NYT: In an Earlier Time of Boom and Bust, Rentals Also Gained Favor

THE APPRAISAL
In an Earlier Time of Boom and Bust, Rentals Also Gained Favor
By DIANE CARDWELL
Published: October 17, 2011

During the boom years in Manhattan real estate, credit was easy, speculators developed building after building to meet rising demand for apartments, and values kept climbing, fed by a flurry of resales. But then Wall Street plummeted and the housing market followed suit, as values deflated and apartment sales came to a standstill.

Algae eyed as biofuel, animal feed

http://www.gmanetwork.com/news/story/235619/scitech/algae-eyed-as-biofuel-animal-feed

Algae eyed as biofuel, animal feed
October 17, 2011 9:59am

The lowly algae may soon be a useful biofuel and a source of animal feeds but only if the agricultural and energy sectors focus their efforts on tapping it.

Bloomberg: Hedge Funds Add to Raw-Material Bets in Biggest Rally of 2011: Commodities

Hedge Funds Add to Raw-Material Bets in Biggest Rally of 2011: Commodities
By Whitney McFerron - 2011.10.16 06:19 PM

Speculators boosted their wagers on higher commodity prices for the first time in five weeks as increasing confidence that the global economy will avoid another recession spurred the biggest rally of the year.

USA Today: Low mortgage rates are nice if you can get 'em

USA Today: Low mortgage rates are nice if you can get 'em
By Diana Olick, CNBC.com
2011.10.15 08:07 AM

For weeks now we've been touting new record-low rates on 15- and 30-year fixed mortgages.

CNNMoney: Pimco's Bill Gross is betting with the Fed

Pimco's Bill Gross is betting with the Fed
By Hibah Yousuf October 15, 2011: 10:08 AM ET

NEW YORK (CNNMoney) -- Pimco's Bill Gross has already admitted that his bearish call on U.S. Treasuries earlier this year was a bad bet. Now it seems that the bond guru is taking his lead from the Federal Reserve.

Bloomberg: Pimco’s Gross Tells Clients 2011 a ‘Stinker’

Pimco’s Gross Tells Clients 2011 a ‘Stinker’
By Sree Vidya Bhaktavatsalam - 2011.10.15 05:01 AM

Bill Gross, manager of the world’s biggest mutual fund, sought to reassure clients that he hasn’t lost his touch after he misjudged the extent of the economic slowdown, causing his Pimco Total Return Fund to trail rivals this year.

Pike Research forecasts global biofuels market value to double to $185B by 2021

http://www.greencarcongress.com/2011/10/pikebiofuels-20111013.html

Pike Research forecasts global biofuels market value to double to $185B by 2021
13 October 2011

According to a new report from Pike Research, the increased production and consumption of biofuels will more than double the industry’s market value in the next decade. Pike forecasts that the global market for biofuels will increase from $82.7 billion in 2011 to $185.3 billion by 2021.

USA Today: Foreclosure notices rise in 3Q, but down from a year ago

Foreclosure notices rise in 3Q, but down from a year ago
By ALEX VEIGA, Associated Press
2011.10.13 03:18 AM

LOS ANGELES – More U.S. homes are entering the foreclosure process, but they're taking longer to be sold or repossessed by lenders.

CNNMoney: Foreclosures continue to plague housing market

Foreclosures continue to plague housing market
By Aaron Smith October 13, 2011: 5:41 AM ET

NEW YORK (CNNMoney) -- Foreclosures continued to plague the U.S. housing market last quarter, while a a growing backlog has caused the length of the foreclosure process to drag on and on.

WSJ: ECB Chief: Europe Is 'Epicenter' of Crisis

EUROPE NEWS OCTOBER 12, 2011
ECB Chief: Europe Is 'Epicenter' of Crisis
By WILLIAM LAUNDER And TOM FAIRLESS

FRANKFURT—European Central Bank President Jean-Claude Trichet warned Tuesday that the euro-zone crisis has "reached a systemic dimension" and said governments must swiftly push through fiscal reforms and coordinate a recapitalization of banks.