Steven Leuthold, "The economy is certainly improving"
Steven Leuthold has racked up an impressive record managing money over the past 5 years. He currently predicts the S&P 500 will reach 1,100 before the end of the year. Leuthold said inflation is the danger to worry about; which he believes could accelerate approximately 2 years from now.
Leuthold said he is investing in diversified financial services. He is also emphasizing emerging markets, especially Asia, as a way to protect against dollar debasement.
Leuthold also expects tougher times for hedge funds as they need to get back to their highs in order for the managers to generate their fees.
Hugh Johnson of Johnson Illington believes the economy will expand in the 3rd quarter.
Sources:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aj_PmAS.8L5g
Related Posts
-
Position in SPDR Small Cap Value ETF IncreasedThe position in the SPDR S&P 600 Small Cap...
- February 7, 2019
-
Jeremy Siegel Sees a Bull Market ContinuationJeremy Siegel predicted a bullish 2019 for stocks on...
- January 10, 2019
-
Ken Fisher is Over the Top Bullish for 2019CNBC interviewed successful money manager Ken Fisher yesterday
- January 3, 2019
-
Is the Retirement Crisis Really a Crisis?PBS Frontline recently presented a documentary called “The Retirement...
- April 25, 2013
-
Alarming Chart of the Stock Markets of 1987 and 2012-2013Several days ago I posted a chart showing the...
- May 22, 2013
-
Gary Shilling’s Favorite Investment: 30 Year Treasuries
Larry Kudlow interviewed Gary Shilling last week. Shilling continues...
- June 23, 2011
