In a wide-ranging interview with CNBC, Warren Buffett says he thinks there is support for the huge gain in stocks we’ve seen over the past 10 months, and stresses that…
Category: Economy
Hulbert on Why You Shouldn't Fear the Presidential Cycle
Conventional wisdom holds that the second year of a U.S. president’s term in office — which, for President Obama, began this week — tends to be a bad one for…
Tilson Down on Housing, Bullish on Berkshire
Whitney Tilson of T2 Partners says that Berkshire Hathaway is a buy, and says he thinks the housing market is headed for trouble. Tilson, one of the few to call…
Barron's Roundtable: Gabelli, Zulauf Weigh In
Barron’s has tapped a number of top strategists for its annual start-of-the-year “Roundtable” feature, with gurus such as Bill Gross, Mario Gabelli, and Abby Joseph Cohen offering their takes on…
Zandi: More Stimulus Needed
Moody’s Economy.com Chief Economist Mark Zandi says that more stimulus is needed to ensure the U.S. doesn’t slip back into recession. Zandi tells Bloomberg that inflation will be no threat…
Gross: Where to Look when the Easing Ends
For much of the past year, Bill Gross of bond giant PIMCO has advocated “shaking hands with the government” — that is, investing in areas that benefit from the government’s…
Miller Optimistic on 2010 -- if Policy Makers Don't Falter
Value manager Bill Miller says that 2010 will be another good year for stocks, but that investors need to be very careful of ways that government actions could impact their…
Oberweis: "OOB" to Drive Stocks Higher in 2010
Newsletter guru Jim Oberweis says he thinks 2010 will be another strong year for stocks, but for different reasons than in 2009. “In contrast to 2009, when cheap valuations drove…
Berkowitz: We're in "Spring" of Recovery
The Fairholme Fund’s Bruce Berkowitz, who was recently named Morningstar’s domestic fund manager of the year, says that we are still in the early stages of the economic recovery. “I’m…
Krugman on the Double-Dip Recession
Paul Krugman, the Nobel Prize-winning economist, says that there is a 30% to 40% chance that the U.S. economy will slip back into recession in the latter half of 2010.…