Salient to Investors: Author Chrystia Freeland said Putin is playing the classic authoritarian leader’s playbook and is chiefly concerned with what is good for Putin, not Russia. Julia Ioffe at The New Republic said on the one hand Russia wants to be part of the West and seen as an
READ MORE... →Salient to Investors: Credit Suisse cut reduced its allocation to stocks to neutral from overweight. Michael Strobaek at Credit Suisse said the fundamental environment remains attractive, but the markets are overbought, and the positive economic outlook and further supportive monetary policy are largely priced in, limiting upside in the near-term. Strobaek said the
READ MORE... →Salient to Investors: Jim Rogers writes: Every major central bank printing money and the world is floating on a very large artificial lake. You cannot have an efficient and strong economy with artificial money printing. The next economic slowdown will be worse than 2008-2009. Read the full article at http://jimrogers-blog.blogspot.com/2013/08/every-major-central-bank-is-printing.html
READ MORE... →Salient to Investors: Cass R. Sunstein at Harvard writes: Comparative research on intergenerational mobility raises legitimate questions about the claim that the US stands out as a land of opportunity. A 2006 study found that in intergenerational mobility, the US lagged behind Nordic nations as well as the UK. For example, Danish men born
READ MORE... →Salient to Investors: Jeremy Grantham said: The biggest issue we face is deterioration of the environment, particularly climate damage. In the US, the biggest problem is coal and tar sands. If we burn half or more of the coal and tar sands in two areas in North America, there is
READ MORE... →Salient to Investors: Caroline Baum writes: Obama is great when it comes to platitudes but less adept at outlining the policies needed to achieve those goals. Robert Litan at Bloomberg Government said Obama would like all employers to pay efficiency wages, but does not have an executive order to do that. It is individuals
READ MORE... →Salient to Investors: Jim Rogers says every major central bank is printing money and you cannot have an efficient and strong economy with artificial money printing. The next economic slowdown will be worse than 2008-2009. Read the full article at http://blogjimrogers.blogspot.com/2013/08/the-world-is-floating-on-very-large.html Click here to receive free and immediate email alerts of the latest
READ MORE... →Salient to Investors: US Treasury notes and bonds due in a decade or more fell 13 percent in the period, the biggest loss of 174 debt indexes tracked by Bloomberg and the EFFAS. The Citigroup Economic Surprise Index climbed to the highest level since December 31 2012. Kei Katayama at
READ MORE... →Salient to Investors: DataQuick said home sales priced at over $1 million rose an average of 37 percent in half1, 2013 from a year earlier to the highest level since 2007, and versus 11 percent for houses priced under $1 million. Susan Wachter at Wharton said wealthy purchasers are diving into real estate a
READ MORE... →Salient to Investors: Joseph Carson at AllianceBernstein said: Household finances are in the best shape in decades, and the US is entering a new, stronger growth phase as healthier finances revive borrowing, spur consumer spending, generate business investment and jobs. Household wealth measured by net worth rose to $70.3 trillion in Q1,
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