Salient to Investors: William D. Cohan writes: Senators Elizabeth Warren and John McCain are wrong in believing that the 2008 financial crisis was caused by commercial banks taking undue risks with depositors’ money, though it is true that they courted too much risk, Causes of the financial crisis were many and
READ MORE... →Salient to Investors: Nouriel Roubini writes: We have entered the ‘New Abnormal’ so investors should be prepared to be surprised – nothing has really come to rest. Read the full article at http://drnourielroubini.blogspot.com/2013/07/be-sure-your-seat-belt-is-securely.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Ioan Smith at KCG Europe said Bernanke in the end said nothing new. Henk Potts at Barclays continue to believe the US will lead the global economic recovery, saying the US corporate picture remains incredibly bright and recommends investors be overweight equities. Read the full article at http://www.bloomberg.com/news/2013-07-19/european-stocks-rally-for-fourth-week-on-china-bernanke.html
READ MORE... →Salient to Investors: Nouriel Roubini writes: There is a huge gap between sentiment on Wall Street and main street. Read the full article at http://drnourielroubini.blogspot.com/2013/07/huge-gap-between-sentiment-on-wall.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: The median forecast in a Bloomberg survey called for a 0.2 percent gain in GDP in the next the next 3 to 6 months. Kenneth Kim at Stone & McCarthy Research uncertainties for businesses are more limited going forward. Ken Goldstein at the Conference Board said some
READ MORE... →Salient to Investors: Baby boomers are retiring at the worst time in a generation or more, as bond yields and stock dividends have tumbled to 2 percent, and the cohort never saved like their parents and grandparents. Pension plans have largely disappeared from the private sector, home values are the
READ MORE... →Salient to Investors: Jeremy Siegel at Wharton said: The start of tapering in September is already baked into bond and stocks prices and won’t stop stocks rising to between Dow 16,000 and 17,000 by year-end and 17,000 or more in 2014 as long as earnings continue to beat expectations at
READ MORE... →Salient to Investors: Argutori writes: The financial markets are due for a correction. Volatility in the financial markets will spike before the end of 2013 because: Volatility can’t go much lower. Historically, when the VIX has dropped below 15 the S&P 500 tends to fall as well. Over the past
READ MORE... →Salient to Investors: Caroline Baum writes: For the past two months, the Fed has been doing everything in its power to depress long-term interest rates. The Fed seems to talk as if they can send rates tumbling again. They can’t. The problem is the underlying message, not communication. The US economy is gradually
READ MORE... →Salient to Investors: The FRB of San Francisco says: Normal wage models do not apply during and after recessions. In the last 3 US recessions, wages held steady or did not decline by very much, despite spikes in unemployment, during the downturns, and then as the economy recovered and unemployment fell,
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