Gross: 'Glum' Predictions for New Year
Weak performance for stocks and bonds, higher unemployment and roaring gold prices are in store for investors next year, PIMCO's Bill Gross says.
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Vertical Farms Solve Land Problem?
With land prices at a premium in Singapore, vertical farms with rotating vertical racks present a sustainable solution while cutting down pollution.
Forget Stocks? Shilling's Backing Bonds for 2013
Gary Shilling has been a long-time advocate of bonds, and he's not changing his tune as the market heads into the new year. Stocks, up four years running, will be trying in 2013 to extend the rally that started all the way back in March 2009. But Shilling, president of economic consulting firm A. Gary Shilling & Co., says the impending recession requires investors to be cautious about equities. "I think you play it with a 'risk-off' kind of approach," he says in an interview with The Daily Ticker. "And that means you probably look for more appreciation in long-term Treasury bonds, which have been a favorite of mine since 1981."
Najarian: 'Completely Out of Everything'
With the likelihood that the U.S. will go over the so-called "fiscal cliff," OptionMonster's Jon Najarian said he has exited all his positions. "For the first time in 31 years in the market, I'm completely out of everything," he said. "I see no reason to stick with this thing – no reason to get short, either."
A Tour of Warren Buffett's Office
The famed investor and chairman of Berkshire Hathaway took CNNMoney on a tour of his office. What they found might surprise you.
Ackman on Herbalife: Highest Conviction I've Ever Had
Bill Ackman, CEO of Pershing Square Capital Management, spoke on Bloomberg Television about his massive short position in Herbalife and said that "this is the highest conviction I have ever had about any investment I have ever made, full stop."
Ackman also said, "We welcome them suing us" and "I think short selling is a very noble thing."
In The News
 | Apple to Release Something Never Thought Up? Telsey Advisory Group's Tom Forte discusses what he expects from Apple in 2013. |
 | Did Tim Cook Really Get a 99% Pay Cut? Apple CEO Tim Cook made a lot less in 2012 than the year |
 | Home-Price Rise Sets Up Positive 2013? U.S. home prices slipped in October from a month earlier amid expected seasonal |
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