Salient to Investors: Gary Shilling at A. Gary Shilling & Co writes: Long-term India will emerge as the more significant global economy than China. About China: Much of its growth before 2008 came from a shift in global manufacturing from Europe and the US, and not by domestic-oriented activity. Its economy remains export-driven – consumers account
READ MORE... →Salient to Investors: Paul Krugman said to some extent we are hurt by Chinese growth since we compete for limited supplies of oil, minerals, etc. The U.S. needs to give China more of a voice in trade policy because the alternative is much less appealing. China is the largest polluter in
READ MORE... →Salient to Investors: The IMF said: the sharp run-up in house prices raises the risk of an abrupt decline. the property sector is the main domestic economic risk, though the odds of a slump that has major economic and financial consequences is fairly low near term. economic growth may rebound to 3 percent in
READ MORE... →Salient to Investors: Thomson Reuters reports Chinese acquisitions overseas is up 28 percent from the same period a year ago in dollar volumes versus a 2.8 percent global slump in M&A volume overall. André Loesekrug-Pietri at A Capital sees an acceleration but not an immediate flood of transactions. The real surge is likely to happen by
READ MORE... →Salient to Investors: Clive Crook writes: Even the most pessimistic analysts expect growth to fall to 3 percent or 4 percent a year. The underlying drivers of China’s growth remain strong. new payday loan lenders bad credit China’s stimulus program during the post-2008 global slowdown was a success, and China emerged the global
READ MORE... →Salient to Investors: David Rosenberg at Gluskin Sheff said: the economy is stuck in the mud and it will be a wageless recovery – the fiscal cliff would trigger a recession. Housing is bottoming out. and banking is on the mend and banks are more willing to lend money. likes gold-mining stocks and utilities, dividend-paying healthcare, utility and consumer-staples stocks. likes
READ MORE... →Salient to Investors: Mao Sheng at Huaxi Securities said investors see a clearer direction and roadmap for government reforms. The OECD said as many as 300 million people will move from the countryside to the cities by 2030. The proportion of China’s population in cities rose to 51 percent by the
READ MORE... →Salient to Investors: Robert Gates said: While ground forces will undoubtedly get smaller, we must not get fixed on the idea that high technology is the only answer to military challenges. “No matter how a war starts it always ends in mud” – General Stillwell WWII Pentagon bureaucracy is structured to plan for
READ MORE... →Salient to Investors: Joshua Shapiro at Maria Fiorini Ramirez the US economy will grow 1.5 percent in 2013. monetary policy is having a limited near-term impact on growth the $1 trillion U.S. fiscal deficit is an important drag on future expansion. adjustments that affect the economy are all very long-term and are
READ MORE... →Salient to Investors: Copper shortages will extend into half1 2013 due to an accelerating China more than doubling the pace of growth in global consumption even as mines extract a record amount of metal. Barclays predicts demand will outpace supply in half 1 2013 by more than all copper in LME warehouses, before a
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