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The stock market may hit new lows this year or the next as the current rally has been largely caused by the money printed by central banks and fundamental problems remain unsolved, legendary investor Jim Rogers told CNBC Wednesday.
Emerging market stocks have diverged from Western stocks, according to Bob Parker, vice chairman of asset management at Credit Suisse.
The fall in asset prices brought on by the financial crisis has shrunk the size of sovereign wealth funds belonging to oil-rich countries and Asian exporters, the World Street Journal reported on Wednesday on its Web site.
Asian stocks faltered Wednesday while the Australian dollar and emerging market currencies slid, with investors reluctant to keep a near three-month rally in risky assets going without more good economic news.
Global stocks were higher Wednesday but trade was cautious as investors question the longevity of the recent rally. Experts tell CNBC that a market correction is due and how to prepare for it.
The next financial meltdown will be in the currency markets, as central banks around the world have been printing money, giving the appearance of massive government intervention to weaken their currencies, legendary investor Jim Rogers, chairman, Rogers Holdings, told CNBC Wednesday.
Jim Iuorio, director at TJM Institutional Services, and Bryan Piskorowski, managing director at Wachovia Securities, weighed in on the best places to invest now.
Investors can control risk factors by investing in managed ETFs, said Carrie Coghill Kuntz, president and co-founder of D.B. Root & Company.
China has outlined plans for revitalizing and restructuring its light industries and often loss-making petroleum refining sector, in the government's latest effort to help create jobs and boost economic growth.
Asian shares climbed to their highest level in seven months Tuesday on fresh hopes the global recession is easing, and oil hovered at six-month peaks as supply concerns helped buoy up prices.
Asian shares fell Monday as concerns about slumping corporate profits and the still-uncertain outlook for the global economy fueled a retreat from recent highs, keeping the safe-haven yen broadly higher.
Market experts Alan Gayle, senior investment strategist at RidgeWorth Capital Management, and Kevin Giddis, managing director at Morgan Keegan, each said the economy has bottomed — but it will take a while before a real turnaround.
Asian markets rose Friday as investors bought shares that stood to benefit the most from an expected global recovery, but still looked set to post their biggest weekly decline since March on worries equity markets have risen too far, too fast.
The risks of investing in the US seem as high as those for investing in certain emerging markets, particularly in the short term, Paul Ramscar, assistant director of private clients for Tyche in Hong Kong, told CNBC Thursday.
Asian markets were sharply lower Thursday as weak U.S. retail sales highlighted the long road to economic recovery, prompting profit-taking on winning bets in equities, higher-yielding currencies and commodities over the past two months.
Global stocks rose Wednesday as investors grew more optimistic about the global economy recovering. But experts interviewed on CNBC remain torn about whether this is a bear-market rally or a new bull market.
Asian stocks wobbled Wednesday with markets in Japan and South Korea finishing higher but Australia closing lower as investors bought back defensive sectors after a solid rally in the last few months left them wondering whether it would last.
The banking sector was one of the few sectors in the red Tuesday as investors remained cautious on the health of the system. Experts tell CNBC how to invest during the uncertainty.
Asian shares fell for a second consecutive session on Tuesday as some of the confidence that fuelled a recent rally was dampened by reports that highlighted the weakness in the global economy.
While Americans debate the use of so-called clean coal, China is mastering the application of the technology.