Salient to Investors: Frederic Tassin at Aviva Investors expects the economic surprise for 2014 to be on the upside, is optimistic on Europe and is finding many opportunities in terms of valuations in equities. The European equity index is at 14.1 x projected earnings versus 15.6 x for the S&P
READ MORE... →Salient to Investors: Nigel Gault at IHS Global Insight said the drop in GDP in Q4 2012 was driven by temporary corrections in defense spending and inventories and is not a harbinger of recession – expects 2 percent growth in Q1 2013. Mark Zandi at Moody’s Analytics said the expansion will remain on course thanks
READ MORE... →Salient to Investors: International purchases of U.S. stocks, bonds and other financial assets were more than twice as much as forecast in November as investors sought shelter from a global economic slowdown. Millan Mulraine at TD Securities sees further inflows. The World Bank projects the world economy to grow 2.4 percent in 2013 versus a June
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