Noteworthy Financial Stories for April 22

Greek Budget Deficit Revised to 13.6%, May Top 14%
http://www.bloomberg.com/apps/news?pid=20601087&sid=aqg7n8MKFpXg&pos=1

Existing U.S. Home Sales Climb to 5.35 Million Rate
http://www.bloomberg.com/apps/news?pid=20601087&sid=auUPgKK88r0Q&pos=2

Fed Said to Press Largest Banks to Lower Pay Incentives for Risk
http://www.bloomberg.com/apps/news?pid=20601087&sid=af0CWip1Uboo&pos=7

Banks Punished in Swaps as Industrial Gap Soars: Credit Markets
http://www.bloomberg.com/apps/news?pid=20601087&sid=aj0M.Zbt6jUM&pos=7

BlackRock Uses ETFs to Expand in $2.7 Trillion 401(k) Market
http://www.bloomberg.com/apps/news?pid=20601109&sid=akaZ5RJImhF8&pos=13

Three Questions for Entrepreneurs
http://www.bloomberg.com/apps/harvardbusiness?sid=H968e908f79b98d85919af283deb35e61

NYSE’s Niederauer Sees ‘Nice Tailwind’ for Regulations Overhaul
http://www.bloomberg.com/apps/news?pid=20601084&sid=aHjmwiscjVjo

Guest post: Mohamed El-Erian on the worsening Greek problem
http://ftalphaville.ft.com/blog/2010/04/22/209501/guest-post-mohamed-el-erian-on-the-worsening-greek-problem/

The coming M&A cycle
http://ftalphaville.ft.com/blog/2010/04/22/209161/the-coming-ma-cycle/

Paulson & Co. turns bullish on housing, economy
http://www.marketwatch.com/story/paulson-co-turns-bullish-on-housing-economy-2010-04-21

The Next Derivatives Disaster
http://streetwiseprofessor.com/?p=3687

Opinion: Time to start curbing the growth of derivatives
http://can-turtles-fly.blogspot.com/2010/04/opinion-time-to-start-curbing-growth-of.html

Bob Farrell’s 10 rules for investing
http://www.investmentpostcards.com/2010/04/22/bob-farrell%e2%80%99s-10-rules-for-investing/

Faber – cash will be “a disaster”, buy gold
http://www.investmentpostcards.com/2010/04/22/faber-%e2%80%93-cash-will-be-%e2%80%9ca-disaster%e2%80%9d-buy-gold/

Rent ratios, affordability and cap rates are saying housing is a buy
http://www.investmentpostcards.com/2010/04/22/rent-ratios-affordability-and-cap-rates-are-saying-housing-is-a-buy/

Market Analysis: Predictions vs. Forecasts
http://seekingalpha.com/article/200097-market-analysis-predictions-vs-forecasts?source=feed

Brightening up
http://www.economist.com/blogs/freeexchange/2010/04/global_recovery

The Fate of New Construction
http://cooperator.com/articles/2067/1/The-Fate-of-New-Constuction/Page1.html

Deflation? Inflation? Protect against both
http://money.cnn.com/2010/04/21/pf/funds/deflation_inflation_protection.moneymag/index.htm?section=money_topstories&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+rss/money_topstories+(Top+Stories)

April Brings Uptick in REIT Equity Offerings, IPOs
http://www.costar.com/News/Article.aspx?id=CC28581803AABBA1D04183BEE2F8A8E9

Strategic Moves: Brokerage Realignments Continue to Alter CRE Landscape
http://www.costar.com/News/Article.aspx?id=54370A3AA5A135E81DABE30D72EAAC62&ref=100&iid=178&cid=4551B02CF9EBB4A3FD8AA99C29554FD4

Noteworthy Financial Stories for April 21

Mobius Says China Property Demand to Withstand Curbs
http://www.bloomberg.com/apps/news?pid=20601109&sid=aLDWL8pyOHes&pos=14

Goldman Sachs Says SEC Case Hinges on Actions of One Employee
http://www.bloomberg.com/apps/news?pid=20601010&sid=a4wQK24j3.Mo

Hewitt Says 401(k) Balances Remain 11% Lower Than in 2007
http://www.bloomberg.com/apps/news?pid=20603037&sid=ahuZNfhU1Lh0

Krawcheck Says 62% of Wealthy Fear Health-Care Costs
http://www.bloomberg.com/apps/news?pid=20603037&sid=a2FgcYT6kjwQ

VIX May Surge to 13-Month High, UBS Says: Technical Analysis
http://www.bloomberg.com/apps/news?pid=20601084&sid=a3H_QFEwce_0

U.S. Yield Curve at Lowest in Almost a Month on Supply, Rates
http://www.bloomberg.com/apps/news?pid=20601009&sid=aFSIgEojAlB4

In defence of Goldman Sachs
http://ftalphaville.ft.com/blog/2010/04/21/208661/in-defence-of-goldman-sachs-2/

What a 100-Year Stock Market Chart Says
http://curiouscapitalist.blogs.time.com/2010/04/20/what-a-100-year-stock-market-chart-says/

Global Debt to Equity Ratio: 2005-2010
http://paul.kedrosky.com/archives/2010/04/global_debt_to.html

ETF Pairs as Sentiment Gauges: EEM and SPY
http://traderfeed.blogspot.com/2010/04/etf-pairs-as-sentiment-gauges-eem-and.html

Slack U.S. Consumers Not Carrying Consumption Weight
http://paul.kedrosky.com/archives/2010/04/slack_us_consum.html

A very friendly trend
http://www.marketwatch.com/story/a-rare-buy-signal-with-a-good-record-2010-04-21

No Dread in TED Spread
http://www.minyanville.com/businessmarkets/articles/ted-spread-russell-3000-bnp-paribas/4/21/2010/id/27816

Hedge fund assets approach all-time high
http://www.ft.com/cms/s/0/0cbca0d6-4cab-11df-9977-00144feab49a.html

Structuring an Option Portfolio
http://www.minyanville.com/businessmarkets/articles/options-option-portfolio-butterfly-strategy-calendar/4/20/2010/id/27888


Paulson & Co Investor Letter
http://www.ritholtz.com/blog/2010/04/paulson-co-investor-letter/

Long/Short Equity Hedge Funds Favoring Small Caps: Trend Report
http://www.marketfolly.com/2010/04/longshort-equity-hedge-funds-favoring.html#ixzz0llfKpXlU

S&P500 Average Monthly Change
http://www.ritholtz.com/blog/2010/04/sp500-average-monthly-change/

Jim Bianco on the Next Soverign Debt Crisis
http://www.ritholtz.com/blog/2010/04/jim-bianco-next-soverign-debt-crisis/

Jeremy Grantham On Existing & Developing Bubbles
http://www.tradersnarrative.com/jeremy-grantham-on-existing-developing-bubbles-3912.html

Beware Academics Bearing Financial Advice
http://www.tradersnarrative.com/beware-academics-bearing-financial-advice-3959.html

Sixteen Dow Recoveries
http://dshort.com/articles/2010/sixteen-dow-recoveries.html

New Highs – New Lows--A Double your Pleasure Post
http://slopeofhope.com/2010/04/new-highs-new-lows-from-facesincabs.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+typepad%2Ftradeblogs%2Fthe_slope_of_hope_with_ti+%28Slope+of+Hope+with+Tim+Knight%29

TrimTabs Using Suspect ETF Secret Sauce
http://www.indexuniverse.com/sections/blog/7491-trimtabs-using-suspect-etf-secret-sauce.html

Get Off Your Butt: 16 Ways to Get Motivated When You’re in a Slump
http://zenhabits.net/2007/08/get-off-your-butt-16-ways-to-get-motivated-when-youre-in-a-slump/

Noteworthy Financial Stories for April 12

Interest Rates Have Nowhere to Go but Up
http://www.nytimes.com/2010/04/11/business/economy/11rates.html?ref=business

RBS Commercial Funding prices $309.7 mln CMBS
http://www.reuters.com/article/idUSN099756820100409

Awash With Cash, Real Estate Trusts Afford Buying Strategy
http://www.housingwire.com/2010/04/09/awash-with-cash-real-estate-trusts-afford-buying-strategy/

Lenders Open to Real-Estate Pain
http://online.wsj.com/article/SB10001424052702304703104575174350530025786.html?mod=dist_smartbrief

Commercial-property values continued to rise in March
http://www.investmentnews.com/article/20100411/REG/304119967

Options Show S&P 500 Profit Shortage Amid Stock Gains
http://www.bloomberg.com/apps/news?pid=20601109&sid=azZ.c6jsluDI&pos=11

Double-Dip Doesn’t Figure With Inventory Rebuilding
http://www.bloomberg.com/apps/news?pid=20601010&sid=aUipGJoGciA0

So, Where Will Housing Double Dip?
http://www.housingwire.com/2010/04/12/so-where-will-housing-double-dip/

LIBOR/Treasury Spread, 1987-2010
http://www.ritholtz.com/blog/2010/04/libortreasury-spread-1987-2010/

Dumpster Diving Resumes in Earnst
http://www.zerohedge.com/article/dumpster-diving-resumes-earnst

Commercial Delinquencies Rise Again, Data Goes Ignored by Equity Markets (Again)
http://www.zerohedge.com/article/commercial-delinquencies-rise-again-data-goes-ignored-equity-markets-again

Extend and Pretend
http://www.hussman.net/wmc/wmc100412.htm

S&P 500 Index at Inflection Points
http://www.ritholtz.com/blog/2010/04/sp-500-index-at-inflection-points/

Sentiment Overview: Week Of April 9th, 2010
http://www.tradersnarrative.com/sentiment-overview-week-of-april-9th-2010-3904.html

Falling Levels of Distressed Debt
http://www.distressed-debt-investing.com/2010/04/falling-levels-of-distressed-debt.html

NBER: "Premature" to Call end of Recession
http://www.calculatedriskblog.com/2010/04/nber-premature-to-call-end-of-recession.html

ETF Deathwatch for April 2010
http://investwithanedge.com/etf-deathwatch-for-april-2010

Boringness of central banks to blame for bubbles
http://ftalphaville.ft.com/blog/2010/04/12/200331/boringness-of-central-banks-to-blame-for-bubbles/

How financial innovation causes crises
http://blogs.reuters.com/felix-salmon/2010/04/11/how-financial-innovation-causes-crises/

Delta Associates: National Distress Hits $187B
http://www.globest.com/news/1638_1638/washington/184411-1.html