Subprime Mortgage Bond Risk Tumbles as Home Prices Stabilize - 2007-03-01
The perceived risk of owning low-rated subprime mortgage bonds decreased today as a government report suggested that U.S. home-price appreciation is firm. The slump, capped by an eight-day skid, concluded yesterday after Federal Reserve Chairman Ben S. Bernanke said the overall home loan market is healthy. Housing prices climbed 1.1 percent last quarter, after a 1 percent climb in the third quarter.
Read the full story at Bloomberg

Commerce Department Says U.S. Economy Is Weaker Than Expected - 2007-03-01
Analysts have been stumped by the apparent resilience of the U.S. economy, which seemed to be bounding ahead at a 3.5 percent pace in the final quarter of last year even as the housing market slowed down and the Federal Reserve hiked interest rates. The paradox has been solved: the economy was not bounding. The Commerce Department reported yesterday that economic growth nudged up by just 2.2 percent in the fourth quarter of last year.
Read the full story at New York Times