Skip navigation

CNBC Stock Blog

RSS FEED

» Help

Current DateTime: 08:12:02 15 Nov 2009
LinksList Documentid: 30328029
Your Best Long-Term Investment Bets?
Published: Tuesday, 26 May 2009 | 3:20 PM ET
Text Size
By: JeeYeon Park
CNBC News Associate

There are a number of signs that the economy is strengthening, said Russ Koesterich, head of investment strategy at Barclays Global Investors.

“In addition to the consumer confidence numbers, we had in April leading economic indicators up 1 percent and the cash markets have been thawing in the last few months, so I agree that things are getting better and the economy is stabilizing,” Koesterich told CNBC.

“[However,] the risk of inflation in the next 3 to 5 years is much greater than deflation,” he said. He recommended the following for long-term investors.

Recommendations:

- Energy

- Commodity producing countries like Canada and Brazil — rather than the U.S.

Disclosure:

No immediate information was available for Koesterich or his firm.

______________________________

______________________________
Top Energy Companies:

ConocoPhillips [COP  Loading...      ()   ]

BP [BP  Loading...      ()   ]

ExxonMobil [XOM  Loading...      ()   ]

Chevron [CVX  Loading...      ()   ]

Royal Dutch Shell [RDS  Loading...      ()   ]

______________________________

Disclaimer

© 2009 CNBC.com
Add This share icon
Text Size
  • digg share
ADD COMMENTS
Remaining characters


Current DateTime: 01:02:03 15 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 01:02:04 15 Nov 2009
LinksList Documentid: 29779196

Current DateTime: 01:02:04 15 Nov 2009
LinksList Documentid: 29779199

Current DateTime: 01:02:04 15 Nov 2009
LinksList Documentid: 29779198
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
A Division of NBC Universal
Thomson ReutersThomson Reuters