Is it just us, or does every week seem like Fed Week around here...
- From the AP's Jeannine Aversa: Risks in Fed's Deeper Interest Rate Cuts.
- Bloomberg's Bob Ivry notes that the Fed funds rate is one thing, but market interest rates are, at times, very different critters.
- Pretty pictures from Calculated Risk on the not-so-pretty-picture that is December new home sales.
- Yves Smith points to spreading suspicion that global financial markets have reached a "Wile E. Coyote" moment.
- Just another winning headline for Blackstone.
- Good stuff from BusinessWeek's Michael Mandel on the effects of (very) free-flowing credit over the last several years.