- Dubai's Debt Woes Signal New Era for Creditors
- Next Week: Cash In Now Or Wait For A Santa Rally?
- Fed Audit Would Hurt Economic Prospects: Bernanke
- Dubai Stock Selloff May Bring Buying Opportunity
- Longer Lines, Fuller Carts This Black Friday
- Big US Banks May Be Forced to Raise Capital: Bove
- Bank of America Amends Pay for Senior Executives
- Dubai Fallout Is a Correction, Not Another Crisis: El-Erian
- Tiger Woods Out of Hospital After Accident
- U.S. Stocks Fall on Dubai Worries
- Black Friday at Best Buy
- Strategists on Dubai: Avoid 'Rash Moves' Now
- Longer Lines, Fuller Carts This Black Friday
- Dubai Stock Market Fear Has 'Legs': Dennis Gartman
- Obama's Emission Reduction Pledge Paints Future for Autos
- Is Super Bowl Halftime Act Too Old?
- Surprising Options Trades in TiVo Shares
- EA Sports Hopes to Pump Up Sales Through Pop-Up Locations
Text Size 
As the ongoing slump in the global economy sent national governments scrabbling for ways to prop up their countries’ future, CNBC asks if protectionist moves such as ‘buying American’ will really benefit the economy. One analyst said yes, for now, but the global economy could pay the price later.
The 'Buy American' Debate
“In the short term yes, if you restrict your purchases to American companies clearly that will lift up the US economy faster than if you allow them to import the equivalent goods,” Arjuna Mahendran, managing director at HSBC Private Bank, told CNBC.
“(But) the short term has to be traded off against the longer-term good of the global economy,” Mahendran said.
“You’re not going to see a resolution of this nationalistic fervour in the short term, but eventually I feel that better sense will prevail,” he added.
US Housing Market Recovery Likely in 2010
A recovery in the US housing market won't come until the end of 2009, or into 2010, predicts Mike Larson from Weiss Research, speaking to CNBC.
Strong Gold Demand a Phenomenon
The demand for gold is strong, saya Mark Hansen, director of Trading CPM Group. He tells CNBC that it is a phenomenon in the market.
Credit Market Will Lead Recovery
As the equity market is expected to be stuck in a trading range throughout the first-half, Norman Chan, chief investment officer of PCM Capital tells CNBC that he is banking on the credit market to lead the recovery.
Adopt Bottom-Up Stock Analysis
Pearlyn Wong, investment analyst at Bank Julius Baer urges investors to maximise on any incremental stock-price improvements. She discusses this in context of the BOJ's share buyout scheme.
Print
Email
- These four sectors will be the next to lead the market.
- Zhu Zhu Pets are this year's must-have toy, fetching $40 or more on eBay.
- From the why-didn’t-I-think-of-that file, we present Jason Sadler, a man whose job is wearing T-shirts.
- It may be the most unusual guide to business you'll read.
- Shopping for a gadget hound? The choices can be baffling. Here are a few that should be a hit.
- "The Who" will be the halftime act for Super Bowl XLIV on Feb. 7 in Miami. Is the NFL behind the times?
Data is a real-time snapshot *Data is delayed at least 15 minutes