Lakshman Achuthan of the Economic Cycle Research Institute is standing by his previous call about the U.S. having entered recession in the middle of 2012. Achuthan tells Bloomberg Surveillance that,…
Face Your Fiscal Cliff Fears
Validea CEO John Reese says that investors who are worried about the fiscal cliff shouldn’t bail on stocks. “History shows that even if we do go off the cliff, the…
Do Confidence Gains Mean More Market Gains?
Consumer confidence remains tepid but has been rising, recently hitting its highest level in four years. Is that good news for stocks? MarketWatch’s Mark Hulbert says no. Hulbert analyzed three…
Shiller Doubtful of Housing Recovery
Yale housing guru Robert Shiller says he’s still not convinced the housing recovery is real. Shiller tells CNBC that some 10 million homeowners are still underwater on their mortgages, and…
Buffett: Enact Minimum Tax for Wealthy Now
Warren Buffett says Congress should enact a law establishing a minimum tax rate on the wealthy right now. In an op-ed piece for The New York Times, Buffett disputes the…
Fisher's Best 2013 Buy
Forbes’ Kenneth Fisher says his top stock to buy in 2013 is pharma giant Pfizer. “It has near endless top-notch brand names, and a stream of new products will capture…
Paulsen Sees Signs of Solid Growth
Wells Capital Management’s Jim Paulsen sees a number of positive signs for the U.S. economy. Paulsen tells Bloomberg TV that third-quarter growth may have been around 3%, and that a…
Gross Talks Debt, Asset Allocation
PIMCO’s Bill Gross says that if the U.S. doesn’t reverse its big deficits and rising debt, it “could resemble Greece within a decade.” In an interview with U.S. News &…
Chemical Reactions for the Gurus
In his latest column for Nasdaq.com, Validea CEO John Reese takes a look at some chemical industry stocks that are attractive right now. “Right now, chemical manufacturers have a couple…
Buffett on the Fiscal Cliff
Warren Buffett says that even if the U.S. goes over the “fiscal cliff”, he doesn’t think it will lead to recession. “I don’t think that’s going to happen,” Buffett tells…