This week John Mauldin looks at the housing market, the continued implosion of the credit markets, and the deteriorating employment picture, and highlights what he thinks will be the next looming problem in the growing credit crisis.

Bill Bonner follows the theme of the first week of the year, and offers his forecast for 2008, or as he calls them, the financial obituaries.

Although the U.S. Natural Gas Fund ETF (UNG) was very overbought and in need of a pullback, Mike Paulenoff views the fact that today's "rest" is so shallow as a very bullish technical sign.

The minutes from December’s FOMC meeting were released yesterday, showing that the Feds believe they may need to cut rates again. According to the minutes, “tighter credit conditions, higher gasoline prices and the continuing housing correction might be restraining growth in real consumer spending.”

On Friday, the all-important US non-farm payrolls report will hit the wires, and while this release hasn’t been extremely market-moving in recent months, it may play a large role in the Federal Reserve’s next rate decision at the end of the month.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for January 3.

Friday's US Non-Farm Payrolls release could shake up Federal Reserve rate cut probabilities.

Despite the volatility of the credit crunches, subprime bust, CDOs, SIVs and more billion-dollar writedowns than you can shake a stick at, 2007 will go down in the books as a positive year for the markets.

Mike Paulenoff notices that the U.S. Natural Gas Fund (UNG) has started the year with a powerful up-gap open, and has continued still higher, towards a confrontation with the declining 50 DMA.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for January 2.