Vista Partners Publishes July 2013 Macroeconomic & Investment Newsletter
Topics Include: Market Forecast, Global Stimulus Measures, Monthly
Macroeconomic Commentary, Investment Considerations, NBA & NHL
Playoffs, MLB & More
SAN FRANCISCO, CA -- (Marketwired) -- 07/09/13 -- Vista Partners
("Vista") announced today that it published its FREE Macroeconomic &
Investment Monthly Newsletter for the month of July. Each monthly
newsletter from Vista contains macroeconomic thoughts from Principal
Analyst, Ross Silver, investment considerations, monthly highlights
of each covered company and other broad based commentary.
In the July 2013 Macroeconomic & Investment Newsletter, Mr. Silver
states, "The Fed has consistently informed the market that its policy
rate -- Fed Funds at 25 basis points -- will stay there for a
substantial period of time even after the end of QE. My belief is
that the Fed Funds (the rate the Fed lends to banks) will not
increase until at least the end of 2015 which assumes the economy is
strong and producing 2%+ annual inflation at that time." Mr. Silver
continues, "Bill Gross who manages funds at PIMCO, the PIMCO Total
Return fund is the world's largest mutual fund, states in the PIMCO
July newsletter, 'Right now, Fed Funds futures markets are predicting
a 75 basis point yield in 2015, and Eurodollars validating a similar
conclusion. That would suggest a mispricing, despite the obvious
caveat of professional observers that some of the 75 is a surcharge
for potential volatility. In any case, if frontend curves are up to
50 basis points cheap, then intermediate curves -- the 10-year
Treasury -- may be as much as 35 basis points too cheap. They belong,
in my opinion, at 2.20% instead of 2.55%.'" Mr. Silver concludes,
"Loosely translated, yields seem to be getting ahead of themselves
and those of you short treasuries may want to tread cautiously."
Mr. Silver notes in the July Newsletter that Power Solutions
International Inc. (NASDAQ: PSIX) is hovering near its 52-Week high
of $38.25; their stock price has more than doubled since we initiated
coverage on January 15, 2013 at $17. In addition, a relatively recent
initiation ECOtality, Inc. (NASDAQ: ECTY) is up over 50% since we
initiated coverage in April and Ohr Pharmaceutic
al, Inc. (NASDAQ:
OHRP), is up 42% year to date and recently up-listed to the Nasdaq.
To read more, please download the FREE July 2013 Macroeconomic &
Investment Newsletter available at http://www.vistapglobal.com and
click "Download Research & Newsletter" to gain access.
The Companies featured in the FREE July 2013 Newsletter are: Acorn
Energy, Inc., Mast Therapeutics, Inc., Algae.Tec Limited, Auxilio
Inc., Digital Cinema Destinations Corporation (NASDAQ: DCIN), Ohr
Pharmaceutical, Inc. (NASDAQ: OHRP), BioTime, Inc., ECOtality, Inc
(NASDAQ: ECTY), Redhawk Resources, Inc. and Power Solutions
International Inc. (NASDAQ: PSIX). Other companies mentioned are
General Motors, Roche, Novartis, Selexys, Regeneron, Pfizer, Aramark,
Lufthansa and others.
About Vista Partners:
Vista Partners LLC, founded in 2005, is a
Registered Investment Advisor in the States of California and Oregon.
The firm's professional staff has backgrounds in finance, corporate
communications and investment banking. Vista focuses on investing in
and providing investment considerations on publicly traded companies
through a platform of stock research reports, newsletters, company
specific webpages and daily commentary. The platform of products is
meant to serve as potential tools for investors to learn about
investment considerations. It is Vista's mission to provide investors
with tools that may enable them to make profitable investment
decisions with the goal to deliver investment considerations that
outperform small, mid and large cap equity indexes.
Please follow us on Twitter @VistaPResearch & Facebook at
Vista-Partners to receive updates, thoughts and ideas about and our
coverage universe of companies and more.
Disclaimer & Disclosure:
We encourage readers to view a complete
list of disclaimers and disclosures on our website:
Vista Partners LLC
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