Cash Is Trash? Not To These Value Fund Managers – Bloomberg 07-26-13

Salient to Investors: The Weitz Value and Weitz Partners Value funds each have cash stakes close to 30 percent. The Yacktman Focused fund has 19 percent in cash. The Westwood Income Opportunity fund has 16 percent in cash,  The IVA Worldwide Fund has 28 percent in cash, the GoodHaven fund has 33 percent in cash. Morninstar

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Jim Rogers Wary On The U.S. Bull Market — Agriculture Shines But Fracking Could Flop – Financial Advisor 07-25-13

Salient to Investors: Jim Rogers said: Agriculture will enjoy an extended boom,Very bullish about farmland and other agricultural products. Bearish on Wall Street brokers and Ivy League professors. The central corridor from north Texas up to the Dakotas has the highest growth rates in employment, income growth and savings in

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Fed’s Liquidity Injections Are Not Creating Credit For The Real Economy – Dr Nouriel Roubini Blog 07-23-13

Salient to Investors: Nouriel Roubini writes: QE is not creating credit for the real economy, but instead boosting leverage and risk-taking in financial markets. The issuance of risky junk bonds is increasing and the stock market is at new highs, despite the growth slowdown. Money is flowing to high-yielding emerging markets.

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Goldman Pares 12-Month Commodity Outlook After Crude’s Rally – Bloomberg 07-23-13

Salient to Investors: Jeffrey Currie et al at Goldman Sachs said: They cut their 12-month commodity return forecast for the S&P GSCI Enhanced Commodity Index to 0.1 percent, maintained a neutral recommendation on raw materials, while precious metals and agricultural commodities may drop 8 percent and base metals will gain 6 percent.

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Bull Market Confirmed Through 2013 by 23 Years of Rallies – Bloomberg 07-22-13

Salient to Investors: The S&P 500 Index’s advance to a record last week coincided with highs in the Russell 2000, the Dow Jones Transports, the S&P 500 Financials and Morgan Stanley’s gauge of economically sensitive equities. During the 4 biggest bull markets of the last 25 years, peaks in those indexes have come before the S&P

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Be Sure Your Seat Belt Is Securely Fastened – Dr Nouriel Roubini Blog 07-20-13

Salient to Investors: Nouriel Roubini writes: We have entered the ‘New Abnormal’ so investors should be prepared to be surprised – nothing has really come to rest. Read the full article at  http://drnourielroubini.blogspot.com/2013/07/be-sure-your-seat-belt-is-securely.html  Click here to receive free and immediate email alerts of the latest forecasts.

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S&P 500 Climbs for 4th Week to Record on Earnings, Fed – Bloomberg 07-19-13

Salient to Investors: Earnings: 73% of 103 S&P 500 companies so far reporting have beaten estimates 53% have beaten revenue estimates. 80% of S&P 500 financial companies have beaten estimates by an average of 8.7%. Banks and insurers are predicted to report earnings growth of 26% this quarter. Excluding financial

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