Salient to Investors: Andrew John Hall at Astenbeck Capital Mgmt said: The shale-oil boom will not mean long-term cheap, abundant energy because it will play out far sooner than many analysts expect, resulting in a steady increase in oil prices to as much as $150 a barrel in 5 years or
READ MORE... →Salient to Investors: Richard Arum at NYU and Josipa Roksa of University of Virginia found: Students who did as little as possible during college continued to drift after graduation. Many college students took easy courses, regarded themselves as privileged customers, socialized heavily, and came away with little to show for
READ MORE... →Salient to Investors: P/E ratios among the 50 largest companies in the S&P 500 Index deviate from the mean by an average 22%, nearly the lowest on record since 1990. An average of 380 Index companies rose in each of the last 5 years, versus 307 in the 1990s. In 2007,
READ MORE... →Salient to Investors: Fareed Zakaria said: Defeating ISIS would require a large and sustained strategic effort from the US but without significant numbers of US ground troops. ISIS videos of executions are designed to sow terror in the minds of opponents who when facing ISIS fighters now reportedly flee rather
READ MORE... →Salient to Investors: The Social Mobility and Child Poverty Commission found: The UK is deeply elitist and small elites, educated at independent schools and Oxford/Cambridge still dominate top roles 71% of senior judges, 62% of senior armed forces officers, 55% of top civil servants, 50% of the House of Lords,
READ MORE... →Salient to Investors: Gold prices and gold ETP holdings have the most-negative correlation since 2004, making the latter less useful as market predictors.. Mark Luschini at Janney Montgomery Scott said the disconnect is because a lot of money has left. Comex open interest fell to a 5-yr low this month and volatility
READ MORE... →Salient to Investors: The Consumer Financial Protection Bureau reports the share of Americans 65 and older with mortgage debt rose to 30% in 2011 with a median debt adjusted for inflation of $79,000, from 22% in 2001 with a median debt of $43,400. The increase in mortgage debt makes these households more susceptible
READ MORE... →Salient to Investors: Dan Matjila at The Public Investment Corp. expects betting on developing South Africa’s power generation, roads, banks, communications and education will boost its economy and improve investment returns. Matjila said increasing investments in developmental projects, such as renewable energy, and in the rest of Africa would increase
READ MORE... →Salient to Investors: Alexander Antipov at Veles Capital said investors are cautiously optimistic as there are talks and there have been no new sanctions on Russia. Antipov said Russian equities are very cheap, and long-term investors will make serious profits when the Ukraine crisis is solved and things return to
READ MORE... →Salient to Investors: The CBO predicts: A declining jobless rate will raise tax revenues and shrink the US budget deficit to $469 billion in 2015, $506 billion in the 12 months ending September 30 – versus predictions of $492 billion in April and $680 billion in 2013, and a record $1.4 trillion
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