Salient to Investors: Randall Warren at Warren Financial Service said we need to see good economic reports and good earnings reports later this month for stocks to keep rising. Birinyi Associates says the rally is longer than the average length of bull markets since 1962 of 4 years – 4 of the
READ MORE... →Salient to Investors: David Stockman said: The Fed has flooded equity markets with cash while weakening the Main Street economy and the phony money has created an unsustainable bubble economy that will begin to falter within a few years. When it bursts, there will be no 2008-style bailouts and America will begin an era
READ MORE... →Salient to Investors: David A. Stockman writes: The US is broke – fiscally, morally, intellectually – and the Fed has incited a global currency war that will soon overwhelm it. This latest Wall Street bubble, inflated by phony money from the Fed rather than real economic gains, will burst within a
READ MORE... →Salient to Investors: Prapas Tonpibulsak at Krungsri Asset Mgmt said most governments are trying to boost economic growth and employment, supportive of equity investments. The MSCI Emerging Markets Index is at 10.5 times estimated earnings versus 13.4 for the MSCI World Index. Most developing market companies missed analyst estimates for the last 5 quarters whereas a majority
READ MORE... →Salient to Investors: Laszlo Birinyi at Birinyi Associates says: The S&P 500 rally has a good year to go as investors give up their pessimism and buy. The bull is very much alive given this sort of hesitancy or reluctance instead of acceptance. There is nothing troubling in view unless people start talking
READ MORE... →Salient to Investors: The Scotia Canadian Dividend Fund cut bank holdings by 40 percent from the end of 2011 on concern that lending is slowing as consumers retrench. Fund manager Jason Gibbs at GCIC said there is no question that things are going to slow down and is using the released funds to
READ MORE... →Salient to Investors: Marc Faber of the Gloom, Boom and Doom Report said: Printing money creates bubbles because it doesn’t flow evenly into the economic system but stays in the financial services industry and among people who have access to these funds like the wealthy. The printing press helped inflate
READ MORE... →Salient to Investors: InvesTech Research say it has been 18 months since the S&P 500 had a 10 percent correction. Leuthold Group said only 7 of the 22 bull runs since 1900 have lasted four years; of which 5 lasted at least an additional year. The 1920s bull rose 500 percent over
READ MORE... →Salient to Investors: Axel Weber at UBS said the growth story in Europe is just not there yet, the structural problems are unresolved, and there is some potential for equities to improve particularly for the US. Read the full article at http://www.bloomberg.com/news/2013-03-27/european-stock-index-futures-climb-after-u-s-rally.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Jesper Madsen at Matthews Intl Capital Mgmt said global investors have been seeking dividend-payers to the point where some areas of the market are overvalued, while more cyclical businesses are selling at significant discount. Madsen said Asia is a very fertile environment for yield, as well as being one of
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