Salient to Investors: Stephen Schork at Schork Group said WTI climbed strongly for the first 6 weeks of 2013, then gave it all back in 2 weeks. Schork said there was no traction to the downside below $90, and $100 is too high to justify, so short-term expects near $95. Stefan Wieler
READ MORE... →Salient to Investors: Mark Zandi at Moody’s Analytics said businesses have shrugged off the effect of the tax increases and the spending cuts and are hiring as job growth has improved, stock prices are aT record-high, housing values are surging, and gas prices have started to decline. Gregory Hayes at United
READ MORE... →Salient to Investors: Robert Lutts at Cabot Money Mgmt the underlying support for the labor market is driven by housing and potentially construction finally returning. Lutts said QE and lower interest rates are finally having an impact as signalled by the stock market. Troy Logan at Warren Financial Service said employment has stabilized – key is
READ MORE... →Salient to Investors: Net worth for households and non-profit groups in Q4 2012 increased to the highest level since Q4 2007 on a recovery in home values – $66.1 trillion versus $67.4 trillion in Q3 2007. Paul Edelstein at IHS Global Insight said households have acquired a lot of financial
READ MORE... →Salient to Investors: Ex-trader Chris Arnade writes: The asymmetry in pay is the engine behind many of Wall Street’s mistakes and rewards short-term gains with disregard to long-term consequences. The result is over-reliance on excessive leverage, banks loaded up with opaque financial products, and flawed trading models. Wall Street’s pay
READ MORE... →Salient to Investors: Studies suggest that investors who use advisers get better returns than individuals going at it alone. Advisers usually have confidence and discipline that are key factors in successful investing. Most people do not have the time or interest in managing their own portfolios. Individual investors can be
READ MORE... →Salient to Investors: Liu Guangming at Dongxing Securities said investors may have expectations for some reforms after the NPC, and the economy is quite stable, at least in half1. Ting Lu at Bank of America said the surge in forex purchases is due largely to a pent-up demand for renminbi with
READ MORE... →Salient to Investors: Prashant Jain at at HDFC Asset Mgmt sees value in India’s biggest lenders on prospects of fewer bad loans that have made them Asia’s worst-performing bank stocks in the past year. Banks account for 29 percent of his HDFC Top 200 Fund. Jain said the worst of
READ MORE... →Salient to Investors: Bank of America Merrill Lynch’s MOVE Index signal that the zero to 0.25 percent range won’t increase for more than 2 years, a bullish sign for bonds. Krishna Memani at OppenheimerFunds said the Fed has been very articulate about the direction of short-term rates, which is entirely data
READ MORE... →Salient to Investors: Lance Roberts at Streettalk Advisors said it seems accommodative monetary policies are here for some time. Standard Bank said physical gold demand picked up markedly below $1,600. Read the full article at http://www.bloomberg.com/news/2013-03-04/gold-snaps-three-day-decline-as-data-signals-extended-stimulus.html Free email alerts of articles as soon as they are posted.
READ MORE... →