Invesco's Hooper: Rates will determine the market's ability to reach new highs
Money Life with Chuck Jaffe - A podcast by Chuck Jaffe
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Kristina Hooper, chief global market strategist at Invesco, said that while the domestic market is overpriced relative to historical prices, while international markets are underpriced, a condition which suggests that investors might want to seek more opportunities even as they ride the current long bull market out. Hooper noted that cuts to interest rates will likely determine just how long the market can avoid a real downturn, but she noted that most of the signs remain positive heading into the presidential election year. Also on the show, Rupal Bhansali of Ariel Investments talks about 'non-consensus investing,' the subject of her new book, Jake Falcon and Joe Klein of HighTower Advisors discuss the sector rotation they see coming in the fourth quarter of 2019, and Chuck answers a listener's question about rewards credit cards.