Salient to Investors: Nouriel Roubini at NYU says gold may fall toward $1,000 by 2015 as the economic recovery curbs demand for bullion, there is a lack of inflation, and other assets such as equities offer better returns. Roubini said investors should have a very modest share of gold and other real
READ MORE... →Salient to Investors: John Lynch at Wells Fargo Private Bank said ISM was decidedly negative, and bad news can only be good news for so long for stock prices – at some point it will impact earnings and market levels. Sam Stovall at S&P said the rally and strong start to
READ MORE... →Salient to Investors: Sameer Samana at Wells Fargo Advisors said you are seeing some risks come back and the Turkish turmoil shows some of the risks in emerging markets. Read the full article at http://www.bloomberg.com/news/2013-06-03/emerging-stocks-drop-to-six-week-low-as-philippine-shares-slump.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: OECD predicts faster global economic growth, led by the US and Japan: growth in member countries will accelerate to 2.3 percent in 2014 from 1.2 percent in 2013, China, will grow 8.4 percent in 2014 after growth of 7.8 percent in 2013. Neil Mackinnon at VTB Capital
READ MORE... →Salient to Investors: Marc Faber at the Gloom Boom & Doom Report says: High-end assets from stocks to art to real estate are in a bubble caused by central bank money-printing. This money doesn’t increase economic activity and asset prices in concert, instead creates dangerous excesses in countries and asset
READ MORE... →Salient to Investors: Jeffrey Hirsch at the Stock Trader’s Almanac writes: Three main seasonal and cyclical patterns have stood the test of time: the 4-year Presidential Election/Stock Market Cycle, the Best 6 Months Switching Strategy and January’s basket of indicators and trading strategies. Caveat. History never repeats itself exactly. 1.
READ MORE... →Salient to Investors: Bob Rice at Tangent Capital writes: Despite negative headlines, sophisticated institutions keep adding to their $2 trillion invested in hedge funds. Benjamin Graham devised a way to make money regardless of market direction by buying a stock he liked, and simultaneously selling short one he didn’t. Over the
READ MORE... →Salient to Investors: Joseph Tanious at JPMorgan Funds said everyone is trying to figure the Fed – strong data reinforces the Fed message of the past few weeks and justifies the tapering of QE, while weak data makes people think the Fed is going continue QE a bit longer, with
READ MORE... →Salient to Investors: David Stockman said: The baby boom generation has unfairly benefited from bubble-finance, a 30-year explosion of debt which created temporary but unsustainable economic prosperity, and a financialization of the system through lower and lower interest rates that has massively rewarded speculation but not real investments. $60 trillion
READ MORE... →Salient to Investors: Soichiro Monji at Daiwa SB Investments said selling is feeding into more selling on underlying concern about the Fed’s early exit. Angus Gluskie at White Funds Management said it is difficult for the market to keep rallying as further moves from Japanese equities need to be fundamentally driven. Ng Soo Nam
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