Steven Leuthold, chairman of Leuthold Weeden Capital Management, talks with Bloomberg’s Betty Liu about the prospects for a market correction. He has turned more cautious on the market, but still believes we are in a new cyclical bull market. Leuthold was famously bearish heading into the downturn and proved prescient when he turned bullish near the bottom. He says the market will be much more challenging in 2010 and says the second half has the potential to see a sizable downturn.
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.