Sochi or bust – The Economist 02-01-14

Salient to Investors: The $50 billion Sochi Olympics is the largest construction project in Russia’s post-Soviet history and a microcosm of Russian corruption, inefficiencies, excesses of wealth and disregard for ordinary citizens. One member of the IOC thinks about a third of the $50 billion has been stolen. Russia is almost

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Investments: Short Junk & Government Bonds, Long Airlines & Russia – Jim Rogers Blog 01-20-14

Salient to Investors: Jim Rogers writes: Am short junk bonds as eventually the 30-yr bull market in bonds will end, if not ended already. Buying airlines. Investing in Russia. Read the full article at http://jimrogers-blog.blogspot.com/2014/01/investments-short-junk-government-bonds_20.html Click here to receive free and immediate email alerts of the latest forecasts.

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IMF Cuts Global Outlook, Warns of U.S. Default Threat – Bloomberg 10-08-13

Salient to Investors: The IMF said: Advanced economies are gradually strengthening while growth in emerging-market economies has slowed. The effects of any failure to repay US debt would be felt right away, leading to potentially major disruptions in financial markets, both in the US and abroad, though this has a

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A BRICS Bank Needs a Sense of Purpose to Succeed – Bloomberg 08-05-13

Salient to Investors: Jim O’Neil writes: In April, the BRICS said they would build their own development bank. Their difficulty in cooperating is simply because they are not very alike. Brazil, Russia, India and China are the world’s largest emerging economies, while China is bigger than all the others put together – China effectively

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BRIC Bust Seen in Emerging Market Discontent With Growth – Bloomberg 07-22-13

Salient to Investors: Stretched budgets and sluggish growth are putting emerging-market governments on a collision course with rising pressures from recently empowered middle classes for more spending and better services. Policy makers face the end to an era of abundant global liquidity that helped fuel the fastest expansion in three decades. The

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The Breakdown of the BRICs – Bloomberg Businessweek 07-12-13

Salient to Investors: In Q1 2013, BRIC bonds, currencies, and stocks fell together for the first time since 2006. Since 2003, the MSCI BRIC Index has returned 227 percent, but is down 17 percent in 2013 and trailing the S&P 500 by the most since 1998. The MSCI BRIC Index

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IMF Reduces Global Growth Outlook as U.S. Expansion Weakens – Bloomberg 07-09-13

Salient to Investors: The IMF said: Global growth will struggle to accelerate in 2013 as the US expansion weakens, China’s economy levels off, and Europe’s recession deepens. Global growth will be 3.1 percent in 2013, unchanged from 2012, and 3.8 percent in 2014. Developing economies will grow 5 percent in 2013,

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IMF Reduces Global Growth Projections as U.S. Expansion Weakens – Bloomberg 07-09-13

Salient to Investors: The IMF said: Global growth for 2013 will be unchanged at 3.1 percent as US growth slows to 1.7 percent in 2013 and 2.7 percent in 2014. Global growth will be 3.8 percent in 2014. Downside risks to global growth prospects still dominate, with the possibility of a longer

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