Salient to Investors: Dr. Aaron Carroll at Indiana University School of Medicine writes: The Institute of Medicine and National Research Council study shows Americans have shorter lives and poorer health, despite spending more on health care than any of the 16 other rich countries in the study. Americans eat too
READ MORE... →Salient to Investors: Ellen E. Schultz writes: Rolling accounts that have the same tax-deferred treatment into a single giant IRA makes it easier to monitor returns, rebalance your portfolio, diversify your assets, take required distributions, compare fees, and update your profile Consider moving your taxable accounts to the same mutual-fund
READ MORE... →Salient to Investors: quick cash edge Jonathan Weil writes: China is a kleptocracy run by, and for the benefit of, the Communist Party elite, who have allowed securities fraud to flourish, and routinely obstructed overseas regulators’ investigations. Tiny research firm Muddy Waters has done more to expose Chinese stock scams than
READ MORE... →Salient to Investors: Geithner’s replacement by Lew will end a period of unusually strong ties between the Treasury and the Fed. Mark Calabria at the Cato Institute said Lew won’t be as defensive of the Fed as Geithner would be. Brandon Barford at ACG Analytics said with Geithner’s departure, Tarullo is
READ MORE... →Salient to Investors: Jonathan Miller at Miller Samuel said the median monthly rent in Manhattan rose 0.8 percent from a year earlier, the third consecutive month around 1 percent, versus an average of 7.4 percent for the year through September. Miller doesn’t expect the same rapid ascent seen over the last year and
READ MORE... →Salient to Investors: Warren Buffett said banks have rebuilt capital and no longer poses a threat to the economy – capital ratios are huge and excesses on the asset side are largely gone . Berkshire invests in at least 4 of the 7 biggest U.S. lenders by assets, including Wells Fargo, Bank of America, Goldman Sachs,
READ MORE... →Salient to Investors: Swindon manager Paolo Di Canio says: The new generation has grown up with the idea that you are intelligent and more clever than others if you benefit from a bad action or situation. In football, we will not see many acts of good sportsmanship in the future.
READ MORE... →Salient to Investors: Stephen King at HSBC said we are moving away from a US or Europe led world to a world led by China, which will make its biggest-ever contribution to global growth in 2014. King said China’s growth will rise to 8.6 percent in 2013 versus 7.8 percent in 2012, and 5.4 percent for the
READ MORE... →Salient to Investors: History shows that presidents’ most ambitious ventures often create as many problems as they solve. Barbara Perry at the University of Virginia said presidents act first and think later about the long-term consequences. best packages Obama’s long-run budget forecasts call for exploding deficits beyond the customary 10-year planning period
READ MORE... →Salient to Investors: Investors, economists and policy makers are starting to warn Germany is turning a blind eye to its own weaknesses. Irwin Collier at Freie Universitaet said it is clear things have to change at home too. The DAX Index rose 29 percent in 2012, its best in 9 years. Juergen
READ MORE... →