CNBC's Steve Liesman, and financial expert Chris Hogan, debate whether going into debt can be a good thing for consumers and the economy.» Read More
Despite ongoing sovereign debt issues in the euro zone and the US, and fears of a double dip recession in the developed world, equities are undervalued and investors should consider building their exposure to them, according to Edmund Shing, head of European equity strategy at Barclays Capital.
CNBC's Rick Santelli has the data on August's Chicago PMI, the lowest number since November 2009.
Erik Ogard, Director, Client Investment Strategies at Russell Investments urges investors to remain patient, and calmly wait for the market to stabilize.
"We have been seeing growth coming down for some time already. We are probably going into negative territory around spring of next year; it is not for certain, but that is the most likely scenario," Roger Nightingale, strategist at RDN Associates, told CNBC.
"It reminds [Bernanke's speech] me of the movie airplane in the scene where one of the gates agents is saying 'don't panic don't panic' where all the passengers are running towards the exits. I think his primary job as Fed chief is just to be calm and to try and reassure markets. The story is kinda wearing thin, the vaudeville act, no-one's really buying it," Andrew Schiff, investment consultant at Euro Pacific Capital told CNBC. "The markets were expecting some kind of QE3 announcement today, they didn't get it but what they did get....was the extended meeting of the Fed in September and maybe they will get some grand QE3 strategy announcement in September."
UK households saw their finances deteriorate faster than during the height of the recession in 2009 in August, a survey showed on Monday, in a sign that the economic recovery remains fragile in the country as prices rise and incomes fall.
Jennifer Davis, Analyst, Equity Research - Retail at Lazard Capital Markets is upbeat about Limited Brands. She feels the retail giant could be furthering expansion plans.
Despite demand for gold falling to 17 percent in the second quarter compared to the same period in 2010, the World Gold Council says that full-year demand will increase because of a rush to safe haven assets as market volatility has ramped up.
"The environment for food retailing is pretty good in Australia at the moment. We are attracting around two million more customers into our stores every week," Richard Goyder, chief executive at Wesfarmers, told CNBC.
"We have had a lot of volatility on the retail sales data because of the Royal Wedding and the number of public holidays. The June data was quite positive, so I think a small increase again in July is an encouraging sign," Stephane Deo, head of european economic research at UBS, told CNBC.
Insight on a flat day on Wall Street as investors are getting a break from extreme volatility, with Mort Zuckerman, U.S. News & World Report, and Brian Kelly, Brian Kelly Capital.
The Obama administration has focused on quick fixes that have done little to fix the intractable problems facing the U.S. economy, Stamford Economics Professor Edward Lazear told CNBC Wednesday.
Worried about managing your portfolio in these volatile time? John Hailer, Natixis Global Asset Management president/CEO says investors need to be diversified and budget risk. Insight on how to navigate the markets, with Byron Wien, Blackstone Advisory Partners vice chairman.
Paul Gambles, Managing Partner at MBMG International is convinced that there will be more periods of market volatility going forward. The worst is not over, he says.
Caterpillar CEO Doug Oberhelman said if President Barack Obama is serious about job creation, he should start with getting free-trade agreements signed with Panama, Colombia, and South Korea.
Larry Mocha, Air Power Systems Company; Elizabeth Lunney, ABC Language Exchange, and Elizabeth Charnock, Cataphora, discuss the state of small business owners in America today.
John Browne, Euro Pacific Capital, and Dan Greenhaus, BTIG, discuss where the economy is headed after consumer sentiment posted its lowest reading in 30 years Friday.
Discussing President Obama's meeting with CEOs, and the best ways to play the volatility, with CNBC's Eamon Javers; Craig Columbus, Advanced Equities Asset Management; Robert Pavlik, Banyan Partners; and CNBC's Ron Insana.
We have all the technical conditions for a [market] bounce,Riccardo Ronco, technical analyst at Aviate Global. But he added that the bounce would be short term in nature and that longer term volatility would remain throughout August until a more robust bounce was seen at the end of the month.
Gary Pinge, Regional Head of Consumer & Gaming Research at Macquarie Securities retains his underperform view on Li & Fung due to higher than anticipated cost pressures.