BRIC Dominance Fades as State Meddling Curbs Equity Returns – Bloomberg 12-31-12

Salient to Investors: John-Paul Smith at Deutsche Bank said stocks in the major developing markets will again lag global equities in 2013 – China has focused on increasing the pool of buyers for Chinese assets, rather than boosting the role of free markets and privately run companies in the broader economy. Smith prefers cash to BRIC

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Getting to $4 Trillion Will Take Some Courage – Bloomberg 11-22-12

Salient to Investors: William Pesek writes: Indonesian President Yudhoyono is emerging as a regional powerbroker, having exceeded just about everyone’s expectations, but has sometimes seemed content with the achievements of a half-finished agenda. The OECD praise for Southeast Asia emerging resilient from a period of global turmoil is really recognition of how far Indonesia

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Economy Has Green Shoots From China to U.S. as Data Surprise – Bloomberg 11-14-12

Salient to Investors: Stronger housing demand and hiring in the US and accelerating factory output and retail sales in China is providing international growth as Europe and Japan stagnate. Jim O’Neill at Goldman Sachs Asset Mgmt said improving China and the US is extremely good news. Tim Drayson at Legal & General Investment

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Viewpoints from Chairman Jim O’Neill – Goldman Sachs 11-09-12

Salient to Investors: Jim O’Neill writes: Nothing has materially changed by the US election and the Chinese leadership handover. The positive surprise in Korean exports in October indicates a pick up in world trade. Japan reported its first seasonally-adjusted current account deficit following other generally grim economic news. It is

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Korea Best in Asia on Investor Confidence in Economy – Bloomberg 10-31-12

Salient to Investors: South Korean growth in 2012 will beat Asia’s other wealthy nations.  The IMF forecasts South Korea’s economy will grow 2.7 percent in 2012 versus 2.2 percent in Japan, 1.8 percent in Hong Kong and 2.1 percent in Singapore. Samsung, whose annual sales are equivalent to 13 percent of GDP, makes almost a quarter

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Shift in Global Growth Engines Signals Gain After Pain – Bloomberg 10-07-12

Salient to Investors: Jim O’Neill at Goldman Sachs Asset Mgmt said when we come out the other side with a different structure, we should have a much stronger world economy. John Bilton at Bank of America Merrill Lynch sees a changing complexion in global growth, ending with a more balanced world economy longer-term. Bilton said this will

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Global Economy in Twilight Zone as Stocks Suggest Growth1 – Bloomberg 09-18-12

Salient to Investors: Joachim Fels at Morgan Stanley said: It won’t take much to tip the world into a global recession Central banks in Europe, China, U.K. and Japan will further ease, thereby supporting asset prices, preventing deflation, helping avert sovereign defaults and maintaining economic growth. Central banks on their own cannot bring a sustainable

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O’Neill Says He Would Consider Replacing BOE’s King If Asked – Bloomberg 06-22-12

Salient to Investors: Jim O’Neill at Goldman Sachs Asset Management said over the past decade or so, inflation targeting, has not been sufficient,  as great as it’s been for the U.K. O’Neill would add monitoring aspects of credit behavior and bank lending, and install a financial-conditions indicator as a warning sign. Read the full article

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Manufacturing Slump Deepens From Euro Area to China: Economy – Bloomberg 06-21-12

Salient to Investors: Euro-area manufacturing output shrank at the fastest pace in three years in June.  Chinese output gauge indicated contraction. Japan reported its first trade deficit with the EU since it began tracking data in 1979. Howard Archer at IHS Global Insight said the EU is dealing with serious tightening of fiscal policy

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