OECD Forecasts Global Economy to Recover Next Year: Economy – Bloomberg 05-29-13

Salient to Investors: Pier Carlo Padoan at OECD said: Global economic growth will accelerate at multiple speeds in 2014 with both the US and Japan continuing to outpace the euro area. Rising unemployment is the most pressing challenge and euro countries with trade surpluses such as Germany need to allow wages to rise Reform fatigue is mounting

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European Stocks Fall on Concern Fed Will Pare Stimulus – Bloomberg 05-29-13

Salient to Investors: Kevin Adams at Henderson Global Investors said his biggest worry is that central banks will lose their credibility, and that the Fed will lose the faith of investors. The International Monetary Fund lowered its forecasts for China’s growth to 7.75 percent in 2103 and 2014. Read the full article at  http://www.bloomberg.com/news/2013-05-29/european-stock-index-futures-decline-after-two-day-rally.html Click here to

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China Stocks Drop Most in Month on Manufacturing, Japan Selloff – Bloomberg 05-23-13

Salient to Investors: Wu Kan at Dazhong Insurance said investors are avoiding stocks related to traditional manufacturing industries, while the selloff in Japan has spread risk-off sentiment across the region. The Shanghai Composite is at 9.3 times 12-month estimated earnings versus a 7-yr average of 15.7 times. Ken Peng at BNP Paribas said the

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