- Markets Can Rise 5-10% in the Near-Term: Strategist
- Buy These 'Competitively Positioned' Stocks: Portfolio Manager
- 5 Stocks That Benefit from Health Care Legislation: Analysts
- 9 Stocks That Play Rising Water Costs: Strategists
- Gold Prices Can Double in 3 Years: Portfolio Manager
- Rally Could 'Have Some Legs in 2010': Market Strategist
- Expect a 'Square Root-Shaped' Recovery: Chief Investor
- HP to Feed on Enterprise Spending Next Year: Tech Analyst
- How Stock Investors Can Play Holiday Travel
- 3 Growth Opportunities in Tech: Analyst
MOST SHARED
- The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed
- US Home Prices Up 5th Month, 2nd Straight Quarter
- FDIC Fund Falls into The Red, Bair Urges Lending
- GM's Agreement to Sell Saab To Swedish Firm Falls Apart
- Weak Dollar Is Golden for Mining Companies
- Revised GDP Reading Puts Growth at 2.8%; Inflation Tame
- Wave of Debt Payments Facing US Government
- Buyers Look For Bargains At Luxury Condo Auction
- CA "More Profitable" After Saving Energy: CEO
- China Eastern to Complete Shanghai Air Buy by End '09
- Busch: The Debt-Interest Rate Paradox
- The Lloyd's Prayer, Leggo My Eggo, Plate Hate & Your Emails
- Buy These 'Competitively Positioned' Stocks: Portfolio Manager
- Behind The Scenes With Warren Buffett
- 'Why the American Consumer Will Keep on Buying No Matter What'
- On Assignment: Europe & Asia
- The L.A. Extravaganza: A Test for Auto Shows
- 8 Stocks That Could Gain With Rising GDP
- 5 Stocks That Benefit from Health Care Legislation: Analysts
- Consumer Confidence Improves But Still Shaky
- US Home Prices Up 5th Month, 2nd Straight Quarter
- Revised GDP Reading Puts Growth at 2.8%; Inflation Tame
- FDIC Fund Falls into The Red, Bair Urges Lending
- Ron Paul's Plan to Audit Fed a 'Serious Attack': Mishkin
- US Economy Mired in 'Form of Depression': Rosenberg
- Strong Banks, Weak Credit: Treasury Rethinks TARP
- Fairfax Lawsuit Keeps Heat on Chanos, SAC's Cohen
- Blog: Behind The Scenes With Warren Buffett
RSS FEED
CNBC Stock Blog
Text Size 
With most investors cowering in the face of a volatile market, now is a good time for investors to jump into deeply discounted stocks across all sectors, Ken Fisher, CEO of Fisher Investments, told "Squawk Box Europe" Thursday.
"People have had their pants scared off of them. Therefore they are running around basically naked," Fisher said.
"And when people are running around basically naked, they're not very rational, so you don't have to be very rational in the purchase process either, you can be broad spectrum and do it like a shotgun," he added.
Starting from March, almost all economic indicators in the U.S. have been stronger than expected, fuelling inflation fears. Fisher rejected talk of the U.S. going into a recession, saying the Dow Transports index – used to gauge the market's performance – was up for the year, indicating a recession was out of the way.
"The fact of the matter is GDP is up, it's not down," he said. "When U.S. and German GDP first quarter were announced, forecasts were for it to be down -- it was up."
RELATED LINKS
"The fact of the matter is we've had a correction," Fisher said. "People are scared to death and that's impacted pricing."
"That's a beautiful thing," he added.
Data is a real-time snapshot *Data is delayed at least 15 minutes