CNBC.com's News Now: Bear-Market Rally Dead Soon - Hedge Cash: Strategist

Click here to view today's top stories on your mobile device. Monday, Jun. 29, 2009     DOW 8529.38 90.99 +1.08%   NASDAQ 1844.06 5.84 +0.32%   S&P 927.23 8.33 +0.91%       NEWS MARKETS EARNINGS INVESTING VIDEO CNBC TV CNBC PLUS     WHAT YOU SHOULD KNOW Dow Rallies Over 1% as Oil Tops $71 Stocks rallied Monday as convicted Ponzi swindler Bernie Madoff received the maximum sentence and oil topped $71 a barrel... »read more Bear-Market Rally Dead Soon — Hedge Cash: Strategist Friday's stock gains were a fluke, according to Philippe Gijsels of Fortis Global Markets. He offered CNBC his market outlook through the next two quarters... »read more Madoff Gets 150 Years; White House Sees Strong Warning Bernard Madoff's sentence sends a strong signal to fraudsters and markets, the White House said... »read more TODAY'S TOP 5 VIDEOS 1. Madoff Hit with 150   A federal judge sentences Bernard Madoff to 150 years in prison. CNBC gets reaction from his victims 2. Ruth Madoff Speaks Out   Ruth Madoff makes a statement regarding her husband's conviction and 150-year prison sentence 3. Wilbur Ross on the Economy   Wilbur Ross, chairman and CEO of WL Ross & Co., shares his insight on the markets and the economy 4. Fixing the Mortgage Mess   The mortgage market remains in the spotlight amid the spate of loan modifications, foreclosures and rates that are rising off record lows. James Lockhart, director of the Federal Housing Finance Agency, shares his insight with CNBC. 5. Death of a Salesman  Billy Mays was known for his loud infomercial pitches, helping to rack up billions of dollars in sales, with Jeff Meltzer, Meltzer Media Productions and CNBC's Michelle Caruso-Cabrera.       TODAY'S TOP BLOG   The "New" Michael Jackson Fortune Yes, it's totally gruesome to think about how Michael Jackson's estate and others will benefit from the King of Pop's death, but it's inevitable. And in the days following Jackson's death more and more news is coming out about just how many ventures may benefit. Yes, AEG has to grapple with refunding some $85 million of concert tickets, and insurer Lloyd's of London will have to deal with the claims. But perhaps most striking is the sad, ironic fact that the King of Pop's death is sure to bolster his assets to compensate for his debts in life.»read more »See All CNBC.com Blogs     FIRST IN BUSINESS WORLDWIDE     (c)2009 CNBC Inc. All Rights Reserved 900 Sylvan Englewood Cliffs, NJ 07632

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