A group of the best-known names in the financial markets offered their outlooks for the U.S. and global economies during an online forum Tuesday, and it's fair to say overt optimism was in short supply.
The Web-based presentation, which covered several topics, including the fiscal cliff, Europe, China, jobs and corporate earnings, was led by John Mauldin of Mauldin Economics. Also taking part were Pimco's Mohamed El-Erian, Barry Ritholtz of The Big Picture blog and FusionIQ, economist Richard Yamarone from Bloomberg, economic consultant A. Gary Shilling, fixed-income expert James Bianco of Bianco Research and mortgage-industry executive Barry Habib.
Not surprisingly, the fiscal cliff, and the question of how meaningful it really is, opened the conversation, and aspects of it factored heavily throughout the talk, which was predicated on what investors should do now that the elections are over, President Obama has been re-elected and Congress is set. For his part, Mauldin indicated he'sRead More »from Post-Election Investing: Are Bonds the Best Bet?