Emerging markets guru Mark Mobius says he sees a soft landing for China, and thinks it is “very possible” that the country’s renminbi will become one of the world’s reserve…
Category: Economy
Sonders Says Bottom "Largely In" for Housing
Charles Schwab’s Liz Ann Sonders has made some very prescient calls on the economy and housing in recent years, and now she says that the much-maligned housing market may have…
Shiller Sees Signs of Hope
Yale Economist Robert Shiller says a number of factors are keeping unemployment high, which, in turn, is keeping the economic recovery tepid. But, he seems optimistic about the U.S.’s longer-term…
Biggs Bullish, But Cautious
Hedge fund guru Barton Biggs says he’s bullish on stocks, “assuming that the world holds together”. Biggs says he’s still very nervous about the lack of progress regarding Europe’s debt…
Doll Sees Double-Digit Returns in 2012
Blackrock’s Bob Doll says there is more to the market’s strong recent performance than the “January Effect,” and says stocks are poised to gain ground in 2012 even if the…
Woodford: Europe on Verge of Recession
Top U.K. fund manager Neil Woodford says Europe is on the verge of recession, and continues to see tough times ahead for the developed world. “The increasingly tough economic outlook…
Sonders: Optimistic Despite "Cacophony of Naysayers"
While many continue to worry that the European debt crisis will topple the U.S. stock market, Liz Ann Sonders — whose calls on the start and end of the Great…
The 90% Debt/GDP Threshold: Reality or Myth?
Over the past year-and-a-half, many prominent strategists have cited the research of Carmen Reinhart and Kenneth Rogoff in contending that the U.S. will be in big trouble if its debt-to-GDP…
Herro's Reasons for Optimism
Oakmark’s David Herro says that despite a tough year for his funds (which still have very strong long-term track records), he remains “extremely confident about the medium- and long-term future.”…
Shiller: Stimulus Worked -- Now We Need More
Yale Economist Robert Shiller says the focus on austerity by governments around the world is similar to what happened late in the Great Depression — and he says such a…