China 3% Growth Risk Seen by Barclays Signals Likonomics Anxiety – Bloomberg 07-28-13

Salient to Investors: Sudakshina Unnikrishnan and Jian Chang at Barclays say should China’s growth dip to 3 percent in the next 3 years, copper would fall more than 60 percent, zinc by up to 50 percent, and oil to $70 a barrel. They cite risks of slowing industrial production and of financial stress due to debt of

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Pimco Bets on Bonds After Worst Run Since 1994: Australia Credit – Bloomberg 07-28-13

Salient to Investors: Adam Bowe at Pimco said: Australian bonds are attractive after their worst run of losses since 1994 because the central bank will need to lower interest rates as mining investment drops. Pimco prefers to hold Aussie government bonds and high-quality spread assets like swap in the belief that interest

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UBS’s Friedman Favors U.S. Stocks, High-Yield Bonds – Bloomberg 06-28-13

Salient to Investors: Alexander Friedman at UBS says: What Fed has done is not unexpected and the market reacted because it was ahead of itself. All the Fed was saying was that the US is doing OK, that the data is trending as it should, and that it has confidence

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China Poses Global Growth Risk as Li Squeezes Credit – Bloomberg 06-21-13

Salient to Investors: Shane Oliver at AMP Capital Investors said he was not worried until this week because things are much different in China than expected and potentially pose risks for global growth. Oliver said we relied on the Fed and China so much over the last few years that

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Pimco Wary on Junk Debt in Asia as Slowdown Hurts Profits – Bloomberg 05-11-13

Salient to Investors: Tomoya Masanao at Pimco said: Investors should be wary of high-yield borrowers as slowing growth in Asia threatens profitability. China will average 6 percent to 7.5 percent annual growth during the next 5 years versus 9 percent annual for the past 5. Companies in Asia outside Japan almost tripled junk bond sales

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Emerging Stocks Decline to Three-Week Low as Samsung, Kia Tumble – Bloomberg 01-25-13

Salient to Investors: Laurentia Amica Darmawan at PT First State Investments Indonesia said the currency issue is the biggest risk factor in the foreseeable future for Asian companies, and will continue until we have clarity on how long global monetary easing will last. Credit Suisse lowered Turkish banks to neutral from

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The Global Economy In 2013: 5 Key Economic Trends? – Seeking Alpha 01-23-13

Salient to Investors: Shane Brett at AllAboutAlpha writes: The long-term outlook for the US economy is broadly positive with housing stabilized, consumer confidence slowly returning, political instability solved by Obama’s decisive win, and as health spending increases under Obamacare. Cheap domestic energy will continue and the US will seriously expand

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Australians Priced Out of Dream Swap Backyards for Balconies – Bloomberg 01-14-13

Salient to Investors: Sydney is the most unaffordable housing market in the English-speaking world. Demographia report Australian homes cost 6.7 times the gross annual median household income in Q3 2011 versus 3.1 times in the US and 5 times in the UK. Apartment ownership is rising as more are being buyers priced out of the

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