With the U.S. in political and fiscal turmoil, Europe in recession and global growth slowing, now would be an easy time for investors to cash out and wait until things clear up. That's just what some are counting on.
"The fundamentals of the U.S. economy are improving, and we're about the only major economy you can say that about," said Rich Bernstein of Richard Bernstein Advisors.
CNBC's Gary Kaminsky shares his thoughts on where the markets are headed from here.
"I think what people still don't recognize is the fundamentals of the U.S. economy are improving," said Richard Bernstein, Richard Bernstein Advisors CEO, discussing why he is still bullish on the markets.
Bono voiced his concerns on the fiscal cliff during a discussion with the World Bank president yesterday. Mad Money host Jim Cramer says "Steve Jobs wanted Bono economically in his corner."
The "Squawk on the Street" team dissect this morning's top business news, including Wal-Mart under pressure after giving guidance below consensus; markets trying to recover from yesterday's selloff; and the president of McDonald's USA is leaving and Jeff Stratton will assume the position December 1.
"I think part of the market weakness you are seeing is lots of investors saying, this may be my last chance to sell things at the lower capital gains rate,' said Wilbur Ross, WL Ross & Co. chairman & CEO, explaining how he plans to navigate through choppy market waters.
"Balance doesn't mean you move one hundred percent to a bond portfolio," said Jonathan Baum, CEO of BNY Mellon Dreyfus, explaining why investors should add equities to their investments.
Global banks operating in London have been warned by the top UK bank supervisor that this year’s staff bonuses must reflect the mis-selling and market manipulation scandals that have damaged the sector in the past 12 months. The FT reports.
CNBC's Kelly Evans takes a look at what some of the biggest investors are buying and selling ahead of the opening bell.
Juergen Michels, chief euro zone economist at Citigroup, tells CNBC why signs of weakness in the area suggest the recession will worsen further.
The head of Spain’s biggest bank has made an impassioned plea for Europe to adopt a so-called union of its euro zone banks as an “essential” route out of the region’s crisis. The FT reports.
Spain will need no further austerity measures until the end of next year even though it will easily miss its deficit targets, the EU’s top economic official announced on Wednesday in the clearest sign yet Brussels is backing away from an austerity-focused crisis response. The FT reports.
The latest Investor's Business Daily poll shows economic optimism plunged 10 percent into pessimistic territory on the news of Obama's win. Forbes Magazine's executive editor Michael Ozanian, provides perspective.
President Obama met with CEOs today to discuss finding a solution to the fiscal cliff. Keith Boykin, Former Clinton White House aide; Steve Moore, Wall Street Journal; and David Webb, TeaParty365, offer insight.
Mad Money host Jim Cramer shares his final thoughts of the day.
Mad Money viewers share their top five holdings with Jim Cramer to see if their portfolio is diversified enough.
CVS Caremark beat the Street's estimates last week, but has it gotten the credit it deserves? Mad Money host Jim Cramer, shares his opinions.
GNC reported better-than-expected earnings, the stock went down, and Mad Money host Jim Cramer recommends you buy the stock.
Time is not on the side of the compromisers in Washington anymore, explains Mad Money host Jim Cramer.