std::ostringstream printing the address of the c-string instead of its content

The expressionstd::ostringstream() creates a temporary, and operator<< which takes const char* as argument is a free function, but this free function cannot be called on a temporary, as the type of the first parameter of the function is std::ostream& which cannot be bound to temporary object.

Having said that, <<std::ostringstream() << "some data" resolves to a call to a member function which is overloaded for void* which prints the address. Note that a member function can be invoked on the temporary.

In order to call the free function, you need to convert temporary (which is rvalue) into a lvalue, and here is one trick that you can do:

 std::cout << "Inline        : "
            << dynamic_cast<std::ostringstream&>(
                 std::ostringstream().flush() << "some data"
               ).str()
            << "\n";

That is, std::ostringstream().flush() returns std::ostream& which means, now the free function can called, passing the returned reference as first argument.

Also, you don't need to use dynamic_cast here (which is slow, as it is done at runtime), for the type of the object is pretty much known, and so you can use static_cast (which is fast as it is done at compile-time):

 std::cout << "Inline        : "
            << static_cast<std::ostringstream&>(
                 std::ostringstream().flush() << "some data"
               ).str()
            << "\n";

which should work just fine.

A temporary cannot bind to a reference to non-const formal argument.

Therefore, the non-member << is not picked up.

You get the void* version instead.

C++11 fixes this by adding a non-member rvalue stream inserter function,

C++11
§27.7.3.9 Rvalue stream insertion
[ostream.rvalue]
template <class charT, class traits, class T>
basic_ostream<charT, traits>&
operator<<(basic_ostream<charT, traits>&& os, const T& x);
1 Effects: os << x
2 Returns: os

To get the started, the simplest solution is to get the list of possible overloads that the compiler considered, for example trying this:

X x;
std::cout << x << "\n";

where X is a type without any overload for streaming which yields the following list of possible overloads:

prog.cpp: In function ‘int main()’:
prog.cpp:21: error: no match for ‘operator<<’ in ‘std::cout << x’
include/ostream:112: note: candidates are: std::ostream& std::ostream::operator<<(std::ostream& (*)(std::ostream&))
include/ostream:121: note:                 std::ostream& std::ostream::operator<<(std::basic_ios<_CharT, _Traits>& (*)(std::basic_ios<_CharT, _Traits>&))
include/ostream:131: note:                 std::ostream& std::ostream::operator<<(std::ios_base& (*)(std::ios_base&))
include/ostream:169: note:                 std::ostream& std::ostream::operator<<(long int)
include/ostream:173: note:                 std::ostream& std::ostream::operator<<(long unsigned int)
include/ostream:177: note:                 std::ostream& std::ostream::operator<<(bool)
include/bits/ostream.tcc:97: note:         std::ostream& std::ostream::operator<<(short int)
include/ostream:184: note:                 std::ostream& std::ostream::operator<<(short unsigned int)
include/bits/ostream.tcc:111: note:        std::ostream& std::ostream::operator<<(int)
include/ostream:195: note:                 std::ostream& std::ostream::operator<<(unsigned int)
include/ostream:204: note:                 std::ostream& std::ostream::operator<<(long long int)
include/ostream:208: note:                 std::ostream& std::ostream::operator<<(long long unsigned int)
include/ostream:213: note:                 std::ostream& std::ostream::operator<<(double)
include/ostream:217: note:                 std::ostream& std::ostream::operator<<(float)
include/ostream:225: note:                 std::ostream& std::ostream::operator<<(long double)
include/ostream:229: note:                 std::ostream& std::ostream::operator<<(const void*)
include/bits/ostream.tcc:125: note:        std::ostream& std::ostream::operator<<(std::basic_streambuf<_CharT, _Traits>*)

First scanning this list, we can remark that char const* is conspiscuously absent, and therefore it is logical that void const* will be selected instead and thus the address printed.

On a second glance, we note that all overloads are methods, and that not a single free function appears here.

The issue is a problem of reference binding: because a temporary cannot bind to a reference to non-const, overloads of the form std::ostream& operator<<(std::ostream&,X) are rejected outright and only member functions remain.

It is, as far as I am concerned, a design bug in C++, after all we are executing a mutating member function on a temporary, and this requires a (hidden) reference to the object :x

The workaround, once you understood what went awry, is relatively simple and only requires a small wrapper:

struct Streamliner {
  template <typename T>
  Streamliner& operator<<(T const& t) {
    _stream << t;
    return *this;
  }

  std::string str() const { return _stream.str(); }
  std::ostringstream _stream;
};

std::cout << "Inline, take 2: " << (Streamliner() << "some data").str() << "\n";

Which prints the expected result.