Salient to Investors: More health workers are choosing to stay at home. Save the Children estimates the world is more than 3 million health workers short, including at least 1 million community nurses and doctors. 34 percent of doctors and 21 percent of nurses are foreign in New Zealand versus 27 percent of
READ MORE... →Salient to Investors: Japan is to scrap atomic power by the end of the 2030s but will allow idled reactors to restart during the 27-year wind-down period. Before Fukushima, Japan got almost 30 percent of its electricity from atomic power. Richard Katz at the Oriental Economist Report said the plan is a desperate election gambit
READ MORE... →Salient to Investors: Millan Mulraine at TD Securities said retail sales are not as strong as the headline number suggests as the price of gas will divert from discretionary spending. Jenny Lin at Ford said economic fundamentals remain modest but stable. Read the full article at http://www.bloomberg.com/news/2012-09-14/retail-sales-in-u-s-increased-0-9-in-august-on-auto-demand.html
READ MORE... →Salient to Investors: In a Bloomberg poll of 847 investors, analysts and traders: A quarter expect Chinese markets to be among the worst performers over the next year. 46 percent, the highest, say U.S markets offer among the best returns over the next year. 18 percent expect commodities to offer the highest
READ MORE... →Salient to Investors: More Germans have bought equities the most in five years due to inflation rising and less security and stability in bonds because of concerns surrounding Portugal, Italy, Greece and Spain – Germans traditionally loved government bonds. Share ownership declined almost every year in the decade through 2011. Economist forecasts compiled by Bloomberg predict
READ MORE... →Salient to Investors: Byron Wien at Blackstone said it looks like the EU will survive at least for a while, and Mario Draghi looks serious about providing liquidity. Read the full article at http://www.bloomberg.com/news/2012-09-07/s-p-500-rallies-to-highest-since-2008-on-stimulus-bets.html
READ MORE... →Salient to Investors: Michael Feroli at JPMorgan Chase said the jobs report is a setback for the labor market and the economy and validates Bernanke’s concern. Bill Gross said the Fed will likely ease further through “open-ended” purchases of Treasuries and mortgages and extend its pledge to keep interest rates low
READ MORE... →Salient to Investors: S&P 500 Index at highest since 2008. The Dow at highest since December 2007. Dan Veru at Palisade Capital Management said we are peeling away the uncertainties little by little, and Draghi is serious about putting Europe on a positive path. David Pearl at Epoch Investment Partners said the U.S. data is moving positively and we’re
READ MORE... →Salient to Investors: Bruce Stout at Aberdeen Asset Management said: Central bankers are going round and round in the credit cycle believing that reducing interest rates will cure the illness that’s completely different from the past. We are no further ahead defining the main issue: the crisis of public sector indebtedness, which will take
READ MORE... →Salient to Investors: Pimco’s Bill Gross said: Investors face an age of inflation, a headwind for both stocks and bonds. The cult of equity was dying, and long-term equity returns of 6.6 percent above inflation – the Siegel Constant – won’t be seen again. Institutional investors will find the highest returns in countries with faster growth
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