Noteworthy Financial Stories for August 16

Real Estate
Low industrial prices in Ohio are attracting some buyers
http://www.middletownjournal.com/news/middletown-news/businesses-find-good-deals-on-vacant-property-862056.html

REITs Score in Second Quarter, But Clouds Remain
http://multifamilyexecutive.com/reits/reits-score-in-second-quarter-but-clouds-remain.aspx

Thoughts of real estate double dip deter investors
http://www.usatoday.com/money/economy/housing/2010-08-14-cnbc-real-estate-investing_N.htm

Washington Park renovation work to start Tuesday
http://cincinnati.bizjournals.com/cincinnati/stories/2010/08/16/daily9.html?ana=e_du_pub



Economy
What a Modern Depression Looks Like
http://www.housingwire.com/2010/08/16/what-a-modern-depression-looks-like

Nassim Nicholas Taleb: A Crazier Future
http://vodpod.com/watch/4224700-nassim-nicholas-taleb-a-crazier-future?pod=

ECRI WLI "Flattens Out" at -9.8% - ECRI says "Gage is Fine"
http://globaleconomicanalysis.blogspot.com/2010/08/ecri-wli-flattens-out-at-98-ecri-says.html

Can the Nation Stimulate Its Way to Prosperity?
http://dallasfed.org/research/eclett/2010/el1008.html



Equity Market
Is a Crash Coming? Ten Reasons to Be Cautious
http://online.wsj.com/article/SB10001424052748703723504575425723973560744.html

'Hindenburg Omen' Flashes
http://online.wsj.com/article/SB10001424052748703321004575427791421316112.html?mod=WSJ_article_related




Bonds
'Junk' Bonds Hit Record
http://online.wsj.com/article/SB10001424052748703960004575427690901781072.html?mod=WSJ_hpp_LEFTWhatsNewsCollection

Yield Curve as Recession Harbinger
http://online.wsj.com/article/SB10001424052748703321004575427822149953204.html?mod=googlenews_wsj

Rates Fall as Market Fears Economic Weakness
http://www.nytimes.com/2010/08/16/business/economy/16rate.html?_r=1




Sentiment/Options
Mutual Fund Cash Balloons
http://www.bondbuyer.com/issues/119_405/mutual_muni_funds-1016058-1.html




Hedge Funds
Meet The 'Average Joe' Hedge Fund Manager Whipping John Paulson This Year
http://www.businessinsider.com/joe-wolnick-halcyon-2010-8#ixzz0wnqhtGOl


Private Equity
A ‘Fat Cat’ Strikes Back
http://www.newsweek.com/2010/08/15/schwarzman-it-s-a-war-between-obama-wall-st.html


Commodities
I Love Gold
http://www.ritholtz.com/blog/2010/08/i-love-gold/