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Weekend Edition (July 30-July 31)
The Week Ahead: A Long Hot Summer CIBC
The Fallacy of International Comparisons Roach
A Chinese/Asian Currency Zone? Wanniski
India - The Next Big Player Mauldin
Just the Facts II Noland
Madness on main street Observer
Booming real estate prices cloud the view from the top FT (NYT)
At arm's length, nine signs of a bubble AXcess
Yellen ponders real estate slump CBSM
The luxury home market is booming CNN
IMF warns high oil prices could hurt US economy AFP  PDF
Senate Panel OKs Fannie, Freddie Bill CFO
A Consuming Folly Mises
The Social Security Sting! One of the Great Scams! Howe
Counterparty Risks under the Lens CFO
The war of the wires Economist
Wal-Mart sees July same-store sales up Reuters
Home Depot Gets Subpoena TheStreet
Altera CFO Apologizes to Equity Analyst CFO
Wendy's Int'l to Spin Off Tim Hortons AP
Ballmer talks up Microsoft stock IHT (NYT)
SEC Investigates Indiana Brokerage AP
A Golden Solution To The China Syndrome? Forbes
With Interest: 'China model' is tough to copy IHT
No more China on the cheap Jubak
Asia Pacific: How Long Can the Liquidity Rally Last? Xie
Consumer borrowing grows at slowest rate for four years Times Online
Foreign banks under fire in Parmalat case IHT

Friday July 29
Economic Expansion Surpasses 3% for the Ninth Straight Quarter BL BEA
Treasuries in U.S. Decline After Report That Economy Expanded 3.4 Percent BL
Crude Oil, Gasoline Prices Jump After Explosion at BP's Biggest Refinery BL
A High-Risk Market Comstock
Bear Market Rally Shilling
Treasuries rally, yield curve flattest in 4-1/2 yrs Reuters
Signs of Distress in the Effervescent Housing Market? NT
Getting a Mortgage Becomes Ever Easier WSJ
Broker Offers Tips on Speculating in Real Estate ABC
In-Home ATM Provides Fast Cash Wall St. Examiner
Card costs: Are you getting slammed? CNN
Senate Panel Passes Bill On Fannie, Freddie WP
Silicon Valley's Risky Complacency Business Week
Silicon Insider: Faking It, CEO Style ABC
Morgan Stanley Will Eliminate About 1,000 Jobs From Retail Brokerage Unit BL
Slow Summer for La-Z-Boy TheStreet
Interpol-Sought financier finds quiet life in Jersey NYP
Senate Banking Committee Endorses Cox CFO
Regulation-- A lesson for chief-to-be Norris
The great Chinese currency shift that wasn't Berry
Senators urge China to further boost yuan AFP
WTO chief warns trading nations to bridge differences by October AFP
China, India Get Mired in Verbal Quicksand BL
German Retail Sales Unexpectedly Drop on Higher Oil Costs, Unemployment BL
Berlusconi: Euro 'screwed everyone' Independent
Currencies: Berlusconi jibe fails to dampen the euro IHT (BL)
Guessing game starts in Italy over banker IHT
House price growth at new low Guardian
Real estate 'bubble warning' for Vancouver, Victoria CBC
Shell's woes mount as it admits cost overruns and delays Times Online
CNOOC Nixes Report of Dumping Unocal Bid AP

S&P, Nasdaq Climb to Four-Year Highs AP

Thursday July 28
Oil tops $60 market digests data CBSM
Greenspan Sticks to Safe Investments AP
Jobless claims up, but below estimates Reuters
"They’re" Winning Pimco (Gross)
Job cuts signalling economic peak? Globe & Mail
“We may have reached the tipping point for this period of lacklustre economic expansion” ~ John Challenger
U.S. Equities: Insiders Are Unloading BCA Research
It's a scary new world Mogambo Guru
Can Americans Compete? Fortune
The core rate of frustration KC Star
No matter what the government says, de facto inflation is gnawing at consumers
Mortgage Lenders Loosen Standards WSJ
Mortgage lenders are continuing to loosen their standards, despite growing fears that relaxed lending practices could increase risks for borrowers and lenders in overheated housing markets.
Trapped in the Bubble NYT
Fears of US property bust revive on record new-home sales AFP
Survey: Growing risk in South Bay housing market Mecury News
Doomsday: The Final Months of the ‘Housing Bubble’ DV
The Allure of Cold-Hard Cash Schaeffers
Jim Rogers: Hot on Commodities Investmest U
After Greenspan, who's next for the most difficult job in the world? Guardian
Bush Plan to Curb Tech Exports to China Threatens Intel, Boeing BL
Central American Free Trade Agreement Approved by House by Two Votes BL
Can we starve the beast? Bartlett
Gateway delays earnings report CBSM
GM finance arm warns it could cut lending FT Car lenders' heyday ending DFP
Sony Slashes Forecast as TV Prices Drop, PlayStation Costs Climb BL
Hitachi Reports $214 Million 1Q Loss AP
Countrywide Profit Drops as It Retains More Loans LAT
Delta memo fans bankruptcy fears BBC
Wal-Mart Sues Former Top Executive AP
Sunoco to Pay $3.6 Million Over 2000 Spill AP
Microsoft Releases 'Vista' Beta TheStreet
What's Wrong With Payola? Slate
Heavy metal Economist
Copper hit an all-time high this week, after China announced plans to revalue the yuan. Why?
Searing heat strains U.S. power grid Reuters
Money: The last Laffer World Magazine
Ron Paul`s Great Question Wanniski
Don't Start a Trade War With China Paul
Senate sets SEC vote, Cox foes seek delay Reuters
The Coming Trade War -- Part 4 Asia Times
Scarcity economics and overcapacity
Central bank said cooling yuan down Reuters  A yuan yawn LA Times
Will "Hot Money" Chase the Yuan? BWeek  Whats Ahead ~
Traders decrease yuan bets Standard
Gov't to bail out poor financial institutions China Daily
De-Pegging Ringgit May Uncork Malaysian Boom Pesek
Mexico, Brazil Cut 05 Growth Forecasts Amid Higher Rates, U.S. Slowdown BL
BOJ keeps ultra-loose money policy Japan Times
Increase in repossessed homes hits 13-year high Times Online
Hawk warns on slowdown as repossessions hit 13-year high Inde
Hedge fund launches soar to record Times Online
'Payout culture'a myth, says TUC report FT
Chinese Firms: Taking a Gamble on Finding Customers Abroad Wharton
China launches campaign to counter critics in US FT
Central government calls for redressing financial malfeasance People’s Daily
10.6 bln yuan misused in Guangdong Shenzhen Daily
Japan to impose first-ever retaliatory sanctions against US AFP
Unions in fury over Time's collapse Independent
Employees vent anger at O2 annual meeting Guardian
Former Telstra director fined, banned for insider trading AFP
Italian bankers caught on tape Guardian
In a statement, the Bank of Italy said it had "acted correctly".
Germany ponders extent of corruption as heads roll FT
Court cancels debt that grew from £6,000 to £380,000 Guardian

Wednesday July 27
U.S. economy gaining strength CBSM FED
Oil Nears $59 a Barrel on Supply Report AP EIA
Another new home sale record in June CBSM
U.S. June Durable Goods Orders Unexpectedly Increase 1.4% BL Census
Mortgage applications down Reuters
A Snowball in the Making: China's Basket of Currencies Merk
Greenspan Not Easily Led by Leading Indicators Baum
Greenspan Hints at Risk-Free Trade in Treasuries Gilbert
What FOMC Immunity? Bugos
Financial Insiders: Abandon Ship, Abandon Ship! BCA Research
Merrill cuts Citigroup, Bank of America to neutral CBSM
Speed bump Kellner
A funny thing happened on the way to solid economic growth over the next few quarters: a sudden spurt in layoffs.
Dollar May Gain as Gap in Bond Yields Approaches Five-Year High BL
“The markets overreacted to the Chinese revaluation”
Gossipy Guide to `Mass Hysteria' Over Manhattan Real Estate BL
As home prices rise, so does buyer risk USAT
Should you cash out while you can? Money Magazine
As home prices soar, you're nuts not to ask.
Power companies warm up to summer heat Reuters
Cost of electricity rising like summer heat CS Monitor
Beach Balls Schaeffers
Bumper year for leveraged loans FT
Bankruptcy filings rise as change in laws nears USAT
Next generation learning our bad spending habits HChron
California Fashion Includes Refinancing, Bankruptcy BL
California Leavin' Forbes
Amazon.com 2Q Net Profit Falls AP
Boeing Profit Dips, 2005 Outlook Raised AP MSO - K
GMAC will sell up to $55 billion in auto loans AP
Airlines Face Bleak Horizon TheStreet
U.S. to give a 2nd look to Cnooc's bid BL
Lexmark Cutting 275 Jobs TheStreet
An Analyst Receives a Time Out From Altera NYT
Toyota, Moving Northward Krugman
Krispy Kreme must supply all stores, even troubled ones AP
GM to end its employee-discount program MSNBC
Former Qwest Exec Settles SEC Allegations AP
SEC Sues Two on Merix Trading TheStreet
FBI investigates death threat in battle to block NYSE merger Times Online
Cox Pledges Support for Options Rule CFO
How To Invest Like a Supreme Court Justice Slate
White House To Withhold Nominee's Tax Returns AP
Is There an Extra Ingredient in Nonstick Pans? NYT
An Empirical Evaluation of Structural Credit Risk Models BIS
How Scary Is the Deficit? Setser
Our Money, Our Debt, Our Problem
Never mind the price, gold still dazzles Asia Reuters
China: What Can 2% Do? Xie
BOJ Keeps Reserve Target, Holds Rates at Almost Zero
Hangzhou property market 'cooling down' China Daily
Rates must fall, insists CBI despite upturn at factories Independent
Trade deal in Congress troubled by globalization doubts CS Monitor
UK's top computer firm lays off staff and closes stores Guardian
Brazil's Lula Shuns Tainted Friends to Bolster Election Hopes BL
Monthly FX Outlook CIBC PDF
Malaysian Peg Change to Boost Economy, Moody's Says BL
Thai Baht Falls After Trade Deficit Widens to the Highest in Nine Years BL
Strong Dollar Drives More Cash Overseas Moscow Times
Asia Central Banks Start Bond Funds to Lure Investors BL
Great black north is an oil power Ottawa Citizen
China, unlike the U.S., grasps Canada's growing influence as an oil-exporting nation
Credit card default penalties too harsh, says watchdog Guardian
Loan shark who charged 8,000% is sent to jail Guardian
All insurers told to probe payouts Japan Times
Honda workers in India in violent clash with police Japan Times
Poll: Most believe U.S. won't win war USAT

Tuesday July 26
Auto Sales Expected to Hit Four-Year High AP
Consumer Confidence Dips on Job Worries AP Conference Board
If there is ever a run on the dollar, blame Greenspan - not Beijing Brookes
Greenspan Has Spoken, China Is Revaluing And I'm Reevaluating Kasriel
Can the Fed Achieve a Goldilocks Tightening? Makin
Greenspan Era's Few Downturns Fuel Spending Spree BL
Mr.Greenspan, care to reconsider? Inside Wall St.
Homeowners afraid housing bubble will burst News-Sentinel
Home Builder 'Babies' / San Diego / Yuan   Russell
Bubble's fallout? Two views DiMartino
Keeping an eye on the bubble St. Petersburg Times
Are bubbles only seen in retrospect? Hulbert
US urged to issue 30-year paper FT BMA
Moody's finds link between high pay and credit risk Dow Jones
Fidelity Says SEC Staff May Recommend Civil Action in Gift Investigation BL
Wells Notices for RenaissanceRe Execs CFO
Sony agrees to $10M 'payola' settlement AP
The Bush Family Connection To CNOOC’s Bid For Unocal Crudele (R)
Hedge Fund Probe Ensnares SEC Big NYP
2 Connected to Reinsurer May Face U.S. Action NYT
TI net rises 42%; sales flat - IP Profit Falls - DD
Wal-Mart's China Card Business Week
The Golden Constant Saville
China CB Says Yuan Rate Won't Be Changed in `Foreseeable Future' BL
Mainland property cools as curbs bite Standard
U.S. firms join China mall surge IHT (NYT)
Is the Euro Forever? Mises
The Economic Framework for Flourishing Pensions Smithers
Pensions savers to pour £10bn into house markets Times Online
Hubble bubble trouble over in Iran IranMania
Conspiracy theories swirl around Danone's phantom takeover threat AFP
Ex-Shell chief seeks to clear his name Guardian
Commerzbank linked to Russia money-laundering inquiry IHT
Depositor Seeks Lost Savings in Strasbourg Moscow Times

Monday July 25
China's Rebalancing Tactic Roach
HBoom Shows No Sign of Peak - Home Resales, Prices Hit Record BL NAR
Roadblocks May Stall Wall Street Rally AP Earnings Season Continues WSJ
China Revalues Hussman
Countdown to a Meltdown Atlantic Monthly
Running On Empty? Yeald
U.S. Borrowing Costs May Increase to Highest in Four-Year at Debt Auction BL
Buy the VIX index for renewed volatility! Faber
Happy 81st birthday, Richard Russell! Brimelow
Will China's float sink the housing bubble? MSN (Fleck)
First-time buyers' wild ride CBSM
Homebuilders Are About to BARF Safe Haven
Untangling pensions CS Monitor
Waging war on payday lenders Det FP
Maytag Hesitant to Open Books to Whirlpool AP
Shareholder Presses Unocal Board on Bid AP
Next version of Windows named 'Vista' AP
Gas Prices Drop Slightly After Record High AP
China: Hedge Funds May Delay Yuan's Full Convertibility BL
China won't make its currency fully convertible for at least five years because it worries hedge funds may force the yuan to plunge
With Yuan Move, China Shows It's Got Game Pesek
Who's Afraid of China Inc.? NYT
How China Influences U.S. Rates WSJ
Beijing's currency gesture fails to defuse threat of US protectionism King
China: Fooling the world? Fosters
China tightens grip on the global purse strings Guardian
Soaring forex reserve a challenge Xinhuanet
Bank of England Rate Split to Dominate 100th Vote Gilbert
Economic slowdown 'could lead to £18 billion shortfall' Times Online
Workers 'do not believe pensions warnings' Times Online
Not for sale in housing bubble Australian
Tax scam probe widens to 500 Australian
Olive oil prices set to soar as drought hits crops Times Online

Treasuries May Fall as China Fuels Inflation Concern BL

Weekend Edition (July 23-24)
Those Clever Chinese Mauldin
Just the Facts Noland
Trading Gold Volatility Zeal
The Pension Crisis is Upon Us Chapman
The Week Ahead: China and Treasuries CIBC PDF
China's freer yuan brings risk of speculators NYT
Stronger yuan won't cure US trade gap Reuters
Beijing's 'Thursday surprise' Asia Times
Unpegged yuan to impact firms Japan Times
Surfing the Tsunami Safe Haven
Silver Is Money : Behold A Pale Horse - Part Four - A   Gnazzo
Whirlpool lifts Maytag bid   Reuters
EU Wins Renewed Attack on US Tax Breaks for Companies at WTO BL
Industry sinks back into recession Guardian
Pressure on Bank of England with growth rate worst in 12 years
China's oldest carmaker buys MG Rover for £60 million TO
UBS case: SAT chief quits Sify
Egyptian resort town blasts kill scores CNN

Revaluation could be the pin that finally pricks America's bubble economy AJC

Friday July 22
High expectations weighs on Google; $400 target slapped CBSM
No Bottlenecks without a Bottle Roach  The Rise to Ruin Faber
Whither the Yuan? WSJ
The beginning of the end for Bretton Woods 2?
Beijing policy a dollar short NYT
A double-edged sword for China FT
How far will it go? Econ Making sense of China's choice FT
Chinese Revaluation - A Long March CIBC PDF
Who Says No One Rings a Bell? EP
China to the rescue? Kellner  History of RMB Wikipedia
Stop Partying John Snow -- GDP Forced China Pesek
China Revalues; Trade Gap Still a Basket Case Baum
China's Currency Change May Ultimately Mean Little WP
Tony Fratto, a U.S. Treasury spokesman, said the department's understanding of the new system was that the yuan would be allowed to rise by the maximum amount day after day...
Greenspan's Real Concerns Comstock
Greenspan Points to Dangers of a Volatility Trap Currier
Risk-taking for workers-- A new day Norris
The Alan Greenspan era, which is drawing to an end, deserves to be remembered as the era in which many millions of Americans were forced to become gamblers.
Fed looked to still more rate increases, June minutes show AP Minutes
Interest rates are headed higher in the long term Kitco
The Prick That Bursts The Housing Bubble Forbes
Assessing the Demand for Residential Real Estate PBear
U.S. home market is hot, but Europe's sizzles USAT
Closing-cost maze spawns document-review services CBSM
Workers today near retirement more vulnerable and with lower pensions EPI
Insuring America's Workers in a New Era of Offshoring Brookings
Thoughts on Volatility Schaeffers
Funds take in $1.5 billion in week CBSM
Fitch adds voice to concerns over hedge fund risk IHT
Warren Buffett goes RV'ing as Berkshire buys Forest River AP
Ford may cut 30% of North Amer. salaried jobs: WSJ CBSM
Kimberly-Clark to Eliminate as Many as 6,000 Jobs, 10 Percent of Workforce   BL
ACE Restates over Finite-Risk Accounting CFO
Vioxx lawsuits snowballed in 2Q CNN
Scrushy asks court to throw out SEC suit AP
Two indicted in alleged mortgage fraud Rocky MN
As prices climb, more drivers flee pumps without paying CS Monitor
FAS 123R Reining in Tech Options CFO
Asian Currencies Surge, Led by Taiwan Dollar, Won BL
Yen Falls on Speculation Japan to Sell Currency BL
China's Yuan Decision Is `Just Beginning,' Tanigaki Says BL
Malaysian Ringgit Rises on Peg Removal, First Gain in 7 Years
Malaysia currency stands ground after peg scrapped Reuters
The Yuan: A Baby -- but Key -- Step BW What Happens Next?
Sens Schumer, Graham Suspend Vote On China Tariff Bill DJ
Chinese initiative unlikely to satisfy US protectionists Inde
China's move may offer small relief for US's deficit blues TO
Oil Rises on Speculation Yuan Revaluation to Boost Demand BL
China's Demand for Oil, Copper May Rise as Yuan Gains BL
Revaluation planned far in advance Times Online
China Inc. reels, rejoices, recoils over yuan move Reuters
China: Booming Inner Mongolia Xie
Surprise retail sales rise gives Bank rates dilemma Times Online
US Congress to consider blocking CNOOC bid for Unocal AFP
The French are in a tizzy over rumours of an American bid for Danone Economist
US jury orders French firm to pay 700 mln dlrs, but decision in doubt AFP
Zim defiant over loan conditions Mail & Guardian
Iraqi refugees spur housing boom CS Monitor
Money 'keeps unhappy couples together' Guardian

Thursday July 21
GOOG net rises more than fourfold, shares slumpMSFT’s outlook lags
What Greenspan didn't know CNN
Greenspan says yuan step a 'good start' Reuters
Philli Fed Reports Modest Increase in Activity PFed
The U.S. Leading Index Increases Sharply Conference Board
China Allows Yuan to Strengthen Against Dollar BL
Yen Soars After China Lets Currency Fluctuate BL
Treasuries Drop After China Allows Currency to Strengthen Against Dollar BL
Dollar decline against yen translates into drop vs. Europe CBSM
London rocked by apparent attacks CBSM
Initial Jobless Claims Fell 34,000 to 303,000 Last Week BL
Choice of Poisons Mogambo Guru
Another tech-stocks bubble? Buttonwood
Internet firms are all the rage again. Another triumph of hope over experience?
There's no bubble; it's a dream economy Burns
Direct investing in oil and gas, real estate back in limelight CBSM
Limited partnerships are back, with some of the same warnings from the '80s
Deflation is NOT a Pure Monetary Phenomenon M2
Greenspan points to “significant uncertainties” in US economy WSWS
Mortgage Salesman Pitches Fast Loans WSJ
Area rental prices ignore housing bubble SF Chronicle
Top title insurers settle with California regulator MarketWatch
Ohio moving to block land seizures AP
Two airlines back in the black AP Continental's profit could be fleeting HChron
Citigroup files $300M shelf Reuters Weill proves you can take it with you CBSM
Honeywell to cut 2,000 jobs in aerospace division AP
Nokia plunges on outlook Reuters
Ericsson Profit Rises 18% ~
Microsoft Will Swallow RSS PC Magazine
Photo companies struggle to keep up with digital revolution Seattle PI
School Spending To Cool NYP
Grasso - Fighting Words NYP
Scrushy forced to turn over $17 million NYP
Berkowitz to Head Enron Task Force CFO
Enron jurors acquit on some charges, deadlock on others AP
Real estate broker accused of equity skimming Arizona Republic
SEC Probes Fidelity Ties To Front Running NYP
Brokers: Employers encouraged lavish parties to woo Fidelity's business BG
Gold: The Long And Short Of It Forbes
End of the US-China honeymoon Asia Times
Chinese set back in efforts to buy into U.S. IHT (NYT)
Chinese Oil Firm to Stick With Unocal Bid AP
Cnooc May Drop Unocal, Seek Marathon, Amerada, Murphyl BL
Joined at the Hip Friedman
Start Expecting Less From China AIR
China's GDP Report to Boost Yuan Speculation BL
Is A Renminbi Revaluation Imminent? BCA Research
IMF says China technically ready for yuan move Reuters
China to Allow Stock Options as Employee Incentives BL
Mills fight iron ore prices Standard Demand Slows, but the Mills Keep Churning
A new bubble for Asia, but less cause for alarm Reuters
City banks on interest rate cut after close MPC vote Times Online
'Golden rule' is saved by sleight of calendar Times Online
Corruption 'skyrockets' in Russia BBC
Contemporary Indian art gains stature on a global canvas CS Monitor
Many pieces go for $50,000 to $70,000, and are thought to be a reliable investment.
WTO probes EU-US air trade battle BBC
US, Canada end lumber talks without resolution AFP
Singapore Min: Government To Step In If Property Rises Excessively DJ
Shell failed to disclose spiralling costs in merger prospectus Times Online
Mugabe to beg China for rescue Inde (Zim)
Just what are credit derivatives? Rediff

Wednesday July 20
Greenspan sees good times ahead CBSM Testimony
Stock futures fall further on GM loss AP Mortgage applications rise MBA
Is The Fed Bent On Inducing A 2006 Recession? Kasriel
Greenspan May Remain Chairman a Little Longer Berry
US housing bubble expected to spread FT
Funds expect US rates to reach 4% FT
Who Suffers From Inflation? Gross
It's not you. It's rich people
The Inflation/Deflation Debate Continues Taylor
Debt, Delusion, Deception Daily Reckoning
Chevron Raises Unocal Offer to $17.1 Billion in Contest With China's Cnooc BL
Unocal backs sweetened $17 bln Chevron bid WP
Maytag Says China's Haier Drops Out of Bidding Contest, Leaving Whirlpool BL
JPMorgan Chase Profit Is Smallest in Four Quarters Amid a Drop in Trading BL
GM Reports $286 Million Loss as Surging Costs Erase Benefit of Sales Gain BL
Kodak Posts Second-Quarter Loss, to Cut an Additional 7,500 to 10,000 Jobs BL
PNC to cut 3,000 jobs, save $300 million PPG
DuPont sued for $5bn over Teflon cancer claims Times Online
Microsoft sues Google over search expert's defection Guardian
Sun Communities Receives Wells Notice CFO
CIBC to settle mutual-fund trading charges-WSJ Globe & Mail
Money Doesn't Buy Happiness -- But Nothing Does BL
Deja Vu Voodoo Economics...or Supply Side Voodoo Black Magic... NRBlog
Can Rich Countries Afford to Grow Old? Brookings  PDF
A Move To the Right, An Eye to Confirmation WP
China’s Accelerates to 9.5% on Exports BL Ratings Raised by S&P
China Calls US's Bluff Mish
Bank Risks Boosted by Beggar-Thy-Neighbor Loans Gilbert
Brown staves off tax rises with tweak to golden rule Guardian
EMU’s rude awakening Guardian
Stricken pensioners face more delay Telegraph
Brazil Congress Probes $8M of Withdrawals From Ad Company's Account BL
Brazil's political corruption scandal gathers pace with admission of fraud FT
Judge lashes out at HSBC Standard
Lender accused of 'devil's work' for putting pressure on client to sell property to bank associate
Emerging debt-Spreads widen on supply, Brazil woes Reuters
U.S.: China looking beyond Taiwan AP
China blasts U.S. concerns on its military rise Reuters

Tuesday July 19
Intel's Profit Rises 16% BL YHOO
Greenspan Opens in New Haven to Negative Reviews Baum
HStarts Unchanged BL PDF   First Sign Of A Cooling Housing Market? AP
Inflation Convergence Roach
A look at the secular forces keeping inflation and long term interest down II
Monthly Economic Outlook Wachovia PDF
Washing Each Other's Underwear Financial Sense
Feds are just like Bernie Crudele
Dollar firms ahead of Greenspan CBSM Daily Forex Commentary
Dollar Insanity CDaily U.S. Dollar Rises, Gold Falls in Europe AP
Dollar rises on upbeat Greenspan comments AFX  Greenspan PDF
J.P. Morgan cautious on emerging-market debt CBSM
Hefty Emerging Market Debt Supply Meets Big Demand Dow Jones
Inverted Thinking? Schaeffers Inflation Expectations Saville
Material-Weakness Reports Skyrocket CFO
What to do About the Housing Bubble? To Agents winning big
Homeowners place faith in 'exotic' mortgages MSNBC
Gambling Craze, Real Estate Mania... Droke  ‘Get Rich Slow’
When the Bubble Bursts, Will Bush Practice Mugabenomics? LR
Housing Goes Frothy to Flat in Denver Area NYT
Chain stores sales up in latest week Reuters
Investors turn on hedge funds CNN Credit markets provide a lift for hedge funds
Hedge Funds transform investment landscape Cayman News
Cnooc's Fu Defies Congress, Investors With Unocal Bid BL
Labor snags hobble Northwest USAT
H-P to cut 14,500 employees CBSM WB - MER - LU - RSH - F - BSX
IBM: A Work in Progress BW Intel Could Face Oversupply In Late 2005 Forbes
Danone Shares Soar on PepsiCo Bid Rumors AP
Yahoo options are high in demand before earnings Reuters
Icahn Confirms Tender of Mylan Shares TheStreet
Nymex May Get Second Bid as General Atlantic Reviews Exchange BL
Capital Alliance Income Trust Ltd. Omits Preferred Dividend PR
Spitzer and Federal Officials Pursuing Insurance Probe Separately WP
Guidant Warns on 28,000 Pacemakers AP
KPMG Sanctioned for Discovery Abuse CFO
Bernanke: I won't advise on Fed pick Reuters
Comment supports popular viewpoint that White House economist is on Bush's short list of candidates.
$850 gold forecast out of Australia Mineweb
Gold trading loses shine, on first day China Daily
Govt to ease gold import rules Reuters  Indian’s simply love gold India Times
China's Currency May Float a Little WP
China's second-quarter economic growth to show signs of slowdown AFP
China's Shrunken Thirst for Oil BW
Can India, U.S. Get Over Enron, Talk Wal-Mart? BL
The New Power Brokers NYT
Eager To Shepherd Asia's New Money BW
Wildcat drillers in China are battling Beijing after their oil wells were seized Time
Debt-ridden China Securities to be taken over China Daily
The U.K. Pound Is Oversold BCAR
U.K. House Prices Declined for an 11th Month in June, RICS Says BL
Lessons of Spain and Portugal IHT
Luxembourg central bank chief sees no need for ECB rate change AFP
Cost of money will rise, count on it! Canada East
German banks lose state backing IHT
Weak computer chip sales curb Singapore's exports BL
Japan's Property Loans Reviving Reuters
This is no flashback to the doomed 1980s asset bubble: It's happening now.
The Leak In Japan's Titanic Forbes
Saudi oil boom to last for years Jang
The lessons of India and Argentina Manila Times
Iron ore prices set for fresh records Standard
Where does the money go? LA Times
Iraq has massive oil reserves in western governorates -- official KUNA
Million at risk in Italy heatwave Reuters

Monday July 18
IBM net up 5% to $1.83 bln CBSM
Treasury International Capital Data Treas  Capital Flows Barely Cover for Deficit
Thomson Market Week PDF
Citigroup miss weighs on futures CBSM
Skews and Smiles Hussman
When the Bills Come Due, Then What? WSJ
The portion of Americans' disposable income devoted to paying off debt hit a record high recently...
Stocks rebound, but pensions haven't USAT
Of the 369 S&P 500 companies that offer pensions, 311 do not have enough money in their pensions to cover their obligations.
Sign of trouble: A BlackBerry with your pizza MSN (Fleck)
The Dropout Puzzle Krugman
A Few Thoughts On The Inflation / Deflation Conundrum Hook
Dow stuck in neutral Journal News
Surviving the Big, Scary 'Mega-Bubble' Farrell
Interest-Only Home Loans Pose Perils, Possibilities BL
Don't let your own financial bubble burst Chicago Sun Times
National commercial real estate bubble feared NYT
Increased tax revenue is blurring future costs HChron
Why the healthcare crisis won't go away CS Monitor
Social Security Insolvency Accelerating, Study Says Heartland
Home builders are cheap? Hulbert
Citigroup's 2Q Profit Misses Estimates AP Bank of America's 2Q Beats AP
Whirlpool Offers $1.35 Billion for Maytag, Beating Haier, Ripplewood Bids BL
Unocal deal tests US stance toward China CS Monitor
Philips profit disappoints Reuters
Dude, You're Getting a Loan Morgenson
US dotcom share prices are soaring again Observer
After the Glamour, A Modest Return WP
10 years after birth of e-commerce, fear may curb growth AFP
Most Overpriced Places In The U.S. 2005 Forbes
U.S. fisheries outsource processing to China IHT (BL)
Members of NYSE seek full access to merger documents Times Online
Helter Shell-ters Byron
Chicago Nears End Of Era in Stockyards WP
Harry Potter count: 6.9M in 24 hours CBSM
The China Temptation IE PDF
China urged to refrain from measures to further cool the economy AFP
China's Policies May Do More Harm Than Good Pesek
China's complex U.S. connections SF Gate
Familiar Trade Fears, but Bigger Risks LA Times
Economic ills did not begin with inflation King
Chancellor seeing red in struggle to meet Golden Rule Times Online
Gloom takes hold as City cuts forecast for growth Times Online
Central bank caught in a dilemma over its loose money policy Asahi
'Summer sale' of houses as sellers cut prices Guardian
Housing-Bubble Trouble? CP
Tassie housing bubble may have burst AAP
Basra oil workers out on strike BBC
Weekend of slaughter propels Iraq towards all-out civil war Times Online
Casuality of War: The U.S. Economy SF Gate
UK halts publication of Iraq book Observer
U.S. Notes May Fall on View Greenspan to Signal Higher Rates BL

Weekend Edition (July 16-17)
The Week Ahead: Greenspan and the Three Bears CIBC PDF
Market braces for earnings, Greenspan CBSM
Greenspan, at end of era, to signal more rate rises Reuters
Mid-Year Forecast - More See-Saw Fed Mauldin
Greenspan's Fraud Taylor Q&A (Batra
Asset-backed Securities Noland
Trading the HUI/Gold Ratio 2 Zeal
Good-Bye, Ruby Tuesday Bonner
US hears the pop of our housing bubble Weekend Australian
New 'Dutch disease' has lessons for U.S. housing Reuters
Real estate investment clubs are thriving MSNBC
Risk, Innovation, and Reality in the Housing Market EW
Holes in city housing bubble? Newsday
Wal-Mart sees July sales within range CBSM
Next for GM -- Buy One, Get One Free? BL
How Ebbers Lucked Out With a 25-Year Sentence BL
Future SEC Chairman Cox ‘went into gold and stocks in a big way’ CFO
U.S. jobless rate understated, study says CBSM PDF File
Are you prepared for the Big Collapse? SF Gate
Peak Oil? Rural life? Can you pickle meat and eat bark?
Martha-mania: The deluge looms CNN
Prince sees dollar peg as key to a Gulf 'euro' Times Online
A slippery European energy outlook IHT
US Senator proposes to outlaw China plan to buy Unocal AFP
Maytag asks shareholder OK of buyout; China's Haier informed AFP
Anger as 2,000 jobs go at British Gas Guardian
KPMG Fined $100 Million by Oslo Court CFO
China Force shares slump as soybean oil price plunges Standard
Iran's oil diplomacy frustrates U.S. policy Daily Star
China, firm on Taiwan, says general's words his own Reuters

Friday July 15
China: the dragon that isn’t Jubak
Dell Holders Endorse Options Expensing AP
Enron settles Western energy deals CBSM
Industrial Production Jumps 0.9 Percent, Twice as Much as Forecast BL FED
June U.S. producer prices flat CBSM BLS
New York State Manufacturing Unexpectedly Rises BL NYFED $ Gains
When The Correction Comes Bartlett
Inflation Phobia Roach
Marc Faber And The Crisis Of Confidence AIR
U.S. Equities: Too Many Bulls To Keep Pushing Higher? BCA Research
Big Stocks Burdened by Problem That Won't Go Away Currier
House not home: Foreigners buy up American real estate CSM
'For sale' signs are increasing Sac Bee
Inventory of resale homes in capital area shoots up.
A Hands-Off Policy on Mortgage Loans NYT
Housing is hot, but types of loans seen cooling Reuters
Two months in house-hunting hell MSNBC
Stocks or Swampland? Fool The housing bubble PWW
US Comptroller General puts recent deficit figures into perspective CS Monitor
Oil Supertanker Bookings Reached Highest for Year in July, Doubling Rates BL
The Shipping Bubble Slate
Got a canoe? You should do an IPO
Pricing power beyond reach of many companies Reuters
GE's Profit Rises 24% BL MCD - SNE - Earnings Scorecard
Job cuts coming at HP: analysts Reuters
Google Options Point to Jump in Shares AP
Wal-Mart Didn't Act on Internal Sex-Discrimination Alert, Documents Show BL
Keeping investors in the dark Norris
Consumption Strikes Back?: Measuring Long-Run Risk NBER PDF
PICC risks 599m yuan loss in wake of broker collapse Standard
US expects Chinese currency revaluation FT
ECB's Answer to Rate-Cut Prayers Is a Loud ‘No' Gilbert
One forecaster thinks rates may fall to as low as 2% Inde
Monetary policy in the euro area has been looser than critics think Economist
Canada central bank predicts 2.7% growth in 2005, 3.3% in 2006 AFP
Hot Canadian housing market breaks record Globe & Mail
Cuba's crumbling infrastructure taxes residents' patience FT
Brazil Readies $3 Billion in U.S. Sanctions Over Cotton Subsidies at WTO BL
Samsung's Profit Drops for a Third Quarter as Chip, Flat-Panel Prices Fall BL
Dark days for Volkswagen Economist
Shell forced to admit Russian costs have doubled Times Online
Shell faces Venezuelan tax demand BBC
EC spurns calls for curbs on hedge funds Guardian
Byers admits he lied to MPs over Railtrack's prospects Independent
Pension fund group sues key Seibu trio Japan Times
Eyewear firm faces probe on share moves Standard
Remember George Soros? EW
China casts long shadow of US-Australian ties CS Monitor
Top Chinese general warns US over attack FT

Thursday July 14
Crude Oil Declines as U.S. Output Recovers, Hurricane Emily May Miss Rigs BL
Chief Executives’ Confidence Declines Conference Board
Retail Sales Rise 1.7% - Census BL Consumer Prices Unchanged - BLS
Jobless claims rise on auto layoffs CBSM
Oil prices fall to $60 a barrel amid supply, storm worries AP
Does Alan Greenspan have some explaining to do? Cunning Realist
The puzzle of long-term yields Econbrowser
Peak Credit? Hoye
Is Commercial Property Still a Good Investment? Wharton
Real estate talk through the roof USAT Agent Burnout WSJ
Home Prices Put Squeeze On Families WP
Pittsburgh Home Market Hurt By Foreclosures WSJ
Fables of the Reconstruction Miami New Times
Housing party not over yet SF Gate
Google Effect: Driving Up Peninsula Real Estate CBS5
Ding dong! The wicked bear is dead! Hulbert
Hedge-fund industry has an extra layer of leverage CBSM
SEC eyeing hedge fund leverage, warns of risks Reuters
Hedge fund Vega feels the pinch WSJ
Hedge Fund Industry should consider code of conduct-AIMA Hedgeco
How Long Can Workers Tread Water? NYT
AMD Back in Black ~ Apple Delivers Mixed Bag ~ UNH - LUV - RML - PRU - GCI
Dividend Recaps Back in Vogue CFO
12,000 Delta Employees Petition Congress on Pension Reform PR
Ebbers's fall transformed world's securities markets Norris
Google price target raised to $350 at Lehman CBSM
Detroit is officially out of ideas MSN
Google investor brings Powell into play with strategic role Times Online
Gap's Factory Inspections Uncover Abuses AP
Judge Orders NYSE to Turn Over Documents AP
Defense: Enron case based on twised facts AP
FedEx Setting Up China Hub TheStreet
Wine Futures Let Buyers Lock in Supply of Promising Vintages BL
Top pension provider seeking to raise fees IHT/BL
Rove in the spotlight Economist
Why benefit cuts will not solve Social Security's financing problem EPI
China's Money Supply Surges as Foreign Reserves Swell BL
Cnooc May Increase Offer as U.S. Opposition to Takeover Mounts BL
Lawmakers rip CNOOC's Unocal bid CBSM Chinese Checkers WT
ECB Chief Economist Issing Says Inflation Outlook Has `Clearly Worsened' BL
Eurozone rates low enough for growth: ECB AFP
ECB´s Gonzalez-Paramo sees risk of disruptive unwinding of US c/a deficit AFX
Peru Sells $750 Million of Bonds to Refinance Debt BL
Unilever Slips Amid India's Consumption Boom BL
Byers accused of 'covering tracks' over Railtrack Independent
Robbers Steal $1M and Kill a Guard Moscow Times
Commodity Strategists; Sugar May Rise 10% on Brazil BL
Global outsourcing to affect 4.1 million jobs by 2008: study AFP
Why Iraq oil money hasn't fueled rebuilding CS Monitor

Wednesday July 13
Ebbers Sentenced to 25 Years BL Status of high-profile corporate scandals AP
Trade Deficit Narrows to $55.3B as Exports Climb to a Record BL PDF ~ $ Up
FILLED with The Fire of Gold! Mogambo Guru
Asian Oil Demand Declining Xie
The Wave of The future Aden A Golden Opportunity? Schaeffers
Speculation Plays Major Role in Higher Oil Prices Berry
Whither equities? Buttonwood
Stockmarkets have more to fear from a spike in the oil price than from a terrorist attack
Greenspan's Mysterious Conundrum Mises
Detractors of Adam Smith's Real Bills Doctrine Fekete
Mortgage applications decrease last week MBA
Doing Deals While Wary of Bubbles NYT
The Global Real Estate Obsession Big Picture
Bush Said to Be Monitoring Housing Boom AP
Enough About the Loans. What About the Lenders? Baum
Beware of high closing costs CBSM The House Poor Bonner
Home Prices in Baltimore Skyrocket WJZ
Builder's orders hit $1 billion in quarter Arizona Republic
Road blocks to a second half rally CNN
Allure of Hedge Funds Is Waning for Investors NYT
Small-Firm Payrolls Show Little Rise in Hiring WSJ
Sharp Increase in Tax Revenue Will Pare U.S. Deficit NYT
Unocal seen telling Chevron to raise bid Reuters
Should U.S. Taxpayers Purchase Unocal? Northern Trust
Cnooc's $18.5 Billion Unocal Bid Threat to U.S., Witness to Tell Congress BL
Teradyne Cuts Jobs TheStreet
Manor Care Warns of Weakness TheStreet
SEC Launches Harley-Davidson Inquiry AP
UBS, ABN Amro fined by NYSE CBSM
Ebbers speaks out ahead of sentencing CNN
American Express to settle $7.4M suit Reuters
US tycoon Trump sues Hong Kong partners AFP
Feds charge pair in cheese-making scam AP
In First of Many Vioxx Cases, a Texas Widow Prepares to Take the Stand NYT
Curbing the Boom-Bust Cycle: Stabilizing Capital Flows to Emerging Markets IIE
The Future of Central Bank Cooperation BIS  PDF
Japan's Current-Account Surplus Unexpectedly Rose in May BL
OECD warns eurozone growth could halve FT
Pensions facing £1 trillion shortfall Times Online
Big two face new budget deficit flak Guardian
Chinese state banks to lend 1.2 billion dollars to bail out brokerages AFP
Big Shift in China's Oil Policy WP
Scandal? What scandal? Brazil's Lula rises in poll Reuters
Chilean Bank Boosts Lending Rate to Three-Year High of 3.5% BL
Instability haunts Philippines’ finances FT
With money sent from US, Peruvians buy homes CS Monitor
How will a UAE stock market correction impact on the real economy? AME
No fear of foreign takeover rash spreading Swiss Info
Mitsubishi Motors to slash nearly 20 percent of jobs at Dutch unit AFP
Exec warned One.Tel Australian IT
Unions hit out at 'gross' BBC bonuses amid staff sackings Guardian
I always put public interest first, says Byers Independent
Across the world, people share angst over rising oil prices AP
America is punishing Germany for its Iraq opposition FT

Tuesday July 12
Oil Prices Surge Back Above $60 a Barrel AP EIA
Bernanke: Housing Bubble Fears Over-Blown MSNB
Car wars: In spite of discounts, prices remain high Kellner
Judge Denies New Trial for Bernard Ebbers AP
SEC official warns of hedge fund danger Reuters
Hedge funds cheering for Cox CNN
Chain store sales rise in 1st wk of July Reuters
U.S. Stock Futures Drop BL Crude reclaims $59-a-barrel mark CBSM
Keeping the Rabbit at Home and the Dog at the Office McCulley
Rising U.S. interest rates pose recession risk Reuters
Another Recession American Chronicle
Greenspan's every silly utterance could cause a recession News-Press
Playing the Yield Schaeffers The Bond Story Saville
Equal in Price & Time, Equal in Opportunity? EW
Feds no longer dismiss talk of housing bubble MSNBC
Regulators focus on role of 'exotic' loans in propping up prices
Where L.A. riots flared, a housing boom CS Monitor
Global warming Sign on SD
Will the Internet finally smash the real-estate cartel? Newsweek
Update on Value Line market timing advice Hulbert
How to Detect a Bubble? Try the Original-Use Test BL
The Oil Uproar That Isn't NYT
The Saudi Succession Pipeline Texas Hedge
The Dollar Strikes Back WSJ
Rising Dollar May Trim Repatriations CFO  The downside of a rising dollar CNN
Bets on dollar, crude oil help hedge funds-report Reuters
Racing to file for bankruptcy? CNN
DreamWorks warns of 2Q loss, cuts outlook AP
EU officials raid Intel offices FT (R)
Bear Stearns Builds Reserves TheStreet
Fidelity Equity Trading Chief DeSano Reassigned BL
Royal Group Faces SEC Probe TheStreet
Enron agrees to $356 mln for claims - US Reuters
The Rich Boys Business Week
An ultra-secretive network rules independent oil trading. Its mentor: Marc Rich
SSU Summer Lesson #5 Anti-Growth Politics Wanniski
The Wreck of the Free Trade Model Engenders Myths and Falsehoods AEA
Gold gains with euro strength, eyes US data Reuters  Russell ~ Maund
Cranks in the Gold Community Hultberg
Let China buy Unocal Jubak  Foreign investment no reason for panic PG
US textile industry demands more curbs on Chinese imports AFP
Wal-Mart, Gap Look to India as China's Yuan May Rise BL
Chinese currency trading thrives without yuan IHT
Moderate slowdown may last up to two years Standard
Banks vie for hedge fund cash Standard
China set to allow more foreign cash in its bourses Reuters
Japan's Producer Prices Advanced for 16th Month in June, Squeezing Profits BL
Soaring factory costs fuel talk of rate cut Independent
'No UK factories' in 25 years Guardian
Euroland: Debating the Liquidity Trap Hypothesis Morgan Stanley
Bond holdouts gain no ground from Argentina Dow Jones
Police detain Brazilian congressman with AP Holier-than-thou no more
Disney plans to take Mickey to park in mainland China Times Online
VW speaks of 'unbearable' damage as scandal escalates Independent

“If the energy sector is removed from the S&P 500 index, the remaining 9 sectors would have a growth rate of 4.6%.” 
First Call

Monday July 11
Blue Chip raises U.S. growth, inflation forecast Reuters
Weaker oil, M&A give modest lift CBSM
Explaining isn't Justifying Hussman
Resilience in a Vulnerable World Roach
Market Stares Down Second-Half Curse MSN
Firms pile up earnings warnings USAT
For every S&P 500 company that has told investors to boost expectations for their second-quarter earnings, 2.5 have said their results will disappoint
Does Intel win with technology -- or threats? MSN (Fleck)
Asset Price Bubbles: Monetary Inflation and Leveraged Speculation Catallaxis
Big mortgage portfolios could put banks at risk MSNBC
Real estate market may break under interest-rate pressure Inman
Real estate: too hot to handle? CS Monitor
Posh homes getting posher CNN  Condo-mania LR
Builders are balancing on the housing bubble Florida Today
U.S. Two-Year Notes May Decline Amid Housing `Froth' BL
Consumers may feel new credit card squeeze AP
Don’t be surprised if the minimum payment on your credit card suddenly goes up.
Crude Falls as Hurricane Dennis Misses Rigs BL Gas Prices Surge To Record
Un-Spin the Budget NYT (Krugman)
You can win 'The Loser's Game' Farrell
Google's Price Target Taboo TheStreet  Tech world hits 10 Seattle Times
I.B.M. and Partner May Offer Broadband From a Wall Plug NYT
Fare wars erupt again Crain’s
UAL vows to match Southwest cuts even as it heads for Ch. 11 exit
PCAOB Probing Deloitte Audit CFO
SEC Trading Rule Gives Executives An Out Just Ahead of Bad News WP
QSPEs, Derivatives, and FAS 140 CFO
Wall Street Erin NYP
Hedge fund has-beens CNN
Here's what has happened to the guys accused of swindling millions
Morgan Stanley Co-President Resigns; Cruz Named Acting President BL
Low Bond Yields Linked to Savings Excesses? Taylor
Former Wall St. Whiz Kid Says Gold Equals Insurance RI Gold In The Sink MS
Gold May Rise as Terror Concern Boosts Appeal of Metal as Haven BL
Gold May Not Be the Best Hedge in Terrifying Times BL
Values Conundrum WP
Will the U.S. and China Play by the Same Rules?
U.S. prices would rise if China floats its currency Newsday
China's Trade Surplus Swells as Exports Reach Record BL
Early signs of a steel glut in China are starting to emerge AFP
Pressure grows to clip ICAC powers Standard
Singapore returns to rapid growth BBC
Terror's long-term cost to the economy Independent (King)
Central bankers stand on the front line Times Online
Oil prices threaten growth TT
Mutual Funds Gain Ground in Kingdom Arab News
hilippine Outlook Cut by Fitch on Political Concerns BL
The matrix of credit ratings Financial Express
Rover rescue plan collapses Guardian
FM blames TN govt for co-op. bank crisis Deccan Herald
U.K. Memo Cites Plans For Troop Reduction WP

$ May Resume 4-Month Rally Against Euro ~ Currency Currents ~ Overshoot?
Consumer, Producer Prices Rose in June: U.S. Economy Preview BL

Weekend Edition (July 9-10)
Falling Bond Yields Are A Sign Of Easier Monetary Conditions? Kasriel
Experts fear a life after Greenspan WP
Are There Too Many Hedge Funds? Mauldin
Boom in Jobs, Not Just Houses, as Real Estate Drives Economy NYT
CRB Index Revised Zeal
The Flow of Finance Noland
No Consensus on U.S. Stock Valuation AP
Fewer new motor homes rolling off RV sales lots USAT
Housing anxiety in Portland AP
Mack Turns Down Morgan Stanley's $25M, Will Base Pay on Performance BL
Can the Earth Support International Economy  PDF
The coming boom-bust cycle
Banking Sector Crises and Inequality World Bank PDF
Current Account Fact and Fiction NYU  PDF
Empire of Liberty AEI
The Historical Underpinnings of the Bush Doctrine
Dennis to hit Fla. Panhandle Sunday CBSM
China Oil Giants Crave Respectability and Power NYT
Internal pressure on China over currency peg eases FT
China, US talks fail to find solution on textile quota row AFP
Emerging China WP
Investors made millions amid bombs chaos Times Online
Retailers stand to lose billions as shoppers stay away from capital Inde
Total City shutdown was minutes away   Observer
Investors caught in high-rise collapse Australian

Dollar Caps Third Straight Weekly Gain Vs. Yen on U.S. Economic Growth BL
Debt of U.S. consumers declined $3 bil in May BL Consumer Credit
Solid job growth in June, but still below expectations EPI

Friday July 8
Back to the Drawing Board Roach  Xie
The Downside to Auto Industry Discounts AP
Report: GM offering '06 model rebates CNN
U.S. Adds 146K Jobs; Unemployment Drops to 5% BL BLS
Oil rises near $61, London bomb impact seen limited Reuters
Cycle of Deflation Revisited Comstock
Who Cares About Inflation? Norris
The Housing Bubble Fact Sheet Baker  PDF
In at the Top Forbes
Public pensions are rushing into real estate the way they rushed into tech in the late 1990s.
Condo crazy at the heart of a boom CS Monitor
Bearish look at bubble SF Gate
New Jersey Shore Home Prices Surge as Boomers Head to the Beach BL
Moody's says may cut GM to junk status Reuters
Toyota to hike prices across U.S. market Asahi
Toyota hopes to defuse potential trade friction with the United States by sending an explicit message that it is willing to help its struggling Detroit rivals.
Chrysler bringing Lee Iacocca back for ad campaign AFP
Purcell may receive $44 million CBSM
Canada health panel says Vioxx pain drug safe enough Reuters
Graco recalls 1.1M strollers Reuters
Deloitte's Audit of Navistar Is Target of Investigation by U.S. Regulators BL
Bad Data, Bad Bankruptcy Law? CFO
The Plaza Accord Nightmare China Must Avoid Pesek
China pays for security of dollar Kudlow
With Eye to China, Malaysians Ponder Revaluation NYT
China, US discussing textile tensions China Daily
The Coming Trade War, Part 3 Asia Times
Trade in the age of overcapacity
Chunghwa files for $2.8 billion U.S. share sale BL
Housing bubble grips Korea Asia Times
Bank Heads Predict Housing Bubble Burst Korea Times
Argentina's Domingo Cavallo Plots Political Comeback After Debt Default BL
Russia blasts Canada over WTO negotiations row AFP
House prices stand still ThisisMoney
Israel not eager to extradite Yukos oil boss to Russia Haaretz
Financial crisis improbable -- Russian parliament, banking association RIAN
FSA takes aim at shady sales ploys Japan Times

Battered FTSE fights back after 200-point plummet Times Online
Dealers wiped more than £44 billion off the value of London shares in intra-day trading as City institutions digested news of the terror attack on the capital.
Managers bet against travel, retail CNN
Travel insurance calls mount after London bombings Seattle Times
Companies face higher terror insurance bills 'within days' Times Online
Bank holds steady on rates Guardian
Pound Falls to 18-Month Low; Terror Attacks May Add to Rate Cut Pressure BL
Business Response to Terrorism WP
Terrorism and The World Economy Harvard  PDF
If It's a Muslim Problem, It Needs a Muslim Solution NYT (Friedman)

Thursday July 7
Energy Dept posts drop in crude stocks DOE
U.S. budget deficit improves, congressional analysts say AP CBO PDF
Cantor predicts yield curve could invert CNN
London Attacks May Hinder U.K.'s Growth, Weigh on Global Demand BL
The Short View: Uncertainty rattles markets FT
Bank of England Holds Interest Rate After Explosions BL
Stocks to plunge on London attacks CBSM Gold Gains ~ Security stocks jump
Stocks Worldwide, U.K. Pound Slump After London Terror Attacks BL
G7 watching mkt reaction to blasts-Eichel Reuters
Oil Drops as Blasts in London Stoke Concern Demand Will Slow BL
Record oil prices threaten earnings CBSM
Jobless claims increase Reuters
Nation's Retailers Post Strong June Sales   AP
Monetary Incest Mogambo Guru
To solve Greenspan's riddle, look beyond China BL
TV's not best stock in trade Boston Herald
Home sales may have tapped the brakes USAT PDF File
Hole in the Housing Bubble NYT
NY's Real Estate Stars Reap Millions Amid Record Prices BL
So, you want to sell real estate? CNN
Soaring numbers of rentals go condo USAT
Economist sees Calif. housing defying 'bubble' talk Reuters
The Small Wonders Schaeffers
Debate raging over oil CNN
Treasury Market Works To Offset Rising Energy Bill BCA Research
Monthly Indicators: The End of Proration CIBC PDF  Oil Scene Arab News
Pop Quiz: Which Headline "Explains" the Stock Market? EW
Living paycheck to paycheck CBSM
Comment: When Pensions Go Bust Progressive (Baker)
The DeMint plan to raid the Social Security trust fund EPI
IPO Prices Rise, Volume Sags CFO
CNOOC Says Oil Firm May Increase Its Offer WP Expensive but strategic AFP
Chevron Will Have to Offer More Money, Critics Say WP
DaimlerChrysler tops GM, Ford in US price war AFP
GM wins pension case against U.S.-WSJ Reuters
Airlines hope new fashions make financial statement USAT
The fashion renaissance comes as many of the big carriers continue to hemorrhage money
US targets Boeing over China technology China Daily
Kaplan: Microsoft tried to crush startup AP
PBGC Liens Force Plymouth Rubber into Chapter 11 Reorganization PRN
Man charged with stealing Wi-Fi signal AP
Asia Pacific: Hot Money Leaving? Xie
Is China's economy ready for heatwaves Xinhua
Mainland halts IPOs to bolster markets Standard
Leading indicators of world economic activity Reuters
Rate cut clamour mounts as homeowners cut borrowing Independent
Forum calls for fiscal pain to avert debt crisis Japan Times
Household income continued decline to 5.8 million yen in '03 Japan Times
EU accounting rules could spur delistings en masse Asahi
Fall of Hong Kong firm is a shock to investors IHT
Disgraced Chinese oil executive wants charges against him clarified AFP
Scandal shows flaw in VW's boardroom IHT (NYT)
Railtrack chief 'expected a rescue' Guardian
Former Yukos Security Chief Charged With 5 More Murders MosNews
First-mover disadvantage Buttonwood
Zimbabwe's Tragedy is Africa's Shame AEI

Wednesday July 6
Oil Climbs Above $61 Amid Gulf Storms; Gasoline, Heating Oil Hit Records BL
Chain store sales rise in the latest week Reuters
U.S. planned job cuts climb G&M
Oil Rises Above $60 as Storms in Gulf of Mexico Disrupt Crude Supplies BL
So, We Now Have Duelling Bubbles Black Swan PDF
The Destruction of Old and Creation of New Bubbles! Faber  PDF
Are Easy Liquidity and Razor-Thin Returns Driving Real Estate to Dangerous Highs? Wharton
Risky Mortgage Business NYT
Housing Speculation is More Rampant Than You Think Schiff
Mobile home madness: Prices top $1 million USAT
Home Sweet Office Tower NYT
Does the Public Know What the News Junkies Know? EW
Urban sprawl produces rich pickings for farmland owners FT
Good times, risky times for banks in hot market HT
Small landlords feel property price pinch Boston Herald
Diminishing Property Rights Will Lead to a Higher Defaults LR
Property seizure backlash CS Monitor
Mortgage applications up last week MBA
Dollar's strength makes U.S. stock investors nervous Reuters
U.S. Muni Market May Top $400 Billion This Year BL
Pensions underfunded in trucking industry Arizona Republic
Where have all the long-term investors gone? Hulbert
As oil prices rise, shrugs at the gas pump CSM
For the first time, it's demand, not supply, that's driving high prices.
Gasoline price inches closer to a record high Reuters
Ford matches GM discounts-price war heats up Reuters
GM Overtakes Volkswagen as Biggest Foreign Automaker in China BL
Where 25 Million Is Merely Average NYT
Mercury, SEC Eye Option Grants CFO
Unreal Estate NYP
US judge attacks corporate governance legislation FT
A Changing of the Guard at the SEC Wharton
Buy Inflation, Not Growth Bugos
China 'to allow bank gold sales' Reuters
Japan ranks first in world gold and foreign exchange reserves list Itar
Panic forces closure of rural credit eight Standard
A 2-day run on a rural financial institution by worried depositors spread panic to 7 other credit cooperatives, forcing the central government to shut them all down
Shutdown to avert Chinese bank run FT
There are strong suspicions the bank funds could have been siphoned by local authorities or business people.
Credit cooperative bust reveals financial loopholes Xinhuanet
The 8 credit cooperatives' non-performing loan ratios were as high as 96 percent.
The Big Tug of War Over Unocal NYT
What's Behind BoA's Bold Move into China? Wharton
China seeks Canadian uranium to meet future power needs AFP
Shanghai on blackouts brink Standard
European Retail Sales Decline for Fifth Month in Six on Unemployment, Oil BL UK manufacturing stagnant in May BBC
Italy set for zero growth in 2005 AFP
Investing in Gaza Friedman (NYT)
Supply Increase to Stem Property Bubble Korea Times
Wimpey gives homes warning Times Online
The housing boom everybody's talking Financial Express
New cash crisis is looming icBirmingham
Chaotic scheme that left families relying on food parcels Guardian
Brazil Workers' Party Officials Step Down Amid Probe BL
Railtrack failed 'because of management incompetence' Times Online
In gauging living standards, GDP often misses mark Reuters

Tuesday July 5
Factory Orders Climb on Airplane Demand BL CensusT’s Drop
What Global Saving Glut? Roach  Taking Stock Berner Xie
Alan Greenspan and the US current account deficit Jackson
Crude Advances as Tropical Storm in Gulf of Mexico Threatens Supplies BL
Dollar rallies on rate outlook Reuters
Why the Bears Are Smiling TheStreet
Pictures of a mania? - US Housing Outside the Box
Hole in the Housing Bubble NYT
CNOOC-UNOCAL deal could blow up housing bubble Crudele
Retail investors growing hungry for risk FT
Wall of worry Kellner
Commentary: The second half promises plenty more
Signs of a weakening foundation Hulbert
Greenspan's dilemma Boston Globe Mr. Greenspan's dilemma CBSM
When will oil run out of gas? Jubak
Hedge fund returns seen falling over next 3 years - study AFX
Bechtel Prepares for Arbitration on Dabhol Dispute as GE Sells Its Stake BL
More join copper strike as sparks fly Arizona R  Copper Futures Advance
On tobacco suit discount, the smoke hasn't cleared Boston Globe
Bankers again thwart Wal-Mart's financial moves East Bay BT
Beware Google bubble: Ballmer Inquirer
Former adviser to Bush interviewed for Fed post FT
Fugative Tracks NYP
Gold Set To Extend Losses; L/T Outlook Mixed DJ
The Mysterious Gold Order – The Sequel AIR
In era of credit, ATMs - some still barter AP
China scolds Congress over Unocal vote AFP
Chinese CEO Defends Oil Bid as U.S.-Style LA Times
Stocks fall in Manila over ruling IHT (BL)
Germany's tug of war over a beloved bank IHT
No 'hedge-fund summit,' Schröder aide asserts IHT
High-tech showdown looms as EU lawmakers vote on patents IHT
Japan and China face off over energy Asia Times
NZ economy slipping toward recession, experts warn NZ Herald
Swiss economic recovery seen slipping Swiss Info
Decline in Investment Hits Russian Economy FT
With overall growth slowing and double-digit inflation forecast, some economists fear a meltdown
Brazil Workers' Party Chief Denies Graft Allegations, Pledges Lula Support BL
Tsvangirai warns SA companies in Zimbabwe BL
Pollution poisons China's progress USAT
FSC to offer cash for details in case of insider trading Taipei Times
Toyota to double hybrid-vehicle production Asahi
Sanyo Plans to Cut 15% of Global Workforce in 3 Years BL
1,600 jobs at risk at furniture firm Guardian
Rumors of Sibneft Sale Fueled by Payout Moscow Times
Something's gotta give Guardian

Long Weekend Edition (July 2-4)
Traders Increase Bets for $80 Crude BL Oil 'will hit $100 by winter' Observer
Dollar Rises to Highest in 13 Months Against Euro on Factory Order Outlook BL
Gestalts and Aunt Minnies Hussman
Three Billion New Capitalists': Consider the Outsource NYT  Book
Chart of the Week ~ Fed Tightening Cycles Investech
Is the following Chart Inflationary or Deflationary? Taylor
Should Greenspan step down as chairman of the Fed? Salt Lake T  Mr. G Spoof
Macro Confusions Noland
Fed Is Only Central Bank Raising Rates Berry  Pin Pricks 1/2 M2
Roaring Government Bond Market Chapman
Thoughts on the Housing Bubble Mauldin
Appraisal inflation ‘ticking time bomb’ KC Star (R)
Appraisers are willing to go along because they fear losing the business...
Cover Story: Bubble Bath of Doom! WP
Memories of the media's stunning failure in the late '90s bull market, when Newsweek ran a cover titled "Everyone's Getting Rich but Me," are still painfully fresh. Journalists "are a little more wary the second time around,"
Homeowners Deal With Rising Property Taxes AP
Housing may sting more than dot.com bust Reuter
Investors heat up housing markets Baltimore Sun
Is it a housing bubble? Wichita Eagle
You never know when, but... TD
Could a Few Hedge Funds Spoil the Party? NYT
New Uranium Bull Zeal
Double-Digit Earnings Growth About to End AP
Tough Crowd NYP
Feds to Continue HealthSouth Probe AP
Options: One Rule, Many Results BW
When Dividends Are Sweet, Be Choosy WSJ
The Dow/Gold Ratio Russell'
Awakening Economic Powerhouses Eye G-8 AP
China and the US: driving global oil demand to new heights AFP
China denies yuan revaluation claim China Daily
Controversy grows over Chinese oil bid with US House vote AFP
The Chinese Invasion LA Times
A new economic landscape revealed FT
Nuclear energy expansion stepped up as demand soars Standard
Slowing economy may force Bank to cut interest rates Times Online
Italy to Raise as Much as $4.9 Billion Selling Enel Shares; to Cut Debt BL
Venezuela to Begin Selling off Exploration Blocks in Orinoco Tar Belt AP
0% home loan to ease the pain of parting Guardian
Concern as home loans fund consumption Business Day
Pensions boss warns we will have to work longer Guardian
Westinghouse sale rocked by US opposition to $5bn loan Inde
New Siemens CEO warns managers, workers: FT CBSM
Baugur will fight 'politically motivated' fraud charges Times Online

Investors Wait on June Jobs Report WSJ
The Week Ahead: Two Worth Watching CIBC CSFB

Friday July 1
Gold futures fall $8 an ounce CBSM
GM Sales Soar on Employee Discount Offer AP
Manufacturing Accelerates; Consumer Confidence Up BL ISM ~ T’s Drop
The Optimism of a Pessimist Roach
The Ultimate Squeeze Play? Contrary Investor
Political Economic Reasons Why The Fed Is On The Cusp Of Pausing Kasriel
Bye-bye macro economy Asia Times
Breaking the Rules Cornerstone
Gold Bulls Rub Hands; Stock Bulls Wonder When It'll End Goldenbar
30-year mortgage at 5.53%, lowest in more than year AP
Realty Q&A ~ The dangers of buying in the face of a bubble CBSM
Snakes may lurk under the US property ladder FT
Manhattan Apartment Prices Rise at Fastest Pace in Five Years BL
Haunted by 6 Years of Missed Calls on the Housing Bubble Wood
So Powerful in One Market, Too Weak in Another? EW
Follow the Leapin' Leprechaun Friedman
Mood in Mid-America CS Monitor
Look out - Mack the knife is back in charge at Morgan Stanley Times Online
Scandal-hit Boeing gets new boss BBC
GM Hasn't Made Case for Health-Care Cost Cuts, Union Chief Says BL
Ebbers to give up cash, assets before going to prison AFP
Amazon Sued for Copyright Infringement ABC
Merck: A dividend cut and then ... ? CNN
Is History Repeating Itself at Cisco? Schaeffers
Buffett's Lunch for Eight Sells for $351,100 in Bidding on EBay BL
Steel prices hammer U.S. manufacturers AP
Mittal Steel cuts prices, but denies pressure Business Day
Sail is the first to slash steel prices MC
Scrap metal prices fall 65% in 6 months Metals Place
Oil traders suffer contango blues FT
Program Trading Averaged 76.3% of NYSE Volume during June 20-24 NYSE
Japan's Tankan Rises for First Time in Three Quarters BL
CNOOC's Unocal Bid Hits Roadblock, House Seeks Review BL
China as World Finance Maverick -- Deal With It Gilbert
The dragon tucks in Economist
Chinese companies are becoming aggressive buyers of overseas assets. It will take longer for them to become smarter ones
China's Subsidized Shopping CS Monitor
US senators drop China tariffs bill China Daily
Three more companies tumble on trade debuts Standard
Too Much Money Business Week
A global savings glut is good for growth -- but risks are mounting
UK economic growth revised lower BBC
Growth slowdown prompts hopes of interest rate cut Times Online
UK Headed for Recession Mish
Among Germans, foreign buyouts heighten angst WSJ
London hedge-fund managers top a survey of financial-industry pay Economist
US drops Shell criminal action Guardian
ABB to cut 1,300 jobs worldwide AP
FSA cracks down on forex margin trading Asahi
Cash alone won't solve Africa's ills, IMF warns AFP
America Held Hostage NYT (Krugman)