NEW YORK, Jan. 9, 2009 (GLOBE NEWSWIRE) -- In its latest issue, which hits newsstands Saturday, Jan. 10, Barron's releases the first installment in its annual Roundtable series, predicting there will be a paradigm shift as the U.S. transitions in 2009 to a nation of savers from a nation of spenders. As a result, economic growth will slow, and stock market gains will be muted for several years, although savvy stock pickers will find ample opportunities to profit.
The Barron's Roundtable includes 10 top money managers, market strategists and keen observers of the investment scene, who meet each January with the editors of Barron's to offer their investment forecasts for the year ahead, as well as their stock picks-and pans-for the new year. This year's Roundtable also covers the outlook for foreign economies and stock markets, commodities, currencies and bonds. Likewise, the Roundtable members offered their advice to the incoming Obama administration, which will inherit today's economic crisis.
"The insightful predictions provided by these trusted financial-industry leaders is critical at this juncture in history, when America is grappling with an economic crisis, a transition of power in Washington and two wars," said Edwin Finn, editor and president of Barron's Magazine.
The members of the 2009 Barron's Roundtable include:
* Scott Black, founder and president, Delphi Management * Abby Joseph Cohen, senior investment strategist and president, Global Markets Institute, Goldman Sachs * Marc Faber, managing director, Marc Faber Ltd. * Mario Gabelli, chairman, Gamco Investors Inc. * Bill Gross, founder and co-chief investment officer, PIMCO * Fred Hickey, editor, The High-Tech Strategist * Archie MacAllaster, chairman, MacAllaster, Pitfield, MacKay * Oscar Schafer, managing partner, O.S.S. Capital Management * Meryl Witmer, general partner, Eagle Capital Partners * Felix Zulauf, founder and president, Zulauf Asset Management
The first part of the Barron's Roundtable begins in the current issue, and the second and third installments will be published on Jan. 19 and Jan. 26. Barron's conducts telephone interviews with the Roundtable members in June to solicit their updated views and investment picks for the Mid-Year Roundtable.
Based on the Roundtable, Barron's hosts a very successful annual conference called The Art of Successful Investing, which will be held in New York on Oct. 19. The conference provides another platform for Roundtable members to come together and debate and discuss the financial issues facing our economy, in an exclusive setting of opinion leaders and influentials in the financial industry. For more information about the conference, please go to http://www.barronsmag.com/conferences.
About Barron's
Barron's (www.barrons.com) is America's premier financial magazine, renowned for its market-moving stories. Published by Dow Jones & Company since 1921, it reaches an influential audience of senior corporate decision makers, institutional investors, individual investors and financial professionals. With new content available every week in print and every business day online, Barron's provides readers with a comprehensive review of the market's recent activity, coupled with in-depth, sophisticated reports on what's likely to happen in the market in the days and weeks to come. As a result, Barron's is the financial information source these powerful people rely on for market information, ideas and insights they can use to increase their professional success and enhance their personal, financial well-being.
The Barron's logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2638