European Summit Agreement Gets Stocks Moving
Germany relented from their hard line stance agreeing with the plan to allow the European Financial Stability Facility (EFSF) to get bailout funds to banks; mainly Spain. Italy’s prime minister Mario Monti (photo left), while claiming to...
- Posted June 29, 2012
Stephen Roach Explains the European Ponzi Scheme
Bloomberg’s Tom Keene interviewed Stephen Roach, professor at Yale University and former non-executive chairman for Morgan Stanley in Asia, regarding his sharp criticism of central banks. Roach talked about a convergence bubble. If you were Spain, Greece,...
- Posted June 28, 2012
David Rosenberg: European Crisis at Existential Moment
Bloomberg’s Tom Keene and crew interviewed David Rosenberg, chief economist and strategist at Gluskin Sheff, to get his views on the economy and markets. Rosenberg gained notoriety for his bearish forecasts on the economy before the 2008-2009...
- Posted June 27, 2012
George Soros: Europe in Danger of Evolving into German Empire
George Soros made news yesterday proclaiming the EU has three days left and warning the summit this week could turn into a “fiasco.” Talking about the prospect of a German empire and a permanently depressed periphery, Soros...
- Posted June 26, 2012
Charles Nenner: Don’t Own Any Stocks Because They are Too Dangerous
Jeff Macke interviewed Charles Nenner, head of the Charles Nenner Research Center, on Yahoo’s Breakout to get his views on the major markets. Nenner said he expects the S&P 500 to hit a cycle low next week,...
- Posted June 25, 2012
Chinese Economic Data is Questionable and Disconcerting to Investors
Questions have arisen regarding the economic data being released by Chinese officials. If Chinese economic data has been doctored, the three-year bull market in equities could be in peril. According to a report by Keith Bradsher of...
- Posted June 24, 2012
Harry Dent: Get Out of the Stock Market Now!
It’s coming apart according to Harry Dent, founder of economic research and forecasting company HS Dent. His “calculated guesses” say it’s now time to get out of stocks. Dent lays out a convincing case that things are...
- Posted June 24, 2012
John Rogers on the Pricing Power of Sports in the TiVo Age
John Rogers, founder of Ariel Investments and manager of the Ariel and Ariel Appreciation funds, was interviewed by Morningstar analyst Christopher Davis regarding opportunities he’s finding in the stock market. Rogers revealed he has a passion for...
- Posted June 22, 2012
FPA Crescent’s Steven Romick on Finding Value in the Stock Market
Searching for value in the stock market is one of the ways First Pacific Advisors (FPA) puts investors first and CNBC interviewed Steven Romick to get his latest ideas. Romick runs the FPA Crescent fund, a Morningstar...
- Posted June 21, 2012
Exchange Traded Funds: Lowest Cost Wins
Investors seem to be wising up in their choice of funds to invest in. Index Universe revealed fund flows in 2011 were heavily skewed towards Exchange Traded Funds (ETFs) versus traditional higher cost mutual funds as twice...
- Posted June 19, 2012