Salient to Investors: Catherine Yeung at Fidelity Investment Mgmt is advising calm, adding that profits are rising and shares just got a lot less expensive as being a contrarian and buying when things seem bad is often a good thing. Goldman Sachs to AMP Capital Investors and JPMorgan Chase are
READ MORE... →Salient to Investors: Gary Dugan at Coutts & Co. said the stronger yen is probably the main driver of the bigger declines in Japanese stocks, and investors are locking in profits as they back away from equities. Coutts said the yen halted its slide and started to strengthen, potentially curbing company profits. Sumitomo Mitsui
READ MORE... →Salient to Investors: Angus Gluskie at White Funds Mgmt said people are alert to some of the risks in China and some emerging economies, but very few people are concluding that it is going to run away too far. 51 percent of the 195 MSCI Asia Pacific Index companies reporting
READ MORE... →Salient to Investors: The S&P 500 is down 4.1 percent in 2014, its worst start to a year since 2009. Of the S&P 500 companies: Almost 160 were below their 200-day moving average last week, more than any time in 2013 86 stocks set 1-yr highs when the index hit
READ MORE... →Salient to Investors: Paul Krugman said weak emerging markets are the downside of the mad rush by investors for return in an economic environment that was very poor due to weak economic performance in developed markets. When the amount people want to save exceeds the volume of investments worth making
READ MORE... →Salient to Investors: Jim Rogers said: Prefers the Japanese market, down 60 or 70 percent from all time highs. to the US which is at all time highs. Abe has no constraints, can spend and print as much as he wants. Like Russia’s very depressed stock market. Russia is hated more
READ MORE... →Salient to Investors: David Kelly at JPMorgan Funds said the Fed looks justified in continuing to taper given economic momentum and recent sharp declines in the unemployment rate. Kelly said assuming the volatility in emerging markets subsides, this economic report should bolster the case for both higher interest rates and
READ MORE... →Salient to Investors: Paresh Upadhyaya at Pioneer Investment Mgmt said January was definitely a surprise for investors. Neil Azous agreed. Fixed-income assets worldwide posted their biggest January returns since 2008, while equity prices fell the most since 2010. Gold is rallying. Joseph Quinlan at US Trust Bank of America said this
READ MORE... →Salient to Investors: Jeremy Siegel at Wharton said: No bull market rises in a straight line so this is a correction only and typical of a market climbing a wall of worry. Dow headed to 18000 by year-end. Fair market value is $18000 as the S&P 500 has sold for an
READ MORE... →Salient to Investors: Jim Rogers said: The unknown wild card is what happens when central banks cut back. The Fed will cut back until markets around the world start falling, and get scared when they are down 15 or 20 percent and start printing money again. This will eventually lead
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