Salient to Investors: Joseph Brusuelas at Bloomberg said Americans are growing more confident about their own financial and economic situations. The sentiment gauge for those making less than $15,000 a year reached its highest level since December 2007. Read the full article at http://www.bloomberg.com/news/2013-03-21/americans-view-on-economic-outlook-climbs-to-three-month-high.html Click here to receive free and immediate email
READ MORE... →Salient to Investors: Eric Thorne at Bryn Mawr Trust said we have not seen any major resolution to Europe, yet stocks ignore what’s going on there and reach all-time highs anyway. LEELAMARCUM.COM/IMAGES/ Witold Bahrke at PFA Pension A/S said Europe is in desperate need for growth, but today’s bad PMI is signaling a
READ MORE... →Salient to Investors: Addison Armstrong at Tradition Energy said the German PMI data is clearly bearish for the oil market because if the Germans are not making things, where is European demand going to come from? Michael Lynch at Strategic Energy & Economic Research said Cyprus is an example of what ails the
READ MORE... →Salient to Investors: Angelo Zino at S&P Financial Services said there is no way the Suntech shareholders are going to get anything. Zino said a host of companies have gotten billions of dollars from Wall Street investors, who will ultimately get nothing. Risks to investors in solar have spread after the collapse
READ MORE... →Salient to Investors: Joseph Dayan at BCS Financial said the panic is abating and investors are moving back to riskier assets such as emerging-market equities as investors quickly realized that Cyprus in not a precedent for peripheral European countries and that deposits in mainstream financial systems remain off-limits. The MSCI Emerging
READ MORE... →Salient to Investors: Alan Blinder at Princeton said: Bernanke has done a very good job and will stay if he wants it. Has an A+ on keeping inflation low and D- on keeping unemployment low. His Lehman Bros decision was wrong and was a turning point after which everything fell apart. Fed is
READ MORE... →Salient to Investors: David Leonhardt at The New York Times said: Fed will continue QE until unemployment falls to 6.5%. Democrats may want Bernanke replaced since a Republican has been Fed Chairman for over 20 years. Obama likes Bernanke and both have underestimated the length and depth of this weak economy.
READ MORE... →Salient to Investors: Warren Buffett said: Investors should bet on the natural juices of capitalism in the US and not focus too much on what the government’s done – opportunities abound. The US economy is recovering because of the natural juices of capitalism and not because of government – a wonderful system
READ MORE... →Salient to Investors: Morgan Stanley predicted increased demand in China. Rachel Zhang said major copper end-demand market indicators are all improving, while inventories remain low, so expect restocking in the next couple of months. Australia said prices on average will fall 2 percent in 2013 as stockpiles expand. Read the full article
READ MORE... →Salient to Investors: Barclays paid 9 senior executives $61 million in bonuses, less than a year after the bank was fined for manipulating benchmark interest rates. Barclays awarded 428 workers more than 1 million pounds in 2012, versus 473 in 2011. 45 percent of all investment-bank employees got no bonus for 2012. Read
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