The technical signs suggest we’re at a crucial point for stocks: Either a decisive rise or a dramatic fall is coming. And if you’re the type to dismiss technical analysis as unscientific voodoo, you’re missing the point: It’s …
Bill Gross, the leading proponent of the “New Normal” — the idea that stocks will return just 3% a year for the foreseeable future — has been wrong over and over again. So why does anyone pay attention to his predictions?
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Now, even over-the-top bears like bond giant Pimco are doing a bullish about-face, and that makes it tougher for fund managers to keep avoiding the stock market. If they start returning to a historical stock allocation, that co…
If the agreement between congressional Republicans and President Obama is ratified, Pimco, which manages the world’s largest bond fund, says the stimulative measure will contribute much to economic growth — and to the deficit….
The S&P 500 has rebounded 20% since its July 2010 low, which comes as bad news to perma-bears like Nouriel Roubini, Gary Shilling and Bill Gross, all of whom predicted the opposite. This raises several questions about how stock…