No New Normal as Stocks to Bonds Rallied Like the 1990s – Bloomberg 01-06-13

Salient to Investors: Jay Schwister at Baird Advisors said Pimco underestimated how big the policy response would be and what type of positive impact it would have on financial markets, despite the new normal they forecast is playing out. Saumil Parikh at Pimco said policy distortions cannot continue indefinitely, so 2013

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Pimco’s Gross Savors Free Lunch as Peso Bonds Beat Stocks – Bloomberg 12-24-12

Salient to Investors: Foreign investors poured a record $7.36 billion into Mexican debt securities in 2012 to take advantage of economic growth that is four times Brazil’s and yields that are still triple those for US Treasuries. Luis de la Cerda at Afore Sura said foreigners won’t leave the bonds and are here

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Hedge Funds Reduce Bullish Bets by Most in a Month – Bloomberg 12-17-12

Salient to Investors: John Stephenson at First Asset Investment Mgmt said the Fed basically admitted that they don’t have what it takes to deal with the fiscal cliff, and it dimmed the idea that unlimited money printing will help commodities. Saumil Parikh at Pimco said global growth will slow to near stall speed in 2013

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Pimco Sees Global Growth Slowing After U.S. Tightening – Bloomberg 12-11-12

Salient to Investors: Saumil Parikh at Pimco said: Global growth will slow to 1.3 percent to 1.8 percent from 2 percent in 2012 as the private sector isn’t healthy enough to step in and extend credit amid deleveraging. The average economist expects growth of 2.5 percent in 2013. Central banks are effective

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Mexico Peso Worst-From-First Slide Means U.S. Slump: Currencies – Bloomberg 11-12-12

Salient to Investors: The Mexican peso has gone from the world’s strongest major currency to the weakest amid growing investor concern US demand will diminish. X-Trade Brokers Dom Maklerski expects another 3.9 percent depreciation by September and Bank of Nova Scotia recommends selling the peso. Futures traders are cutting bullish bets at

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