Global stocks were mixed Friday after the Dow's 2 percent gain overnight on better-than-expected U.S. GDP figures that showed the world's biggest economy exited recession in the third quarter.
Experts told CNBC that improving economic data will continue to boost the stocks. They warned investors to be careful when shorting the market, as the strength of the recovery is underestimated.
Markets Will Be Supported on Dips
Improving economic numbers will continue to support equities, and those who short the market may be caught a little behind the ball, says Grant Bowers, portfolio manager at Franklin U.S. Opportunities Fund.
Equities Will Outperform Bonds
Larry Kantor, global head of research at Barclays Capital, believes equities will outperform corporate credit.
Underestimating the Strength of a Recovery
People are underestimating the strength of the recovery, believes Larry Kantor, global head of research at Barclays Capital.
US Growth Will Continue
Growth will continue in the U.S., says Larry Kantor, global head of research at Barclays Capital, as the unemployment rate is seen trending down by end 2009.