Salient to Investors: CB Insights said social-media companies drew only 2 percent of the venture capital headed to Internet-based enterprises last quarter, versus 6 percent each quarter in the 2-year stretch that ended in mid-2012. Anand Sanwal at CB Insights said big data and cloud companies are grabbing the attention of
READ MORE... →Salient to Investors: Clive Crook writes: The US and advanced economies have not done enough to head off the next financial meltdown. Gain made in safety is likely to be too small even to offset the danger created since the crash by greater concentration in the finance industry. The emerging
READ MORE... →Salient to Investors: Walter “Bucky” Hellwig at BB&T Wealth Mgmt said Intuit’s monthly small-business employment index, which measures hiring at companies with fewer than 20 workers, and Insperity’s average number of work-site employees paid per month at customers both provide an earlier and accurate read on employment trends at small- and
READ MORE... →Salient to Investors: Gary Shilling writes: The fog remains thick, so reducing long positions in Treasury bonds and Japanese stocks and cut yen shorts, euro shorts and dollar long positions. Maintaining long positions in US defensive stocks like utilities and health care. Increased short position in junk bonds and initiated
READ MORE... →Salient to Investors: Fareed Zakaria said: Pakistan is full of Islamic radicals, nuclear weapons, ambitious generals, and corrupt politicians but things are changing. For the first time in its history, an elected government completed a 5-year term, giving way to a new set of democratically elected leaders. Pakistan’s demographics are vibrant. A third
READ MORE... →Salient to Investors: Big banks claim a safer financial system would be bad for the economy because tougher banking rules will squeeze their lending and hold back investment. Markets disagree. On July 9, the day regulators published their proposal, the S&P 500 Index rose 11 points and the 10-yr US T-note held steady. On
READ MORE... →Salient to Investors: Orders for capital goods excluding aircraft and military equipment increased in May, a third consecutive advance and the longest streak since October 2011. The Business Roundtable’s quarterly outlook index rose in Q2 to the highest in a year. Yelena Shulyatyeva at BNP Paribas said investment will pick up
READ MORE... →Salient to Investors: Nouriel Roubini writes: Gold remains Keynes’s ‘barbarous relic,’ with no intrinsic value and used mainly as a hedge against mostly irrational fear and panic. 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: Pankaj Mishra writes: The proliferation of street protests around the world seems to have nothing in common. But why all now? The most common claim is that they are fueled by the rising expectations of a middle class demanding clean, transparent governance, but what kind of democracy
READ MORE... →Salient to Investors: Alexander Friedman at UBS and Kiran Ganesh at UBS Wealth Mgmt write: The dollar’s role as the de facto global currency for more than 6 decades has made Fed monetary policy one of the US’s greatest exports. Up to 60 percent of global transactions are conducted in US dollars, over
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