Yale housing guru Robert Shiller says he’s still not convinced the housing recovery is real. Shiller tells CNBC that some 10 million homeowners are still underwater on their mortgages, and…
Category: Economy
Paulsen Sees Signs of Solid Growth
Wells Capital Management’s Jim Paulsen sees a number of positive signs for the U.S. economy. Paulsen tells Bloomberg TV that third-quarter growth may have been around 3%, and that a…
Gross Talks Debt, Asset Allocation
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 &…
Buffett on the Fiscal Cliff
Warren Buffett says that even if the U.S. goes over the “fiscal cliff”, he doesn’t think it will lead to recession. “I don’t think that’s going to happen,” Buffett tells…
Guru-Inspired Picks from a Resilient Sector
In his latest column for Canada’s Globe and Mail, Validea CEO John Reese says he’s finding lots of opportunities in the resilient consumer sector. “The 2008 stock market crash, the…
Sonders: Don't Sell Housing Rebound Short
Charles Schwab’s Liz Ann Sonders says that a rebounding housing market will have more of an impact than many believe it will have on the economy. “People are still underestimating…
El-Erian On How To Handle The Fiscal Trouble
PIMCO’s Mohamed El-Erian says policymakers trying to address the country’s fiscal problems should focus on getting businesses and individuals to put the “ton” of cash now sitting on the sidelines…
Romick on Why Bernanke Needs to Go
In a recent letter to FPA clients, top fund manager Steven Romick says the Federal Reserve’s easy money policies are having and will likely continue to have troubling effects on…
Sonders Sees "Coiled Spring" Economy, But Concerned About Cliff
Charles Schwab Chief Investment Strategist Liz Ann Sonders says the expiration of the Bush-era tax cuts could be enough to push the economy into recession, but adds that the stock…
Fisher: Don't Let the Election Scare You Out of the Market
While the market has stumbled following Tuesday’s elections, top strategist Kenneth Fisher says investors shouldn’t get their market outlooks tied up with election results. “Don’t believe too much in your political…