Top U.K. fund manager Neil Woodford remains cautious about the global economy, and says he expects a prolonged period of stagflation. “As we have gone through 2012, it has become…
Category: Economy
Wien: S&P May Well Hit 1,500 By Year-End
Blackstone Group’s Byron Wien says it’s “reasonable to think the [S&P 500] could reach 1,500 this year.” Wien tells Bloomberg he thinks the economy will pick up momentum, helped by…
El-Erian: One-in-Three Chance of Global Recession
PIMCO’s Mohamed El-Erian says there is about a one-in-three chance that the global economy enters recession by the end of the year. “Every data point that comes out tends to…
GMO: Death of Equities "Greatly Exaggerated"
Bill Gross’ claim that the cult of equities is “dead” has generated a lot of response recently, and now Jeremy Grantham’s GMO has entered the fray, countering many of Gross’…
Shiller Not Convinced Of Housing Turnaround
While many signs are pointing to a housing market recovery, Yale Economist Robert Shiller — who was among the earliest to call the housing bubble that burst in the late…
Ritholtz: "Definancialize" The Economy
Would the Glass-Steagall Act have prevented the 2008 financial crisis and its fallout? Barry Ritholtz says no — but he says the crisis would likely have been far more manageable…
Siegel Fires Back, Countering Gross
Wharton Professor and author Jeremy Siegel says Bill Gross’ claim that the cult of equities is “dead” and that the 6% to 7% annualized real returns for stocks over the…
Grantham: Act Now, Or Food Crisis Could Be Devastating
GMO’s Jeremy Grantham says the world is well into a food crisis that isn’t likely to abate, and that it will have huge sociological, governmental, economic, and investment repercussions. “We…
Gross: Cult of Equity "Dying"
PIMCO bond guru Bill Gross says the “cult of equity is dying”, and that future stock returns cannot be as high as they’ve been historically. In his latest investment commentary,…
Doll, Sonders Sounding Cautiously Optimistic
Blackrock’s Bob Doll says current market valuations are providing a cushion that will help buoy the stock market even if earnings aren’t great. “I don’t need great earnings for stocks…