Mobius: Blame The Internet For Deflation

Deflationary pressures have been at work in the US for some time now, part of why the Federal Reserve has kept interest rates so low. And Templeton Asset Management’s Mark Mobius says the Internet is to blame.

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Herro: There’s Value In Europe

Top fund manager David Herro is finding a lot of value in the unloved European region, as well as in Japan. In a recent letter to his Oakmark International shareholders, Herro said he had about 80% of the portfolio in Europe and 11% in Japan. “How we are positioned is really a function of where we are finding individual-company value,” Herro tells Morningstar. “I think it’s really important to realize that a lot of these European and Japanese multinationals have revenue streams and cash flow streams that are really sourced from all over the world. I think that is one of the anomalies that we try to take advantage of. People were scared of Europe, so they stopped buying European equities, even though many of those European companies have exposure to good areas of growth in Asia, even in Latin America, where some of the growth exists. And so, really, this is why we’re positioned the way we are in some of these markets.”

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Ritholtz Not Worried About Yellen Or Bubble Talk

While pundits have been throwing around the term “bubble” throughout the stock market’s climb over the past few years, Barry Ritholtz doesn’t sound concerned that we’re in one.

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Fisher: Don’t Worry About The Bull’s Age, Or Rate Hikes

Is the length of the bull market reason for concern? No way, says Kenneth Fisher.

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Buffett Talks Valuations, Bonds, And Interest Rates

Are stocks cheap or expensive? Warren Buffett says it all depends on what happens with interest rates.

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Gabelli: Economy Steady, But No Margin Of Safety

Top value strategist Mario Gabelli says that the economy looks steady, but adds that there is not much of a margin of safety in stocks right now.
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Sonders Talks Inflection Points, and Zweig’s Greatness

In a wide-ranging interview with Barry Ritholtz on Bloomberg’s Masters In Business podcast, Charles Schwab’s Liz Ann Sonders offers her take on the bull market, and a look at her early years working for the great Martin Zweig.
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