Go Symbol Lookup
Loading...

Pros Say: The 4 Huge Financials Dangers of '09

 Text Size  
Published: Friday, 16 Jan 2009 | 4:47 AM ET
By: CNBC.com

Global stocks were up Thursday after the U.S. said it would support Bank of America's purchase of Merrill Lynch with a $20 billion investment by the government and a promise to protect against losses on bad loans, removing a risk for investors. Experts highlight four perils that will dominate 2009.

The Perils of 2009

There are four macro risks that governments and businesses face this year, according to Jacob Ramsay, analyst for South East Asia & Pacific at Control Risks.

Bearish on the US Economy

The U.S. economy should see a gradual recovery in the second-half of the year, says John Calverley, head of research, North America at Standard Chartered.

Monetary Stimulus -- The Best Thing to Do?

Printing money will be a deliberate strategy by the Federal Reserve to try to stimulate the economy, says John Calverley, head of research, North America at Standard Chartered. He also tells CNBC why he thinks monetary stimulus is the best thing to do.

U.S.'s Recovery is Vital to Asia

It is more important for the Asia region to see the success of Obama's stimulus package than that of Chinese policymakers, according to Dariusz Kowalczyk, chief investment strategist at SJS Markets.

Best Way Forward for Asian Economies

Asian governments must try to boost domestic demand and not try to lift exports by depreciating their currencies, warns Kelvin Lau, global research economist at Standard Chartered.

Euro May Test Low of $1.20 by Spring

The European Central Banks's reluctance to make aggressive rate cuts will be detrimental to the economy and the euro, says Dariusz Kowalczyk, chief investment strategist at SJS Markets. He tells CNBC that the euro-dollar may test the low $1.20 by spring.

Sell into Euro Rallies

The euro is a "sell" on any sort of rally as Jeffrey Halley, senior manager of FX trading at Saxo Capital Markets thinks it may retest its December lows. He explains his bearish outlook.

 Print
Global stocks were up Thursday after the U.S. said it would support Bank of America's purchase of Merrill Lynch with a $20 billion investment by the government and a promise to protect against losses on bad loans, removing a risk for investors. Experts highlight four perils that will dominate 2009.

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments:


                
            
            
        

Featured

Europe Video

  • European shares closed lower on Wednesday, as investors awaited a key policy statement by the Federal Reserve after its two-day meeting.

  • Sam Stovall, chief equity strategist at S&P Capital IQ, explains that markets expects Federal Reserve Chairman Ben Bernanke to say that tapering is not the same as tightening, and advises on how to invest.

  • Volker Treier, deputy chief executive at the German Chamber of Industry & Commerce, comments on Obama's Berlin speech, and its emphasis on shared values.