Global stocks could finish the week in the green Friday after the Democrats' announcement of a $825 billion plan to support the economy and the Senate's decision to release the remaining $350 billion of the TARP fund. But experts on CNBC don't see global markets recovering in the near term.
Don't Expect a Market Recovery in '09
It is unlikely that the markets will pick up in the second-half of 2009, says Vasu Menon, VP of group wealth management at OCBC Bank. He tells CNBC why he thinks a recovery can only be seen in 2010.
Look Beyond the Short-Term
Given historically high dividend yields and cheap valuations, investors need to look beyond the short-term when picking stocks, says Shane Oliver, head of investment strategy & chief economist at AMP Capital Investors.
Start Looking for Opportunities Now
Now is the time to take advantage of attractive valuations and adopt a 1-3 year time horizon, says Norman Villamin, head of research & strategy for investments at Citi Global Wealth Management. He reveals his sector picks in this installment of "Protect Your Wealth".
Credit -- Still a Good Bet if Yield Curve Steepens?
Investment-grade credit looks very attractive to Richard Urwin, MD & head of asset allocation & economics research team at BlackRock. But what happens if the yield curve steepens by year-end?