Steven Leuthold and Doug Ramsey of Leuthold Weeden Capital Management say that, despite what some major U.S. indices say, we are in a bear market for equities. But, they also think that we may be very close to the end of it. “We haven’t reached the technical definition of a bear market on the Dow [...]
Read moreLeuthold Sees “Significant” Rally; Focuses Overseas
Steven Leuthold says he thinks the market has hit its high point for the year, but he also says it’s no time to sell, as he thinks we’re nearing a significant rally. Leuthold tells Bloomberg that he thinks the S&P 500 is “very close to median valuations levels”, and that he’s probably going to soon [...]
Read moreLeuthold Bullish for Now, But Fears Deficit Problems
Top fund manager Steven Leuthold says he’s bullish on stocks for the rest of 2010. But he tells Bloomberg that he’s hesitant to look beyond the end of the year because of the looming U.S. budget deficit, which he calls a “giant gorilla in the room”. Leuthold says he has about 60% exposure to equities [...]
Read moreLeuthold Dumping Bonds, Keying on Dividend Stocks
Steven Leuthold, the longtime bear who made a successful bullish call back in the winter of 2008/2009, is cutting back on junk bonds that have offered big returns over the past year, shorting Treasuries, and turning instead to high-yielding stocks. “Since we think interest rates are headed up, there’s probably as much risk in bonds [...]
Read moreLeuthold on Stocks, Gold, and the Demise of the Euro
We recently highlighted Steven Leuthold’s 2010 outlook, noting that the longtime bear who turned bullish last year is optimistic on the first half of the new year, but pessimistic on the second half. In a recent speech highlighted by Advisor Perspectives, Leuthold expanded on that outlook and offered his thoughts on the current market. He [...]
Read moreLeuthold Sees Stocks Rising — and then Falling — in 2010
Steven Leuthold, the longtime bear who wisely shorted stocks in 2008 and then presciently turned bullish in 2009, says 2010 will feature some strong gains for the market — and then some significant losses. According to Registered Rep. magazine, Leuthold writes in his latest “Green Book” report that the S&P 500 should climb another 20% [...]
Read moreLeuthold: Good Things Coming for Stocks in Nov., Dec.
Steven Leuthold, a longtime bear who turned bullish earlier this year, remains a bull as we head into the home stretch of 2009. He tells Bloomberg news that he thinks we’ll see something of a capitulation in November and December by those who have thus far been cautious.
Read moreLeuthold: Pullback Will Be Brief; S&P 1,100 by Year-End
Steven Leuthold, the longtime bear who has turned bullish in recent months, tells Bloomberg news that he doesn’t think the current pullback will run more than 5% or 6%, and says he still sees the S&P 500 getting to 1,100 by the end of the year. Leuthold says there are definite signs the economy is [...]
Read more
October 3, 2011
