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Thursday, March 31, 2011

WSJ: Futures Mixed; Eyes On Economic Data

TODAY'S MARKETS|MARCH 31, 2011, 8:25 A.M. ET
Futures Mixed; Eyes On Economic Data

By SIMON KENNEDY

U.S. stock futures were mixed Thursday ahead of the first quarter's final trading session, as investors also eyed a packed economic schedule over the next two days.

Frankfurt Longs for 'Mainhatten' Era

COMMERCIAL REAL ESTATE
March 30, 2011

Frankfurt Longs for 'Mainhatten' Era
Office-Market Activity Begins to Return Financial Capital to Golden Age

By WILLIAM BOSTON | Special to the WSJ

Prime Frankfurt office-building values are still 20% below 2007 peak levels and vacancy rates continue to exceed 15%. But you would never know that from the amount of investment and development activity beginning to take place.

http://online.wsj.com/article/SB10001424052748703461504576230511567808374.html

Wednesday, March 30, 2011

Bloomberg: Bill Gross Says Treasuries Have Little Value, Echoing Buffett

Related News: Insurance · Europe · U.S. · Bonds · Currencies · Funds
Bill Gross Says Treasuries Have Little Value, Echoing Buffett
By Wes Goodman - Mar 31, 2011 12:33 PM GMT+0900

Bill Gross, who runs the world’s biggest bond fund at Pacific Investment Management Co., said Treasuries “have little value” because of the growing U.S. debt burden.

Bloomberg: JPMorgan’s Dimon Says U.S. Debt Default Would Be ‘Catastrophic’

JPMorgan’s Dimon Says U.S. Debt Default Would Be ‘Catastrophic’
By Rebecca Christie and Dawn Kopecki - Mar 31, 2011 7:36 AM GMT+0900

JPMorgan Chase & Co. (JPM) Chief Executive Officer Jamie Dimon said companies, insurance funds and investors would lose access to markets if the U.S. appears headed toward a default related to its debt limit.

Fee Scorecard for High-Yield Real Estate Funds

http://www.realert.com/ranks.php

Fee Scorecard for High-Yield Real Estate Funds

High-Yield Debt

WSJ: Portugal Hints at Deficit Revision

MARKETS|MARCH 30, 2011
Portugal Hints at Deficit Revision

By PATRICIA KOWSMANN

LISBON—Portugal's statistics agency said it plans to make "accounting changes" in a report to be submitted to the European Union's statistics agency by week's end, a revision that could indicate a wider 2010 budget deficit and which would further undermine the credibility of the country's embattled government.

Tuesday, March 29, 2011

Company Overview of Renshaw Bay

http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=128934879

Company Overview of Renshaw Bay

Snapshot

Company Overview
Renshaw Bay is a privately owned investment manager. The firm also provides advisory services to its clients. It primarily provides its services to funds and investment companies. The firm invests in the alternative investment markets. Renshaw Bay was founded in February 2011 and is based in London, United Kingdom.

S&P: Why CLO Market Performance Continues To Improve

Why CLO Market Performance Continues To Improve (00:08:45 min)

Performance in the collateralized loan obligation (CLO) market continues to improve, as evidenced by several positive factors. Notably, we upgraded over 30% of our CLO book in the last six to nine months. Of the CLO tranches that we rate -- roughly 4,400 -- only a few are rated 'CC' and below, and more upgrades are possible. For 2011, we expect CLO issuance of roughly $15 billion, and possibly $25 billion if significant improvement is sustained. In this podcast, Director Zachary Wolf provides an overview of CLO market activity thus far this year.

Listen

WSJ: S&P Downgrades Portugal, Greece

MARKETS|MARCH 29, 2011, 3:31 P.M. ET
S&P Downgrades Portugal, Greece

By GEOFFREY T. SMITH

LONDON—Rating agency Standard & Poor's on Tuesday delivered a damning verdict of the euro zone's new plans for resolving sovereign debt crises, downgrading two of the euro zone's most troubled member states.

CNN Money: Home prices near a double dip

Home prices near a double dip

By Les Christie, staff writer March 29, 2011: 10:51 AM ET

NEW YORK (CNNMoney) -- January home prices fell for the sixth month in a row, edging closer to a double dip.