Noteworthy Financial Stories for June 17

Jim Chanos Shorts Oil Majors, Ford Shares, Hasn’t ‘Played’ BP
http://www.bloomberg.com/apps/news?pid=20601087&sid=apPnL_mjDJeA&pos=6

Impact of CRE Distress Varies Widely Market to Market
http://www.costar.com/news/Article.aspx?id=24E58DD16CAB0A7F1C39851C2E200730

Wall Street Rating Agencies See Improving Outlook for REITs
http://www.costar.com/news/Article.aspx?id=26AA38CB63928AE153A9A05DB33448B7

Consumer Prices in U.S. Fell for Second Month in May
http://www.bloomberg.com/apps/news?pid=20601087&sid=ajefFcipHmUE&pos=2

Heebner’s Hold on Top Fund Spot Slips in Third Year of Slump
http://www.bloomberg.com/apps/news?pid=20601108&sid=ald5h_nPY5Ro

U.S. 10-Year Note Poised to Break Range: Technical Analysis
http://www.bloomberg.com/apps/news?pid=20601009&sid=aojJ0McbdUi0

Euro Surges as Spanish Bond Sales Draw Higher Investor Demand
http://www.bloomberg.com/apps/news?pid=20601083&sid=aZ3K9TQXkBTw

Pimco’s McCulley Sees Fed on Hold for a ‘Very’ Extended Time
http://www.bloomberg.com/apps/news?pid=20601083&sid=aoJfkjzX.who

Hedge funds attract over $5bn inflows in May but performance losses cancel out gains
http://www.hedgefundsreview.com/hedge-funds-review/news/1685933/hedge-funds-ucits-funds-attract-usd5bn-inflows-may-performance-lags

Learning to Love Hedge Funds
http://online.wsj.com/article/SB10001424052748703302604575294983666012928.html

Hedge funds rely less on the rich – survey
http://www.reuters.com/article/idUSN1618894120100616

Quantiative Easing – 1930’s Style
http://research.stlouisfed.org/publications/mt/20100701/mtpub.pdf

Scientists Warn Gulf Of Mexico Sea Floor Fractured Beyond Repair
http://beforeitsnews.com/news/76/057/Scientists_Warn_Gulf_Of_Mexico_Sea_Floor_Fractured_Beyond_Repair.html

BP Option Skews and Its Risk of Ruin
http://www.minyanville.com/businessmarkets/articles/bp-option-trading-equity-options-volatility/6/16/2010/id/28720

Elusive Trading Range
http://vixandmore.blogspot.com/2010/06/elusive-trading-range.html

SPAIN MAY BE THE NEXT DOMINO TO FALL
http://pragcap.com/spain-may-be-the-next-domino-to-fall

Todd Harrison: "We Are in the Eye of the Storm"
http://finance.yahoo.com/tech-ticker/article/505273/Todd-Harrison%3A-%22We-Are-in-the-Eye-of-the-Storm%22

Bears - Is It Time To Throw In The Towel?
http://finance.yahoo.com/news/Bears-Is-It-Time-To-Throw-In-etfguide-122327657.html?x=0&.v=1

Deep Global Recession, Only Moderate Recovery
http://www.ritholtz.com/blog/2010/06/deep-global-recession-only-moderate-recovery/

Residential Real Estate: A Buyer’s Market
http://www.ritholtz.com/blog/2010/06/residential-real-estate-buyers-market/

Emerging Markets As Global Growth Engines
http://www.tradersnarrative.com/emerging-markets-as-global-growth-engines-4260.html

Now Stocks Are 48% Overvalued, Says Smithers
http://www.businessinsider.com/now-stocks-are-48-overvalued-says-smithers-2010-6

Are the Odds Stacked Against Stock Funds?
http://news.morningstar.com/articlenet/article.aspx?id=341101

Bearish Sentiment Approaching July 2009 Highs
http://www.bespokeinvest.com/thinkbig/2010/6/16/bearish-sentiment-approaching-july-2009-highs.html

Don’t Get Sucked Into the Bond Bubble
http://www.zerohedge.com/article/don%E2%80%99t-get-sucked-bond-bubble

Remind me...why I am paying 2 and 20?
http://humblestudentofthemarkets.blogspot.com/2010/06/remind-mewhy-i-am-paying-2-and-20.html

Long-Dated Volatility Opportunities
http://www.surlytrader.com/long-dated-volatility-opportunities/

ICI Reports Another Massive Equity Outflow In Prior Week, Stocks Now Ignore Fund Flows
http://www.zerohedge.com/article/ici-reports-another-massive-equity-outflow-prior-week-stocks-now-ignore-fund-flows?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29

Gary Shilling’s Bearishness Doesn’t Seem So Nutty
http://finance.yahoo.com/tech-ticker/suddenly-gary-shilling's-bearishness-doesn't-seem-so-nutty-505006.html

Gold In A Cup & Handle Formation
http://www.tradersnarrative.com/gold-in-a-cup-handle-formation-4252.html

Rosenberg On Reality Vs Propaganda, A Realistic Outlook, And Capital Allocation
http://www.zerohedge.com/article/rosenberg-reality-vs-propaganda-realistic-outlook-and-capital-allocation?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29

Dawn dishwashing detergent saves wildlife
http://www.washingtonpost.com/wp-dyn/content/article/2010/06/15/AR2010061501694.html