Salient to Investors: Neil Dutta at Renaissance Macro Research said most regions are experiencing strong home-price appreciation off a low base, while cities with the biggest price appreciation are in places that had bigger busts. Fitch Ratings said price gains are unsustainable, with cities such as San Francisco and San
READ MORE... →Salient to Investors: Avinash Satwalekar at Vietcombank Fund Mgmt, a joint venture of Franklin Templeton Investments said: The time is right for buyout firms to invest in Vietnam as monetary and fiscal policy makers have created a very benign environment for investors and reforms take effect over the next 3
READ MORE... →Salient to Investors: Nobel Laureate Harry Markowitz said: Booms and busts happen and every time is different in terms of the fundamental causes. 2008 didn’t change the historical probability distribution of returns. 2008 was not an outlier event but a one-in-40 event and was not the worst year of return.
READ MORE... →Salient to Investors: Laszlo Birinyi at Birinyi Associates said the S&P 500 Index has a 51 percent chance of rising to 1,820 by February 2014 and a 75 percent chance by April 2014. David Einhorn at Greenlight Re said he has become more conservatively positioned, and continues to be short
READ MORE... →Salient to Investors: ATP, Denmark’s biggest pension fund said: Unprecedented stimulus from the biggest central banks has supported prices in “risky” markets, including equities, so investors need to brace themselves for potential disruptions when normalization of monetary policy comes, as recent investor reaction to the Fed’s warning of tapering showed
READ MORE... →Salient to Investors: Vivek Wadhwa at Singularity University said about Twitter IPO: Company long-term has no future – OK for the next 1 to 2 quarters but 1 to 2 years out it is hard to see where their growth will come from as their marketplace is limited, mainly to the US, while
READ MORE... →Salient to Investors: Warren Buffett said the US housing market is coming back but housing starts are not at an equilibrium point, where they match household formation. Buffett said housing will rebound because of increasing population and limited supply. Buffett said the US has made significant progress since 2009 after
READ MORE... →Salient to Investors: Jim Rogers writes: Inflation is everywhere, including India, China, Norway, and Australia. However, the BLS is lying about inflation in the US. Since 2001, the cost to go to the top of the Empire State Building has risen to $44 from $9, to the Museum of Modern
READ MORE... →Salient to Investors: Miller Samuel and Douglas Elliman Real Estate said: Hamptons real estate sales are surging, fueling a boom in knockdowns, expansions and quick resales. Hamptons home purchases in Q3 rose 32 percent from a year earlier to the most for a Q3 since 2005. Luxury homes rose 14
READ MORE... →Salient to Investors: RealtyTrac reported: Home purchases by institutional buyers reached a record high of 14 percent of sales in September and all-cash buyers accounted for 49 percent of sales – 10 percent nationwide were properties repossessed in foreclosures, with Las Vegas at 21 percent, Riverside and San Bernardino at
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