Global markets were wobbly Thursday, hurt by uncertainty over a $14 billion rescue plan for U.S. automakers. In the midst of the increased market volatility, experts interviewed by CNBC advise investors to stay cautious and diversified to survive the bear market.
Remain diversified as there are no real certainties next year, says Stephen Gollop, CEO of Tyche, when asked for his single, best investing idea in this installation of "Protect Your Wealth".
Continue to Stay Cautious
Chris Low, chief economist from FTN Financial and David Kotok, chairman & CIO at Cumberland Advisors advise caution when investing.
Survivors in the Bear Market
We are probably in the biggest down cycle that we have seen in at least 10 years, says Jon Harris, MD & head of Asian equities research at BNP Paribas Securities. He tells CNBC what kind of companies will survive this crisis.
Who Would Buy 90-day T-bills at a Negative Yield?
It was probably a forced purchaser who bought 90-day T-bills at a negative yield in the U.S. overnight, according to David Kotok, chairman & CIO at Cumberland Advisors and Chris Low, chief economist from FTN Financial.
Rise in Oil Prices Unlikely to Last
The up-tick in oil prices is likely to be short-lived, predicts Vandana Hari, Asia news director for oil & gas at Platts.
Commodities May See a Small Rebound
Mark Hansen, director of trading at CPM Group expects to see a small rebound in commodity prices into the year-end.
Watching OPEC's Dec. Meeting
If OPEC leave oil production output unchanged at its meeting next week, oil prices could drop substantially, says Victor Shum, senior principal at Purvin & Gertz.
Steer Clear of Autos
Investors should steer clear of the U.S. auto sector until it has been restructured, Christian Gattiker-Ericsson from Julius Baer told CNBC.
Stocks Dependant on Auto Bailout
The auto bailout, "is what's going to make or break the near-term for this market environment. We're watching history unfold," Charles Lemonides from ValueWorks LLC told CNBC.