Salient to Investors: The S&P 500 Index return in 2013 is tracking day-to-day price moves in 1954 almost identically – a correlation coefficient of 0.95. In 1954 the S&P 500 rose a record 45 percent to reach a new high for the first time since 1929. Jim Paulsen at Wells
READ MORE... →Salient to Investors: Markit reports US hedge funds were short 2.4 per cent of shares, close to an all-time low. Only 6 companies reporting earnings this week have more than 3 per cent of their stock sold short. In Europe’s Stoxx 50 index of top companies, it is only 2. HFR
READ MORE... →Salient to Investors: Jim Rogers said: I am long oil, gold etc which will go much higher if there is going to be a war – it sounds like they want one. Stocks will go down, some are already falling, commodities will rise. Read the full article at http://blogjimrogers.blogspot.com/2013/09/jim-rogers-owns-oil-gold.html Click here to
READ MORE... →Salient to Investors: fast cash loans with bad credit Karl Denninger writes: The pattern is nearly identical to that at the beginning of 2008. Debt continues to rise, and the biggest growth area remains the federal government. The sharp change in debt and GDP over the last few quarters is identical to
READ MORE... →Salient to Investors: Nouriel Roubini at NYU writes: The rout in the emerging market asset classes is past midway but more is ahead as the recovering West points to Fed tapering. Many stages in the shift in the US and global monetary and financial conditions are to come within the
READ MORE... →Salient to Investors: Don Hodges at Hodges Funds said the noise is disruptive to people doing anything with great confidence, and any market this strong over the last few weeks is capable of a pullback that shakes people a little. A Bloomberg poll counted 44% expecting the economy to remain
READ MORE... →Salient to Investors: The Templeton Frontier Markets Fund closed its fund to new money, as record cash inflows turned frontier markets into the world’s best performers in 2013 – the MSCI Frontier Markets Index is up 13 percent in 2013 versus a 4.6 percent drop in the MSCI Emerging Markets Index.
READ MORE... →Salient to Investors: Jim Rogers writes: Renminbi globalization is good for all China because it means every investor worldwide can invest there, bringing great market opportunities to China’s commodities. China will become the world’s center for commodity transactions and its financial market will be the best in the world.The US
READ MORE... →Salient to Investors: Jeremy Grantham at GMO said: Commodity prices fell for a hundred years by an average of 70 percent, and then from 2002 basically everything tripled and regained the whole decline in 6 years – tobacco was the only commodity that fell. The game changed because of the
READ MORE... →Salient to Investors: Philip Dicken at Threadneedle Asset Mgmt said the lack of tapering was a real surprise and signals that if the Fed is worried about growth it will not taper, and that is another net positive for European equities, where life is getting incrementally better. Dicken said whereas
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