Salient to Investors: Warren Buffett said: The Fed is the greatest hedge fund in history because of its ability to profit from bond purchases while accumulating a balance sheet of more than $3 trillion, probably generating $80 billion or $90 billion a year in revenue for the US government, not
READ MORE... →Salient to Investors: William Pesek writes: Indonesians are outraged over bikinis but not over the right target of obscene levels of graft, and policies that have made the rupiah Asia’s most pathetic currency. The more voters obsess about exposed skin, the less the fraudulent class has to worry about being
READ MORE... →Salient to Investors: Saumil Parikh at Pimco said: Global growth will increase to 2.25 percent to 2.75 percent through September of 2014 as US and European policy won’t hamper growth as much as in the past, private sector confidence strengthens as global wealth increases, and central banks use monetary policy
READ MORE... →Salient to Investors: Jim Reid et al at Deutsche Bank said: Returns on 10-yr Treasury notes adjusted for inflation were an annualized 4.5 percent in the 100 years before the Fed and under 2 percent in the 100 years after the Fed was born in 1913, while the return on
READ MORE... →Salient to Investors: Mark Spindel at Potomac River Capital said Janet Yellen would welcome a little more inflation because of the costs of too-low inflation are high, but would not let inflation run away. Stephen Oliner at the American Enterprise Institute said Yellen has very little tolerance for inflation above
READ MORE... →Salient to Investors: Jim Rogers said India was on top in 1947 but has declined relatively since – remember, we move from dictatorship to oligarchy to democracy to chaos. Read the full article at http://blogjimrogers.blogspot.com/2013/09/india-was-on-top-in-1947.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Jim Rogers said that if Indians see that they are better off investing their money in gold, that is what they will do, do the solution is not to ban gold but to make the economy exciting enough to make people want to invest elsewhere. Read the full
READ MORE... →Salient to Investors: Henry Kissinger at Kissinger Associations said Putin considers radical Islam his biggest security threat and his biggest fear in Syria is that it would lead to a radicalization of the region, but he does not want the US unilaterally to determine how the situation in the region
READ MORE... →Salient to Investors: Google’s Eric Schmidt and Anne-Marie Slaughter at the New America Foundation said colleges and universities are indecisive, slow-moving, and vulnerable to losing their best teachers to the Internet. Schmidt said colleges have the luxury of thorough, democratic deliberation of issues because they never actually do anything, in
READ MORE... →Salient to Investors: William Pesek writes: China’s escalating war on free expression is unfolding in ways that even George Orwell could not have dreamed up, and clear evidence that China will not be serious about economic reforms and its leaders lack an ingredient vital to overhauling the economy: self-confidence. Markets
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