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: Emerging-market gloom is overdone. I disagree with the view that as the US recovers, the global cost of capital will rise, holding back investment, that avoiding the next crisis is the best that most emerging economies can do. India could teach the pessimists a lesson. India
READ MORE... →Salient to Investors: Jim Rogers said: When investing, don’t follow the crowd Most government numbers are made up. China has problems with housing and inflation as the US did in the 19th century when it was growing rapidly. Every country that grows rapidly has problems. The US had recessions and
READ MORE... →Salient to Investors: Jim O’Neill said: The US is returning to normality so expect 10-yr T-yields to rise toward 4 percent in the next couple of years as the 30-year bull market in bonds comes to an end. There will be quite ugly days. The global economy is in the early stages of
READ MORE... →Salient to Investors: Franklin Templeton Asset Mgmt (India) and Nomura Asset Mgmt predict rupee bonds will extend the longest run of gains in more than a decade as inflation below 5 percent adds room for interest-rate cuts. Nomura says easing price pressures will allow India to add to the most aggressive
READ MORE... →Salient to Investors: The loss of water rights to heavy industry, the worst drought in four decades and the rise in debt that follows is causing farmers to take their own lives – more than 2,200 farmers in India committed suicide in the past 4 years. Mandar Sathe at Prayas said a
READ MORE... →Salient to Investors: Ben Bernanke says: Between 1700 and 1970 worker productivity jumped 30 times, and in the last 50 years, life expectancy increased 8 years from 70 to 78, versus 53 years in 1913 when 60-hour work weeks at manufacturing jobs were the norm. In the long-run we will
READ MORE... →Salient to Investors: Fareed Zakaria said: The World Bank says that in 1981 nearly half the world’s citizens were poor, while today, less than a fifth lives in poverty – from 2 billion to 1.2 billion people. Chinese poor declined by nearly 680 million people in the last three decades,
READ MORE... →Salient to Investors: Gold at the lowest price in 2 years on April 16, is triggering a frenzy among coin and jewelry buyers from the US to India, China and Australia. Mark Pervan at Australia & NZ Banking said gold may rise to $1,550 within 6 months on physical and investment demand. The Akshaya
READ MORE... →Salient to Investors: Foreigners bought $292.1 million more of Indian stocks than they sold last week, the most since the period ended March 15. Net inflows in 2013 are $10.6 billion, the second-largest amount among 10 Asian markets tracked by Bloomberg, behind Japan. James Thom at Aberdeen Asset Mgmt said India
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