News Archives - 2007
Week of January 1st, 2007
Dollar falls against major currencies - Read Here
Bond market betting on rate cuts - Read Here
Inflationary house boom still healthy worldwide - Read Here
2007 Forecast: More dollar decline - Read Here
ISM Data higher than expected - Read Here
Fed still talking tough on inflation - Read Here
Another one bites the dust - Suprime implosion - Read Here
Sales hit retailers' revenue - Read Here
Week of January 8th, 2007
The phantom housing boom returns - Read Here
Fears of US Slowdown Recede - Read Here
Fed talks loudly, carries no stick - Read Here
Consumers pile on more debt - Read Here
Dividend trend reverses course - Read Here
Consumers prop up economy - Read Here
Foreign foes strike fear on Wall Street - Read Here
Consumer borrowing jumps in Nov. - Read Here
China's trade surplus rises 74% in '06 - Read Here
Resilient consumers keep on spending - Read Here
Breakthrough for renminbi bonds - Read Here
Week of January 15th, 2007
Mortgage-Trapped - a Must Read - Read Here
Consumer still on all-time high? - Read Here
Finally, a re-emergence of lending standards - Read Here
Auto execs see soaring gas prices - Read Here
Mortgage applications fall as rates rise - Read Here
Homebuilders trying to talk up outlook - Read Here
Retirees spending golden years in the red - Read Here
Week of January 29th, 2007
Most US workers not living the dream - Read Here
Will the boomer's inheritance be enough? - Read Here
Subprime's grip slips in California - Read Here
Fed still hasn't set inflation 'target' - Read Here
Misplaced consumer sentiment rises - Read Here
ECB's Trichet: Inflation still a major risk - Read Here
What the FED is really talking about today - Read Here
Rising foreclosures fuel aid fraud - Read Here
Nominal GDP grows at 3.5% in 4th quarter - Read Here
Spending is still > increase in income - Read Here
NAPM points to manufacturing contraction - Read Here
2006 savings rate at -1% - Read Here
Manufacturing sector in recession? - Read Here
Fewer jobs than expected; factory jobs cut - Read Here
Week of February 5th, 2007
Big Three losing market share to imports - Read Here
Services up, Manufacturing down; a growing trend - Read Here
HSBC warns on 2007 housing defaults - Read Here
Cancelled orders only part of the story for Toll - Read Here
Housing still sliding; recovery could take years - Read Here
#2 Oil field in the world, Cantarell, is in decline - Read Here
Philly Fed President Plosser says rates to rise? - Read Here
Week of February 12th, 2007
The real risk is at home - Read Here
Poole says core above 2.0% is 'unacceptable - Read Here
Buckle up - The subprime market is in for a ride - Read Here
US Industry struggles; jobless lines lengthen - Read Here
Foreclosures rip neighbors: Denver - Read Here
Dollar at one month low after horrible data - Read Here
Inflation diminishes only for Bernanke; not real folks - Read Here
Democrats love Bernanke; hold on to your wallet - Read Here
Week of February 19th, 2007
Risks still cloud US Economic Outlook - Read Here
Corn is hot; housing's NOT - Read Here
Bad mortgage debt not widespread says the Fed - Read Here
Consumers love borrow-and-spend economy - Read Here
End of the affair with commodities? - Read Here
US Deficit Shrinking? For now at least - Read Here
Consumer prices increase more than forecast - Read Here
H&R Block's subprime unit posts loss - Read Here
Week of February 26th, 2007
Sir Alan calling the next recession? - Read Here
Situation Report on the US Housing Market - Read Here
Home slump may affect Fed growth forecast - Read Here
MARKETS HAMMERED - DOW -416 - Read Here
Freddie Mac to tighten subprime standards - Read Here
VIX et al finally get a much-needed bump - Read Here
Consumer spending now the only constant - Read Here
Yen carry trade in danger as currency rises - Read Here
Credit derivatives soar as banks 'CYA' - Read Here
Week of March 5th, 2007
Service Sector grows less than forecast - Read Here
Yen reaches high as carry trade unwinds - Read Here
Regulators urge scrutiny of subprimes - Read Here
Sir Alan - 33% chance of a US recession - Read Here
Goldman warns of casualties in sell-off - Read Here
Productivity slows, labor costs increase - Read Here
Debt Pyramid threatens to hurt markets - Read Here
Paulson talks tough to China on banking - Read Here
Congress to tackle credit cards - Read Here
Week of March 12th, 2007
Is the party over? Let's not think about it - Read Here
China's exports continue to impress - Read Here
Trade deficit improves slightly - Read Here
Congress to consider subprime bailout - Read Here
Subprime delinquencies at 4-year high - Read Here
Gasoline prices beginning early rise - Read Here
Week of March 19th, 2007
Inflation creates higher energy, food costs - Read Here
Mortgage problems may bring recession - Read Here
Homeownership not for all - Commentary - Read Here
IMF vote of confidence a curse? - Read Here
Bernanke 'put' - The Fed abandons tight bias - Read Here
Leading indicators index falls 0.5% - Read Here
Week of March 26th, 2007
Oil rising on Iran subterfuge - Read Here
Business lanlords see higher rents - Read Here
Healthcare options dwindle for self-employed - Read Here
Biofuel to equal higher food prices? - Read Here
Week of April 2nd, 2007
US workers saddled by unsold homes - Read Here
New Century?? - Game Over - Read Here
Prepare for tough times - SAVE - Read Here
Consumer prices continue to rise - Read Here
Manufacturing slows, prices rise - Read Here
More lost manufacturing jobs = good news - Read Here
Jobless Claims rise to 321,000 - Read Here
Is "easy oil" Gone? CEO's think so - Read Here
Pink Slips litter the loan industry - Read Here
Week of April 9th, 2007
China furious over US WTO claims - Read Here
Majority of Americans fear 2K7 recession - Read Here
Fed 'mouths' still talking up rate hikes - Read Here
Paulson now endorsing a weaker dollar - Read Here
Realtors predict 2007 home price decline - Read Here
Mortgage crisis reaches Alt-A market - Read Here
Core PPI 'calm', headline up 1.0% - Read Here
Good news! Trade deficit ONLY 58.4 BILLION - Read Here
Week of April 16th, 2007
Q1 mortgage delinquencies a record - Read Here
Retail sales increase in March; validate Fed - Read Here
NY Manufacturing continues to lag - Read Here
US Foreclosures DOUBLE on standards - Read Here
Hedonic CPI provides cover for weak Fed - Read Here
Homebuilder confidence continues to fall - Read Here
ARM business drying up - bankers - Read Here
Philly's Plosser is worried about inflation - Read Here
Week of April 23rd, 2007
$4 gas coming to a pump near you - Read Here
US - China Currency collision course? - Read Here
Home prices fall most in 13 years - Read Here
March existing home sales fall 8.4% - Read Here
The power of the purse - Read Here
Bank fears threat from credit standards - Read Here
Homebuilder Beazer withdraws outlook - Read Here
GDP Growth Weakest in 4 years - READ HERE
Dollar declines to a record low vs. Euro - Read Here
Trade-weighted $ Index lowest in 36 years - Read Here
Baby-Boomers going broke at an alarming rate - Read Here
Week of April 30th, 2007
Gasoline prices driven to a new record - Read Here
Speculators exited housing market in '06 - Read Here
Dollar continues slide on soft economy- Read Here
GM Profits fall 90% on subprime losses - Read Here
Hedge Risk worst since LTCM says Fed - Read Here
Americans swiping way to servitude - Read Here
Week of May 7th, 2007
Weak Dollar? Yes, say analysts - Read Here
Tighter credit hurts lenders, builders - Read Here
4/07 Foreclosures double that of 4/06 - Read Here
Shop until you drop: credit grows - Read Here
Rational Exuberance?? - Read Here
Home prices to drop in 2007; first time since 1930's - Read Here
Week of May 14th, 2007
Weak spring to hurt home prices - Read Here
Foreign cash swamps emerging markets - Read Here
Roach - "Past the point of no return" - Read Here
Homebuilders - No recovery until '08 - Read Here
Experts say refinery situation is dire - Read Here
Mortgage defaults are up 62% says Realtytrac - Read Here
Credit Bubble at 'bursting point'?? - Read Here
'Stag' or 'flation' - Take your pick - Read Here
Bernanke: "No end to housing slump" - Read Here
Gas prices continue to set records - Read Here
Week of May 21st, 2007
Bernanke addresses foreclosure situation - Read Here
Chinese allow Yuan to rise pre-Paulson meeting - Read Here
Couple learns high price of easy credit - Read Here
Gas prices approach 1981 'real' highs - Read Here
Paulson still babbling for a weaker dollar - Read Here
Already a top in gas? Think again - Read Here
Demand destruction on gas is collateral - Read Here
Welcome to the party - OECD on inflation kick - Read Here
Week of June 11th, 2007
Could the party be over for Bond Investors? Read Here
Sharp price hikes for milk, cheese coming Read Here
Demand for luxury items is increasing Read Here
Food Prices take a bigger bite Read Here
The 'Maestro' not worried about Chinese Read Here
'Hidden' subprime crisis still a problem Read Here
Wheat prices at 2007 high Read Here
Peak oil in 4 years? Read Here
Week of June 18th, 2007
Asian Contagion just one bad trade away? Read Here
Housing starts continue to fall Read Here
Food prices taking a bite Read Here
Foreclosure rates at all-time high Read Here
When bad loans get worse Read Here
Home owners upbeat about values Read Here
US Economy close to a stall Read Here
Week of June 25th, 2007
BIS warns of Great Depression Danger Read Here
Housing market continues to fall Read Here
Fed, Subprime on tap this week Read Here
Fed will talk tough; do nothing Read Here
Subprime fiasco denting risk appetites Read Here
The wolf is guarding the henhouse Read Here
Difficult to avoid 'Made in China' Read Here
US Tightens Subprime Rules Read Here
Subprime losses to peak at END of '08? Read Here
Move away from dollar still all talk Read Here
Week of July 2nd, 2007
Layoff fears part of the new 'norm' Read Here
Consumers paying highest energy bills in decades Read Here
Manufacturing measure at 14 month high Read Here
Credit Crunch to shred portfolios Read Here
Treasuries continue to fear inflation Read Here
More Americans falling behind on debt Read Here
Americans need to save more for Retirement Read Here
Energy bills highest in decades Read Here
The smell of Contagion Read Here
Global exodus from the US Dollar Read Here
Ron Paul has more campaign cash than McCain Read Here
Nestle CEO fears food price inflation Read Here
Week of July 9th, 2007
Why a housing recovery is far off Read Here
Subprime 'haircut' in the offing Read Here
Consumer borrowing up big Read Here
China trade surplus continues to soar Read Here
Recpie for higher energy prices Read Here
Retail Sales fall most in two years Read Here
Foreclosure filings at a record Read Here
Iran requests that Japan pay for oil in Yen Read Here
For the rich, things couldn't be better Read Here
Euro at all-time high Read Here
Week of July 16th, 2007
AAAsking for Trouble Read Here
Food, commodities ruin Bernanke's plans Read Here
Corn prices put ice cream on the hot seat Read Here
Banks 'stuck' with illiquid debt Read Here
Consumer still spending, but cautiously Read Here
Suddenly, leverage is a problem? Read Here
The illusion of investment profits Read Here
The truth is out on subprime junk funds Read Here
CPI up on food costs Read Here
Bernanke admits credit fears Read Here
Leading indicators fall .3% Read Here
Only $100 bn - come on Ben! Read Here
Week of July 23rd, 2007
$100 oil months, not year away? Read Here
Wall St. can't cage mortgage monster Read Here
Purse strings tighten on gas costs Read Here
CDO credit engine slowing down Read Here
Falling dollar puts pressure on OPEC Read Here
CEO's still seeing rosy picture Read Here
Dollar Index at critical juncture View Index
Prime mortgages not immune Read Here
Week of July 30th, 2007
The party's over Read Here
American Home Mortgage faces margin calls Read Here
Foreclosure jump; heading higher Read Here
5 signs subprime is getting worse Read Here
Uncle Sam's hiring spree Read Here
Oil closes at new record Read Here
Running Scared Read Here
What's a service economy without the service like? Read Here
2/3 of Americans see recession Read Here
0% down a thing of the past? Read Here
Finding a price index you can 'live' with Read Here
Week of August 6th, 2007
LBO Freeze shuts Wall Street pipeline Read Here
Bernanke to alter rhetoric, not rates? Read Here
Mortgage seizure? Read Here
Bonfire of the Builders Read Here
Non-housing markets feel mortgage fallout Read Here
ECB publicly pumping the markets Read Here
Mess just not subprime anymore says AIG Read Here
Fed Cowardic invites catastrophe Read Here
Another Wall Street Bloodbath Read Here
Countrywide on the ropes? Read Here
Import prices run hot in July Read Here
Bernanke and Paulson were wrong Read Here
Mortgage Meltdown contagion Read Here
Week of August 13th, 2007
Markets suggest central banks missed risk Read Here
Economy faces downturn threat Read Here
Low risk borrowers feeling the crunch Read Here
Milk prices nearing record Read Here
Two more firms add to mortgage crisis Read Here
The game is up Read Here
Consumers' free spending ways in jeopardy Read Here
Easy money begets more easy money Read Here
Housing to hurt GDP for some time Read Here
Consumer Confidence at lowest level in a year Read Here
Week of August 20th, 2007
Money Markets driving drama Read Here
Home prices boosting household debt Read Here
Fannie Mae predicts continued housing weakness Read Here
Dodd ensures that system will be rewarded for bad behavior Read Here
Unlike Fed, Treasury has few tools Read Here
Late mortgage payments at 17-year high Read Here
Countrywide CEO sees recession for everyone but them! Read Here
Moratorium on CA foreclosures urged Read Here
Wheat hits record highs - another bubble Ben? Read Here
Dollar resumes its slide Read Here
Mortgages are harder to get Read Here
Week of August 27th, 2007
Credit Crunch's top 25 quotes Read Here
Still no bottom to be seen Read Here
Borrowing getting tougher Read Here
Construction job losses could top 1M Read Here
Doctors offering zero interest loans Read Here
Bush promises help from insolvent government Read Here
Fed Chief vows to protect economy Read Here
House auctions on the increase Read Here
Week of September 10th, 2007
PEMEX victim of sabotage - oil soars Read Here
What makes another record Read Here
Graduate students relying on more credit Read Here
Fed's Yellen, Lockhart see credit spillover Read Here
Savings Glut - Where Ben? Read Here
Fed officials now see threat from housing Read Here
Mortgage mess sees its first lawsuits Read Here
Can you say food inflation? Read Here
Home sales forecast dire Read Here
Paulson... meet....Reality Read Here
Bank run in England! Read Here
Dollar's retreat raises collapse fears Read Here
Week of September 27th, 2007
Fed's power overstated? Read Here
Venezuela oil funds moving away from the dollar Read Here
Bailout! - BOE covering Northern Rock Deposits Read Here
Fed cuts by 50 BP; throws caution to the wind Read Here
Reckless Fed Bubble Blowing - Read Here
Even cable companies aren't immune to bad debt Read Here
Week of September 24th, 2007
Risky loans cause ghost towns Read Here
'Revised' savings rate nothing to brag about Read Here
Housing costs push middle class to the edge Read Here
Nationstar to halt US loans Read Here
Unsafe Havens Read Here
Late payments increase on HELOCs Read Here
Defaults on insured mortgages up 30% Read here
Week of October 1st, 2007
There's no inflation (if you ignore the facts) Read Here
Thousands brace for mortgage rate jump Read Here
Faber: How to beat hyperinflation Read Here
Merrill Lynch takes a profit hit Read Here
Credit lockdown privileges spread Read Here
Factory Orders take biggest hit since January Read Here
Australian dollar hits 23-year peak Read Here
GM pact cuts pay in half for noncore jobs Read Here
ECB says banks expect credit to tighten Read Here
Week of October 8th, 2007
Nobody expected this to continue - it didn't Read Here
The American dream turns into a debtor's nightmare Read Here
Same old story - "Demand will decline" Read Here
Working families need help making ends meet Read Here
HOME CRISIS WORSE Read Here
US quiet on strong dollar policy Read Here
Greenspan talk: Truth or book hype? Read Here
Americans charge it as bank of subprime closes Read Here
Import prices jump 1% in September Read Here
Week of October 25th, 2007
Cash-strapped Americans raid 401(k)'s Read Here
Banks start fund to 'protect' credit markets Read Here
Citigroup's net falls 57 pct Read Here
Japan, China selling - Who's buying? Read Here
Housing recession increases depression risk Read Here
Consumer buying binge over? Read Here
2008 Dollar Plunge?? Read Here
Another record low for Dollar vs. Euro Read Here
Rents on the rise as home prices fall Read Here
IMF says US Dollar 'overvalued' Read Here
Week of October 22nd, 2007
Big banks accept blame for credit turmoil Read Here
Loss and larger write-down at Merrill Read Here
New credit crunch looms Read Here
America's forgotten war against central banks Read Here
Existing home sales fall...Again Read Here
Jim Rogers calls US recession Read Here
Oil closes at new record above $90/bbl Read Here
The sky has already fallen Read Here
2 million homes to foreclose? Read Here
US Home ownership rate falls again Read Here
Week of October 29th, 2007
The sole inflation creator Read Here
The catastrophist view Read Here
Stressed US borrowers use plastic to delay default Read Here
Dollar and oil hit new records Read Here
Weak dollar, high oil have US over barrel Read Here
Data add to gloom on US economy Read Here
Consumer confidence, home prices fall Read Here
Gold hits $800 Read Here
Hong Kong Inflating away to protect dollar peg Read Here
Fed cranks another $41 Billion into system Read Here
Easy Money Read Here
Consumers tiptoe along confidence cliff Read Here
Week of November 5th, 2007
Citigroup problems grow - credit downgraded Read Here
Subprime crisis claims boss of biggest bank Read Here
PetroChina now world's biggest company Read Here
Citigroup faces an uncertain future Read Here
Markets fear banks have $1 TRILLION in toxic debt Read Here
Wave of foreclosures costs cities time and money Read Here
Foreclosure wave sweeps America Read Here
China's reserves to favor stronger currencies Read Here
Dollar's fall continues unabated Read Here
Citigroup writedowns widen Read Here
National Debt at record $9 trillion Read Here
$5 gas in California Read Here
Bernanke's Warning Read Here
Asset-backed securities continue to fall Read Here
Rising demand for oil sparks new energy crisis Read Here
Week of November 12th, 2007
Wachovia loan loss reserves widen Read Here
Consumer gloom trumps trade gap gains Read Here
Investors not buying Ben; betting on rate cut Read Here
No need for more oil now: OPEC Read Here
Home prices to keep sliding with no end in sight Read Here
Currency controls return as CB's fight dollar's fall Read Here
Govt. says gas prices to jump 20 cents in next 2-3 weeks Read Here
Chinese price climb despite controls Read Here
Consumers in DANGER zone of worry Read Here
Saudi Oil Minister warms of dollar collapse Read Here
Week of November 19th, 2007
The economy's $2 Trillion worry Read Here
Fed Governor Stern says housing to worsen Read Here
Fuel Costs seen cutting holiday spending Read Here
BofA jumps on dollar fall bandwagon Read Here
Freddie Mac loses $2 Billion Read Here
40% of Americans expecting a recession Read Here
OECD says mortgage losses to hit $300 Billion Read Here
Consumer outlook bleak as shopping season begins Read Here
Asia sufferes from credit 'heart attack' Read Here
America on the brink of recession Read Here
Europe suspends mortgage bond trading between banks Read Here
Global derivatives market at $516 Trillion Read Here
Week of November 26th, 2007
Mortgage Meltdown's nightmare scenario Read Here
Housing woes have a domino effect Read Here
Greenspan: Home prices haven't bottomed yet Read Here
The Fed is handing out candy for Christmas Read Here
Two more funds go bust Read Here
Home prices fall most in two decades Read Here
Consumer confidence, home prices fall more than expected Read Here
Home Equity tapped out? Read Here
China wins from credit crunch fallout Read Here
UAE may revalue currency vs. Dollar Read Here
Week of December 10th, 2007
Consumer credit card sharks Read Here
Combatting rising indicators of looming recession Read Here
Consumer spending lags, construction plummets Read Here
Manufacturing at a near halt says ISM Read Here
Fed looking to increase credit as they cut rates Read Here
All is well in the labor world.. really? Read Here
National Debt: $30,000 per American Read Here
Home prices seen falling 30 percent Read Here
BAILOUT!!! Read Here
Mortgage delinquencies at 20-year high Read Here
Mortgage bailout a slap to many Read Here
Tainted state funds next stop for mortgage mess? Read Here
Week of December 10th, 2007
UBS the next to need a lifeline Read Here
The Next Bubble? Read Here
Consumer Credit rises again in October Read Here
And another one's gone Read Here
The end of cheap food Read Here
Subprime hotline flooded with calls Read Here
The helicopters start dropping money Read Here
The Fed will try another way to juice the system Read Here
Central Banks coordinate to increase money supply Read Here
Week of December 17th, 2007
China to allow the sale of foreign Securities Read Here
Consumer inflation jumps in November Read Here
Debt downgrade at Citigroup Read Here
Australia sues Lehman over CDO's Read Here
Consumer shurgging off high gas prices Read Here
Homebuilder confidence still at record low Read Here
ECB wants a race to currency bottom Read Here
Another US Company sells out Read Here
Grocery bills to keep growing Read Here
High costs squeezing travel Read Here
Week of December 24th, 2007
Greenspan wants homeowners helped Read Here
Dollar's fall felt around the globe Read Here
Food prices in the USA soar Read Here
Home prices post record drop in 2007 Read Here
Soybeans and corn run commodities higher Read Here
Frozen rates = falling prices? Read Here
Consumers just don't get it...yet Read Here