My Back Pages

US builders forced to sell off holdings - FT.com The Newest Cottage Industry - WSJ.com Many on Main Street can't see past gloom - Los Angeles Times Why No Outrage? - WSJ.com Cities, Customers Launch 'Save Our Starbucks' Efforts - WSJ.com...

Short-sellers caught out by higher costs - FT.com Apple fails BlackBerry test - FT.com Peaked Oil? Exxon Mobil at 52-week low - Los Angeles Times S&P 500 Earnings Beat Rate At 72% - Bespoke Investment Group Addicted to Grief? - Scientific American...

The last time we saw anything close to this many stocks making new, 52-week lows on the NYSE was nearly ten years ago. Subsequent to that weakness, the stock market rallied more than 35% over the following three months. (Click for audio)...

Goldman Is Queried About Bear's Fall - WSJ.com It costs what?! Calculating the CPI requires a lot of shopping around - Los Angeles Times While the U.S. Spends Heavily on Health Care, a Study Faults the Quality - NYTimes.com Bend bank files lawsuit against firm linked to Pahlisch Homes - The Bulletin U.S. Economy: Home Construction Hits 17-Year Low - Bloomberg.com...

Oil has taken a pounding the past couple of days and looks like it may be breaking down after an epic runup in recent months. ( Click for audio)

U.S. Stocks Gain; Wells Fargo Leads Financials to Record Rally - Bloomberg.com Homebuilder Confidence in U.S. Reached Record Low in July - Bloomberg.com New 20% Down Payment Makes Savers From U.S. Spenders - Bloomberg.com Investors Intelligence Highest Bearish Reading Since 1995 - Bespoke Investment Group...

Source: Editorial Cartoon Rex Babin Sacramento Bee July 15, 2008.