Yale economist Robert Shiller, who predicted the recent housing bust as well as the Internet bust earlier this decade, says that a meaningful recovery seems to have occurred in the housing market — but that we shouldn’t expect it to continue at the current rate. “It looks like a major turnaround,” Shiller, whose S&P Case-Shiller housing index has now risen for three straight months, told The Wall Street Journal. “We have some concern that it could be an aberration and temporary. But, at this point, it seems to be evident in just about every city in the U.S. That suggests […]
Each week, I take a look at which stocks my Validea.com Guru Strategy computer models have newfound interest in, and which they have soured on. Here’s a look at some of the stocks that my strategies have upgraded or downgraded today. Among the big-name movers: CVS Caremark and Honeywell International.
Tom Gardner, co-founder and CEO of The Motley Fool, says in an interview with Forbes that two of the most important things an investor can do are being open to learning from other successful investors, and taking a long-term view of the stock market. Gardner, who founded The Motley Fool online community with his brother David, was bullish earlier this year when many were pushing apocalyptic viewpoints; since then, the market has surged. “It’s tough to do, and it was,” he said of staying disciplined. “It’s sad to see your portfolio go down, but you really have to train yourself […]
Wells Capital Management Chief Investment Strategist James Paulsen is sounding optimistic on the economy, and today explained to Bloomberg TV the reasons for his belief that the solid growth is on the way. Paulsen says that stimulus plans generally come with a significant lag time (as much as a year), and, because of that, much of the government’s massive stimulus has yet to hit Main Street. He also says that many pundits are underestimating the resilience of the U.S. consumer. [Youtube=http://www.youtube.com/watch?v=91e9aTLh-u4]
One of the many impacts of last year’s market meltdown was the huge shakeup to stocks’ style box classifications. With most stocks losing a quarter to half of their value — and some of the largest companies being decimated — definitions for “large-cap”, “mid-cap”, and “small-cap” were turned on their heads. And, writes Investment News’ Jeff Benjamin, that appears to have given smaller money managers and individual investors an advantage over big investment firms. Benjamin says the market plunge “had a unique impact on managers of small-cap stocks because it pushed those stocks that are generally expected to lead a […]