Thursday March 31
Snapshot of Dow Jones Industrials Component Stocks Goldberg
Oil Rises, Gasoline Surges to Record on Concern Over U.S. Refining Supply BL
Goldman: Crude could reach $105 a barrel CBSM
Twilight in the Desert Amazon (Simmons) Review
The Coming Saudi Oil Shock and the World Economy
Treasuries Gain as Jobless Claims Increase, Inflation Measure Unchanged BL
Personal Spending Increases 0.5%; Incomes Rise 0.3% BL BEA
Jobless Claims in U.S. Rise in Last Weekly Tally Before March Jobs Report BL
What fresh hell is this? Daughty
Buying GDP Growth with Debt Calculated Risk
Is There a Big Move on the Horizon? Schaeffers
Is Greenspan between a rock and a hard place? G-E  Party pooper USNews
Even Stephen Roach Has It Wrong EP
Prepare for a sell-off through summer TheStreet
From Fannie to AIG to GE to Berkshire, all too many U.S. companies have turned into heavily camouflaged, leveraged hedge funds
It's a Totally New Paradigm Mish’s
"Be Scared--I sell real estate in Manhattan" EW
The risks from falling home prices CBSM
More home buyers go with adjustable-rate mortgages USAT
Dude, where's my rent? Boston Globe
''I am young and property values are soaring," said 19-year-old Rayford Kelley, who bought a $560,000 fixer-upper in Roxbury with no money down. ''It can be rough sometimes. But in the end, I'll be the one making out and cashing in."
As housing funds run dry, lawmakers tee up bill to replenish trust Townonline
Gas costs change lifestyles USAT Crude Futures Rise AP
How Detroit lost its cool Macleans
Will GM Spoil Economic Growth? Hudson
Freddie Mac Net Income Falls 42 Percent Amid $4.5 Billion Derivatives Loss BL
Ex-CFO: HealthSouth Hot Line Was 'Joke' AP
S&P downgrades its assessment of Morgan Stanley Times Online
AIG's Coral Insurance Woes May Add Up Crudele
AIG loses top 'AAA' credit rating: S&P AFP
Return to Vendor: SEC Boosts Saks Probe CFO
Debt 'counselors' hit for $100M scam Reuters
Who's Behind Naked Shorting? Fool
Viagra May Cause Vision Loss Reuters
Bond funds see red in Q1 CBSM
"TIPS funds in general got slaughtered in the first quarter, which may surprise some people because they're an inflation hedge"
U.S stock fund flows rebound in Feb. CBSM ICI
Speech: Change and Challenges Facing the U.S. Financial System NYF
IMF says debt relief gold sale would not hit market FT The ECB’s gold sales
SA gold mine walkouts to expand BBC
Extreme accounting Ananova
German Unemployment Rises to Postwar Record; French Rate at Five-Year High BL
House prices fall at fastest rate in 10 years This is Money
US' CA deficit still major concern CD Too big to behave rashly Setser
Overseas investment income helps to prop up current account deficit FT
China's money supply growth is the world's problem Pesek
Shares drop to six-year low China Daily
Time to stop housing as cheap investment game CD
Globalization and the rise of Asia (part 3) Erdman
China's Next Cultural Revolution (Cars) Wired
Cheap Chinese fakes hurt trade Herald Sun
EU Head Office Proposes U.S. Sanctions AP
U.S. firms invest $350m in Lenovo CD Are LBOs Back? CFO
Emerging Market Investment to Climb to $311 Billion BL
Argentina's $100bn debt swap in doubt FT
India's Economy Grows at Slowest Pace in Six Quarters BL
Central Bank to raise benchmark interest rate Jakarta Post
Retail banks are shaken by CSFB's grim warning Independent
A market frenzy raises worries IHT (NYT)
“How long the AIM flotation window remains open, I'm not sure, because it only takes one high-profile blow-up"
Austrian hedge fund market ‘could grow 15%’ IPE  Starting a Hedge Fund PRN
Yukos Investors Fight Back Moscow Times
Mitsubishi to sue 7 ex-bigwigs Asahi
Fund manager admits $1m bribe scam Standard
GCC Currency in 2010: Al-Assaf Arab News
Once established, the GCC leadership may decide to invoice their hydrocarbon sales in the new common currency, moving away from the current dollar pricing system
Zimbabwe opposition talks of protests if elections are rigged FT
Two-thirds of world's resources 'used up' Guardian
Is America Too Poor To Remain A Military Superpower? AEA

Flashback - March 27, 2002
Why you should still listen to the bears MSN
Head strategists at big Wall Street firms, on average, forecast a 14% gain for the S&P 500 by year-end. Several brokerages now advocate planting 70% to 80% of a portfolio in the stock market.

Wenesday March 30
Dollar Quarterly Rally Is Biggest Since 2001 BL
Bernanke-Clear communication a key FOMC rates tool Reuters  Speech
Crude futures sink after weekly supply report CBSM EIA
AIG Says Net Worth May Be Inflated by $1.7B by 14 Years of Errors BL AIG
Impressive performance of 2004 May Not Be Repeated In 2005 NT
Fourth quarter GDP unrevised at 3.8% CBSM BEA
Corporate profits leap 13.4%, biggest gain since 1987
Dollar's on roll vs. euro but for just how long? USAT Monthly FX Outlook CIBC
Mahathir: US dollar collapsing TheStar  Dollar Daze Grant
“The uncertainty is with the timing, not whether it will collapse.”
Is an accident waiting to happen? Black Swan Daily FX
The Decay of Paper Currency Mayer
The Fed’s Conundrum Yardeni  PDF
Fantasy Nos. To Bite Marts NYP (Crudele)
Companies on a borrowing binge Economist
America’s companies are cash-rich, right? Then why have they started borrowing again?
This is Fiscal "Restraint"? Folsom
Brave new world FT Global syndicated loans flourish FT
The economic logic of the private equity boom is questionable at best.
The "Debt Timebomb" Safe Haven
Mortgage Applications Increased Last Week Reuters  MBA
General Motors' Pause on Way to Junk Is Troubling Gilbert
Credit-rating agencies Economist ($)
The agencies rated Enron's bonds as investment-grade—safe for many pension funds, that is—until shortly before the firm collapsed...
Ford trying to stem financial woes CNN
GM China President Philip Murtaugh Quits, People Say BL
AIG Calls General Re Contract `Improper,' Will Adjust Financial Statements BL
AIG delays 10-k filing again CBSM
Witness Role Seen for Buffett in Inquiry NYT
Berkshire Hathaway Facing 'Heightened Uncertainty' Forbes
Earnings Delayed at Best Buy, Circuit City TheStreet
Congress makes another grab at expats' money Forbes
Purcell could have 'sold the story' better FT
Hollinger sues Conrad Black AFP
Ex-Andersen auditor punished Rocky MN
Sears plans to announce layoffs, pay changes next month AP
Wall Street Cheers HP's New 'Button-Down' CEO Forbes
The end of 'The End of Late Fees' PPG
Harmony backtracks on size of its gold reserves BL
SEC on Options: Your Results May Vary CFO
The SEC’s much-anticipated bulletin may be issued as early as this week
Japan's Industrial Production Has Biggest Drop in a Year BL
Savers calm as Japan pulls banking safety net FT
When Japan finally removes its blanket guarantee on bank deposits this Friday, something remarkable will happen: nothing at all.
Spring Scare or Burst   MS (Xie)
The Dawn of a New Oil Era? Newsweek
China is the world's second-largest consumer of oil. It has about 20 million cars and trucks now. By the year 2020, that may be 120 million
China Says Property Boom Threatens Stability, Orders Clampdown BL
Zhou rules out move to revalue renminbi FT
China central bank: Inflation waning CBSM
China Glosses Over a Gross Domestic Problem Pesek
China Aviation Oil Lacked Risk Controls as Trade Losses Mounted CL
A rising China counters US clout in Africa CS Monitor
Bears hammer down Sensex by 143 points Indian Express
Shares drop on rate fears News.au
“People are just scared silly. We have had a pretty bloody week and a half.”
Ex-security chief in Yukos affair sentenced to 20 years for murder AFP
Prosecutors Go for the Full 10 Years Moscow Times
Revolution echoes around Russia CS Monitor
Defiant former Sogo chairman found guilty of hiding assets Asahi
Of Bribe Taking And Whistle Blowing All Africa
Canon to branch out into biotech business Stuff
Frantic search for survivors in Indonesian earthquake Guardian

Tuesday March 29
Buffett: I Wasn't Briefed TheStreet
Consumer Confidence Drops on Job Worries   AP  Conference Board
U.S. stock futures sag, AIG weighs CBSM Oil Slips AP Gold Up
Greenspan's Second Bubble AEI (Makin)
The Bear's Lair: Beware of singularities UPI
Watch that lever Kellner
When will it start to hurt, Dr. Greenspan? Bankrate
Does Overseas Appetite for Bonds Put the U.S. Economy at Risk? WSJ
Greenback haunts emerging markets Globe & Mail
Reading the runes of bond market uncertainty Inde (King)
The Confidence Game Puplava
Will the next pop you hear be the bursting of hedge fund bubble? IHT (NYT)
"It is completely obvious that this will end badly - for the firms, investors, everyone”
Bubbles Then... Bubble Now? EW
Is the Blue Jean Bubble About to Burst? NPR (Audio)
Commodity Rally May Be Close to Peaking BL
The Fat Lady Isn't Even In The Building Grandich Does Size Matter? Willie
MF mulls sale of 25-66 pct of gold reserves - report AFX
Democrats test debt xenophobia as 2006 issue MSNBC
A Question of Value CFO
If valuation has improved so much, why do analyses show that companies so often overpay?
Nasdaq to enable customers to trade NYSE stocks Reuters
AIG Chair Greenberg to Retire Amid Probe AP Buffett may face regulators R
N.Y. Times adjusts Outlook; Calls Ads ‘Uneven’ CBSM
GM’s credit rating affects automotive sector-wide investment AI
Hollinger cancels meeting G&M
Citigroup settles with Munk G&M
Stolen Laptop Exposes Data of 100,000 AP
Beware Of Hot Money Business Week
With foreign cash piling in, China's economy could boil over
China and Japan - So Close and Yet So Far Apart MS (Xie)
Living in China's bubble Asia Times
The money I kept for the initial payment may cease to be adequate if I wait for another couple of months
Globalization and the rise of Asia Erdman
Japan Household Spending Falls 4.1% in February; Unemployment Rises BL
Brazil, IMF's Biggest Borrower, to End Loan Accord With Fund, Palocci Says BL
French Business Confidence Drops to Lowest in 15 Months BL
Investors see lower dollar in Australia IHT (BL)
HSBC staff to vote on strike Times Online
Scrutiny of hedge funds is set to tighten in Japan Reuters
Japanese Truckmaker Denies Defect Cover-Up AP

Monday March 28
By a Thread Hussman
Why worry about yuan?
Caught in the Fed's inflation trap MSN (Fleck)
The Fed and China Roach
Alan's Perilous Poker Game UPI
Oil dips, funds take profits on rising U.S. dollar Reuters
Dollar May Add to Its Biggest Quarterly Gain Against the Euro Since 2001 BL
A blend of risks makes dollar's outlook grim IHT
Buckle Up for the Dollar's Ride NYT
Investors fear U.S. dollar's effect on commodities rally G&M
Inflation elevates interest-rate concerns Inman
New warning for borrowers with adjustable home loans
Inflationist hedging Brimelow
US economy: jobs, growth and inflation Brookesnews
The Fed has laid down the foundations for another recession.
Taylor On US Markets & Gold G-E
Stock-Market Returns May Not Meet Bush's Social Security Hopes   BL
Saving for the Future WP
Lex: Insurance FT
Huge problems for ungainly giants Kay (FT)
GM'S Flip is a Flop NYP
Beware of High-Flying Tech Stocks Business Week
SunGard Data Will Be Acquired by Seven U.S. Buyout Firms for $11.3 Billion BL
Boeing May Raise 2006 Forecast as Demand From China, India Rises BL
SEC said to subpoena 12 AIG execs Reuters
Another Personal Coup for Gillette CEO Kilts BL
Newmont mine under fire AAP
IRS may go after slices of eBay sellers’ pie AP
Sony ordered to pay $90 million Reuters
Second-Lien Loans Surge Amid Goodyear Tire, Revlon Borrowings BL
If I Only Had a Hedge Fund NYT
West Palm hedge fund operators' assets to remain frozen Palm Beach
Cash Accounts Rebound WSJ
Chinese corruption FT China banks told to act on fraud BBC
More capital to tackle pension deficit China Daily
Australia grows fat on China's appetite Sunday Times
Nation's sugar shortage to grow in 2005 CD Industry plunders forests St
China's first jewelry stock taken off market Xinhua
Japan real estate investment booming, but could turn sour AFP
Brazil Central Bank Says Economy Slowing, Increases May Be Over BL
Will Gulf's Central Banks Try to Curb Excessive Increases in Stock Prices? Arab
Rocks Roil Waves for Korea, Japan Economies Pesek
Zimbabwe's economy falls on its knees Mail & Guardian
Goldshield chiefs arrested in inquiry Inde
Super-rich hide trillions offshore Observer
Study reveals assets 10 times larger than UK GDP
Companies champ at Iraqi oil bits AP

Holiday Long Weekend (March 25-27)
Stocks facing an uphill battle CBSM
The Coming Week: Car Jamming TheStreet
Bumpy road ahead for stock investors? USAT
Wal-Mart reports Easter sales softer CBSM
Greenspan’s Wake-Up Call Rings Bells NYP
Detroit's New Crisis Could Be Its Worst NYT
G.M. spends nearly $2,000 for each car or truck it produces in the United States on health care and pension benefits
GM Could Cut Dividend in Nod to Union, Bondholders Reuters
Dollar Heads for Biggest Winning Week in 11 Against Euro, Yen BL
Citigroup Advises Selling Dollar Versus Euro, Targets $1.3670
The Test Morgan Stanley (Roach)
Too Much Capital: Why It Is Getting Harder to Find a Good Investment Norris
Tiptoe Through the Tulips Schaeffers
In an investment world where complacency and obliviousness to risk had already become boundless, it was just a matter of time until it became shameless.
A Bull Market in Caution? EW
Speculator and Liquidity Unfriendly PBear (Noland)
Real Rates and Gold 8 Zeal
Not So False Perceptions Cross Currents
Home Sellers Fret As Mortgage Rates Rise AP
Putting Stock in Property LA Times
Trading Places: Real Estate Instead of Dot-Coms NYT
Real estate-crazed Americans have started behaving in ways that eerily recall the stock market obsession of the late 1990's.
PMI firms worry about a `bubble.' Should you? Boston Herald
Lenders import ways to extend mortgages to immigrants Bankrate
Inflation's Impact on Industries and Finances NPR (Audio)
Big deficits make the U.S. less secure CBSM
AIG reviews up to 30 transactions CBSM
Accounting mistakes could reach $3 billion, WSJ says
Report: AIG's Accounting Concerns Grow AP
AIG to Remove Greenberg as Chairman Should He Plead the Fifth BL
BP not insured for damage from Texas refinery blast Times Online
Big Three Lumbering Toward Failure WP
If GM Cut to Junk, Merrill Sees Asset Sales Reuters
S&P Is Concerned About Delta Liquidity AP
Wal-Mart Director Resigns After Probe AP
Krispy Kreme gets another extension CBSM
Short interest at record levels on Nasdaq, NYSE Reuters
New law blamed for accounting-report delays WP
A buyback binge for tech CNN
That's nice...but what about dividends?
Hedge Fund Firms Eye Going Public Reuters
Sorry, Soros NYP
"I knew it wasn't known to the general public, but I didn't consider it privileged"
"Wall $treet Week" canceled AP
Welch defends perks, talks about romance
Fifth Fidelity Trader Leaves Amid Probe AP
Most Funds Falter in a Forgettable First Quarter BL
Nobel laureates warn against yuan revaluation China Daily
Rise of London’s derivative culture Times Online
New fears over financial alchemy as City takes lion’s share of risk.
Japan Consumer Prices Have Biggest Drop in 20 Months BL
Germany: A First Warning Sign Morgan Stanley
Italy facing economic slowdown IHT
Bank of England's King attacks EU leaders over euro BL
Wage pressures threaten inflation target, says King Inde
Canadian Indians to Sell Debt, Seek Same Rating as New York BL
The Week Ahead: Inflation - An Overstated Peril? CIBC PDF
Putin sends a signal to Russian oligarchs IHT (NYT)
Former Yukos executive convicted BBC
Plasma TV prices fall flat Asahi
Prudential dumps blunder-prone Bloomer Guardian
Asia's Concerns About a Wolfowitz World Bank Pesek
U.S. set for Pakistan, India fighter deal CBSM

Treasury Note Investors Most Optimistic in Seven Weeks on Rise in Yields BL

Thursday March 24
Gasoline Jumps to Record, Crude Oil Rises on BP Refinery Blast BL
Home Sales Rise by Most in 4 Years BL Breaking through 6% CBSM
Durable Goods Orders Rise 0.3% BL Jobless claims in unexpected rise R
Dollar Advances to 6-Week High Versus Yen on Fed Interest Rate Outlook BL
The Fed May Be Talking Too Freely BW
Link between Treasury yields and dollar questioned FT
Spring Has Sprung and the Market's Done? Rostenko
Why you lose money in stock markets Rediff
The Overstretch Myth Foreign Affairs
Slumping U.S. dollar raises global warning flag Globe & Mail
The chances that the decline of the U.S. dollar will turn into a rout that triggers a worldwide financial crisis are “one in four and rising,” a U.S. economist said Wednesday.
The US dollar’s days as the World’s reserve currency are numbered FSU
I seem to be at a loss for words! Mogambo Guru
High-Yield Bond Spreads: Rarely Tighter.  BCAR
The balance of risks is shifting against high-yield corporate debt.
Money and Ethics Mix Like Teenagers and Whisky Gilbert
Medicare Heading for Financial Crisis WebMD
Health Program Deemed Worse Off Than Social Security
Social Security said to go broke in 2041 AP
The Business of America Is to Stay in Business LA Time
Standard & Poor's projects that American bonds will reach junk-bond status by 2030, as pension and health liabilities surpass 200% of gross domestic product.
Big deficit, little deficit: The Bush budget and Social Security EPI
Standard & Poor's downgrades Detroit's bonds DetN
Companies Increasing Prices After Holding Back for Years NYT
“You reach a point where you're as lean and mean as you can be.”
Expert: PPI/CPI Differential Indicates Serious Inflation Problem Ascribe
Proof You’re Getting Robbed At Gas Pump NYP (Crudele)
Crude oil prices were down nearly $4 a barrel over the past two days because the goon speculators are starting to lose their grip on the market.
The Great Real Estate Bubble Max Funds
Builders' sell sign is strong DiMartino
Proposed big jump in San Diego building fees draws a big backlash UnionT
Corporate Bond Issuance - Yearly BondMarket
GM woes shake up bond market as debt heads toward junk status G&M
General Electric Raises 1Q Profit Forecast AP
DaimlerChrysler files $14.2 bln debt shelf Reuters
Prognosis, Negative for the Biotech Group? Schaeffers
GE may buy bank in India, eyes defence Rediff
Coca-Cola shakes up global team IHT
Out on a limb and falling off Boston Globe
Does Bill Galvin really think Warren Buffett got hustled on one of his billion-dollar investment calls?
Why I Don't Own Berkshire Hathaway Complete Growth Investor
Citigroup, Putnam, JPMorgan, Amex Fined Reuters
The firms neither admitted nor denied wrongdoing.
George Soros Found Guilty in Insider Trading Case by Paris Appeals Court
Perle, Ex-Pentagon Aide, Faces SEC Suit on Hollinger BL
'Socially responsible' fund cuts Starbucks AP
Morgan Helped Sunbeam Inflate Its Finances, Judge Rules R
Hedge fund fees fell 21% in '04 on lower returns BL
Catastrophe Modeling: A New Approach to Managing Risk Wharton
Californian finds finger in bowl of fast food chili Reuters
Euro slips as reports show weak recovery IHT (R/BL)
Yen Falls to 6-Week Low After Confidence Drops at Manufacturers BL
China raises gasoline price by 7% China Daily
Shanghai banks withdraw tough mortgage rules TheStandard
Some bankers say the measures were not popular with many banks for which property lending is now the main profit driver.
Capital Land scraps IPO TheStandard  Bonds to finance Air China jets BL
Indonesia Postpones $1 Bln Bond Sale as Costs Rise BL
No Harm Done If Asia Swaps Treasuries for Roads BL
Asian Central banks will ultimately have to slow the pace of reserve accumulation and allow their currencies to appreciate.
A poorer OPEC no longer spreads its wealth CS Monitor
Europe's unfair voting rights Economist
Non-banks blamed for debt surge Australian
Nurgaliyev: Crooks Run 500 Key Enterprises Moscow Times
Shares slide out as Fed hits brakes Australian
Insurers fined for price-fixing in Germany IHT
Equitable may fight regulator on redress Times Online
Regime Change at the World Bank AEI
Bush Says Kim Jong-Il 'Must Listen' on Nuclear Reuters

Huge blast rocks Texas oil plant BBC  Gasoline hits a record after Texas fire
The refinery, the third-biggest in the US, produces 3% of the US’s oil supply

Wednesday March 23
Falling Oil Is No Cure for Fed Hangover TheStreet
Gasoline Futures Rise to Record; Texas Refinery Fire Raises Supply Concern BL
Crude Oil Falls as U.S. Inventories Jump to the Highest Since July 02 BL EIA
Existing home sales slip in Feb. CBSM
CPI can't reflect everybody's reality Burns
Inflation Accelerates; Consumer Prices Rise by Most in Four Months BL BLS
Treasury Notes Fall BL Futures down after CPI surprise CBSM
Crude Prices Dip Sharply in Asia AP
Federal Reserve's `Mixed' Message Suggests In-House Debate BL
The Fed's Stealthy Bias Shift BW
Fed increases breed anxiety WSJ
Fed Isn't Saying 3.25% Rate Is a Must in May BL
Who Does Mr. Greenspan Think He Is? EW
Bubbles Abound In a World of Ready Cash WP
Measure for measure Economist
Bond investors are becoming increasingly rattled by trifles. Does this imply a crisis, the “measured” return of rational pricing, or neither?
The Danger of the Debt Trap Mises
Ill Winds For Real Estate Weedco
Homebuyers duck for cover CNN
San Francisco's Goldilocks Market NYT
Mortgage Applications Decrease Last Week Reuters
S.C. home sales jump in February Knight Ridder
GM to sell mortgage unit? CNN
GM in talks to sell commercial mortgage lender in deal that could bring it $1B
GM loan plan with GE could end early DJ
The president has lost on Social Security. How will he handle it? Slate
The lonely contrarian Hulbert
Options expense would eat 5 pct of SP 500 net-study Reuters
Options: The Choice of Californians and Crooks Fool
Cisco Lowballs Option Charges as Deadline Looms BL
Oracle fails to impress CNN
Automakers yanking 0% financing deals USAT
Scraping the bottom of the barrel Asia Times
Accounting checks delay 10-K filings CBSM
Hundreds of U.S. companies fail to meet federal deadline
EU Examines More Complaints Over Microsoft AP
Goldman Sacked NYP
Gov't Confirms Criminal Probe of Hollinger AP
Farmers Inadvertently Receive Biotech Corn AP
A Bubble Too Far? AIR  Bubble Top or More to Go? FS
You don’t have to be a hardcore pessimist these days to conclude that spot fuel and commodity prices have run too far ahead of market fundamentals, increasing the risk that reality will come with a bang
Asia tumbles after U.S. losses on Fed CBSM
Nikkei at 4-Week Closing Low AP
Investment Bubble Builds New China   NYT
The $1.3 billion question: What will happen to the renminbi Setser
Japan nationwide land prices fall 5.0 pct in 2004, 14th year of decline AFX
Japanese Billionaire Tsutsumi Prosecuted With Insider Trading BL
50-Year Bonds May Help Japan's Global Status Pesek
German March Business Confidence Declines BL
The ECB Faces a Fiscal Fight With Its Governments BL
Leading Developer Warns of ‘Bubble’ GlobeSt
Bank of Ireland accused of 'vulgar greed' over job cuts Guardian

Tuesday March 22
Fed Keeps ‘Measured' Plan, Says Inflation Pressures Picked Up BL Statement
Emerging Market Bonds Drop After Fed Says Inflation Pressures `Picked Up' BL
 Wrong-Way Greenspan Strikes Again NYP (Crudele)
Fed's Debate on Inflation Targets May Shape Post-Greenspan Era BL
Analysts disagree on course of US Fed AFP
Fed Increases Prompt Probe for Weak Links WSJ
Fed rate-hike campaigns tend to precipitate financial crises. Is another in the offing?
Should central banks try to curb excessive stock prices? ina
Producer Prices in U.S. Rise 0.4%; Core Rate Increases 0.1% BL BLS
Oil Prices Ease on New OPEC Initiatives AP
Rates on Treasury Bills Hit 3-Year High AP
Economists: Federal deficit a bigger risk than terrorism Reuters
Burning Bridges and Halfway Houses Fekete
Why the market will dodge a dollar disaster Jubak
US exporters fail to reap benefits of lower dollar FT
The bear is back Warsaw BJ
Once again there are many who suggest we are in a new paradigm, a new truth, a new reality and that certainty is here or just around the corner.
The 'housing bubble' Knight Ridder
Fallen angels face higher risk of default FT
General Motors' Debt Costs Surge to 2-Year High as GE Withdraws Support BL
Investors bet on GM downgrade chances FT
Fannie Shrinks Loan Portfolio AP Considers McDonough as Chief BL
Bond trades cleared BL
Law enforcement officials determined that the Citigroup trades were not forbidden under rules in place at the time...The government bond trades are still being examined by British, Italian and French authorities.
Executives Cash In, Regardless of Performance WP
Five Dozen Companies Seek Filing Delay   CFO
Electronic Arts warns on earnings CNN
Alcoa to Cut 2,000 Jobs; Sell Elkem Stake AP
BOFA Fires Two Execs Over Tip NYP
Report: AIG Fires Two Top Executives AP
Black called 'ungovernable' G&M
Record fine for baby goods maker CNN
NASD Analyst Rules Put Investors on Murky Trail BL
World Gold Council appoints Pierre Lassonde as Chairman WGC
China Goes for Growth MS (Roach)
Beware of China Fool
China bank robbers: An inside story IHT (NYT)
The state-run banks had bad loans valued at around $204 billion last year
The glorious role of Tung Chee-hwa Asia Times
Not your father's China trade CS Monitor
The most populous country in the world is redefining the rules in the global manufacturing game
China Shipbuilding `Juggernaut' Gains on Japan, Korea BL
Bank of England's Barker Sees Signs of House-Price `Bubble' BL
ECB concerned on deficit spending rules Business Week
CB Doubles Euro's Share of Ruble Rate Moscow Times
South Korean Economy Grows at Fastest Pace in a Year BL
Dodge Says Rates to Rise, Higher Dollar `Appropriate' BL
Toyota set to build 3rd China plant IHT (BL)
BBC announces 2,050 more job cuts IHT
Top US Treasury official resigns Advertiser
NAB rogue trader pleads guilty Advertiser
US government to start special monitoring on textile imports Xinhua

Monday March 21
Time Warner to Pay $300M to Settle Charges AP
U.S. Stocks Fall on Interest-Rate Concerns; Citigroup, Financials Decline BL
North American stock markets weighed down by energy, rate concerns CP
Gold down in Europe as U.S. rate talk lifts dollar Reuters  Gold Slammed
Dollar Gains After Asian Official Says Banks Shouldn't Rush to Buy Euros BL
Fed Reconsiders `Measured' Pace as Inflation Pressures Mount BL
What if Greenspan successor turns out to be bubblebuster? Chicago Tribune
Uncertainties Facing the Fed Morgan Stanley (Berner)
Don't Discount Discounted Dividends Hussman
Corporate America's New Achilles' Heel Business Week
Overreliance on profits from finance units may be setting companies up for a fall
Household debt at historical high Brimelow
The uneven burden of money's higher cost CS Monitor
US economy and current account deficit fallacies Brookesnews
Betting Against the Dollar (If You Dare) Wall Street Journal
GM's woes one more blow to housing bubble MSN (Fleck)
Oil Prices Near $57 on OPEC Skepticism AP
Oil becoming an obsession DiMartino
Gasoline Prices Rise to Record -Survey AP
White House Studies $4 Gallon ‘Nightmare’ Scenario Drudge
Saudi 'overspending keeps oil price high' Times Online
SA Needs oil price of about $38 per barrel to pay its bills.
Saudi minister: Kingdom can raise oil supply by 1.5M bpd
Markets worry too much about oil price risks Inde (King)
How long will Wall Street be blasé about oil prices? USAT
Energy Funds Shrug Off Bubble Talk TheStreet
Nigeria's Two Oil Unions Threaten Strike AP
Investment Banks Are Too Dependent on Hedge Funds BL
Scandal fallout: tougher evaluation of CEO pay CS Monitor
Spending on tech seen as stagnant Reuters
Pop! Goes the Auto Bubble Business Week
Job cuts loom at GM? Reuters
Automaker holds above 'junk,' but for how long is unclear CBSM
The telecom bubble keeps on bursting IHT
A Slowdown in the Homebuilding Sector? Droke
EU Threatens Microsoft With New Fines AP
IPOs Wane as Quarter's End Nears Reuters
Average tax refund up 6.6% bl
Assets tied to dollar bear brunt of decline IHT (BL)
Hong Kong, Malaysia and China are Asia's worst-performing stock markets this year, and all three have their currencies pegged to the U.S. dollar. A fund manager at TAL Global Asset Management in Hong Kong, believes this is more than a coincidence.
Forecast: China to maintain around 8% growth through 2010
As China rises, US taps Japan as key Asia ally CS Monitor
China forex chief warns of 'excessive speculation' amid huge fund inflow AFP
UK exporters worried by China expansion Guardian
US, Germany, France, UK face junk debt status FT
History repeats itself in Japan Pesek
Japan has a unique talent for killing economic recoveries just as they get going.
Stock, flow of economy provide key insight into monetary policy Japan Times
Share prices give credence to Japan land report leak F
This suspicious market activity follows an alleged insider trading scandal at the Ministry for the Economy, Trade and Industry earlier this month...
Is the Australian economy heading into recession? Brookesnews
Why Germany can't create jobs CS Monitor
Debt study fears 'time bomb' for 15m struggling borrowers Times Online
Secret of Thailand's Success? It's the Women Pesek
Waiting for the Pakistan Economic Bubble to Burst, With Fury South Asia T
The most worthy advice is that when taxi drivers begin buying stocks, it's time to get out of the market
International Paper, Canadians Tussle Over $3.5 Billion Payout BL
Fears for Coventry plant as Peugeot scraps 850 jobs Times Online
Former China Construction Bank chairman faces US lawsuit AFP
Yukos Execs in U.K. Avoid Extradition Moscow Times
Attack on Chubais Clouds UES Plans Moscow Times
Could globalization collapse? Axis (Foreign Affairs)

US Notes May Rise - GM's Rising Yields May Hurt Corporate Borrowers BL

Weekend Edition (Mar 19-20)
Stocks seen pressured next week CBSM
America Smells the Coffee Morgan Stanley (Roach)
Booming Broker Finance and Market Tops Noland
The New Retirement Model Mauldin
Trading with the CRB Zeal
The View from the Summit of Hubbert's Peak Kitco (Auerback)
Housing's high P/E ratio may make it market's next dot-com Globe & Mail
Housing and Trade: Virtuous Cycle about to Become Vicious? Calculated Risk
Treasury Secretary Greenspan Has Nice Ring to It Baum
Death of the dollar FinanceAsia
Stiglitz predicts dollar will cease to be world's reserve currency
An Interview with Jim Rogers Kitco
U.S. Relying More on Foreign Investors AP
Fed Bars Citigroup From New Acquisitions AP
Washington, We Have a Problem ... NYT
Wal-Mart Escapes Criminal Charges in Case AP
Malibu gas station already charging more than $3 a gallon KLTV
Number of older workers is increasing USAT
Stock-purchase perk may get harder to offer to employees WSJ
The Week Ahead: In Boiling Oil? CIBC PDF
OECD hits at failure to crack down on corrupt businesses Times Online
Portus probe focuses on wire transfers G&M
The final, frantic days of Jetsgo G&M
Steel glut feared Townsville
"New capacity that is not based on market principles could artificially depress steel prices worldwide."

Friday March 18
Consumer Sentiment Unexpectedly Falls, Damped by Record Gas Prices BL
Crude Oil Prices Edge Toward $56 a Barrel AP $ Up - Gold Down
Commodities, Gold & Oil: They're all hot Aden Gas hits all-time high CNN
Can anyone stop the rise in oil prices? CS Monitor
Structural Imbalances Coming to the Fore Comstock
Fed may get more aggressive CNN  CBOT Fed Watch
So long, measured. It was nice knowing you.
Schaeffer on Charts: Line Dancing Schaeffers
All Roads Lead to Gold and Silver Texas Hedge
Government Lesson No. 1: Government Inteference with Economics Sybil’s
Fixed-rate mortgage rates hit seven-month highs AP
New Low for Late Mortgage Payments LAT
Fannie Mae to Miss 2004 Filing Deadline AP
Regulators Find Falsified Signatures
Fed warns Citi of tighter scrutiny CBSM
Citigroup, Morgan Stanley Named in Probe Reuters
GM faces cost-cutting challenges to survive into future AP GM: $300 Billion in Debt About
Steel Industry Executives See Big Payouts AP
Northwest to park 30 planes, 900 mechanics UPI
Philadelphia Corruption Trial Has Sharpton Cameo
Ex-Halliburton staffer indicted in fraud case HC
Some like it hot Economist
Guo Guangchang is bullish on China's two most bubble-like businesses
German Producer Prices Rise Seventh Month in Eight BL
Emerging Market Bonds Gain After Biggest Weekly Drop Since May BL
Cattles blames home loans for debt crisis TO
Yen loans to China to end by Olympics Asahi

Thursday March 17
Oil tops $57 for first time CBSM Historical Prices EIA  Inflation Adjusted
Oil Scales New Highs, OPEC Helpless R  OPEC Speaks, Nobody Listens BW
Emerging Market Stock, Bond Markets Decline for Second Day BL
U.S. weekly initial claims fall 10,000 CBSM
Asia/Pacific: Another Spring Scare? MS (Xie)
Bond Bears Worry the Picnic Rug Will Get Pulled Gilbert
The Bubble Cycle is Replacing the Business Cycle Janszen
Economic Presentation: Canning the Conundrum CIBC PDF
Fed Will Stay With `Measured' Rate Increase Berry
Individual investors the key to US deficit Financial Review (BL)
"Before central banks can act decisively, foreign private investors, who have no motive to buy dollars other than expected returns, will have fled. It is they who are key to the financing of the US current account deficit."
Dear Diary, Today The Mogambo says Mogambo Guru
Outsmarting Market Trends MorningStar
The normalized P/E, Q ratio, and market-capitalization/GDP ratio are unsustainably high.
A Stock Picker Speaks Smart Money
Up, up and away -- home prices soar SFC
It went for 33 percent above the $419,000 list price
Beat the bubblicious real estate market Business Week
Analysts: Some fear bursting `bubble' KRT
Formula puts price on greed DiMartino
Sellers and owners cashed in $640B of home equity in 2004
Americans Save So Little, but What Can Be Done to Change That? NYT
Senate Votes to Open Alaskan Oil Drilling AP
Fed debt levels not unprecedented Brimelow
Collision course EPI  House backs $81.4B war spending bill Reuters  Burns
The Bush budget and Social Security
Off Track Washington Monthly
America's economy is losing its competitive edge and Washington hasn't noticed.
Do Corporate Scandals Move the Dow? EW
Global Resource Stocks: Is A Correction Underway? BCA R
Credit Derivatives Surge 55 Per Cent: ISDA Year-End 2004 Market Survey ISDA
Survey of Foreign Exchange and Derivatives Market Activity in 2004 BIS
Hedge funds seek tips in the halls of Congress IHT (BL)
Breaux is one of a growing cadre of lobbyists being hired by U.S. hedge funds to provide instant tips on the progress of potentially market-moving legislation
GM faces junk-bond status after profit alert Times Online
GM's woes are just beginning MSN  13-Year Low
Auto Suppliers Feel Effects of GM Forecast AP
General Misery Smart Money
ll those critics who said the big rebates would simply borrow sales from the future have been proven right
Ford's Turn to Laugh at GM Won't Be Best or Last BL
Goldman Sachs Reports First Quarter Record Earnings BW Morgan Stanley
Toys 'R' Us sold for $5.7B? Reuters
Compuware cut prices to compete DetFP
EchoStar: Audit Found Shortcomings AP
IBM to Lay Off 500 Workers in Sweden AP
Kodak to restate results, delay annual report CBSM
Outback Steakhouse restates 3 yrs CBSM
J.P. Morgan settles for $2B CNN
Hedge Fund Manager may have fled, lawyer says IHT (BL)
eBay Must Relitigate Patent Injunction TheStreet
Spitzer Has No Plans to Probe Buffett About AIG's Greenberg, Person Says BL
Beware of earnings season hype CBSM
Bankrupt United pays CEO bonus Reuters
NYSE's Earnings Fall 50% in 2004 as Bonuses Double for Operating Chiefs AP
Gold Miners Risk Foundering as Inflation Chews up Margins Wood
Horse sales soaring NWA
China's banks tighten grip on property loans CD Property Stocks Drop
India, China locked in energy game Asia Times
China will need to boost oil imports to meet future demand AFP
Save stock market from doldrums China Daily
Wen: "Although I seldom speak on the stock market, I watch it every day"
Brazil Raises Benchmark Rate to 19.25%, 17-Month High BL
Property weakness drags London down FT
Berlin property market: Heavily mortgaging the future DB Research  PDF
Lifting Of Bank Deposit Guarantee Aids Japan Gold Demand Dow Jones
Plot foiled to steal 421 million dollars from Sumitomo in Britain AFP
Italian carrier warns of bankruptcy Business Week
Day of reckoning for Swiss SwissInfo
Precious few answers in receiver's Portus Q&A Globe & Mail
Shareholders' dismay at lack of consultation FT
"This appointment will only serve to confirm suspicions that the World Bank is a tool of US foreign policy."
Bush: No Timetable for Troops Coming Home AP
No time set for UK troops to quit Iraq - Blair Reuters

Wednesday March 16
Emerging Market Stocks, Bonds, Currencies Fall as Investors Flee From Risk BL
Crude at all-time high of $56.10 BL Weekly Petroleum Data DOE
GM warning flattens stock futures CBSM
Trade Deficit Hits Record $665.9B in 2004 AP
Current Account Deficit in U.S. Widens to Record $187.9 Billion on Imports BL
U.S. industrial output rises 0.3% in Feb CBSM FED
Housing starts rise to 21-year high CBSM Census
Mortgage Applications Increase Last Week Reuters  MBA
Monthly Economic Outlook Wachovia PDF
Not only do fundamentals point in the direction of further dollar weakness, but technical indicators do as well...
Starkers Economist
The dollar may get another short-lived respite but it is heading inexorably down. The question is how much it takes with it
Fund managers wary of bonds Times Online
Merrill found more institutions declaring themselves overweight in shares than at any time since it began its monthly poll in 1999.
Alan Greenspan Takes a Bath GQ
For the first time in eighteen years, there is nothing left to lose, no reappointment looming over his head, no political allies to defend. The only thing left to protect is his legacy—but to do so, he may have to speak.
An Action Plan to Stop the Market Manipulators Now IIE
OPEC Will Raise Production for Fourth Time in Year in Bid to End Oil Rally BL
A Snapshot Look at Oil Aden Analyst: Oil $60 Daily Telegraph
Peak Oil Presentation in the US Congress EBulletin
Running on empty Salon Reposted
Natural Resources Are Red Hot Smart Money
Gasoline flirts with record highs Reuters
Copper Futures Rise to Record in London on Surging Demand BL
Cruise prices to surpass pre-2001 levels USAT
Is the Global Economy Unstable? Washington Post
Bush setting U.S. up for financial fall Chicago Sun Times
Flirting With Deficit Disasters Washington Post
Deficits Make You Poorer Paul
Bringing back debtor's prison OpEd
Thomas Sowell on 'Why Economists Are Not Popular' Maine PPI  PDF
Even when you don’t realize that you are bidding against other people, you are.
Gambling on Granville Hulbert
As company priorities shift, fewer get AAA debt rating USAT
Barrick Says Order to Settle Lawsuit 'Normal' Procedure Reuters
General Motors Sees $1.50-Share Loss in First Quarter on Production Cuts BL
Shareholders sue to block Gillette sale CBSM
Even Buffett Can't Avoid Dark Clouds Settling Over Insurance Industry NYT (R)
America West sees 'significant loss' on fuel costs BL
Toys R Us says 4Q figures delayed to reflect change in lease accounting AP
Deaf, Dumb, & Guilty NYP (Crudele)
Ken Lay & Co. should be nervous Reuters
Dick Grasso turned the Big Board's corporate jet into Air Grasso NYP
N.J. revokes licenses in Merrill case Reuters
PepsiCo worker charged with fraud CNN
SEC Files Charges Against Ex-Qwest CEO AP
Extravagant CEO pay is back MSN  Big Board, Big Bonuses Newsweek
U.S. worried Japan would unload dollars amid '90s friction Japan Times
"Of course, the big concern is always, what happens when the financiers become tired of providing the money?"
Japan threatens to resume artificial weakening of yen Times Online
China fixed asset investment up 24.5 percent in first two months AFP
Chinese bank float plans are rocked by 'sacking' of chairman TO
A New Chinese Leading Index ECRI
Euro Strengthens After Trichet Says European Economy Picking Up BL
European Stocks: Risks Are Rising BCA Research
Panic selling as house prices slide CityWire
Home buyers 'can pick and choose' BBC
Loonie Boom - How The Soaring Dollar Is Sustaining The Canadian Housing Market CIBC PDF
Economic indicator points to Australian slowdown AFP
Investors in hedge fund blow-up join forces IPE
“It appears that certain accounts in the books of Phoenix do not exist at any company at the Man Group”
India hopes to wean citizens from gold IHT
If currency goes cactus, trust in silver Courier-Mail (Reuters Repeat)
Rosneft sues Yukos for $11bn in tax row TO
OSC alleges trading violations Globe & Mail
12 Standard Chartered bankers briefly detained by Philippines senate AFP
Strabane Will Return To '1950s Recession' Derry Journal
'Broker poaching' verdict TO

Tuesday March 15
Stocks Close Lower on Inflation Worries AP
Ebbers Convicted of $11B WorldCom Fraud That Led to 2002 Bankruptcy BL
Ebbers, 63, had been charged with one count of conspiracy, one count of securities fraud and seven counts of filing false statements with securities regulators. He faces up to 85 years in prison.
Greenspan: Budget Gaps Threaten Economy Reuters  Testimony
January's foreign capital flows jump CBSM Treas
Factory activity edges up in New York CBSM NYF
U.S. Jan. inventories remain lean CBSM
U.S. Retail Sales Rise on Department Store, Auto Purchases BL Census
Korean Aide Says Limit to Asian U.S. Debt Funding BL
“There is widespread recognition that the ongoing trade imbalance between Asia and the U.S. -- that is, Asian saving financing U.S. consumption -- can't be sustained”
Dollar slips on rising oil prices FT
Economists forecasting a recession Union Tribune
“From the height at which we are standing today, there is only one way to go – down”
How Fast Can an Economy Go From Good to Bad? FallST (EW)
Hedonic Hedonism 1/2 FSU
Low Volatility Pointing To Some "big Moves" In Investment Markets! Faber
Stock Market: CNBC Report Safe Haven
Hedge fund secrecy hard to understand FT
Recognition, Revaluation, & Reallocation Puplava
Demand may rise until $80 Oil BL In the grip of oil CBSM
Opec members oppose Saudi oil boost Guardian
"We could do a goodwill gesture, but it doesn't mean anything in terms of reducing the price"  The Oil Problem S
Unmoved by Saudi pledge ~ Graphic ~ World Oil Prices
OPEC: Extra Oil May Not Cap Price Boom   AP
For OPEC, Iran talks are a first in 34 years IHT (NYT)
Experts see bubble in high oil prices NYT
How to deceive friends and influence people: Oil crisis lies A
Expect $2 gas - and probably more - as spring sets in HC
Valley Home costs reach record Arizona Republic
China's Currency Policy Leading to Housing Bubble in U.S. PRN
Real Estate: Avoid the Burn Business Week
In a market this hot, home buyers and investors can easily get singed
They call them flippers Money Magazine
Buy. Sell. Profit. Repeat. Investors are flipping houses to build wealth.
Real Estate Reliance May Hurt California LAT
The state could take a big hit with a housing market downturn, a UCLA study warns.
Freddie Mac: A Mercantilist Enterprise Mises
The Fed's Take on Real Estate Business Week
Greenspan Shields Fed's Political Independence Berry
The politicization of Alan Greenspan Seattle Times
Whom to believe -- Buffett or Greenspan? Jubak
“We've been down this "it's different this time" path with the Fed chairman before.”
America's politics of savings Business Times
Social Security, budget woes mean painful choices loom USAT Graphic
The Burden of Social Security Taxes and the Burden of Wage Inequality Baker
Measuring default risk premia from default swap rates and EDFs BIS  PDF
Manpower Survey: Healthy U.S. Job Picture Continue Through June PRN
The sky may be falling in land of autos Det FP
“We've got to do something. They're somewhere between 2 and 4 years off from a real calamity”
US Airways gets new financing Reuters
Kraft Foods Raises Coffee Prices by 12% AP
Get ready for $4 cup of joe at gourmet coffeehouses Baltimore Sun
Krispy Kreme offered investment cash by firm AP
Lehman's Profit Rises 31 Percent to Record on Investment Banking, Trading BL
AIG's Greenberg Toppled as Investigations of Insurer's Practices Took Toll BL
Ebber jurors truly his peers NYP
Charles Schwab sues TD Waterhouse Globe & Mail
Ex-BofA Broker to Be Tried in Fund Case Reuters
SEC Charges Two Former Buddies of ImClones' CEO With Insider Trading AW
Witness questions IBM timing Det FP
Double/Triple Top on Nasdaq Keeps It Range Bound Schaeffers
NYSE facing challenges of competitive market AP
Hedge funds swell revenue at investment banks IHT (R/BL)
$95M Trimmed from SEC Budget Request CFO
Gold to reach $450 shortly Lee
Merrill backs China’s gold market Business Day
Bundesbank says gold sales decisions not political Reuters
Discussions on the Global Imbalance MS (Xie)
China's Industrial Production Gain Exceeds Forecasts BL
Retail sales climb 13.6% in China IHT (BL)
FDI inflow drops in first two months China Daily
An ‘Unexpected' Change in Yuan Isn't Imminent BL
My China expedition finally begins Blodget
China Sees Boom in Oil Exports by Rail Moscow Times
PetroChina sells West-East gas faster than expected SD
Major players locking in credit while it's cheap TheStandard
Risky business SMH
“When there's lots of money chasing a limited number of investments, the relationship between risk and reward can get out of whack.”
Lehman puts housing crash risk at one-in-four Independent
German president comments on unemployment AP
Central bank monitors fund inflows Taipei Times
IMF supports Malaysia’s peg to US dollar FT
Pension funds await decision on launch of 50-year bonds FT
Jetsgo sent jets to Quebec Globe & Mail Jetsgo's gone, minister 'AWOL' Sun
Era of derivatives competition that never was FT
Decks cleared for F&O in commodities Financial Express
Oil companies eye Iraq reserves AP
Halliburton in $108m Iraq probe BBC
Sensors detect anthrax at Pentagon mail facilities CNN

Running on empty Salon ($)  Herold ~  Related: Simmons ~ Hubbert
The leading energy analysts who foretold Enron's demise have an alarming new claim: The world's major oil companies are almost tapped out.

Monday March 14
Saudi Urges 2 Percent Rise in Oil Output AP
Crude futures touch $55 but pull back CBSM
Aluminium Breaks The US$2,000/Tonne Barrier Minesite
NY gold and silver battered by profit taking early Reuters
Enron's Ken Lay: I'm A Victim CBS
Getting Un-Specific: Point Forecasts vs Probability Distributions Hussman
The China Disconnect MS (Roach)
The Fed sees bubbles -- and keeps them secret MSN (Fleck)
Bottom Dollar Newsweek
The greenback's fall is stoking fears of a global crisis. Behind the slide: a world economy wildly out of balance
A Safe Haven's Risks Newsweek
A crisis, like a large-scale terrorist attack, might send investors fleeing from dollars to other currencies
Black Swan Currency Currents BS PDF
Growing fears credit boom may implode FT
Bankruptcy advisers are hiring extra staff amid fears that an end to the global credit boom could spark a surge in business failures in the US and Europe.
Real estate rates headed uphill Inman
Only crashing of stocks, housing can stop rate hikes
Beware the Quiet Bear   Newsweek
Funds Get Physical in Commodities Boom Reuters
Commentary: Dow's breakout just another fake-out CBSM
Investors shrugging off problems? CBSM
Jobs are returning, but now we face a wageless recovery DiMartino
Will boomers cash in? CS Monitor
If the nation's 80 million boomers fund their golden years by pulling their trillions of dollars out of stocks and bonds, markets could tumble
Saudi Arabia Urges OPEC to Increase Oil Production to Meet Higher Demand BL
No relief in sight from huge oil demand, tight capacity squeeze AFP
Rise in gas prices hurting sales of big SUVs, trucks Reuters
Poor advice costing home buyers thousands North Texas E-news
Hedge fund virtually bare Palm Beach Post
All that may be left of KL Financial's assets is about $1.5 million.
Please Hold the Applause for Chip Stocks WSJ
Philip Morris Offers to Acquire Indonesia's PT Sampoerna for $5.1 Billion BL
Iger Succeeding Eisner As Disney's CEO AP
Report: Greenberg Out as AIG Chief Executive TheStreet
Avocent Cuts Its 1Q Revenue Outlook AP
Weaknesses Delay Interpublic Filing CFO
Day traders have changed, but risks are the same Mecury News
Too Little, Too Late NYP (Byron)
You’d think that a sense of shame would alone be enough to rouse the Commission to action. But PR posturing is about as far as the SEC ever gets...
Will gold sector miss the party? Brimelow
Japan Says Economy Grew in 4Q04, Reversing Contraction Estimate BL
China Premier Decries Currency Pressure AP
Yuan Forwards Rise; Wen Says Change May Come Unexpectedly BL
Forbes Billionaires Underscore Asia's Wealth Pesek
U.S. manufacturers, unions losing patience with China currency Lateline
Deciphering a Chinese puzzle Dallas Morning News
Japanese net sellers of 647.5 bln yen of foreign bonds in February - MoF AFX
Japan's banking system awash with cash FT
The BoJ is offering money, carrying the hardly onerous interest rate of 0.001 per cent, for up to 11 months
Icarus aloft Japan Today  Saving The Sun Amazon
All Budget bets are off if UK growth falters Independent (King)
Mexico Mulls Silver Lining Against Currency Crash Reuters
An influential Mexican businessman wants to reintroduce silver coins as legal currency and, far-fetched as it may sound, the idea is winning support.
Coal shortage curbs India industrial output BL (IHT)
India Inc switches to DRs as US interest rates rise Financial Express
Erratic rand to keep markets guessing Business Day
Bookies warned on 'dirty' Cheltenham cash Observer
Spanish arrests put Yukos in dock Guardian
Yukos Mom on Hunger Strike Moscow Times
41 held in money-laundering probe Reuters
China takes on America Standard
Chinese legislature passes law authorizing force against Taiwan CP

Dollar May Drop ~  Gold May Gain Treasuries May Fall BL

Weekend Edition (March 12-13)
All about oil and inflation CNN
Concern Over Inflation Could Intensify AP
The Trade Deficit End-Game Mauldin
The Booming Economy? Part Two Chapman
CRB 300 Breakout! Zeal Too Sanguine About Commodity Price Rises DJones
Q4 2004 “Flow of Funds” Noland
Kudlow on the Trade Deficit Safe Haven
Insights into the world / U.S. economy gives world tremors Yomiuri
America's Total Debt Report - Update 2005 FSO
$40 Trillion - and Soaring
When will Nasdaq retake 5,000? CBSM
Investors hope they'll live to see new records
Greenspan should have removed the punch bowl Telegraph
An end - at last - to irrational exuberance Observer
Buffett's Tips: Don't Overtrade, or Panic AP
Bankruptcy bill could be debt of us Newsday
Valley workers left behind as cost of housing soars Arizona Republic
WorldCom Teaches a Pricey Lesson NYT (Morgenson)
Dot-com jester serious about online ad sales AP
AT&T Execs Would Receive $31M in SBC Sale AP
Government takes over United pension CNN
Siebel's option grants examined Mecury News
Panic at Enron as it unraveled NYT  Conspiracy of Fools: A True Story Amazon
Ousted Boeing CEO's Wife Files for Divorce AP
EU warns of action over Chinese textiles surge AFP
Textile Expotters Lose Market Share Korea Herlad
China warns against being hasty with safeguards on textile exports AFP
China may allow steel futures to protect firms against fluctuating prices AFP
Dollar's Fall Silences Africa's Garment Factories NYT
OPEC May Allow Pumping Above Limits Reuters

Dollar Has Biggest Weekly Drop Since Dec Versus Euro on Trade Deficit BL
U.S. Treasury Notes Fall After January Trade Deficit Widens BL
Facts, Assumptions, and Trying Too Hard EW

Friday March 11
Dow Closes Down 77 While Nasdaq Falls 18 AP
Trade Deficit in U.S. Widens to $58.3B as Imports Surge to Record BL Census
T-Notes Decline After U.S. Trade Gap Swelled to Second Largest Ever BL
Dollar Stuck Near Lows Ahead of U.S. Data Reuters
Dollar sentiment was also impacted after India's central bank governor said diversification of its foreign currency holdings was being discussed within the bank and was a subject of ongoing debate among all central banks.
China, Greenspan rub salt in dollar wound Asia Times
Dollar catching Asian flu Asia Times
Crude Oil Falls on China's Lower Imports, Higher U.S. Supplies BL
Global Financial Risks Are Building BCA Research
Oil demand 'set to soar in 2005' BBC  IEA
Energies are getting too frothy 321
Employment Numbers Without the Spin Comstock
Monetary Deception and Spin Fools the Public – Not the Stock Market FS
The Paradox of Stability MS (Roach)
Maritime frenzy may be prelude to Greek tragedy Guardian
Fresh bubbles invite comparison with the dotcom crash. So have investors learned nothing?
Watching the bubbles bounce Norris Looking Back
Happy Anniversary, Nasdaq! My, How You've Shrunk Schaeffers
An Old Stock Market Story of Greed and Punishment Currier
Senate Passes New Bankruptcy Legislation AP
Bracing for a Bankruptcy Rush NYT
Crisis? Not in Social Security. Deficits drive the problem USAT
Washington raids trust fund, threatening future generations.
Slanting Social Security NYT (Krugman)
The California effect CNN
Flush with equity, Californians are driving up home prices in markets outside the Golden State.
Long-Term Jobless Find a Degree Just Isn't Working LAT
Intel Shares Gain After Chipmaker Predicts Sales at High End of Forecasts BL
Hedge Funds Generate $25 Billion of Fees for Investment Banks, CSFB Finds BL
How Long Can G.M. Tread Water? NYT
Warner Music Plans to Raise as Much as $750 Million in Initial Stock Offer BL
KPMG Audit Prompts EchoStar Probe CFO
Wal-Mart labor battle putting Quebec on edge IHT (NYT)
Outsourcing Innovation Business Week
McDonald's may outsource drive-thru Reuters
Phil Purcell's Credibility Crisis Business Week
Gates still tops Forbes richest list CBSM Billion-$$ Diva NYP  Forbes
Who Determines International Standards CFO
Utility, commodity: IT to follow electricity? Cnet
LCD recovery is a long way off TT
With S&P, You Get What You Pay For TheStreet
Asian Central Banks Play Chicken With the Dollar Baum
Chinese inflation on the rise, again AFP
China's forex chief warns against "hot money" AFP
China Reduces Dollars in Reserves, Increases Euros, Lehman Says BL
Import growth weak; exports remain strong China Daily
Asia/Pacific: The Professionals Morgan Stanley (Xie)
Hong Kong's new face Financial Post
Japan's land values continue to tumble Asahi
ECB will act ´if necessary´ to curb strong money supply growth - Issing AFX
German Inflation Accelerated in February on Oil Costs   BL
Telecom Italia's 50-Year Bond Shames Governments BL
When investors are lining up to lend more than $1 billion for 50 years to a former typewriter maker, you're not in Kansas anymore, Toto.
50-year bonds on the way in Budget Scotsman
Will Bollard's tough call tip economy into recession? Stuff
The new Pharaohs Economist
Zimbabwe banks over worst, confidence low, say bankers Reuters
Mars workers in 'state of shock' as 700 jobs go in UK Guardian
Jetsgo shuts down, strands travellers CBC
An unmerry Christmas for HBC G&M

Greenspan: Budget Deficits Pose Big Risk AP Speech
Record U.S. Current Account Gap Is No Crisis, Greenspan and Bernanke Say BL
Is Ben Bernanke The “Reincarnation” Of Manley Johnson? Kasriel
U.S. debt rises at fastest pace in 16 years CBSM

Thursday March 10
Dollar Under Fire from All Sides Reuters
US Feb budget deficit $113.9 bln   AFX Treasury
U.S. Treasury to sell $38.00 bln bills on Monday Reuters
Crude Oil Falls Amid Rising U.S. Stockpiles and Declining Chinese Imports BL
Mortgage Rate on 30-Year Loan Rises to 5.85 Percent, Highest Since August BL
Delta Warns on Bankruptcy Protection AP
U.S. 10-Year Notes Decline on Concern Japan to Diversify Currency Reserves BL
Bond Strategists: Commerzbank Sees 4.9% U.S. Yield BL
Jobless claims rise ~  Oil Dips ~  Stock futures drift ~  Gold Eyes $450
Has the Junk Default Rate Bottomed Out? CFO
Blue Chip Bumps Up GDP Forecast Reuters
Rumor Mill Makes Oil NYP (Crudele)
Tired of paying too much for gasoline, Americans will soon hunt down oil speculators and hang them from the nearest rig.
IMF urges Opec to raise output capacity FT
Stand back, I am armed to the teeth! Magambo Guru
Insiders Aggressively Dump Stocks In First Week of March TearSheet
Memories of halcyon days WSJ
“The Fed, trying to repair the damage from the stock market bubble has succeeded in fomenting what to me is the greatest of all credit bubbles”
Five Years Later and Still Floating NYT (Grant - R)
To hear Mr. Greenspan tell it in 1999, post-bubble damage control was as simple as cutting interest rates. He passed lightly over the possible consequences of the rates he cut.
10 reasons why Nasdaq won't recover soon USAT
Lessons of the Nasdaq Bubble TheStreet
The crash, five years later MSN (Jubak)  Cramer
After five years, tech index still in doldrums AP
Long after the party, Nasdaq still hung over Arizona Republic
Dotbomb survivors face new frenzies Guardian
The economic fallout has been limited but there are fears of fresh bubbles in property, oil and commodities
Oil gains recall heady days of Nasdaq CBSM
California wants new houses, bubble or not CS Monitor
Las Vegas home prices stabilize in February LAs Vegas RJ
Bubbles Bubbles Real Estate Troubles Tactical
Clinton backing for first US retail hedge fund FT
Bill Clinton is lending his name to efforts by an Austrian company to bring "hedge funds" to the US retail investor.
Senate Nears OK on Tougher Bankruptcy Bill AP
Top earners get Social Security windfall, others get the bill EPI
S&P cuts Kerr-McGee's debt rating, may cut to junk Reuters
EchoStar, Ergen Face SEC Probe After Internal Investigation, People Say BL
Delta warns of 'substantial' 2005 loss CBSM
Thousands of supplier jobs at risk Detroit News
AFL-CIO to lay off 80 to 100 staffers WT
Perks vs. cash debate roils Silicon Valley IHT (NYT)
Big Board chief under pressure to demutualise Times Online
Trade Secrets NYP
Furino allegedly called the day trader right from the floor of the exchange
Hawaiian Airlines investor arrested AP
Donaldson Seeks More Regulation of Firms
Who Gains, Who Loses, from RFID's Growing Presence in the Marketplace? WH
Jeremy Siegel's Latest Book Lays out the Future for Investors Wharton
The Future for Investors : Why the Tried and the True Triumph Over the Bold and the New Amazon
China textile flood? IHT (NYT)
China has exceeded all predictions on textile exports to the United States since the lifting of global quotas in January
China's global hunt for oil BBC
Mixed views in China about revaluing the yuan TT (BL)
China trade surplus to add more appreciation pressure on yuan - GS AFX
Too early to raise alarm over deflation China Daily
Foreign carmakers hit as tariffs on auto parts rise Standard
New Zealand Raises Key Interest Rate to Record 6.75% BL
Increase in factory output sparks call for interest rate rise Independent
Ruble Rises to 5-Year Dollar High Moscow Times
Dealers said they suspected the Central Bank had bought dollars and sold rubles for "tomorrow" delivery early in the session...
Group of Seven Will Reject Russia's Bid for Full Membership, Officials Say BL
Importing risk takers in Japan Pesek
Chinese Computer Firm-IBM Get Security OK Reuters
Aviva to axe 1,700 jobs in £1.1bn takeover of RAC Independent

Wednesday March 9
Stocks slammed by inflation fears CBSM
Fed Report: Economic Activity Expanding AP Beige Book
Crude Holds Near $55 Despite Solid U.S. Inventory Reuters  EIA
The New York Mercantile Exchange said an option with a strike price of $100 a barrel traded on Tuesday
Crude futures hit new record high CBSM Roils Stocks
Key yield at highest level since August CBSM
Emerging-Market Bonds Tumble on Concern Yield Advantage to Wane BL
Boeing to issue thousands of layoff notices Friday as part of sale process AP
Two Waksal Friends Charged With Fraud AP
U.S. Stock-Index Futures Drop as Bond Yields Rise, Crude Oil Prices Climb BL
Gold Near 10-Week High BL Dollar Hits a Two-Month Low Against Euro AP
Dollar hit as China talks of currency basket FT
Treasuries Hit; Yields Hit 7-Month High Reuters
Mortgage applications dip Reuters  MBA
Calm Surface Masks Turmoil TheStreet
Nasdaq Record Looms Like Peak in Gold Bloomberg
Bubble's Pop Still Echoes Kiplinger
5 years after Nasdaq burst, questions hang over Wall St AFP
“I distinctly remember being on the phone from 5:30 in the monring to 8:30 at night, and many young people calling me on the phone, children at school wanting to buy technology stocks�
In life after the bubble, tech takes a backseat Cnet
Remembering the bubble boys Forbes  Lessons
Oil Prices Stay Close to $55 a Barrel AP
Bush talk on Middle East spark crude oil rally to near record AFP
Expect $2.15 or higher gasoline through summer AP DOE
Made for walking Economist
House prices and America’s mortgage-finance giants have both grown too big for their boots. Will one trip up the other?
Thoughts on a Second Great Depression Bullnotbull
A Interesting Nugget of Information From the Employment Report NT PDF
U.S. bankruptcy bill moves closer to passage Reuters
U.S. House Appropriators Approve $81.3 Bln War Spending Package BL
Great river of money floats a lot of boats Burns
Gains in home prices have fully offset any losses in financial assets.
Gates Says U.S. Economy Strong, Customers May Raise Investmen BL
MBIA Will Restate Results for 7Y Over Improper Accounting NYT
$500 down and you've got a house, if you can afford one Daily news
GM Sets New Rebate to Clear Inventories AP
BP Makes $1.99 Billion Trading Oil and Gas, Risks $46 Million BL
Credit Information Stolen From DSW Stores AP
Scrushy Defense: Fraud Hidden From Ex-CEO AP
The sharecropper society Setser
Warren Buffett on Gold WSV
Is Gold Among Warren Buffett's $21.4-bn Currency Investments? Wood
The Coming Silver Accident Butler
A Funds Diversion Schaeffers
LCD screen prices could fall: analyst TT (BL)
Card companies touting taxes by credit card AP
SEC Chair Scolds Hedge Fund Lawyers TheDeal
'Apprentice' producer files $7M suit CNN
James Grant's Book Reveals John Adams, the Impolitic Politician BL Book
Quiet giant of diplomacy looms: US-China relations CS Monitor
Bank Of Korea Official: USD/KRW Drop Excessive Dow Jones
Japan's Watanabe: ready to act on abrupt FX moves Reuters
China can't rely on autopilot to achieve a soft landing IHT (BL)
Surviving a house price crash ic Wales
UK trade deficit worsens in Jan BizWorld
Australian Consumer Confidence Has Record Decline After Interest Rate Rise BL
Eyes on Australia as commodities boom Financial Review
Consumers' nine-year binge is over SMH (R)
Europe's House Prices Create a Puzzle for the ECB BL
IMF sees benign U.K. economic outlook AFX  IMF $
EU warning as talks on budget rules fail AFP
Bond default rate widened last month FT
“February’s rise may indicate that we are near to the turning point�
Global Financial Risks Macleans
Two-thirds of Canadian homes now owner-occupied after record year CP
Loonie at six-week high G&M
HK Govt Land Policy Threatens Another Bubble Dow Jones
Sakakibara, Japan's `Mr Yen,' Quits as Lehman Adviser BL
Inflated growth figures under fire TheStandard
Exiled Moguls Surface in Israeli Probe Moscow Times
Rosneft Threatening $3.8Bln Suit: Yukos MT
RBC suspended currency traders G&M
Economic growth - do we really need it? Swiss Info

Fed's Bernanke says Fed can stick to measured pace Reuters
Poole says Fed's measured pace still appropriate AP
Mar 4: An “Unofficial� Leading Indicator Is Flashing Yellow NT

Tuesday March 8
Treasuries Fall as Yields Are Deemed Too Low Given Outlook for Inflation BL
Dollar Slide Erasing 2005 Gains, Further Fall Seen Reuters
Commodity Prices Surge, Led by Copper, Oil, Sending CRB to 24-Year High BL
Merrill Lynch Is Fined for Fund Violations AP
Crude Prices Slip but Remain Above $53 AP
Putting On Rally Caps Over Jobs Growth a Fool's Game NYP (Crudele)
Let's Get Fictional Puplava
Tsunami in the Bond Market Fekete Have bonds gone crazy? Hulbert
Canning the Conundrum CIBC PDF
The market isn’t nearly the conundrum that the Fed Chairman makes it out to be
The Politics Behind the US Dollar Texas H
U.S. Investment Income Trend Ominous for Dollar Reuters
Why the Dollar is Falling Mises
Black Swan Currency CurrentsPDF
Small Investors Play the Falling Dollar WSJ
The latest in the "Kids Play the Markets" saga EW
Risky real estate moves CNN
Put nothing down and don't worry much about monthly payments -- what's the worst that can happen?
Investors cast watchful eye on Las Vegas' high stakes housing game SFG
“Everyone is watching Las Vegas with its price appreciation and flipping If something weird happens, it'll happen there first."
Investors, boomers drive up soaring second-home market WP
Million-dollar homes are growing in number and shrinking in size Union Tribune
Soaring home prices boost gains, worries St.Petersburg Times
The giddy appreciation days are slowly nearing an end
On the trail of crooked hedge funds FT
The recent spate of hedge fund blow-ups makes it painfully clear that more than a handful of outlaws still roam the countryside.  9 Simple Truths About H-Funds Kiplinger
After Portus saga experts warn. . . CP
Change Your Allocation Business Week
S&P advises moving some money out of dollar-denominated assets
What Social Security reformers easily forget Kellner
Tax Reform Is a Shell Game Paul IRS names top 12 tax scams to avoid CBSM
Gas prices leap to $2 a gallon USAT Pain at the pump CNN
Texas Instruments Sales, Net to Miss High Forecasts BL
Intel accused of 'unfair' payments Times Online
Must GM Be on Deathbed to Get Labor Cost Relief? BL
GM Decline to Junk Yields -- Waning Confidence in Automaker BL
VW Says Profit won't Be `Satisfactory' as Sales in China Decline B
GE Cuts Billions from Cash Flow CFO
Insurance probes reach top execs CBSM
AIG's Greenberg, Berkshire's Buffett become involved
Atop chief accused of selling stolen AMD chips TheRegister
Man gets 5 1/2 years in ChoicePoint case AP
Citigroup loses $527M claim CBSM
High Court lets ruling stand over damages from 1980s savings and loan case
Homestore Finalizes Settlement of Suits from Dot-Com Bust ECommerce T
Part 3: The Aftermath Seattle Times
Many Companies Look the Other Way at Employee Affairs WSJ
Wall Street Chiefs' Pay Rises as Restricted Stock Awards Soar BL
NASD accuses former CEO at securities firm tied to cheating Baltimore Sun
Martha Stewart Living Shareholder ValueAct Capital Sells Most of Its Stake BL
International Petroleum Exchange to Shut Trading Pits BL
Dime made in 1894 sells for $1.3 million USAT
Spending slows for Japan firms IHT (BL)
Japan January household spending shows first rise in five months AFP
Regional economic assessments fall Japan Times
China, India to remain top FDI destinations Asia Times
Shanghai slaps tax on property sales SA Will not stop speculation Standard
China's timber use ravages forests DetFP
Can Shifts In Scale of World Savings Explain Recent Falls in Long-Term Real Interest Rates? MS
Europe's Deficit Betrayal May Kill AAA Ratings Gilbert
Deutsche withdrawal sparks fear that Euronext may walk away Herald
Investors challenge Shell chief's pay Guardian
The 'Lee Hun Jai Affair' Isn't Over Hankyoreh

Monday March 7
Crude Oil Prices Decline After OPEC Says Global Market Is `Well-Supplied' BL
Triumph of Low Expectations Hussman
From Jobless to Wageless MS (Roach)
The Bear's Lair: Thank you, Mr. Greenspan UPI
Greenspan-Predicted Rise in Savings Rate May Be Years Away BL
When it comes to the U.S. savings rate, Federal Reserve Chairman Alan Greenspan may be engaging in a little ``irrational exuberance.''
Greenspan has turned Fed job into a pulpit   SF Gate
Mr. Bush, meet Mr. Bust CS Monitor
The economists believe boomers will be net sellers of stock after they start retiring in a few years, thereby decidedly depressing prices. The price-to-earnings ratio for stocks could be halved...
Housing mania will end in tears MSN (Fleck)
At least 8.5% of the market is buying simply because prices are going up -- the very definition of a bubble mentality
Dear seller, I knew it was love... CNN
Buyers in competitive housing markets try to win over sellers with love letters and family photos.
Navigating the minefield of asset-backed securities DiMartino
BIS: International Banking and Financial Market Developments BIS  Recap
“Long-term yields in the major markets remained surprisingly low into the new year�
Survey: Gas Prices Up on Crude Oil Costs AP
Oil Prices Cling to $53 a Barrel Mark AP
Snow Says High Oil Prices Creating ‘Headwinds' for U.S. Economic Growth BL
Top Cenbankers Optimistic on Growth But Eying Oil Reuters
Uneasy airlines anticipate $60-a-barrel oil USAT
US economy, growth and trade deficit fallacies BrookesNews
Taylor on The Markets Howe
By Raising Its Voice, AARP Raises Questions Business Week
Buffett attacks American spending junkies Guardian Lex: Buffett/trade deficit FT
Gold Steady in Europe, Dollar Eyed for Direction Reuters
In '05, Buffett Says He's Still Betting Against the Dollar Norris
Storm clouds may once again be forming over $ DJ Black SDaily
Gold Guru Murenbeeld Sees Bullion at $459 in 2005 Reuters
GFMS to start operations in Dubai soon KT
Funds Pile into Commodities as Hedge Funds Back Out Wood
Dot-con job 1 : How InfoSpace took its investors for a ride Seattle Times
Part II: When times got tough, execs hid troubles, dumped stock ST
Promise or peril? Journal News
Even though a full recovery may be years away, Carriero hasn't given up on the Nasdaq as a promising reflection of America's high-tech future
Shedding light on the risks of GSEs FT
Companies Behaving Badly NYT (Morgenson)
EBay's Joy Ride: Going Once ... NYT
Little Caesar sues franchisee over substitute spice AP
Delphi CFO Resigns Amid Accounting Woes CFO
Officers sue over investor program Union T
"The SEC should have levied much more severe sanctions"
Media’s Marha-thon NYP
Capital One Financial to Buy Hibernia for $5.35 Billion to Add Branches BL
Sony Names a Foreigner As Its New CEO AP
Boeing Co. forces resignation of CEO Stonecipher over employee affair CP
As flat-panel crowds out tube TV, start-ups crowd in Mecury News
In every gold rush, a few lucky prospectors get rich and everyone else goes home broke
China to hold its dollars IHT (NYT)
China does not lower yuan artificially: forex chief People’s Daily
China Stock Market Misses Out on Boom LA Times
China denies it's driving up oil prices AFP
Chinese firms keep an edge by imitating designs SFG (NYT)
GM cuts car prices amid accelerating price war PD
Official: Chinese Banks to go public before long Xinhua
Foreign investors urged not to seek quick gains PD
The Liquidity Conundrum MS (Xie)
I hope Andy Xie is wrong about this Setser
China's Economic Bubble about to Collapse, Experts Warn USNews ($)
World economy too reliant on China and US, says IMF Guardian
Germany told slack fiscal controls pose threat to euro Telegraph
Italy's Banks Wilt Behind Protectionist Barriers BL
Israeli bank 'in laundering scam' BBC
Manulife Halts Referrals Amid Portus Review-Report Reuters
Tsutsumi knew of scam for 20 years Asahi
S Korea’s finance minister quits FT
Allegations over real estate speculation force out economic czar Korea H
Bolivia's Mesa to Offer Resignation as Protests Mount BL
Who needs the hand of God?   Guardian
Iran to sell off $1.1b state assets this month Reuters

Bulls face test ~ T’s May Gain ~ Gold May Rise ~ Yen May Gain ~ A$ May Rise
Stocks running into a brick wall Dallas MN
With this week all but absent of economic and earnings news, some experts predict programmers' seemingly nonsensical trading behavior will again hold sway

Weekend Edition (Mar 5-6)
Investors in hedge funds out millions PalmBeachD
Funds' 'very large rates of return' were the talk of the town before the SEC sued to halt 'a massive fraud.'
Buffett, After Gaining $1.63 Billion on Dollar's Drop, Wants Bet to Fail BL
No Companies to Buy in 2004, Buffett Says AP Berkshire Annual Report
Berkshire ended the year with $43 billion of cash equivalents, something he called "not a happy position." Buffett deepens dollar worries FT
Investors Learning to Accept Oil Prices? AP
“Stock investors are learning to accept sky-high prices, drivers are getting used to paying more at the pump and so far, the economy has been able to withstand the pressure.�
Gas Getting Pricier, Oil Demand Rises AP
"Those people who think we've entered a new paradigm where high oil prices don't affect economic growth are wrong,"
Chavez: Low Oil Rates a Thing of the Past AP
Iran warns Europe, US of oil crisis AFP
The Week Ahead: Is it Sam or His Customers? CIBC PDF
The Stock Market Conundrum Continues Wood
Would You Buy a Used Deficit From This Man? North
Tactical Silver Trends 3 Zeal
Is America Going Broke! Chapman
Are Americans ignoring complete financial diaster? NWV
Some Democrats Say Greenspan Has Gone From 'Maestro' to Partisan WP
House sales, prices keep up frantic pace Seattle Times
How much longer can this madness continue?
A Prayer, Hope, A Dream And Real Estate GE (Tactical)
Meet the Villains to Blame for ‘Closet Indexing' BL
Buffett Gives Krispy Kreme a Boost NYP  KKD
Aug 27: Krispy Kremed Is Worth $4.15/share, But The Buffett’s Will Pay More
Jurors Deliberate in WorldCom Fraud Case AP
Martha Stewart: the art of the makeove LAT  Photos
Federal regulators aren't done with Martha Stewart Detnews
Banks settle WorldCom suit for $100.2M Reuters
Ex-Compuware employee testifies in trade-secrets suit against IBM AP
Salad-bar vendor now makes armor WP
SEC votes to back off on market timing fees LAT
"Here we are a year and a half after the scandals, and all we've got so far is a voluntary measure�
Special Report: Is private equity building up a debt bubble? Times Online
It claims to be a force for good, but until it becomes more open, nobody can be sure if it is a Jekyll or a Hyde
Wen: China's economy to grow 8% in 2005 Xinhua
Chinese chase Canadian oil Times Online
House prices reach new high China Daily
Insider and horse trade open China for Goldman IHT (NYT)
House price rises 'are still slowing' Times Online
Soros embarks on £2bn London property spree Observer
Volgotanker Execs Escape Arrest Moscow Times
Debts worry Himachal chief minister NetIndia
Investment managers push Indian stock funds Japan Times
Nomura sees 'golden age' Observer
Astonishing reversal of its bearish stance a year ago.
China Says North Korea Is Willing to Return to Talks BL

Friday March 4
Crude futures hit $54 a barrel CBSM
U.S. Economy Adds 262,000 Jobs; U-Rate Increases to 5.4 Percent BL BLS
S&P 500 Futures Extend Gains After Jobs Report BL 10-Year Treasuries Rise
Caution Cross Currents
Still want to buy? Economist
According to our latest house-price indicators, it is now much cheaper to rent than to buy a house in many countries
The Fed's Dilemma Comstock
Greenspan Pounds Away at Broken Budget Process Berry
Greenspan Talkative As Retirement Looms AP
Fed Chief Alan Greenspan, Perhaps With an Eye on His Legacy, Is Man of Many Words These Days
Running In Circles Gillespie
Little Gems on Stocks From Graham and Bernstein BL
Gas Prices to Hit Record This Year: AAA Reuters
Saville Saville  Maund - Metals rally near end? - Silver losing its shine Reuters
Deficits and Deceit Krugman (R)
The 7 Percent Delusion Slate
Why are Social Security privatizers so sure that stocks will outperform bonds forever?
Second-home market surges WP
Fresh Pricks In Housing Bubble Forbes
Mortgage rates climb for third straight week AP
Crazy things are unfolding in the housing market EW
Fannie Resurrects the 40-Year Mortgage in an Attempt to Remain Solvent FS
Fannie Mae's fans standing firm CBSM
Martha Stewart released from prison CBSM 'Now she listens'
Lehman Feels Japan's Wrath. Investors Beware Pesek
SEC Probes 'Squawk Box' Front-Running TheStreet
Aon May Settle States' Fraud Probes for $190 Million, People Familiar Say BL
SEC begins formal investigation of Biovail CBSM
SEC Investigating ChoicePoint Stock Sales AP
Dell Is Named in Lawsuit Over Financing AP Lex Live: Dell FT
Casino Insiders Bet Big On Share Sales NYP
Accounting reforms hit junk bond issuance FT GM heads for junk bond status C
Maxtor to cut upto 5,500 jobs in Singapore plant close CBSM
Two Firms Offer $3.5 Billion for NHL CFO
The emerging market party Asia Times
Australia's Howard Says RBA's View of Economy Clashes With Data BL
ECB puts bright face on EU's downturn IHT
BOJ provides short-term cash boost Japan Times
China's fast-moving consumers are revving up its car industry Times Online
Lunching With Gold-Rushers Blodget
Think-tank attacks 'unaccountable' FSA Times Online
Argentina's debt restructuring sets painful benchmark for creditors Economist
The Successful End of the Argentine Debt Restructuring Saga... Roubini
Cheap company bailouts hamper distressed investors Reuters
Falling chip prices may dampen SK recovery Asia Times
Son of Japan finance tycoon fails to declare income of 1.5 bln dlrs AFP
Rosneft, Gazprom in an Open Battle Moscow Times
Manulife guarantees Portus investments Globe & Mail
US illegally paid $1.5bn to farmers Guardian
Chavez: No oil if U.S. 'gets a little bit crazy' AP
We'll never tolerate "Taiwan independence": President Hu   PD

Thursday March 3
Greenspan Favors Consumption Tax LA Times
Crude oil tops $55 Reuters
Rampant oil prices leave traders with little appetite for equities FT
Ebbers defense: Sullivan's the crook Reuters
Martha Breaks Out Newsweek
Martha Stewart and the Pros of Being a Con WP
Martha's face, model's body on Newsweek CNN
The Role of Gold in the unified GCC Currency Gulf Research  PDF
Crude Trades at 4-Month High as Funds Increase Bets BL $ Rises
OPEC Sec-Gen Can't Rule Out $80 Oil Spike Reuters
Here’s Why Interest Rates Are Going Up This Spring NYP (Crudele)
Greenspan, Trichet, King Debate Rate Temptations Gilbert
Greenspan Walks Policy Tightrope Safe Haven
The Street, On Atkins... Hussman  PDF
The Likely Range of Market Returns in the Coming Decade
The 1990s Are So Over Paulsen  PDF
21st Century Markets Demand Different Response
Palm Beach hedge fund falters, hits investors hard WSJ
The hedge fund had assets of more than $200 million. It has told investors that it ran out of funds because of heavy trading losses
And you thought that I was gloomy! Mogambo Guru
Is America going broke? Macleans
Record deficits, colossal debt and no clear plan for digging itself out. If the U.S. sinks, it will take Canada down with it.
Bush Will Have to Compromise on Social Security, Lawmakers Say BL
Bubble or Not, Air Seen Hissing from U.S. Housing Reuters
The Return To A Normal Housing Market First American (Oct 2004)
Southern California: An Example Case
Fannie Mae faces up to $2.8 bln in new losses-WSJ Reuters
The losses would be in addition to the estimated $9 billion in losses related to derivatives that the mortgage giant already has said it will recognize
Morgan Stanley trades energy in barrels WSJ
Morgan Stanley is now a major provider to wholesalers of heating oil in the Northeastern U.S. It has custody of a quarter of America's strategic reserve of home heating oil. And it is the second-most-active U.S. seller of electric power, ahead of scores of utilities...
Rating Outlook Worries Hit GM's Corporate Bonds Reuters
Potential Bidding War for MCI Shaping Up AP
Feb. Retail Sales Better Than Expected AP
Bank of America to Pay $460.5 Million to Settle Suit by WorldCom Investors BL
Bribery Probes for Titan, Halliburton CFO
Prosecution Starts Closing in Ebbers Case AP
Owner of Cheese Firm Pleads Guilty LAT (BL)
Jail time doesn't bar pay for select group of CEOs WSJ
A New Prince of Wall Street Uses His Riches to Buy Up Art NYT
Every Problem Is an Opportunity for U.S. Economy Baum
Congested ports warning for US importers FT LA - LB - LA/LB Dispatch
Shipping derivatives gather head of steam FT
The Golden Fleece?   Streetbeat PDF
“It was surreal. When someone asked why he was doing the deal, here–now, he actually said, basically, ‘Because Americans are the dumbest investors around, and there’s lots of liquidity in this market.�
New funds helping gold keep its shine Financial Post
Economic growth drives gold demand China Daily
Gold demand as retail investment in the mainland surged 53.1 per cent to 9.8 tonnes last year from 2003
China: The Phantom Arbitrage MS (Xie)
PM warns RBA on another rates lift TheAge
High iron ore prices "unsustainable" Shenzhen Daily-Agencies
Parmalat to return to stockmarket BBC
Japan arrests former world's richest person over fraud Xinhuanet
Canadian union plots third Wal-Mart bid AFP

“At $200m, KL seems too small to be a real worry but who knows what other surprises hedge funds have in store?�  This is Money

Wednesday March 2
Greenspan: U.S. Budget Policy and Deficits Are `Unsustainable' BL Testimony
Our budget position is unlikely to improve substantially in the coming years unless major deficit-reducing actions are taken.
NASD Cannot Sanction Securities Professionals for Exercising Constitutional Rights, Quattrone Argues PRN
Gold perks up after rumoured producer sale  Reuters
Crude Oil Prices Jump Above $52 a Barrel AP
Stocks To Open Lower, Fed Awaited ~ Techs Warn ~ Oil Holds ~ Copper Falls
I've Got to Admit It's Getting Better Pimco (Gross)
Too Soon To Panic About Euphoria? CSFB PDF
Risk Appetite, which has been in the euphoria zone for nine days, is quickly approaching an 11-year high.
The Three Desperados Janszen
Is the Greenback Ready for a Comeback? Schaeffers Dollar Jitters WP
The US dollar has both growth and yield going for it at the moment BS PDF
My Complaints About Complacency Schaeffers
Tech's five year hangover CNN
Collective Memory Failure? EW
Investors are wildly bullish in almost every financial market, and by almost every objective measure
Maybe Ignore The Signals Willie
Greenspan Humbled By Asia's Central Bankers Pesek
$ Rises Most in 3 Weeks as Alan May Signal Higher U.S. Rates BL
Greenspan Likely to Be Grilled on Social Security BL
Can Greenspan Make The Horse Drink? G-E
Final Soc. Sec. Action May Not Happen Yet AP
US current account deficit cannot be sustained at its present level FT
Survey: Rising rates crimp spending for 1 in 5 consumers CBSM
Why we're so incredibly stupid about retirement investing Slate
House Prices Rise at Fastest Clip in 25 Years Dow Jones
Real estate to still draw 'gobs' of cash in '05? Reuters
Mortgage Applications Fall Sharply Reuters  MBA
Middle Class Drives Soaring Purchases of Second Homes WP
Paris Hilton to turn real estate magnate! Ananova
Proposed Law on Bankruptcy Has Loophole NYT  Bankrupt bankruptcy bill WP
Medicare money shortage looms large AP
VCs may fuel a future paid-search bubble CBSM
Viacom Takes $18 Billion Goodwill Charge CFO
If interest rates continue to rise, the number of companies taking write-downs could increase
Hubbert’s Peak Revisited 321
Automakers Steered Toward New Accounting CFO
General Motors Laying Off 3,000 Workers AP
Eddie Bauer cutting back RockyMN
Newmont sells disputed gold mine in Turkey RMN
Regulators May Widen Insurance Probes-WSJ Reuters
Bank of New York Faces SEC Probe Reuters
Executives sold stock before multiple-sclerosis drug woes disclosed AP
Report: ChoicePoint Had Theft Case Before AP
Feds: Enron Tapes Surface of Illegal Acts AP
Martha:Tale of two prisons CNN
The Jury Will Make Bernie Pay NYP  Byron on Fusion
Fla. man gets year in jail for sending spam BL
U.S. Multinationals Dramatically Revising Stock Option Awards for Non-U.S. Executives, Towers Perrin Survey Finds DBN
Bill Gates Receives Honorary Knighthood BL �I am humbled and delighted�
Asia/Pacific: Oil Is a Bubble MS (Xie)
The global property bubble has covered up the impact of high oil prices so far.  China says no chance inflation will spiral out of control AFP
Strong Currencies Cause Concern For East Asia AIR
China spends $195bn on foreign currency in 04 FT
China has not diversified its reserves ... Setser
Think tank suggests wider trading band for the yuan AFP
China fuels energy cold war Asia Times
Foreign agencies to issue renminbi bonds China Daily
Is China Growing Freer than the West? Bull not Bull
Australia Reserve Bank jumps interest rates National BR
Bubble, bubble, toil and trouble - interest rates moving up Online Op
Thailand Raises Key Interest Rate to 3-Year High BL
German jobless rate at new record BBC
IMF gives warning of eurozone slowdown Times Online
Emerging Markets Watch - Finding the Middle Way Pimco
Emerging debt-Spreads steady at mercy of Treasuries Reuters
Debt trading in new markets at $4.6 trl Daily Times
The scrap over the London Stock Exchange is more than good spectator sport E
Investors in Portus launch class action against Manulife Securities CP
Investor fined over bulletin board abuse Guardian
Ex-traders bankrupted in hunt for missing £180m Guardian
Gold worth over $300 million confiscated Herald O (Zim)
U.S. Lawmakers Warn Europe on Arms Sales to China NYT
The United States may retaliate with severe restrictions on technology sales to European companies.
Ex-HP Chief in Running to Head World Bank AP

Tuesday March 1
Alan the Great's final year of service CBSM
Commentary: Investors need to go abroad, hold cash
General Motors, Ford Sales Off in February AP
Manufacturing Activity Grows at Slower Pace AP ISM
Don't Ask, Don't Tell Contrary Investor
Bear Flattener Puplava
Hurray! Savings are higher DiMartino
More signs of a housing bubble Hulbert
Learning to Live with Bubbles Hispanic Business
4 ways to pad your portfolio for a crash Jubak
Capital Market Stocks Are Feeling The Interest Rate Heat BCA Research
The Two Markets Daily Standard
The American economy is now relying on two markets which don't play by the normal rules.
Hiding from higher rates gets harder CBSM
There may be no greater challenge for investors than figuring out where to put their money when the Federal Reserve is raising rates.
“Nobody has a really good idea on how to deploy capital� Reuters
Bush to face flak over defined benefit pensions FT
Social Security talk rattling U.S. nerves Kellner
Social Security may be in trouble by '08 Burns
$24 Billion to Credit Card Companies... for What? Fool
SEC Probe Punishes Bradley ~  Interchange Plunges ~  Elan Plunges
Beware of Tiger Telematics, KFX and Wynn Resorts Dorfman
GM, Ford Shares Fall on Weak Expectations AP Top 10 car-dealer tricks
Citigroup Sees 1,400 Job Cuts AP
Qwest-MCI Merger Could Cost 15,000 Jobs AP
Marsh Slashes Dividend, May Cut 2,500 Jobs After Spitzer Settlement, Loss BL
Cingular To Take Hit on Lease Accounting CFO
Ex-Marsh Exec Admits to Bid Rigging CFO
I.R.S. Accuses Man of Hiding $450 Million NYT  IHT
Former WorldCom chief takes the stand to plead his ignorance Times Online
Black said directors could halt Hollinger sale ‘at their peril’ Times Online
Merrill Found Guilty of Intentional Misconduct With Regard to Stock Ratings PR
"It was clear that Merrill Lynch used all of its analysts, securities reports and ratings as marketing vehicles to bolster its investment banking business."
Survey: 30% of Execs. Were Asked to Compromise Their Integrity AccountingW
The Bear's Lair: Instruments of Satan UPI
The rush into hedge funds, perhaps more than any other investment feature of recent years, is a clear sign that the market remains in a bubble state
Hedge funds are banking on German insurers Reuters
‘Stockbuster' Joe Feshbach starting new hedge fund CBSM
Professor debunks Adam Smith theory TheHearld
Commodities now the only ‘pure bull market’ IPE
Commodity Prices Rise to 24-Year High as Demand Grows Bloomberg
Australia's Commodity Sales May Surge 16% in 2005-06 Bloomberg
Is this the year when demand outstrips supply? WorldOil (Simmons)
OPEC Won't Cut Production With Oil Above $50 a Barrel, Shihab-Eldin Says BL
Steel industry feels the squeeze BBC
Chinese steel makers give in to iron ore price hike People’s Daily
Commodity Prices, Freight Rates Seen Firm Dow Jones
Gold: The Debt Trap Ing
Australian forecaster warns of slowing global economy AFP
Prospects for world economic growth to 2010 abare  PDF March 2005
Beware of heat in emerging markets IHT
Slowdown in Germany and Italy May Delay ECB Rate Increase Dow Jones
Japanese Household Spending Rose 8.2% in January BL
Economic projections Asahi
The government's economic projections, which are supposed to serve as a key reference for policy decisions, have become something close to wishful thinking rather than objective forecasts.
ADollar aims at US80c Courier-Mail Gloom on economy News.au
Sluggish economy suggests central bank won't raise interest rates this week CP
SMFG expects 240 billion yen loss on loan writeoffs Japan Times
Samsung Electronics Says Business Outlook Not Good Reuters
Qantas plan 'to axe 3000 jobs' C-M
Bosses earn up to 478 times their employees Times Online
Expat pensioners 'are like KGB' Guardian
Carbon rush at World Bank Asia Times
Wolfowitz on shortlist for World Bank top post FT

10-year yield hits '05 high CNN