CFA Panelists: Economic Bears, Stock Market Bulls

The CFA Institute held its Global Financial Crisis Roundtable Thursday, with institutional expert Theodore Aronson, Goldman Sachs’ Abby Joseph Cohen, bond expert Martin Fridson, and economist Jason Trennert speaking in a panel discussion moderated by The Wall Street Journal’s Jason Zweig. U.S. News & World Report’s Kirk Shinkle offers the following observations from the hour-plus discussion: “Cohen made it clear she thinks that many (though not all) markets have fallen enough to make new opportunities attractive. ‘There is value being re-established,’ she said. All the analysts said the macro factors, including the incoming administration, will matter for markets. There, Cohen […]

Zweig: Joe Investor’s Time Is Now

Wall Street Journal columnist Jason Zweig makes the current case for the individual investor, and highlights the vast array of asset classes that are presenting very attractive values. While stocks are cheap, other areas such as corporate and municipal bonds, emerging markets, TIPS, real estate and closed-end funds are also so beaten up that opportunities abound.