Salient to Investors: Koji Toda at Resona Bank said money that risk money that fled Europe’s debt crisis is gradually returning to places where there is policy optimism. Tim Leung at IG Investment said China’s economic momentum is slowing – the market expects the Chinese government to help accelerate the economy. Richard Fisher at Federal Reserve Bank
READ MORE... →Salient to Investors: Stephen Stanley at Pierpont Securities said what’s going on around the world is not make or break for the U.S. recovery. Read the full article at http://www.bloomberg.com/news/2012-08-09/trade-deficit-in-the-u-s-narrowed-more-than-forecast-in-june.html
READ MORE... →Salient to Investors: Jason Schenker at Prestige Economics sees positive growth signals, says the trade number signals Q2 GDP will be revised higher. Guy Wolf at Marex Spectron said for the market all that matters is the prospect of central bank monetary stimulus, so soft growth data, without inflationary pressure, is a green light for central
READ MORE... →Salient to Investors: The value of transactions in S&P 500 Index ETFs is about to exceed the turnover for all of the index stocks for the first time. Bears claim the increase in ETFs shows investors are giving up on picking stocks; bulls claim it shows that individuals and institutions still want to own equities
READ MORE... →Salient to Investors: Michael Woolfolk at Bank of New York Mellon Corp said the market is already very short euros and overly long dollars, so expects reversion to a more neutral basis. Peter Gorra of BNP Paribas said the European debt crisis will be solved sooner than people think. Geoffrey Yu at UBS said many people are resigned
READ MORE... →Salient to Investors: Speculators increased bets on commodities for a record eighth consecutive week and double year’s low on June 5 . Hedge funds upped net-long positions in 18 U.S. futures and options by 4.9 percent. Gold holdings climbed by the most since November 2008, cocoa bets reached a one-year high. instant credit no credit check U.S. service
READ MORE... →Salient to Investors: Fareed Zakaria said: Max Weber singled out China and Japan as cultures particularly prone to poverty and stagnation, but were the world’s fastest-growing two large economies over the past five decades. Another powerhouse, India, was once seen as having a culture totally incompatible with economic success. China was stagnant for centuries. What changed was their
READ MORE... →Salient to Investors: Phil Streible at R.J. O’Brien & Associates said traders think the Fed is watching the unemployment rate very closely, and that will determine the timing of the stimulus. Read the full article at http://www.bloomberg.com/news/2012-08-03/gold-pares-worst-weekly-performance-in-six-before-u-s-jobs-data.html
READ MORE... →Salient to Investors: The USDA reported the average value of all land and buildings on farms and ranches in the 48 continental states was $2,650 an acre in June versus $2,390 a year ago. thinkrogers.com/old/ Brent Gloy at Purdue University said the worst drought since the 1950s in the Corn Belt and
READ MORE... →Salient to Investors: Brian Jones at Societe Generale said the economy is stuck in a channel of lackluster growth. Read the full article at http://www.bloomberg.com/news/2012-08-03/u-s-july-payrolls-rise-more-than-forecast-unemployment-8-3-.html
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