Mapping Fallout From ‘Black Monday’: Who Was Hardest Hit? – Foreign Polict 08-24-15

Salient to Investors: Bill Bishop at Sinocism said: China’s stock market has historically been irrelevant both to the domestic Chinese economy and the global economy. China has tarnished its reputation with its bungled response to its stock market plunge. Damien Ma at the Paulson Institute said it is premature to conclude the

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Sentiment Building to Deport Nation’s Billionaires – The New Yorker 08-24-15

Salient to Investors: Andy Borowitz reports that the University of Minnesota’s Opinion Research Institute found that Americans hold US billionaires in the lowest ever esteem, and the majority would like to see them deported. Read the full article at http://www.newyorker.com/humor/borowitz-report/sentiment-building-to-deport-nations-billionaires Click here to receive free and immediate email alerts of the latest forecasts.

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China’s Stock Market Is Melting Down – and It’s Taking Markets Everywhere With It – Slate 08-24-15

Salient to Investors: China is primarily behind the apparent panic in the global economy. Recent Chinese economic data contradicts its official forecast of 7% growth. The Wall Street Journal says China could move to stimulate its economy by the end of August or in early September, as high technology and entrepreneurship

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Fareed Zakaria GPS – CNN 08-23-15

Salient to Investors: Fareed Zakaria said: The last time oil fell more than 50% in less than a year, in the 1980s, the Soviet Union collapsed. Saudi Arabia wants to put American shale and tight oil producers out of business, but they have survived using technology and smart business practices.

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Can Kickers United – Why It’s Getting Downright Hazardous Out There – David Stockman’s Contra Corner 08-22-15

Salient to Investors: David Stockman writes: The real danger comes from the official institutions who have lapsed into empty ritualism and contrivance while the global economy and financial system becomes more unstable by the day. No sane person would inject $95 billion of new debt into busted Greece, or consider another round of fiscal stimulus

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Advice After Stock Market Drop: Take Some Deep Breaths, and Don’t Do a Thing – The New York Times 08-21-15

Salient to Investors: Stocks are most useful for long-term goals so it does not make sense to change your investment strategy based on a blip (sic) of market activity. There is absolutely nothing abnormal going on in the market. Research shows that long-term portfolio performance suffers badly by missing just a few days

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This Week’s Market Sell-Off May Not Be Such a Bad Thing – The New York Times 08-21-15

Salient to Investors: The market drop this week looks more like a trivial downward bounce within a consistent range and a much-needed breather than a catastrophe in the making. Markets were priced for perfection in a world economy far from perfect.  $100 invested in stocks still buys only $5.59 in earnings, versus

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The S&P’s 13th Trip Thru 2100 Since February 13th: Call It Monetary Rigor Mortis – The Bull Is Dead – David Stockman’s Contra Corner 08-19-15

Salient to Investors: David Stockman writes: The bull market is dead, yet stock option addicted corporate executives are buying their own drastically over-priced shares hand-over-fist. Corporate stock buybacks and dividends are back to late 2007 levels of all of net income, lured by 80 months of ZIRP and $3.5 trillion of debt monetization by

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