Salient to Investors: William Emmons at FRB St. Louis said: Americans born between 1928 and 1945 have become the richest old generation ever by benefiting from improved health, a more generous social safety net, an exit from the job market ahead of the past recession, rebounding stock and home values, and
READ MORE... →Fareed Zakaria said: The White House has no real solution for Syria. There is no prospect of working with the Republicans on any major domestic policy. The greater threat to global peace and prosperity over the next decades comes from the rise of China and not from IS. Americans believe
READ MORE... →Salient to Investors: Fareed Zakaria said: Tunisia is more developed, more urban, more literate, and more globalized than Egypt, and has a more diverse civil society, stronger labor unions, civic associations, professional groups. Tunisia’s relative success suggests there is nothing inherent in Islam or Arab society that makes it impossible
READ MORE... →Salient to Investors: The price gap between regular and premium gasoline is at the widest since 2008, caused partly by the supply of shale oil, which is more easily turned into low-octane gasoline. John Auers at Turner Mason said foreign oils produce high-octane fuel better. Patrick DeHaan at GasBuddy Organization said
READ MORE... →Salient to Investors: Fareed Zakaria said: Canada has more immigrants, more foreign-born citizens than the US. Since 1990, mortality rates of children under five have been cut in half. Most books on entrepreneurship are useless. The top 5 countries that account for half of the under-5 deaths are India, Nigeria,
READ MORE... →Salient to Investors: Cash transactions accounted for 24% versus 33% a year ago. Investors, 63% of whom paid cash, were 14% of the market last month versus 19% in September 2013. Foreclosures and short sales were 10% of the total. First-time buyers accounted for 29% versus the historical average of 40%. The average
READ MORE... →Salient to Investors: Paul Tudor Jones at Tudor Investment Corp is believed to have said: US stocks will outperform other equity markets for the rest of 2014. The bubble in global credit will burst one day. If we maintain the status quo on QE, we will end up like Greece
READ MORE... →Salient to Investors: The Fed misses those who are employed who are overqualified for their job or would like to work more hours, so the significant under-utilization of labor resources is probably even more severe than currently estimated. Michelle Meyer at Bank of America said we have more slack than
READ MORE... →Salient to Investors: Eric Zoldan at JHS Capital Advisors said that over the last two weeks, it is much clearer that while money is flowing out of all asset classes, it is not flowing out of the gold market, and that deteriorating global growth and demand is leading investors back to gold.
READ MORE... →Salient to Investors: Fareed Zakaria said: Obama’s Syria policy is destined for failure and almost certain to produce chaos and unintended consequences. Joshua Landis at Syria Comment estimates that non-jihadi groups collectively control only about 5% of Syria. The underlying reason for the violence in Iraq and Syria is a Sunni
READ MORE... →