Noteworthy Financial Stories for May 18

How low can the euro go? Very.
http://money.cnn.com/2010/05/18/news/international/euro_low.fortune/index.htm

Go ahead and default, Greece!
http://money.cnn.com/2010/05/17/news/international/greece_sovereign_default.fortune/index.htm

Quants: Alchemists of Wall Street
http://misstrade.wordpress.com/2010/05/18/quants-alchemists-of-wall-street/

For a solution to the euro crisis, look to the states
http://www.washingtonpost.com/wp-dyn/content/article/2010/05/17/AR2010051702808.html

Biggest stocks to get circuit-breakers, Reuters says
http://ftalphaville.ft.com/blog/2010/05/18/235041/biggest-stocks-to-get-circuit-breakers-reuters-says/

The world according to Fitch
http://ftalphaville.ft.com/blog/2010/05/18/234806/the-world-according-to-fitch/

China’s commodities/property price nexus
http://ftalphaville.ft.com/blog/2010/05/18/233946/chinas-commoditiesproperty-price-nexus/

Here Is Why Jeremy Grantham Thinks Gold Will Crash
http://www.zerohedge.com/article/here-why-jeremy-grantham-thinks-gold-will-crash

New battle plan needed for a crisis-prone world
http://www.ft.com/cms/s/0/9f165de0-61bf-11df-aa80-00144feab49a.html

S&P 500’s ‘Constructive’ Retreat Not Over: Technical Analysis
http://www.bloomberg.com/apps/news?pid=20601084&sid=aZLXMviyE1I4

Hugh Hendry Shorts China, Betting on 1920s Japan-Like Crash
http://www.businessweek.com/news/2010-05-18/hugh-hendry-shorts-china-betting-on-1920s-japan-like-crash.html

The Cave and The River
http://howardlindzon.com/the-cave-and-the-flow/

Don't Be Misled By 13F SEC Filings, They Don't Disclose Shorts, Credit Default Swap Exposure (CDS)
http://www.distressedvolatility.com/2010/05/dont-be-misled-by-13f-sec-filings-they.html

Commodities -- the Crash You Didn't Hear
http://online.barrons.com/article/SB127410043464692855.html#mod=bol_share_twitter

Equity Analysts Have Been Overoptimistic for a Generation
http://web.hbr.org/email/archive/dailystat.php?date=051710?

Gold Sentiment Cross Currents: Euphoria Or Meh?
http://www.tradersnarrative.com/gold-sentiment-cross-currents-euphoria-or-meh-4093.html
Housing Starts in U.S. Rose to Highest Since 2008
http://www.bloomberg.com/apps/news?pid=20601087&sid=aXBhfCKieFHQ&pos=2

Producer Costs in U.S. Unexpectedly Dropped in April
http://www.bloomberg.com/apps/news?pid=20601087&sid=aTsNAEa.wSik&pos=2

Greek Crisis Is ‘Tip of Iceberg’ in Euro Region, Roubini Says
http://www.bloomberg.com/apps/news?pid=20601087&sid=aC7W4JwWdbkM&pos=5

Euro Falls Toward Lowest Since 2006 on Concerns Growth to Slow
http://www.bloomberg.com/apps/news?pid=20601010&sid=aI5wOmZuVVX8

CRE: Not Out of the Fire (may require sign up)
http://www.cbre-ea.com/default.aspx?_title=AboutRealEstate&_id=2367

Debt overload, and the hunt for a successor to U.S. bonds
http://www.marketwatch.com/story/abandoning-treasurys-for-safer-bets-overseas-2010-05-14

U.S. Bond Sales Rise as Contagion Concern Fades: Credit Markets
http://www.bloomberg.com/apps/news?pid=20601010&sid=a7Pv1bpT26d8

Paulson, Fidelity Among Funds Adding to Bank of America Stakes
http://www.bloomberg.com/apps/news?pid=20603037&sid=amVbdv5hAUzY

Euro Won’t Be Choked by Austerity Drive, EU Says
http://www.bloomberg.com/apps/news?pid=20601087&sid=aI_cVrVKkrqI&pos=3

Home Builder Confidence Rises to Highest Point Since 2007
http://www.housingwire.com/2010/05/17/home-builder-confidence-rises-to-highest-point-since-2007/

The Statistic Behind a Mortgage Meltdown
http://www.housingwire.com/2010/05/17/the-statistic-behind-a-mortgage-meltdown/

The formula that felled Wall St
http://www.ft.com/cms/s/2/912d85e8-2d75-11de-9eba-00144feabdc0.html

Recipe for Disaster: The Formula That Killed Wall Street
http://www.wired.com/techbiz/it/magazine/17-03/wp_quant?currentPage=all#