Salient to Investors: Nicola Marinelli at Glendevon King said there is nothing new scaring the market, but most people have been long after the summer and that has paid well and having had a very good year they do not want to risk that performance in the last few weeks
READ MORE... →Salient to Investors: Outside buyers invested $125 billion in Japanese stocks in 2013 through November, passing the previous highest total in 2005, which preceded a 1.9 percent increase for the Topix in 2006. November net purchases were the highest since April. Wayne Bowers at Northern Trust said Abe’s policies will
READ MORE... →Salient to Investors: Jim Rogers said global money printing and spending could continue for a while so don’t expect a crash anytime soon, though markets could correct for a while. Congress has moved the debt ceiling and are afraid to do anything about it. Read the full article at http://jimrogersonthemarkets.blogspot.com/2013/12/i-cannot-see-crash-anytime-soon.html Click here
READ MORE... →Salient to Investors: Lewis Braham writes: Contrarian funds can be a hedge of sorts, though a potentially volatile one as out-of-favor sectors tend to be cyclical and prone to booms and busts. Shorting is inherently dangerous as markets have been trending higher. Brian Singer at William Blair Macro Allocation Fund
READ MORE... →Salient to Investors: Bill Luby at Luby Asset Mgmt said people are back to pricing in no big surprises until the beginning of 2014. The median economist expects the Fed to wait until March to taper. Eric Augustyn at Wells Fargo Private Bank said tapering will be very gradual and
READ MORE... →Salient to Investors: Nine of every 10 stocks in the S&P 500 are set to end the year in positive territory. Only 2 in 5 US bond funds have broken even for investors. Almost anything associated with gold has lost money. The best performing US large-cap stock is Fannie Mae,
READ MORE... →Salient to Investors: Joseph Baratta at Blackstone said: The stock market rally may last 2 more years with compound annual growth of 8% to 10%, as long as the Fed provides support. Equity markets are not overvalued when measured by the prices buyout firms are paying for companies. US economic
READ MORE... →Salient to Investors: Barry Ritholtz says that since 1897: Double-digit gains occurred in 75% of the positive years and single-digit gains occurred 25% of the positive years. 20 percent or greater gains occurred in 29 percent of the years. Read the full article at http://www.bloomberg.com/news/2013-12-05/bull-or-bubble-ritholtz-chart-.html Click here to receive free and
READ MORE... →Salient to Investors: Richard Koo at Nomura Research Institute said: Abenomics is finally addressing Japan’s fundamental economic problem: getting households and businesses to borrow. In this balance-sheet recession, consumers preferred to aggressively pay down debt instead of spending following the burst of the asset price bubble in the early 1990s. Companies
READ MORE... →Salient to Investors: Hedge funds returned 7.1 percent in 2013 through November versus the 29.1 percent return of the S&P 500 Index, with reinvested dividends, and are headed for their worst annual performance relative to US stocks since at least 2005 and underperforming for the fifth year in a row.
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