Morgan Creek's Yusko: 'In the US, we are as overvalued as we have ever seen'

Money Life with Chuck Jaffe - A podcast by Chuck Jaffe

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Mark Yusko, chief investment officer at Morgan Creek Asset Management, said in the Market Call that while he is nto expecting a bear market in short order, he does see trouble ahead for the domestic markets, noting that his metrics show large-cap stocks as being 84 percent overvalued. With that in mind, he expects 'bad things to happen' domestically, even as he finds some global valuations appealing. Also ont eh show, Jason Reposa of MyBankTracker.com discusses America's problem with car-loan delinquiencies, Trevor Neilson of i(x) Investments talks about a new type of social and impact investing, and David Trainer covers companies with misleading returns on invested capital in the Danger Zone.