Market Tips: Bearish Sentiment to Lift by September

Tuesday, 7 Jul 2009 | 8:04 AM ET

Global stocks were mixed Tuesday as doubts persisted over how sustainable a global economic recovery would be. Experts tell CNBC that while markets may be lower now, they will pick up again by September.

Bearish Sentiment to Stay For Awhile

The bearish sentiment currently plaguing the global markets should lift by September, believes Clem Chambers, CEO of ADVFN.

Shanghai Composite Will Test 3,000 Level

Daryl Guppy, CEO of Guppytraders.com says the Shanghai market is due for a pullback and will test the 3,000 support level.

India's Budget Negative for Stocks

India's new budget is a negative for its equity market, says Peter Redward, head of research for emerging markets, Asia at Barclays Capital.

Cashing In on IPOs

John Bugg, portfolio manager at Macquarie Asset Management sees global IPO activity picking up. He states the case for buying into IPO funds, saying investors will have better access to listings in general.

Oil Prices May Fall as Low as $58 in Near Term

Crude prices could falter a little further, says John Licata, chief investment strategist at Blue Phoenix. He tells CNBC why oil prices could test $58-62 per barrel in the near term.

No Recovery For At Least 12 Months

An economic recovery will not be seen for at least 12 months, says Puru Saxena, money manager and CEO of Puru Saxena Wealth Management. He tells CNBC why the rally we've seen is based on the wrong premises.

Economic Recovery Stalling?

The worst of the economic crisis seems to be over, but the recovery could now be stalling, Chris Price from LV= Asset Management told CNBC. Investors should remain defensive, he added.

Stocks Likely Heading Lower

Investors should remain wary over the next month as the stock market is more likely to go down than up during earnings season, Nick Parsons from National Australia Bank told CNBC.


Contact Europe News


    Get the best of CNBC in your inbox

    › Learn More

Europe Video

  • Martin Schulz, senior economist at Fujitsu Research Institute, says the U.S. and Japan need to strengthen their economic relations and that the Trans-Pacific Partnership will be the main issue of this visit.

  • David Tinsley, U.K. economist at BNP Paribas, discusses the minutes of the Bank of England's rate-setting meeting and says that, with unemployment falling, these get-togethers could get "more interesting" and "fractured."

  • Fraser Howie, director at Newedge Singapore, says the PMI data reveals China is "in a bit of a rut" and that the government has a "horrible problem" as it can't bring out too much stimulus.