Links: S&P Target, CRE, Soros, Ackman, Hong Kong Dollar, French Banks, European Debt

Commercial Real Estate Verses Bonds (Charts: 10-year treasury, AAA, BAA corporate bond yields vs. Core Cap Rate and cap rate spreads vs. bond yields ) - CREconsole <-interesting chart comparable
Hong Kong Dollar (Wikipedia)

Ackman Bets Hong Kong Dollar to Appreciate - Bloomberg

The Ackman Trade: Reactions - NetNet

Goldman Cuts 2011 S&P Price Target From 1400 To 1250 - Zero Hedge

Markets Would Rally if Greece Defaults, Blain Says - Bloomberg Video

Risk of second recession rising in developed economies - Reuters

China Willing to Buy Bonds From Crisis Nations: Zhang - Bloomberg

China Safe From Defaults: Merchants Bank President - Bloomberg

Does the Euro Have a Future? by George Soros (on a "common European Treasury") - New York Review of Books

Goldman: EU Debt Woes Raising Risk to Commodities Outlook - Reuters at CNBC

World Bank chief says world economy in danger zone (Robert Zoellick) - Reuters

Julian Robertston on CNBC: Greece Will Default "Macro Is So Bad Everywhere " - PragCap

Moody's downgrades Credit Agricole SA’s long-term ratings to Aa2 on Greek exposures, ratings remain on review to consider impact of funding challenges on Credit Profile - Moody's

Moody's downgrades Societe Generale long-term ratings to Aa3 on normalised systemic support, Outlook negative, BFSR remains on review to consider impact of funding challenges on credit profile - Moody's

Limits to Keynesianism -