Salient to Investors: Laurence D. Fink at BlackRock said we have not seen any large major change in attitude in bonds are not seeing the same investor appetite for long-dated bonds, which will persist for some time. Fink sees no evidence of a large-scale rotation into stocks from bonds as global and high-yield
READ MORE... →Salient to Investors: Witold Bahrke at PFA Pension A/S said overall market sentiment is still driven by two forces: disappointing macro data and abundant liquidity – last week, liquidity won, this week, disappointing macro data seems to be the winner. The VIX moves in the opposite direction to the S&P 500 about 80
READ MORE... →Salient to Investors: Capitulating bears and overseas buyers are drowning out every other concern for American stocks. Bulls say U.S. shares are becoming less vulnerable to global shocks and will keep rallying as skepticism eases among professional investors. Bears say indiscriminate buying shows the rally is in its last stages
READ MORE... →Salient to Investors: Nader Naeimi at AMP Capital Investors said China is heading toward slower growth than in the past decade, which means less demand for commodities, and has reduced equity exposure in the short-term. Naeimi says the market needs to correct at least 10 percent. The MSCI Asia Pacific Index is at
READ MORE... →Salient to Investors: Brian Jacobsen at Wells Fargo Advantage Funds sees this as a buying opportunity – the sell-off is overdone, profits are growing which is the foundation for longer term of the overall equity markets. Paul Joseph Garcia at BPI Asset Mgmt said this could be a buying opportunity as strong
READ MORE... →Salient to Investors: Will Bertsch at BMO Capital Markets said all the sectors leading the market down are commodity-backed in some fashion, while today the sharp rise in ETF trading volume shows investors putting on hedges. Jeffrey Sica at SICA Wealth Mgmt said commodities can’t appreciate without China being strong
READ MORE... →Salient to Investors: A confluence of economic forces is likely to continue to produce good times for the biggest American companies — and the stock market — even if growth, as expected, slows in the coming months. Investors are focusing on prospects for healthier growth late in 2013 and into
READ MORE... →Salient to Investors: Steven Hansen at Econinterest writes: The positive reaction by the market to the FOMC minutes effectively disproves the theory that a withdrawal of QE is necessarily market negative. QE is not the only dynamic, or even the driving dynamic, in the market rally – other dynamics include inflows
READ MORE... →Salient to Investors: Rex Macey at Wilmington Trust Investment Advisors said investors out of the market and the nervous are starting to feel it’s safe to go back in the water, that there is a recession around the corner. Macey expects earnings surprises to the upside. Ryan Larson at RBC Global Asset
READ MORE... →Salient to Investors: Seth Masters at Bernstein Global Wealth Mgmt says: Bubbles today are driven by fear and investors’ desire for safety versus greed and recklessness in the past. Supposed safe havens of gold, bonds and dividend-paying stocks are dangerously overpriced. Over the past 5 years more than a trillion
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