Salient to Investors: Saumil Parikh at Pimco said: Global growth will increase to 2.25 percent to 2.75 percent through September of 2014 as US and European policy won’t hamper growth as much as in the past, private sector confidence strengthens as global wealth increases, and central banks use monetary policy
READ MORE... →Salient to Investors: Jim Reid et al at Deutsche Bank said: Returns on 10-yr Treasury notes adjusted for inflation were an annualized 4.5 percent in the 100 years before the Fed and under 2 percent in the 100 years after the Fed was born in 1913, while the return on
READ MORE... →Salient to Investors: Mark Spindel at Potomac River Capital said Janet Yellen would welcome a little more inflation because of the costs of too-low inflation are high, but would not let inflation run away. Stephen Oliner at the American Enterprise Institute said Yellen has very little tolerance for inflation above
READ MORE... →Salient to Investors: Henry Kissinger at Kissinger Associations said Putin considers radical Islam his biggest security threat and his biggest fear in Syria is that it would lead to a radicalization of the region, but he does not want the US unilaterally to determine how the situation in the region
READ MORE... →Salient to Investors: Google’s Eric Schmidt and Anne-Marie Slaughter at the New America Foundation said colleges and universities are indecisive, slow-moving, and vulnerable to losing their best teachers to the Internet. Schmidt said colleges have the luxury of thorough, democratic deliberation of issues because they never actually do anything, in
READ MORE... →Salient to Investors: A Bloomberg poll of investors, analysts and traders showed: 40% see the euro-area economy as improving, more than 4 times the number in May 40% see the world economy as strengthening, the most since January 2011. 52% expect stocks to produce the best return over the next
READ MORE... →Salient to Investors: Stanley Druckenmiller said: The poverty rate for seniors over the last 35 years has dropped from 35% to 9%, while their wealth has dramatically increased The numbers of seniors is about to explode and there is no way we can pay for what we have promised them. The US
READ MORE... →Salient to Investors: Policy makers and some Wall Street veterans see a banking system still too leveraged, complicated and interconnected to withstand a panic, and regulators ill-equipped to head one off — the same conditions that led to the last crisis. Stefan Walter said we are safer, but not safe
READ MORE... →Salient to Investors: Mortgage lenders are warning that the drop in demand for refinancing may be steeper than expected as surging interest rates crimp demand and cast doubt on how much the housing market will improve. Guy Cecala at Inside Mortgage Finance said yesterday’s Wells Fargo comments and Bank of
READ MORE... →Salient to Investors: Tim Sloan at Wells Fargo said rising mortgage rates won’t slow the housing recovery because new families are being created and homes are still affordable. Read the full article at http://www.bloomberg.com/news/2013-09-09/wells-fargo-says-rising-rates-won-t-snuff-out-housing-recovery.html Click here to receive free and immediate email alerts of the latest forecasts.
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