CNBC Stock Blog
- How Stock Investors Can Play Holiday Travel
- 3 Growth Opportunities in Tech: Analyst
- Prep Your Portfolio for Next Week: Stock Pickers
- Global Growth Good for Portfolio: Stock Picker
- Expect Tech Sector to Rise in Q4: Strategist
- Expect a 5-10% Market Pullback: Stock Picker
- 3 Stock Picks for This Volatile Environment: Portfolio Manager
- 3 Financial Stocks May Lead Final Rally: Market Researcher
- Gold's 'Money' Value is $4,000 to $11,000: Market Strategist
- Commercial Real Estate Bottom Near: Market Pro
MOST SHARED
- Nielsen Ratings Coming to Video Games
- US Wants China to Buy into Its Small Banks
- Confessions of a Black Friday Shopper
- 'New Moon' Midnight Showings Earn Record $26.3 Million
- Oil Next Week
- Time Lapse World Series Is A Great Play
- Nov. 20: Unusual Volume Leaders
- The Week Ahead
- Twilight, Inc., A Worldwide Craze
- Hershey Mulls $17 Billion Bid for Cadbury: Source
- How Stock Investors Can Play Holiday Travel
- Time Lapse World Series Is A Great Play
- Hirschhorn: Greed...or Fear
- My Top 10 Tech Toys for the Holidays
- iPhone a Better Gaming Platform Than Android?
- May Day For Dendreon
- 100% Mortgage Financing From USDA
- Holiday Tipping: Who And How Much
- Deep Discounts Should Make It a Very Tech-y Holiday
- Credit Markets on Edge About When Fed Will Raise Rates
- Bove: Expect Goldman To Increase Dividend Meaningfully
- Bullish Sign for Gold: Central Banks Are Big Buyers
- Victoria's Secret Hopes to Rekindle Desire for Lingerie
- High Roller Sues Harrah's for Lost Millions
- Wall Street Jobs Slow to Return Despite Record Profits
- Big Shareholders Ask Goldman to Cut Bonuses: Report
- Buying an Expensive House? Government Can Help
- Review: What It's Like to Drive the New Chevy Volt
RSS FEED
Text Size 
CNBC News Associate
The recent bounce in the U.S. dollar has gotten some investors to worry about the next move. David Kelly, chief market strategist at JPMorgan Funds, and Steven Stahler, president of Stahler Investment Group, shared their market outlooks.
“We should calm down about the dollar,” Kelly told CNBC.
“The dollar is not plunging—what’s it going to plunge against? I understand the issue over in Asia, but if you look at the yen, euro and sterling—those countries are growing slower than we are right now and they have bigger budgetary problems.”
Kelly said he expects the dollar to continue to come down, but relatively slowly.
“A slow decline in the dollar is okay—it’s helping our exports, our exports are growing rapidly,” he said. “That’s probably what we need to see.”
Kelly advised investors to be overweight stocks and underweight Treasurys, adding that the recovery is “for real.”
Stahler agreed that a falling dollar is beneficial for exports.
“We need to see a lot more exports; however, I think foreign trade is looking at us to start buying from them,” he said. “They like to export a little, so the world wants to see our dollar stronger.”
Stahler added that he expects that economic recovery to be slow.
Stahler Likes:
S&P Energy
DJ REIT Index
Kelly Likes:
S&P Technology
S&P Consumer Discretionary
______________________________
More Market Opinions:
- US 'Actively Working' on Weaker Dollar: Manager
- Art Cashin: Why Markets Face Huge 1-Day Swings
- 14 Stocks that Could Gain from Dollar's Decline
______________________________
CNBC Data Pages:
______________________________
CNBC Slideshows:
______________________________
______________________________
Top Energy Firms:
ExxonMobil [XOM
Loading...
()
]
Chevron [CVX
Loading...
()
]
Constellation Energy [CEG
Loading...
()
]
American Electric Power [AEP
Loading...
()
]
NRG Energy [NRG
Loading...
()
]
______________________________
Disclosures:
No immediate information was available for Kelly or Stahler.
______________________________
Data is a real-time snapshot *Data is delayed at least 15 minutes