Global stocks took a breather from recent heavy declines Friday and one analyst told CNBC a turnaround could be due for the major indexes.

Citigroup could see its shares rally by 100 percent or sink to nothing, investor Marc Faber told CNBC Friday.

Despite continued woes in the U.S. economy, the greenback has seen an unexpected surge against currencies around the world As investors become ever more risk averse, emerging markets are bearing the brunt of a flight to safety.

A U.S. Senate subcommittee is opening a probe into causes of the global financial crisis, focusing in part on whether bond-ratings firms, driven by conflicts of interest, boosted mortgage investments which have since collapsed, the Wall Street Journal said.

One hundred and one. No, that's not Dalmatians but the number of stocks in the U.S. benchmark S&P 500 index now trading for less than $10 a share.

Investors determined to stay in stock markets should look to Europe over the US, but steer clear of emerging markets, Julius de Kempenaer, technical analyst from Talergroup, told CNBC.

Stocks were down heavily Thursday, following Wall Street's overnight selloff. The Dow Jones Industrial Average closed at a 5-1/2-year low, below 8,000, as a U.S. bailout of the auto industry appeared unlikely, spurring further economy fears. CNBC's experts believe the blue-chip index will fall a lot further before year end.

Stocks spent another day in the red Wednesday as prospects of a deep global recession continued to rattle investors. CNBC's experts question why gold's price has declined while demand for the precious metal, and typically safe-haven stock, has increased.

The economic turmoil is continuing to batter stock prices globally, but 2009 could start to peak investors' interest with the extremely oversold levels, one analyst told CNBC Tuesday. Below is a round up of what analysts and investment professionals think about the markets.

The S&P 500 has retested its lows seen in October, but a further decline from here would signal the bear market has much further to run, Robin Griffiths, technical strategist at Cazenove Capital, told CNBC.

Global stock markets began the week mixed Monday. Oil prices continued their fall toward $55 a barrel as Japan fell into a technical recession in the third quarter. But CNBC's experts say there will be a commodities super cycle in 2010, once the global economy recovers.

European and Asian stocks took strength from Wall Street's positive close in the previous session and rallied Friday. But one analyst told CNBC not to trust the turnaround. Below are the latest insights from analysts and investment professions from CNBC's programs:

Don't sweat hedge funds unwinding, avoid China plays, and take a look at debt ... that's what one legendary investor and short-seller is telling investors.

Asian markets were hit hard again on Thursday as gloom about the global economy deepened, sending oil to a 22-month low of $55 a barrel and gold near the $710-an-ounce level. But CNBC's experts believe these precious commodities could climb in the long term.

Investors should look to short-term bonds in General Electric, Royal Bank of Scotland and Daimler, Louis Gargour, chief investment officer from LNG Capital, told CNBC.