Yale economist and Case-Shiller housing price index co-founder Robert Shiller talks with Bloomberg News about the current housing market, and the impact of psychology and emotion on home purchases. He says “confidence is tentatively back” in the housing market, and talks about whether last month’s increase in his housing index indicates we’ve hit a bottom. [...]
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Archive | August, 2009
Guru Strategy Rating Changes: Shakeups in Several Industries
August 20, 2009
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Each week, I take a look at which stocks my Validea.com Guru Strategy computer models have newfound interest in, and which they have soured on. Here’s a look at some of the stocks that my strategies have upgraded or downgraded today. Stocks in a variety of industries — from food processing to transportation to computer [...]
Read moreBuffett: Inflation Coming, Congress Must Step Up
August 19, 2009
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In an Op-Ed for The New York Times, Warren Buffett writes that significant inflation problems could be headed our way, and that it’s up to Congress to keep it from growing out of control. “The United States economy is now out of the emergency room and appears to be on a slow path to recovery,” [...]
Read moreHow Many Stocks Is Too Many?
August 19, 2009
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One of the key questions any investor must grapple with is, “How many stocks should I own?” Jonathan Burton addresses that issue in a recent MarketWatch column, taking a look at focused funds — those that hold relatively few stocks compared to most other mutual funds. “Focused funds — portfolios with only a couple of [...]
Read more’08 Top Economist Says Consumer Will Be Back
August 18, 2009
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Joel Naroff, who was named the top economic forecaster in 2008 by Bloomberg Business News, thinks the modest recent increase in consumer spending will continue, and grow stronger in the fall. “It’s not that there is going to be a huge growth in income, or jobs are going to start growing,” Naroff tells Forbes.com. “It’s [...]
Read moreSlower Growth, But No Double Dip, Says Cohen
August 17, 2009
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Recently, we highlighted the bull market call of Goldman Sachs’ Abby Joseph Cohen. Now, in an interview with Bloomberg news, Cohen expands on her outlook for the economy and the stock market. Some of her key points: She expects slower growth than typically seen coming out of a recession, but she doesn’t see a “double-dip” [...]
Read moreBuy-and-Hold, Hedging, and Values: Top Strategists Offer Tips
August 14, 2009
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In a recent panel discussion held by Charles Schwab, several top managers and strategists offered their take on the current market, as well as portfolio management tips regarding buy-and-hold investing, hedging, and how to succeed if the current rally falters. Among the panelists was Ron Baron, chief investment officer at Baron Funds. Baron says that [...]
Read moreDecoupling or Recoupling — Which Will Win Out?
August 14, 2009
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One of the troubling surprises for many investors during last year’s economic crisis was the “recoupling” of the developed world and emerging markets. Rather than offering a safe haven, emerging markets ended up being hit as hard, if not harder, than the U.S. and Europe. In the Financial Times, PIMCO Chief Executive Officer Mohamed El-Erian [...]
Read moreHeebner, Doll See Opportunities
August 14, 2009
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Ken Heebner, whose CGM Focus fund stumbled last year but remains at the top of its category in terms of 5-year and 10-year returns, tells CNBC that he thinks things are looking up for the economy — and, believe it or not, Ford Motor Co. “I think there’s a bigger turn in the economy coming [...]
Read moreHulbert, the Crisis, and … Poker Hands?
August 13, 2009
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In his latest column for the New York Times, Mark Hulbert examines an interesting study on buy-and-hold investing. The study — “When Everyone Runs for the Exit,” by Lasse H. Pedersen, professor of finance at New York University, concludes that it’s not traders or true long-term buy-and-hold investors who get hurt the most in a [...]
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