Salient to Investors: Ken Hasegawa at Newedge Group said we can be optimistic on the economic recovery and on China and the US, and the oil market is trending up. Hedge funds boosted bullish bets on US crude for a 6th consecutive week. Read the full article at http://www.bloomberg.com/news/2013-01-28/oil-trades-near-highest-level-in-four-months-on-economic-outlook.html Free email alerts of articles as soon
READ MORE... →Salient to Investors: The difference between G-7 bonds excluding Treasuries and US government securities was the least since July 2011. Hiroki Shimazu at SMBC Nikko Securities said Treasuries are unattractive because recovery in the US in continuing and inflation expectations rising. Shimazu said 10-yr rates will exceed 2 percent by year-end. George Soros
READ MORE... →Salient to Investors: George Soros said: The world still does not fully understand how financial markets work – the established theory has collapsed. Germany is out of tune with the rest of the world in handling the euro crisis. There is a risk of a credit bubble, the big, unresolved
READ MORE... →Salient to Investors: Christine Lagarde at the IMF said the US must create a long-term plan for handling the deficit or risk its position as the world’s economic leader. The IMF said the US economy remains on track, and expects 2 percent in 2012 and 3 percent in 2014. Read
READ MORE... →Salient to Investors: Ray Dalio at Bridgewater Associates said: 2013 will be a game changer for the economy as investors reallocate money – currently getting very bad returns – after risks including Europe’s sovereign debt crisis receded. Money will move into stocks and other assets, as well as into goods and services Central banks
READ MORE... →Salient to Investors: Executives and economists said Britain’s pledge to hold a referendum on leaving the EU may damage investment and jeopardize an economy facing its first triple-dip recession. Adam Posen said the prospect of a referendum will hurt investment in the UK, and to stretch it out until 2017 is
READ MORE... →Salient to Investors: Swedish Prime Minister Fredrik Reinfeldt said the US will never afford the welfare benefits enjoyed by Europeans unless it raises taxes, and America’s federal deficit is unsustainable. The OECD says the US has the 4th smallest tax burden relative to GDP, after Mexico, Chile and Turkey. Global investors say the
READ MORE... →Salient to Investors: Laurentia Amica Darmawan at PT First State Investments Indonesia said the currency issue is the biggest risk factor in the foreseeable future for Asian companies, and will continue until we have clarity on how long global monetary easing will last. Credit Suisse lowered Turkish banks to neutral from
READ MORE... →Salient to Investors: Tim Jagger at Aviva Investors Asia said the economic data since November has silenced many China bears, and China’s property companies have never had the opportunity to fund at such attractive rates. Jim Chanos at Kynikos Associates warned last month of a credit bubble, and said profits at
READ MORE... →Salient to Investors: Joseph Stiglitz said: The richest 1% of Americans have doubled their wealth since 1980 and now hold 25% of the country’s wealth, yet the median income level in the US had not changed since the early 1990s. The American dream has gone: the US has one of the worst
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