JeeYeon Park is a writer for CNBC.com.
Douglas Roberts, founder and chief investment strategist at ChannelCapitalResearch.com and Mike Williams, founder and managing partner at Genesis Asset Management shared their opposing market views and advised investors on where they should put their money.
Stocks opened slightly higher on Thursday after a report showed jobless claims fell last week. Meanwhile, nonfarm productivity rose 1.6 percent in the first quarter, compared to the initial estimate of 0.8 percent and the 0.6 percent drop in the fourth quarter. Read and listen to what experts had to say…
We see an inflation 3 to 5 years down the road and investors should stay relatively close to the front end of the yield curve where the bond prices are protected by the Fed position of low Fed funds and interest rates, said Bill Gross, co-CIO and founder of Pimco.
Joy Global will face volatility in the short term but it is a buy-rated stock in the long term, said Charles Brady, analyst at BMO Capital Markets.