Please select what you would like:

• December 31, 2007 Update
  Weakest new home sales in 12 years. Dollar descends on housing woes. Jobless claims up, yet confidence up.
   
• December 24, 2007 Update
  Consumer spending rises 1.1%. AMT patch awaits Bush signature. Fed gets tougher on lenders. Banks can bid for emergency loans.
   
• December 10, 2007 Update
  A subprime rescue strategy. A decent job & wage picture. Rates on 30-year FRMs below 6%. Record low home equity levels.
   
• December 3, 2007 Update
  Wall Street rebounds. Housing blues persist. Soft spending, slow growth.
   
• November 26, 2007 Update
  Fed revises 2008 forecast. Jobless claims dip.
   
• November 19, 2007 Update
  Industrial output dips. NAR revises sales forecast. A bit of recovery.
   
• November 12, 2007 Update
  Worries shake Wall Street. Trade gap narrows. Consumer sentiment slides.
   
• November 5, 2007 Update
  Surge in new jobs. Homes in foreclosure double.
   
• October 29, 2007 Update
  Housing? Still hurting. A broken record.
   
• October 22, 2007 Update
  Huge jump in jobless claims. Stocks suffer.
   
• October 15, 2007 Update
  Retail sales gain momentum. Richest 1% earn 21% of U.S. income. Federal deficit shrinks.
   
• October 1, 2007 Update
  Consumers spend more, worry more. Credit crunch trims corporate profit.
   
• September 24, 2007 Update
  Rate cut revs up markets. Wild commodities rally subsides. Is the job market improving?
   
• September 17, 2007 Update
  "Adjustments" at Merrill Lynch. Mortgage rates at 4-month lows. Anticipation puts indexes in the black.
   
• September 10, 2007 Update
  Record # of new foreclosures. Countrywide to cut 20% of payroll.Greenspan feels déjà vu.
   
• September 4, 2007 Update
  Bernanke & Bush speak, stocks gain. Increase in consumer spending.
   
• August 27, 2007 Update
  Fed lifts lending limits for 2 banks. B of A invests in Countrywide.
   
• August 20, 2007 Update
  Countrywide borrows $11.5 billion.
   
• August 13, 2007 Update
  Fed saves the day. Global markets fall.
   
• August 6, 2007 Update
  More subprime shocks. Job data disappoints.
   
• July 30, 2007 Update
  Agonizing summer selloff. Real estate slump continues. GDP surpasses predictions.
   
• July 23, 2007 Update
  Bernanke: "moderate" growth ahead. China GDP: 11.9%.
   
• July 16, 2007 Update
  Retail sales shrink. Subprime bonds downgraded.
   
• July 9, 2007 Update
  132k jobs added in June. U.S. automakers lose more ground.
   
• July 2, 2007 Update
  Interest rates untouched. Home sales: slowest pace since 2003.