Salient to Investors: Share-price targets are rising at the fastest rate in two years. Bulls say the economy may gather enough momentum to expand on its own. Bears say price appreciation without profit gains shows declines are inevitable. Joseph Tanious at JPMorgan Funds says there’s a tight relationship between confidence
READ MORE... →Salient to Investors: Matthew Peron at Northern Trust said the strong jobs report is good for equities because it’s supportive for earnings growth, and we know this is not going to be a terrific earnings season. Peron said the focus will be on guidance and now is the time for the
READ MORE... →Salient to Investors: Jim Rogers says international investors prefer open, exciting and dynamics places. Malaysia has opened up and is one of the most attractive, with huge reserves, abundant natural resources. Read the full article at http://www.jimrogers.info/2013_07_01_archive.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Brian Jacobsen at Wells Fargo Advantage Funds maintains an overweight rating on tech stocks because their gains show a “hand off” is starting, as investors move into industries that could outperform benchmarks later in the economic expansion. Jacobsen says higher interest rates historically bode well for tech stocks,
READ MORE... →Salient to Investors: Binky Chadha at Deutsche Bank said the market had been pricing in that the Fed would normalize rates much more slowly than it has done historically, and the shock has spilled over across all of the asset classes. The World Bank said the world economy will expand 2.2 percent
READ MORE... →Salient to Investors: Paul B. Farrell writes: 2014 is a virtually guaranteed disaster just waiting to ignite. Bubbles are everywhere. Kit Juckes at Societe Generale says all three worldwide financial bubbles in the last three decades – The Asian Bubble in the early ‘90s, Dot-com Bubble of the late ‘90s
READ MORE... →Salient to Investors: Jeffrey Lacker at FRB of Richmond said Financial markets will remain volatile as policy makers debate tapering, part of the process of incorporating new information into financial asset prices. Reaction to Bernanke’s comments is evidence that they had built-in expectations of more asset purchases than I think the
READ MORE... →Salient to Investors: Alexander Friedman at UBS says: What Fed has done is not unexpected and the market reacted because it was ahead of itself. All the Fed was saying was that the US is doing OK, that the data is trending as it should, and that it has confidence
READ MORE... →Salient to Investors: Robert Pavlik at Banyan Partners said the message various Fed governors are trying to send is no clearer than what was talked about by Bernanke last week, and sees no reason to buy on the pullback, and since there was not much follow through at least on the
READ MORE... →Salient to Investors: Jason Zweig writes: Good advice rarely changes, while markets change constantly. People need good advice, but want advice that sounds good. The advice that sounds the best in the short run is always the most dangerous in the long run. Everyone wants the magical low-risk, high-return investment
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