Bond guru Bill Gross says the monetary system that the world has used for the past four decades is in danger of hitting a “breaking point” amid a sea of…
Category: Economy
Ritholtz Likes Consumer Staples, Says Secular Bear Still in Effect
Barry Ritholtz of FusionIQ and The Big Picture blog says the recent market turmoil is part of a secular bear market that began in 2000. Ritholtz tells Bloomberg that he…
El-Erian: Be Cautious Amid Global Slowdown
PIMCO’s Mohamed El-Erian says the recent U.S. jobs report is very worrisome. El-Erian tells PIMCO that it’s part of a trend in which “every major part of the global economy…
Herro: Don't Fear All European Banks
Top fund manager David Herro says the European debt crisis doesn’t mean investors should avoid European financials. In fact, he says the fear surrounding the crisis has created several bargains…
Doll Thinks Euro Debt Crisis Will Be Contained
Blackrock’s Bob Doll says he continues to believe the European debt crisis will be contained, and says the stock market’s recent troubles have made for some good buying opportunities. “There…
Mobius Turns to Africa
Templeton Asset Management’s Mark Mobius is finding a good deal of value in a place not known for great investments: Africa. Mobius tells Investors Chronicle that he’s high on telecoms,…
Shiller Worried More Housing Declines Ahead
Yale Economist Robert Shiller says the long decline in housing prices may not be over yet. “Home prices show a lot of momentum; they’re not like the stock market.…
Gross: U.S. Is "Cleanest Dirty Shirt"
PIMCO bond guru Bill Gross says that the U.S. is currently offering the best of several bad options for bond investors. “It’s what we call the cleanest dirty shirt, and…
All Downhill for U.S. Manufacturing? Not So Fast
Conventional wisdom has long held that the U.S. manufacturing sector is on the decline. But in a new research report, Kenneth Fisher’s firm offers a very different take. “The U.S.,…
Siegel on Stocks, Euro Parity
While the market has struggled in recent weeks, Wharton professor and author Jeremy Siegel remains confident that the Dow Jones Industrial Average will hit 15,000 by the end of 2013.…