Salient to Investors: 16 of the 29 US states requiring utilities to buy renewable energy are considering paring back those mandates after a plunge in natural gas prices. Read the full article at http://www.bloomberg.com/news/2013-04-23/u-s-states-turn-against-renewable-energy-as-gas-plunges.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Michael Purves at Weeden said the markets are starting to process softening economic news and a correction. 72 percent of the 111 S&P 500 companies so far reporting have beaten earnings estimates. Thomas Nyheim at Christiana Trust said housing is showing modest improvement. William C. Dudley at
READ MORE... →Salient to Investors: Mark Mobius at Templeton Emerging Markets is holding and buying Macau gambling stocks as Macau will gain from expanding family entertainment and become China’s premier destination for leisure and entertainment. Read the full article at http://www.bloomberg.com/news/2013-04-23/mobius-says-macau-casinos-to-expand-on-family-push.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Luck, not hard work, is overwhelmingly why the rich are rich and the poor are poor. Our peer average income is set by forces beyond our control and far more than by our own choices. The CBO says the top 20 percent get 50 percent of the national
READ MORE... →Salient to Investors: William C. Dudley at New York FRB said: European economic weakness and US budget woes mean more needs to be done to shore up the global economy and financial regulation. The US has too much fiscal restraint in the short-term, and too little consolidation in the long-term. The US economy
READ MORE... →Salient to Investors: The IMF says Britain’s failure to grow means it should ease its deficit-cutting plan. Bill Gross at Pimco said the UK and much of Europe are wrong to pursue fiscal austerity because it won’t deliver growth – a reversal of his 2010 view that the UK should tighten policy. Gross said that long-term
READ MORE... →Salient to Investors: American companies are the 5 biggest in the world for the first time since the end of 2004 – Exxon , Apple, Google, Berkshire Hathaway, and Wal-Mart . PetroChina, which was one of 3 Chinese stocks in the top 5 last year, has slipped to No. 6. 26 of the world’s
READ MORE... →Salient to Investors: Fareed Zakaria said: China and India consumers are taking advantage of the drop in prices to buy more gold. Gold bugs believe that central banks have been pumping money into the global economy for decades and that this will make money worthless. The total amount of gold
READ MORE... →Salient to Investors: The US economy will officially become 3 per cent bigger in July as government statistics take into account 21st century components such as film royalties and spending on R&D. Brent Moulton at the Bureau of Economic Analysis said the update was the biggest since computer software was added in 1999. The changes will
READ MORE... →Salient to Investors: Generally speaking, the stock market represents large corporations who can borrow cheaply from the bond markets and take advantage of low overseas tax rates. Small business can do neither of these things, despite being America’s most important job creators. The National Federation of Independent Business says this about
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