Salient to Investors: Julian Robertson at Tiger Mgmt said bonds are at ridiculous bubble levels as governments worldwide buy bonds to keep their countries growing. Robertson said the bond bubble will end very badly but is finding equity opportunities in great companies, like Alibaba. Leon Cooperman at Omega Advisors said
READ MORE... →Salient to Investors: JC O’Hara at FBN Securities said the spread between the Russell and S&P 500 is widening again and worrying traders who want to see small caps participate.” Jonathan Krinsky at MKM Partners sees a good chance of US equities declining modestly into early October, citing deteriorating breadth and seasonal weakness.
READ MORE... →Salient to Investors: Gold held in ETPs are the lowest in 5 years, gold’s 60-day volatility is near a 5-yr low, and open interest near the lowest since 2009. Brian Levitt at OppenheimerFunds sees no compelling reasons to be in gold, and said no inflationary pressures and a Fed that will
READ MORE... →Salient to Investors: Fareed Zakaria said the IMF says India and China were similar sized in the 1980s yet China has gone from 2% of global GDP to 16% in three decades. Zakaria said India is poor, has a young, vibrant population and an extraordinary private sector, but over-regulation strangles growth.
READ MORE... →Salient to Investors: The US Centers for Disease Control and Prevention said Ebola could spread to hundreds of thousands more people by the end of January, 2015, with a worst-case scenario at 550,000 or more infections assuming no additional aid or intervention by governments and relief agencies. UN envoy David
READ MORE... →Salient to Investors: Gender inequality in median earnings adjusted for inflation is still significant. In 2013, women earned 78 cents for every dollar that a man made versus 77 cents in 2012. Women are more likely to be impoverished than men, especially for women 65 and older. In 2013, 2
READ MORE... →Salient to Investors: Silver ETP holdings are near October’s record while money managers reduced bullish wagers by 95% – Coeur Mining has hedged a third of its production through Q1 2015. Retail investors account for 80% of US ETP purchases and expect long-term growth to spur industrial demand from solar
READ MORE... →Salient to Investors: Pew Charitable Trusts said: 82% of American Gen Xers – those born between 1965 and 1980 – with at least a bachelor’s degree earn more than their parents did, yet only 30% have greater wealth. 70% of Xers without a college education earn more than their parents
READ MORE... →Salient to Investors: Adam Buchanan at Ziegler said the muni supply and the other rate pressures will have an effect, and buyers will try to get better rates. Lipper US Fund Flows data show that individuals have poured $8.3 billion into muni mutual funds in 2014, the most since 2012. Phil Fischer at
READ MORE... →Salient to Investors: Centaline said a wait-and-see attitude is still prevalent among homebuyers Donald Yu at Guotai Junan Securities said there is still room for prices to go down further as the policy easing only increased the number of people qualified to buy, not the number of those able to as mortgages remain
READ MORE... →