Salient to Investors: Americans are facing a retirement crisis. Half say they can’t afford to save for retirement, while one-third say they have no retirement funds. Brooks Hamilton says you will need 10 to 15 times your income at retirement to be OK, which means you have to save more, and get
READ MORE... →Salient to Investors: JPMorgan Chase said that from June 2010 through 2012, the positive correlation between developed and emerging- market equities daily performance was 89.6 percent, but in 2013 there is a negative correlation of 60.3 percent as emerging-market stocks slumped. Andres Garcia-Amaya at JPMorgan said emerging markets could continue to
READ MORE... →Salient to Investors: Alan Higgins at Coutts expects another 7 to 10 percent on equities worldwide in 2013. Greg Fuzesi at JPMorgan said today’s PMI makes an ECB rate cut more likely, and expects one in June. Read the full article at http://www.bloomberg.com/news/2013-04-23/european-stock-futures-rise-stmicro-michelin-may-move.html. Click here to receive free and immediate email alerts of the
READ MORE... →Salient to Investors: Foreigners bought $292.1 million more of Indian stocks than they sold last week, the most since the period ended March 15. Net inflows in 2013 are $10.6 billion, the second-largest amount among 10 Asian markets tracked by Bloomberg, behind Japan. James Thom at Aberdeen Asset Mgmt said India
READ MORE... →Salient to Investors: Michael Purves at Weeden said the markets are starting to process softening economic news and a correction. 72 percent of the 111 S&P 500 companies so far reporting have beaten earnings estimates. Thomas Nyheim at Christiana Trust said housing is showing modest improvement. William C. Dudley at
READ MORE... →Salient to Investors: Mark Mobius at Templeton Emerging Markets is holding and buying Macau gambling stocks as Macau will gain from expanding family entertainment and become China’s premier destination for leisure and entertainment. Read the full article at http://www.bloomberg.com/news/2013-04-23/mobius-says-macau-casinos-to-expand-on-family-push.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: American companies are the 5 biggest in the world for the first time since the end of 2004 – Exxon , Apple, Google, Berkshire Hathaway, and Wal-Mart . PetroChina, which was one of 3 Chinese stocks in the top 5 last year, has slipped to No. 6. 26 of the world’s
READ MORE... →Salient to Investors: Kenji Shiomura at Daiwa Securities said US housing starts are welcome after several disappointing economic reports, and today’s market advance is bigger than expected and investors on the sidelines are definitely looking to buy on dips. Ichiro Yamada at Fukoku Mutual Life Insurance said expectations for BOJ
READ MORE... →Salient to Investors: Michael Franzese at ED&F Man Capital Markets said stocks are falling because everyone seems to see panic in the central banks when people thought there would be growth – a reversal of the beginning of the year when people thought higher rates were on the horizon, but there
READ MORE... →Salient to Investors: Kevin Caron at Stifel Nicolaus cites the slowing down in earnings improvement, so stocks need to pause as investors recognize that estimates are too high, or we need genuine economic improvement to justify stock valuations. 69 percent of the 55 S&P 500 stocks so far reporting have
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