Salient to Investors: Margie Patel at Wells Capital Mgmt says the market will rise over the balance of the year because the fundamentals are so good – any correction will be mild and either now or in the summer. Charles Evans at FRB of Chicago sees self-sustaining growth at escape
READ MORE... →Salient to Investors: Charles Evans at Chicago FRB said US growth should be self-sustaining in 2014. David Lennox at Fat Prophets said any talk of a time horizon for QE takes the shine off any gold price rises, while ETP sales will put downward pressure on prices. Read the full article at http://www.bloomberg.com/news/2013-05-21/gold-resumes-slump-on-concern-fed-will-reduce-stimulus-program.html Click here
READ MORE... →Salient to Investors: Fareed Zakaria said: The fundamental rule of international relations is that as a country becomes powerful, others gang up to bring it down – viz the Habsburg Empire to Napoleonic France to Germany to the Soviet Union. The one great exception in modern history is the US,
READ MORE... →Salient to Investors: Scott Sumner at Bentley University writes: Europe is in recession because the ECB unknowingly wants a recession. By trying to hold the highly flawed CPI including oil and VAT well below 2% will inevitably produce the anemic NGDP growth that will inevitably produce recession. The wacky UK-style
READ MORE... →Salient to Investors: Check list when raising money from investors: Do your research and do not get blinded by the money. There’s no such thing as a silent partner. Set and manage expectations in the very beginning. You need more than money Define your exit plan before you sign, because
READ MORE... →Salient to Investors: Ben Bernanke says: Between 1700 and 1970 worker productivity jumped 30 times, and in the last 50 years, life expectancy increased 8 years from 70 to 78, versus 53 years in 1913 when 60-hour work weeks at manufacturing jobs were the norm. In the long-run we will
READ MORE... →Salient to Investors: Tim McAleenan Jr. writes: The Pareto Principle, also called the 80/20 Rule, states that 80% of the results come from 20% of the actors. Melanie Pinola at Lifehacker says 90% of Warren Buffett’s success at Berkshire Hathaway can be attributed to less than a dozen decisions. This
READ MORE... →Salient to Investors: Pope Francis said: Free market economics had created a tyranny – a cult of money – in which people were valued only by their ability to consume. Life had become worse for people in both rich and poor countries. Poverty was becoming more and more evident. Read
READ MORE... →Salient to Investors: George Soros and BlackRock cut stakes in gold ETFs in Q1, signaling waning investment demand. The World Gold Council said gold ETP demand dropped 13 percent in Q1 from a year earlier and outweighed a surge in purchases of coins, bars and jewelry in China and India. Frank McGhee at Integrated Brokerage
READ MORE... →Salient to Investors: David Hussey at Manulife Asset Mgmt is bullish on equities in the short to medium term, saying the obsession with all-time highs is a red herring because the wall of money out there is going to buy on the dips. Read the full article at http://www.bloomberg.com/news/2013-05-16/european-stock-index-futures-open-little-changed.html Click here
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