Midweek News 03 Aug

• August Seasonality. (The Big Picture)
  
• Meredith Whitney's take on Housing, Credit, and the Financials. (Zerohedge)
  
• Marc Faber's thoughts on China. (Zerohedge)
  
• Chinese humor on Sara Palin. (Trading for the Masses)
• SP valuation. (Seeking Alpha)
• JP Morgan's Commodities Unit Woes. (Bloomberg)
  
• Wheat: 1972 & 2010. (FT Alpha)
• Europe and Natural Gas. (The Oil Drum)