Salient to Investors: Jim Rogers writes: I own Swiss Francs but not Euros which has many problems. Read the full article at http://blogjimrogers.blogspot.com/search?updated-max=2013-09-23T05:00:00-05:00&max-results=7 Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Jason Rogan at Guggenheim Partners said the market was completely caught off guard by Bernanke, who clearly does not think the economy is ready for the Fed to pull back, and that means stronger Treasuries. Futures investors see a 43 percent chance that the Fed will increase
READ MORE... →Salient to Investors: Vincent Ho writes: China has kept wages low through monetary policy to attract capital investment from manufacturers, thereby exporting deflation as low labor wages keep prices of manufactured goods lower. China’s central bank will intervene to keep inflation relatively low and stop any significant deflation that would
READ MORE... →Salient to Investors: Jim Rogers writes: Renminbi globalization is good for all China because it means every investor worldwide can invest there, bringing great market opportunities to China’s commodities. China will become the world’s center for commodity transactions and its financial market will be the best in the world.The US
READ MORE... →Salient to Investors: Robert Bryce at the Manhattan Institute writes: Any transition away from our existing energy systems will be protracted and costly. Energy transitions occur over decades, even centuries. Coal use in the US is declining, but it is soaring in the developing world and booming in Europe. Global carbon
READ MORE... →Salient to Investors: Jonathan Weil writes: Comptroller of the currency, Thomas Curry, cautioned that some banks seemed to have been scrimping on their allowances against their loan losses – a fancy way of saying they may be fudging their numbers. Several large US banks, including JPMorgan Chase, Bank of America and Wells Fargo have been
READ MORE... →Salient to Investors: Jeremy Grantham at GMO said: Commodity prices fell for a hundred years by an average of 70 percent, and then from 2002 basically everything tripled and regained the whole decline in 6 years – tobacco was the only commodity that fell. The game changed because of the
READ MORE... →Salient to Investors: Philip Dicken at Threadneedle Asset Mgmt said the lack of tapering was a real surprise and signals that if the Fed is worried about growth it will not taper, and that is another net positive for European equities, where life is getting incrementally better. Dicken said whereas
READ MORE... →Salient to Investors: EPFR Global data showed global equity funds attracted the largest inflows since at least 2005 last week. Wellian Wiranto at Barclays expects further inflows given that appetite has stabilized quite significantly and tapering was postponed, while it is s hard to see tapering in October. Wiranto said
READ MORE... →Salient to Investors: Tim Hartzell at Sequent Asset Mgmt said the underlying data may turn weaker despite 5 years of easy money, and stocks are dependent on this monetary stimulus. Economists predict the US will expand 1.6 percent in 2013 and 2.7 percent in 2014. 24 of 41 economists expect
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