Rich-poor divide accelerating, says OECD – BBC News 05-15-13

Salient to Investors: The OECD said: The gap between rich and poor widened more in the 3 years to 2010 than in the previous 12 years. The richest 10% of society in the 33 OECD countries received 9.5 times that of the poorest in terms of income, versus 9 times in 2007.

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The Cautionary Tale of Lord Grantham – Bloomberg 05-15-13

Salient to Investors: Never put too much of your portfolio in a few investments, or in one country or industry. The employee with a significant chunk of his 401(k) in his employer’s stock, or gets his contribution matched in company stock, risks both job and  retirement plans if a setback for

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Investors Expecting U.S. Markets With Best Return in Poll – Bloomberg 05-15-13

Salient to Investors: Bloomberg Global Poll: International investors are the most bullish on the US and Japanese markets in more than 3.5 years as both economies are seen to be improving. Over 40% will reduce gold exposure over the next 6 months, close to 3 times more than those who

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Foreign Demand for U.S. Financial Assets Declined in March – Bloomberg 05-15-13

Salient to Investors: International net selling of long-term US equities, notes and bonds in March was the largest since May 2009 and shows investors were willing to seek higher-yielding assets amid signs of a stronger US economy. Gennadiy Goldberg at TD Securities said the data does not suggest a pronounced global investor

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Volcker Says Jobless Rate to Remain Above 6% for Two Years – Bloomberg 05-15-13

Salient to Investors: Paul Volcker said US growth is too slow to cut the jobless rate quickly so the unemployment rate may remain above 6 percent for at least another two years. Volcker said the unemployment rate is declining because the labor force is not rising. Read the full article at http://www.bloomberg.com/news/2013-05-15/volcker-says-u-s-jobless-rate-to-remain-above-6-for-two-years.html Click

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What’s Lost When Shareholders Rule – Harvard Business Review 05-13-13

Salient to Investors: Colin Mayer at Harvard writes: British capitalism is the textbook description of how to organize capital markets and corporate sectors. Yet the performance of the British economy has been mediocre, with much of the population dissatisfied with economic and social conditions, large-scale manufacturing that has been decimated, decades of underinvestment

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