Salient to Investors: William Emmons at FRB St. Louis said: Americans born between 1928 and 1945 have become the richest old generation ever by benefiting from improved health, a more generous social safety net, an exit from the job market ahead of the past recession, rebounding stock and home values, and
READ MORE... →Fareed Zakaria said: The White House has no real solution for Syria. There is no prospect of working with the Republicans on any major domestic policy. The greater threat to global peace and prosperity over the next decades comes from the rise of China and not from IS. Americans believe
READ MORE... →Salient to Investors: Fareed Zakaria said: Tunisia is more developed, more urban, more literate, and more globalized than Egypt, and has a more diverse civil society, stronger labor unions, civic associations, professional groups. Tunisia’s relative success suggests there is nothing inherent in Islam or Arab society that makes it impossible
READ MORE... →Salient to Investors: Miswin Mahesh and Michael Cohen at Barclays said: OPEC will not cut supplies sufficiently to overcome a lackluster demand picture half1 2015 – Brent will average $93 and WTI will average $85 in 2015. Oil has reached its lowest point for 2014 but will recover modestly during Q4
READ MORE... →Salient to Investors: The price gap between regular and premium gasoline is at the widest since 2008, caused partly by the supply of shale oil, which is more easily turned into low-octane gasoline. John Auers at Turner Mason said foreign oils produce high-octane fuel better. Patrick DeHaan at GasBuddy Organization said
READ MORE... →Salient to Investors: Jonathan Glionna at Barclays said: There is insufficient data not enough data – only 21 observations in the last 86 years – to expect a repeat of stocks’ habit of rallying after midterm elections – a median 7% in the 90 days following, with a range of
READ MORE... →Salient to Investors: The flow of funds into the Financial Select Sector SPDR ETF turned negative for the year following its biggest withdrawal last week since 2009. Its short position is the highest since June 2002 Todd Rosenbluth at S&P Capital IQ said investors should have less exposure to financials than
READ MORE... →Salient to Investors: Fareed Zakaria said: Canada has more immigrants, more foreign-born citizens than the US. Since 1990, mortality rates of children under five have been cut in half. Most books on entrepreneurship are useless. The top 5 countries that account for half of the under-5 deaths are India, Nigeria,
READ MORE... →Salient to Investors: Regular investors, especially those saving for retirement, have an advantage over the professionals because they can afford to be patient and buy extra when stocks drop – “Be fearful when others are greedy, and greedy when others are fearful” – Warren Buffett. David Santschi at TrimTabs Investment
READ MORE... →Salient to Investors: Investors still believe that whenever stocks and risk assets fall, the authorities will act to limit the losses to ensure they don’t take economies down with them. Hans Redeker et al at Morgan Stanley said comments last week by Bullard and Haldane left markets with the impression
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