Salient to Investors: America’s biggest employers are increasingly moving retirees to insurance exchanges where they select their own health plans, a historic shift that could push more costs onto US taxpayers. Towers Watson said 44% of companies plan to stop administering health plans for their former workers over the next
READ MORE... →Salient to Investors: Jim Rogers writes: All government numbers are suspect. Last week, the US revised its economic statistics and added a whole economy bigger than the Swedish economy. Read the full article at http://blogjimrogers.blogspot.com/2013/09/all-government-numbers-are-suspect.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Fareed Zakaria said: The US has put its credibility on the line and will find it extremely difficult to keep its actions limited in a volatile situation. Ousting Assad would almost certainly lead to chaos and the ethnic cleansing of the Alawite sect and perhaps of other
READ MORE... →Salient to Investors: Roberto Perli at Cornerstone Macro said the reduced workforce poses a problem for the Fed as the unemployment rate declines faster than the Fed thought, but not for the right reason. If the drop is mainly driven by aging baby boomers retiring then the lower unemployment rate
READ MORE... →Salient to Investors: Albert R. Hunt writes: If Obama wins on Syria, most Republicans who supported him will want to distance on other issues; the party’s base is dominated by Obama haters. A loss would make his presidency appear impotent and damage the US’s global standing. Strategist Tom Davis says if
READ MORE... →Salient to Investors: Terry Sandven at US Bank Wealth Mgmt sees clear cumulative evidence of economic improvement, and expects the Fed to taper in September. Ron Florance at Wells Fargo Private Bank said unemployment is going in the right direction, just the wrong velocity, so the Fed will still taper,
READ MORE... →Salient to Investors: Joshua Shapiro at Maria Fiorini Ramirez said today’s jobs numbers are soggy and at odds with other data that shows things are OK. Shapiro said recent reports show pockets of strength as well as pockets of weakness in the economy. The participation rate decreased to 63.2 percent, the
READ MORE... →Salient to Investors: Michael Gurka at Spectrum Asset Mgmt says the market should be considerably lower. The first clue is market resistance at the 3% yield. Gurka sees a lot of overlaps with the 1987 crisis, while today’s jobs number does not make sense and shows what a tangled web we
READ MORE... →Salient to Investors: Nouriel Roubini at NYU said: There has been a global recovery in the last year with the US recovery and reduced tail risks of a eurozone breakup and a hard landing in China. The US economy recovery is very fragile, with barely 2% GDP growth expected in
READ MORE... →Salient to Investors: The CDC said the US fertility rate fell to a record low in 2012, with 63.0 births per 1,000 women ages 15 to 44 years old, and versus 69.3 in 2007. Last year, the CDC said an American woman will give birth to an average of 1.88
READ MORE... →