Salient to Investors: Fareed Zakaria said: The purpose of ISIS’ execution videos was to provoke the US and it worked. Al Qaeda tries to appeal to all Muslims while ISIS is distinctly sectarian and anti-Shiite and hostile to Kurds, Christians and many others in the Middle East – if they all fight in
READ MORE... →Salient to Investors: Naoki Kamiyama and David Cui at Merrill Lynch said: China is weaker than it appears, resembles Japan in 1992, and may enter an asset-deflation phase. China’s imbalanced growth, government stimulus, overcapacity, overwrought housing market, and severely under-capitalized financial system may be a more serious problem than Japan’s was in the
READ MORE... →Salient to Investors: Since 2011, online investors since 2011 have helped drive a 50-fold increase in financing through peer-to-peer websites, and are turning to property as falling home prices prompt China to ease curbs aimed at stamping out speculation. China is trying to revive local-government revenues at the risk of
READ MORE... →Salient to Investors: More than half of US adults are single versus 37% in 1976. Singles need bigger emergency funds more insurance protection. Couples who wait to have kids in their 30s end up with three big financial burdens all at once: retirement planning, saving for a house and saving for college.
READ MORE... →Salient to Investors: BLS said 50.2% of those 16 years or older in the US were single in August, versus 37.4% in 1976. Edward Yardeni at Yardeni Research said: The rise in singles exaggerates income inequality in the US and has implications for our economy, society and politics. Singles, particularly younger
READ MORE... →Salient to Investors: Most oil drillers are spending money faster than they make it; an average of $1.17 for every dollar earned in the 12 months ended on June 30, 2014. Only 7 US-listed firms in the Bloomberg Intelligence’s E&P index made more money than it cost them to keep
READ MORE... →Salient to Investors: Fareed Zakaria said: Islamic terror is not the isolated behavior of a handful of nihilists but a broader culture that has been complicit in it or at least unwilling to combat it. Zawahiri’s effort to recruit Indian Muslims will fail. The Arab world produces fanaticism and jihad
READ MORE... →Salient to Investors: Scott Minerd at Guggenheim Partners writes: The world is awash with liquidity and the promise of more easy money and QE in Europe bodes well for equities and bond prices. The recent high of the NYSE Advance-Decline Line is bullish. In Europe, negative deposit rates should encourage commercial banks
READ MORE... →Salient to Investors: The Ibovespa stock benchmark has risen 35% from its March 14 bottom – the best performance of global major equity indexes – despite economists cutting 2015 growth forecasts month after month to a record low. Bullish investors are betting on a new government in October that will lure investment.
READ MORE... →Salient to Investors: Jan Freitag at STR said from May through July, the most hotel room nights were sold since they began tracking the data in 1987, while reservations for Saturday nights, at almost 83% occupancy in July, is an indication of the healthy return of leisure travel. STR predicts revpar
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