Salient to Investors: 5 of the 8 most accurate forecasters of the US economy in the two years ended in December 2012 were outside the US. International forecasters use methods based on tracking sales and factory reports and largely ignore public surveys of confidence. Joshua Shapiro at Maria Fiorini Ramirez consciously try to
READ MORE... →Salient to Investors: Pew Research Center said: 24.7 million millennial households have reduced the debt they owe on homes, cars and credit cards some 4 times faster than their elders, but college loans are an exception. Student loans more than doubled in the last decade for households led by those under 35
READ MORE... →Salient to Investors: Jim Rogers says: Central bank printing unlimited amounts of money is spreading even to Japan and Germany and Europe and has never been good for anyone. Printing money is artificial and ends eventually. Germany will have a lot of good news ahead so that Merkel can win
READ MORE... →Salient to Investors: An erosion of traditional Confucian values in Japan means fewer elderly are being cared for at home by relatives. Japan has the world’s highest proportion of retirees, and the lack of long-term care facilities means seniors increasingly risk living alone in ill-equipped homes or suffering abuse in the
READ MORE... →Salient to Investors: OMB predicts yields on 10-yr Treasuries will rise to average 4.1 percent in 2015 and 4.9 percent in 2017 as the economy expands at a 4 percent rate in half2 of Obama’s term. The bond market indicates the yield will average below 3 percent two years from now,
READ MORE... →Salient to Investors: Previous yen declines in the 1990s and early 2000s failed to pull Japan clear of 15 years of deflation. The IMF estimates that from From 1994 to 2003, Japan’s economy grew an average of 0.9 percent, a third of the pace of all advanced nations, and despite back-to-back
READ MORE... →Salient to Investors: Meghan O’Sullivan at Harvard writes: Many analysts anticipate North American energy independence by 2020, while our rising energy fortunes strongly counter the now-common global narrative that the US is in decline. Europe, China, Japan and other large economies face futures of ever-growing dependence on imported energy. montaukplayhouse.org/www/ The
READ MORE... →Salient to Investors: Caroline Baum writes: The Fed buys risk-free Treasury securities, depressing yields, while the public is goaded into buying riskier assets, such as stocks and corporate bonds. Businesses financing with equity have more money to invest, while consumers feel wealthier and spend. quick paydayloan The Fed hopes money will
READ MORE... →Salient to Investors: Richmond Fed researchers estimate that at the end of 2011, 57 percent of financial sector liabilities benefited from perceived government support, versus 45 percent over a decade ago. FRB of Richmond President Jeffrey Lacker said: The financial system was weakened further in 2007 and 2008 by an ambiguous rescue
READ MORE... →Salient to Investors: China surpassed the US to become the world’s biggest trading nation in 2012. Jim O’Neill at Goldman Sachs said China is becoming rapidly the most important bilateral trade partner for many countries – Germany may export twice as much to China by the end of the decade as it does
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