×

Why Stock Market Volatility Is Coming

Stock markets around the world are ahead of the economy, said Yuwa Hedrick-Wong, economic advisor at MasterCard Worldwide. He shared his market strategies.

“At the moment, equities everywhere—especially in Europe and to a lesser extent, U.S—is way ahead of what we can see in the real economy in terms of job creation, income growth and so forth,” Hedrick-Wong told CNBC.

“I think we’re going into a period of volatility and a lot of ups and downs, as investors are finding it difficult to make up their minds as conflicting data will continue to come out,” he continued.

Hedrick-Wong said he expects lower household income, rising taxes in many regions of the world and shrinking global trade.

“Global trade from that point of view will continue to be a lot more acrimonious and China is taking market share away from many other exporters in a shrinking global pie, so we’re going to see a lot of headwinds,” he warned.

  • Watch Hedrick-Wong's Previous Appearance on CNBC (Jan. 27, 2010)

______________________________
Market Point/Counterpoint:

______________________________
CNBC Data Pages:

______________________________
CNBC Slideshows:

______________________________

______________________________
CNBC's Companies in the News:

Bank of America

  • BofA to Start Reducing Mortgage Principal

JPMorgan

  • JPMorgan Near Tax Refund Deal with FDIC: Report

Coca-Cola

Pepsi

Dr. Pepper Snapple

______________________________
Disclosures:

No immediate infomraiton was available for Hedrick-Wong or his firm.

______________________________

Disclaimer