Obama-Congress U.S. Budget Battle Benefits From No Grand Bargain – Bloomberg 01-09-13

Salient to Investors: History shows that presidents’ most ambitious ventures often create as many problems as they solve. Barbara Perry at the University of Virginia said presidents act first and think later about the long-term consequences. best packages Obama’s long-run budget forecasts call for exploding deficits beyond the customary 10-year planning period

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No New Normal as Stocks to Bonds Rallied Like the 1990s – Bloomberg 01-06-13

Salient to Investors: Jay Schwister at Baird Advisors said Pimco underestimated how big the policy response would be and what type of positive impact it would have on financial markets, despite the new normal they forecast is playing out. Saumil Parikh at Pimco said policy distortions cannot continue indefinitely, so 2013

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U.S. on Pace for Slowest Decade of Population Growth Since 1930s – Bloomberg 12-30-12

Salient to Investors: At the current pace, the US population will grow by 7.3 percent during the decade, the lowest level since the 1930s. William Frey at Brookings said mountain states in the West were among the fastest-growing places. Read the full article at http://www.bloomberg.com/news/2012-12-31/u-s-on-pace-for-slowest-decade-of-population-growth-since-1930s.html. Click here to receive free email alerts of articles as soon as they

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Heirs of Mao’s Comrades Rise as New Capitalist Nobility – Bloomberg 12-26-12

Salient to Investors: China’s new elite class, known as princelings, is fueling public anger over unequal accumulation of wealth, unfair access to opportunity and exploitation of privilege. The Immortals’ grandchildren are players in private equity amid China’s integration into the global economy. 26 ran or held top positions in state- owned companies that dominate

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