Salient to Investors: Uche Orji at Nigerian Sovereign Investment Authority said: Many asset classes are richly valued, including developed market equities. The DJIA has gained each year since 2009 and Europe is recovering, so equity values may rise further amid Fed tapering. Nobody knows what tapering is and nobody has
READ MORE... →Salient to Investors: Jim Rogers writes: Be careful about what governments tell us. Germans, supposedly hardworking and disciplined, were found to be making up numbers related to job creation. Read the full article at http://blogjimrogers.blogspot.com/2013/09/germans-who-were-supposed-to-be_9688.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Jim Rogers writes: All government numbers are suspect. Last week, the US revised its economic statistics and added a whole economy bigger than the Swedish economy. Read the full article at http://blogjimrogers.blogspot.com/2013/09/all-government-numbers-are-suspect.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Wall Street’s biggest firms are predicting intensifying bond losses in emerging markets, where borrowing costs have already soared to the highest in more than 4 years versus US corporate debt. Jeffrey Rosenberg at BlackRock is not convinced we have seen the worst in terms of flows out
READ MORE... →Salient to Investors: Mao Sheng at Huaxi Securities said investors are getting more confident about the economic data and stocks will be steadily rising for the rest of the year. Xu Gao at Everbright Securities said we are clearly seeing stronger external demand momentum as manufacturing in the US and
READ MORE... →Salient to Investors: Kathryn Keneally at the Justice Department said taxpayers who still believe they can hide secret Swiss bank accounts from the IRS are beyond foolish, and Switzerland is no longer a good place to hide assets for tax reasons. Fourteen firms, including Credit Suisse, HSBC, and are under criminal investigation. A
READ MORE... →Salient to Investors: Fareed Zakaria said: The US has put its credibility on the line and will find it extremely difficult to keep its actions limited in a volatile situation. Ousting Assad would almost certainly lead to chaos and the ethnic cleansing of the Alawite sect and perhaps of other
READ MORE... →Salient to Investors: Roberto Perli at Cornerstone Macro said the reduced workforce poses a problem for the Fed as the unemployment rate declines faster than the Fed thought, but not for the right reason. If the drop is mainly driven by aging baby boomers retiring then the lower unemployment rate
READ MORE... →Salient to Investors: Albert R. Hunt writes: If Obama wins on Syria, most Republicans who supported him will want to distance on other issues; the party’s base is dominated by Obama haters. A loss would make his presidency appear impotent and damage the US’s global standing. Strategist Tom Davis says if
READ MORE... →Salient to Investors: Terry Sandven at US Bank Wealth Mgmt sees clear cumulative evidence of economic improvement, and expects the Fed to taper in September. Ron Florance at Wells Fargo Private Bank said unemployment is going in the right direction, just the wrong velocity, so the Fed will still taper,
READ MORE... →