Salient to Investors: Fareed Zakaria said: China’s economy is nearly 2.5 times that of Japan so even if growth slows substantially, China will continue to have seismic effects on the global economy. Henry Kissinger said Republican candidate China-bashing is dangerous and could create an atmosphere a la Europe before WW
READ MORE... →Salient to Investors: Lee Adler writes: We are in the first leg of a bear market. Markets are neither crazy nor sane, but measure and reflect liquidity. The two official rules are a) the trend is your friend, and b) don’t fight the Fed. Be positive in your coverage of
READ MORE... →Salient to Investors: Miles Hoffman writes: Expect at least a 20% move down, and a seasonally bearish Fall. Bear markets have two phases, and can move down and up sharply. The first is where the leading sector of the prior bull market goes into a bear market, while other sectors
READ MORE... →Salient to Investors: Stocks are most useful for long-term goals so it does not make sense to change your investment strategy based on a blip (sic) of market activity. There is absolutely nothing abnormal going on in the market. Research shows that long-term portfolio performance suffers badly by missing just a few days
READ MORE... →Salient to Investors: Jason Zweig of The Intelligent Investor writes: Don’t join any panic. The market can fall by at least 50% but no one can predict when. Studies show that over time, performance chasing reduces returns by an average of 1.5% per annum; a big bite in a market where the long-term inflation-adjusted
READ MORE... →Salient to Investors: Laszlo Birinyi said: The market is now so dominated by institutional investors, hedge funds and service industries, that sentiment drives prices more than anything else, so predictions based on valuation data going back a hundred years are bound to fail. Recent developments in Amazon, Google, and Chipotle clearly show
READ MORE... →Salient to Investors: Mark Hulbert writes: Investor popularity of greed over fear indicates we are close to a stock market top. At the recent San Francisco Money Show, hundreds of seminars catered to greed, while only a handful catered to managing risk and loss. At market tops greed completely replaces fear as investors’
READ MORE... →Salient to Investors: David Stockman writes: Germany has set fire to the Eurozone in order to save it. Lending another $96 billion to a bankrupt country makes no sense, while the fiscal targets set for Greece are ridiculous. Greece has a de facto public debt of $400 billion vs. $200 billion of GDP. Within days the
READ MORE... →Salient to Investors: Jeff Reeves of InvestorPlace.com writes: Manipulating the markets with high-frequency trading is extremely complicated, hard to track, and even harder to determine violations of laws or regulations. Half of all trading volume in US equity markets supposedly involves high-frequency trading (HFT), which is now a global concern.
READ MORE... →Don’t Worry About the Bull Market; Worry About the Dollar: Richard Bernstein – ThinkAdvisor 06-22-15
Salient to Investors: Richard Bernstein at Richard Bernstein Advisors writes: The bull market is intact. Markets rise after the Fed starts raising as earnings trump rising rates, and there is no end of cycle behavior, like excessive leverage or a big buildup in inventories except for energy. The MSCI European
READ MORE... →