Oakmark’s David Herro says that despite a tough year for his funds (which still have very strong long-term track records), he remains “extremely confident about the medium- and long-term future.” Herro says in commentary on his firm’s web site that the biggest challenge in the market right now may be volatility, which is being driven [...]
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Tag Archives: Europe
Fisher: Look for Euro Stock Rebound in ’12
January 5, 2012
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The European debt crisis dominated the investment world for much of 2011, with eurozone stocks getting pounded. But in 2012, Kenneth Fisher says to key on the same types of companies that were hit hard by the crisis. “My travels have left me even more convinced that the current crisis will pass,” Fisher writes in [...]
Read moreMobius Sees Euro Crisis Ending Mid-2012
December 21, 2011
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Templeton Asset Management’s Mark Mobius says the European debt crisis isn’t as bad as many believe, and he expects it to be resolved in mid-2012. “The European crisis isn’t as deep and terrible as people think,” Mobius told the Brazilian newspaper Valor Economico, according to CNBC.com. “Nations there are in a process of negotiations and [...]
Read morePaulson On How To Fix Europe
December 14, 2011
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John Paulson, the hedge fund manager who made a killing by shorting U.S. real estate before the bubble burst a few years ago, says the European Central Bank needs to create a “firewall” to address Europe’s current problems. “Last week’s statement from European leaders should go a long way toward fiscal consolidation, a necessary step [...]
Read moreDoll: Political Will Needed to Fix European Situation
November 22, 2011
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Blackrock’s Bob Doll says that he thinks Europe is already in a recession, and that solving the continent’s debt crisis is not a matter of economics but instead one of political will. Doll tells Yahoo! Finance’s Breakout that he thinks political leaders will eventually show that will, but that the longer they wait the worse [...]
Read moreBiggs Turns Bearish, Citing “Pathetic” Supercommittee Effort
November 21, 2011
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Hedge fund guru Barton Biggs has turned bearish, saying he thinks the odds of a recession in the first half of 2012 have increased to about 60%-70%, and that the “current spurt in the U.S. economy … is going to fade as we get into next year.” Biggs tells Bloomberg that the apparent failure of [...]
Read moreWinters On How To Tap Into EM Growth, And Limit European Risk
November 21, 2011
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Top fund manager David Winters says he’s finding value in Western companies with exposure to emerging markets, the type of companies that have helped his Wintergreen fund produce strong returns over the past few years. “We continue to see well-run companies with meaningful exposure to the growing markets of Asia, South America, and Africa selling [...]
Read moreFisher: Buy on Fear
November 17, 2011
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Kenneth Fisher says that fears of a eurozone collapse and a double-dip recession in the U.S. continue to be overblown, and thinks stocks are positioned well heading into 2012. “Sentiment is uniformly black — that’s almost always bullish — long term,” Fisher writes in a column for Interactive Investor. “Then, too, fundamentals are much stronger [...]
Read moreDoll Thinks “Period of Greatest Risk” Has Passed
November 8, 2011
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Blackrock’s Bob Doll says that it looks like odds of the European debt crisis being resolved are increasing, and that the danger to the stock market is abating. “The debt crisis and ongoing economic uncertainty are likely to remain headwinds for stocks for some time,” Doll writes in his latest market commentary on Blackrock’s website, [...]
Read moreLook Beyond Europe News, Sonders Says
October 31, 2011
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Charles Schwab’s Liz Ann Sonders — whose calls on the start and end of the “Great Recession” proved quite accurate — warns against hyperfocusing on Greece’s debt problems. “Even the broader European focus has largely seemed to overshadow developments in the United States, which remains the world’s largest economy,” Sonders writes along with Brad Sorensen [...]
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