CNBC Stock Blog
- 10 Dividend Picks For Your Portfolio: Chief Investors
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Retail Earnings and Sales to Improve in Q4: Analyst
- 4 Food Stocks to Stuff in Your Portfolio: Analyst
- S&P at 1050-1200 Trading Range Next Year: Strategist
- Art Cashin: Caution 'Growing' in Financials, Dividend Moves
- 3 Software Stock Picks from Lazard's Senior Analyst
- Investors Bet on a New Year's Rally For eBay
- Why You Should Play the Reflation Trade: Stock Picker
MOST SHARED
- Kuoni CEO Sees Recovery in Travel Sector
- US Markets Bracing for Selloff On Worries About Dubai's Debt
- Gold Retreats from Record High as Dollar Rebounds
- No Thanksgiving Rest for Retailers in Sales Race
- China Unveils Carbon Target Ahead of Copenhagen
- Fannie Mae to Tighten Lending Standards: Report
- Attraction of Switzerland to Businesses
- Dubai Struggles to Ease Debt Fears; Investors Rattled
- Great Britain, No Longer That Great: Investor
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Revenge of the Gangsta Nerds
- Will TCU See The "Flutie Effect?"
- Retail Earnings and Sales to Improve in Q4: Analyst
- Consumers Catching the Holiday Spirit
- It's Beginning To Look A Lot More Riskless
- Crescenzi: Claims Level Suggests End to Job Losses
- Hedge Funds Take Early Lead in Warren Buffett's 'Big Bet'
- US Markets Bracing for Selloff on Dubai Debt Worries
- US Dollar Falls to 14-Year Low Against the Yen
- ING Prices Share Issue at Hefty Discount
- No Thanksgiving Rest for Retailers in Sales Race
- UK's Darling to Downgrade 2009 Growth Forecast
- Tommy Hilfiger's Estate in Conn. Sells for $20 Million
- Cheap Robotic Hamsters Are Holiday's Unlikely Craze
- Almunia Set to Take Neelie Kroes' EU Competition Job
- Fannie Mae to Tighten Lending Standards: Report
RSS FEED
Text Size 
CNBC News Associate
Today marks the final day of the third quarter and stocks were tepid after manufacturing and jobs data. John Merrill, founder and CIO of Tanglewood Wealth Management and Bill Spiropoulos, CEO at CoreStates Capital Advisors told investors how to best prepare for the upcoming fourth quarter.
“There are positive economic surprises that are going to come in the rest of the fall,” Merrill told CNBC.
“That’s what the leading economic indicators and markets are telling us.”
Merrill said today’s positive feedback loop is a mirror image of the negative feedback loop during the fall and winter of last year.
“Better economic numbers lead to better corporate earnings outlook, which leads to rising corporate and bond prices which in turn improves balance sheets and more economic growth,” he said.
More Investor Intelligence:
Merrill is “overweight” Asia, saying the “rapid development” there and the rising middle class is going to be the engine of growth for the next decade.
He also likes high quality stocks such as P&G [PG
Loading...
()
], Nestle and Walgreens [WAG
Loading...
()
]. He said that although they’ve been laggards in the rally, that may change as the market progresses.
Spiropoulos said while the economy was dependent on consumers during the last two recessions, this time it will be supported by “good old fashioned corporate America and [U.S.] manufacturers.”
“We’re going to export, export, export good old fashioned American quality,” he added.
CNBC Data Pages:
______________________________
Disclosure:
No immediate information was available for Merrill or Spiropoulos.
______________________________
CNBC Slideshows:
______________________________
______________________________
Data is a real-time snapshot *Data is delayed at least 15 minutes