Best Financial Stories for August 26, 2010

Real Estate
Eight Takeaways on the Current State of Distress Opportunities
http://www.costar.com/News/Article.aspx?id=3BFDDCFE67C94C15C0142ED0D6997282&ref=100&iid=195&cid=4551B02CF9EBB4A3FD8AA99C29554FD4
KBW: Austin is Best Overall Market for CRE, Detroit Scrapes Bottom
http://www.housingwire.com/2010/08/25/kbw-austin-is-best-overall-market-for-cre-detroit-scrapes-bottom

The D-Word (hint Development)
http://www.costar.com/webimages/watchlist/WL8-26.pdf

Don't Fear A Housing Dip
http://www.forbes.com/2010/08/20/economy-finance-housing-dip-opinions-columnists-john-tamny.html

Forecast: Cincinnati hotels to see 4% revenue gain
http://www.bizjournals.com/cincinnati/stories/2010/08/23/daily38.html?ana=e_du_pub

Distress Expected to Plateau at $200B
http://www.globest.com/news/1734_1734/washington/302018-1.html

Nashville: Lockheed Martin targets downtown Nashville, sources say
http://nashville.bizjournals.com/nashville/stories/2010/08/23/story2.html?ana=e_du_pub


Economy
Slower U.S. Capital Investment May Reach Job Market
http://noir.bloomberg.com/apps/news?pid=20601087&sid=avGuL43.D6V8&pos=4

Roubini Says Third Quarter Growth in U.S. to Be ‘Well Below’ 1%
http://noir.bloomberg.com/apps/news?pid=20601010&sid=a0z0Uvraiscg

Savers Pay U.S. Banks to Keep Cash as Rates Dip, Fees Multiply
http://noir.bloomberg.com/apps/news?pid=20603037&sid=aTJDEATj9V9M

Should Ben really print and be damned?
http://ftalphaville.ft.com/blog/2010/08/26/326916/should-ben-really-print-and-be-damned/
There Are Bubbles, And Then There Are Bubbles
http://krugman.blogs.nytimes.com/2010/08/25/there-are-bubbles-and-then-there-are-bubbles/

The bank capital threat
http://www.economist.com/blogs/freeexchange/2010/08/financial_regulation

Hyperinflation is a Fiscal, Not Monetary Phenomenon
http://wallstcheatsheet.com/trading-markets/hyperinflation-is-a-fiscal-not-monetary-phenomenon/?p=17012/

Guest Post: The Great Deleveraging Lie
http://www.zerohedge.com/article/guest-post-great-deleveraging-lie

Ohio, 40 other states in ‘financial distress’
http://www.bizjournals.com/dayton/stories/2010/08/23/daily29.html?ana=e_du_pub

Tampa: Tampa Bay economy struggles, improvement tied to jobs and housing
http://www.bizjournals.com/tampabay/stories/2010/08/23/daily31.html?ana=e_du_pub
Slower U.S. Capital Investment May Reach Job Market
http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=avGuL43.D6V8

ECRI Watch: Growth adjusted downwards, further weakening ahead!
http://www.investmentpostcards.com/2010/08/26/ecri-watch-growth-adjusted-downwards-further-weakening-ahead/


Equity Market
Angry at Dave (and other bears)
http://ftalphaville.ft.com/blog/2010/08/26/327271/angry-at-dave-and-other-bears/

Dave Rosenberg fires back
http://ftalphaville.ft.com/blog/2010/08/26/327391/dave-fires-back/

Everyone’s an Albert these days
http://ftalphaville.ft.com/blog/2010/08/26/327136/everyones-an-albert-these-days/

Japan, the Big Pffft, and P/E ratios
http://ftalphaville.ft.com/blog/2010/08/25/325791/japan-the-big-pffft-and-pe-ratios/

WSJ: 'Hidenburg Omen' Creater Sticks to Guns
http://www.fundmymutualfund.com/2010/08/wsj-hidenburg-omen-creater-sticks-to.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+FundMyMutualFund+%28Fund+my+Mutual+Fund%29

Albert Edwards: "We Are Returning To 450 On The S&P"
http://www.zerohedge.com/article/albert-edwards-we-are-returning-450-sp

Doug Kass: “I just can’t be that negative now”
http://www.investmentpostcards.com/2010/08/26/doug-kass-%e2%80%9ci-just-cant-be-that-negative-now%e2%80%9d/

Credit Markets
Convexity Is Propelling Bond Bull
http://www.minyanville.com/businessmarkets/articles/bond-bond-markets-bond-bulls-convexity/8/25/2010/id/29677

Firm Makes Bold Bet on Falling Prices
http://online.wsj.com/article/SB10001424052748704540904575451910642552160.html?mod=mktw

How Low Are Bond Yields Really?
http://seekingalpha.com/article/222481-how-low-are-bond-yields-really?source=feed

Sentiment/Options/MoneyFlow
16th Sequential Equity Fund Outflow Takes Total To Over $50 Billion YTD; Retail Boycott Of Stocks Continues
http://www.zerohedge.com/article/16th-sequential-equity-fund-outflow-takes-total-over-50-billion-ytd-retail-boycott-stocks-co

Bulls reach lowest since Mar ‘09 according to AAII
http://www.ritholtz.com/blog/2010/08/bulls-reach-lowest-since-mar-09-according-to-aaii/

Alternative Investments
Private Equity Loses Fund Commitments as Tony James Woos Oregon
http://noir.bloomberg.com/apps/news?pid=20601010&sid=a1m6JfzdW8JI


Risk Management
Why going to Monte Carlo loses you money
http://blogs.reuters.com/felix-salmon/2010/08/25/why-going-to-monte-carlo-loses-you-money/


Other
The “Flight to Safety” Trade Your Broker Won’t Tell You About
http://www.zerohedge.com/article/%E2%80%9Cflight-safety%E2%80%9D-trade-your-broker-won%E2%80%99t-tell-you-about

Citi Says QE2 Would Be End-Game For The USD
http://www.zerohedge.com/article/citi-says-qe2-would-be-end-game-usd