Salient to Investors: Laurentia Amica Darmawan at PT First State Investments Indonesia said the currency issue is the biggest risk factor in the foreseeable future for Asian companies, and will continue until we have clarity on how long global monetary easing will last. Credit Suisse lowered Turkish banks to neutral from
READ MORE... →Salient to Investors: Phil Orlando at Federated Investors said earnings have been better than expected, guidance muted, to be expected. 76 percent of the 147 S&P 500 companies so far reporting have beaten estimates, 67 percent have beaten sales estimates. Read the full article at http://www.bloomberg.com/news/2013-01-25/u-s-stock-index-futures-gain-as-german-confidence-climbs.html Free email alerts of articles as
READ MORE... →Salient to Investors: Tim Jagger at Aviva Investors Asia said the economic data since November has silenced many China bears, and China’s property companies have never had the opportunity to fund at such attractive rates. Jim Chanos at Kynikos Associates warned last month of a credit bubble, and said profits at
READ MORE... →Salient to Investors: Joseph Stiglitz said: The richest 1% of Americans have doubled their wealth since 1980 and now hold 25% of the country’s wealth, yet the median income level in the US had not changed since the early 1990s. The American dream has gone: the US has one of the worst
READ MORE... →Salient to Investors: Prof Dame Sally Davies said the rise in drug resistant infections is comparable to the threat of global warming – we are not using antibiotics effectively in countries. Davies said routine infections could become lethal because we’ve run out of antibiotics: there is only one useful antibiotic
READ MORE... →Salient to Investors: Gary Cohn at Goldman Sachs said: He is bullish on global stock markets as investors shift money from bonds to equities as interest rates rise. The cause of rising interest rates, greater economic activity and growth, will be very positive for our business. Shares in top companies offer
READ MORE... →Salient to Investors: Kristin Forbes at MIT says: There is complacency over the risk that financial turmoil will spread beyond a single country, despite Europe’s struggles. Regulators are not doing enough to bolster preventative oversight, and we’ve seen softening of regulatory requirements. Requiring more capital may reduce the availability of
READ MORE... →Salient to Investors: Joseph Stuber writes: Stocks could reach the all-time high on the S&P of 1576 in 2013 driven by its momentum, but then the market will broadly sell-off to October 2011 lows of 1074. A correction to the 2009 low of 670 is possible on pure fundamentals, given
READ MORE... →Salient to Investors: Gary Cohn at Goldman Sachs said junk-bond yields at record lows may face substantial repricing if interest rates spike or investors exit fixed income. Cohn said that at some point, interest rates will rise and some of the money that has piled into fixed income over the past 3 years
READ MORE... →Salient to Investors: The Fed is expected to affirm its accommodation on Jan. 29-30. Julia Coronado at BNP Paribas said we’re in uncharted territory, and as the easy money flows through financial markets and into the real economy at some point, the US faces many risks. Michael Hanson at Bank
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