Salient to Investors: The unemployment rate for veterans fell to a 4-yr low of 6.2 percent in April versus 6.9 percent for adult non-veterans. More than a million Americans are projected by the White House to transition out of the military through 2015. The Intl Franchise Assn said veteran-owned franchise
READ MORE... →Salient to Investors: Goldman Sachs study says: Bond investors do not perceive the 6 biggest US banks as too big to fail, including itself. The 6 banks have had an average funding-cost advantage over smaller competitors of 0.31 percent since 1999 – widest in the financial crisis and now an average 0.10
READ MORE... →Salient to Investors: Cass R. Sunstein at Harvard writes: The sheer number of executive-branch decisions increases substantially over time, increasing the likelihood that at least one of those decisions will turn out to be incorrect, inappropriate or worse. As time passes, the incumbent President becomes more likely than his predecessor to be held responsible
READ MORE... →Salient to Investors: More than half of the 20 municipalities with the fastest-growing populations between 2010 and 2012 were suburbs, meaning growing suburban communities will continue to get their share of the $400 billion in funds the federal government annually spends based on population data provided by the Census Bureau. Author James
READ MORE... →Salient to Investors: 11 percent of student loans were seriously delinquent – a record – in Q3 2012 versus 6 percent in Q1 2003. Almost 30 percent of 20 to 24-year-olds are not employed or in school. Jack Buckley at the National Center for Education Statistics said a college diploma
READ MORE... →Salient to Investors: IAEResearch writes: Warren Buffett will be gone soon but that does not imply that the company is in jeopardy because its strategy is more of a philosophy embedded firmly in value investing. Berkshire Hathaway has outperformed the S&P 500 by 10.3% on an annual compounded basis. To
READ MORE... →Salient to Investors: The Market Flash writes: The Quantity Theory of Money is under fire in academia because changes in technology and innovations by financial institutions have rendered the theory a less than complete view of the world – with important implications for investors from a macro point of view.
READ MORE... →Salient to Investors: Fareed Zakaria said: The fundamental rule of international relations is that as a country becomes powerful, others gang up to bring it down – viz the Habsburg Empire to Napoleonic France to Germany to the Soviet Union. The one great exception in modern history is the US,
READ MORE... →Salient to Investors: Scott Sumner at Bentley University writes: Europe is in recession because the ECB unknowingly wants a recession. By trying to hold the highly flawed CPI including oil and VAT well below 2% will inevitably produce the anemic NGDP growth that will inevitably produce recession. The wacky UK-style
READ MORE... →Salient to Investors: Ben Bernanke says: Between 1700 and 1970 worker productivity jumped 30 times, and in the last 50 years, life expectancy increased 8 years from 70 to 78, versus 53 years in 1913 when 60-hour work weeks at manufacturing jobs were the norm. In the long-run we will
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