Salient to Investors: John Lynch at Wells Fargo Private Bank said ISM was decidedly negative, and bad news can only be good news for so long for stock prices – at some point it will impact earnings and market levels. Sam Stovall at S&P said the rally and strong start to
READ MORE... →Salient to Investors: Sameer Samana at Wells Fargo Advisors said you are seeing some risks come back and the Turkish turmoil shows some of the risks in emerging markets. Read the full article at http://www.bloomberg.com/news/2013-06-03/emerging-stocks-drop-to-six-week-low-as-philippine-shares-slump.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: OECD predicts faster global economic growth, led by the US and Japan: growth in member countries will accelerate to 2.3 percent in 2014 from 1.2 percent in 2013, China, will grow 8.4 percent in 2014 after growth of 7.8 percent in 2013. Neil Mackinnon at VTB Capital
READ MORE... →Fareed Zakaria said: The great American housing market is back as the Case-Shiller housing index showed its largest annual increase in prices in seven years, showing its core character: flexibility and resilience. The US is the only rich country whose population is growing, increasing by 3 million people every year,
READ MORE... →Salient to Investors: Marc Faber at the Gloom Boom & Doom Report says: High-end assets from stocks to art to real estate are in a bubble caused by central bank money-printing. This money doesn’t increase economic activity and asset prices in concert, instead creates dangerous excesses in countries and asset
READ MORE... →Salient to Investors: Jeffrey Hirsch at the Stock Trader’s Almanac writes: Three main seasonal and cyclical patterns have stood the test of time: the 4-year Presidential Election/Stock Market Cycle, the Best 6 Months Switching Strategy and January’s basket of indicators and trading strategies. Caveat. History never repeats itself exactly. 1.
READ MORE... →Salient to Investors: Bob Rice at Tangent Capital writes: Despite negative headlines, sophisticated institutions keep adding to their $2 trillion invested in hedge funds. Benjamin Graham devised a way to make money regardless of market direction by buying a stock he liked, and simultaneously selling short one he didn’t. Over the
READ MORE... →Salient to Investors: Joseph Tanious at JPMorgan Funds said everyone is trying to figure the Fed – strong data reinforces the Fed message of the past few weeks and justifies the tapering of QE, while weak data makes people think the Fed is going continue QE a bit longer, with
READ MORE... →Salient to Investors: Stephen L. Carter at Yale writes: The law of unintended consequences rests on a deceptively simple insight: We cannot predict the future. There are always externalities, and it’s impossible to identify all of them in advance. Eli Whitney patented the cotton gin in 1794 which led to
READ MORE... →Salient to Investors: Halsey Minor sold CNET Networks for $1.8 billion in 2008 and 5 years later has filed for personal bankruptcy thanks to bad bets on real estate, horse farms, start-up investing, and other ventures that took him out of his technology comfort zone. Read the full article at http://www.bloomberg.com/news/2013-05-30/cnet-founder-minor-files-for-bankruptcy-after-selling-art.html
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