GMO’s Jeremy Grantham says those waiting for the U.S. to return to the 3%+ growth rates it has averaged over the past hundred years are going to be disappointed. “The U.S. GDP growth rate that we have become accustomed to for over a hundred years … is not just hiding behind temporary setbacks,” Grantham writes […]
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Archive | November, 2012
Yacktman Talks Strategy
November 29, 2012 
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As 2013 approaches, top fund manager Donald Yacktman is focusing on high-quality stocks, as well as some much-maligned contrarian plays. Yacktman tells Forbes that he likes stocks with high returns on assets, which generally means that the businesses have low capital requirements, nice market share, and the ability to fare well in good times or […]
Read moreAchuthan, ECRI Stand By Recession Call
November 29, 2012 0 Comments
Lakshman Achuthan of the Economic Cycle Research Institute is standing by his previous call about the U.S. having entered recession in the middle of 2012. Achuthan tells Bloomberg Surveillance that, while home prices have increased, “that does not mean you don’t have a recession.” He also says rising housing prices do “not mean an upturn […]
Read moreFace Your Fiscal Cliff Fears
November 29, 2012 0 Comments
Validea CEO John Reese says that investors who are worried about the fiscal cliff shouldn’t bail on stocks. “History shows that even if we do go off the cliff, the consequences might not be as dire as many expect,” Reese wrties in his latest Forbes.com column. “A recent study by O’Shaughnessy Asset Management, the firm […]
Read moreDo Confidence Gains Mean More Market Gains?
November 28, 2012 0 Comments
Consumer confidence remains tepid but has been rising, recently hitting its highest level in four years. Is that good news for stocks? MarketWatch’s Mark Hulbert says no. Hulbert analyzed three decades worth of confidence data and stock returns, and found that the biggest monthly jumps in confidence tended to be followed by sub-par stock returns, […]
Read moreShiller Doubtful of Housing Recovery
November 28, 2012 0 Comments
Yale housing guru Robert Shiller says he’s still not convinced the housing recovery is real. Shiller tells CNBC that some 10 million homeowners are still underwater on their mortgages, and many will end up in foreclosure. Those foreclosures will add inventory to the housing market, he says, and economic risks at home and abroad are […]
Read moreGuru Strategy Ratings: CVX Rising, HPQ Falling
November 27, 2012 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 moreBuffett: Enact Minimum Tax for Wealthy Now
November 26, 2012 0 Comments
Warren Buffett says Congress should enact a law establishing a minimum tax rate on the wealthy right now. In an op-ed piece for The New York Times, Buffett disputes the claim that higher tax rates on the rich discourages investment. “Between 1951 and 1954, when the capital gains rate was 25 percent and marginal rates […]
Read moreFisher’s Best 2013 Buy
November 26, 2012 0 Comments
Forbes’ Kenneth Fisher says his top stock to buy in 2013 is pharma giant Pfizer. “It has near endless top-notch brand names, and a stream of new products will capture growth from an aging developed-world demographic plus new emerging middle classes overseas — all wrapped in a classically cheap stock,” Fisher says for the 2013 […]
Read morePaulsen Sees Signs of Solid Growth
November 20, 2012 0 Comments
Wells Capital Management’s Jim Paulsen sees a number of positive signs for the U.S. economy. Paulsen tells Bloomberg TV that third-quarter growth may have been around 3%, and that a number of factors — housing, job creation, and lending activity among them — are providing the economy with a boost. He sees growth coming in […]
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