Top hedge fund manager Barton Biggs, who called the rally last year when many were shunning the market, remains high on stocks. “I’m bullish,” Biggs recently told Bloomberg Television. “Earnings…
Category: Economy
Job Watcher: Employment Picture on Verge of Changing
The lack of job growth in the U.S. appears to have been a big factor keeping many on the sidelines during the market’s big rally over the past year. But…
Gross Talks Deleveraging, Deficits, and the New Normal
In Consuelo Mack’s latest WealthTrack interview, PIMCO’s Bill Gross talks about the “New Normal” he envisions for the economy and investing world. Gross says that deleveraging and the need for…
Mobius Talks BRICs
Templeton Asset Management’s Mark Mobius says he’s keying on two sectors in the BRIC nations (Brazil, Russia, India, and China): commodities and consumers. “Companies that are strong in production of…
Doll: Recovery "Subpar", but for Real
Blackrock’s Bob Doll says he still sees a recovery — albeit a bumpy one — ahead for the U.S. economy in 2010. “I think we’ll see continued mixed data, but…
Paulsen: High Unemployment Doesn't Mean Poor Stock Returns
James Paulsen of Wells Capital Management says that, while there will be significant corrections during the year, he thinks the overall trend of the market is “still clearly higher”. Paulsen…
Top Manager on Long-Term Thinking, Market's Value
Steven Romick, whose FPA Crescent fund produced annual returns of more than 11% during the 2000s, says he thinks stocks have gotten pricey after the recent rally. “We think the…
Oberweis: Look to Niche-Oriented Small-Caps
While still somewhat wary of the economy, Jim Oberweis says that you can find plays in the technology and consumer discretionary sectors — “the pillars of a growth portfolio” —…
Siegel Sees More Discount Rate Hikes Before a Fed Funds Rate Increase
Like Bill Gross, Wharton professor and author Jeremy Siegel doesn’t see a hike in the Federal Funds rate as imminent, despite the Federal Reserve’s recent decision to up the Discount…
Gross: Don't Sweat the Discount Rate Hike
Does the Federal Reserve’s discount rate hike mean increases for other key interest rates are coming? Not according to PIMCO bond guru Bill Gross. Gross tells CNBC that he thinks…