Markus Schomer, Chief Economist, Pinebridge Investments, says the improvement in global economic data will probably lead to another good run in equities next year.» Read More
So far, nearly 20% of the S&P 500 has reported and 78% of those companies have beaten estimates—but stocks ignored the positives this week.
Taxing and bashing banks is no way to run an economic recovery plan. Sure, banks made mistakes. And I still believe that no bank bonuses should be paid while the banks were under TARP. But they have paid TARP down. Right now we need the banks to service customers and expand loans when economic recovery moves into the credit-demand, loan-demand phase.
After a stunning loss in the Massachusetts Senate race and loss of the critical 60-40 split in the US Senate, President Barack Obama did not wait long to change tactics and go on the offensive.
Interventions in the market will bring about unintended consequences, the author of the "Gloom, Boom & Doom Report" said. He also weighs in on the dollar, stocks and gold.
Global stocks dipped on Friday, with financials stocks getting hit after President Obama proposed sweeping restrictions on banks. Experts told CNBC how to invest while the global economy slowly recovers.
Defaults on sovereign debt are likely to proliferate in the next crisis, Marc Faber, guest host for "Squawk Box Europe" and author of the "Gloom, Boom & Doom Report" said.
Introducing legislation separating investment banks from commercial banks would be a "boon" for shareholders, despite banks' opposition, Richard Bove, banking analyst at Rochdale Securities, told CNBC Thursday.
Developed and emerging stock markets diverged on Thursday with the latter falling on worries China will take more measures to temper growth after reporting its fastest quarterly growth in two years.
If you Google ‘cause and effect’ you come up with a list of millions. It’s a complicated subject, and the relationship between the cause and effect on the Google price chart is just as complicated. It's convenient to associate the recent price pullback with Google’s current dispute with China. However, a closer look at its stock chart would reveal other factors at play.
Global stocks were lower on Wednesday after reports of bank lending restrictions in China, while the euro hit a five-month low against the dollar as concerns about Greece's fiscal problems nagged investors.
Global stocks were lower on Tuesday as investors waited for a wave of U.S. earnings reports to give them a feel of how well the micro side of the global economic recovery is faring.
The recovery won't be bolstered by the consumer, like in previous recessions. Instead demand will come from a build-up of low inventories and large companies' exposure to emerging market growth, Edith Thouin, vice president of ABN Amro Private Banking said Monday.
Chinese stocks have become too expensive and are need of a pause at current levels or a "substantial pullback" to make them better value, Robin Griffiths, technical strategist at Cazenove Capital, told CNBC Monday.
Global stocks were firmer on Monday as metal prices rose on strong Chinese demand hopes. But crude prices were weak as renewed concerns about energy demand prompted investors to sell down their positions.
The financial crisis is likely to lead to food shortages in a few years because the agriculture sector is in dire need of funds, legendary investor Jim Rogers told CNBC Friday.
Investors looking to go against the Wall Street grain should look to companies that are in the midst of change, Beth Lilly, portfolio manager at Gamco Woodland Small-Cap Value Fund, told CNBC Thursday.
Global stocks rose on Thursday as investors moved past concerns about weakening demand from China and increased their exposure to risk in bets on a global upturn. Experts told CNBC that although volatility will persist, markets will trend up this year and advised investors to buy on the dips.
Chip bellwether Intel kicks off tech sector earnings on Thursday, and analysts expect the chip maker to once again, surpass Wall Street's estimates.
The bulls' time has run out as investors start to realize the global economy has a structural problem after bad news such as Societe Generale's profit warning and Friday's US jobs data, David Bloom, head of foreign exchange strategy at HSBC, told CNBC Wednesday.