Yale economist Robert Shiller, who called both the Internet and housing busts, says that he doesn’t see another era of “irrational exuberance” occurring anytime soon. But that doesn’t mean he’s…
Category: Economy
A "U" Recovery Probable & More Writedowns to Come, Says Forester
Tom Forester, whose Forester Value fund is one of the top performers in its class over the past 3, 5, and 10 years, says he thinks the recession is over,…
Siegel: Recession Over & Stocks Attractive, but Unemployment to Stay High
Wharton professor and author Jeremy Siegel says that the U.S. recession is over and that it’s a good time for investors to be putting money in the stock market —…
Doll: Growth to Be Subpar, But Stocks Should Rise
In Consuelo Mack’s latest WealthTrack interview, Blackrock’s Bob Doll says he sees subpar growth on the horizon for the U.S. — but rising equity prices as well. Doll, vice chairman…
Top Forecasting Group: V-Shaped Recovery Unstoppable
The managing director of the Economic Cycle Research Institute — whose leading indicators have a very solid track record of predicting economic trends — says we’re in the early stages…
Icahn: Opportunities are there, but Amateur Investors Beware
Billionaire activist investor Carl Icahn tells CNBC that the economy is on a “precipice” and the market is “schizophrenic”, but he still sees opportunities in some areas. Icahn says he…
Soros Sees Slow U.S. Recovery -- But He's Still Buying Stocks
While hedge fund guru George Soros has been saying that a U.S. economic recovery is a ways off, he’s still buying up shares in some stocks, The Wall Street Journal…
Fidelity's Bolton: Multi-Year Bull in the Works
Fidelity’s Anthony Bolton, one of the U.K.’s top fund managers, says that we’re embarking on a multi-year bull market for global equities, with developing nations leading the way. “Low growth…
Stiglitz: Stumbling Blocks Ahead
Columbia University economist and Nobel laureate Joseph Stiglitz tells Bloomberg News that he sees rough terrain ahead for the economy, and, potentially, the markets. Stiglitz says the next quarter or…
10 Picks for a Now-Expanding Services Sector
The Institute for Supply Management released its latest services sector report this morning, and the results were encouraging: The group’s non-manufacturing index indicated that service sector activity expanded in September…