Salient to Investors: Noah Weisberger at Goldman Sachs said: The Hang Seng China Enterprises Index will rise 18 percent to 13,600 by the end of 2014, the biggest gain since a rise of 62 percent in 2009, on prospects the economy will stabilize. Commodities will lag the rally in equities.
READ MORE... →Salient to Investors: Bill O’Neill at UBS Wealth Mgmt said the story is still the combination of easy money policies and expectations of growth into 2014 and that growth is on the horizon. The Investment Companies Institute reports individual investors gave $30 billion to managers in 2013, the first net
READ MORE... →Salient to Investors: History suggests the commodity slump will deepen by the end of December as prices head for their first annual loss since 2008. Since 1971, the S&P GSCI Spot Index fell in December 83 percent of the time whenever it was losing for the year through November. EPFR
READ MORE... →Salient to Investors: David Cui at Bank of America said China’s stocks may come under selling pressure within weeks just as surging borrowing costs preceded tumbling markets in 2010-2011, saying the crackdown on lending is different from a tightening in response to strong economic growth, often a positive sign for
READ MORE... →Salient to Investors: David Kostin at Goldman Sachs said: The S&P 500 will fall 10 percent in the next 12 months before rebounding to end 2014 at 1,900, end 2015 at 2,100 and end 2016 at 2,200. The overall market should rise because the US economy will be getting better.
READ MORE... →Salient to Investors: Goldman Sachs expects the Reserve Bank of India to raise the policy interest rate to 8.5 percent in 2014 from 7.75 percent. Radhika Rao at DBS Bank said Indian growth will remain in low gear, with the odds of expenditure restraint high given India has to prevent
READ MORE... →Salient to Investors: Amanda Schneider at Goldman Sachs said that more than half of the 50 favorite short positions of the major hedge funds have outperformed the S&P 500 year so far this year, and 5 have returned over 100%. The top 25 stocks on the Goldman list based on
READ MORE... →Salient to Investors: Bloomberg New Energy Finance says peak fossil fuels demand could happen in 2030 – the point when humans stop increasing their annual burn, either because the environmental danger makes it too costly or because buildings and cars run more efficiently. Oil and coal companies worth more than
READ MORE... →Salient to Investors: Barclays and Credit Suisse are predicting lower commodity prices as supplies increase. Dan Heckman at US Bank Wealth Mgmt said the US economy is showing ample signs of growing, and so the Fed will start looking at tapering by early next year. Heckman is underweight on commodities
READ MORE... →Salient to Investors: Lloyd Blankfein at Goldman Sachs said the US is the brightest spot in the global economy: US recovery is shallow but established. Blankfein said globally we will muddle through. Will Tseng at Mirae Asset Global Investments said US growth is moderate, but better than Europe or Japan.
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