Salient to Investors: Retail accounts for almost half of the 20 biggest fortunes in the world. Read the full article at http://www.bloomberg.com/news/2012-10-18/hidden-european-fashion-billionaires-undressed-on-china.html
READ MORE... →Salient to Investors: Investors are growing wary of publicly traded securities as interest rate cuts at central banks helped inject liquidity into markets, bolstering bonds and stocks. Scott Kalb at KLTI Advisors said: Sovereign wealth funds are increasing their allocations to alternatives Institutional investors are focusing on hedge funds and private
READ MORE... →Salient to Investors: Dollar cost averaging works in theory but not in real life. Brokers use DCA to increase their commissions and appease clients facing losses. DCA carries an opportunity cost. Indexes regularly change their stock makeup, removing underperforming stocks with better performers. Read the full article at http://lessons.tradingacademy.com/article/to-average-or-not-to-average/
READ MORE... →Salient to Investors: Luca Molinari at Warburg Pincus is targeting infrastructure service providers in Brazil which will grow significantly in the coming years. BTG Pactual Participations and Carlyle Group also seek to profit from investments needed to upgrade Brazil’s infrastructure for the World Cup and 2016 Summer Olympic Games. Eduardo Centola at Banco
READ MORE... →Salient to Investors: Teppei Ino at Mitsubishi UFJ said the dollar may rise to an eight-week high against the yen as the dollar-yen struggles with the upper limits of the Bollinger band and ichimoku cloud at around 79 – once above these levels, it’s likely to move to the middle of the 79-80 range. Ino said the
READ MORE... →Salient to Investors: Mark Pervan at Australia & New Zealand Banking Group said the gold market appears to have found a base around $1,735. Read the full article at http://www.bloomberg.com/news/2012-10-16/gold-set-to-gain-for-first-day-in-three-as-slump-spurs-purchases.html
READ MORE... →Salient to Investors: BlackRock is reducing holdings of speculative-grade munis and buying those rated A to AA as the US faces the fiscal cliff. Laurence Fink at Blackrock said the economy may go into recession next quarter as companies curb hiring. Sean Carney at BlackRock said there’s ample liquidity in the high-yield market as everyone wants it. Peter
READ MORE... →Salient to Investors: International Sugar Organization estimates sugar production will exceed demand by 5.9 million metric tons in year that began Oct. 1, more than the U.S. consumes in six months – supply including inventories will be the highest ever. Jonathan Kingsman at Kingsman SA said the surplus is probably getting worse
READ MORE... →Salient to Investors: Chad Morganlander at Stifel Nicolaus said investors are cycling back into risk as earnings and US economic numbers are better than expected. Morganlander said economic growth will continue sluggish. 48 S&P 500 have reported since Oct. 9 – 35 exceeded estimates. James Gaul at Boston Advisors sees more good news than bad and no reason for the
READ MORE... →Salient to Investors: The ZEW Center for European Economic Research index of investor and analyst expectations rose to minus 11.5 from minus 18.2 in September. Neil Jones at Mizuho Corporate Bank said the better the chances of a bailout for Spain, the more risk-on that is – the market is not prepared for the upside or
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