Salient to Investors: August sales of gold coins by the US Mint were the lowest since July 2007, retreating for the fourth straight month. Paul Kavanaugh at FuturePath Trading said after the April surge we have not seen that kind of demand as equities and the dollar look more attractive. Read the
READ MORE... →Salient to Investors: Caroline Baum writes: C. Fred Bergsten says Sweden combines a social welfare society with a free-market economy and a high degree of government efficiency: nearly two-thirds of Swedes confirm by phone that the tax form prepared for them by authorities is correct. cards use your Michael McDonald
READ MORE... →Salient to Investors: Matthew C. Klein writes: GDP has been expanding at the same rate in half1 as it has since mid-2010, showing that Fed stimulus has offset fiscal tightening. However, growth is still too anemic to return to anything resembling full employment for several more years, even under the most optimistic assumptions.
READ MORE... →Salient to Investors: Steve Hanke at Johns Hopkins University said inflation is always and everywhere a monetary phenomenon, but hyperinflation is always and everywhere a political phenomenon. payday short term loan Ricardo Hausmann at Harvard says the Fed’s planned tapering is not the only reason why emerging-market stocks and bonds
READ MORE... →Salient to Investors: Jim Rogers writes: Power corrupts. Singapore was lucky. Congo had a dictatorship for a long time, but has nothing to show for it. I moved to Singapore. Read the full article at http://blogjimrogers.blogspot.com/2013/08/power-corrupts.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: William Pesek writes: Scary drops in the Indian rupee, Indonesian rupiah, Malaysian ringgit and Thai stocks are fueling anxieties almost everywhere. Korea is a rare exception. A current-account surplus equal to 4.9 percent of GDP, a well-performing won the IMF says is undervalued, and expectations for 4
READ MORE... →Salient to Investors: Charles Beddington said Caravaggio is a particularly difficult artist as the quality of his execution is variable, and so he’s easy to copy. Beddington said the big auction houses are keen to avoid bad publicity and are extremely careful about consulting the relevant academics. Samson Spanier said several recent high-profile cases
READ MORE... →Salient to Investors: Mohamed El-Erian at Pimco said: Weakening emerging-market growth and spiraling currencies risk creating headwinds for a recovering US economy. Longer-term, we should care due to the feedback loop to the US. We will see a tightening of financial conditions to markets, with growth more challenged and the ability of
READ MORE... →Salient to Investors: Democracy being a problem may have credence in some Asian countries. When South Korea opened up, the people were rich and got rid of the government without ruining the country. Likewise Taiwan. But India has not been a true democracy since 1947 as the opposition has had just
READ MORE... →Salient to Investors: Private-equity firms, hedge funds and REITs have bought more than 100,000 US homes, becoming dominant single-family landlords in markets hardest-hit by the housing crash such as Atlanta. Christopher Thornberg at Beacon Economics said investors that are building home-rental companies may not want to take on the red tape, stigma of
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