Salient to Investors: Michael Snyder writes: Global debt is at record highs, too big to fail banks have never been more reckless, and global financial markets have never been more primed for a collapse. Most people lack the patience to wait for long-term trends to play out so if the stock market is
READ MORE... →Salient to Investors: Carl Icahn said: BlackRock have fueled a bubble in the high-yield debt market through the sale of ETFs filled with risky bonds, akin to the banks selling billions of dollars of faulty subprime mortgage bonds in 2007. The ETFs offer the appearance of liquidity and make the high-yield bond
READ MORE... →Salient to Investors: Thomson Reuters said US junk bond funds had the biggest withdrawal last week since a record withdrawal during the first week of August, bringing the net amount redeemed in 2014 to $15.6 billion. Lipper said leveraged loans had their 12th straight week of outflows, bringing the total for
READ MORE... →Salient to Investors: David Tepper at Appaloosa Management said: P/E ratios for US stocks are not high and junk bonds are at the mid-point of fair value. The US economy is good. The end of the bond market rally started last month when the ECB unexpectedly cut interest rates and
READ MORE... →Salient to Investors: Global debt complacency is evidenced by investor enthusiasm for the debt of Ecuador, Clear Channel Communications, China’s Logan Property Holdings, Greece’s Hellenic Petroleum, Florida’s Orange County Industrial Development Authority. Japan’s Government Pension Investment Fund is even considering venturing into junk bonds. Almost any borrower is able to raise
READ MORE... →Salient to Investors: Jim Rogers writes: Am short junk bonds as eventually the 30-yr bull market in bonds will end, if not ended already. Buying airlines. Investing in Russia. Read the full article at http://jimrogers-blog.blogspot.com/2014/01/investments-short-junk-government-bonds_20.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Lewis Braham writes: Contrarian funds can be a hedge of sorts, though a potentially volatile one as out-of-favor sectors tend to be cyclical and prone to booms and busts. Shorting is inherently dangerous as markets have been trending higher. Brian Singer at William Blair Macro Allocation Fund
READ MORE... →Salient to Investors: Jim Rogers said: Agriculture will enjoy an extended boom,Very bullish about farmland and other agricultural products. Bearish on Wall Street brokers and Ivy League professors. The central corridor from north Texas up to the Dakotas has the highest growth rates in employment, income growth and savings in
READ MORE... →Salient to Investors: Gary Shilling writes: The fog remains thick, so reducing long positions in Treasury bonds and Japanese stocks and cut yen shorts, euro shorts and dollar long positions. Maintaining long positions in US defensive stocks like utilities and health care. Increased short position in junk bonds and initiated
READ MORE... →Salient to Investors: Jim Rogers says: At some point markets won’t take central bank policies anymore, and interest rates will rise regardless of QE. Market timing is tough. Short junk bonds. In any market, the marginal stuff goes first. Read the full article at http://www.jimrogers.info/search?updated-max=2013-06-25T04:00:00-05:00&max-results=5&start=5&by-date=false Click here to receive free and immediate
READ MORE... →