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After Bernanke Speech: What Should Investors Do?

Tuesday, 28 Nov 2006 | 3:59 PM ET

Fed Chairman Ben Bernanke spoke--but it seems few investors listened. Stocks drifted lower after his speech. So--what's the next move for investors in 2007? That's the question for two analysts on Closing Bell. Citigroup's Chief U.S. Equity Strategist and Managing Director, Tobias Levkovich is very bullish on the economy.

He doesn't think housing will break the economy. Levkovich sees buying opportunities in non-industrial cyclicals - such as semi-conductors and also in retail. What's his bottom line? A good environment for stocks.

Dean Maki is Chief U.S. Economist at Barclays Capital. He expects growth to pick up but agrees with the Fed Chairman that core inflation will remain elevated.

For the full story:

Afternoon Markets
Discussing the market's response to Bernanke's speech and the durable goods data, with Dean Maki, Barclays Chief U.S. Economist and Tobias Levkovich, Citigroup Chief U.S. Equity Strategist

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  • With almost 30 years experience in business television, Bill Griffeth is co-anchor of the 3 p.m. ET hour of CNBC's "Closing Bell."

  • Kelly Evans

    Kelly Evans is an on-air correspondent, reporting across CNBC's business day programming. She is co-anchor of CNBC's "Squawk on the Street."