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 &…
Category: asset allocation
Stattman Still Likes Equities
Top fund manager Dennis Stattman of Blackrock says that he thinks equities are the best place for investors to be right now. Stattman tells Bloomberg that he would spread his…
Cooperman Growing Less Bullish on Stocks, But Sees Few Alternatives
Hedge fund guru Leon Cooperman has become a bit less bullish on stocks, though he thinks they are still the best asset class available for investors. Cooperman tells CNBC’s Larry…
Top Fund Manager: Flight to Safety Overdone
Oakmark’s Clyde McGregor, who manages several funds with strong long-term track records, says his equity/income fund is tilted strongly toward equities, with fixed income offering few good opportunities. McGregor says…
Forester Cautious and Defensive
Fund manager Tom Forester released his third quarter commentary earlier this month, and his message was one of caution. “As risks have increased, we have increased our protection,” Forester wrote.…
Eveillard: Gold Still Looks Good
Top value investor Jean-Marie Eveillard says that despite its big gains in recent years, gold “cannot be overvalued” in the current environment. “We have, so far, a minor correction,” Eveillard…
Gross Talks Stocks, Bonds, Gold & Inflation
PIMCO bond guru Bill Gross says that both stocks and bonds are a bit “bubbled” because of the Federal Reserve’s policies, but that high-quality dividend-paying stocks should perform better than…
O'Shaughnessy: Block Out The Noise
James O’Shaughnessy says to block out the noise and listen to what history has to say about where the stock market is headed — upward. “We need perspective on the…
Herro Still Keen on Europe
While many investors continue to avoid European stocks amid the continent’s debt crisis, top fund managers David Herro and Rob Taylor are still betting big on European stocks. In their…
Bonds Very Unlikely to Beat Stocks over Next Decade, Says Bogle
While bonds have performed very well in recent years, Vanguard Founder Jack Bogle says the odds are very high that stocks will outperform bonds over the next decade. “I think…