Salient to Investors: Economists say the surge in part-time employment last month takes little away from the overall picture of steady progress in the labor markets. Millan Mulraine at TD Securities USA said the turn in labor market dynamics in favor of full-time employment started in late 2013, and the
READ MORE... →Salient to Investors: If too many people decide to get out of bond funds at the same time, the wave of selling could swamp the market, forcing fund managers to unload their bonds at rock-bottom prices in a downward spiral. Ira Jersey at Credit Suisse says taxable bond funds have
READ MORE... →Salient to Investors: Jim Vogel and Chris Low at FTN Financial said: Treasuries are years away from reverting to pre-financial crisis levels as growth remains weak and several hundred thousand people fall out of the labor force. Yields will end 2014 at 2.55 percent versus the median estimate of 3.07 percent.
READ MORE... →Salient to Investors: Analysts expect earnings to fall this year at Goldman Sachs, JPMorgan Chase et al, but rise 20 percent or more at discount brokers. Chad Morganlander at Stifel, Nicolaus said household investors are getting more confident as their fear thaws out – volatility terrifies retail investors. James Gaul
READ MORE... →Salient to Investors: Robert Battalio at Notre Dame said: Dark pools have existed forever: shut them down and new forms will arise elsewhere because money managers are too fond of them. Order flow will always have multiple venues to execute on because one size does not fit all. Brokers favor
READ MORE... →Salient to Investors: Laszlo Birinyi at Birinyi Associates said: Investors and analysts are obsessed with the idea of a correction despite their vain efforts to foretell one. Corrections are event-driven and not organic. Of the 6 bull markets since 1982 – with 14 bull-market corrections – this one has had the most
READ MORE... →Salient to Investors: The China Gold Association said the global flow of gold from west to east that helped to make China the world’s largest user at 28 percent of global usage in 2013 will last for up to two decades as rising incomes spur demand. Asia accounted for 63
READ MORE... →Salient to Investors: A Zillow.com study of average home prices in the 50 largest housing markets over 117 rolling 5-yr periods since 1979 found: Real estate prices regularly rollercoast. The biggest risk of loss, 36.8% of the period, occurred in Hartford, Connecticut The least risk of loss – the most
READ MORE... →Salient to Investors: Jim Rogers writes: Do not sell any kind of energy, especially oil and gas, because of the many geopolitical risks ahead, and because the supply/demand situation means we will need more energy over the next decade or two. Read the full article at http://jimrogersonthemarkets.blogspot.com/ Click here to receive
READ MORE... →Salient to Investors: Jim Rogers writes: The price of oil and natural gas and energy will surprise on the upside and for longer than expected because known reserves of oil are declining worldwide and no new elephant oil fields have been discovered in decades. Read the full article at http://jimrogersonthemarkets.blogspot.com/ Click
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