Charles Schwab’s Liz Ann Sonders — who made what appear to have been very accurate calls on the start and end of the recent recession — says the U.S. economic recovery is now entering self-sustaining mode. “It’s more than just a ‘sugar high’,” Sonders tells Harlan Levy in an interview on Seeking Alpha. “This is […]
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Archive | April, 2010
Heebner: Euro Debt Woes Won’t Stop U.S. Recovery
April 30, 2010 
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Fund manager Ken Heebner says he thinks the U.S. economy will continue to recover, regardless of what happens with Europe’s debt woes. “I think the American economy is not dependent on what happens in Europe,” Heebner tells CNBC. “The uptrend in the American economy, I think, is strong. I think the consumer has shifted decisively […]
Read moreSiegel Sees 10%-15% More for Rally by Year-End
April 30, 2010 0 Comments
Author and Wharton professor Jeremy Siegel continues to be bullish on the market, saying he sees another 10% to 15% in gains for stocks by year-end. Siegel says that “extraordinarily strong” earnings and worldwide economic growth are behind his short- and medium-term bullish stance.
Read moreFisher Sees Bullish Signs
April 29, 2010 0 Comments
In his latest Forbes column, Ken Fisher reiterates his bullish stance on stocks, and offers several reasons why he’s optimistic. Among Fisher’s bullish points: “The GDP-weighted global yield curve (spread between long-term and short-term government interest rates) is steeper than it has been since the 1960s.” That, he says, means increased future lending for banks, […]
Read moreMarkman Says Rally Doubters Are Wrong
April 29, 2010 0 Comments
MarketWatch columnist and money manager Jon Markman says that while many investors don’t believe it, the rally still has plenty of room to run — and that corporations will keep it rolling even if individual investors don’t. Markman points to the government’s massive stimulus plan, record low interest rates, and the large amounts of money […]
Read moreTop Fund Managers Look to Large Caps
April 27, 2010 0 Comments
Jeremy Grantham isn’t the only successful investor who’s finding big values in big stocks. Thomas Perkins and Donald Yacktman are among the investors with strong long-term track records now finding good buys in large-cap stocks, BusinessWeek reports. Perkins, whose Perkins Investment Management Mid-Cap Value fund has outperformed its peers by more than 4 percentage points […]
Read moreGrantham: Stocks Overpriced, but (Unfortunately) Likely to Rise
April 27, 2010 0 Comments
In his latest quarterly letter, GMO’s Jeremy Grantham says stocks are overvalued, but likely to continue rising — and rising to dangerous “bubble” levels if the economic recovery is a slow one. “Even though I guessed last April that we would have a quick rally to 1100, this looks quite likely to be far more,” […]
Read moreGuru Strategy Ratings: Financial, Energy & Healthcare Stocks on Move
April 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.
Read moreThe U.S. Debt: Big Problem or Big Hype?
April 27, 2010 3 Comments
Are fears about the burgeoning U.S. government debt merited, or overblown? In an interview with CNBC, University of Texas Economics Professor James Galbraith says that the debt discussion involves a good deal of “fearmongering”, and that low interest rates mean the U.S. will have “no problem” financing its debt. (In fact, according to CNBC, the […]
Read moreDoll Likes Energy, Industrial Commodities
April 26, 2010 0 Comments
Blackrock’s Bob Doll says that, while it may be due for a “stall” or sideways consolidation, he thinks the market’s longer-term direction will continue to be upward, as long as we continue to see strong GDP, earnings, and revenue numbers. He’s high on energy- and industrial commodity-related stocks.
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