Best Financial Stories for Sep 2, 2010

Real Estate
CoStar Repeat Sale Indices: Distress Contributing to a 'Shaky Bottom' for CRE Sales, Pricing
http://www.costar.com/News/Article.aspx?id=41D5A0128F288AC19617BCE075147829&ref=100&iid=196&cid=4551B02CF9EBB4A3FD8AA99C29554FD4
Latest CMBS Data Show More Secondary Markets Doing Better Than Some Larger Markets
http://www.costar.com/News/Article.aspx?id=8326BE8454188181DCE2395662192E9D&ref=100&iid=196&cid=4551B02CF9EBB4A3FD8AA99C29554FD4
DebtX July CRE loan value up to 79.4%
http://www.housingwire.com/2010/09/01/debtx-july-cre-loan-value-up-to-79-4

REITS Trading 45% Below Peak Values; Prudential Managing Director Sees Huge Opportunities For Long-term Investors
http://finance.yahoo.com/news/REITS-Trading-45-Below-Peak-twst-2212349412.html?x=0&.v=1

A smackdown to America’s balance sheets
http://www.bizjournals.com/atlanta/real_talk/2010/08/fasb_just_delivered_a_13_trillion_smackdown_to_americas_balance_sheets.html?ana=e_du_pap


Economy
U.S. Avoids Recession as Data Can’t Get Much Worse
http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=aXNpH2TK4EJI

U.S. Faces Stagnation Until Cuts, Fed Adviser Prescott Says
http://noir.bloomberg.com/apps/news?pid=20601015&sid=atznTjO8zErY

Economist Christina Romer serves up dismal news at her farewell luncheon
http://www.washingtonpost.com/wp-dyn/content/article/2010/09/01/AR2010090106148.html?sid=ST2010090106698&wpisrc=nl_wonk

Five reasons to be optimistic about the economy
http://voices.washingtonpost.com/political-economy/2010/09/five_reasons_to_be_optimistic.html

IMF ponders the improbable: Will U.S. default?
http://voices.washingtonpost.com/political-economy/2010/09/imf_ponders_the_improbable_wil.html?wpisrc=nl_wonk

Why America Isn’t Working
http://www.project-syndicate.org/commentary/rogoff72/English

Hoteliers Still Wary Even as NOIs Recover
http://www.costar.com/news/Article.aspx?id=14A37646E299BD08C75EDF64666B797D

The Economic Narrative
http://krugman.blogs.nytimes.com/2010/09/01/the-economic-narrative/

Time for a Little Optimism
http://www.cnbc.com/id/38971864

Roubini: No chance of a V-shaped recovery
http://www.investmentpostcards.com/2010/09/02/roubini-no-chance-of-a-v-shaped-recovery/

Picture du Jour: Problem banks hit a new high
http://www.investmentpostcards.com/2010/09/02/picture-du-jour-problem-banks-hit-a-new-high/

Strongest jobs recovery in decades. Seriously
http://money.cnn.com/2010/09/02/news/economy/jobs_recovery/index.htm



Equity Market
U.S. Stock Surge Unconvincing, DeGraaf Says: Technical Analysis
http://noir.bloomberg.com/apps/news?pid=20601084&sid=arVnhxHMPMBM

Stock Market Could Rally "Quickly If There Is a Soft Landing," Says ECRI's Achuthan
http://finance.yahoo.com/tech-ticker/article/535387/Stock-Market-Could-Rally-%22Quickly-If-There-Is-a-Soft-Landing%2C%22-Says-ECRIs-Achuthan

Is Current Bearishness Actually Bullish for Stocks?
http://finance.yahoo.com/news/Is-Current-Bearishness-etfguide-1769472828.html?x=0

Despite Big Rally, Charts Remain Weak: Analyst
http://www.cnbc.com/id/38971495

Bear Days of August Might be Over, Says Barry Ritholtz
http://finance.yahoo.com/tech-ticker/article/535389/Bear-Days-of-August-Might-be-Over%2C-Says-Barry-Ritholtz



Credit Markets
The Chinese-Hedging-Gone-Awry Theory of Treasuries
http://www.thereformedbroker.com/2010/09/01/the-chinese-hedging-gone-awry-theory-of-treasuries/

MOVE INDEX NOT SHOWING COMPLACENCY IN BOND MARKET
http://pragcap.com/move-index-not-showing-complacency-in-bond-market

Bond ‘Bubble’ Inflating Faster Than Dotcom
http://www.cnbc.com/id/38934870

Interest Rates: 60-Year Cycle
http://www.ritholtz.com/blog/2010/09/interest-rates-60-year-cycle/



Sentiment/Options/MoneyFlow

The Cult of Equity is dead. Long live bonds
http://ftalphaville.ft.com/blog/2010/09/02/332636/the-cult-of-equity-is-dead-long-live-bonds/

Bearish Sentiment Rises to Highest Level Since March 2009
http://www.bespokeinvest.com/thinkbig/2010/9/1/bearish-sentiment-rises-to-highest-level-since-march-2009.html

Looking at the AAII Bullish, Neutral & Bearish Readings from 2009-Present
http://chartsgonewild.com/2010/09/02/looking-at-the-aaii-bullish-neutral-bearish-readings-from-2009-present/

Expect S&P to Hit 1500 in 2012: Marc Pado
http://www.cnbc.com/id/38972112

Is it time to think about bear market cures?
http://www.usatoday.com/money/perfi/columnist/waggon/2010-08-27-investing27_ST_N.htm

Technical Talk: Contrarian buy signal?
http://www.investmentpostcards.com/2010/09/02/technical-talk-contrarian-buy-signal/

Global investor confidence fell in August
http://internet.statestreet.com/industry_insights/investor_confidence_index/ici_overview.html


Alternative Investments
This Time Seen Different as Emerging Stocks Top World
http://noir.bloomberg.com/apps/news?pid=20601010&sid=axh1DWkBH4tM

Gold Rushing on Into Autumn
http://www.minyanville.com/businessmarkets/articles/money-printing-historical-patterns-price-of/9/1/2010/id/29906

Funds of hedge funds face up to bleak future
http://www.reuters.com/article/idUSLNE68000N20100901

My Condolences to the Currency Professional
http://www.thereformedbroker.com/2010/09/02/my-condolences-to-the-currency-professional/

Mrs. Watanabe corners global currency market
http://www.marketwatch.com/story/mrs-watanabe-corners-global-currency-market-2010-09-02




Other
Beware Demands of Ultra-Rich Clients, Barclays Says
http://noir.bloomberg.com/apps/news?pid=20603037&sid=a0VMuc9aosOA

Why You Should Follow the Beige Book
http://www.openforum.com/idea-hub/topics/money/article/why-you-should-follow-the-beige-book-michael-periu