Salient to Investors: Marc Chandler at Brown Brothers Harriman said there is one big story and that is, of course, Bernanke, and given that his comments rattled the market a couple of times now in a short period of time, many traders will be loath to take significant positions ahead of his address
READ MORE... →Salient to Investors: Stephen Wood at Russell Investments says earnings will be the story of the week and the story of the month. Charles Plosser at FRB of Philadelphia said the Fed should begin tapering in September, while James Bullard of FRB of St. Louis said it should not cut back until inflation accelerates
READ MORE... →Salient to Investors: Warren Buffett money tips: Spend wisely and limit buying things you don’t need. Save to fund an emergency fund. Invest for the long-term. Limit or pay-off what you borrow. Never invest into a business or idea that you can’t understand.. Master the basics of accounting and investing.
READ MORE... →Salient to Investors: Share prices for the 10 largest diversified emerging-market ETFs on average were 42.6 percent more volatile than their underlying indexes from May 22 to June 24, when Bernanke triggered the sell-off that sent emerging-market stocks to a 1-year low, while the 5 biggest emerging-market index mutual funds were
READ MORE... →Salient to Investors: Jim Rogers writes: How do you tell China to stop building infrastructure and start consuming? That happened gradually in the US, UK and many other countries historically. No economy or market goes straight up so expect China to have many setbacks. America had a Civil War, several depressions,
READ MORE... →Salient to Investors: After a decade as rock stars, hedge fund managers seem to be fading just as quickly as musicians do. Generating “alpha” is slipping further out of reach. Goldman Sachs said in May that hedge fund performance lagged the S&P 500 index by 10 percent this year, while
READ MORE... →Salient to Investors: Miller Samuel and Douglas Elliman Real Estate said the median price of Brooklyn condominiums, co-ops and 1- to 3-family homes that sold in Q2 was $550,000, up 15 percent from a year earlier and the highest in more than a decade of record keeping. Jonathan Miller at Miller Samuel said the inventory of
READ MORE... →Salient to Investors: Hank Smith at Haverford Trust said the story for stocks this year is about confidence replacing uncertainty and anxiety, a big driver for equity returns, and we are still far away from worrying about too much optimism or exuberance. Smith said the driver of equity returns from March
READ MORE... →Salient to Investors: Carlos Perez-Santalla at Marex North America said Bernanke gave the impression that tapering is currently a distant dream LLC, while today’s data further cements the fact that the economy has not completely recovered. David Govett at Marex Spectron said gold sentiment will now be to the upside, and
READ MORE... →Salient to Investors: Jankiel Santos at Banco Espirito Santo de Investimento said emerging markets will now have to compete for capital with the US, and countries that carried out the necessary adjustments will suffer less, while Brazil will suffer more. Ilan Goldfajn and Caio Megale at Itau expect the Brazil
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