Salient to Investors: Fareed Zakaria said: The distinctive feature of the American system is how undemocratic it is. Three co-equal branches of government and the one with the final say on many issues is composed of 9 unelected men and women. The Senate, the most unrepresentative upper house in the
READ MORE... →Salient to Investors: John Maynard Keynes wrote in 1934: “As time goes on, I get more and more convinced that the right method in investment is to put fairly large sums into enterprises which one thinks one knows something about and in the management of which one thoroughly believes.” And:
READ MORE... →Salient to Investors: Jim Rogers writes: If you can only visit one country in your life, visit India. Short India: just read its newspapers every day and you will see why. Read the full article at http://blogjimrogers.blogspot.com/2013/08/yes-i-have-new-reasons-to-short-india.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Jim Rogers writes: In the 1920s and 1930s, the center of the world moved from the UK to the US, primarily due to financial problems and political mistakes. The centre of the world is now moving from the US to Asia, due to the financial crisis and
READ MORE... →Salient to Investors: Jim Rogers writes: Problems always come no matter what governments say and we have always had slowdowns in America after every 6 or 7 years even in good times. The next time around, things are going to be much worse, especially in countries where the debt is
READ MORE... →Salient to Investors: Caroline Baum writes: Markets all along understood that tapering and raising the federal funds rate were two different animals. Central bankers have fallen in love with their own voices, and communication has become a policy tool. Benn Steil at the Council on Foreign Relations said new BoE
READ MORE... →Salient to Investors: Caroline Baum writes: The bad idea that the Fed could “fix” things faster with more inflation keeps popping up in academic circles: Kenneth Rogoff of Harvard in December 2008, followed by Greg Mankiw of Harvard, Olivier Blanchard at the IMF in 2010. Noah Smith advocates inflation of
READ MORE... →Salient to Investors: US corporate-bond trading volume in August have fallen to the lowest since 2008 despite soaring company debt. Exiting from fixed-income securities is getting tougher as the biggest bond dealers adapt to new capital standards by reducing inventories by 76 percent since the peak in 2007. The 21 primary dealers reduced
READ MORE... →Salient to Investors: Adrian Miller at GMP Securities said 2 weeks of Fed-speak have laid the foundation for a September tapering. Bill Gross at Pimco said no more QE mean no more bull markets. The 30-year bond yield was 3.91 percent on August 19, the most since August 2011. Vincent Chaigneau at Societe Generale said 10-year
READ MORE... →Salient to Investors: Jim Rogers writes: The next slowdown will be a lot worse. In America, the debt quadrupled and a lot of the debt is garbage. We are floating on an artificial sea of liquidity. Read the full article at http://blogjimrogers.blogspot.com/2013/08/in-america-debt-quadrupled-and-lot-of.html Click here to receive free and immediate email alerts of the
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