Best Financial Stories for August 24, 2010

Real Estate
Commercial Real Estate Gains for First Time in 2 Years: Study
http://www.cnbc.com/id/38815566

Strengthening CRE Market Pushes Defeasance Levels Up: Moody's
http://www.housingwire.com/2010/08/23/strengthening-cre-market-pushes-defeasance-levels-up-moodys

Housing Slide in U.S. May Drag Economy Into Recession
http://noir.bloomberg.com/apps/news?pid=20601109&sid=avpoiUT.LWa0&pos=14

Purchases of Existing Homes in U.S. Probably Slumped in July
http://noir.bloomberg.com/apps/news?pid=20601010&sid=a6ClsTUFvwn8

A mixed outlook for CRE and CMBS
http://ftalphaville.ft.com/blog/2010/08/23/323521/a-mixed-outlook-for-cre-and-cmbs/

Wells Fargo Builds CMBS Business Once Dominated by Wachovia
http://www.businessweek.com/news/2010-08-24/wells-fargo-builds-cmbs-business-once-dominated-by-wachovia.html

Chicago realty: Still coveted
http://www.suntimes.com/business/2630110,CST-NWS-cushman24web.article

July hotel occupancy hits 72%
http://www.bizjournals.com/orlando/stories/2010/08/23/daily14.html?ana=e_du_pub

Orlando hotel occupancy nears 65%
http://www.bizjournals.com/orlando/stories/2010/08/23/daily12.html?ana=e_du_pub

Jacksonville hotel occupancy up 6%
http://www.bizjournals.com/jacksonville/stories/2010/08/23/daily13.html?ana=e_du_pub

Atlanta: Déjà Vu All Over Again
http://www.bizjournals.com/atlanta/real_talk/2010/08/deja_vu_all_over_again.html?ana=e_du_pap

Leasing tomorrow today
http://www.bizjournals.com/atlanta/real_talk/2010/08/leasing_tomorrow_today.html?ana=e_du_pap

Office-Leasing Rebound Could Be Deceiving
http://online.wsj.com/article/NA_WSJ_PUB:SB10001424052748703824304575435872263411694.html

Some Good News About Empty Big Boxes
http://www.realestateadvisorlawblog.com/2010/08/articles/retail-industry-issues/some-good-news-about-empty-big-boxes/

Nashville: $250M convention center hotel on tap
http://www.bizjournals.com/nashville/stories/2010/08/23/daily14.html?ana=e_du_pub


Economy

Economy Caught in Depression, Not Recession: Rosenberg
http://www.cnbc.com/id/38831550

Fed Split on Move to Bolster Sluggish Economy
http://online.wsj.com/article/SB10001424052748703589804575446262796725120.html?wpisrc=nl_wonk

Fed’s Evans Says U.S. Economy Not ‘Out of the Woods’
http://noir.bloomberg.com/apps/news?pid=20601087&sid=aQK9JsVcMvw0&pos=4

Yield Hunt Drives Longest-Maturity Debt Demand: Credit Markets
http://noir.bloomberg.com/apps/news?pid=20601087&sid=ap7nfKdP1z6w&pos=4

Epidemic of Thrift vs. Leap of Faith; Housing Slide Will Seal Recession Fate
http://globaleconomicanalysis.blogspot.com/2010/08/epidemic-of-thrift-vs-leap-of-faith.html

The Baltic Dry Index Has Exploded Higher And The Silence From The Bears Is Deafening
http://www.businessinsider.com/baltic-dry-index-23-august-2010#ixzz0xX51sIvK
The barely discernable economic recovery: What happened?
http://www.csmonitor.com/Business/2010/0820/The-barely-discernable-economic-recovery-What-happened

In the double dip
http://economist.com/blogs/freeexchange/2010/08/growth_2

FDIC says Basel proposals crucial for safe banks
http://uk.reuters.com/article/idUKTRE67N0AC20100824

Risk of Double-Dip Recession Has Risen: Fed's Evans
http://www.cnbc.com/id/38830791

Bill Gross Explains Why The Housing Ponzi Must Go On, Or Else Society, Nevermind Pimco, Will Suffer
http://www.zerohedge.com/article/bill-gross-explains-why-housing-ponzi-must-go-or-else-society-nevermind-pimco-will-suffer

How to Survive a 'Zombie Economy'
http://seekingalpha.com/article/221963-how-to-survive-a-zombie-economy?source=feed

Rosie: “There are no quick fixes”
http://www.investmentpostcards.com/2010/08/24/rosie-%e2%80%9cthere-are-no-quick-fixes%e2%80%9d/

Is the USA the next Bear Stearns?
http://www.investmentpostcards.com/2010/08/24/jason-trennert-is-the-usa-the-next-bear-stearns/

St Louis Fed Explains Why The Fed Has Cornered Itself Between Deflation And (Hyper) Inflation
http://www.zerohedge.com/article/st-louis-fed-explains-why-fed-has-cornered-itself-between-deflation-and-hyper-inflation

US Vs. Japan Redux? A Credit 'Compare And Contrast' From BofA's Jeffrey Rosenberg
http://www.zerohedge.com/article/us-vs-japan-redux-credit-compare-and-contrast-bofas-jeffrey-rosenberg



Equity Market
Long-term perspective on the stock market
http://www.econbrowser.com/archives/2010/08/longterm_perspe.html

Morgan Stanley: Based On Japan's Great Bear, Now Is A Great Time To Buy Stocks
http://www.businessinsider.com/japan-bear-market-stock-yields-vs-bond-yields-2010-8

Mutual Fund Industry Unable to Recover, Historically Low Cash Levels
http://chartsgonewild.com/2010/08/23/mutual-fund-industry-unable-to-recover-historically-low-cash-levels/


Are Mergers Back? Well, Sort Of
http://www.nytimes.com/2010/08/24/business/24sorkin.html?_r=1&wpisrc=nl_wonk

Taleb's Pessimism Lures CIC
http://online.wsj.com/article/SB10001424052748704340504575447950667158906.html?mod=WSJ_newsreel_business

Dow Faces Bouncy Ride to 5,000: Strategist
http://www.cnbc.com/id/38826988


Credit Markets
Is there a government bond bubble?
http://www.economist.com/economics/by-invitation/questions/there_government_bond_bubble

Just say no to bonds
http://ultimibarbarorum.com/2010/08/22/just-say-no-to-bonds/

Why Bond Volatility Is Acting Abnormally
http://www.minyanville.com/businessmarkets/articles/bonds-bond-volatility-bond-traders-ishares/8/23/2010/id/29674


Sentiment/Options/MoneyFlow
The Summer of (Volatility Shorting) George
http://dailyoptionsreport.com/blog/post/the-summer-of-volatility-shorting-george/


Hedge Funds
Hedge Funds Bet Most on Higher Commodities Since 2008
http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=aEpag1aH.55Y



Risk Management
Tail risk five times more likely than expected
http://www.hedgefundsreview.com/hedge-funds-review/news/1729170/tail-risk-times-expected#ixzz0xX6LgNAI

Operational Risk #2: The Blind Leading the Blind—Overextended and Underqualified Managers
http://articles.stonehouseconsulting.com/2010/08/23/2-operational-risk-the-blind-leading-the-blind%e2%80%94overextended-and-underqualified-managers/


Other
Yen intervention 101: why it won’t work
http://ftalphaville.ft.com/blog/2010/08/24/324516/yen-intervention-101-why-it-wont-work/

Top 10 Cloud Computing Complaints
http://wallstreetandtech.com/data-management/showArticle.jhtml?articleID=226900078&cid=RSSfeed_WST_All