Salient to Investors: Barclays and Credit Suisse are predicting lower commodity prices as supplies increase. Dan Heckman at US Bank Wealth Mgmt said the US economy is showing ample signs of growing, and so the Fed will start looking at tapering by early next year. Heckman is underweight on commodities
READ MORE... →Salient to Investors: Bill Mann at Motley Fool Asset Mgmt said the Fed has decided to reward risk behavior and that is what we will get, so the market will keep hitting new highs until the stimulus reverses itself. Jan Hatzius at Goldman Sachs said the Fed will considerably increase
READ MORE... →Salient to Investors: Lloyd Blankfein at Goldman Sachs said the US is the brightest spot in the global economy: US recovery is shallow but established. Blankfein said globally we will muddle through. Will Tseng at Mirae Asset Global Investments said US growth is moderate, but better than Europe or Japan.
READ MORE... →Salient to Investors: Housing in Australia accounts for 60 percent of average household wealth versus a global average of 45 percent. Average household debt has been near 150 percent of annual income since 2006 versus 135 percent in the US. House prices have not fallen more than 10 percent in
READ MORE... →Salient to Investors: Avinash Satwalekar at Vietcombank Fund Mgmt, a joint venture of Franklin Templeton Investments said: The time is right for buyout firms to invest in Vietnam as monetary and fiscal policy makers have created a very benign environment for investors and reforms take effect over the next 3
READ MORE... →Salient to Investors: ATP, Denmark’s biggest pension fund said: Unprecedented stimulus from the biggest central banks has supported prices in “risky” markets, including equities, so investors need to brace themselves for potential disruptions when normalization of monetary policy comes, as recent investor reaction to the Fed’s warning of tapering showed
READ MORE... →Salient to Investors: Warren Buffett said the US housing market is coming back but housing starts are not at an equilibrium point, where they match household formation. Buffett said housing will rebound because of increasing population and limited supply. Buffett said the US has made significant progress since 2009 after
READ MORE... →Salient to Investors: Jim Rogers writes: Inflation is everywhere, including India, China, Norway, and Australia. However, the BLS is lying about inflation in the US. Since 2001, the cost to go to the top of the Empire State Building has risen to $44 from $9, to the Museum of Modern
READ MORE... →Salient to Investors: RealtyTrac reported: Home purchases by institutional buyers reached a record high of 14 percent of sales in September and all-cash buyers accounted for 49 percent of sales – 10 percent nationwide were properties repossessed in foreclosures, with Las Vegas at 21 percent, Riverside and San Bernardino at
READ MORE... →Salient to Investors: Jim Rogers writes: Japan says it will print unlimited amounts of money, the Fed says it can print a trillion dollars a year, and the ECB says it will do “whatever it takes.” The people getting the gigantic ocean of liquidity are having a wonderful time but it
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