Investors interested in timing the stock market’s recovery to make money are tempted to track the opinions of key commentators, whose words can affect markets. In that connection, Nouriel Roubini’s opinion can move the major market averages, possibly as much as the opinions of economist Henry Kaufman—the “Dr. Doom” of his era—who arguably ignited...
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WARNING: If you’re an investor looking for stocks that will soar in the economic recovery (if it happens), look elsewhere. But if you’re a patient investor willing to accumulate and hold a stock for years to get a good return, read on. The basic investment case for Altria Group (MO), the holding company for...
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I’d like to introduce a theme to be developed in future posts: that knowledgeable investors can profit by making investment decisions that benefit from Wall Street’s shortcomings in understanding government policy. The increased role of government in business makes Wall Street nervous. This is partially ideological: many businesspeople and financiers just don’t want the...
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