January 7, 2007
Get TranscriptsTaking stock of your world with life coach Siobhan Murphy
Murphy on engaging your imagination to help achieve goals:
"There have been a lot of studies in contemporary neuroscience
that say that the brain can't tell the difference between the real and a
vividly imagined event. So you...think about the end state--what
would it be like at the end, you know, what would it be like, feel like, sound
like, engaging all the senses and really imagining so you bring in that power
of the imagination to help you reach your goal."
Investment Strategist Byron Wien's Surprises for 2007
Maria talks with Byron about his Surprises for 2007, including his bold calls on the market, oil, China and more.
Wien on Presidential Politics in 2007:
"The leaders right now are McCain and Hillary Clinton. At this point in the race, very often the front-runners lose momentum. I think the American people are looking for something very different in their candidates for 2008, and if I'm right and the terrorist threat, not necessarily a terrorist event, but the threat heats up and the disillusionment with politics continues, I think Giuliani and Obama will be the candidates."
Maria talks with Byron about his Surprises for 2007, including his bold calls on the market, oil, China and more.
Wien on Presidential Politics in 2007:
"The leaders right now are McCain and Hillary Clinton. At this point in the race, very often the front-runners lose momentum. I think the American people are looking for something very different in their candidates for 2008, and if I'm right and the terrorist threat, not necessarily a terrorist event, but the threat heats up and the disillusionment with politics continues, I think Giuliani and Obama will be the candidates."
2007 Market Outlook with Barron's Michael Santoli & Morningstar's Christine Benz
Benz on investing in international funds:
"There has been an absolute stampede into the international funds. And I do think that's a healthy phenomenon, Maria, because the typical US investor is quite underexposed to foreign markets...I would focus on those funds that focus on the blue chip quality names, just as in the US. I'm seeing a potential rebound in those stocks. So one of my favorite international funds is Dodge & Cox International. This is kind of a no-nonsense international value-oriented fund, so these managers are looking for cheap stocks."
Santoli on the market ahead:
"We're up 17 percent on the Dow since the middle of July. By any stretch, that's a long time without a break. We're also entering the fifth year of a bull market. We haven't had a 10 percent pull back. It's the longest stretch without one of those. So I do think there's going to be some excuse to have a relatively severe pull back."
Benz on investing in international funds:"There has been an absolute stampede into the international funds. And I do think that's a healthy phenomenon, Maria, because the typical US investor is quite underexposed to foreign markets...I would focus on those funds that focus on the blue chip quality names, just as in the US. I'm seeing a potential rebound in those stocks. So one of my favorite international funds is Dodge & Cox International. This is kind of a no-nonsense international value-oriented fund, so these managers are looking for cheap stocks."
Santoli on the market ahead:
"We're up 17 percent on the Dow since the middle of July. By any stretch, that's a long time without a break. We're also entering the fifth year of a bull market. We haven't had a 10 percent pull back. It's the longest stretch without one of those. So I do think there's going to be some excuse to have a relatively severe pull back."