Salient to Investors: A. Gary Shilling at A. Gary Shilling & Co. writes: Short stocks and commodities, go long the dollar and Treasuries – if stocks continue to decline, the safety of Treasuries and investment-grade bonds will outweigh concerns about the end of QE. World economies are growing slowly at
READ MORE... →Salient to Investors: Jim Rogers writes: Malaysia is making positive dramatic changes. All Asean countries are going in the right direction. Pay Day Direct Lenders When the huge currency turmoil comes, bet with the creditors and not the debtors. There is no such thing as a sound currency and no
READ MORE... →Salient to Investors: Jim Rogers says when we look back, Prime Minister Abe will have ruined Japan. Huge debt levels, horrible demographics, no immigration, a declining population and Abe saying he’ll ruin the currency. Japan is a disaster in the long-term, and not guaranteed to work in the short-term. Read
READ MORE... →Salient to Investors: Themistoklis Fiotakis at Goldman Sachs said to curtail widening current account deficits, the Turkish lira, South African rand and Indian rupee would need to depreciate 30 percent on a trade-weighted basis, while the Brazil real and Chile peso need to fall 20 percent. Fiotakis said the EM bond
READ MORE... →Salient to Investors: Takahiro Nakano at Mizuho Trust & Banking said Japanese stocks are falling amid risk aversion rather than going up on a weaker yen, and equities will have to rely on the drop in the yen after expectations about Japan’s growth strategy receded. Yutaka Miura at Mizuho Securities said low volume amplifies
READ MORE... →Salient to Investors: If there is a chance to rig benchmark rates in world markets, someone will try. Charles Geisst at Manhattan College said time and again all these markets have been influenced by major market-makers – a polite way of saying they have been rigged. Barclays, UBS, and RBS have been fined $2.5
READ MORE... →Salient to Investors: The euro has strengthened 4.6 percent in 2013, the most among 10 developed-market currencies, indicating revealing how far Draghi is falling behind in the foreign-exchange wars. The gain shows investors are confident that Draghi et al are doing enough to hold the euro region together, but threatens the ability
READ MORE... →Salient to Investors: Currency strategists from Barclays to Deutsche Bank are advising to sell the yuan as China growth slows and inflows slow as China demands lenders curb foreign-currency loans on concern companies may have exaggerated shipments to facilitate carry trades. Igor Arsenin et al at Barclays said policy makers will
READ MORE... →Salient to Investors: Jim Rogers said: When investing, don’t follow the crowd Most government numbers are made up. China has problems with housing and inflation as the US did in the 19th century when it was growing rapidly. Every country that grows rapidly has problems. The US had recessions and
READ MORE... →Salient to Investors: Eric Viloria at Gain Capital said expectations of QE tapering is positive for the US dollar because it means a slowing in the expansion of the Fed balance sheet. Alan Ruskin at Deutsche Bank said the tapering story is very much in play, and the employment data suggests
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