Global stocks are set to end their worst year ever since the Great Depression on Wednesday. After such a turbulent year, investors are hoping 2009 will be better. Experts tell CNBC where they see value for next year.
Managed Futures: The Way to Go in 2009?
Managed futures will certainly continue to make money in 2009 as the market environment for using this investment vehicle is "definitely right", says Johann Santer, MD at Superfund Financial.
Stocks Are a Waste of Money
Investors who say that stocks are their top trades in 2009 do not really understand what is happening in the global economy, says Jim Walker, founder and CEO of Asianomics. He tells CNBC that they are wasting their money.
Avoid Financials for Now
Johann Santer, managing director at Superfund Financial will not be putting his money into financial stocks at the moment. He explains his negative outlook on this sector.
Gold & Swissie Good Bets for ‘09
Gold and cash in Swiss francs are the places to be going into 2009, according to Chris Locke, MD at Oystertrade.com Management. He sees a strong uptrend for the precious metal, sending it to $1,250 by 2010.
Locke also sees a broad sideways trading range for the S&P 500 index in 2009 and the Swiss franc being the safe haven currency of choice going into next year.
Locke told CNBC people should avoid investing in the UK pound next year as there is more bad news to come out of the UK.
Good to Hold Gold
It is good to hold physical gold as a portion of your portfolio, says Johann Santer, managing director at Superfund Financial.
Signs of Recovery Seen in H2 of '09
By the second-half of 2009, we will begin to see signs of better data coming out from the U.S. and Asia, predicts Hans Redeker, global head of forex strategy at BNP Paribas. He tells CNBC how this will help the market.
US May Get Out of Recession Before Euro Zone
There is a chance that the U.S. economy will come out of the recession before the Eurozone due to the Fed's aggressive actions, says Lee Wai Tuck, currency markets strategist at Forecast.
Central Banks are "Pillaging" Savers' Accounts
Central banks are pillaging savers' accounts when interest rates are cut down to zero, says Jim Walker, founder and CEO of Asianomics. As a result, he tells CNBC that people will save more in order to safeguard their future.
This Time, Things are Different for Asia
The current slowdown in Asia is an induced by the slowdown in the West, very different from what happened in the late 1990s, says Luca Silipo, chief economist for Asia Pacific at Natixis.