Wells Capital Chief Investment Strategist James Paulsen says that, with the market digesting several major issues, he expects stocks to remain in a trading range for the remainder of the…
Category: Economy
Siegel Sees Win-Win for Stocks
Author and Wharton professor Jeremy Siegel has taken a lot of heat for his bullish predictions over the past couple years. But he’s largely been on the money — and…
Achuthan Standing By Recession Call
Economic Cycle Research Institute chief Lakshman Achuthan stands by the well-respected group’s claim that a recession started last year. “Growth is not there,” Achuthan recently told Bloomberg Television, adding that…
Yardeni: Near-Term Pause, But Bull Has A Ways To Go
Strategist Ed Yardeni says he expects a pause in the near-term, but thinks the bull market in equities is likely to continue for a couple more years. “We forget that…
Paulsen: Tapering Will Lead To More Confidence, Not Less
Wells Capital’s James Paulsen thinks that the “great Fed myth” about the stock market rally being a “sugar high” will soon be debunked. Paulsen tells Bloomberg he thinks the market’s moves…
Rosenberg: U.S. Now On "Terra Firma"
Gluskin Sheff Chief Economist & Strategist David Rosenberg says that a “firmer floor” has developed under the U.S. economy, and he doesn’t see recession coming anytime soon. “I don’t see…
El-Erian: U.S. Improving, But "Not At Escape Velocity"
PIMCO’s Mohamed El-Erian says the U.S. economy is improving, but still has big issues to deal with. “We continue to heal … but we’re not at escape velocity,” El-Erian tells…
Siegel: Taper Already Baked Into Stocks
Wharton professor and author Jeremy Siegel thinks the Federal Reserve will begin tapering its bond-buying program in September, and he thinks the move is already baked into stock prices. Siegel…
Herro: Microeconomics the Key to Growth
While investors have been hyperfocused on macroeconomic factors in recent years, Oakmark’s David Herro says microeconomic reforms are crucial to the global economy and markets. In his second-quarter letter, Herro…
Rosenberg: Economy Picking Up Steam
The often-gloomy David Rosenberg of Gluskin Sheff says the June jobs report looks pretty strong, and indicates consumer spending should be strong through the summer months. Rosenberg says that in…