Salient to Investors: InvesTech Research say it has been 18 months since the S&P 500 had a 10 percent correction. Leuthold Group said only 7 of the 22 bull runs since 1900 have lasted four years; of which 5 lasted at least an additional year. The 1920s bull rose 500 percent over
READ MORE... →Salient to Investors: April is the most rewarding for investors in the municipal market – since 2009, yields on benchmark 10-year debt have fallen more in April than any other month. April has shown gains in each of the past six years. Yields on 10-year benchmark munis have fallen in April by 9 percent
READ MORE... →Salient to Investors: Axel Weber at UBS said the growth story in Europe is just not there yet, the structural problems are unresolved, and there is some potential for equities to improve particularly for the US. Read the full article at http://www.bloomberg.com/news/2013-03-27/european-stock-index-futures-climb-after-u-s-rally.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Jesper Madsen at Matthews Intl Capital Mgmt said global investors have been seeking dividend-payers to the point where some areas of the market are overvalued, while more cyclical businesses are selling at significant discount. Madsen said Asia is a very fertile environment for yield, as well as being one of
READ MORE... →Salient to Investors: Residential real estate prices increased in January by the most since June 2006, exceeding the median forecast. Historically low lending rates and a stronger labor market have helped fueled the rebound in housing. Christophe Barraud at Market Securities-Kyte Group said housing keeps on recovering, and interest rates are
READ MORE... →Salient to Investors: Real estate equity jumped 25 percent in 2012, the biggest increase in 65 years. Home values rose to the highest levels since 2007. Shaun Richardson at Icon Advisory said mortgages originations should rise 10 percent in 2013. The Fed said 6 percent of lenders eased equity-mortgage standards at the end
READ MORE... →Salient to Investors: Jeffrey Christian at CPM Group said gold on average may average $1,565 an ounce in 2013 as investors shift away from extreme expectations of an imminent collapse of the global financial system and output increases in 2013. CPM said investors expect the global economy to muddle along and sentiment has
READ MORE... →Salient to Investors: Paul Zemsky at ING Investment Mgmt said housing is a huge part of the economic recovery and if housing prices rise, people generally are more confident. Brad Sorensen at Charles Schwab said consumers may say they’re less confident, but so far retail sales have held up pretty well. Read the
READ MORE... →Salient to Investors: Martyn Davies at Frontier Advisory said there’s a shift in power from the traditional to the emerging world, with much geo-political concern about this in the western world. Foreign direct investment into BRICS nations accounted for 20 percent of global FDI flows versus only 6 percent in
READ MORE... →Salient to Investors: The top 4 zip codes complaining to the Consumer Financial Protection Bureau are two in Manhattan’s Upper West Side, Boca Raton and Palm Beach Gardens. 59.6 percent of complaints originated in zip codes where the median household income is higher than the national median of $52,762. Steven Ramirez
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