Salient to Investors: Lawrence Bowdish at American Military University says 66 percent of students borrow to attend college, and 31 percent of Americans age 25 or older hold bachelor’s degrees versus 5 percent in 1950. Bowdish said the supply of university slots has increased, but not enough to meet demand. Read the full
READ MORE... →Salient to Investors: Evan Soltas writes: The delay until 2015 of the enforcement of the employer mandate to provide insurance to employees may create stress on the implementation of the individual insurance exchanges and the individual coverage mandate. Employers should not sponsor insurance as it masks the true cost of care
READ MORE... →Salient to Investors: Michael Hsu at Ipsos says the share of Canadian households with debts greater than or equal to 250 percent of gross income reached a record 13.5 percent in 2012 then dropped to 11.4 percent in Q1 2013, though most of the debt is going into real estate
READ MORE... →Salient to Investors: Economists expect the US 10-year yields will be at 2.42 percent by Dec. 31. Kim Youngsung at Samsung Asset Mgmnt is still waiting to buy and said QE will be stopped in 2014. Read the full article at http://www.bloomberg.com/news/2013-07-03/u-s-yield-forecasts-rise-to-eight-month-high-on-fed-outlook.html Click here to receive free and immediate email alerts of the latest
READ MORE... →Salient to Investors: Jim Rogers writes: When there’s massive new supply coming on stream, then we’ll have the end of the commodities bull market. The world has consumed more agriculture products than it has produced for a decade now. We are running out of farmers – average age in America
READ MORE... →Salient to Investors: Economists at Bank of Tokyo-Mitsubishi UFJ, Barclays, Citigroup, Deutsche Bank, and UBS expect unemployment to fall to 7 percent in Q4 2013. Drew Matus at UBS Securities said the drop will pose more communication problems for the Fed, again of its own making. Matus said bond-market volatility will increase even
READ MORE... →Salient to Investors: The share of yet-to-be-built dwellings was 36 percent in May versus 26 percent a year ago and versus 14 percent in September 2008. Neil Dutta at Renaissance Macro Research said there is clearly more housing starts activity in the pipeline, while the economic outlook is improving and there
READ MORE... →Salient to Investors: Chinese landlords are forgoing rent and paying to outfit stores for mass-market fashion brands to blunt the impact of a boom in shopping-mall construction that threatens to push up vacancies. Big mall operators can withstand the slowdown at the expense of smaller ones as smaller cities add retail space
READ MORE... →Salient to Investors: Brian Jacobsen at Wells Fargo Advantage Funds maintains an overweight rating on tech stocks because their gains show a “hand off” is starting, as investors move into industries that could outperform benchmarks later in the economic expansion. Jacobsen says higher interest rates historically bode well for tech stocks,
READ MORE... →Salient to Investors: John Ryding at RDQ Economics said: Unlike with stocks, there are no tools or models that determine the fair price of gold – it is psychological. Industrial and jewelry demand total only 55% of demand. The 10-yr bull market was caused by the Fed being incredibly accommodative –
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