Salient to Investors: Daniel Friedman at UC at Santa Cruz and author Daniel McNeill write: Bailouts suggests to most laypeople gifts to a giant, inefficient, highly connected octopus, but they are typically investments – loans or purchases. The US bailout of Chrysler made a $660 million profit and the nation
READ MORE... →Salient to Investors: Fareed Zakaria writes: The great American housing market is back. The American economy has again shown its core character of flexibility and resilience. The US is the only rich country in the world whose population is growing – by 3 million a year, mostly legal immigration. Americans
READ MORE... →Salient to Investors: The economic expansion shows signs of lasting almost twice as long as average, with few of the excesses that often presage the start of contractions – inflation is slowing, not quickening, household debt is shrinking, not expanding, and the labor market is slack, not tight. Robert Gordon
READ MORE... →Salient to Investors: The Italian higher-education system lets undergraduates linger on campus for years and retake final exams 6 times, and schools are disconnected from the economy and only recently opened campus career offices. No Italian schools, public or private, are in the top 200 in the Times Higher Education’s
READ MORE... →Salient to Investors: Bill Gross at Pimco said: The Fed will not taper with unemployment rising to 7.6 percent and very dire metrics for the average work week and wages, but a more normal economy requires the Fed to raise interest rates to more normal levels because QE and low interest rates are distorting capital
READ MORE... →Salient to Investors: David Stockman says: We are in serial bubbles. Greenspan and Bernanke have inflated bubbles for years by keeping interest rates low. A system of bubble finance is geared towards massive borrowing and speculation on leverage, everyone will do it – a gambler’s dream. Financial markets are full
READ MORE... →Salient to Investors: Traders, athletes, and real estate brokers have the highest earnings potential. Read the full article at http://www.bloomberg.com/visual-data/best-and-worst/most-earnings-potential-careers Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Fareed Zakaria said: The great American housing market is back as the Case-Shiller housing index showed its largest annual increase in prices in seven years, showing its core character: flexibility and resilience. The US is the only rich country whose population is growing, increasing by 3 million people every year,
READ MORE... →Salient to Investors: Jeffrey Hirsch at the Stock Trader’s Almanac writes: Three main seasonal and cyclical patterns have stood the test of time: the 4-year Presidential Election/Stock Market Cycle, the Best 6 Months Switching Strategy and January’s basket of indicators and trading strategies. Caveat. History never repeats itself exactly. 1.
READ MORE... →Salient to Investors: Stephen L. Carter at Yale writes: The law of unintended consequences rests on a deceptively simple insight: We cannot predict the future. There are always externalities, and it’s impossible to identify all of them in advance. Eli Whitney patented the cotton gin in 1794 which led to
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