Optimism for value stocks, small- and mid-caps, the broad market and more
Money Life with Chuck Jaffe - A podcast by Chuck Jaffe
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It's a festival of optimism on today's show, as all of the guests are bullish on the market, or at least the little part of the market where they make their living. Michael Roomberg of Miller/Howard High Income Equity sees value stocks -- already on a run -- finding their long-term footing again once the pandemic ends, Mike Dowdall of BMO Global Asset Management sees solid opportunities in a number of sectors and global locations as the economy recovers from its Covid-induced doldrums, Dan Zanger of Chartpattern.com sees the potential for the standard and Poor's 500 to hit 5,000, and Michelle Steves of Baird Small-Cap Value fund agrees with the value assessments of others, but thinks the effects will be particularly strong in small- and mid-cap stocks, which have been left behind as the market advanced thanks to a few holdings but is poised for a more broad-based move now.