Salient to Investors: Jim Rogers writes: Am short junk bonds as eventually the 30-yr bull market in bonds will end, if not ended already. Buying airlines. Investing in Russia. Read the full article at http://jimrogers-blog.blogspot.com/2014/01/investments-short-junk-government-bonds_20.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: The IMF predicts G-7 nations will tighten policy in 2014 by the least since they began in 2011 – at half this year’s pace as the average budget shortfall drops to about a quarter of where it was just 3 years ago. Jose Ursua at Goldman Sachs
READ MORE... →Salient to Investors: The IMF said: Advanced economies are gradually strengthening while growth in emerging-market economies has slowed. The effects of any failure to repay US debt would be felt right away, leading to potentially major disruptions in financial markets, both in the US and abroad, though this has a
READ MORE... →Salient to Investors: Jim O’Neil writes: In April, the BRICS said they would build their own development bank. Their difficulty in cooperating is simply because they are not very alike. Brazil, Russia, India and China are the world’s largest emerging economies, while China is bigger than all the others put together – China effectively
READ MORE... →Salient to Investors: Stretched budgets and sluggish growth are putting emerging-market governments on a collision course with rising pressures from recently empowered middle classes for more spending and better services. Policy makers face the end to an era of abundant global liquidity that helped fuel the fastest expansion in three decades. The
READ MORE... →Salient to Investors: In Q1 2013, BRIC bonds, currencies, and stocks fell together for the first time since 2006. Since 2003, the MSCI BRIC Index has returned 227 percent, but is down 17 percent in 2013 and trailing the S&P 500 by the most since 1998. The MSCI BRIC Index
READ MORE... →Salient to Investors: The IMF said: Global growth will struggle to accelerate in 2013 as the US expansion weakens, China’s economy levels off, and Europe’s recession deepens. Global growth will be 3.1 percent in 2013, unchanged from 2012, and 3.8 percent in 2014. Developing economies will grow 5 percent in 2013,
READ MORE... →Salient to Investors: The IMF said: Global growth for 2013 will be unchanged at 3.1 percent as US growth slows to 1.7 percent in 2013 and 2.7 percent in 2014. Global growth will be 3.8 percent in 2014. Downside risks to global growth prospects still dominate, with the possibility of a longer
READ MORE... →Salient to Investors: Russian investment banks controlled by Russia are squeezing out foreign competitors, helped by a bailout of the country’s richest men five years ago. Freeman & Co says Russian banks won 38 percent of fees in 2012 versus 7 percent in 2005, European banks dropped to 32 percent from
READ MORE... →Salient to Investors: Martyn Davies at Frontier Advisory said there’s a shift in power from the traditional to the emerging world, with much geo-political concern about this in the western world. Foreign direct investment into BRICS nations accounted for 20 percent of global FDI flows versus only 6 percent in
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