Time magazine takes a look at what we might expect in the coming economic recovery, with insight from top strategists such as Peter Lynch and Jean-Marie Eveillard. A sampling of the advice:
* Lynch says that waiting for a major economic recovery to occur before jumping back into the market can cost you a lot. “People think that things need to go from terrible to terrific before they can invest,” the former Fidelity star says. “But things only have to get to somewhat crummy for stocks to go up.”
* Eveillard, of First Eagle Funds, says not to expect this recovery to be like those we’ve usually seen in the past 60 or so years. “It’s a very different story today,” he says. “The landscape is different, and the recovery, when it comes, probably won’t be along the lines of what we have seen in the post-World War II period.”
* Robert Arnott of Research Affiliates thinks corporate bonds — not stocks — are the place to be in this recovery. They’re yielding about 6% compared to the S&P 500 yield of about 3.1%, Time notes.
in:
http://theguruinvestor.com/2009/05/08/what-will-the-recovery-look-like/
Ruin-Nation
11 months ago
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