Salient to Investors: InsideClimateNews.org writes: In Phoenix, swimming pools outnumber solar panels by a thousand to one. Germany, with half the sunlight of Arizona, has four times as much solar power installed per capita. and 23 times more than the US. The primary reason for the renewable energy gulf between the US and Germany
READ MORE... →Salient to Investors: Tom Wainwright said that after years of under achievement and rising violence, Mexico is at last beginning to realise its potential. Mexico can benefit from big, irreversible trends: a falling birth rate, leaders at last tackling home-grown problems, to rising wages in China. Mexico outpaced Brazil in 2011 and will grow
READ MORE... →Salient to Investors: Ifo said its German business climate index had its first gain in 8 months in October and above the median economist prediction. Gernot Nerb at Ifo said the momentum, at least in the next year, will come from outside the euro area. Carsten Brzeski at ING said the report is a positive surprise but certainly doesn’t mean German
READ MORE... →Salient to Investors: Stephanie Schmitt-Grohe and Martin Uribe at the National Bureau of Economic Research said the solution to an economic slump is higher interest rates when the cause of that slump is a confidence shock that cheap borrowing costs are failing to reverse, and ultra-easy monetary policy risks making fears of deflation a self-fulfilling
READ MORE... →Salient to Investors: Economic Outlook said Sandy reconstruction and related purchases and hiring may increase US economic growth by 0.5 percentage point in 2013. Bernard Baumohl at Economic Outlook said construction costs will be more than replacement because much of the work will involve fortifying structures. Goldman Sachs said Sandy may reduce economic growth by
READ MORE... →Salient to Investors: WWW.COASTWIDEDRIVING.COM.AU/WP-CONTENT/UPLOADS/2013/05/13/ James Hunt at Tocqueville’s International Value Fund is bullish on Japan despite its poor demographics, huge public debt and weak growth prospects. Hunt says everyone thinks Japan is sinking into obscurity but he sees excellent global franchise businesses at attractive valuations. Hunt says it has been a
READ MORE... →Salient to Investors: Enrico Tanuwidjaja at Royal Bank of Scotland said growth momentum in Asia is clearly taking off. Kozo Hasegawa at Sumitomo Mitsui Banking said funds continue to come into Asia, which supports regional currencies, data out of China are improving. Kim Dong Young at Industrial Bank of Korea said there’s risk appetite in the
READ MORE... →Salient to Investors: Tony Crescenzi at Pimco said Treasuries will remain in demand in 2013 because they provide good insurance against macro economic risks, and the Fed will keep rates low until 2015 or 2016. Crescenzi is avoiding or keeping a low weighting on maturities beyond 10 years because the Fed’s intent is to reflate a
READ MORE... →Salient to Investors: EU leaders didn’t discuss climate strategy at their four summits this year, and the matter didn’t emerge during US presidential debates. Fatih Birol at the IEA said climate policy is sliding off the international policy agenda. Scientists are increasingly concerned that the time to react is passing. Birol
READ MORE... →Salient to Investors: Jack Ablin at BMO Harris Private Bank said the outperformance of 3 upscale retailers versus 3 lower scale retailers indicates investors believe high-income households will fund their higher tax burden from savings, rather than by cutting spending. Read the full article at http://www.bloomberg.com/news/2012-11-23/u-s-stock-futures-rise-s-p-500-may-extend-weekly-jump.html
READ MORE... →