Salient to Investors: Jeremy Grantham said: The biggest issue we face is deterioration of the environment, particularly climate damage. In the US, the biggest problem is coal and tar sands. If we burn half or more of the coal and tar sands in two areas in North America, there is
READ MORE... →Salient to Investors: Jim Rogers says every major central bank is printing money and you cannot have an efficient and strong economy with artificial money printing. The next economic slowdown will be worse than 2008-2009. Read the full article at http://blogjimrogers.blogspot.com/2013/08/the-world-is-floating-on-very-large.html Click here to receive free and immediate email alerts of the latest
READ MORE... →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
READ MORE... →Salient to Investors: Gail Whiteman at Erasmus University and other scientists say that the release of large amounts of methane from thawing permafrost in the Arctic could cost $60 trillion, or roughly the size of the global economy in 2012, with impacts most likely to be felt in developing countries, which are more
READ MORE... →Salient to Investors: Stretched budgets and sluggish growth are putting emerging-market governments on a collision course with rising pressures from recently empowered middle classes for more spending and better services. Policy makers face the end to an era of abundant global liquidity that helped fuel the fastest expansion in three decades. The
READ MORE... →Salient to Investors: Christine Lagarde at the IMF said a US court ruling against Argentina over its defaulted debt could have detrimental consequences for global financial stability, by bolstering the power of minority bondholders in future debt restructurings and hurt the IMF’s mandate to maintain financial stability in the world.
READ MORE... →Salient to Investors: Nouriel Roubini writes: We have entered the ‘New Abnormal’ so investors should be prepared to be surprised – nothing has really come to rest. Read the full article at http://drnourielroubini.blogspot.com/2013/07/be-sure-your-seat-belt-is-securely.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Ioan Smith at KCG Europe said Bernanke in the end said nothing new. Henk Potts at Barclays continue to believe the US will lead the global economic recovery, saying the US corporate picture remains incredibly bright and recommends investors be overweight equities. Read the full article at http://www.bloomberg.com/news/2013-07-19/european-stocks-rally-for-fourth-week-on-china-bernanke.html
READ MORE... →Salient to Investors: Pankaj Mishra writes: The proliferation of street protests around the world seems to have nothing in common. But why all now? The most common claim is that they are fueled by the rising expectations of a middle class demanding clean, transparent governance, but what kind of democracy
READ MORE... →Salient to Investors: Alexander Friedman at UBS and Kiran Ganesh at UBS Wealth Mgmt write: The dollar’s role as the de facto global currency for more than 6 decades has made Fed monetary policy one of the US’s greatest exports. Up to 60 percent of global transactions are conducted in US dollars, over
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