Salient to Investors: Nouriel Roubini writes: Expect a decade ahead of very low economic growth in the US, Europe, Japan and other advanced economies, with rising unemployment and social and political unrest. Unstable disequilibrium, is the new abnormal. The economy was first anemic because of the financial crisis of too
READ MORE... →Salient to Investors: Capital Economics says Britain could grow at a 4 percent annual rate in the second half of the decade as the recession has done little permanent damage and the economy’s supply potential recovers. Manufacturing, energy and construction will lead. Just last month, Capital projected 2013 UK growth of 0.2 percent,
READ MORE... →Salient to Investors: Mark Buchanan writes: Throw a dice: If you get a six, you win $10; if not, you lose $1. Over many gambles, your average profit works out to about 83 cents. However, if when you get six you win 10 times your total current wealth, but anything
READ MORE... →Salient to Investors: Jim Rogers says: Avoid gold mining stocks because miners face stiff competition, and there are now many easier ways to own gold – coins, ETFs, ETNs, futures. Gold will bottom in 2014 or 2015 because eventually prices below the cost of production will cause tightness in supply
READ MORE... →Salient to Investors: Bill Moyers said: The crisis of millions of working families falling into poverty is the defining story in the US in the last 30 years. The social contract has been shredded in the last 30 years. that amount actually The belief that if you work hard and play
READ MORE... →Salient to Investors: Jim Rogers owns and is buying gold. Read the full article at http://www.jimrogers.info/2013_07_01_archive.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Caroline Baum writes: Productivity poses the biggest threat to jobs and wages, not immigrants. US expansions characterized by the strongest rebounds in productivity growth also witnessed the fastest pace of job creation – e.g. in 1970, 1975 and 1982. Duke University and UC Berkeley found that a quarter
READ MORE... →Salient to Investors: Matthew C. Klein writes: The FRB of Chicago says it would take 4 more years of job gains at the current pace of 195,000 per month to jobs to return to full employment and close the gap that began opening at the end of 2007. The US is
READ MORE... →Salient to Investors: In January 1969, an ad for Careers Today magazine touted that America had reached the stage where for the first time in history, there are more jobs than people, that college grads were wading through endless job offers. By 1976, a relatively low 67 percent of college
READ MORE... →Salient to Investors: Dan Dorrow at Faros Trading said the strong jobs numbers suggests tapering sooner because the cumulative strong momentum is there. Bill Gross at Pimco sees a stronger dollar ahead, but not US-growth friendly as the ECB and BOE ease while Fed tapering looms. Fed-funds futures indicate the probability
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