Top strategist Kenneth Fisher says the “fiscal cliff” drama is far overblown, and that the overwrought fears about budget cuts and tax hikes are actually a bullish sign. “If there’s no deal, it’s not a crisis. The fiscal cliff is fake,” Fisher says in an interview with Forbes. “A political invention, arbitrarily put at January […]
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Tag Archives: fiscal cliff
“Cliff-Sensitive” Stocks with Upside
December 6, 2012 
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In his latest Nasdaq.com column, Validea CEO John Reese takes a look at stocks that might be getting hit too hard by “fiscal cliff” fears. “What if we don’t go off the cliff, or we do, but the impact on the stock market isn’t as severe as expected. Despite what you may have heard, those […]
Read moreBuffett on the Fiscal Cliff
November 19, 2012 0 Comments
Warren Buffett says that even if the U.S. goes over the “fiscal cliff”, he doesn’t think it will lead to recession. “I don’t think that’s going to happen,” Buffett tells CNNMoney. He says that even if it takes a couple months after the New Year for Congress and the President to reach a “cliff” deal, […]
Read moreSonders: Don’t Sell Housing Rebound Short
November 15, 2012 0 Comments
Charles Schwab’s Liz Ann Sonders says that a rebounding housing market will have more of an impact than many believe it will have on the economy. “People are still underestimating the impact that this is going to have,” Sonders said at the Schwab Impact 2012 conference, CNBC reports. “What people are underestimating is the ripple […]
Read moreEl-Erian On How To Handle The Fiscal Trouble
November 14, 2012 0 Comments
PIMCO’s Mohamed El-Erian says policymakers trying to address the country’s fiscal problems should focus on getting businesses and individuals to put the “ton” of cash now sitting on the sidelines to use, both via investment markets and capital spending. ”If you make that your objective, you’re going to move not only just on fiscal reform but […]
Read morePIMCO Boss: Years of Balance Sheet “Rehabilitation” Ahead
October 25, 2012 0 Comments
PIMCO Chief Operating Officer Doug Hodge says that monetary easing alone isn’t enough to repair the U.S. economy, and that America is “in for a slow period of balance sheet rehabilitation” that will take years. “What we’ve learned though is that monetary policy alone, it’s necessary but it’s not sufficient,” Hodge tells FOX Business Network. […]
Read moreWhat History Tells Us About Stocks & The Fiscal Cliff
October 16, 2012 0 Comments
Many pundits and investors have been forecasting big trouble for the stock market if the U.S. goes off the “fiscal cliff” at the end of the year, and tax rates jump on income, capital gains, and dividends. But the firm of top strategist James O’Shaughnessy says history tells another story. Looking at data going back […]
Read moreSonders: Market to Meander; Stay Calm
August 17, 2012 0 Comments
Charles Schwab Chief Investment Strategist Liz Ann Sonders says the U.S. economy has a lot going for it, and thinks investors should remain calm. “I happen to be a pretty big optimist long-term on our economy,” Sonders tells Bloomberg BusinessWeek. “I’m by no means a perma-bull, but I think there are so many things that […]
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