBC PDF
CPI declines for the fifth straight year as deflation continues to dog economy JT
Mortgage approvals fall to five-year low Independent
Long rally in copper is likely to abate Bloomberg
Insider trader 'Walrus' gets five years Guardian

Friday January 28
Buffett: 'It's a dream deal' CNN
Billionaire investor sees longstanding bet on Gillette pay off with one-day gain of $776 million.
Gillette options buying pre-merger news questioned Reuters
“The volume was unusual compared to previous trading days, which will probably prompt an exchange investigation."
Fees for Goldman, Merrill, UBS could top $90 million CBSM
P&G, Gillette: S&P Ratings Outlook Negative BW
Yen Weakens as Spending Drops, China Says No Plan to Lose Peg BL
“I don't think that China will revalue in the next six to 18 months”
Brown calls IMF to sell gold to cut debt Times Online
Germany backs UK on IMF gold sale for debt relief Reuters
U.S. Economic Growth Slows to 3.1% Pace Amid Record Trade Deficit BL BEA
Treasuries Rise After Fourth-Quarter Economic Growth Is Less Than Forecast BL
If China Shuns Dollar, Look Out U.S. Bonds Pesek
At Davos, U.S. is seen as aloof Norris
Global Earnings: Waning Support For Stocks BCA Research
Fool's Paradise Forbes
“We've never seen U.S. companies so dependent on the steepness of the yield curve”
Prevailing Market Sentiment Often Misleading Comstock
The Bull Market is Dead!   Bullnotbull
The Bubble Bowl Forbes
A look at some of the most memorable advertisers from the dot-com bowl
Booms and Bubbles Newsweek
Shiller discusses the enigma of market highs and lows
Factories Humming but Rehiring Is Slow AP
Before You Worry About 1040, You Might Want to Worry About 1160 Sch
Advertising with a new twist Hulbert
2005 Energy Market Outlook Simmons  PDF
A Trillion Barrels of Oil,,, and Prices Rise? EW
There will be no shortage of oil. Not now, not next year, not in 50 or 100 years.
Commodity Strategists: Wheat Prices May Rise 15% Bloomberg
The Poultry Boom Slate
It's never a good time to be a chicken, but now is really awful
Chip inventories fell sharply at year-end Reuters
P&G in deal to buy Gillette CBSM MSFT Beats
Moody's Cuts Merck Debt Rating TheStreet
Airlines End Dismal Year With a Whimper AP
Sears Still Plagued by Weak Sales AP
Caterpillar shares fall as it misses forecasts FT
Amgen warns of pressure on biotechnology   FT
Wal-Mart, Your New Banker? Business Week
Toyota: The car company in front Economist
Riggs Bank to pay $16 million fine NYT/AP
Can the new Congress cut through America's asbestos-litigation mess? E
Lehman Brothers Holdings the subject of SEC probe Bloomberg
PwC Chief Cites Sarbox 404 Delays CFO
Gold ETF Continues to Flex Muscles 321
Barclays COMEX gold trust expected to launch Today CBSM
Is there easy money in China? Blodget
An outsourcing reversal: Chinese firms in US CS Monitor
Poor face APRs of up to 1,000% for credit Guardian
Canadian tech stocks tank  Globe & Mail
Celestica to cut 5,500 jobs  Globe & Mail
BAE Systems to cut 1,400 jobs  Times Online
Sony operating profit down 13% on poor electronics sales in quarter  JTimes
Parmalat auditors' trial gets under way in Milan AP/R
Iraq's moment of decision  CS Monitor 
Political lists to watch CSM
Stakes of Sunday's election look high for Iraq and world
Bush Says Iraqi Leaders Will Want U.S. Forces to Stay to Help  NYT
Companies, politicians warned to heed risks  CBSM
International corporations suffer from "boiling frog" syndrome and are in denial about the daunting array of risks they face

Thursday January 27
U.S. stocks turn lower; Caterpillar saps Dow CBSM
Durable Goods Orders Increase 0.6% BL Census Jobless Claims Up Reuters
2-Day Rally Aside, It's a Bearish January NYT
Is the global economy set for trouble? BBC
The talk of Davos: Dollar and deficit NYT
Weak dollar is all the rage at Davos conference DBreeze
China open to discussing currency at G7 finance ministers meeting AFP
Will Yuan Be Made Flexible First? Bloomberg
$ fades, yen surges -- speculation mounts on Chinese move A
Davos: US consumer ´weakest link´ in world economy AFX
Roach: “The self indulgent American consumer is an accident waiting to happen"
Current Account Deficit of the U.S. - Do We Need to Fret About It? NT PDF
Should the US Government’s Credit Rating be Downgraded to Junk? Rockwell
How to defend yourself from the declining dollar Burns
Central banks dump dollar for euro Asia Times
Fed to consider inflation target: WSJ Reuters
Will It Be Another Sleeper Year for Fed Policy? Baum
Here’s a pop quiz to check your business savvy NYP (Crudele)
Have U.S. Government Bonds Learned to Levitate? Bloomberg
OPEC May Postpone Production Cuts as Oil Rises Close to $50 a Barrel BL
Weird Stuff is Happening.... EW
Freddie Mac CEO downplays housing bubble Reuters
Homes go up, up, up Arizona Republic
Apartments hoping for worst Rocky MN
Privatization fix for Social Security is worse than doing nothing EPI
Bush: Social Security fix worth any political price AP
Thirtysomething for Mister Softee CNN  Mr. Softy, Indeed Schaeffers
Reports: SBC in Talks to Buy Rival AT&T AP
Congress threatens IBM unit sale to Lenovo FT
TSMC warns of shrinking chip market in 2005 FT
Kodak delays results after accounting errors FT Beat Forecasts AP
Flat-panel industry likely to remain flat TT
Red-hot Starbucks plans 1,500 new outlets this year AFP
Jurors hear Ebbers say he's no economist Baltimore Sun
Ex-executive: Scrushy told staff to 'fix the numbers' AP
Retrial begins in N.Y. for ex-Tyco executives Bloomberg
Ex-VP of Internet ad firm charged with fraud Bloomberg
SEC Accounting Chief Eyes Cash Flow CFO
NYSE Chief Sees Growth in Derivatives Reuters
Wall Street advice: Get heavy on metal AP
China: Gold output sets new record Xinhua
It's getting harder to blame China Seattle Times
The value of the American dollar has been dropping almost as fast as temperatures on the East Coast. But there's a difference: Temperatures in New York are sure to rise some day — the dollar may not.
Debt levels ‘will hit market for first-time mortgages’ Times Online
Actions to repossess homes at 6-year high Times Online
Britain needs 11-bn-pound tax boost to keep budget promises: think-tank AFP
Pessimism on dollar gathers in Australia IHT (BL)
Watchdog examines treatment of Allders pension fund Times Online
Iran capital market in disarray,recovery expected IranMania
Merrill sets up venture in China with local broker IHT (BL)
Oil firms fund campaign to deny climate change Guardian
Canada, Russia eye 'bridge' over melting ice cap AFP
Clinton warns on American attitudes Times Online

Wednesday January 26
Economist: China loses faith in dollar CD
Oil Slips From 8-Week High Bloomberg  Gold picks up in Europe Reuters
In face of weak dollar, world fears retreat by U.S. IHT (NYT)
The Shiller interview Money Magazine
Yale economist Rober Shiller worried about stocks in 2000. Now he's worried about real estate
Fed Will Increase Rates Next Month and Afterward Berry
Pimco's McCulley sees Fed caution CBSM
'Confessions of an Economic Hit Man' Wanniski
"Did You Know?" Series, Part One: Stocks Gillespie
Final report on the Bush tax cuts — nearly 50 failures JobW
$1.3 Trillion in Deficits Forecast Over Decade LATimes  CBO
Cumulative total is 60% more than the estimates of just four months ago.
Oh yes, it can happen here Boston Globe
Bush's agenda faces rising budget deficit CS Monitor
UN report warns US to cut deficit Guardian UN
Global growth in 2005 hostage to how dollar and global imbalances unwind UN
The Real Retirement Time Bomb Business Week
Without reform, Medicare premiums will eat away at Social Security benefits
Echoes of the 80's: Japanese Return to U.S. Market NYT
Home sales slow in December: Could they have peaked? USAT
Mortgage Applications Dowjn Last Week Reuters
California housing prices jump 18 percent in December ACBJ
California home prices lock out new buyers Daily Breeze
What $160,000 will get you Realtor
Florida home sales register record year in 2004 ACBJ
Newspaper advertising still in doldrums AP
Ted Turner Compares FoxNews To Hitler Drudge
This Blue-Chip Has the Blues Schaeffers Home Depot
Ford sees lower profits in 2005 AP
SBC Freezing Cash Balance Pension Plan AP To eliminate 7,000 jobs in 05
Oxiana admits gold forecasts are unrealistic Wood
Buy.com Back In IPO Ring CRN
Gold Consolidation Fight Moves to Texas AP
2 Firms to Pay $40 Million Each in I.P.O. Case NYT
Scrushy masterminded fraudEbbers ‘lied again and again’ FT
BlackBerry in a legal jam AP
Martha's daughter has 59% of mom's firm Reuters
NYSE told to show Grasso pay report FT
Investors beware: Earnings quality slips CNBC
Outfoxing SOX Slate
Sarbanes-Oxley banned sweetheart loans to greedy executives. So, corporations are giving them free money instead.
Hotels 'go to the mattresses' WSJ
All the pressure to make hotel beds better is finally forcing the industry to reveal - and start to abandon - its dirtiest little secret: the fact that those colorful bedspreads on hotel-room beds sometimes get washed only a few times a year at most.
Government Seizes Oil Wells It Says Were Bought With Drug Money NYT
The federal government has never before taken control of oil wells as part of a money laundering investigation
Gold Unchanged at Three-Week Low Amid Gains in U.S. Dollar Bloomberg
Gold has moved almost in lockstep with the euro's performance against the dollar in the past month, at a correlation coefficient of 0.9
New York Stock Exchange May Open as Much as 2-Hours Earlier BL
China: A reheated economy Economist
China surpasses US as Japan’s top trade partner FT
Guangdong, the unstoppable 'world's factory' Asia Times
Bottlenecks curb China's excesses Telegraph
New scandal hits Chinese banks TheStandard
Drowned in a sea of debt FT
The end of the affair? Economist
Emerging-market debt has been a sweetheart deal over the past three years. It is almost time to move on
Oil Fuels G-7 Focus on China, India Pesek
Japan's Exports Grow at Slowest Pace in a Year; Electronics Demand Cools BL
Asia swirls in hot money Asia Times IIF
Yen slides as China sticks to its guns FT   The Yen Surges Reuters
German January Business Confidence Unexpectedly Advances to 11-M High BL
Strong dollar slowing growth says central bank as it leaves rates steady CP
Firms may quit US in attempt to avoid rules Times Online
EU warned over debt and pensions Times Online
Allders on brink of collapse Guardian
Hooked on plastic Macleans
I was a hard-core credit card addict -- and withdrawal was painful
$1Bln Tax Bill Feeds New Yukos Anxiety Moscow Times
Hedge Fund Patrol trading suspended New Zealand Herald
Oil tanker hits ship, sinks Advertiser
U.S. Deploys Warship to Oil-Rich African Gulf Reuters

Tuesday January 25
Consumer Confidence Edges Up   Conference Board
Bush Administration Expects U.S. Budget Deficit to Widen to $427 Billion BL
Gold futures fall as dollar gains CBSM Oil Prices Rise on Iraq Election Worries
Oil Prices Fall on Decline in Demand AP
The Simple Truths Of Life Australasian Investment Review
Slower Growth AEI (Makin)
MacroVision 2005 -- The Elastic World MS (Roach)
Earnings estimates too high: report Globe & Mail
This year a 'writeoff' Globe & Mail
Merrill: "2005 may be a writeoff -- we are positive on 2006.”
Deficit triggers rumbling at Fed NYT
Top US debt rating untarnished by weak dollar Reuters
Unloved, Undervalued and Underowned Puplava
Causes and Consequences of Kondratiev's Long-Wave Cycle FSO
Freedom and the Forty Clueless Dingbats Rostenko
2005 Outlook: The Elusive Climax Goldenbar
Calm before the storm? Hulbert
"As Goes January..."? Stock Bulls Better Hope Not! Gillespie
A big rise in interest rates could cost you a bundle NYP (Crudele)
The Greenspan Succession NYT (Krugman)
For VCs, a Virtuous or Vicious Cycle? Business Week
Some industry veterans fear a return to the bubble mentality
Privatize Social Security Before I Spend Your Pension! NT (Kasriel)
Uncle Sam gets an 'F' in money management Jubak
When you watch how the U.S. government mishandles our money, it's clear we're in for years of trouble
This Tax Break's Broken Newsweek
The Jobs Creation Act created an enormous loophole
Bush Wants $80B More for Iraq, Afghan Wars AP CNN: Social Security
Homeowners can expect bigger property tax bite USAT
Survey: Affluent Consumers See Real Estate Bubble National Underwriter
Poll 'shows world economic gloom' BBC
Another 10 years of high oil prices? AME
Oil Prices: The "Top" News Story in 2004 and the REAL Story EW
Wien's 10 Surprises Include Higher Oil Prices Dorfman
Microsoft will not fight sanctions FT
Berkshire's Buddy-Board Flunks Independence Test Bloomberg
Lehman eases GM ‘junk’ bond concern FT
Vioxx removal drops Merck's 4Q 21% Reuters
Infineon to Close 3 Fiber-Optics Plants   AP
Kmart properties may be overvalued Chicago Tribune
HP's PC biz braced for SAP hell TheRegister
Citigroup traders face criminal probe in bond case FT
"There is concrete evidence that they attempted to push up the price [of the bonds] artificially and then take advantage of that”
SEC charges Penthouse with accounting fraud Dow Jones
Former HealthSouth CEO Goes on Trial AP
The Ebbers Trial's Stars and Extras BW
Scambuster Inc. Time
Barry Minkow, felon, is helping the feds uncover fraudulent financial schemes
Short-Seller Elgindy Guilty of Securities Fraud Dow Jones
Kaufmann's settles charges on phony 'sale' prices PPG
Workers Get Class-Action OK in Boeing Suit AP
SEC ends probe of Corinthian Colleges FT
Darling of doughnuts in a sour situation AP
Wary Auditors, Clients Worry FASB's Herz CFO
Accounting flaws pose legal threat to US firms Times Online
Nearly 600 listed US companies face investor lawsuits and higher borrowing costs after admitting “material weaknesses or significant deficiencies” in accounting procedures
SEC poised to ease rules for foreign listings   FT
Going for the gold G&M  Gold waits on the Fed MineW  Who Knows Best? AIR
Euro Falls After Europe Urges Stronger Dollar, Asian Currencies BL
US dollar's slide 'more dangerous than house price fall' Times Online
China's Economic Growth Unexpectedly Accelerated to 9.5% BL
Asia/Pacific: The Market Is Dead MS (Xie)
Yuan revaluation: Little Impact seen on US deficit India Times
RMB Appreciation to create its own bubble? China Newsweek
China halves tax on stock trading to boost market Lateline
China plans fund to revive markets TheStandard
Key to curbs lies in banks' reserve ratio TheStandard
China seeks to curb corruption in big SOE Xinhua
Will coal bury Kyoto? Macleans Shenzhen DailyCoal Prices EIA
The good news: Asia's hunger for coal is reviving mines in eastern and western Canada. The bad news: we may be facing an environmental calamity
Rising costs put the brakes on UK carmakers Times Online
The 130% mortgage This is London
Canadian Interest rates expected to stand pat Globe & Mail
Does CPI surprise seal a rate rise? Australian Financial Review
Venezuela Tensions Worry Oil Executives NYT
Venezuela's Robin Hood   CS Monitor
A Niche For Russia Gateway to Russia
BP chief's remarks enrage Iran Guardian
Matsushita Electric to cut more than 1,000 jobs EETimes
Marks & Spencer Shares Are Living on a Prayer Bloomberg
Man held after DTZ cash goes missing Telegraph
Dubai Gold and Commodities Exchange finalises structure Gulf News

Housing Market Bubbles and the Fed: The Higher They Blow, The Harder They Crash...or Why We May Need Houdini after Greenspan... Roub Blog

Monday January 24
U.S. Stocks Decline, Extending 2005 Slide; Nasdaq Falls to Two-Month Low BL
So far, the bears have the advantage Brimelow
Oil inches higher on weekend blizzard Reuters  Touch $49
Tradable black gold? CBSM
Oil ETF under development, but faces regulatory hurdles
SEC eyes suspicious Travelzoo trades Reuters
Starting Valuations Matter Hussman
Averaging historical P/E multiples and returns over periods of generally rising valuations is a dangerous way to estimate future investment results.
Behind the numbers, Fannie Mae, GM are struggling MSN (Fleck)
$ at mercy of central banks FT Foreigners buying slice of America LATimes
In 2003, the most recent year with full international statistics, central banks financed 83 per cent of the US current account deficit, with Asian central banks accounting for 86 per cent of flows.
Central banks shift funds away from US FT
John Snow's Selective Vision on Dollar Pegs Pesek
U.S. to Lead Bond Sales This Week; Japan, Germany Also to Sell BL
The U.S. sell about $32 billion of bonds this week
U.S. Treasuries May Remain Strong Taylor
Viewed from the sidelines, even bonds look hazardous Dallas Morning News
 I'm finding it extremely difficult to find anything to invest in these days. And I'm not alone.
When monetary tools start to lose their edge Independent (King)
Markets At A Glance Road To Ruin Sprott PDF
Giant in decline Asia Times
Crude Oil Rises as Snowstorm Raises Heating Fuel Demand BL
Survey: Gas Prices Up More Than 5 Cents AP
Home-equity loans hit record $431 bil in 2004 WSJ
Reading Quarterly-Profit Tea Leaves WSJ
“Cash doesn't lie. A company can report positive earnings and still go bankrupt.”
GE is tops for boosting bankers' bonuses FT
Google gears up for a free-phone challenge to BT Times Online
Lex: General Motors bonds FT
General Motors' bonds are junk in all but name
GM Says Selling Bonds in Europe Is `Less Attractive' After Costs Increase BL
Silver's promise lures junior resource firm Globe & Mail
Numbed by the Numbers, When They Just Don't Add Up NYT
New Stocks, Same Old Problems Morgenson
51% of the companies that went public last year had poor to very poor governance practices. That's even worse than the 37% of new companies with dubious governance identified during the maniacal stock market of 1999.
Accounting miscues becoming more common in America Pittsburgh PG
Auditors afraid of making judgments, says FASB chief FT
FASB’s Katherine Schipper said the board was discussing some "fairly dramatic proposals" aimed at simplifying and improving its standards on financial instruments.
Trimming Hedge Funds Business Week
The industry is booming now, but new rules, sub-par performance, and copycat mutual funds with cheaper fees may spark a shakeout
Penny-Stock PayDay NYP
Beware of college financial aid scams AP
Why the credit bubble may yet burst Times Online
Are Britain and the United States in the midst of the mother and father of all credit bubbles?
Mortgage market looking grim This is London
First-time buyers face price woe BBC
Fury over banks' £30bn bonanza This is London
Is Aim a bubble waiting to burst? This is London
Speculators and analysts bet Malaysia will change currency peg to dollar AFP
Euro Gains After Survey Shows Central Banks Increasing Holdings Bloomberg
ADollar rallies over US1¢ AAP
China expects auto sales growth to keep slowing in 2005 AFP
Two Bank of China officials flee after 120 million dollars go missing AFP
NAB traders in court The Age
Mr Bullen has written a
book about the affair, but his three co-accused have remained silent.
Citigroup Resolves Legal Dispute Preventing Sale of Brazil Fund BL
Monsanto targets seed 'piracy' AP
`Davos Men' Go to Holy Mountain to Ponder Globe, Confess Sins Bloomberg

Weekend Edition (Jan 22-23)
Elvis has left the markets NY Daily News
Stocks are off to their worst start since 1977
Investors Seen As Skittish on Risk Taking AP
Dollar, Iraq to shadow Davos summit CBSM
Deficits May Be Wearing Thin at the Fed NYT
Why Greenspan Isn't That Worried Business Week
The Mystery Of The Sleeping Long Bonds Business Week
Investors could create a 'bubble' Bellingham Herald  Calverley Amazon
China: One Coin, Two Faces Mauldin
The China Syndrome, Part 1 Financial Sense
Curse of the Trading Range 2 Zeal
Inflationist Watch PBear (Noland)
The Supply of Oxen at the Federal Reserve Financial Sense
Northern Trust's Kasriel: Economy, Social Security and Fed Bloomberg (Radio)
Bush plan involves Medicaid, other cuts AP
Bush Makes False Claims About Social Security Berry
Skimming the 401(k) CBSM
Playing Penny-Stock Roulette NYT
Fannie Mae to Withhold Executives' Bonuses AP
Ford workers protest outsourcing Reuters
IBM Sale of PC Unit to Lenovo Faces Security Hurdle, People Familiar Say BL
Discount Brokers Feel the Pinch Business Week
Copper Mountain to Cut Most Staff AP
Powell Outage NYP
U.S. Importing More Liquefied Natural Gas Reuters
Technology Stocks in Europe Decline on View Sales Growth May Slow BL
High street hit by worst December sales figures in 40 years Independent
The Week Ahead: Bracing for Q4 Earnings and the Bank   CIBC
Abolish the IMF Auerback
Mystery in Iraq as $300 Million is Taken Abroad NYT
UBS, Adviser to Argentina, Tells Clients Bond Restructuring Offer Is Low BL
China suffers blackouts due to severe power shortage in winter BL
Dead people get £400m in pensions Times Online

Dollar May Gain Against Euro for Third Week in Four, Trader Survey Finds BL

Friday January 21
Gold Rises as Higher Oil Costs Boost Metal as Inflation Hedge BL
U.S. Consumer Confidence Unexpectedly Falls; Michigan Index Slips to 95.8 BL
Spending Capital Wisely MS (Roach)
Market's Ugliness Is Rational TheStreet
Market Running Out of Time Comstock
Is January special after all? Hulbert
Dangerous complacency increases investors' appetite for risk Australian
I never get the twenty bucks, dammit Mogambo Guru
"Debt is Good - So Preach the Experts OpEd
U.S. 10-Year Yield Will Rise to 5%, Bond Firms Say Bloomberg
Shades of the Dollar Standard Sennholz Dollar crisis possible WSJ
The Free Lunch Bunch NYT (Krugman)
President Bush is like a financial adviser who tells you that at the rate you're going, you won't be able to afford retirement - but that you shouldn't do anything mundane like trying to save more.
U.S. Municipalities Try to Borrow Way to Health BL
December Book-to-Bill Falls TheStreet
GE Earnings Up 18 Percent in 4th Quarter AP
Delta Caps Worst Year in Airline History AP
Boeing warns over US spending cuts FT
The budget memo suggests a $5bn cut in the programme over the next six years
Still struggling, Euro Disney to sell more shares Norris
Goodyear considers restructuring Reuters
Fannie Mae bonuses come under scrutiny WP
Judge orders IBM to hand over code FT
Lawyers Plan Attack on Merck Over Vioxx AP