Salient to Investors: ATP, Denmark’s biggest pension fund said: Unprecedented stimulus from the biggest central banks has supported prices in “risky” markets, including equities, so investors need to brace themselves for potential disruptions when normalization of monetary policy comes, as recent investor reaction to the Fed’s warning of tapering showed
READ MORE... →Salient to Investors: Warren Buffett said the US housing market is coming back but housing starts are not at an equilibrium point, where they match household formation. Buffett said housing will rebound because of increasing population and limited supply. Buffett said the US has made significant progress since 2009 after
READ MORE... →Salient to Investors: Jim Rogers writes: Inflation is everywhere, including India, China, Norway, and Australia. However, the BLS is lying about inflation in the US. Since 2001, the cost to go to the top of the Empire State Building has risen to $44 from $9, to the Museum of Modern
READ MORE... →Salient to Investors: RealtyTrac reported: Home purchases by institutional buyers reached a record high of 14 percent of sales in September and all-cash buyers accounted for 49 percent of sales – 10 percent nationwide were properties repossessed in foreclosures, with Las Vegas at 21 percent, Riverside and San Bernardino at
READ MORE... →Salient to Investors: Jim Rogers writes: Japan says it will print unlimited amounts of money, the Fed says it can print a trillion dollars a year, and the ECB says it will do “whatever it takes.” The people getting the gigantic ocean of liquidity are having a wonderful time but it
READ MORE... →Salient to Investors: Continued stimulus on cooling global growth led by weakening in developing nations amid stagnant inflation and job growth in much of the industrial world risks inflating asset bubbles central bankers will have to face later. Talk of unsustainable home-price increases is spreading from Germany to New Zealand,
READ MORE... →Salient to Investors: The median estimates of the 10 most-accurate precious metals analysts tracked by Bloomberg over the past 2 years predicts gold will drop to an average $1,250 in Q4 2013, $1,225 in Q1 2014, $1,195 in Q2 2014, and a 4-year low of $1,175 in Q3 2014 due
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: Warren Buffett said: Congress will resolve the US debt ceiling stalemate before it seriously harms the country. One second beyond the debt limit would not do us in, but if it goes a year beyond, that would be unbelievable. US government bonds carry ‘the full faith and
READ MORE... →Salient to Investors: John C. Bluedorn, Joerg Decressin and Marco E. Terrones at the IMF said: Slumping asset prices show a recession is probably on its way for the G-7 economies as declining asset prices are significantly associated with the beginning of an economic contraction. From 1970 to 2011, stocks
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