GMO Chairman Jeremy Grantham released his first-quarter letter today. While Grantham reiterates some of the points GMO made in its first-quarter update (which we reviewed yesterday), he adds a good…
Author: Validea
Shiller: Be in Stocks & Real Estate, Despite Risks
Yale economist and housing-bust-predictor Robert Shiller says that, while housing and stock prices could well go lower in the short term, now is a good time for investors to be…
Matthews: Credit Markets Show Recovery Is for Real
Jeff Matthews, the longtime money manager, told Yahoo! TechTicker today that he thinks the economic recovery and stock market turnaround may well be for real. The key to a recovery,…
GMO: International Equities Promising, Govt. Bonds Dangerous
Jeremy Grantham’s GMO has released its first-quarter 2009 update, and the firm says it will continue to put money back into equities, though with a cautious approach. “Having increased our…
Buffett Talks Recovery, Bonds, and Banks
A myriad of Warren Buffett-related headlines have been coming out of Berkshire Hathaway’s annual meeting, ranging from Buffett’s thoughts on the economy to Berkshire’s succession plans to just what Buffett’s…
Gross on Haircuts, Shared Burdens, and those Green Shoots
In his latest Investment Outlook column on bond giant PIMCO’s web site, Bill Gross says that the recent crisis — and the government’s response to it — has changed the…
Gabelli and Munger on the Economy, Markets
“Woodstock for Capitalists” — the annual meeting of Warren Buffett’s Berkshire Hathaway — has been going on throughout the weekend in Nebraska, and Buffett’s comments have already made a lot…
Kass: S&P 1,050, Then a Pullback
TheStreet.com’s Doug Kass — whose early March bottom call continues to hold up — today offers a much more long-term outlook on the stock market. According to Kass, history —…
The Bond Fallacy
The bond bandwagon has gotten pretty crowded these days, with big names like Rob Arnott and Gary Shilling both writing that bonds — not stocks — appear to be the…
BlackRock's Doll: S&P Earnings Estimates Too Low; Market Bottoming Process Ending
BlackRock Vice Chairman Bob Doll tells CNBC that, while the economy isn’t good, “some [analysts] have gone too far to the negative side,” and says that those analysts who have…