Salient to Investors: Jim Rogers said: Prefers the Japanese market, down 60 or 70 percent from all time highs. to the US which is at all time highs. Abe has no constraints, can spend and print as much as he wants. Like Russia’s very depressed stock market. Russia is hated more
READ MORE... →Salient to Investors: David Kelly at JPMorgan Funds said the Fed looks justified in continuing to taper given economic momentum and recent sharp declines in the unemployment rate. Kelly said assuming the volatility in emerging markets subsides, this economic report should bolster the case for both higher interest rates and
READ MORE... →Salient to Investors: Paresh Upadhyaya at Pioneer Investment Mgmt said January was definitely a surprise for investors. Neil Azous agreed. Fixed-income assets worldwide posted their biggest January returns since 2008, while equity prices fell the most since 2010. Gold is rallying. Joseph Quinlan at US Trust Bank of America said this
READ MORE... →Salient to Investors: Jeremy Siegel at Wharton said: No bull market rises in a straight line so this is a correction only and typical of a market climbing a wall of worry. Dow headed to 18000 by year-end. Fair market value is $18000 as the S&P 500 has sold for an
READ MORE... →Salient to Investors: Jim Rogers said: The unknown wild card is what happens when central banks cut back. The Fed will cut back until markets around the world start falling, and get scared when they are down 15 or 20 percent and start printing money again. This will eventually lead
READ MORE... →Salient to Investors: Liz Ann Sonders at Charles Schwab said: The secular bull market is intact as valuation and sentiment are supportive – this bull market will be the best is our lifetime. US businesses are sitting on huge cash levels not seen since WWII and we will see
READ MORE... →Salient to Investors: The stock market is massively overvalued based on multiple measures due to crony financial leverage that has created wealth inequality that is now the worst we have seen during multiple generations. The PE ratio of the S&P 500 is 24.9, or 80 percent higher than the historical
READ MORE... →Salient to Investors: Tom Bowley at Invested Central/EarningsBeats.com writes: Market technicals have slowly deteriorated with the highly influential banking industry reversing hard last week with a long-term negative divergence present on its weekly chart. Longer-term momentum on the buy side is slowing. The latest rally in the S&P 500 actually
READ MORE... →Salient to Investors: Terry Sandven at US Bank Wealth Mgmt expects a period of consolidation in a sideways trending market with earnings front and center. 62 percent of 52 S&P 500 Index companies so far reporting Q4 results have exceeded estimates, and 63 percent have exceeded revenue estimates. Analysts predict
READ MORE... →Salient to Investors: Jim Rogers said contrary to the hype from Wall Street and the press, stocks do not always go up – there are long periods when they do nothing and other investments are better. Read the full article at http://jimrogers-blog.blogspot.com/2014/01/stocks-do-not-always-go-up.html Click here to receive free and immediate email alerts
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