Salient to Investors: Fareed Zakaria said: Radical Islam is the default ideology of anger, discontent and violent opposition for a small number of alienated young Muslim men around the world. Only Muslims and particularly Arabs can cure this cancer. In the 12 years between 9/12/01 and 2013, only 42 Americans
READ MORE... →Salient to Investors: HelpAge International said: Norway is the best of 96 countries to grow old in, followed by Sweden, Switzerland, Canada and Germany. Afghanistan is the worst. Australia, Western Europe and North America rank highly. By 2050, 21% of the global population will be over 60, when 40 of the 96
READ MORE... →Salient to Investors: JD Power said the average term of a light-vehicle loan in Canada is 69 months versus the peak of 72 months in Q3 2013. Canadians continue to buy big-ticket items and ignore warnings about unsustainable debt growth. Regina Malina at Equifax Canada sees little evidence Canadians are struggling to
READ MORE... →Salient to Investors: David Mericle and Jan Hatzius at Goldman Sachs said: US economic weaknesses are more cyclical than secular. US growth will rebound in 2014 to as high as 3.5 percent versus the 2.25 percent average recovery rate so far. The slow rate of recovery is in line with
READ MORE... →Salient to Investors: Kyohei Morita and Yuichiro Nagai at Barclays said: Abe’s policies can succeed even if wages don’t immediately accompany price increases, because 2.21 million people born between 1947 and 1949 are starting to retire and will become buyers rather than workers and savers, even as the total population declines.
READ MORE... →Salient to Investors: Michael Hsu at Ipsos says the share of Canadian households with debts greater than or equal to 250 percent of gross income reached a record 13.5 percent in 2012 then dropped to 11.4 percent in Q1 2013, though most of the debt is going into real estate
READ MORE... →Salient to Investors: Bank of Canada Governor Mark Carney said economic slack will persist for more than two years and monetary stimulus will continue for a period of time. Derek Holt at Bank of Nova Scotia said the shine has started to come off the Canadian economy, and policy makers are signaling aggressively they
READ MORE... →Salient to Investors: Canada, the 11th largest economy, is being hobbled by weak global demand. Avery Shenfeld at CIBC World Markets said the Canadian numbers show no silver lining whatsoever. Robert Kavcic at Bank of Montreal said as bad as the headline was, there was not much below the surface to make it better,
READ MORE... →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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