CNBC Stock Blog
- Why You Should Play the Reflation Trade: Stock Picker
- S&P to Hit 1,200 by Year-End: Chief Investor
- 5 Big Bank Stocks Investors Should Consider: Strategists
- My 2010 Home Price Outlook: UBS Analyst
- Why Are Options Piling into Dollar Tree?
- Markets Can Rise 5-10% in the Near-Term: Strategist
- Buy These 'Competitively Positioned' Stocks: Portfolio Manager
- 5 Stocks That Benefit from Health Care Legislation: Analysts
- 9 Stocks That Play Rising Water Costs: Strategists
- Gold Prices Can Double in 3 Years: Portfolio Manager
MOST SHARED
- The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed
- Citi Mortgage Reveals What Treasury Won't
- Wednesday's Economic News Crunch Could Tilt Markets
- NBA D-League On The Rise
- Trading Block
- Amended Berkshire Hathaway Filing Indicates No Secret Stock Stakes at End of Q3
- Japan Export Rebound Eases Fear of New Recession
- Australia Wheat Exporters Face Challenges: GrainCorp
- Australia's Economy Upswing to Last Years: Central Banker
- The Social Media Gaming Threat
- Citi Mortgage Reveals What Treasury Won't
- S&P to Hit 1,200 by Year-End: Chief Investor
- Amended Berkshire Hathaway Filing Indicates No Secret Stock Stakes at End of Q3
- Facebook's Biggest-Ever Holiday Shopping Season
- Facebook's New Dual Class Structure - Slow Steps to an IPO
- 5 Big Bank Stocks Investors Should Consider: Strategists
- Gambling Drunk, Texting to Live And America's On Sale - Your Emails
- Nov. 24: Unusual Volume Leaders
- NBA D-League On The Rise
- Wednesday's Economic News Crunch Could Tilt Markets
- Call Me Crazy: Confessions of a Black Friday Shopper
- US Firms Hit by Payroll Taxes at Exactly the Wrong Time
- Citi Mortgage Reveals Something the US Treasury Won't
- Fed Sanguine About US Recovery, Worried on Jobs
- Amended Berkshire Filing Reveals No 'Secret' Holdings
- In Time for Holidays: More Gloom and Doom on Economy
- Holiday Guide to This Season's Smartphones
- Market Pros Reveal Top Black Friday Trades
RSS FEED
Text Size 
CNBC News Associate
Stocks retreated Monday, led by financials, as the dollar rebounded and Dutch bank ING announced plans to split in two. Greg Merlino, president and founder of Ameriway Financial Services, and Lawrence Glazer, managing director at Mayflower Advisors, shared their market insights.
“The consumer is back and beginning to participate in the economy,” Glazer told CNBC.
“In the short run, that’s driven by policies for stimulus, cash for clunkers, homebuyer credit and that’s positive going into the all-important retail holiday season."
"However, in the long run, we do need to see unemployment come down and energy prices stay in check for consumers to continue to participate—and those headwinds do remain, longer term.”
Glazer said dividends are “very underappreciated” in this market and told investors to look into Verizon Communications [VZ
Loading...
()
].
He also likes iShares Dow Jones Select Dividend Index[DVY
Loading...
()
], iShares Barclays TIPS Bond [TIP
Loading...
()
] and PowerShares VRDO Tax-Free Weekly [PVI
Loading...
()
].
In the meantime, Merlino told investors not to focus on the housing and unemployment numbers.
CNBC Data Pages:
“Those two things are lagging indicators and unfortunately, investors focus on those headline topics,” he said. “This economy is starting to improve, things look a lot better than a lot of people anticipated and I think the market has quite a bit on the upside.”
Merlino said he likes the large-cap technology areas and told investors to look into Google [GOOG
Loading...
()
].
______________________________
CNBC Slideshows:
______________________________
______________________________
Disclosures:
No immediate information was available for Glazer or Merlino.
______________________________
Data is a real-time snapshot *Data is delayed at least 15 minutes