Salient to Investors: A. Gary Shilling at A. Gary Shilling & Co. says 5 of the 7 varieties of deflation are present in the US economy. Commodity price deflation will continue as oversupply continues to swamp demand amid weak global growth and a hard landing in China, which remains export-driven. The slow global
READ MORE... →Salient to Investors: Paul Farrell writes: We are at a market top and an economic turning point. Bernanke’s non-stop cheap-and-easy-money printing presses are loved by Wall Street banks but are bad for the rest of America. His reappointment – certain to become Obama’s greatest domestic blunder – so shocked Nassim Taleb
READ MORE... →Salient to Investors: Masahiro Koshiba at United Managers Japan said investors who had written off Japan are finally starting to take a look at it again. David Baran at Symphony Financial there is a lot of idle cash looking for what has not performed and is still cheap. Farhan Mumtaz
READ MORE... →Salient to Investors: The MSCI Emerging Markets Index is up 22 percent since its October 2011 low versus the 33 percent advance for the MSCI World Index – the first time since 1998 they have underperformed during a global rally. Bulls say emerging markets will lead the next stage of the global rally
READ MORE... →Salient to Investors: Jay Pelosky at 2Z Advisory says investors should focus first on where there is flexibility by policy makers, and the best places to invest in order are: Japan has twin engines of fiscal and monetary policy. UK government has made it clear they will not move off austerity but
READ MORE... →Salient to Investors: Grace Tam at JPMorgan Asset Mgmt said nobody knows what will happen next, but Cyprus is something we have already seen happening in Europe, so are not concerned. The MSCI Asia Pacific Index is at 14.9 times estimated earnings versus 14.1 for the S&P 500 and 12.7 for the Stoxx
READ MORE... →Salient to Investors: University of St. Gallen economists found that nations that pushed the EU to probe China for product dumping later secured greater trade with her. Lead author Simon J. Evenett said in the last decade, France and Germany made 51 protests, and Italy 41. Trade missions and visits by government ministers to China boosted exports. Michael
READ MORE... →Salient to Investors: The majority of companies surpassed their previous highs by April 2011. 59 percent of S&P 500 stocks have exceeded their previous records set before the Index peaked in 2007. Unlike past bull markets, where a single industry dominated, all groups have improved in this rally. None of the
READ MORE... →Salient to Investors: Eric Thorne at Bryn Mawr Trust said we have not seen any major resolution to Europe, yet stocks ignore what’s going on there and reach all-time highs anyway. LEELAMARCUM.COM/IMAGES/ Witold Bahrke at PFA Pension A/S said Europe is in desperate need for growth, but today’s bad PMI is signaling a
READ MORE... →Salient to Investors: Angelo Zino at S&P Financial Services said there is no way the Suntech shareholders are going to get anything. Zino said a host of companies have gotten billions of dollars from Wall Street investors, who will ultimately get nothing. Risks to investors in solar have spread after the collapse
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