Bill Gross is Making Waves About Stocks and Bonds Demise
The long-time money manager hailed as the “King of Bonds,” PIMCO’s Bill Gross has made news with his latest “Investment Outlook” letter to investors. Gross proclaims “the cult of equity is dying.” Citing the historical real returns...
- Posted July 31, 2012
Jeremy Siegel: Lower Euro is the Last Best Hope
Bloomberg’s Betty Liu interviewed professor of finance at the University of Pennsylvania’s Wharton School and financial author Jeremy Siegel regarding the European crisis which has been weighing on stocks. Siegel said one of the biggest problems in Europe...
- Posted July 30, 2012
ECB’s Mario Draghi Ends Stock Drought
After markets worldwide tumbled (especially Europe, down 6.4%) from July 20th through the 25th, the European Central Bank’s president Mario Draghi cried uncle with rhetoric aimed at stemming the decline; and it worked (at least temporarily). Yesterday...
- Posted July 27, 2012
Harry Dent in Bull Versus Bear Debate With Seth Masters
Ultra-bearish author and newsletter writer Harry Dent was on CNBC’s Closing Bell yesterday debating the future of the market with Seth Masters of Bernstein Global Wealth Management. Masters sees the Dow hitting 20,000 in several years, which seems...
- Posted July 24, 2012
Jeff deGraaf: Healthcare Stocks Rallying from Massive Base
The number one ranked technical analyst by Institutional Investor magazine for the last seven years running has been Jeff deGraaf of Renaissance Macro Research. He was on CNBC a couple of days ago speaking to Simon Hobbs...
- Posted July 23, 2012
Historical Precedent Indicates We’re in a Recession: Gary Shilling
Long-time market observer and author Gary Shilling was on Bloomberg commenting on Fed chairman Ben Bernanke’s recent testimony on the economy and problems he sees ahead. Shilling said he expects further weakness in employment as we are...
- Posted July 19, 2012
Breakout of the Mega-Cap Growth Stocks
Anyone watching the markets regularly has probably noticed long-time dormant large cap growth stocks have awoken from their lengthy slumber. While their earnings and dividends have generally been climbing every year, many of these stocks have changed...
- Posted July 18, 2012
Charles Nenner Believes S&P 500 Will Fail Next Attempt to Break 1,400
On Jim Puplava’s Financial Sense News Hour Charles Nenner reiterated his prediction that bonds would top out in the next couple of months, and also provided his outlook for stocks. Nenner said he got out of stocks...
- Posted July 16, 2012
Warren Buffett: Things Are Slipping Pretty Fast in Europe
CNBC’s Becky Quick interviewed Warren Buffett yesterday to get his take on the economy in the U. S. and Europe. He said the general economy for the last two months has been more or less flat. Buffett...
- Posted July 13, 2012
Byron Wien: The S&P 500 Could Top 1400 By the End of the Year
Blackstone Advisory Partners Vice Chairman Byron Wien was on Bloomberg Surveillance with Tom Keene discussing the economy, stock market, and gold. Wien said the ideas of Carmen Reinhart and Kenneth Rogoff are coming to pass in that...
- Posted July 12, 2012