Salient to Investors: Piper Jaffray says new research shows: Teens are growing tired of Facebook and YouTube – which could have wide-ranging effects on retail, fashion, gaming, and other youth-oriented industries. The new hot teen channels in social media are Reddit, Twitter, Snapchat, Vine, and 4chan. Abercrombie & Fitch and
READ MORE... →Salient to Investors: Paul Krugman writes: One thing about Cassandra is that she was always right. Austerity has been a monstrous exercise in unethical human experimentation. In any kind of communications profession, above all have something to say, don’t try to be clever and counterintuitive as if in the entertainment
READ MORE... →Salient to Investors: The median economist expects 2 percent growth in 2013 down from 2.2 percent in 2012, and unemployment to average 7.7 percent in 2013. Read the full article at http://www.bloomberg.com/news/2013-04-10/obama-more-optimistic-on-13-u-s-growth-than-private-economists.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Nathan Sheets at Citigroup said last week’s employment report has put ending QE discussions on hold. Atlanta Fed President Dennis Lockhart believes it’s too early for the Fed to consider reducing the pace of QE. Joe Hinrichs at Ford Motor said gains in housing starts are highly correlated
READ MORE... →Salient to Investors: Rex Macey at Wilmington Trust Investment Advisors said investors out of the market and the nervous are starting to feel it’s safe to go back in the water, that there is a recession around the corner. Macey expects earnings surprises to the upside. Ryan Larson at RBC Global Asset
READ MORE... →Salient to Investors: Obama’s proposal to change the basis for Social Security raises to chained CPI is all about saving money by slowing the growth rate of benefits because chained CPI gives a lower measure of inflation. From December 1999 through February 2013, the price rise in goods and services used
READ MORE... →Salient to Investors: Frederic Neumann at HSBC said it will be very difficult for the G-20 to be critical of Japan because Japan has ultimately only done what the US, UK, and Europe have implemented – Japan is justified because something needed to be done to revive growth. Gao Xiqing at China Investment Corp
READ MORE... →Salient to Investors: Bill Gross at Pimco said: He raised Treasury holdings to 33 percent of assets in March, the highest level since July 2012, and lowered mortgage holdings to 33 percent, the lowest level since August 2011. cash advance businessespayday loans in la Japan’s unprecedented purchase program may force investors into
READ MORE... →Salient to Investors: Kyle Bass at Hayman Advisors, who has been betting on a collapse in the Japanese bond market for at least 3 years, said Japanese government bondholders’ reaction to the BOJ’s stimulus may foreshadow a broader selloff. Bass said this is the first deviation of the sanctity of that
READ MORE... →Salient to Investors: Seth Masters at Bernstein Global Wealth Mgmt says: Bubbles today are driven by fear and investors’ desire for safety versus greed and recklessness in the past. Supposed safe havens of gold, bonds and dividend-paying stocks are dangerously overpriced. Over the past 5 years more than a trillion
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