Janney's Luschini favors foreign over domestic stocks, value over growth

Mark Luschini, chief investment strategist at Janney Montgomery Scott, says market and economic conditions exiting the pandemic favor equity markets that are driven more by cyclical stocks -- which describes Europe, Japan and emerging markets -- which is why he thinks 2021 'may be the year for non-US equities to outperform domestic ...' Further, those same conditions have him favoring value stocks over growth, and he notes that the recent value rally should continue. Also on the show, Tom Lydon of ETFTrends.com makes a brand new fund run by a familiar name his ETF of the Week, and Todd Rosenbluth of CFRA Research talks mutual funds and ETFs in the Market Call.