Should you “sell in May and go away,” as the old investing adage says? Charles Schwab Chief Investment Strategist Liz Ann Sonders says not so fast. In commentary on Schwab’s…
Category: Economy
Doll: The Bull Isn't Done Running
While equity markets have struggled in recent weeks, Blackrock’s Bob Doll says it’s not the start of a bear market. “Although markets have been troubled in recent weeks, we do…
Gross: Austerity Won't Work
PIMCO’s Bill Gross says that what is needed to fix the European debt crisis is growth and budget discipline — not mere austerity. “No, that doesn’t work,” Gross says of…
European Woes: Buying Opportunity or Cause for Concern?
James Paulsen of Wells Capital says he thinks the latest European debt fears will, once again, prove to be a buying opportunity for investors. Paulsen also tells Bloomberg that declining…
Siegel: ECB Will Devalue Euro
Wharton Professor and author Jeremy Siegel says he thinks the European Central Bank will eventually devalue the Euro to stem the debt crisis in Europe. “My forecast is ultimately the…
ECRI Still Sees Recession Coming
The Economic Cycle Research Institute is standing by its call for the U.S. to enter recession in the middle of this year. ECRI COO Lakshman Achuthan tells Bloomberg that recent…
Despite Euro Chaos, Fisher Still Bullish
While the chaos surrounding recent elections in Europe is scaring many investors, author and top-performing money manager Kenneth Fisher says it doesn’t change his bullish outlook for stocks for the…
Buffett Buying As Market Dips
Warren Buffett says the market’s recent declines mean nothing to his investing approach, and says Berkshire Hathaway has been adding to its positions recently. “It really doesn’t make any difference…
Sonders on How to Grow without Stimulus
Charles Schwab Chief Investment Strategist Liz Ann Sonders says that she expects “muddle-through” economic growth to continue, but she thinks the housing market has bottomed and says the stock market’s…
Cohen Sees U.S. Avoiding Recession
Goldman Sachs Chief Equity Strategist Abby Joseph Cohen says she thinks the U.S. won’t fall into another recession, and sees stocks as “very attractively valued”. “All you need to believe…