Paulsen: Rising Confidence to Spur Economy

Wells Capital Management Chief Investment Strategist James Paulsen says corporate leaders are now feeling more confident in the economy, and he expects they’ll be acting more aggressively in putting cash to work. Paulsen tells CNBC that he thinks the biggest accelerant of growth will now be a “slow but steady rise in both consumer and […]

Fisher Likes Large Caps — Really Large Caps

In an article in London’s Telegraph, Kenneth Fisher offers an interesting take on large-cap stocks. “I think the time of small-cap dominance is over,” Fisher said. “There will be a switch to large caps — although it won’t be a fast one, more like a dimmer switch.” Large-cap stocks have underperformed smaller stocks for some […]

Normally Bearish, Top Forecaster Now Sees Good Times for U.S.

An economist who foresaw the Asian crisis back of 1998, the Internet bubble of the early 2000s, and the recent housing bubble has a very upbeat view on the U.S. economy for 2011. Author and University of Chicago Professor Emeritus Robert Z. Aliber is predicting that the U.S. economy will grow between 4.5% and 5% […]

Muhlenkamp “Near Fully Invested”

In his year-end letter, Ron Muhlenkamp says that, after being cautious for most of 2010, he gained confidence in the U.S. economy toward the end of the year and is now “near fully invested”. In the U.S., Muhlenkamp says the extension of the Bush-era tax cuts should help increase employment, but he also says state […]

Shiller: U.S. & European Markets Overvalued

Yale economist Robert Shiller says he thinks U.S. and European stocks are overvalued. “I would say the market is overpriced based on fundamentals,” Shiller tells CNBC. “The Dow [reaching] 12,000 doesn’t stimulate me to excitement.” Shiller also says the housing market is “inherently psychological”, and says he thinks we may see a renewed downtrend in […]

Grantham on Commodities, The Presidential Cycle & What Whale Sightings Mean for Investors

GMO’s Jeremy Grantham has released his fourth-quarter 2010 letter to shareholders, and Part I of his always-intriguing commentary is filled with short-term bullishness and long-term bearishness. “Be prepared for a strong market and continued outperformance of everything risky,” Grantham writes, citing stimulative Federal Reserve policy and the fact that we’re in the third year of […]

Guru Strategy Rating Changes: McDonald’s Rising, GE Falling

Each week, we take a look at which stocks John Reese’s Guru Strategy computer models have newfound interest in, and which they have soured on. Here’s a look at some of the stocks John’s strategies have upgraded or downgraded today. Among the big-name movers: McDonald’s, General Electric, and General Dynamics.

Sonders on Housing, Unemployment, and GDP

Housing played a huge role in the 2008 market crash and “Great Recession”, and in her latest market commentary Charles Schwab Chief Investment Strategist Liz Ann Sonders offers some interesting insights into where the housing market now stands, and where it’s headed. Sonders examines the current housing environment, as well as several historical patterns in […]

Winters, Biggs on Where the Market Is Headed

Two top money managers, David Winters and Barton Biggs, are sounding bullish on U.S. stocks. Winters, whose mutual funds have excellent long-term track records, told Bloomberg that benchmark indexes may reach record highs as the government helps stimulate economic growth. “Winters, who favors stocks in emerging economies in Asia such as Indonesia, Malaysia and South […]

Mobius: Emerging Markets Still Attractive; Looking Closely at Ukraine

Emerging markets guru Mark Mobius says that emerging markets remain attractive, though inflation and sovereign debt are  two factors that could impact global growth. “The rise in emerging market equity prices has been substantiated by a correspondingly large increase in the earnings growth of emerging market companies,” Mobius, executive chairman of Templeton Asset Management, said […]

Tepper Likes U.S., High on Semiconductors

In a wide-ranging interview on CNBC, hedge fund guru David Tepper offered his take on the market and particular sectors, industries, and asset classes. Tepper says the U.S. stock market looks good right now, and he’s high on semiconductor stocks and likes several financials. Tepper says that “so much uncertainty has been alleviated”, and also […]

2010 Guru Report: Piotroski Approach Leads Way With 55% Gain

While 2010 was a good year for the broader stock market, it was an even better year for John Reese’s Guru Strategies. For the full year, Reese’s guru-inspired 10-stock portfolios returned an average of 19.2%, easily outpacing the S&P 500’s 12.8% return. The best performer was the approach inspired by little-known professor Joseph Piotroski, […]

Oberweis: Small-Cap Growth Rally Not Over

Newsletter guru Jim Oberweis says that, while small-cap growth stocks have experienced a big rebound in the past two years, they have plenty more room to run, Canada’s Globe and Mail reports. “Small-cap growth stocks remain undervalued relative to small value stocks,” Oberweis told’s Howard Gold. “What you haven’t seen [yet] is a multiple […]

Hulbert on Which Industries to Watch

While 2010 was a year in which economic worries abounded and fears of a double-dip recession were sky-high, an unlikely sector led the market’s gains: consumer discretionary firms — i.e., those that make non-essential products. In his latest Barron’s article, Mark Hulbert touches on the unusual result. What’s just as interesting, he notes, is that […]

Zweig on Cloudy Forecasts

While scores of analysts and strategists have been offering their 2011 forecasts about how much the S&P 500 will gain or lose, how much gross domestic product will grow or shrink, and a myriad of other financial figures, The Wall Street Journal’s Jason Zweig offers a prediction of his own: Most of those forecasts, he […]

Fisher Sees U.S. Outperforming in 2011

Kenneth Fisher says he thinks U.S. stocks will outperform the rest of the world in 2011. In an interview with Bloomberg, Fisher also reiterates his belief that 2011 will be a year in which investors will benefit more from stock-picking than from trying to play macroeconomic trends. And he discusses specific sectors and countries, including […]

Tilson: Housing Crisis Near “Seventh Inning”

Whitney Tilson, one of the few to warn of the housing bubble before it burst, says we are now around the “seventh inning” of the housing crisis. Tilson tells CNBC that he doesn’t think things will get a lot better anytime soon, but he also thinks it won’t get a lot worse, as the government […]

Herro: “Outstanding Opportunities” Exist

In his latest shareholder letter, Morningstar’s International-Stock Fund Manager of the Decade David Herro says that he remains “convinced there are still outstanding opportunities for long-term investors”. “Not only have equities returned less than their long-term averages over the past 21 years, we view their valuations as quite compelling,” Oakmark’s Herro writes. “As of November […]

Siegel Still Bullish

Wharton professor and author Jeremy Siegel says stocks look very attractive valuation-wise, and thinks the market will rise 10% to 15% this year. Siegel also tells Bloomberg that he thinks those buying gold now will be disappointed in five years, and that the major crises bears are waiting for, like hyperinflation, aren’t going to occur.

Nygren on How to Crush the Market with a .200 Batting Avg.

People often thinks of great investors as nearly infallible geniuses who generate big returns year-in, and year-out. But in his latest letter to investors, Bill Nygren — whose Oakmark Fund has generated returns more than five times the broader market over the past decade — says that’s far from true. (A tip of the cap […]

Two Top Strategists Cautious on Economy, Bullish on Stocks

In the latest edition of Consuelo Mack’s WealthTrack, two top strategists — Blackrock Global Allocation Fund’s Dennis Stattman and ISI Group’s Ed Hyman — offered their takes on the economy and stock market. Both Stattman and Hyman say they have significant concerns about the U.S. economy, but both are bullish on stocks. Stattman, whose fund […]