Kenneth Fisher says the current correction is “the most textbook perfect” one he’s seen in 12 years, and says the second leg of a bull market is coming. Fisher writes…
Arnott: Investors Looking in Wrong Places for Sovereign Debt
In his latest newsletter (click here for a PDF version), Research Affiliates’ Rob Arnott offers some interesting data on sovereign debt — data that indicates many investors are buying up…
Sonders: Double-Dip Still Unlikely
Charles Schwab Chief Investment Strategist Liz Ann Sonders continues to sound skeptical that the U.S. is entering the second leg of a “double-dip” recession. “Although rhetoric surrounding a double-dip recession…
Herro Goes Against Crowd, Keys on Europe
Top fund manager David Herro, who has beaten the market handily over the long haul by going against the crowd, is now keying on a couple very unloved areas of…
Berkowitz on Why He Still Likes Financials
Morningstar domestic stock fund manager of the year Bruce Berkowitz is standing by his big bet on beaten-down financials, and recently explained why on Consuelo Mack’s WealthTrack. Berkowitz says that,…
Top BlackRock Manager Eyes Blue Chips
Dennis Stattman, whose BlackRock Global Allocation Fund has an excellent long-term track record, says big blue chips are offering lots of value. Stattman tells Bloomberg that blue chip companies like …
Gross on What the Government Should Do
PIMCO founder Bill Gross thinks the government needs to get more involved in the housing market to help spur the economy, and he also thinks the U.S. needs to direct…
"Canadian Buffett" Betting on Deflation
Prem Watsa, known as the “Canadian Warren Buffett”, appears to be making a big bet that the U.S. will be hit by an extended period of deflation. According to The…
Shiller: July Home Sales Drop an Anomaly
Yale economist Robert Shiller says the poor home sale figures in July came in an “anomalous” month. Shiller tells Bloomberg that the scheduled expiration of the government’s homebuyer tax credit…
Guru Strategy Rating Changes: Pepsi Falling, Sinopec Rising
Each week, we take a look at which stocks John Reese’s Validea.com Guru Strategy computer models have newfound interest in, and which they have soured on. Here’s a look at…