Salient to Investors: EPFR Global data showed global equity funds attracted the largest inflows since at least 2005 last week. Wellian Wiranto at Barclays expects further inflows given that appetite has stabilized quite significantly and tapering was postponed, while it is s hard to see tapering in October. Wiranto said
READ MORE... →Salient to Investors: Tim Hartzell at Sequent Asset Mgmt said the underlying data may turn weaker despite 5 years of easy money, and stocks are dependent on this monetary stimulus. Economists predict the US will expand 1.6 percent in 2013 and 2.7 percent in 2014. 24 of 41 economists expect
READ MORE... →Salient to Investors: Win Thin at Brown Brothers Harriman said the knee-jerk buying of emerging-markets stocks has run out of steam for now, but tapering still looms. Joseph Lavorgna at Deutsche Bank Securities said the Fed will likely begin tapering in December and end QE by mid-2014 and increase its
READ MORE... →Salient to Investors: Ray Bakhramov at Forum Global Opportunities Fund said: What we have seen so far is just a preview as a bottoming in any asset class typically takes 4 years. The combination of slower growth and Fed tapering will accelerate redemptions, triggering a slump for stocks, debt and
READ MORE... →Salient to Investors: Jim Reid et al at Deutsche Bank said: Returns on 10-yr Treasury notes adjusted for inflation were an annualized 4.5 percent in the 100 years before the Fed and under 2 percent in the 100 years after the Fed was born in 1913, while the return on
READ MORE... →Salient to Investors: Mohamad Nasir Ab. Latif at EPF, Malaysia’s largest pension fund, said they were net buyers of Malaysian stocks during recent declines as foreign investors cut their holdings, and are looking at real estate in Europe and the US to diversify risk. The fund also plans to raise
READ MORE... →Salient to Investors: The MSCI Emerging Markets Index RSI touched 70, the level that signals a security is poised to decline. The last time it touched 70, on January 14, 2013, was followed by an 18% drop in 5 months. The Index breached its upper Bollinger band on Sept. 10,
READ MORE... →Salient to Investors: Jerry Haworth at 36 South Capital Advisors LLP said: payday loans for people with prepaid debit cards He has increased volatility investments to 90 percent of assets from 50 percent at the beginning of the year fluctuations in markets including currencies, commodities and equities. Central banks have
READ MORE... →Salient to Investors: Stanley Druckenmiller said: If the Fed were to end QE it would be a big deal for the financial markets, as indicated by the sell-off in bonds and emerging markets in the past few months on the mere hint that the Fed might taper. Fed purchases have subsidized all
READ MORE... →Salient to Investors: A Bloomberg poll of investors, analysts and traders showed: 40% see the euro-area economy as improving, more than 4 times the number in May 40% see the world economy as strengthening, the most since January 2011. 52% expect stocks to produce the best return over the next
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