Salient to Investors: Michael T. Snyder writes: The US economy is slowing down – freight volumes and expenditures are way down, consumer confidence is down sharply, major retail chains are closing hundreds of stores, the sequester threatens to bring austerity. gas prices are rising rapidly, corporate insiders are dumping massive
READ MORE... →Salient to Investors: Jim Rogers says: Central bank printing unlimited amounts of money is spreading even to Japan and Germany and Europe and has never been good for anyone. Printing money is artificial and ends eventually. Germany will have a lot of good news ahead so that Merkel can win
READ MORE... →Salient to Investors: OMB predicts yields on 10-yr Treasuries will rise to average 4.1 percent in 2015 and 4.9 percent in 2017 as the economy expands at a 4 percent rate in half2 of Obama’s term. The bond market indicates the yield will average below 3 percent two years from now,
READ MORE... →Salient to Investors: Ian Lyngen at CRT Capital said the data suggests the recovery continues to edge along. Investors continue to buy US government debt as a refuge against a renewal of turmoil in global financial markets and concern the US recovery may falter. Thomas di Galoma at Navigate Advisors said anytime
READ MORE... →Salient to Investors: 20 analysts expect gold prices to fall next week, 11 to rise, 3 neutral – the highest proportion of bears since Dec. 30, 2011. Gold is below its 200-day moving average, indicating more declines may follow. Gold fell in March in 6 of the last 9 years. Hedge
READ MORE... →Salient to Investors: Meghan O’Sullivan at Harvard writes: Many analysts anticipate North American energy independence by 2020, while our rising energy fortunes strongly counter the now-common global narrative that the US is in decline. Europe, China, Japan and other large economies face futures of ever-growing dependence on imported energy. montaukplayhouse.org/www/ The
READ MORE... →Salient to Investors: Caroline Baum writes: The Fed buys risk-free Treasury securities, depressing yields, while the public is goaded into buying riskier assets, such as stocks and corporate bonds. Businesses financing with equity have more money to invest, while consumers feel wealthier and spend. quick paydayloan The Fed hopes money will
READ MORE... →Salient to Investors: Richmond Fed researchers estimate that at the end of 2011, 57 percent of financial sector liabilities benefited from perceived government support, versus 45 percent over a decade ago. FRB of Richmond President Jeffrey Lacker said: The financial system was weakened further in 2007 and 2008 by an ambiguous rescue
READ MORE... →Salient to Investors: The MSCI World Index dividend yield of 2.7 percent compares with the Bank of America Merrill Lynch Global Corporate Index bond yield of 2.6 percent and the Barclays Global High-Yield Index yield of 6.1 percent -the gap with the junk-bond index is the narrowest since at least 1995. Jacob de Tusch-Lec at
READ MORE... →Salient to Investors: China surpassed the US to become the world’s biggest trading nation in 2012. Jim O’Neill at Goldman Sachs said China is becoming rapidly the most important bilateral trade partner for many countries – Germany may export twice as much to China by the end of the decade as it does
READ MORE... →