Salient to Investors: Nouriel Roubini writes: Economic growth and earnings growth are slowing down, while both top and bottom lines are not what they were, though margins are high. The gravitational forces of a slowing economy will lead to a correction, but the levitational forces of QEs, zero policy rates,
READ MORE... →Salient to Investors: William D. Cohan writes: Senators Elizabeth Warren and John McCain are wrong in believing that the 2008 financial crisis was caused by commercial banks taking undue risks with depositors’ money, though it is true that they courted too much risk, Causes of the financial crisis were many and
READ MORE... →Salient to Investors: Christine Lagarde at the IMF said a US court ruling against Argentina over its defaulted debt could have detrimental consequences for global financial stability, by bolstering the power of minority bondholders in future debt restructurings and hurt the IMF’s mandate to maintain financial stability in the world.
READ MORE... →Salient to Investors: Nouriel Roubini writes: We have entered the ‘New Abnormal’ so investors should be prepared to be surprised – nothing has really come to rest. Read the full article at http://drnourielroubini.blogspot.com/2013/07/be-sure-your-seat-belt-is-securely.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: The median forecast for UK growth in Q2 is 0.6 percent versus 0.3 percent in Q1, led by services. A survey of 30 economists expects the UK economy expanded 1.4 percent from a year earlier. Ross Walker at RBS said consumer spending has held up and we
READ MORE... →Salient to Investors: Ioan Smith at KCG Europe said Bernanke in the end said nothing new. Henk Potts at Barclays continue to believe the US will lead the global economic recovery, saying the US corporate picture remains incredibly bright and recommends investors be overweight equities. Read the full article at http://www.bloomberg.com/news/2013-07-19/european-stocks-rally-for-fourth-week-on-china-bernanke.html
READ MORE... →Salient to Investors: Nouriel Roubini writes: There is a huge gap between sentiment on Wall Street and main street. Read the full article at http://drnourielroubini.blogspot.com/2013/07/huge-gap-between-sentiment-on-wall.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: William Pesek writes: Japanese economists and cheerleading media now seem to realize they bought into Abenomics too hastily We are a long way from knowing if China Premier Li has the skill or political will to put China onto a more sustainable growth path, led by domestic
READ MORE... →Salient to Investors: The median forecast in a Bloomberg survey called for a 0.2 percent gain in GDP in the next the next 3 to 6 months. Kenneth Kim at Stone & McCarthy Research uncertainties for businesses are more limited going forward. Ken Goldstein at the Conference Board said some
READ MORE... →Salient to Investors: Baby boomers are retiring at the worst time in a generation or more, as bond yields and stock dividends have tumbled to 2 percent, and the cohort never saved like their parents and grandparents. Pension plans have largely disappeared from the private sector, home values are the
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