CNNMoney: Unemployment claims fall to 4-month low

Unemployment claims fall to 4-month low
By Annalyn Censky @CNNMoney August 11, 2011: 9:55 AM ET

NEW YORK (CNNMoney) -- At a time when the economy seems to be hanging by a thread, the Labor Department reported at least some better news about the job market Thursday.

U.S. Consumer Confidence Declines to Lowest Since May in Bloomberg Index

Related News: Bloomberg, U.S., Economy
U.S. Consumer Confidence Declines to Lowest Since May in Bloomberg Index
By Jillian Berman - Aug 11, 2011 05:45 AM GMT-0800

Consumer confidence dropped last week to the lowest level since mid-May as American high earners, homeowners and those working full time turned more pessimistic.

CNNMoney: Foreclosures fall for 10th straight month

Foreclosures fall for 10th straight month
By Les Christie August 11, 2011: 5:27 AM ET

NEW YORK (CNNMoney) -- Foreclosure filings dropped once again in July, hitting their lowest level since November 2007, as processing delays and foreclosure prevention measures enabled a larger number of delinquent borrowers to remain in their homes.

Bloomberg: Cut in Household Spending Points to Recession

Related News: Bloomberg, Canada, Retail, Economy, Currencies, Italy, Municipal Bonds, US
Cut in Household Spending Points to Recession
By Shobhana Chandra and Steve Matthews - Aug 11, 2011 04:01 AM GMT

Recession signals in the world’s largest economy are flashing red again.

CNNMoney: Roubini: Double dip more likely

Strategy Sessions
Roubini: Double dip more likely

 
Economist Nouriel Roubini says the chances of a double dip recession have increased given the market plunge, weak housing market and structural weaknesses in the economy. Play

CNNMoney: Recession 2.0 would hurt worse

RECOVERY AT RISK
Recession 2.0 would hurt worse
By Chris Isidore @CNNMoney August 10, 2011: 10:25 AM ET

NEW YORK (CNNMoney) -- The risk of double dip recession is rising.

WSJ: Report: Housing Pain Persists, but Less Pervasive

AUGUST 9, 2011, 12:02 AM ET
Report: Housing Pain Persists, but Less Pervasive
By Nick Timiraos

The pace of home-value declines eased during the spring, but worries over the economy and high levels of foreclosures mean that the housing bottom is as elusive as ever.

CNNMoney: Housing recovery slips out of sight

Housing recovery slips out of sight
By Les Christie August 9, 2011: 1:58 PM ET

NEW YORK (CNNMoney) -- Any glimmer of hope that the housing market will stage a recovery in the upcoming months has vanished, thanks to the recent spate of bad economic news that has been making headlines over the past several weeks.

BNP: Daily Interest Rate Strategy (US)

With Treasury debt downgraded from AAA status over the week-end, the response from the market was to unleash a massive rally in the rates market

PIMCO Comments

Implications for investors

Anticipate volatility over the short term but in the long term, the outlook for bond returns as "bonds mature" remains positive. Overtime we will have the advantage of higher spread margins over risk assets.