Leuthold's Opsal: Totally neutral, yet still optimistic
Money Life with Chuck Jaffe - A podcast by Chuck Jaffe
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Scott Opsal, director of research at Leuthold Weeden Capital Management, said that his firm's measure of the market and its potential direction is, for the first time, dead neutral and not leaning in any way, but he noted that 'It's a good period for the business world' and there's not much out there that would bring the market down for any significant length of time. Thus, despite having no inkling about where the market might go next, Opsal believes the long-term direction remains up. Also on the show, Peter Land and Ruth Gretz of HighTower Advisors discuss the non-financial elements of long-term planning, Ted Rossman of CreditCards.com talks about the taboo subject of debt, and Todd Rosenbluth of CFRA Research covers funds and ETFs in the Market Call.