Source link: http://www.bloomberg.com/news/2013-09-09/bershidsk-ys-view-from-europe.html Investors pour money into European securities. According to Goldman Sachs research, U.S. pension funds and other institutions invested $65 billion in European equities in the first half of 2013, the highest since 1977 in that period. Now, there is a boom in European corporate bonds: In the last two weeks, $29 billion has been invested in 39 issues of these securities. Switzerland's Nestle and Norway's Statoil were among the issuers, raising a combined $2.4 billion. Europe is clearly the new investment fashion, even though equities have appreciated significantly since last year and worries about the state of the European economy have not been dispelled. Investors now fleeing emerging markets to invest in Europe may soon have to deal with a ripple effect, though: A third of the big European companies' revenues come from emerging markets. Read more: http://corlissonlinegroup.com/

1. The Corliss Group Barcelona and Hong
Kong Financial News Magazine talks
about Bershidsky's View From Europe
Source Link:
http://www.bloomberg.com/news/2013-09-
09/bershidsk-ys-view-from-europe.html

2. Investors pourmoney into European securities.
According to Goldman Sachs research, U.S. pension funds and
other institutions invested $65 billion in European equities in the
first half of 2013, the highest since 1977 in that period. Now, there
is a boom in European corporate bonds: In the last two weeks,
$29 billion has been invested in 39 issues of these securities.
Switzerland's Nestle and Norway's Statoil were among the issuers,
raising a combined $2.4 billion. Europe is clearly the new
investment fashion, even though equities have appreciated
significantly since last year and worries about the state of the
European economy have not been dispelled. Investors now fleeing
emerging markets to invest in Europe may soon have to deal with
a ripple effect, though: A third of the big European companies'
revenues come from emerging markets.

3. Russian opposition in biggest electoral success since before
Putin.
About 7000 election campaigns ended in Russia on September
8, the biggest of them for Moscow mayor. Kremlin appointee
Sergei Sobyanin narrowly avoided a second round of voting
against opposition leader Alexei Navalny, who is refusing to
recognize the result, claiming fraud. In at least four cities,
including the important city of Yekaterinburg in the Ural
Mountains, President Vladimir Putin's United Russia party
suffered defeats. Western-style election campaigning and public
politics are returning to Russia after a 13-year lull caused by
Putin's undisputed leadership. Though his grip on power is still
strong, the opposition is beginning to gain momentum.

4. France to tax households an extra $13 billion in 2014.
France's 2014 budget is entering the final round of discussions,
with corporate taxes planned at roughly the same level as this
year and an extra $13 billion in levies on households. These
come from the cancellation of income tax exemptions for the
parents of students, a rise in pension contributions, the inclusion
of corporate health insurance in the income tax base and a
spate of other measures. While Francois Hollande's Socialist
government has realized that it cannot keep raising taxes on
business if it wants unemployment to go down, it is about to deal
a new blow to economic growth by undermining demand.
Read more:
http://corlissonlinegroup.com/