Fed Joining in Alarm Over Distortion It Enabled: Credit Markets – Bloomberg 02-11-13

Salient to Investors: FRB Governor Jeremy Stein sees a significant pattern of reaching-for-yield behavior emerging in corporate credit, which bodes ill for expected returns to junk bond and leveraged-loan investors. David Tawil at Maglan Capital said the bulls will continue to run despite the loud chorus that this is crazy because there’s nowhere else to put

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Paul Krugman: ‘Chinese Growth Is A Wonderful Human Success Story That Could Kill Us All’ – Huffington Post 12-12-12

Salient to Investors: Paul Krugman said to some extent we are hurt by Chinese growth since we compete for limited supplies of oil, minerals, etc. The U.S. needs to give China more of a voice in trade policy because the alternative is much less appealing. China is the largest polluter in

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Nassim Nicholas Taleb: The future will not be cool – Salon.com 12-01-12

Salient to Investors: Nassim Taleb writes:   (Excerpted from “Antifragile: Things That Gain From Disorder”) Imagining future technologies is unpredictable and won’t be the ones that make it. The futuristic projections made throughout the past 150 years by Jules Verne, H. G. Wells, George Orwell and other scientists and futurists are not tools

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U.S. Fiscal Cliff Could Lead Global Recession, OECD Says – 11-27-12

Salient to Investors: The OECD said: Failure to prevent the fiscal cliff would increase the risk of a global recession. The greatest threats to the world economy lie in the euro area, whose debt crisis urgently need fixing. Reducing the large federal budget deficit is necessary to restore fiscal sustainability, but should be done gradually

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