Fareed Zakaria GPS – CNN 06-02-13

Fareed Zakaria said: The great American housing market is back as the Case-Shiller housing index showed its largest annual increase in prices in seven years, showing its core character: flexibility and resilience. The US is the only rich country whose population is growing, increasing by 3 million people every year,

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David Stockman: We’re Blind to the Debt Bubble – PBS Newshour 05-30-13

Salient to Investors: David Stockman said: The baby boom generation has unfairly benefited from bubble-finance, a 30-year explosion of debt which created temporary but unsustainable economic prosperity, and a financialization of the system through lower and lower interest rates that has massively rewarded speculation but not real investments. $60 trillion

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Volcker Cautions Federal Reserve May ‘Fall Short’ – Bloomberg 05-29-13

Salient to Investors: Paul Volcker said: The Fed will fall short by being asked to meet price stability and full employment – a mandate both operationally confusing and ultimately illusory. Asking too much is accommodating misguided fiscal policies, dealing with structural imbalances, to square continuously the hypothetical circles of stability, growth

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Obamacare Competition Has Roots in Economist’s Passion – Bloomberg 05-29-13

Salient to Investors: Leemore Dafny’s examination of health-insurance markets is said to have helped mold the state and federal exchanges that are central to Obamacare’s 2010 health-care law. Her 2010 paper in the American Economic Review found that a lack of competition in insurance markets drives up premiums, that insurers charge more

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Rosengren Says Significant Fed Accommodation Still Needed – Bloomberg 05-29-13

Salient to Investors: FRB of Boston President Eric Rosengren said: Significant accommodation remains appropriate and warned that inflation could impair growth should it decline further. It may be undesirable to abruptly stop purchases: better a modest reduction in the pace of asset purchases when we see a gradual improvement in labor markets and the

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OECD Forecasts Global Economy to Recover Next Year: Economy – Bloomberg 05-29-13

Salient to Investors: Pier Carlo Padoan at OECD said: Global economic growth will accelerate at multiple speeds in 2014 with both the US and Japan continuing to outpace the euro area. Rising unemployment is the most pressing challenge and euro countries with trade surpluses such as Germany need to allow wages to rise Reform fatigue is mounting

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