Lakshman Achuthan, managing director of the Economic Cycle Research Institute, says the U.S. economy will not enter a “new normal” of slow, anemic growth, but also says we’re headed for…
Category: Economy
Siegel: Stocks Still Undervalued
Jeremy Siegel, the Wharton professor and Stocks for the Long Run author, thinks stocks remain undervalued, and says he expects US corporations to be producing record earnings by 2011 or…
Biggs: "Burst" of Growth in 2010, 2011 Could Push Dollar & Stocks Higher
While they’ve spent much of the past several month moving in opposite directions from each other, the dollar and the stock market now may well move upward together, according to…
New Normal? Don't Count on It, Says Farrell
Since the financial crisis hit last fall, one of the most-used terms popping up in stock market and economic parlance has been “the new normal”. Often attributed to PIMCO’s Bill…
Birinyi: History Shows Rally Doesn't Have to Stop
Laszlo Birinyi, who called the current market rally, sees stocks’ bullish run continuing into 2010. Birinyi tells Bloomberg that the economy will surprise to the upside, and that there will…
Top Strategists See Moderate Gains in '10
The strategists that Barron’s surveyed for its 2009 investment outlook have ended up faring pretty well as a group, with their average S&P 500 forecast of 1045 coming in about…
Trahan, Hyman on What to Expect in 2010
In a new interview with WealthTrack’s Consuelo Mack, ISI Group’s Francois Trahan and Ed Hyman — two of the top-rated strategists in their fields — offer their takes on where…
Metrics to Watch in 2010: Confidence, Unemployment
As part of its 2010 preview, PBS NewsHour asked some top economists what they think will be the key economic metric to watch in 2010. Robert Shiller, the Yale economist…
Emerging Markets Still Offering Opportunities, Mobius Says
Have emerging markets rallied too far too fast? Mark Mobius says no. Mobius, the longtime Templeton Asset Management manager, tells BusinessWeek that emerging market stocks are still selling at reasonable…
Heebner: Wind's at Investors' Backs
Kenneth Heebner, whose CGM Focus fund has lagged in 2008 and 2009 but remains far ahead of the market for the long term, says that investors shouldn’t worry about a…