Salient to Investors: Little more than 2 years after Warren Buffett labeled India a “dream market,” its economy is expanding at the slowest pace in a decade and its debt ratings are at risk of being cut to junk. Berkshire Hathaway exited an insurance distribution venture. In the last 3
READ MORE... →Salient to Investors: Justin Wolfers writes: The risk of deflation is greater than the risk of explosive inflation. The Bureau of Economic Analysis revised its estimates for the personal consumption expenditures price index – the index the Fed targets aiming for inflation of 2 percent – to 0.1 percent negative
READ MORE... →Salient to Investors: Nouriel Roubini at NYU writes: The rout in the emerging market asset classes is past midway but more is ahead as the recovering West points to Fed tapering. Many stages in the shift in the US and global monetary and financial conditions are to come within the
READ MORE... →Salient to Investors: Jim Rogers writes: QE and money printing will end one way or the other and cause problems in the world economy, so expect another economic slowdown within the two years. Read the full article at http://blogjimrogers.blogspot.com/2013/09/money-printing-is-going-to-end.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Leland Miller and Craig Charney at China Beige Book Intl said China’s economy slowed this quarter and demonstrates that the conventional wisdom of a renewed, strong economic expansion is seriously flawed. Their data reveal weakening gains in profits, revenues, wages, employment and prices. The official pickup spurred
READ MORE... →Salient to Investors: The IMF said: Euro area countries should be prepared to lose some degree of control over their budget, pool resources to set up an insurance program and do common borrowing. The 17 euro-nations need to toughen rules enforcing fiscal discipline and set up fund transfers before crises
READ MORE... →Salient to Investors: Jim Rogers writes: As the Chinese get richer and richer, this will drive global tourism. Read the full article at http://blogjimrogers.blogspot.com/2013/09/chinese-will-drive-global-tourism-market.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Jim Chanos at Kynikos Associates said: He is unconvinced by China’s improving economic growth and is maintaining bearish bets on the nation’s banks. If you grow new credit by 30 percent to 40 percent of GDP a year, it is not difficult to reach the government’s expansion
READ MORE... →Salient to Investors: Bloomberg poll: 27 percent say economic growth will increase, down from 39 percent 3 months ago, while 44 percent expect it to stay the same and 28 percent see it weakening. 25 percent said the US is on the right track, the lowest since September 2011, while
READ MORE... →Salient to Investors: Nouriel Roubini at NYU writes: US inequality is rising sharply again above Gilded Age levels Read the full article at http://drnourielroubini.blogspot.com/2013/09/emerging-market-rout-theres-more-to-come.html Click here to receive free and immediate email alerts of the latest forecasts.
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