Money Life With Chuck Jaffe Daily Podcast

Dec Mullarkey, head of investment strategy at SLC Investments, says that the market’s earnings power is enough to keep pushing it forward, overcoming obstacles like increased tariff impacts and sticky inflation and leading to an optimistic outlook for next year  while acknowledging the headline risks that have investors’ attention, Mullarkey said that earnings growth could extend to small caps — particularly after government deregulation efforts take hold — to broaden out and extend the current run. David Trainer, president of New Constructs says a recent rally in shares of Snap Inc. doesn’t change bad fundamentals. While Trainer said the company has moved out of “zombie stock” status, it’s still dangerously overvalued and due to resume its fall. Charles Rotblut, editor at AAII Journal, discussed how the market at record levels and imminent rate cuts contributed to bullish sentiment jumping dramatically last week in the latest AAAII Sentiment Survey, with neutral feelings dropping to particularly low levels.