Oakmark’s David Herro says global equities remain a “good asset class”, and thinks that a Mitt Romney presidency would mean good things for the U.S. economy. Herro tells Bloomberg that…
Category: Economy
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…
Sonders: U.S. Economy Turning, Healthier Market Should Follow
Charles Schwab Chief Investment Strategist Liz Ann Sonders says the U.S. economy appears to have hit some inflection points, which means good things for stocks. “I believe it’s important to…
Mobius: China and Europe Fears Overwrought
Emerging markets guru Mark Mobius says he thinks people are too pessimistic on China and Europe. “If you look at independent statistics as related to China — for example, exports…
El-Erian: 'Central Bank Put' Won't Last Forever
PIMCO’s Mohamed El-Erian says global central bank policies have inflated asset values beyond what fundamentals merit, and says that won’t last forever. “That central banks are essentially ‘all in’ is, in…
Sonders: U.S. Economy Creating More than Paper Wealth
Charles Schwab’s Liz Ann Sonders says a strong Corporate America and green shoots of economic improvement have her optimistic on stocks. “The economy is actually creating stuff and not just…
Shiller Study: Housing Recovery No Sure Thing
In a new paper, housing guru Robert Shiller and two of his colleagues say they aren’t yet convinced the housing market is in a recovery. “A recovery may be plausible,…
Gross: Close the Gap, or Become Like Greece
PIMCO bond guru Bill Gross says the U.S. needs to close its “fiscal gap” quickly, or risk a Greece-like debt crisis. In his latest investment commentary, Gross says that he…
Sonders: Don't Discount The Millennials
Charles Schwab’s Liz Ann Sonders says that, contrary to what some believe, the aging of the Baby Boomer generation doesn’t mean doom for the stock market. Sonders tells Morningstar that…
Winters Likes Railroad Stocks -- Like Berkshire
Top fund manager David Winters says railroad companies are like a “canary” that signals how the economy is doing, and increased recent freight traffic indicates “the canary’s beginning to sing”.…