Salient to Investors: Share prices for the 10 largest diversified emerging-market ETFs on average were 42.6 percent more volatile than their underlying indexes from May 22 to June 24, when Bernanke triggered the sell-off that sent emerging-market stocks to a 1-year low, while the 5 biggest emerging-market index mutual funds were
READ MORE... →Salient to Investors: After a decade as rock stars, hedge fund managers seem to be fading just as quickly as musicians do. Generating “alpha” is slipping further out of reach. Goldman Sachs said in May that hedge fund performance lagged the S&P 500 index by 10 percent this year, while
READ MORE... →Salient to Investors: Foreclosure auctions surged last month, signaling lenders are preparing to sell a backlog of distressed properties amid rising home prices. RealtyTrac said total US foreclosure filings are the lowest since December 2006. S&P/Case-Shiller report prices for single-family homes in the Miami metro area climbed 13 percent in April from a year earlier,
READ MORE... →Salient to Investors: Crude oil is trading at the highest price relative to gold in more than 4 years. John Stephenson at First Asset Investment Mgmt said oil has real supply and demand dynamics, and there is a strong argument for prices holding up because the US has clearly has
READ MORE... →Salient to Investors: Half2 gold price gains averaged 1.3 percent in the bear market from 1981 to 2000, versus half 1 losses averaging 3.9 percent. Bernard Sin at MKS said the physical trend has always been very seasonal, as physical players are a different breed and always buy on the dip.
READ MORE... →Salient to Investors: Jim Rogers writes: Long bull markets always end in a bubble or mania. We have not seen a bubble in gold. Until recently, you would see “We buy gold” but signs “We sell gold” has not happened yet. Read the full article at http://www.jimrogers.info/2013_07_01_archive.html Click here to receive free and
READ MORE... →Salient to Investors: Share-price targets are rising at the fastest rate in two years. Bulls say the economy may gather enough momentum to expand on its own. Bears say price appreciation without profit gains shows declines are inevitable. Joseph Tanious at JPMorgan Funds says there’s a tight relationship between confidence
READ MORE... →Salient to Investors: Mark Buchanan writes: Throw a dice: If you get a six, you win $10; if not, you lose $1. Over many gambles, your average profit works out to about 83 cents. However, if when you get six you win 10 times your total current wealth, but anything
READ MORE... →Salient to Investors: Jim Rogers says: Avoid gold mining stocks because miners face stiff competition, and there are now many easier ways to own gold – coins, ETFs, ETNs, futures. Gold will bottom in 2014 or 2015 because eventually prices below the cost of production will cause tightness in supply
READ MORE... →Salient to Investors: Binky Chadha at Deutsche Bank said the market had been pricing in that the Fed would normalize rates much more slowly than it has done historically, and the shock has spilled over across all of the asset classes. The World Bank said the world economy will expand 2.2 percent
READ MORE... →