Salient to Investors: Brian Jones at Societe Generale said many things are going the right way – more people working means more people spending, which to some extent neutralizes higher taxes. Dean Maki at Barclays expects GDP will rise at a 2 percent annual average pace in half2 from a 1.5 percent rate in half1
READ MORE... →Salient to Investors: Steven Hansen at Econintersect writes: The US economy could be in the zone of the no win scenario as the debt load itself works against the economy outgrowing the debt. No scenario being discussed will the US be reducing the debt: it will just continue to grow.
READ MORE... →Salient to Investors: Knight Frank said English rural land produced some of the best investment returns in Europe since 2007, appreciating by 51 percent versus a 19 percent rise got millionaires’ mansions in London and a loss for rest of the U.K. housing market. Tim Atkinson at J.H. Walter is not expecting an alteration in the
READ MORE... →Salient to Investors: Larry Trefz writes: The rally will continue until sentiment turns for the worse, then expect a correction of over 10%. Warren Buffett sees says stocks are good value and cheaper than other forms of investment, while the dumbest investment is long-term government bonds. Stan Druckenmiller sees a
READ MORE... →Salient to Investors: Markos Kaminis at Wall Street Greek writes: Unemployment data excludes people who have fallen out of the labor force, and not by choice. The unemployment rate is 11.8%, not the 7.7% rate just reported for February. Underemployment is closer to 18.0% than the government’s U-6 figure of
READ MORE... →Salient to Investors: Larry Milstein at R.W. Pressprich does not know if we ar getting bang for the buck in economic improvement, but says there is clearly improvement, but nothing yet to make the Fed take its foot off the gas. Michael Pond at Barclays said the rise in yields has
READ MORE... →Salient to Investors: The average analyst expects new solar generation capacity to rise 14 percent in 2013 to 34.1 gigawatts, equal to 8 atomic reactors and versus 4.4 percent growth in 2012. BNEF says China will pass Germany as the largest solar market in 2013 after doubling its 2013 target for new projects in
READ MORE... →Salient to Investors: Bill Gross at Pimco doubled his forecast for growth in US GDP to 3 percent for 2013 partly because of housing, and a nominal growth rate of 5 percent. Gross said 200,000 jobs is consistent with real GDP growth of 3 percent in 2013 and won’t prompt the Fed
READ MORE... →Salient to Investors: Omer Esiner at Commonwealth Foreign Exchange says a growing list of economic indicators suggest a broad-based recovery, and the market is focusing on the US recovery gaining steam, while other major economies remain in stagnation and contraction. Richard Franulovich at Westpac Banking said risk appetite is firming and we are in a potentially momentous
READ MORE... →Salient to Investors: Copper analysts are the most bullish in 5 weeks on optimism the global economy is strengthening versus hedge funds the most bearish since August. Goldman Sachs recommended buying copper for a 16 percent gain to $9000 in 6 months as China copper imports increase. Barclays says China
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