While the economy has shown signs of life in the past several months, PIMCO’s Mohamed El-Erian still expects a “new normal” of subpar growth in the U.S. El-Erian tells Bloomberg…
Category: Economy
"Random Walk" Author Malkiel: Keep It Simple
Burton Malkiel, the Princeton economist known for his book A Random Walk Down Wall Street and espousal of the efficient market hypothesis, hasn’t changed his beliefs after the recent financial…
Tilson & Heins: "Buy-and-Forget" a Losing Proposition
In their latest Kiplinger’s column, Whitney Tilson and John Heins examine a 10-year-old Fortune magazine article to stress some of their core beliefs about investing — including the idea that…
Fisher: Think Globally -- and Be Careful on Gold
Money manager and Forbes columnist Kenneth Fisher says we are in the early stages of a bull market led by foreign and emerging markets — and that investors should be…
Nygren: Don't Avoid Stocks
In a new interview with Minyanville.com, Oakmark fund manager Bill Nygren — whose fund is up 50% in the past year and ahead of the S&P 500 over the past…
Stocks Still Offer Opportunities, But Correction Likely, Sonders Says
In a wide ranging interview with The Motley Fool web site, Charles Schwab Chief Investment Strategist Liz Ann Sonders says she thinks a correction will hit the stock market in…
Grantham Says Market Overpriced, But Likely to Rise
In his year-end letter, Jeremy Grantham says that equities are once again significantly overpriced, and that investors haven’t learned the lessons of recent market crashes. But, he adds, stocks will…
Soros: China Overheating; Gold the "Ultimate Bubble"
Hedge fund guru George Soros made a couple big statements Thursday, saying that China’s stock market is “overheating”, and that gold is becoming the “ultimate bubble”. “Right now, the Chinese…
Biggs Still Bullish, Warns Against "Bubble Watching"
Hedge fund guru Barton Biggs says he remains bullish on stocks, despite the factors that have spooked some investors in recent days. Biggs tells Bloomberg that the U.S. economy is…
Doll: Stimulus Still Offers "Wind" at Investors' Backs
In the latest episode of Consuelo Mack’s WealthTrack, BlackRock Global Chief Investment Officer of Equities Bob Doll says government stimulus is still providing a wind at the market’s back, and…