Salient to Investors: Jim Rogers says: Central bank printing unlimited amounts of money is spreading even to Japan and Germany and Europe and has never been good for anyone. Printing money is artificial and ends eventually. Germany will have a lot of good news ahead so that Merkel can win
READ MORE... →Salient to Investors: Junk bonds of companies in emerging markets are the most expensive in 7 years relative to the US, raising concerns the threat of asset bubbles is increasing. Emerging market businesses have been adding debt even as profit growth slows and borrowing costs stop tumbling. JPMorgan said funds investing in
READ MORE... →Salient to Investors: An erosion of traditional Confucian values in Japan means fewer elderly are being cared for at home by relatives. Japan has the world’s highest proportion of retirees, and the lack of long-term care facilities means seniors increasingly risk living alone in ill-equipped homes or suffering abuse in the
READ MORE... →Salient to Investors: OMB predicts yields on 10-yr Treasuries will rise to average 4.1 percent in 2015 and 4.9 percent in 2017 as the economy expands at a 4 percent rate in half2 of Obama’s term. The bond market indicates the yield will average below 3 percent two years from now,
READ MORE... →Salient to Investors: Salman Niaz at Goldman Sachs Asset Mgmt said: Macau casino bonds will withstand any crackdown aimed at cleaning up the industry. Previous cooling and policy measures have generally been positive to the long-term health of the market, and the high free-cash flow generated by operators and limited leverage
READ MORE... →Salient to Investors: The Shanghai index is at 13.4 times reported earnings, the highest level since September 2011, and its 14-day relative strength index was at 69 yesterday, close to the Sell signal level above 70. Zhang Lei at Minsheng Securities cites speculation of more property tightening as home prices have not fallen. Xie
READ MORE... →Salient to Investors: Lars Seier Christensen at Saxo Bank said: The euro’s recent rally is illusory and the euro is doomed because Europe has no fiscal union. Another possible fallout is getting rid of some of the countries being ruined by being in the euro, notably southern European economies. People are dramatically
READ MORE... →Salient to Investors: The MSCI Emerging Markets Index 30-day volatility dropped to the lowest level since 1997 and is at 10.4 times estimated profit versus 13.8 times for the MSCI World Index. Jitra Amornthum at Finansia Syrus Securities said China’s economic recovery remains weak. Read the full article at http://www.bloomberg.com/news/2013-02-18/emerging-stocks-fall-most-in-week-on-korean-won-metal-prices.html Free email alerts of articles as
READ MORE... →Salient to Investors: Norman Villamin at Coutts said earnings disappointments are not much of a surprise given the weak local economies, but they should stabilize later in 2013. Villamin said bullish global sentiment is the primary concern as everyone is on the same side of the trade, and euro strength against
READ MORE... →Salient to Investors: Marc Chandler at Brown Brothers Harriman said G-20 basically said Japan can continue to reflate their economy, so it will continue to pursue aggressive fiscal easing and monetary easing, and just not talk about the currency so much. S&P retained its negative outlook on Japan’s credit rating, pending policy
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