July 2012

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Thumbnail image for 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 of 6.6% that stocks achieved since 1912, Gross writes that a duplication of ...

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Thumbnail image for 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 has been a worry about the banks – the solvency of the banks ...

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Thumbnail image for 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 stocks rallied on word from Draghi that the Euro would not be allowed ...

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Thumbnail image for 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 to be a reasonable assumption. However, Dent expects the Dow to land around ...

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Thumbnail image for 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 about a sector that has been building “beautiful, massive bases” for years. The ...

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Thumbnail image for 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 probably in a recession right now. He added that retail sales were negative ...

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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 little for over a decade. P/Es have compressed while their dividend yields have ...

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Thumbnail image for 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 the last time the S&P 500 breached 1,400.  However, he believes the market ...

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Thumbnail image for 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 said he was seeing a pick-up in residential housing from its very low ...

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Thumbnail image for 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 we have a debt/GDP ratio of close to 100%; and probably worse if ...

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