Noteworthy Financial Stories for November 30

CRE
Moody's: Value of commercial property falls to 2002 levels
http://online.wsj.com/article/SB10001424052748703819904574555774156930150.html

Commercial Property Remains Under Distress
http://online.wsj.com/article/SB10001424052748703819904574553744276248928.html?mod=dist_smartbrief

CPPI Hits 7-Year Low
http://www.reit.com/tabid/477/News/default.aspx?type=E&ID=71

Commercial Real Estate: The Next Bubble?
http://www.smartmoney.com/Investing/Stocks/Commercial-Real-Estate-The-Next-Bubble/

General
Fed Officials Watch Asset Prices for Signs of ‘Excessive Risk’
http://www.bloomberg.com/apps/news?pid=20601208&sid=atWoGngEpam4

An Empire at Risk
http://www.newsweek.com/id/224694/output/print

How To Play Dubai? Short DBV
http://www.indexuniverse.com/sections/features/6920-short-dbv.html?Itemid=5

Debtwatch No 41, December 2009:
http://www.debtdeflation.com/blogs/2009/12/01/debtwatch-no-41-december-2009-4-years-of-calling-the-gfc/

Banking
2.8% drop in lending is largest since 1984
http://www.washingtonpost.com/wp-dyn/content/article/2009/11/24/AR2009112401604.html?nav=rss_business

Insurers' next headache? Commercial-mortgage defaults, says Fitch
http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20091124/FREE/911249988

Banks Should Beef Up Now Ahead of Deals Later
http://online.wsj.com/article/SB10001424052748704888404574547360984692636.html

Growth of Problem Banks (unofficial)
http://www.calculatedriskblog.com/2009/11/growth-of-problem-banks-unofficial.html

What does bank solvency mean?
http://blog.rivast.com/?p=2940

FDIC Fund in the Negative
http://finance.yahoo.com/news/FDIC-Fund-in-the-zacks-3331474430.html?x=0&.v=1

Bonds
In-Geithner-We-Trust Bond Market Gets Lowest Yield
http://www.bloomberg.com/apps/news?pid=20601087&sid=afsQk.qqG7Ag&pos=5

Stock market
Hedge Funds Buying as Individuals Sell in Bull Signal
http://www.bloomberg.com/apps/news?pid=20603037&sid=a4AM10uq1vAM

Sentiment Overview: Week Of November 27th, 2009
http://www.tradersnarrative.com/sentiment-overview-week-of-november-27th-2009-3280.html

State Street Sentiment
http://online.barrons.com/article/SB125935218906166855.html

Noteworthy Financial Stories for November 20

To Trade, Play Poker
http://www.bloomberg.com/apps/news?pid=20601084&sid=alximP6.Eta8

Fed Makes Monitoring Bank Capital Foremost Concern
http://www.bloomberg.com/apps/news?pid=20601087&sid=aT1UiSxFDPeA&pos=1

Zhou Says China ‘Passive’ as Dollar Drop Pulls Yuan
http://www.bloomberg.com/apps/news?pid=20601068&sid=anQGdFIjfwPU

T-Bill Terror
http://ftalphaville.ft.com/blog/2009/11/20/84516/t-bill-terror/

No One Likes Japan
http://ftalphaville.ft.com/blog/2009/11/20/84501/japan-equities-the-midget-is-limbo-dancing/

Another View: Unintended Consequences on Wall St.
http://dealbook.blogs.nytimes.com/2009/11/19/another-view-unintended-consequences-on-wall-st/?ref=business

Ben Stein: 4 lessons from the recession
http://money.cnn.com/2009/11/18/news/economy/recession_lessons.fortune/index.htm

Société Générale tells clients how to prepare for potential 'global collapse'
http://www.telegraph.co.uk/finance/economics/6599281/Societe-Generale-tells-clients-how-to-prepare-for-global-collapse.html

We Need a Second Stimulus Immediately, Says James Galbraith
http://finance.yahoo.com/tech-ticker/article/376164/We-Need-a-Second-Stimulus-Immediately%2C-Says-James-Galbraith

Whoops: Stocks Now 20%+ Overvalued
http://www.businessinsider.com/stocks-overvalued-2009-11

More Carry Trade
http://pragcap.com/would-you-like-a-carry-trade-with-that

A Few House Price Forecasts
http://www.calculatedriskblog.com/2009/11/few-house-price-forecasts.html

RAIL DATA REMAINS SLUGGISH DESPITE NEAR-TERM IMPROVEMENT
http://pragcap.com/rail-data-remains-sluggish-despite-year-over-year-improvement

Bill Gross Monthly Outlook
http://www.pimco.com/LeftNav/Featured+Market+Commentary/IO/2009/Dec+Gross+Anything+but+01.htm

Krugman on the invisible bond vigilantes
http://blogs.reuters.com/rolfe-winkler/2009/11/20/krugman-on-the-invisible-bond-vigilantes/

Commercial Concerns Mount (video)
http://www.cnbc.com/id/15840232?video=1336476330&play=1

Noteworthy Financial Stories for November 19

Geithner Says U.S. Economy to Grow in 4th Quarter and Into 2010
http://www.bloomberg.com/apps/news?pid=20601087&sid=aI9L227R2Z7Q&pos=2

Meredith Whitney Says Bank Stocks Are ‘Grossly’ Overvalued
http://www.bloomberg.com/apps/news?pid=20601087&sid=acyezZUH_MYo&pos=5

Leading Economic Indicators in U.S. Increased 0.3%
http://www.bloomberg.com/apps/news?pid=20601068&sid=aOnjh.dlF0gk

Gold Mania
http://ftalphaville.ft.com/blog/2009/11/19/84216/a-minskian-roadmap-to-the-next-gold-mania/

Goldilocks Recovery?
http://ftalphaville.ft.com/blog/2009/11/19/84221/goldilocks-still-popular-among-fund-managers-bofaml-says/

Gold Supply/Demand Statistics
http://www.research.gold.org/supply_demand/

John Paulsen Starts Gold Fund
http://ftalphaville.ft.com/blog/2009/11/19/84181/paulson-to-launch-gold-fund/

Hedge fund strategies ride out stock market fall
http://www.hedgefundsreview.com/hedge-funds-review/news/1562480/hedge-fund-strategies-ride-stock-market-fall

Private equity firms mull future as asset managers
http://www.reuters.com/article/rbssInvestmentTrusts/idUSLI13095720091118

Senator Dodd Says Overhaul Needed to Prevent ‘Staggering Greed’
http://www.bloomberg.com/apps/news?pid=20601087&sid=akyBzNfxOzgc&pos=8

Bailout program could be extended
http://www.washingtonpost.com/wp-dyn/content/article/2009/11/18/AR2009111803986.html

Banks face major commercial real estate storm
http://www.reuters.com/article/GlobalFinance09/idUSTRE5AH5FM20091118

CRE: A sector too tough to save
http://online.wsj.com/article/SB10001424052748704533904574543984032502904.html?mod=dist_smartbrief

Pathology of a Financial Crisis
http://dealbook.blogs.nytimes.com/2009/11/19/pathology-of-a-financial-crisis/

How US investors can play the carry trade
http://blogs.reuters.com/felix-salmon/2009/11/18/how-us-investors-can-play-the-carry-trade/

Great News: If You Didn't Panic, Your 401(K) Is Now Above Water
http://www.businessinsider.com/fidelity-staying-the-course-worked-for-millions-2009-11

Freefall In Small Business Loans
http://globaleconomicanalysis.blogspot.com/2009/11/freefall-in-small-business-loans.html

Winners and Losers of Longer Life Span
http://humblestudentofthemarkets.blogspot.com/2009/11/price-of-cheating-death.html

Return Free Risk MErger Arb
http://fridayinvegas.blogspot.com/2009/11/return-free-risk-merger-arb-anecdote.html

Everything you ever wanted to know about delta-hedging & options vs cash equities strategies:
http://www.thisisthegreenroom.com/2009/stock-is-more-efficient-than-options-are-more-efficient-than-stock/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+ThisIsTheGreenRoom+%28This+is+the+Green+Room%29

Jobless Benefits Will Expire Unless Congress Acts
http://www.nytimes.com/2009/11/19/us/19unemploy.html?_r=1

Noteworthy Financial Stories for November 18

Mobius Sees 40% BRIC Stocks Gain, Buy on ‘Violent Correction’
http://www.bloomberg.com/apps/news?pid=20603037&sid=aPqkOekSP21c

Paulson Bets Bank of America Will Almost Double by End of 2011
http://www.bloomberg.com/apps/news?pid=20601087&sid=aeQdno1OSTgA&pos=2

Housing Starts in the U.S. Unexpectedly Plunged in October
http://www.bloomberg.com/apps/news?pid=20601087&sid=akFBKuUGSnwk&pos=1

Low U.S. Stock Trading Volume Heralds More Gains, Analysts Say http://www.bloomberg.com/apps/news?pid=20601103&sid=a_K53e3EhY0g

The madness of the inflation hawks
http://krugman.blogs.nytimes.com/2009/11/16/the-madness-of-the-inflation-hawks/

More Love For Gold
http://www.breakingviews.com/2009/11/16/gold.aspx?sg=nytimes

A View Of Oil
http://ftalphaville.ft.com/blog/2009/11/18/84011/is-oil-about-to-have-a-physical-reality-check/

Goldman, Buffett Said to Plan Small-Business Help
http://www.bloomberg.com/apps/news?pid=20601087&sid=aZlvBl7eTiiA&pos=1

Private-Equity Funding Plunges 62% at Calpers Amid Fee Review
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a1Zm6rd4t2pc

ABC's Of Investing
http://finance.yahoo.com/tech-ticker/article/373611/ABC-Investing%3A-%22Anything-But-Cash%22-Keeps-Driving-Stocks-Higher

Carry Trade Has Created Asset Bubbles
http://www.minyanville.com/articles/suttmeier-carry-trade-economy-asset-bubbles-dollar-minyanville/index/a/25506/from/yahoo

The Dollar Is Burying Non-US Investors
http://www.minyanville.com/articles/us-dollar-foriegn-investors-negative-returns-euro-minyanville/index/a/25505/from/yahoo

CMBS Delinquencies Continue to Soar: Agency Reports
http://www.dsnews.com/articles/cmbs-delinquencies-continue-to-soar-agency-reports-2009-11-17

Commercial property optimism said to be boosting banks
http://www.cnbc.com/id/15840232?video=1334284149&play=1

'Buy the dips': The Wall St. cliche that has worked like a charm
http://latimesblogs.latimes.com/money_co/2009/11/stock-market-correction-buy-the-dips.html

Kass: The Quant Bubble
http://www.thestreet.com/story/10627813/1/kass-the-quant-bubble.html

Hedge-Fund Assets Increased $7.8 Billion in October
http://www.bloomberg.com/apps/news?pid=20601085&sid=aKPFjHjA8yu4

U.S. House plans jobs bill before year end
http://www.reuters.com/article/companyNewsAndPR/idUSN175421020091117

Noteworthy Financial Stories for November 17

Bernanke Signals ‘Extended’ Low-Rate Period May Become Longer
http://www.bloomberg.com/apps/news?pid=20601068&sid=a3BlApikRmTY

Meredith Whitney: Turns Bearish
http://www.cnbc.com/id/33974782

Can't Have Low Rates for Too Long: Fed's Yellen
http://www.cnbc.com/id/33986626

Gold Momentum's Picking Up Dramatically
http://www.theaureport.com/pub/na/3280

Abandon your dreams of a V-shaped recovery.
http://www.forbes.com/forbes/2009/1130/finance-recession-consumer-economy-financial-strategy.html

China Lambastes Dollar “Carry Trade,” Diverting Attention from Its Currency Manipulation
http://www.rgemonitor.com/us-monitor/257985/china_lambastes_dollar_carry_trade_diverting_attention_from_its_currency_manipulation

Is the market topping out? Technical and fundamental headwinds say yes
http://www.dailyfinance.com/2009/11/16/is-the-market-topping-out-some-technical-and-fundamental-headwi/


Fund of Funds Survey
http://hedgefund.net/publicnews/default.aspx?story=10618

IPOs Are Back. Should You Be Buying?
http://www.smartmoney.com/investing/stocks/ipos-are-back-now-what/

Gold at $5000?
http://www.telegraph.co.uk/finance/breakingviewscom/6587195/Gold-at-5000-an-ounce-Dont-disgard-it.html

Give Small Fund Shops a Chance
http://news.morningstar.com/articlenet/article.aspx?id=316311

Michael Panzner: Commercial Real Estate Is A "Tsunami Unfolding"
http://www.businessinsider.com/michael-panzner-commercial-real-estate-2009-11

Soros and Buffett Loving Wal-Mart
http://blogs.wsj.com/marketbeat/2009/11/17/buffett-soros-both-bought-wal-mart-in-the-second-quarter/

Can Another Meltdown Occur Amid the Flood of these Headlines?
http://www.marketwatch.com/story/the-next-meltdown-is-coming-in-2012-2009-11-17?pagenumber=1

To Rise, Inflation Faces an Uphill Climb
http://online.wsj.com/article/SB20001424052748704538404574540072321112120.html

Silverdome Sells for $583,000, Cost $55.7 Mln: DetNews.com Link
http://www.detnews.com/article/20091117/METRO/911170327/1411/METRO02/Silverdome-sale-price-disappoints

Noteworthy Financial Stories for November 16

Bernanke Says ‘Headwinds’ to Restrain Pace of Growth
http://www.bloomberg.com/apps/news?pid=20601087&sid=a.OWK7_xK90c&pos=2

Commercial real estate woes imperil US recovery
http://www.google.com/hostednews/afp/article/ALeqM5jEpoGr1RgJv_q_ixA3p5AlQvdhdA

Analysts: Regulators tolerating bad commercial loans
http://www.portfolio.com/industry-news/banking-finance/2009/11/16/regulators-complicit-in-slow-recovery/

Zell says commercial real estate has further to fall
http://online.barrons.com/article/SB125816502506348039.html

Slow Into Real Estate
http://www.forbes.com/2009/11/14/slatin-vornado-avalonbay-intelligent-investing-reit.html

Bernanke: Fed will keep eye on sliding dollar
http://www.businessweek.com/ap/financialnews/D9C0PAL00.htm

Highest P/Es Spur Bets on Canada-France-Spain Bargain (Update2)
http://www.bloomberg.com/apps/news?pid=20603037&sid=a1NqH6Ydlnxw

US Consumer Spending is Overblown Factor to Economy
http://ftalphaville.ft.com/blog/2009/11/16/83426/us-consumption-engine-of-growth-for-asia-merrill-says/

Small Banks More Vulnerable to CRE Downturn
http://ftalphaville.ft.com/blog/2009/11/16/83346/the-not-so-small-small-bank-cre-problem/

Paul Krugman's Take on US Dollar and China
http://www.nytimes.com/2009/11/16/opinion/16krugman.html?_r=2

Noriel Roubini Painting a Gloomier Job Market
http://www.creditwritedowns.com/2009/11/roubini-for-unemployment-the-worst-is-yet-to-come.html

Best Sectors For The Current Economic Cycle
http://www.marketwatch.com/story/five-market-sectors-for-the-next-six-months-2009-11-13

Bankruptcy Rise Slows With Thaw In Lending
http://online.wsj.com/article/SB125833287457849697.html?mod=googlenews_wsj

If history is any judge, the best of this bull market is likely behind us.
http://online.barrons.com/article/SB125838295464250481.html

Noteworthy Financial Stories for November 13

TIPS versus Married Put Options On S&P 500 Index Fund
http://blogs.reuters.com/felix-salmon/2009/11/13/two-safe-havens/

Companies are taking Advantage of Low Rates, even though they don't need the money
http://online.wsj.com/article/SB10001424052748703683804574533412571861256.html

Why Value Investing Works
http://greenbackd.com/2009/11/13/counterintuition/

Are ADP Shares the Bellwether for the Economy
http://blogs.wsj.com/economics/2009/11/12/another-adp-indicator-for-jobs-its-share-price/

Is Another Stimulus Package Coming?
http://www.calculatedriskblog.com/2009/11/next-stimulus-package.html

Bill Gross Says Value Diminishing in Credit Markets
http://www.bloomberg.com/apps/news?pid=20601087&sid=aUoosqZFkKlA&pos=3

Risks of Bubbles Surfacing in China
http://www.bloomberg.com/apps/news?pid=20601109&sid=awHX2QPENKgQ&pos=10

Royal Bank of Scotland's Concerns
http://articles.moneycentral.msn.com/Investing/SuperModels/markman-new-crisis-ahead-5-things-to-watch.aspx


The Next Shoe to Drop: Get Ready for the Next Million Layoffs
http://seekingalpha.com/article/173007-options-trader-thursday-outlook-get-ready-for-the-next-million-layoffs?source=hp_wc

Fed May Cause Next Crisis - Hong Kong's Tsang
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aU3AiTc_Q_vk

Wells Fargo: Did The Nation Overdose on Debt?
http://pragcap.com/must-read-did-the-nation-overdose-on-debt

Dave Rosenberg's Latest Commentary
http://blogs.reuters.com/rolfe-winkler/files/2009/11/rosie-11-13-09-2.pdf