Salient to Investors: Goldman Sachs expects the Reserve Bank of India to raise the policy interest rate to 8.5 percent in 2014 from 7.75 percent. Radhika Rao at DBS Bank said Indian growth will remain in low gear, with the odds of expenditure restraint high given India has to prevent
READ MORE... →Salient to Investors: Jim Rogers said the world has consumed more than it has produced for the last decade so inventories are near historic lows. Plus we are running out of farmers: the average age of farmers in America is 58, in Japan is 66 and no young people are
READ MORE... →Salient to Investors: Jim Rogers said more people in America study public relations than study agriculture which is why we have low inventories and are running out of farmers. The world is facing a crisis. Read the full article at http://jimrogersonthemarkets.blogspot.com/2013/11/agriculture-world-is-facing-crisis.html Click here to receive free and immediate email alerts of the
READ MORE... →Salient to Investors: Hedge funds et al pushed wagers that bet the yen will fall versus the dollar to the highest since July 2007, versus the median of over 50 analysts who see the yen as flat through Q1, 2014. Brad Bechtel at Faros Trading said everybody likes dollar-yen higher.
READ MORE... →Salient to Investors: Gold shipments to China from Hong Kong rose in October to the second-highest on record, while purchases in the first 10 months of 2013 were more than doubling a year earlier. The World Gold Council said China is on course to overtake India as the world’s biggest
READ MORE... →Salient to Investors: Ken Fisher at Fisher Investments said: Ending QE would be the most bullish thing we can do because it is not a stimulus – it flattens the yield curve and slows things down. We are doing well despite QE, not because of it. Historically, a steeper yield
READ MORE... →Salient to Investors: Amanda Schneider at Goldman Sachs said that more than half of the 50 favorite short positions of the major hedge funds have outperformed the S&P 500 year so far this year, and 5 have returned over 100%. The top 25 stocks on the Goldman list based on
READ MORE... →Salient to Investors: Traders do not expect the Fed to raise interest rates until 9 months after ending QE, or late 2015. Gregory Whiteley at DoubleLine Capital said a fed funds increase on the heels of that last QE purchase is no longer the consensus. Joe Ramos at Lazard Asset
READ MORE... →Salient to Investors: Tony Hsu at the Dalton Greater China Fund focuses on entrepreneur-led companies and against state-controlled enterprises. Hsu likes Hong Kong-listed property developers with prime assets in the largest Chinese cities yet trading at large discounts to their NAV, because first-tier cities will be major beneficiaries of the
READ MORE... →Salient to Investors: Jeremy Grantham at GMO said: The US market, especially riskier shares, could rise another 20 percent to 30 percent in the next year or two, along with the rest of the world, including emerging-markets, followed by a serious market bust. The S&P 500 is 40 percent overvalued.
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