Update from Market Line

8/02/2007  “Well, there is not much data to focus on this morning, so the bond and equity markets are trading close to unchanged from the close on Wednesday. The real news is the continued tightening of credit and the repricing of risk, especially for pay option arms, home equity loans, and loans with less than full documentation. Remember, tomorrow morning the Labor Department will report on the number of new jobs created in July, which is currently forecast to be +130,000. And next Tuesday we have the pleasure of another Fed meeting. It is too bad these meetings are not public; I would love to hear the discussion regarding the housing and mortgage market. ” Information is provided by Southern California Mortgage Exchange

Let’s have fun!! Dinner tonite Charlie Palmer, one of America’s leading chefs and owner of the highly acclaimed Aureole in New York, went directly to the source – Northern Sonoma County – for the finest fresh seasonal produce, gourmet food purveyors, and fine wines, to form Dry Creek Kitchen.

A labor of love from the start, Dry Creek Kitchen is located in the charming town of Healdsburg in Sonoma, California, just a short and scenic drive from San Francisco.

Dry Creek Kitchen is open for lunch and dinner and provides catering for Hotel Healdsburg.  Dry Creek Kitchen focuses on great and simple foods highlighting Sonoma County’s fresh ingredients with an ever-changing menu of homegrown, seasonal delights. Incredible products from local purveyors such as CK Lamb and Liberty Duck, plus numerous artisan cheeses from Redwood Hills and Cowgirl Creamery, among others, are key to the restaurant’s success. http://www.charliepalmer.com/dry_creek/home.html

During the week you can have a great meal for only $30 per person Prix Fixe and free corkage as long as it is Sonoma County wine. What a bargain….