Salient to Investors: Ray Dalio at Bridgewater Associates said: 2013 will be a game changer for the economy as investors reallocate money – currently getting very bad returns – after risks including Europe’s sovereign debt crisis receded. Money will move into stocks and other assets, as well as into goods and services Central banks
READ MORE... →Salient to Investors: Laurentia Amica Darmawan at PT First State Investments Indonesia said the currency issue is the biggest risk factor in the foreseeable future for Asian companies, and will continue until we have clarity on how long global monetary easing will last. Credit Suisse lowered Turkish banks to neutral from
READ MORE... →Salient to Investors: Joseph Stuber writes: Stocks could reach the all-time high on the S&P of 1576 in 2013 driven by its momentum, but then the market will broadly sell-off to October 2011 lows of 1074. A correction to the 2009 low of 670 is possible on pure fundamentals, given
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: Phil Mause at Pacific Economics Group writes: Investors should buy up dividend stocks, business development companies (BDCs), REITs and other investments yielding more than bonds. A dividend stock led stock market could rise considerably – dips will be shallow as many investors will be waiting to get in.
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: Gold looks poor technically but its fundamentals of robust investment and central bank demand remain intact. Gold will be supported by the US political standoff about the debt ceiling and expectations of continual quantitative easing. A lack of trust regarding central bank gold reserves could lead to
READ MORE... →Salient to Investors: The push for weaker currencies is being driven by a need to find new sources of economic growth as monetary and fiscal policies run out of room. Chris Turner at ING said yesterday will go down as the first day European policy makers fired a shot in the
READ MORE... →Salient to Investors: Rob Haworth at US Bank Wealth Mgmt said 2012 saw much liquidating by hedge funds, but there’s an incentive to reverse that because of growth in emerging markets and especially China – it’s going to be a good year for commodities. The median economist expects China to accelerate for at
READ MORE... →Salient to Investors: The British pound advanced for the first time in 3 years against the dollar in 2012 and advance for the fourth year against the euro. The median analyst expects the pound to end 2013 at 79 pence per euro and at $1.60, and the 10-yr gilt yield to rise to 2.38
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