Lakshman Achuthan of the Economic Cycle Research Institute says the U.S. economy is in recession. Achuthan, who had been forecasting a recession by mid-2012 for the past several months, tells…
Category: Economy
Sonders on "Shiny Objects" in the Wreckage
Charles Schwab Chief Investment Strategist Liz Ann Sonders says that while concerns abound in the economy — including a new “monetary cliff” that has resulted from the Federal Reserve’s recent…
Mobius on the Lure -- and Risks -- of Frontier Markets
Templeton Asset Management’s Mark Mobius says a number of frontier markets across the globe are offering intriguing opportunities for investors — but that patience is a must for those who…
Hussman: Recession Is Here
Fund manager John Hussman, whose funds have struggled in recent years but have good long-term track records, says he thinks the economy has entered recession. “I noted two weeks ago…
Siegel Sees Dow 15,000 By End of 2013
Wharton Professor and Stocks for the Long Run author Jeremy Siegel says he still expects the Dow Jones Industrial Average to reach 15,000 by the end of 2013. “There’s two…
Top Newsletter Stays Disciplined Amid Fears
Michael Cintolo, editor of the top-performing Cabot Market Letter, thinks some weak recent economic data may actually be a precursor to an upward move for stocks. “Anecdotally, we think [this…
Gabelli Talks Stocks, Economy
Top value investor Mario Gabelli says he doesn’t think the stock market will do much between now and year-end. Gabelli tells Bloomberg that the U.S. needs to address its budget…
Gross: America the "Cleanest Dirty Shirt" -- For Now
In his latest investment outlook, PIMCO bond guru Bill Gross offers a sobering take on the global debt crisis, saying it could take decades for economies and markets to return…
Europe Won't Derail U.S. Market, Paulsen Says
Wells Capital Management’s James Paulsen says Europe’s woes will create volatility for the U.S. market, but won’t derail it. Paulsen tells Bloomberg that the sensitivity of financial markets to the…
Shiller Talks Housing, Psychology
Housing guru Robert Shiller says the latest home price data is good news, and he expects prices to continue to rise through the summer months. Shiller tells FOX Business Network…