Money Life With Chuck Jaffe Daily Podcast

WisdomTree's Schwartz: More rate cuts will spur a broader rally

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Sinopsis

Jeremy Schwartz, global chief investment officer at WisdomTree, says he "would like the Fed to be lower," and says that rate cuts from the central bank will help to spur small-cap stocks starting to participate more in the rally. Schwartz likes the looks of international stocks, but particularly Japan, which has reached record highs and finally recaptured peaks first experienced decades ago, but which Shcwartz says is valued in a way that supports significant future growth. Schwartz, co-author of "Stocks for the Long Run," says that while short-term turmoil could send the market for a loop, it is positioned well to keep delivering decent long-term returns. Toni Turner, president of TrendStar Group, says it would "be normal and natural right now for this market to move down a little bit," because the market has reached and held highs, but she says that the technicals "are all beautiful right now," even if she is holding her breath a bit right now. Turner says that as along as the Standard & Poor's Index re