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CNBC News Associate
Two experts, Stephen Mauzy at S.P. Mauzy & Associates and Mike Rubino of Rubino Financial shared their outlook on the economy and where investors should put their money.
“I think it’s a matter of us taking some time off and things will work themselves out,” Mauzy told CNBC. “And they are working themselves out. We’re moving ahead.” (See below for Mauzy's stock recommendations.)
However, Rubino said he’s not so optimistic.
“Long term, we’re in for a lot of trouble,” he said. “I think we’re going to have a nice little bounce and it will continue through the rest of the year. And then mortgages, credit cards are going to come back into the picture and create a lot of problems.”
Despite his outlook, Rubino still recommended the following:
Rubino Recommends:
iShares MSCI-Emerging Markets Fund [EEM
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iShares S&P 600 [IJR
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iShares DJ US Engy [IYE
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Rubino Dislikes:
iShares Barclays 7-10 [IEF
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iShares FTSE NAREIT MTG [REM
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SPDR S&P Homebuilders ETF [XHB
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Mauzy Recommends:
Pearson [PSO
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DuPont [DD
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Leggett & Platt [LEG
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Disclosure:
No immediate information was available for Mauzy or Rubino.
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