Salient to Investors: Nouriel Roubini at NYU said: There has been a global recovery in the last year with the US recovery and reduced tail risks of a eurozone breakup and a hard landing in China. The US economy recovery is very fragile, with barely 2% GDP growth expected in
READ MORE... →Salient to Investors: The 90-day correlation between changes in the euro and a Citigroup index of bond and swaps risk has turned positive for the first time since November 2008, indicating the euro is gaining favor as investors’ perceptions of turmoil in financial markets rises. Hedge funds et al are
READ MORE... →Salient to Investors: Jim Rogers writes: Millions of entrepreneurial, driven and smart Indians want to be abroad because unless they are connected in India, they won’t be successful. Less than 50% of Indians stay in school till their 12th grade. India has relatively few universities. Read the full article at
READ MORE... →Salient to Investors: The CDC said the US fertility rate fell to a record low in 2012, with 63.0 births per 1,000 women ages 15 to 44 years old, and versus 69.3 in 2007. Last year, the CDC said an American woman will give birth to an average of 1.88
READ MORE... →Salient to Investors: William Pesek writes that Raghuram Rajan at the RBI has no control over what really ails India, namely: Politicians spending without accountability Corruption Government transparency The red tape that is deterring investment and strangling growth. Tax policies that limit revenue streams and encourage an explosion of startups
READ MORE... →Salient to Investors: Retailers from Macy’s to Wal-Mart Stores missed Q2 sales estimates and cut forecasts. Jennifer Davis at Lazard Capital Markets sees a shift away from spending on apparel and discretionary items to spending on homes and automobiles as consumers feel better, are willing to spend on larger item purchases
READ MORE... →Salient to Investors: Robert Shiller said a housing bubble is emerging in Brazil as home prices have risen as much as twice the increase in rent prices, and housing bubbles are brewing in emerging markets including China, Taiwan, India, Russia, Colombia, Canada and Hong Kong. Shiller said Brazil prices doubling
READ MORE... →Salient to Investors: Jim Rogers writes: India should make its currency convertible, end deficit spending, and free up the economy, especially agriculture. To open a retail outlet in India is tough for Indians but takes years for foreigners. In China, there are foreign companies everywhere. Read the full article at http://blogjimrogers.blogspot.com/2013/09/you-keep-companies-out-of-india-citing.html
READ MORE... →Salient to Investors: Jim Rogers writes: All Indian companies are successful domestically because of links with the government, but apart from two software companies, few if any Indian firms who have made it big in the international scene. Many Japanese, Korean, Chinese, Taiwanese companies are very big globally. Read the
READ MORE... →Salient to Investors: Larry Levitt at the Kaiser Family Foundation said for the most part insurers are finding the market for Obamacare attractive and are pricing accordingly. Levitt said it is surprising how inexpensive some of the Bronze plans will be: they carry high deductibles and significant out-of-pocket costs, but for
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