Smart investments lie in those companies that are boosting market share, creating healthy balance sheets, and taking advantage of price leadership, according to Javelin Wealth Management CEO Stephen Davies.
The U.S. economy could face a double-dip recession next year, in the absence of stimulus measures and extended incentive programs, Kirby Daley, senior strategist at Newedge Group, said Monday.
Global stocks rose and the dollar fell on Monday after the Group of 20 pledged to keep stimulus in place until recovery was assured. But experts told CNBC gold is still king and the dollar will be on the defensive as more investors look towards currencies such as the Australian dollar.
The current market rally will stop in the next few days, a correction of at least 3 weeks will follow, but stocks will rebound and finish high in 2010, independent trader Bill McLaren said Friday.
Global stocks were mostly higher Friday ahead of the U.S. jobs report for October. But experts told CNBC they are skeptical of the current stock rally and see a bubble forming in all asset classes.
The U.S. commercial real estate market, slammed by the credit squeeze and recession, is likely to hit bottom in 2010, according to a survey of industry investors, developers, lenders and consultants.
Global stocks were in the green on Wednesday ahead of the Federal Open Monetary Committee's interest-rate announcement. Economists expect the U.S. central bank to keep interest rates low "for an extended period," even as the economy shows signs of improving.
Newly empowered by the Supreme Court, the attorneys general of several states hit hard by the housing collapse are exploring consumer fraud suits against major mortgage lenders.
Global stocks were down sharply Tuesday as investors continued to fret over the early removal of government stimulus, particularly in the financial sector. Experts told CNBC the yen remains the favorite among the carry trades.
Global stocks were mostly lower on Monday, sticking close to one-month lows as news of CIT Group finally filed for bankruptcy underscored the continuing fragility of parts of the financial sector. Experts told CNBC safe-haven trading is back – for now.