Noteworthy Financial Stories for June 23

Volcker Rule Under Attack as Lawmakers Seek Hedge Fund Loophole
http://noir.bloomberg.com/apps/news?pid=20601087&sid=a63RvgcSapo8&pos=1

Record BRIC-Led Share Sales Inundate Emerging Markets
http://noir.bloomberg.com/apps/news?pid=20601087&sid=aJKYtB7PSX.8&pos=7

Bernanke Economy May Get Boost From Stronger Chinese Currency
http://noir.bloomberg.com/apps/news?pid=20601109&sid=adBtFJXV1ThQ&pos=12

Bond Defaults Stalk Michigan’s Wealthiest as Home Prices Crash
http://noir.bloomberg.com/apps/news?pid=20601109&sid=aDwniQuSlitU&pos=13

Euro Near 1-Week Low on Speculation Global Recovery Will Stall
http://noir.bloomberg.com/apps/news?pid=20601010&sid=avMGEUUxC2mg

European Rally Seen by Stock Strategists on Profits
http://noir.bloomberg.com/apps/news?pid=20603037&sid=ae72HFwNzEro

BofA Beating JPMorgan Is Reason to Trade Options, Barclays Says
http://noir.bloomberg.com/apps/news?pid=20601084&sid=avIYNrr.BjQc

Junk Bonds Revive on Bernanke ’Sub-par’ Economy: Credit Markets
http://noir.bloomberg.com/apps/news?pid=20601009&sid=a3HS3ZdXBqw0

Gold May Gain in New York as Recovery Concerns Spur Demand
http://noir.bloomberg.com/apps/news?pid=20601012&sid=aHVmAtvmWXjU

Yuan Shift Won’t Make Stocks Better Buys, Mobius Says
http://noir.bloomberg.com/apps/news?pid=20601013&sid=awYE45QnaSag

BP Spill May Be Less Than Doomsayers Think
http://noir.bloomberg.com/apps/news?pid=20601039&sid=axz59xiCgHuw

Chinese floating exchange rate? There’s an ETF for that
http://ftalphaville.ft.com/blog/2010/06/23/269196/chinese-floating-exchange-rate-theres-an-etf-for-that/

Flight to safety? Follow the US Treasuries
http://ftalphaville.ft.com/blog/2010/06/23/269101/flight-to-safety-2/

My junk bond is better than your sovereign bond
http://ftalphaville.ft.com/blog/2010/06/23/268756/my-junk-bond-is-better-than-your-sovereign-bond/

Is Paul Krugman depressed?
http://blogs.marketwatch.com/fundmastery/2010/06/21/is-paul-krugman-depressed/

There Will Be War
http://www.forbes.com/2010/06/21/iran-nuclear-israel-war-opinions-reza-kahlili.html?feed=rss_home
Stupid Boys & The Jones Act
http://www.upsidetrader.com/2010/06/21/stupid-boys-the-jones-act/

Is May's Home Sales Decline an Alarming Signal of What's to Come?
http://www.housingwire.com/2010/06/22/is-mays-home-sales-decline-an-alarming-signal-of-whats-to-come

Dow Fails to Hold Its 200-Day Simple Moving Average
http://www.minyanville.com/businessmarkets/articles/dow-200-day-simple-moving-average/6/23/2010/id/28871?camp=syndication&from=yahoo

Why MLP ETFs Require Careful Consideration
http://finance.yahoo.com/news/Why-MLP-ETFs-Require-Careful-ms-2704204583.html?x=0

Demand For Some Commercial Properties Masks Market's Problems
http://online.wsj.com/article/BT-CO-20100622-712687.html?mod=dist_smartbrief

New Accounting Rules Ruffle the Leasing Market
http://www.nytimes.com/2010/06/23/realestate/commercial/23fasb.html?ref=business

Hotels appear to be on the brink of recovery
http://online.wsj.com/article/SB10001424052748704123604575322840815295472.html?mod=dist_smartbrief

How to Organize a Successful Meetup
http://www.openforum.com/idea-hub/topics/technology/article/how-to-organize-a-successful-meetup-stephanie-marcus

Kauffman Economic Outlook, Q2: 'Tepidly Optimistic'
http://www.openforum.com/idea-hub/topics/money/article/kauffman-economic-outlook-q2-tepidly-optimistic-anita-campbell

Value Picks From A Top Money Manager
http://stocks.investopedia.com/stock-analysis/2010/Value-Picks-From-A-Top-Money-Manager-BMY-JNJ-GD-MSFT-MO0623.aspx?partner=YahooSA

FOMC Statement: "Exceptional", "Extended", Hoenig Dissents
http://www.zerohedge.com/article/fomc-statement-exceptional-extended-hoenig-dissents

Rosenberg: "The Pattern Would Suggest A Test Of 5,000 On The Dow (At The Same Time As Gold Is At 5,000 Too)"
http://www.zerohedge.com/article/rosenberg-pattern-would-suggest-test-5000-dow-same-time-gold-5000-too

Global Tactical Asset Allocation - Equities, Third Quarter Update, Part 2
http://www.zerohedge.com/article/global-tactical-asset-allocation-equities-third-quarter-update-part-2


A Squeeze Or A Rally? Goldman Increasingly Doubting Its Bullishness (Time To Buy?)
http://www.zerohedge.com/article/squeeze-or-rally-goldman-increasingly-doubting-its-bullishness-time-buy

New Home Sales Plunge By Record 33%, Market Plunges To Welcome Double Dip
http://www.zerohedge.com/article/new-home-sales-plunge-record-33-market-plunges-welcome-double-dip

Here Comes the “Bathtub” Economy
http://www.zerohedge.com/article/here-comes-%E2%80%9Cbathtub%E2%80%9D-economy?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

ECRI Weekly Leading Indicators Widely Misunderstood
http://www.ritholtz.com/blog/2010/06/ecri-weekly-leadinbg-indicators-widely-misunderstood/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheBigPicture+%28The+Big+Picture%29

Rydex Sentiment For The Energy Services Sector
http://www.tradersnarrative.com/rydex-sentiment-for-the-energy-services-sector-4300.html

Equity Analysts Are Getting Real: Rally for Q2 Earnings?
http://blogs.wsj.com/marketbeat/2010/06/22/equity-analysts-are-getting-real-rally-for-q2-earnings/

Gold's ever-so-brief new high
http://www.marketwatch.com/story/contrarian-take-on-golds-prospects-2010-06-23

Funds of hedge funds
http://www.ft.com/cms/s/3/ccc2e37c-7ea1-11df-ac9b-00144feabdc0.html

Update on Momentum Stocks
http://www.crossingwallstreet.com/archives/2010/06/update_on_momen.html

Ken French Website
http://mba.tuck.dartmouth.edu/pages/faculty/ken.french/data_library.html

Private Equity's Cash Problem
http://online.wsj.com/article/SB10001424052748704853404575323073059041024.html

The Dunning-Kruger Effect: Can We Profit?
http://oldprof.typepad.com/a_dash_of_insight/2010/06/the_dunning-kruger_effect.html

Victor Niederhoffer
http://randomroger.blogspot.com/2010/06/victor-niederhoffer.html