Economist and Nobel Laureate Paul Krugman says the recent jobs data is encouraging — but that it is not cause to stop major efforts to spur job growth. “For once…
Category: Economy
GMO High on Quality & Value, Sour on Bonds
Jeremy Grantham’s GMO has published its fourth-quarter update, offering a contrarian position on Europe and outlining its strategies as we head into 2012. The firm says it moved “incrementally into…
Fisher: 2012 "To Be As Rewarding As 2011 Was Frustrating"
Kenneth Fisher, who correctly said 2011 would be a flattish year for the market with lots of volatility, sees a much better scenario developing in 2012. “Optimists are scarce, and…
El-Erian Talks Jobs, Economy, Greece
PIMCO’s Mohamed El-Erian says it’s “too early to declare victory”, despite the strong recent jobs numbers. El-Erian does tell CNBC that the numbers are very encouraging, but adds that it…
Sonders Sees Employment Gains Continuing
Charles Schwab Chief Investment Strategist Liz Ann Sonders says the recent unemployment data was “pretty close to great”, and sees job growth continuing to be strong in the coming months.…
Top U.K. Managers Look to U.S.
Some top U.K. fund managers are upping their allocations to U.S. stocks, seeing the American market as offering more safety than some cheaper-looking markets in other parts of the world.…
Is There A Hole In The CAPE?
While some prominent strategists, including Jeremy Grantham and Robert Shiller, have pointed to the 10-year cyclically-adjusted price/earnings ratio (“CAPE”) as evidence that stocks (in particular the S&P 500) are very…
Gabelli, Gross on Where to Look in 2012
Top value investor Mario Gabelli is high on stocks in the automobile, cloud computing, and snack food industries in 2012. Speaking as part of Barron’s 2012 Roundtable, Gabelli says big…
Ritholtz: A Different Take on Bulls and Bears
Barry Ritholtz of FusionIQ and The Big Picture blog says he is bullish on stocks — but it’s not because of the economy. Ritholtz tells Yahoo! Daily Ticker that he…
Wien Sees Oil Prices Falling, S&P Rising in 2012
Blackstone’s Byron Wien has released his annual list of “surprises” for the coming year, and among the predictions are a decline in oil prices to the $85 range, the housing…