New jobless claims hit a 7-year high Thursday; and even strong companies look weaker in the future. But some strategists see hopeful market signs amid the chaos. CNBC canvassed economic and financial experts for their insights.
GE Volatility Sends Mixed Message
The implied volatility of options on shares of CNBC's parent company spiked on Wednesday. Options analyst Rebecca Darst said the spike could mean that GE's stock price has further to fall — or it could mean that shares are stabilizing.
BlackRock CEO Says Credit Markets May Have Bottomed
BlackRock Chairman & CEO Laurence Fink said housing valuation is the foundation of the economy, and the new administration will have to create demand by making housing more affordable. He likes NY Fed President Geithner or former Treasury Secretary Summers for the secretary's job.
Brief Relief From Dreadful Job Numbers
Jeoff Hall, Reuters IFR's chief economist, told Squawk Box he expects some mild improvement in the job picture in November, as Boeing workers go back to their jobs after a strike. The picture is likely to get much worse, though, in January and February.
Walmart Numbers: Outlook Not So Good
The world's largest retailer posted quarterly results that beat Wall Street estimates, but lowered guidance. Dana Telsey of Telsey Advisory Group said Walmart's future numbers depend in large part on what happens to the dollar against the world's other currencies.
TARP Confusion Trashed Wall Street
The Gartman Letter's Dennis Gartman said the program designed to help stabilize the banking system should stay out of the auto business. He blamed Wednesday's big Wall Street losses on confusion over the nature of the TARP.
BRIC Boom Could Be Built Of Straw
Hedge fund mogul Jim Chanos said he thinks hedge funds are taking too much of the blame for the meltdown, and warned that the infrastructure build-out in China and the other so-called BRIC countries could be dangerously overdone.
Bailout and Stimulus: The Wrong Way To Go?
"We're talking about going out and borrowing more money to take care of a problem that was originally created by too much borrowing." That's how South Carolina's Republican Governor Mark Sanford sized up the flaws in the government's attempts to stabilize the financial system.
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