Salient to Investors: Bank of England policy maker David Miles said UK growth will rise to 2 to 2.5 percent a year within 18 months without a substantial increase in inflation. MIles expects the cruising speed of the economy to return to the long-run average 2-2.5 per cent. Jane Foley at Rabobank Intl
READ MORE... →Salient to Investors: Jay Wong at Payden & Rygel said continued earnings beats is helping drive the market, which has a lot of momentum. The Index of consumer confidence was the weakest since November 2011 and lower than the most pessimistic forecast in a Bloomberg survey. 75 percent of the 179 S&P
READ MORE... →Salient to Investors: The Tel Aviv TA-25 Index returned 13.4 percent in the 10 years ended Jan. 29 after adjusting for volatility, the highest among 24 developed-nation benchmark indexes. Israel GDP expanded 14.7 percent from 2009 to 2012 versus 3.2 percent in the US and a contraction of 1.5 percent in
READ MORE... →Salient to Investors: These are boom times for farming and a bust for farm jobs. The Bureau of Labor Statistics said farmers, ranchers and other agricultural managers will see the steepest decline of any employment category by 2020. David Anderson at Texas A&M said one-quarter of farms have sales under $100,000 annually
READ MORE... →Salient to Investors: Ezra Klein writes: The most important piece of economic policy in 2013 is immigration reform. A tenth of the US population is foreign-born. Over 25% of US technology and engineering businesses started from 1995 to 2005 had a foreign-born owner, while half of all tech startups in Silicon Alley had
READ MORE... →Salient to Investors: EPFR Global said US equity funds took in a record $3.1 billion at the beginning of this year. The January rally is the biggest rally since 1987. William Stone at PNC Wealth Mgmt said Berkshire Hathaway’s interest in NYSE Euronext indicates Buffett is saying maybe things will turn around and volume will
READ MORE... →Salient to Investors: The S&P/Case-Shiller index of property values increased 5.5 percent from November 2011, the biggest year-over-year gain since August 2006. The NAR said the 1.82 million existing homes on the market last month were the fewest since January 2001. Mortgage rates near a record low are propelling demand that’s outpacing supply. Freddie
READ MORE... →Salient to Investors: The lockstep moves in global stocks that dominated markets for the past 6 years are breaking down at the fastest rate on record, a sign investor confidence is finally returning from the financial crisis. Fidelity Worldwide Investment said diverging prices accompanied past rallies and is poised to
READ MORE... →Salient to Investors: Berkshire Hathaway made an offer last year to buy NYSE Euronext, said two people familiar with the matter. Read the full article at http://www.bloomberg.com/news/2013-01-28/berkshire-said-to-be-company-a-that-made-bid-for-nyse.html Free email alerts of articles as soon as they are posted.
READ MORE... →Salient to Investors: Gold holdings in ETPs are heading for the biggest decline since December 2011. Credit Suisse, Goldman Sachs and other analysts expect gold to peak in 2013 as the global economy rebounds. Feng Liang at GF Futures said the incentive to hold gold is reduced as the global economy
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