Gold’s Cycle Seen Turned by Goldman Sachs as ETP Holdings Drop – Bloomberg 02-26-13

Salient to Investors: Damien Courvalin and Jeffrey Currie at Goldman Sachs said the cycle for gold prices, which rose for 12 straight years, has turned as the U.S. recovery gathers momentum and investment holdings collapse. Goldman lowered its 3-month target to $1,615, 6-month forecast to $1,600, and 12-month forecast to $1,550, and reversed its

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Bond Traders Whip Inflation Angst as India to Hungary Cut Rates – Bloomberg 02-12-13

Salient to Investors: Bond investors are lowering their outlook for inflation in developing markets to a 9-month low. Alessandro Bee at Bank Sarasin sees moderate growth compared to recent years, which should keep inflation in check and create a really nice environment for local bond markets. Bank of America said investors see

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Fed’s Dudley Sees Improving Global Economy Helping U.S – Bloomberg 02-01-13

Salient to Investors: William C. Dudley at FRB of New York said the international economy is gradually improving in a trend that benefits US growth. Dudley said Europe is considerably brighter as political support for fixing budgets is holding up, the ECB has provided a credible backstop, and it’s very clear countries want to

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IMF Cuts Forecast on Second Year of Europe Contraction – Bloomberg 01-23-13

Salient to Investors: The IMF said: The world economy will grow 3.5 percent in  2013 and 4.1 percent in 2014, versus 3.2 percent in 2012. The euro region will shrink 0.2 percent in 2013, led by Spain and slowing growth in Germany, and grow 1 percent in 2014. The euro region poses a

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German Factory Orders Slump the Most in a Year: Economy – Bloomberg 11-06-12

Salient to Investors: German factory orders fell for a second straight month and by the most since September 2011. Thomas Harjes at Barclays said today’s data are a catastrophe – the huge problem in the rest of the euro area seems to be reaching Germany and its labor market. Harjes said the economic outlook is gloomy for

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