Charles Schwab Chief Investment Strategist Liz Ann Sonders says Congress’ inability to deal with the U.S.’s “fiscal cliff” is preventing rallies in the stock market — and leading to the…
Day: July 16, 2012
Top International Managers Staying Defensive
Two international mutual fund managers with stellar long-term track records, Tom Forester and Robert Wyckoff Jr., have been continuing to beat the market recently using defensive approaches. Forester has outperformed…
Gross Sees Anemic Growth for Next Decade
PIMCO bond guru Bill Gross thinks the U.S. economy will grow at a 1.5% pace over the next decade, far below its historical norm. “Slower growth means lower returns on…