While the market has been fretting over the debt situation in Greece, Morningstar Fund Manager of the Year David Herro says that, while Greece’s woes provide a cautionary tale, they won’t take down the global economy. “We do not believe Greece will stop, or even slow, the growth of global prosperity, which not only enhances [...]
Read more
Archive | July, 2011
Siegel: Stocks Cheap; Fed Needs to Do a Bit More for Economy
July 13, 2011
0 Comments
Wharton Professor and author Jeremy Siegel says stocks remain “so cheap”, but he thinks the Federal Reserve needs to do a bit more to help the economy work through its recent soft patch. Siegel tells Bloomberg that he’s not talking about another round of quantitative easing, but instead other measures that would encourage banks to [...]
Read moreDreman: Bernanke Stuck in the Past on Jobs
July 13, 2011
0 Comments
David Dreman says U.S. policymakers are approaching the employment problem with antiquated views, and policies that aren’t addressing the real issues with job creation. In his latest Forbes colunn, Dreman says that Fed Chairman Ben Bernanke “is fighting the monetary woes of the 1930s,” a period in which domestic stimulus led directly to increased domestic [...]
Read moreFour Free-Cash-Flow Dynamos the Gurus Might Like
July 13, 2011
0 Comments
In his latest column for Canada’s Globe and Mail, Validea CEO John Reese looks at companies with high free cash flow yields. “Cash: It’s the lifeblood of any business,” Reese writes. “That may seem obvious, but it’s something that can easily be forgotten — just look at what happened to overleveraged, overextended companies during the [...]
Read moreWhy Bad News Can Be Good News
July 13, 2011
0 Comments
Many investors run from a stock when it makes short-term negative headlines. But in this recent interview with Bloomberg about News Corp., one of his biggest holdings, top fund manager Donald Yacktman offers an interesting take on how a value investor like himself deals with short-term bad news. In the case of News Corp., for [...]
Read moreGuru Strategy Rating Changes: Oracle on The Move
July 13, 2011
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 moreForester Sees a Return to High Quality
July 12, 2011
0 Comments
Top value fund manager Tom Forester says the market has begun shifting away from junk-type stocks and back toward quality, and he thinks the end of the Federal Reserve’s quantitative easing program is part of why that trend will continue for several quarters. “The pendulum is swinging back toward quality. Since early 2009, low quality [...]
Read moreRitholtz: Markets Don’t Care about Deficits
July 12, 2011
0 Comments
Barry Ritholtz of FusionIQ and The Big Picture blog says that markets don’t “really care at all about deficits”, something that is a “great misunderstanding”. Ritholtz tells Bloomberg that while they have long-term negatives, deficits provide fuel that drives economic activity and stock prices. He also says institutional investors are remaining on the sidelines despite [...]
Read moreDon’t Forget The Dividends — And Inflation
July 11, 2011
9 Comments
Investors may spend a lot of time fretting over whether their portfolios are going up or down. But, despite all of the advances in stock market data availability, many may not be getting an accurate picture of what their portfolios are really doing, says The Wall Street Journal’s Jason Zweig. According to Zweig, after last [...]
Read moreSonders on “The Story No One Is Telling”
July 11, 2011
0 Comments
Charles Schwab Chief Investment Strategist Liz Ann Sonders says that many investors are allowing macroeconomic concerns to overshadow positive microeconomic news — and she says the macro picture is actually getting better on many fronts. “The vast majority of questions I’ve been getting at events are of the macro variety. Rarely am I asked about [...]
Read more
