Salient to Investors: Jim Rogers writes: The oil and gas boom is not quite the boom that the press seems to think it is. Natural gas wells decline very quickly and reserves may not be what we thought. Oil wells decline at the rate of 38 to 69 percent in
READ MORE... →Salient to Investors: The Centre for European Policy Studies said: Trading houses active in multiple commodity markets have built up physical holdings through the use of financial leverage and easy access to financing, creating a possible systemic risk. The 10 largest trading houses had $1 trillion in revenue in 2011,
READ MORE... →Salient to Investors: Nouriel Roubini writes: Expect a decade ahead of very low economic growth in the US, Europe, Japan and other advanced economies, with rising unemployment and social and political unrest. Unstable disequilibrium, is the new abnormal. The economy was first anemic because of the financial crisis of too
READ MORE... →Salient to Investors: Mark Buchanan writes: Throw a dice: If you get a six, you win $10; if not, you lose $1. Over many gambles, your average profit works out to about 83 cents. However, if when you get six you win 10 times your total current wealth, but anything
READ MORE... →Salient to Investors: Bill Moyers said: The crisis of millions of working families falling into poverty is the defining story in the US in the last 30 years. The social contract has been shredded in the last 30 years. that amount actually The belief that if you work hard and play
READ MORE... →Salient to Investors: Caroline Baum writes: Productivity poses the biggest threat to jobs and wages, not immigrants. US expansions characterized by the strongest rebounds in productivity growth also witnessed the fastest pace of job creation – e.g. in 1970, 1975 and 1982. Duke University and UC Berkeley found that a quarter
READ MORE... →Salient to Investors: In January 1969, an ad for Careers Today magazine touted that America had reached the stage where for the first time in history, there are more jobs than people, that college grads were wading through endless job offers. By 1976, a relatively low 67 percent of college
READ MORE... →Salient to Investors: Nomura says: China, Hong Kong and India are in a high-risk danger zone because their monetary policies have stayed too loose over the past 4 years. The average ratio of domestic private debt to GDP across Asia had risen to 167 percent in 2012 and most of
READ MORE... →Salient to Investors: Lawrence Bowdish at American Military University says 66 percent of students borrow to attend college, and 31 percent of Americans age 25 or older hold bachelor’s degrees versus 5 percent in 1950. Bowdish said the supply of university slots has increased, but not enough to meet demand. Read the full
READ MORE... →Salient to Investors: Fareed Zakaria said: Africa has become the great hope of the business world. The World Bank says Africa could be on the verge of a take-off the like of China’s 30 years ago. Populations are stagnating or declining in Europe, Japan and China, while Africa’s population of 1
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