Salient to Investors: Ken Hasegawa at Newedge Group said we can be optimistic on the economic recovery and on China and the US, and the oil market is trending up. Hedge funds boosted bullish bets on US crude for a 6th consecutive week. Read the full article at http://www.bloomberg.com/news/2013-01-28/oil-trades-near-highest-level-in-four-months-on-economic-outlook.html Free email alerts of articles as soon
READ MORE... →Salient to Investors: Shane Brett at AllAboutAlpha writes: The long-term outlook for the US economy is broadly positive with housing stabilized, consumer confidence slowly returning, political instability solved by Obama’s decisive win, and as health spending increases under Obamacare. Cheap domestic energy will continue and the US will seriously expand
READ MORE... →Salient to Investors: The IMF said: The world economy will grow 3.5 percent in 2013 and 4.1 percent in 2014, versus 3.2 percent in 2012. The euro region will shrink 0.2 percent in 2013, led by Spain and slowing growth in Germany, and grow 1 percent in 2014. The euro region poses a
READ MORE... →Salient to Investors: Harry Fotopoulos writes: Market is in a bullish uptrend, led on increasing volume by economically sensitive sectors, small caps, and emerging markets. The market has confirmed a breakout, and not yet dramatically overbought. Expect a minor correction at any time. Look for gold to make another run
READ MORE... →Salient to Investors: North American energy companies are investing more in railroad terminals than the railroads themselves because swelling output has overwhelmed pipelines. Domestic crude at least 20 percent cheaper than imports. Rail is more expensive than pipelines but reaches into metropolitan areas like Los Angeles and Philadelphia, where new pipes are
READ MORE... →Salient to Investors: JPMorgan report that stocks have retraced the pattern from the last two big market rallies and now face a decline in 2013 of over 50%. Nouriel Roubini at NYU says there is a chance of an economic “perfect storm” in 2013 due to a worsening eurozone crisis,
READ MORE... →Salient to Investors: Bill Gross at Pimco said: Stocks and bonds will return less than 5 percent in 2013 due to a sluggish economy as the effect of Fed stimulus diminishes Structural headwinds lower real GDP to below 2 percent in the US and other developed nations. Bernanke is not Rumpelstiltskin and can
READ MORE... →Salient to Investors: Economists expect the 10-yr Treasury yield to end 2013 at 2.17 percent. Bill Gross at Pimco expects Treasury 5-yr notes to yield 0.7 percent at the end of 2013 versus 0.72 percent today, and the dollar to decline and oil climb above $100 in 2013. Gross expects stocks
READ MORE... →Salient to Investors: Bill O’Grady at Confluence Investment Mgmt said Boehner clearly is weakened as he couldn’t even deliver any tax increase, so we will go past Jan. 1 without an agreement – recession means $50 oil. The Thomson Reuters/University of Michigan consumer sentiment index decreased to 72.9, the weakest since
READ MORE... →Salient to Investors: California has a good chance of emerging as the nation’s top oil producer in the next decade. The EIA says the Monterey shale formation could hold 15.4 billion barrels of oil, or 64 percent of all estimated US shale oil reserves. Fracking has found trillions of cubic feet of gas and billions
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