Salient to Investors: Nouriel Roubini writes: Rwanda has a visionary leader and very competent policy team. Its impressive economy has been growing close to 8% for many years albeit from a low base, and Kigali has good urban planning unlike other African cities Read the full article at http://drnourielroubini.blogspot.com/2013/07/dr-nouriel-roubini-says-rwanda-is.html Click here to receive
READ MORE... →Salient to Investors: William Pesek writes: Japanese voters seem ready to hand Abe one of the bigger blank checks in memory, so may be setting themselves up for buyer’s remorse. Japan has a fast-aging population, the world’s biggest public debt, a skyrocketing energy bill, and a pension time bomb. The idea of unfettered competition
READ MORE... →Salient to Investors: William Pesek writes: The best way to approach China’s GDP figures is ignore them – they are much worse than they appear. Industrial production rose just 8.9 percent in June versus 9.2 percent in May, anemic for an export-addicted, developing economy, and will crimp consumption and income growth in half2
READ MORE... →Salient to Investors: China understands that its economy needs to slow down. Too much money is flowing into unproductive investments with local officials often to blame. Its effort to engineer a soft landing is laudable and long overdue, but unless it pushes ahead with political as well as market reforms, surrenders
READ MORE... →Salient to Investors: Rightmove said UK home prices will climb 4 percent in 2013 as sellers raised asking prices for a seventh month to a record in July. Miles Shipside at Rightmove said a combination of apparent economic stability internationally and some signs of an economic upturn nationally mean more home movers are willing and able to increase
READ MORE... →Salient to Investors: Gary Shilling writes: The fog remains thick, so reducing long positions in Treasury bonds and Japanese stocks and cut yen shorts, euro shorts and dollar long positions. Maintaining long positions in US defensive stocks like utilities and health care. Increased short position in junk bonds and initiated
READ MORE... →Salient to Investors: Fareed Zakaria said: Pakistan is full of Islamic radicals, nuclear weapons, ambitious generals, and corrupt politicians but things are changing. For the first time in its history, an elected government completed a 5-year term, giving way to a new set of democratically elected leaders. Pakistan’s demographics are vibrant. A third
READ MORE... →Salient to Investors: Big banks claim a safer financial system would be bad for the economy because tougher banking rules will squeeze their lending and hold back investment. Markets disagree. On July 9, the day regulators published their proposal, the S&P 500 Index rose 11 points and the 10-yr US T-note held steady. On
READ MORE... →Salient to Investors: Orders for capital goods excluding aircraft and military equipment increased in May, a third consecutive advance and the longest streak since October 2011. The Business Roundtable’s quarterly outlook index rose in Q2 to the highest in a year. Yelena Shulyatyeva at BNP Paribas said investment will pick up
READ MORE... →Salient to Investors: The MSCI China Index has gained 14 percent, including dividends, since July 1993 versus 452 percent for the S&P 500 Index, 322 percent for the MSCI Emerging Markets Index and 86 percent from US Treasuries. Only the MSCI Japan Index had a weaker performance among the 10 largest
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