Salient to Investors: Vincent Reinhart at Morgan Stanley said: The US economy is on the verge of taking off even as the federal government shuts down. citing a pickup among leading indicators including the ISM factory index and homebuilder confidence. The economy’s resiliency in the face of broad federal spending
READ MORE... →Salient to Investors: Jim Rogers said throughout history, war caused food, energy, copper, lead etc to rise significantly. Read the full article at http://blogjimrogers.blogspot.com/2013/10/war-causes-food-energy-prices-to-go-up.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Ethan Harris at Bank of America said: The decline in the jobless rate in August to 7.3 percent was due to Americans giving up on finding work and is forcing the Fed to struggle with how to minimize it as a policy benchmark without damaging their credibility.
READ MORE... →Salient to Investors: Robert Bryce at the Manhattan Institute writes: Any transition away from our existing energy systems will be protracted and costly. Energy transitions occur over decades, even centuries. Coal use in the US is declining, but it is soaring in the developing world and booming in Europe. Global carbon
READ MORE... →Salient to Investors: Jeremy Grantham at GMO said: Commodity prices fell for a hundred years by an average of 70 percent, and then from 2002 basically everything tripled and regained the whole decline in 6 years – tobacco was the only commodity that fell. The game changed because of the
READ MORE... →Salient to Investors: Warren Buffett said: The Fed is the greatest hedge fund in history because of its ability to profit from bond purchases while accumulating a balance sheet of more than $3 trillion, probably generating $80 billion or $90 billion a year in revenue for the US government, not
READ MORE... →Salient to Investors: Katja Taipalus at the Bank of Finland said asset prices have been one of the main components as financial crises have built up, while bubbles have common characteristics. Taipalus said a bubble is people believing that prices will go up and that they can exit the market before it
READ MORE... →Salient to Investors: Jim Reid et al at Deutsche Bank said: Returns on 10-yr Treasury notes adjusted for inflation were an annualized 4.5 percent in the 100 years before the Fed and under 2 percent in the 100 years after the Fed was born in 1913, while the return on
READ MORE... →Salient to Investors: Mark Spindel at Potomac River Capital said Janet Yellen would welcome a little more inflation because of the costs of too-low inflation are high, but would not let inflation run away. Stephen Oliner at the American Enterprise Institute said Yellen has very little tolerance for inflation above
READ MORE... →Salient to Investors: In most countries, the population is ageing as people are living longer and having fewer children. A child born in 1960 could expect to live for 52 years, born today 69 years, by 2050 well over 70. In 1960, there were 33 births for every 1,000 people,
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