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 the near term. She’s optimistic on the economy, however, and says current equity valuations aren’t bad. “I’m actually probably a little more optimistic than the […]
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Archive | January, 2010
Grantham Says Market Overpriced, But Likely to Rise
January 29, 2010 
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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 likely head higher in the short term. “All investors should brace for the chance that speculation will continue for longer than would have seemed remotely […]
Read moreSoros: China Overheating; Gold the “Ultimate Bubble”
January 29, 2010 2 Comments
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 market is overheating and they have to slow it down,” Soros said on Bloomberg Television. “It remains to be seen how successful they are.” As […]
Read moreHerro: Stocks Still Cheap
January 28, 2010 0 Comments
David Herro, who was recently named one of Morningstar’s fund managers of the decade, says stocks are still cheap — especially compared to other asset classes. Herro says that during most downturns, his portfolios’ prices fall to about 50% of their underlying values. In the recent downturn, they fell to about 35%, he says, and […]
Read moreGreenblatt, Buffett Strategies Big Winners in ’09
January 27, 2010 0 Comments
For stocks, 2009 was one of the most eventful years ever. From the widespread fears of financial Armageddon that pounded the market at the beginning of the year, to the signs of “green shoots” of hope, to one of the strongest and swiftest market rallies in history, a myriad of factors caused stock prices — […]
Read moreGuru Strategy Rating Changes: Apple Rising, JNJ Falling
January 27, 2010 0 Comments
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 some of the stocks John’s strategies have upgraded or downgraded today, including big names like Apple and Johnson & Johnson.
Read moreBiggs Still Bullish, Warns Against “Bubble Watching”
January 26, 2010 1 Comment
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 in a “strong recovery”, and that he thinks the U.S. will grow in the 5% to 5.5% range in the next couple quarters. He also […]
Read moreArnott on Why the 2000s Didn’t Have to Be a “Lost Decade”
January 25, 2010 1 Comment
It’s no secret that the 2000s was a bad decade for the major U.S. stock market indices. The S&P 500 lost an average of 1% per year, some 3.6 percentage points worse than inflation, making it the worst decade for real returns on record. But in a recent paper, Research Affiliates’ Rob Arnott notes that […]
Read moreDoll: Stimulus Still Offers “Wind” at Investors’ Backs
January 25, 2010 1 Comment
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 that investors shouldn’t forget that. Doll says he’s a stock picker who also looks at macro factors, and continued stimulus impact is one of the […]
Read moreWhat Really Drives Stock Gains?
January 22, 2010 0 Comments
In an interesting new study, MSCI Barra takes a look at what drives stock returns over the long haul — and the results might surprise you. In the study (click here for an HTML version; click here for a PDF version), Barra traces stock market returns to a handful of sources: inflation, dividend income, real […]
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