Salient to Investors: Zanny Minton Beddoes at The Economist said: The economy’s fundamental drivers, particularly rapid technological change, means that the rewards disproportionately go to the top. The latest IMF research suggests that you get stronger and more lasting economic growth in societies that are more equal. The last time
READ MORE... →Salient to Investors: Paul Ashworth at Capital Economics said: The 1.3 million private-sector jobs created in half1 2014 paid an average of $867 a week versus $843 per week for the existing 117 million private-sector jobs. Mining, construction and business-services companies – which traditionally pay more than the average – are increasingly
READ MORE... →Salient to Investors: Spending on lodging, office, commercial and manufacturing buildings grew 5.6 percent in April, the slowest pace in almost 2 years. Kermit Baker at the American Institute of Architects said this type of construction normally exhibits late-cycle growth because the design and building process may take several years, while activity
READ MORE... →