Word: strategists
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...reversed course, rallying strongly, and even led the market to a robust gain on Monday, with the Dow rising 235 points. So is this the sign of a true financial-stock recovery, or a seductive bear trap? TIME contributing editor John Curran caught up with Oppenheimer & Co. chief investment strategist Brian Belski, who was in Tel Aviv on Monday, to get his view on banks...
...What's more, the current stock market rally is less than two months old. And most rallies at the beginning of bull markets have lasted much longer before stocks retreat. According to strategist Lazlo Birinyi, who has long used technical factors to determine whether stocks are a good investment, in 23 of the past 24 bull markets stocks have risen for an average of 194 days before falling more than 10%. That means the current rally, near 60 days, has more than six months to go, on average, before stocks pull back. "Absolutely, this is a bull market," says Birinyi...
...held by many economists that Asia could emerge from the recession ahead of the U.S. and Europe, based primarily on improved economic activity within the region. "Intra-regional trade will play a much more important role in a recovery (in Asia) than people thought," says Andrew Freris, senior investment strategist for Asia at BNP Paribas Wealth Management in Hong Kong. "And that is good news." (See pictures of the global financial crisis...
Roosevelt was enormously popular (hence the fourth term), and later administrations have tried to associate themselves with his early success. "Jerk out every damn little bill you can," President Lyndon Johnson reportedly commanded his strategist Larry O'Brien in 1965. "Put out that propaganda ... that [we've] done more than they did in Roosevelt's hundred days." Propaganda or not, Johnson actually had a very effective 100-day run: after being sworn in as Kennedy's sudden and unexpected successor, he advanced the passage of the Civil Rights Bill, established the Warren Commission to investigate J.F.K.'s assassination...
...Philadelphia-based strategist Larry Ceisler, a Democrat who has long supported Specter, said he had expected to see him make a bid as an independent, even though that is technically difficult under Pennsylvania law, and was taken aback by his complete switch of parties. That switch, he said, appears to be the loudest statement of disapproval Specter can make about the Republicans and not necessarily an endorsement of the Democrats. "I don't expect Arlen Specter to be any different as a Democrat than he was as a Republican ... He was a maverick Republican. He's going...