Salient to Investors: Fareed Zakaria said: Unlike in the rest of Europe or much of the world, the overall picture in Germany is quite rosy with unemployment is at a two-decade low, the DAX at record highs, economic sentiment at a 3-year high, and growth returning. Merkel has taken important
READ MORE... →Salient to Investors: Jim Rogers writes: Be careful about what governments tell us. Germans, supposedly hardworking and disciplined, were found to be making up numbers related to job creation. Read the full article at http://blogjimrogers.blogspot.com/2013/09/germans-who-were-supposed-to-be_9688.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: The 90-day correlation between changes in the euro and a Citigroup index of bond and swaps risk has turned positive for the first time since November 2008, indicating the euro is gaining favor as investors’ perceptions of turmoil in financial markets rises. Hedge funds et al are
READ MORE... →Salient to Investors: The OECD said: Germany will expand 0.7 percent in 2013 versus 0.4 percent predicted in May France will grow 0.3 percent in 2013 versus shrinking previously predicted of 0.3 percent The UK will grow 1.5 percent in 2013 versus 0.8 percent predicted in May. In the euro area, re-balancing
READ MORE... →Salient to Investors: The IMF said: Global growth will struggle to accelerate in 2013 as the US expansion weakens, China’s economy levels off, and Europe’s recession deepens. Global growth will be 3.1 percent in 2013, unchanged from 2012, and 3.8 percent in 2014. Developing economies will grow 5 percent in 2013,
READ MORE... →Salient to Investors: The IMF said: Global growth for 2013 will be unchanged at 3.1 percent as US growth slows to 1.7 percent in 2013 and 2.7 percent in 2014. Global growth will be 3.8 percent in 2014. Downside risks to global growth prospects still dominate, with the possibility of a longer
READ MORE... →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
READ MORE... →Salient to Investors: Jim O’Neill writes: The rising success of German soccer clubs seems to say something about backbone and deep strength. Germany’s economic resilience owes much to the diffusion of its strength across a strikingly diverse range of big cities, uncommon in the rest of Europe. German soccer clubs have
READ MORE... →Salient to Investors: Fareed Zakaria said: A recent Pew survey found that only 51 percent of Americans think it’s essential to act on immigration reform this year, versus 70 percent who demand a deficit reduction deal this year, despite the wealth of data that shows that immigration reform will lead
READ MORE... →Salient to Investors: The IMF says: The global economy will expand 3.3 percent in 2013 versus its 3.5 percent forecast in January, and 4 percent in 2014. The euro area will contract 0.3 percent in 2013 versus its forecast of a 0.2 percent retreat in January. Expect a 3-speed recovery led by emerging
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