Salient to Investors: Christine Lagarde at the IMF said: The global economic outlook is less positive than in April but is still in recovery, and improved from a year ago. IMF growth forecasts for Hong Kong have not changed. The financial crisis left more major scars and legacies that the
READ MORE... →Salient to Investors: Randy Bateman at Huntington Asset Advisors said investors have always relied on the Fed priming the pump, which ends this month so investors are moving focus to the many geopolitical situations and economic concerns. Economists forecast growth from Japan to China will slow every year through 2016. Tim Courtney at Exencial Wealth
READ MORE... →Salient to Investors: Marco Lambertini at The World Wildlife Foundation said: More than half of the world’s vertebrates have disappeared between 1970 and 2010, primarily due to exploitation (37%), habitat degradation (31%), habitat loss (13%), and global warming (7.1%). Meanwhile the human population has nearly doubled. Latin America’s biodiversity dropped 83%,
READ MORE... →Salient to Investors: Fareed Zakaria said: Destroying ISIS will take collaboration with Iran (which has far more influence than the US with the Iraqi government) which would have beneficial effects from Iraq to Syria to Afghanistan. While air strikes are usually successful, what usually follows is messy. The US cannot both destroy ISIS
READ MORE... →Salient to Investors: The resumption of growth in the US and UK is in stark contrast to the 25-yr yield curve for government bonds of the developed economies, which indicate government borrowing real costs of negative or zero for up to 25 years. The contradiction implies investors do not expect
READ MORE... →Salient to Investors: The slump in commodity prices to a 5-year low signals investors are cautious about the strength of the global economy. Brent crude touched a 2-year low last week and iron ore at Qingdao is the lowest since 2009. Economists expect China to grow 7.4% in 2014, the weakest
READ MORE... →Salient to Investors: JC O’Hara at FBN Securities said the spread between the Russell and S&P 500 is widening again and worrying traders who want to see small caps participate.” Jonathan Krinsky at MKM Partners sees a good chance of US equities declining modestly into early October, citing deteriorating breadth and seasonal weakness.
READ MORE... →Salient to Investors: Fareed Zakaria said the IMF says India and China were similar sized in the 1980s yet China has gone from 2% of global GDP to 16% in three decades. Zakaria said India is poor, has a young, vibrant population and an extraordinary private sector, but over-regulation strangles growth.
READ MORE... →Salient to Investors: The US Centers for Disease Control and Prevention said Ebola could spread to hundreds of thousands more people by the end of January, 2015, with a worst-case scenario at 550,000 or more infections assuming no additional aid or intervention by governments and relief agencies. UN envoy David
READ MORE... →Salient to Investors: Scott Minerd at Guggenheim Partners writes: The world is awash with liquidity and the promise of more easy money and QE in Europe bodes well for equities and bond prices. The recent high of the NYSE Advance-Decline Line is bullish. In Europe, negative deposit rates should encourage commercial banks
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