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The ECB president and his Executive Board recommended asset purchases of 50 billion euros a month until December 2016, according to two euro-area central-bank officials.
Doug Lockwood, vice president for shareholder education at American Century Investments in Kansas City, Mo., said his company's recommended asset allocation for moderate investors was now 30percentt bond funds, 60percentt stock funds and 10percentt cash or equivalents.
Where do you see the best investment opportunities? A. While this would all hinge on the risk profile of individuals, our recommended asset allocation is to modestly overweight stocks and underweight bonds for a balanced profile.
Mr. Wien's view comes despite the fact that gold, which was up 29.5 percent in 2010, was up an additional 20.7 percent at the end of October of this year, according to Mr. Wien's most recent report — nearly double the increase for real estate, the second-highest increase among Mr. Wien's recommended asset classes.
He compiles the recommended asset allocations of between 14 and 20 Wall Street strategists and then goes in a different direction.
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The C.I.A. agent who was meeting Asset X recommended that Asset X be paid a certain amount of money for his help, but the request was denied.
His firm is recommending an asset allocation of 75percentt in stocks.
Mr. Wolfe also recommends another asset often overlooked by yield-hungry investors: master limited partnerships contained within E.T.F.'s.
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