Jim Rogers says bonds are in a bubble, and that investors should own hard assets because of the Federal Reserve’s massive quantitative easing efforts — which he says are continuing.…
Category: Economy
What Bolton Likes In China
Top U.K. fund manager Anthony Bolton thinks that China’s economy is better than many realize, and is particularly high on the country’s consumption and services sectors. “We have been through…
Hussman: Short-Term Conditions "Hard-Negative"
Fund manager John Hussman says the current stock market condition “warrants unusual concern,” and is playing defense with his portfolio. “Based on a wide variety of evidence and its typical…
El-Erian: U.S. Problems Can Be Fixed, If Pols Get Act Together
PIMCO’s Mohamed El-Erian says the odds of a new U.S. recession are between 33% and 50%. “This is a fragile economy,” El-Erian tells Bloomberg. “It doesn’t mean we don’t have…
Icahn: For Now, Focus on Jobs, Not Deficit
While acknowledging the U.S.’s budget problems, hedge fund guru Carl Icahn says now is not the time to be focusing on reducing the country’s deficit. “I think at this time,…
Top Fund Managers: Valuations Very Compelling
O. Mason Hawkins and G. Staley Cates, whose Southeastern Asset Management funds have excellent track records over the past decade, say they are adding to their equity positions amid the…
Sonders On Similarities, Differences Between Today and 2008
The eurozone debt crisis has frequently been compared to the Lehman Brothers-triggered financial crisis that rocked the U.S. in 2008. In recent commentary, Charles Schwab Chief Investment Strategist Liz Ann…
Gurus Go Panning For Gold
In his latest RealMoney column, Validea CEO John Reese takes a look at some gold mining stocks that could benefit from a Eurozone money-printing program. “In times of financial trouble,…
Wien On Valuations, Growth, and Gold
Byron Wien says he expects the U.S. to show slow growth next year, and says stock valuations are “very attractive”. But whether those valuations are enough to overcome global debt…
Rogers' Shorts and Longs
Jim Rogers says that European countries are still avoiding their main problems — too much spending and too much debt. He tells Bloomberg that proposed solutions to the Eurozone crisis…