Salient to Investors: The OECD said: Germany will expand 0.7 percent in 2013 versus 0.4 percent predicted in May France will grow 0.3 percent in 2013 versus shrinking previously predicted of 0.3 percent The UK will grow 1.5 percent in 2013 versus 0.8 percent predicted in May. In the euro area, re-balancing
READ MORE... →Salient to Investors: The Journal of the AMA reports: 11.6% of China’s adults has diabetes, up from 9.7% – an increase the size of the population of Australia – in 2007, and versus 11.3% in the US. 1 in 3 diabetes sufferers globally is in China. Half of adults in
READ MORE... →Salient to Investors: Jim Rogers writes: There are not many successful Indian companies outside of those associated with the government. In Singapore you see few Indian products, except for some restaurants and there are very few Indian brands that you would recognize outside India. Read the full article at http://blogjimrogers.blogspot.com/
READ MORE... →Salient to Investors: Marco Oviedo at Barclays said teacher protests are a sign that President Nieto may struggle to push through his energy and tax-law plans without modification. Oviedo said education reform shows that it won’t be easy to pass other reforms that hurt certain political groups or interests. Opposition to Nieto’s pledges
READ MORE... →Salient to Investors: For most Americans, the real estate crash is over and personal wealth is back where it was in the boom. For blacks, 18 years of economic progress has vanished, with a rebound in housing slipping further out of reach and the unemployment rate almost twice that of whites. Black homeownership fell
READ MORE... →Salient to Investors: Joseph E. Gagnon at the Peterson Institute for Intl Economics writes: QE still is the right policy. QE bond purchases are not comparable to stimulus spending on roads and tax cuts, which adds to the national debt. QE is a swap of one asset, bank reserves, for
READ MORE... →Salient to Investors: Jim Rogers writes: In 1947, India was one of the most successful countries in the world relative to others and as recently as 1980, India was more successful than China. India has some of the smartest people in the world, but does not have an education system
READ MORE... →Salient to Investors: Steve Ashley at Nomura said: The worst is over for Asian emerging markets but individual countries could continue to suffer significant challenges. It is very positive for the next 5 to 10 years as the amount of investments by funds in these countries catch up with the
READ MORE... →Salient to Investors: Hometrack said average house prices in England and Wales were up 1.8 percent from a year earlier, the most since July 2010, adding to evidence of a mini-boom in the housing market, as mortgage approvals reached their highest since 2008. The average time taken to sell a property
READ MORE... →Salient to Investors: Lu Ting at Bank of America said China’s recovery is being driven primarily by domestic demand but international demand is picking up too, and will boost market confidence in China’s recovery amid the turmoil in some emerging markets. Zhu Haibin at JPMorgan raised estimates for China’s growth
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