The Return Of Bill Miller

Bill Miller, who beat the S&P 500 for a record 15 straight years before his portfolio was decimated in the financial crisis, has returned with a vengeance, with his fund in the top 1% of those in its class over the past three years and the top 7% over the past five years. And now […]

Forester: More than Meets the Eye in Housing

Fund manager Tom Forester, who was the only equity fund manager to make money in 2008 when the housing and financial crises rocked markets, says issues still lurk beneath the surface of the rebounding housing market. While foreclosures and delinquencies have declined quite a bit, Forester tells Investor’s Business Daily that many foreclosed homes have […]

Rosenberg Doubtful Of Housing Recovery’s Legs

The U.S. housing recovery has encouraged many investors in recent months, but Gluskin Sheff & Associates Chief Economist David Rosenberg isn’t sure the rebound has legs. Rosenberg tells CNBC that, while “we’ve certainly had a housing recovery,” the recovery has been in large part a result of housing starts — which plummeted during the Great […]

Shiller Still Not Sure About Housing Rebound

While many believe the housing market has turned a corner, Yale housing guru Robert Shiller isn’t so sure. Shiller tells Bloomberg that while short-term indicators are up, that also happened in 2009, but the trend didn’t turn into a long-term one. Shiller also talks about the broader financial system, which he says has gotten “a little […]

Shiller Still Not Sure Housing Has Bottomed

Yale Economist and housing guru Robert Shiller says he thinks housing prices will continue to rise for a few months, but he’s not sure the upswing will continue after that — and he doesn’t think another housing boom is coming any time soon. “A lot of people seem to think that if the market turns […]

Shiller Doubtful of Housing Recovery

Yale housing guru Robert Shiller says he’s still not convinced the housing recovery is real. Shiller tells CNBC that some 10 million homeowners are still underwater on their mortgages, and many will end up in foreclosure. Those foreclosures will add inventory to the housing market, he says, and economic risks at home and abroad are […]

Sonders: Don’t Sell Housing Rebound Short

Charles Schwab’s Liz Ann Sonders says that a rebounding housing market will have more of an impact than many believe it will have on the economy. “People are still underestimating the impact that this is going to have,” Sonders said at the Schwab Impact 2012 conference, CNBC reports. “What people are underestimating is the ripple […]

Buffett, Berkshire Add to Housing Recovery Bet

Warren Buffett’s firm is continuing to bet on a recovery in the U.S. housing market, with one of its subsidiaries taking the lead in managing a new residential real estate affiliate network. HomeServices of America Inc., a subsidiary of Berkshire’s MidAmerican Energy Holdings Company, will be the majority owner of the affiliate network, teaming with […]

Shiller: Not Clear if Housing Has Bottomed

Yale economist and housing guru Robert Shiller isn’t ready to say the housing market has bottomed. “There are a lot of positive indicators, but I think people tend to overreact to these,” Shiller tells CNBC. “And if you look at the trend, which has been down since 2006, it’s a pretty strong trend that we […]

Shiller Not Convinced Of Housing Turnaround

While many signs are pointing to a housing market recovery, Yale Economist Robert Shiller — who was among the earliest to call the housing bubble that burst in the late 2000s — isn’t convinced. “His reasoning?” writes The Wall Street Journal’s Joe Light. “The home-price rebound, if that’s what it is, doesn’t yet have momentum […]

Shiller on Housing and Regional Bubbles

Housing market guru Robert Shiller says it’s possible that the housing market has bottomed, but that he’s not confident it has. Shiller tells FOX Business Network that there is some good momentum forming in housing prices, but that part of the recent bounce has been seasonal. Shiller says that it’s possible that bubbles are forming […]

Siegel Says Housing Will Boost Second-Half GDP

Wharton Professor and author Jeremy Siegel says a rebound in the housing market will help push GDP growth near 3% in the second half of 2012. “Housing is one of the few bright spots, but a very important bright spot in the economy,” Siegel told Bloomberg TV (hat tip to Business Insider). “When you talk […]

Wien’s Reasons for Optimism — and Concern

Blackstone Group’s Byron Wien is seeing reasons for optimism in the U.S., though he thinks the stock market boom days of the 1980s and 1990s aren’t coming back anytime soon. “I’m actually kind of positive on the U.S. because I think some good things are happening,” Wien tells The Wall Street Journal in a side-ranging […]

Shiller Talks Housing, Psychology

Housing guru Robert Shiller says the latest home price data is good news, and he expects prices to continue to rise through the summer months. Shiller tells FOX Business Network that he’s not sure what will happen beyond the summer, however, and that he is concerned that the worst isn’t over for housing. He talks […]

Shiller Worried More Housing Declines Ahead

  Yale Economist Robert Shiller says the long decline in housing prices may not be over yet. “Home prices show a lot of momentum; they’re not like the stock market. The real question is do we still have downward momentum?” Shiller tells FOX Business Network. “There are a lot of positive signs but a skeptic […]

Shiller on Housing, QE3

Yale Economist Robert Shiller says he’s not sure if the housing market has bottomed, and says it’s likely that an environment of austerity is behind the recent economic slowdown. Shiller tells CNBC that another round of quantitative easing “might help, but I don’t know that it’s going to overwhelm the general mood of austerity which […]

Shiller: Housing Could Fall Further — But Not By Much

Yale Economist Robert Shiller, who predicted the housing market crash, says he thinks home prices could fall further, but he doesn’t expect more major declines. Shiller tells FOX Business Network that he thinks prices “could fall further — not that much probably — because there’s a readjustment in our thinking. … Our long-run opinions about real […]