Salient to Investors: Harry Dent and Rodney Johnson write: We are entering the last stage of the 80-year New Economy Cycle Commodities topped in 1920, 1951 and 1980. The spending cycle is 39 years and the commodities cycle is 30 years. Gold will fall to $750 The US economy will
READ MORE... →Salient to Investors: Jim O’Neill at Goldman Sachs says: China equities are very cheap and are the best place to be in 2013. Don’t expect draconian tightening in China as inflation last year was way below their target and the government has been careful not to stimulate economy too much and are doing a good
READ MORE... →Salient to Investors: Mohamed El-Erian at Pimco said: The Fed’s record monetary stimulus has forced central banks from Mexico to Brazil to Korea to Japan to follow suit as artificially low US interest rates has put upward pressure on several currencies, threatening the competitiveness of their economies. Central banks are carrying
READ MORE... →Salient to Investors: The private-equity investment of $36 billion in US brick-and-mortar retailers before the recession in 2007 has not turned out well. Of the 8 largest retail private-equity buyouts during that period, only Dollar General has gone public Leon Nicholas at Kantar Retail said there is nothing special about
READ MORE... →Salient to Investors: JPMorgan Chase now predicts US home prices will rise 7 percent in 2013 and over 14 percent through 2015, and Bank of America predicts prices will now rise 8 percent in 2013 as homebuyers and investors rush to acquire a dwindling supply of properties and the Fed lowers mortgage rates. Samantha McLemore at Legg Mason
READ MORE... →Salient to Investors: Witold Bahrke at PFA Pension A/S said anxiety is growing steadily, primarily regarding euro-zone developments, and while no-one expects anything concrete from the summit, there is the potential for surprises, like on Cyprus. Read the full article at http://www.bloomberg.com/news/2013-03-14/european-stock-index-futures-climb-as-leaders-meet.html Click here to receive immediate email alerts of the latest
READ MORE... →Salient to Investors: Economists say a resurgence of the debt crisis is the biggest threat facing Germany in an election year. Thomas Mayer at Deutsche Bank, Holger Schmieding at Berenberg Bank and others say declining sovereign bond yields in countries such as Italy and Ireland should not lull governments across Europe into thinking they can let up
READ MORE... →Salient to Investors: Paul Krugman writes: Paul Ryan’s proposal of slashing the top tax rate from 39.6 percent to 25 percent, yet somehow raising 19.1 percent of G.D.P. in revenues are even more fraudulent than his proposals in 2010 and fortunately this time getting the derision it deserves. Draconian austerity is simply not needed
READ MORE... →Salient to Investors: Mohamed El-Erian at Pimco said: Europe may contract 1 percent to 1.5 percent in the next 12 months with the private sector starved for credit and austerity policies limiting growth. Ireland’s first sale of 10-yr government bonds since its 2010 bailout is a sign of the gradual healing in Europe’s financial
READ MORE... →Salient to Investors: Beijing’s strict property curbs are forcing up rents for 7.7 million residents originally from outside of the city who are blocked from buying a home. Bacic & 5i5j say average rents in Beijing have risen 23 percent since 2010, as demand for rentals surged 82 percent – college
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