Siegel: Rates Won’t Rise As Much As Feared

Over the past five years, stock returns have been well above their long term average. But over the last ten years, they remain below the average. So what does Wharton professor and Stocks For The Long Run author Jeremy Siegel think is in store going forward? More gains, though the seas could be choppy.
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Be A Macro “Climatologist”, Not A “Meteorologist”

Since the financial crisis and Great Recession, many investors have been basing their decisions on macroeconomic factors, something that most value investors might frown upon. But Vitaliy Katsenelson says that while investors shouldn’t pay attention to the daily shifts in macro “weather”, they would be wise to pay attention to macro “climate change” — which, he says, is what Warren Buffett does.

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Gross: Bubbles? No. Lower Returns Ahead? Yes.

PIMCO bond guru Bill Gross says the Federal Reserve is confronted with a big challenge in trying to determine a “neutral” interest rate that will accomplish all its goals — and he says PIMCO and the market have very different estimates of what that neutral rate will be.

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