Salient to Investors: Paul Krugman said to some extent we are hurt by Chinese growth since we compete for limited supplies of oil, minerals, etc. The U.S. needs to give China more of a voice in trade policy because the alternative is much less appealing. China is the largest polluter in
READ MORE... →Salient to Investors: Daniel Kalt at UBS said Switzerland’s residential-property boom is the biggest risk facing its economy, and the situation will continue for one to three years. Read the full article at http://www.bloomberg.com/news/2012-12-12/swiss-property-boom-is-biggest-risk-for-the-economy-ubs-says.html
READ MORE... →Salient to Investors: Bachhraj Bamalwa at All India Gems & Jewellery Trade Federation said Indian households and temples hold 25,000 metric tons of gold – 10 percent would ensure supplies to Indian jewelers for 3 years. Bamalwa said Indians will continue spending on gold on marriages and in festivals, and with no social security, investment in
READ MORE... →Salient to Investors: The IMF said: the sharp run-up in house prices raises the risk of an abrupt decline. the property sector is the main domestic economic risk, though the odds of a slump that has major economic and financial consequences is fairly low near term. economic growth may rebound to 3 percent in
READ MORE... →Salient to Investors: Thomson Reuters reports Chinese acquisitions overseas is up 28 percent from the same period a year ago in dollar volumes versus a 2.8 percent global slump in M&A volume overall. André Loesekrug-Pietri at A Capital sees an acceleration but not an immediate flood of transactions. The real surge is likely to happen by
READ MORE... →Salient to Investors: In a Bloomberg poll: 38 percent say the US is on the right track, the best reading since September 2009, while 55 percent say the US is on the wrong track. 48 percent approve of Obama’s handling of the economy, 48 percent disapprove. 31 percent expect a better year
READ MORE... →Salient to Investors: The bond market shows no anxiety of inflation risk – the break-even rate for 5-yr TIPS, or yield difference between inflation-linked debt and Treasuries, is 2.07 percent. The median economist expects growth of 2.2 percent in 2012 and 2 percent in 2013. Dean Maki at Barclays is convinced the Fed will get it just right,, and thus is providing
READ MORE... →Salient to Investors: Clive Crook writes: Even the most pessimistic analysts expect growth to fall to 3 percent or 4 percent a year. The underlying drivers of China’s growth remain strong. new payday loan lenders bad credit China’s stimulus program during the post-2008 global slowdown was a success, and China emerged the global
READ MORE... →Salient to Investors: Saumil Parikh at Pimco said: Global growth will slow to 1.3 percent to 1.8 percent from 2 percent in 2012 as the private sector isn’t healthy enough to step in and extend credit amid deleveraging. The average economist expects growth of 2.5 percent in 2013. Central banks are effective
READ MORE... →Salient to Investors: Paul Ballew at Dun & Bradstreet said the bigger question is that after four years of aggressive monetary policy, whether or not anything else will really make a material difference on the direction of the recovery. The ZEW Center for European Economic Research said its index of investor and
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