Salient to Investors: William Pesek writes: If there were ever proof that ex-PM Julia Gillard was not defeated for her performance, this election campaign is it – Abbott and PM Kevin Rudd have offered nothing new or insightful to voters, and neither have come up with a plan to redefine Australia’s economy
READ MORE... →Salient to Investors: Fareed Zakaria writes: The World Bank says that in 1981, nearly half of all world citizens were impoverished versus less than a fifth today. However 95 percent of the total global decline has to do with China, whose poor declined by nearly 680 million people in the
READ MORE... →Salient to Investors: Hedge funds et al are making the biggest bet on a gold rally since January 22 amid mounting signs that the U.S. will lead a military strike against Syria drove prices to a three-month high. Net-bullish holdings across 18 US-traded commodities climbed to the highest since February.
READ MORE... →Salient to Investors: Luca Jellinek at Credit Agricole Corporate & Investment Bank said it is the third time the court turns down budget-saving measures, but ultimately it won’t derail what’s going on in Portugal, it just makes it less efficient and harder to slim down the state. Read the full article
READ MORE... →Salient to Investors: Caroline Baum writes: C. Fred Bergsten says Sweden combines a social welfare society with a free-market economy and a high degree of government efficiency: nearly two-thirds of Swedes confirm by phone that the tax form prepared for them by authorities is correct. cards use your Michael McDonald
READ MORE... →Salient to Investors: Matthew C. Klein writes: GDP has been expanding at the same rate in half1 as it has since mid-2010, showing that Fed stimulus has offset fiscal tightening. However, growth is still too anemic to return to anything resembling full employment for several more years, even under the most optimistic assumptions.
READ MORE... →Salient to Investors: Steve Hanke at Johns Hopkins University said inflation is always and everywhere a monetary phenomenon, but hyperinflation is always and everywhere a political phenomenon. payday short term loan Ricardo Hausmann at Harvard says the Fed’s planned tapering is not the only reason why emerging-market stocks and bonds
READ MORE... →Salient to Investors: Jim Rogers writes: Power corrupts. Singapore was lucky. Congo had a dictatorship for a long time, but has nothing to show for it. I moved to Singapore. Read the full article at http://blogjimrogers.blogspot.com/2013/08/power-corrupts.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: William Pesek writes: Scary drops in the Indian rupee, Indonesian rupiah, Malaysian ringgit and Thai stocks are fueling anxieties almost everywhere. Korea is a rare exception. A current-account surplus equal to 4.9 percent of GDP, a well-performing won the IMF says is undervalued, and expectations for 4
READ MORE... →Salient to Investors: Mohamed El-Erian at Pimco said: Weakening emerging-market growth and spiraling currencies risk creating headwinds for a recovering US economy. Longer-term, we should care due to the feedback loop to the US. We will see a tightening of financial conditions to markets, with growth more challenged and the ability of
READ MORE... →