Salient to Investors: Krugman has been unable to get the Fed to raise its inflation target to 4 percent or persuade Congress to increase spending to stimulate growth Jeffrey Sachs at Columbia University says Krugman shows too little concern for wasteful government spending, an approach which is disastrous both politically
READ MORE... →Salient to Investors: Mohamad Nasir Ab. Latif at EPF, Malaysia’s largest pension fund, said they were net buyers of Malaysian stocks during recent declines as foreign investors cut their holdings, and are looking at real estate in Europe and the US to diversify risk. The fund also plans to raise
READ MORE... →Salient to Investors: John McGrath at McGrath Estate Agents said: Home prices in Sydney could rise 5% to 10% by as much as 10 percent over the next 12 months, because as much as 80 percent of homes in parts of Sydney are being sold to Chinese buyers, driven by
READ MORE... →Salient to Investors: William Pesek writes: China’s escalating war on free expression is unfolding in ways that even George Orwell could not have dreamed up, and clear evidence that China will not be serious about economic reforms and its leaders lack an ingredient vital to overhauling the economy: self-confidence. Markets
READ MORE... →Salient to Investors: The MSCI Emerging Markets Index RSI touched 70, the level that signals a security is poised to decline. The last time it touched 70, on January 14, 2013, was followed by an 18% drop in 5 months. The Index breached its upper Bollinger band on Sept. 10,
READ MORE... →Salient to Investors: Jerry Haworth at 36 South Capital Advisors LLP said: payday loans for people with prepaid debit cards He has increased volatility investments to 90 percent of assets from 50 percent at the beginning of the year fluctuations in markets including currencies, commodities and equities. Central banks have
READ MORE... →Salient to Investors: Lawrence Summers estimated in December that estate and gift taxes raised only $14 billion in 2102, or 1 percent of the $1.2 trillion passed down in America each year, mostly by the very rich, suggesting our estate tax system is broken. Jerome Hesch at Berger Singerman said
READ MORE... →Salient to Investors: Jeffrey Currie and Damien Courvalin at Goldman Sachs said: Gold will fall into 2014 as the Fed tapers on the back of an acceleration in US activity and a less accommodative monetary-policy stance. Goldman’s economists expect tapering next week. Goldman maintained 3 and 6-month targets for gold at $1,300,
READ MORE... →Salient to Investors: Stanley Druckenmiller said: If the Fed were to end QE it would be a big deal for the financial markets, as indicated by the sell-off in bonds and emerging markets in the past few months on the mere hint that the Fed might taper. Fed purchases have subsidized all
READ MORE... →Salient to Investors: A Bloomberg poll of investors, analysts and traders showed: 40% see the euro-area economy as improving, more than 4 times the number in May 40% see the world economy as strengthening, the most since January 2011. 52% expect stocks to produce the best return over the next
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