Pros Say: Prepare for Depression & Deflation
Global stocks surged Monday with investors taking heart from a likely rescue plan for U.S. automakers and more government stimulus packages to reverse an economic decline. But experts tell CNBC that the slowdown is far from over.
Depression & Deflation on Their Way
Be prepared for depression and deflation, warns Bruno Verstraete, CEO of Nautilus Invest. He reveals the signs that will point to a recovery in the global economy.
Economy Woes Won't Go Away
The harsh reality of the economic situation will return to haunt investors in the new year and stocks might re-test lows, Dodge Dorland, chief investment officer at Landor Capital Management.
China Not a Miracle Economy
China is not a miracle economy destined for greatness, it is facing the same challenges as other countries, says Fraser Howie, author of "Privatizing China: Inside China's Stock Markets". He shares his views on the pressing changes needed in the fast-growing economy.
India Will Outperform in Asia
India has cut interest rates another 100 basis points and earmarked 200 billion Indian rupee more in fiscal spending. Sebastien Barbe, senior economist and strategist for Asia ex-Japan at Calyon Corporate & Investment Bank said the measures to shore up growth will benefit the country. He also explains why he believes India will be among the strongest performers in Asia.
Grim Economic Picture
John Horner, FX strategist at Deutsche Bank, paints a grim picture of the global economy and tells CNBC why things are poised to deteriorate further.
US Recovery Late Next Year
The recession in the US will last for three quarters next year and then the economy will show some signs of growth in the fourth quarter, predicted Trevor Williams, chief economist at Lloyds TSB Corporate Markets.