Bad Countries, Good Investments
Last week the White House suggested shorting Russia, but Mebane Faber is going long, calling that advice "moronic."
Shiller, S&P’s Blitzer See Housing Growth Slowing
Home prices gained 11.3% in 2013, their best year since 2005, but month-to-month gains are slowing, according to S&P Dow Jones Indices.
Why the Fed's Policies Are Increasingly Ineffective
The central bank took monetary expansion too far.
Keeping the Right Focus
It's been a good ride recently for total-return investors. First, the S&P 500 rose 25.2% through early December; global stocks, as tracked by Morgan Stanley, improved 21.6% during the same period.
What We Can and Can’t Predict About Stock Returns
Nobel laureates Fama’s and Shiller’s asset-pricing models are nearly opposite, yet they both got one big thing wrong, Research Affiliates CIO Hsu says.
Roubini Frets Over ‘Slow-Motion Replay’ of Last Housing Bubble
The economist sees “signs of frothiness, if not outright bubbles” in many developed and emerging market countries’ housing markets.
Shiller vs. Fama: Which Nobel Winner Comes Out on Top?
Research Affiliates teases out the Nobel laureates' distinctive value approaches and finds a yawning gap between them.
Gundlach on Shiller CAPE Fund: ‘A Better Mousetrap’
DoubleLine's Jeffrey Gundlach and Yale economist Robert Shiller describe why their new fund might appeal to value investors.
From Doom to Boom (and Back): Grantham Sees Stocks Soaring up to 30%, for Now
Stock market scold Jeremy Grantham expects the U.S. market to soar 20% to 30% in the next year or two—before the next mega-crash, at least.
How to Channel Bill Gross and Maximize Clients’ Charity
As PIMCO's bond king upstages Gates and Buffett, here's how you can help clients respond to inequality.