Salient to Investors: Mohamed El-Erian at Pimco said: The Fed’s determination to taper puts more risk in risk assets, such as stocks. The safety margin built into risk assets is much less now. The Fed is wary of upsetting financial markets, as it sees financial market strength as a key
READ MORE... →Salient to Investors: David Stockman said: QE is brewing asset bubbles around the world, exporting its lunatic policy worldwide Central banks all over the world have been massively expanding their balance sheets, and as a result of that there are bubbles in everything in the world, asset values are exaggerated
READ MORE... →Salient to Investors: Ryan Sweet at Moody’s Analytics said conditions for stronger growth are falling into place for early 2014, and housing will kick in and spur faster growth. Michelle Girard at RBS Securities expects the shopping season to be OK as employment growth of around 200,000 jobs a month
READ MORE... →Salient to Investors: Jim Rogers said he is long sugar, which is 75 percent from its all-time high in 1974. Read the full article at http://jimrogersonthemarkets.blogspot.com/2013/11/sugar-all-time-high-was-in-1974.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Alan Greenspan said: The US economy will grow closer to 2 percent in 2014 as it is restrained by a degree of uncertainty that is reducing investment, below the median economist estimate of 2.6 percent. The US stock market is not in a bubble. The economy is
READ MORE... →Salient to Investors: Richard Koo at Nomura said: Mini-bubbles can occur during a balance sheet recession, like this one. Not yet seeing a big bubble, but concerned about mini bubbles. In a monetary policy-driven market, money created by an accommodative central bank typically spreads throughout the economy and lifts markets. During
READ MORE... →Salient to Investors: Ellen Zentner at Morgan Stanley said: The Fed’s near-zero interest rate and QE is holding down US bond rates, meaning the US Treasury yield curve would struggle to invert, crimping its effectiveness as an indicator of business cycles. Yield curve inversion signals investors are betting on weaker
READ MORE... →Salient to Investors: New marketing research shows how we shop has as much to do with our mental state as with our material needs. People spend because they are sad or are feeling guilty or insecure. Martin Lindstrom says there is a direct correlation between lack of self-esteem and the
READ MORE... →Salient to Investors: David Kostin at Goldman Sachs said: The S&P 500 will fall 10 percent in the next 12 months before rebounding to end 2014 at 1,900, end 2015 at 2,100 and end 2016 at 2,200. The overall market should rise because the US economy will be getting better.
READ MORE... →Salient to Investors: Mohamed El-Erian at Pimco said: The global economy will expand 2.75 percent to 3.25 percent in 2014. The big question is less the next 12 months and more what comes after, given we are being sustained by experimental, untested policies. The US and Japan have outperformed other
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