Kenneth Fisher says the European debt crisis won’t be enough to stop the stock market in 2012, and expects a big up year for stocks. “Volatility spooked investors in 2011, and as a result there are few superbulls or superbears out there,” Fisher writes in his latest Forbes column. “Most pros are noncommittal, mildly bullish [...]
Read moreFisher: 2012 “To Be As Rewarding As 2011 Was Frustrating”
Kenneth Fisher, who correctly said 2011 would be a flattish year for the market with lots of volatility, sees a much better scenario developing in 2012. “Optimists are scarce, and ample skepticism is rampant — a bullish feature — providing a wall of worry for this bull market to climb,” Fisher writes along with several [...]
Read moreFisher: Look for Euro Stock Rebound in ’12
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 moreFisher: Overlooked Indicator Shows Recession Unlikely
Kenneth Fisher says the U.S. isn’t headed for a recession, and a big reason for his confidence is one you might not expect: iron ore prices. “Particularly in recent years, iron ore prices have tracked the economy well — more than most commodities because, thanks to the lack of exchange-traded spot and future prices, there’s [...]
Read moreFisher: Buy on Fear
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 moreFisher’s Price/Sales Approach Still Crushing Market
Every other issue of The Validea Hot List newsletter examines in detail one of John Reese’s computerized Guru Strategies. This latest issue looks at the Kenneth Fisher-inspired strategy, which has averaged annual returns of 11.7% since its July 2003 inception vs. 2.5% for the S&P 500. Below is an excerpt from the newsletter, along with several top-scoring [...]
Read moreFisher: The Economic Data Is Better than Many Think
Kenneth Fisher says the fact that GDP growth nearly doubled in the U.S.’s third quarter is far from the only positive economic sign out there — even though the media continues to focus on the negative. In a post on Forbes.com, Fisher points to a number of economic figures, including improving manufacturing numbers in the [...]
Read moreGDP Fixation Is “Silly”, Fisher Says
Investors will no doubt be eagerly awaiting the third-quarter gross domestic product readings in the coming weeks. But top investor Kenneth Fisher has advice for them: Ignore it. “GDP calculations are useful — to a degree. But they’re government-compiled, hence wonky, based on inherently flawed assumptions and surveys,” Fisher writes in an Interactive Investor column. [...]
Read moreFisher: Election Year A Bullish Sign For Stocks
In his latest piece for Forbes, Kenneth Fisher says he thinks President Obama will be tougher to unseat than many Republicans seem to think. But regardless of who wins, he says, the fact that we’re heading into an election year bodes well for stocks. “Of the 21 election years since the S&P index began, 17 [...]
Read more“Correlations” Often A Myth, Fisher Says
Correlation is something that is often cited by market analysts — when X happens, it causes Y to happen in the stock market. But in his latest piece for Forbes, Kenneth Fisher says simple statistical analysis shows that many of the alleged causes of market movements are more myth than reality. “Almost every day you [...]
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February 13, 2012
