Salient to Investors: Ryan Sweet at Moody’s Analytics said the consumer will be unable to lead the recovery. The saving rate dropped to the lowest since April, while disposable income had its weakest reading since November. The jobless rate has exceeded 8 percent for 43 months, the longest stretch since monthly records began in
READ MORE... →Salient to Investors: Bespoke report that the Dow has risen an average 1.8 percent over the last twenty Octobers, with positive returns 70 percent of the time. Read the full article at http://www.bloomberg.com/news/2012-09-28/u-s-stock-futures-are-little-changed-home-depot-rises.html
READ MORE... →Salient to Investors: Gold typically takes a breather in relative returns to the S&P500 in October and December, has been a stellar outperformer in November. Silver has historically outperformed the S&P 500 in October and November, but underperformed in December. Q4 is fairly strong seasonally for gold and silver. Read the full article at http://seekingalpha.com/article/892241-silver-may-prove-a-better-bet-than-gold-in-q4?source=intbrokers_regular
READ MORE... →Salient to Investors: Alan B. Krueger at the White House’s Council of Economic Advisers said revisions suggest that the recession that began at the end of 2007 was deeper than initially reported, and the jobs recovery over the last 2.5 years has been stronger than initially reported. Macroeconomic Advisers sees growth tracking at
READ MORE... →Salient to Investors: An estimated nearly one out of two tomatoes eaten in the US comes from Mexico. Florida is the US’’s largest producer, followed by California. The risk of hurricanes in Florida makes it harder for growers there to set up greenhouse cultivation. Gary Clyde Hufbauer at the Peterson Institute
READ MORE... →Salient to Investors: Leslie Chua at Deutsche Bank says: Retail real estate and logistics facilities in Southeast Asian cities, including Bangkok, Jakarta and Kuala Lumpur, are attractive and office markets in Sydney and Melbourne are attractive because of a lack of supply. Investors are caught between a rock and a hard place – the need to
READ MORE... →Salient to Investors: Joyce Chang at JPMorgan Chase said QE3 puts emerging-market corporate and sovereign debt in a sweet spot by reducing bond supply and prompting investors to seek higher-yielding debt – modest borrowing by emerging-market governments and companies has avoided a supply glut. Chang favors commodity-related currencies including the Russian ruble, Mexican peso and
READ MORE... →Salient to Investors: Daniel Altman at NYU and BigThink says the biggest threat facing the global economy is short-term thinking, which has swept over the world in the past few decades. One cause is we can’t plan for the long-term as easily as we used to because of the growing complexity of
READ MORE... →Salient to Investors: Investors will soon be more concerned about missing out on the rising markets than preparing for the next leg of the bear market. Gold will make a serious run at $2,000. Short-selling is a great strategy but risks mandatory buy-ins. Read the full article at http://seekingalpha.com/article/890301-how-to-prepare-for-the-bear?source=intbrokers_regular
READ MORE... →Salient to Investors: Equity markets will trend higher even if economic activity continues slow for a prolonged period. Any market correction over 10% is a buying opportunity. Asset markets are critical in the current environment and markets will not crash or collapse for the foreseeable future. The banking system has been flooded with enough
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