PIMCO bond guru Bill Gross is standing by his comments that the “cult of equity is dying”, saying that near-zero interest rates are stunting lending and growth, and leading to…
Category: Economy
Why Akre Sees Stagflation Ahead
Top fund manager Chuck Akre says a constrained consumer will mean continued slow growth for the U.S. — part of why he sees stagflation coming. Akre tells Bloomberg that robust…
Investor Fears Have Rogers Sounding Bullish
Top fund manager John W. Rogers, Jr. says that the combination of lingering fear among investors and improving economic and corporate conditions are signaling a time to buy stocks. “Housing…
El-Erian: Risk/Reward of QE3 Getting "Less Favorable"
PIMCO’s Mohamed El-Erian says the Federal Reserve shouldn’t do anything that would disturb the bottoming of the housing market, and says the risk/reward outlook of another round of quantitative easing…
Ritholtz: September Is "Make or Break" for Cyclical Bull
Barry Ritholtz of FusionIQ and The Big Picture blog says September will be a “make or break” month for the cyclical bull market. Ritholtz tells Bloomberg’s “Surveillance” that he is…
Hussman Talks "Extreme Strains", and Momentum Investing
Fund manager John Hussman says he sees “extreme strains” ahead that many investors are underestimating. In an excerpt from his most recent market commentary posted on Seeking Alpha, Hussman talks…
Paulsen: Say 'No' To QE3
Wells Capital Management’s Jim Paulsen says the Federal Reserve shouldn’t undertake another round of quantitative easing, and instead should focus on restoring confidence. “I think the Fed, by continuing to respond…
Buffett's Muni Move: Troubling Sign?
Warren Buffett’s Berkshire Hathaway recently terminated credit default swaps it had made insuring $8.25 billion in municipal debt. Here, Colin Barr of The Wall Street Journal discusses Berkshire’s muni move,…
Arnott Sees Opportunities in Emerging Markets
Rob Arnott of Research Affiliates and PIMCO says emerging markets continue to offer some of the better investing opportunities. “Emerging markets, for the most part, don’t have large deficits; for…
Sonders: Market to Meander; Stay Calm
Charles Schwab Chief Investment Strategist Liz Ann Sonders says the U.S. economy has a lot going for it, and thinks investors should remain calm. “I happen to be a pretty…